📚 Edwin's Highlights

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

HBO was, in a sense, caught in a trap of its own success. Its position in cable was just too strong and too lucrative to jeopardize by chasing the technology of an uncertain future. “We were in a classic innovator’s dilemma,” says Shelley Brindle, then a top sales and marketing executive at HBO.

It's Not TV

Felix Gillette and John Koblin

Already, Ramp let companies easily match and reconcile expenses generated on the Ramp card. Because Ramp can issue one-time-use, virtual cards, even employees without their own physical cards can pay for many of the things they buy via Ramp. But some expenses, like cash expenses, car depreciation, or incidentals, can’t be put on a card, so Ramp is rolling out Ramp Reimbursements so employees can submit out of pocket expenses and get paid in Ramp.

Ramp: The Card-Sized Finance Team

notboring.co

Every once in a while, then, people learn an essential lesson. They realize that nothing—and certainly not the indiscriminate acceptance of risk—carries the promise of a free lunch, and they’re reminded of the limitations of investment theory.

The Most Important Thing Illuminated

Howard Marks, Paul Johnson

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

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