Join 📚 Edwin's Highlights
A batch of the best highlights from what Edwin's read, .
But, along the way, Buffett found that he liked the idea of advertising for people to nominate themselves for jobs. He had always preferred that people ask him for favors. In his 2006 letter to shareholders, prodded by Bill Gates, he had pointed out that Lou Simpson’s “top-notch” investing record was at risk (omitting any mention of his own) if anything happened to both Simpson and himself, and advertised for a successor to Simpson. Send in your résumé, Buffett said.
The Snowball
Alice Schroeder
In 1968, Noyce and Moore decided to leave Fairchild for two reasons: because it was too bureaucratic for their tastes and because it was not organized enough to solve the Shockley problem of being unable to manage the transition from flawless design to flawless manufacturing of microscopic parts. They wrote a three-page business plan, describing their intention to build one corner of the transistor business—the one focused on computer memory—into an industry. Their reputation was such that within forty-eight hours they had raised $2.5 million on the phone.
From Silk to Silicon
Jeffrey E. Garten
It does, and understanding the force that opposes entrepreneurship is fascinating not just because it helps us understand true innovation, but also because it may be the most powerful force on earth. In fact, the opposite of entrepreneurship is a fundamental component of life itself. Every living thing is a copy of something else and can usually copy itself. Every bug, bacterium, and blue whale began as a copy of some similar parent. We may not know how life began, but we sure know how life continues: replication. We are born from copying and born to copy.
The Innovation Stack
Jim McKelvey
...catch up on these, and many more highlights
Readwise