Make life easier by living in the present and believing in the future.
I no longer believe that freedom and democracy are compatible.
Value investors look at cash flows. If a company can maintain present cash flows for 5 or 6 years, it’s a good investment. Investors then just hope that those cash flows - and thus the company’s value - don’t decrease faster than they anticipate.
Never invest in a tech CEO that wears a suit.
If you focus on near-term growth above all else, you miss the most important question you should be asking: will this business still be around a decade from now?
Distribution may not matter in fictional worlds, but it matters in most. The Field of Dreams conceit is especially popular in Silicon Valley, where engineers are biased toward building cool stuff rather than selling it. But customers will not come just because you build it. You have to make this happen, and it's harder than it looks.
There's a wide range of sales ability: there are many gradations between novices, experts, and masters. There are even sales grandmasters. If you don't know any grandmasters, it's not because you haven't encountered them, but rather because their art is hidden in plain sight.
We have problems which will be addressed by Haitians.
In democratic countries, however opulent a man is supposed to be, he is almost always discontented with his fortune, because he finds that he is less rich than his father was, and he fears that his sons will be less rich than himself.
Everybody was starting to grow long hair and wear pink suits and purple glasses and stuff and then, I suppose, some people thought we were crazy, but we weren't really crazy because we're all still here!
It's still relatively rare to have an epidemiologist at a zoo.