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For similar reasons, archaic humans did not initiate any revolutions. As far as we can tell, changes in social patterns, the invention of new technologies and the settlement of alien habitats resulted from genetic mutations and environmental pressures more than from cultural initiatives. This is why it took humans hundreds of thousands of years to make these steps.
Sapiens
Yuval Noah Harari
Managers’ fees can turn attractive-sounding strategies into mediocre investments. Suppose a fund can access and manage unusual credit opportunities that yield the investor twelve percent a year at a time when six percent returns are typical. That sounds alluring. But do the math. If the fund charges two plus twenty fees (that is two percent a year on capital and twenty percent on profits), the net return is reduced to eight percent.
The Stoic Capitalist
Robert Rosenkranz
There are two components to scientific discovery: doing great research and building a lab that does great research. I once asked Steve Jobs what his best product was, thinking he would say the Macintosh or iPhone. Instead he said that creating great products is important, but what's even more important is creating a team that can continually make such products.
The Code Breaker
Walter Isaacson
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