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A batch of the best highlights from what Lukas's read, .
We’re at the beginning of a cycle in business where we can move away from this idea of “influentials” and instead focus marketing activity on small connected groups of close friends.
Every company should strive to leverage incentives to motivate all employees to fully develop and apply their capabilities to maximize long-term value for the company in a principled way.
Good Profit
Charles G. Koch
Vanguard’s inauspicious starting capital was followed by modest growth in assets. A merger with Exeter helped, and bit by bit the company achieved respectable scale, as the chart below indicates. Still, more than a decade would pass before Vanguard reached full escape velocity.
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