📚 Edwin's Highlights

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A batch of the best highlights from what Edwin's read, .

But here is the catch in management’s fight to rein in superstar salaries, and one institutional reason the super-elite continue to rise: in the age of the vast, publicly traded joint-stock company, where ownership is widely dispersed and boards lack the time, expertise, and gumption to weigh in on the specifics of how companies operate, the managers themselves are superstars, too. Entertainers and athletes are the most visible superstars, but they are hugely outnumbered by the army of business managers who in the past four decades have been transformed from salarymen to multimillionaires.

Plutocrats

Chrystia Freeland

I think this undersells this use case, at least for frequent travelers. Back when I worked for Microsoft I would regularly fly cross-country in the back of the plane; I also spent most of these trips doing work. In that particular example a one-time purchase of a Vision Pro would have made every single trip more enjoyable and more productive. It’s a classic tech story: a higher-priced ticket for a better seat is a consumable that loses its value the moment you land; a tech product, though, costs a lot up front but you reap the value at zero marginal cost from then on.

Vision Pro on an Airplane, the Apple TV+ Services Story, Apple Earnings Notes

stratechery.com

I don’t think life is that hard. I think we make it hard. One of the things I’m trying to get rid of is the word “should.” Whenever the word “should” creeps up in your mind, it’s guilt or social programming. Doing something because you “should” basically means you don’t actually want to do it. It’s just making you miserable, so I’m trying to eliminate as many “shoulds” from my life as possible. [1] The enemy of peace of mind is expectations drilled into you by society and other people.

The Almanack of Naval Ravikant

Eric Jorgenson, Jack Butcher, and Tim Ferriss

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