Join 📚 Edwin's Highlights
A batch of the best highlights from what Edwin's read, .
Buffett was in no danger of suffering from the Shoe Button Complex. He feared appearing obnoxious or, worse, sanctimonious. He believed in what he called the Circle of Competence, drew a line around himself, and stayed within the three subjects on which he would be recognized as absolutely expert: money, business, and his own life.
The Snowball
Alice Schroeder
The Celtics sound like manic patients. Bad events were always explained away as temporary, specific, and not their fault. The Celtics beat the point spread in 68.4 percent of the games following a loss in 1983–84 and in an amazing 81.3 percent of such games in 1984–85. (Remember that on average a team beats the point spread 50 percent of the time. The Celtics beat the spread in 51.8 percent and 47.3 percent of games following a win in 1983–84 and 1984–85 respectively.) They were an almost uncanny comeback team.
Learned Optimism
Martin E.P. Seligman
Another Dying Word Disruption has become nearly as threadbare a concept as entrepreneurship. The two words could be roommates at rehab. When Clayton Christensen first popularized the disruption concept back in 1997, the idea was novel and interesting. But what Christensen originally called disruptive innovation has now been shortened to just disruption and the oversimplification is profound.
The Innovation Stack
Jim McKelvey
...catch up on these, and many more highlights
Readwise