Nonlinearity
Power laws. Pareto Principle. Tipping point. Critical mass. Exponential. Compounding Effect.
(Excerpt from The Almanack of Ravikant) If you have a sterling reputation and you keep building it for decades upon decades, people will notice. Your reputation will literally end up being thousands or tens of...
December 29, 2020|
Morals, Nonlinearity
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(Excerpt from The Almanack of Ravikant) We waste our time with short-term thinking and busywork. Warren Buffett spends a year deciding and a day acting. That act lasts decades....
December 29, 2020|
Investing, Nonlinearity
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(Excerpt from Last Man Standing by Morgan Housel) … compounding is just returns leveraged with time. Earning a 20% return in one year is neat. Doing it for three years is cool. Earning 20% per year for 30 years...
December 19, 2020|
Investing, Nonlinearity
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(Excerpt from The Psychology of Money by Morgan Housel) As I write this Warren Buffett’s net worth is $84.5 billion. Of that, $84.2 billion was accumulated after his 50th birthday. $81.5 billion came after he...
September 26, 2020|
Investing, Nonlinearity
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(Excerpt from “The Interesting Times” email 21 Mar 2020 by Taylor Pearson) As a thought experiment, imagine 100 ladders lined up against a long wall. Each has a 10% probability of falling over. If the...
March 22, 2020|
Entropy, Investing, Nonlinearity, World
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(Excerpt from Motherf*ckin’ Monday 4 Nov 2019 edition by Mark Manson) Quite simply, nuclear power would save lives. For every nuclear power accident, hundreds of thousands of people die due to fossil fuel-related...
November 11, 2019|
Availability Bias, Inversion, Nonlinearity
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(Extracted from Atomic Habits by James Clear) The primary axis of the Americas runs from north to south. That is, the landmass of North and South America tends to be tall and thin rather than wide and fat. The same...
October 26, 2019|
Nonlinearity, Resistance, Structure drives behaviour
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(Extracted from How To Be Successful by Sam Altman) You also want to be an exponential curve yourself—you should aim for your life to follow an ever-increasing up-and-to-the-right trajectory. It’s important to move...
October 25, 2019|
Nonlinearity
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(Excerpt from Zero to One by Peter Thiel) The power law is not just important to investors; rather, it’s important to everybody because everybody is an investor. An entrepreneur makes a major investment just by...
September 21, 2019|
Focus, Life, Nonlinearity, Tech
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(Excerpt from Zero to One by Peter Thiel) Our results at Founders Fund illustrate this skewed pattern: Facebook, the best investment in our 2005 fund, returned more than all the others combined. Palantir, the...
September 21, 2019|
Nonlinearity, Tech
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