📚 Roger's Highlights

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It’s good to keep in mind that those who extoll the virtues of disruption tend to be—coincidentally enough—the ones in the winners’ circle. But disruption that spreads its benefits and new opportunities broadly is better for society. Fortunately, most disruption falls into this category. In a 2004 working paper, “Schumpeterian Profits in the American Economy: Theory and Measurement,” Yale economist William Nordhaus examined the US economy from 1948 to 2001. Based on the data he collected, he concluded that only 2.2 percent of “profits that arise when firms are able to appropriate the returns from innovative activity” went to the disrupters. “Most of the benefits of technological change are passed on to consumers rather than captured by producers,” he concluded. Like it or not, change is inevitable—but it doesn’t have to be wholly unexpected.

Blitzscaling

Reid Hoffman, Chris Yeh

Work can bring you a sense of fulfillment—but it pales in comparison to the enduring happiness you can find in the intimate relationships that you cultivate with your family and close friends.

How Will You Measure Your Life?

Clayton M. Christensen, James Allworth, and Karen Dillon

He worked harder than anyone. “Fitness was almost a religion to him,” one teammate would say of him. “I am a slave to baseball,” Gehrig said. A willing slave, a slave who loved the job and remained forever grateful at just the opportunity to play.

Discipline Is Destiny

Ryan Holiday

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