The future is baked into the population of today, and that makes it very convenient for looking at the next couple of decades as our future soldiers are today in nursery school, and our future retirees are entering college.
— Jennifer SciubbaHe told me that his returns got so much better in the Bahamas, why? Because he got the Wall Street Journal a few days late! It's so difficult to mentally distance yourself from the herd and so perhaps physically distancing yourself from the herd is a good idea.
The only reason we are the master of anything today is because of our intelligence. We're not the strongest species on the planet. Without our intelligence, we're quite irrelevant. When they are smarter than we are, it is wishful thinking that they will continue to be connected to us.
In the same way that kids would benefit from healthy, happy parents- startups would benefit from healthy, happy founders.
Measuring wellbeing solves two big problems: it tells us what truly matters (not just income or health metrics), and it lets us compare different types of charities—poverty relief, education, the arts—by how much happiness they generate. We move from vibes‑based giving to data‑driven giving.
The people who will be disproportionately harmed by climate change are those who are (in general) less advantaged economically and socially. Justice means equality of opportunity for all human beings, and that equality of opportunity is quickly reduced if you're in Bangladesh and your home is flooded or if you're in Nigeria and your crops fail because the rains have changed.
Every person is different, but every sale is the same.
Excellence is not about perfection, it's about consistency and the relentless pursuit of something better. Every dish is an opportunity to elevate the craft.
My dad always said you can't win until you don't care. That's how I approached it. My goal was to ski the best I could, as fast as I could, and I didn't care. I would rather crash than come to the finish line knowing I could have done better.
In my book, the reason I call figures like Stalin, Mao, Pol Pot, etc., red leviathans is that they're actually serving a role that's necessary in a modern progressive revolution: they're the ones who say what is revolutionary and what isn't. Because it turns out that's not an easy question to answer.
They are opening seventeen distribution centres. I've never seen a company open more than two or three at a time and this company is opening seventeen! The valuation is very stretched, but the business advantages are, in my opinion, mind-boggling.
I often hear people say that everything that matters must be measured, and if it can't be measured, it doesn't matter. I believe the absolute reverse. Nothing that matters can be measured.
I tend to go with scholarship that argues that there no people called entrepreneurs but people perform entrepreneurial functions at different times. Edison performed great entrepreneurial acts. But he was also fierce opponent of innovation when it threatened his business interests.