If one follows the breadcrumbs when John Malone speaks, it's a pretty comprehensive course on capital allocation, structuring and tax efficiency (genius/non-pareil), incentive alignment, and life perhaps. finance.yahoo.com/news/billionai…
One underappreciated quality of both TK and EM is the fact that they've been able to get past deep betrayals and build enough trust to work with the very people that did so. PT in EM's case and now TK with Dara. Very, very few people can pull this off.
Gladwell on Victor Neiderhoffer's spectacular flame out feat. Taleb and Soros is a sobering take for those of us who never experienced anything before '08. newyorker.com/magazine/2002/…
Conversations in SV always seem polarized — the risk takers and the never risk a thing-ers. As this classic Gladwell essay clarifies through Ted Turner's lens, the former aren't really wildcatters or cowboys. newyorker.com/magazine/2010/…
Once two people cross a line of spite, it's hard for them to come back from it. The savage brilliance of Who's afraid of Virginia Woolf lies in the fact that it begins after that line has been breached.
I have found the outcomes to be way worse in situations where I've tried too hard as opposed to situations where I've just let things play out.
If only one could precog optimal effort.
I never would have read a book titled The Courage to be Disliked but for Marc's recommendation 5-6 years ago. That book and its successor have made me think more than, um, possibly anything else I've read. And to have read it just before Covid hit was👌🏽!
I never would have read a book titled The Courage to be Disliked but for Marc's recommendation 5-6 years ago. That book and its successor have made me think more than, um, possibly anything else I've read. And to have read it just before Covid hit was👌🏽!
On top of everything else that makes it delightful to do business in India, one also has to read the regulators' mood apparently.
There are probably only two business groups currently that consistently keep the regs in a good mood.
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My only account has a blue checkmark. Beware of impersonators.
No investment advice!
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675 Followers 41 FollowingJust doing this while quarantined (so far). I suggest only executing the infrequent slam dunk trades. Annual return objective is 2^10 so buckle up.
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No investment advice, do your own DD.
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