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

The solution societies find, as they get more specialized, is to make the trade into a two-step process. Instead of trading violins directly for potatoes, you trade violins for, say, silver, which you can then trade again for anything else you need. The intermediate stuff—the medium of exchange—can be anything that’s rare and portable. Historically metals have been the most common, but recently we’ve been using a medium of exchange, called the dollar, that doesn’t physically exist.

Hackers & Painters - Big Ideas From the Computer Age

Paul Graham

Psychologist and *The Paradox of Choice* author Barry Schwartz explains that what separates Maximizers and Satisficers is not the quality of their decisions, it’s how these decisions make them feel: “Maximizers make good decisions and end up feeling bad about them. Satisficers make good decisions and end up feeling good.”

How to Not Die Alone

Logan Ury

I actually think, even concepts like roadmaps and generally, plans are actually overrated. The best possible roadmap is have a very clear guide view of what matters to your merchant, have a super strong model of your own capabilities as a company. And then we run the function of deciding what is the very best thing you can work on. Every moment, you have teams ready to pick the next task instead of everyone of doggedly working off a thing that, of course, gets interrupted by reality.

Tobi Lütke: Calm Progress #152

fs.blog

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