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

The development and training of managers and the articulation of a cohesive and consistent management model are crucial for any company, especially a company that is experiencing rapid growth. With each year I’ve spent as a leader, I’ve grown more and more convinced that my team—any team—thirsts for someone with authority, and power, to tell them consistently where they’re going, how they’re doing, and how they could do their job even better. And all the team asks is that the same rules apply to everyone.

Setting the Table

Danny Meyer

The lesson is clear: Don’t just do something, stand there. It’s time for everyone to acknowledge that the term “long-term investor” is redundant. A long-term investor is the only kind of investor there is. Someone who can’t hold on to stocks for more than a few months at a time is doomed to end up not as a victor but as a victim.

The Intelligent Investor, Rev. Ed

Benjamin Graham, Jason Zweig

High‐growth enterprises are not easy places to live. The pressure is relentless. Performance is aggressively managed. There is no let up. I have seen employees depart after a short time because the intensity and pace just wasn’t their cup of tea. Culture is not about making people feel good per se, it’s about enabling the mission with the behaviors and values that serve that purpose. It’s unlikely that a strong, effective, and mission‐aligned culture will please everybody.

Amp It Up

Frank Slootman

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