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Having a margin of safety is critical for protection if the worst would happen, but that’s not why we invest. We invest because of the upside potential available in an investment. We’ve illustrated how a positive ROI can be had in an acquisition, but the upside potential for an acquisition entrepreneur surpasses most investments by a long shot.
Buy Then Build
Walker Deibel
If you find
yourself not liking what you’re doing for a long period of time, seriously
consider a major job change. Short-term burnout happens, but if it isn’t
resolved with some time off, maybe it’s time to do something you’re more
interested in.
Productivity
blog.samaltman.com
That means the strategic value of TV or music is marginal - it’s marketing, not a lock-in.
Netflix Is Not a Tech Company — Benedict Evans
ben-evans.com
...catch up on these, and many more highlights
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