Naval

Reading science, math, and philosophy one hour per day will likely put you at the upper echelon of human success within seven years. Naval Ravikant Of course, it’s no use reading these things if you don’t do anything with the information. This is why I write here: to integrate what I learn.

The Austrians and the Swan: Birds of a Different Feather by Mark Spitznagel

From The Austrians and the Swan: Birds of a Different Feather by Mark Spitznagel: To the Austrians, the [economic] process is decidedly non-random, but operates (though in a non-deterministic way, of course) under the incentives of entrepreneurial “error-correction” in the economy. In a never ending series of steps, entrepreneurs homeostatically correct natural market “maladjustments” (as… Continue reading The Austrians and the Swan: Birds of a Different Feather by Mark Spitznagel

The Big Short by Michael Lewis

The Big Short book reads like a behind the scenes telling of the movie (Steve Carroll was awesome). It still seems too fantastic to be true. Lewis captured a kind of “fantastical” element in his retelling of… a financial story. So that’s pretty impressive. Below are my Kindle notes and highlights, exported with Bookcision.

Ignac Semmelweiss

When I was a kid, my dad told me the parable of the first physician to realize you should maybe mothers would not suffer quite so many horrifying deaths if doctors washed their hands between autopsies and childbirth. Unfortunately this doctor was an asshole, so everyone ignored him. He eventually went crazy from the stress of knowing so many women were being killed by their doctors, and died in a mental hospital. And that is why we don’t dismiss ideas just because they come from crazy assholes, no matter how much we want to.

[…]

But there was another part of the story I knew but hadn’t considered; the autopsies that were contaminating doctors were being done in pursuit of curing childbed fever. The infection was spread by examinations meant to teach students. The very things doctors were doing to cure women were hurting them. Over the medium term, everyone would have been better of if they’d stopped trying. I find this terrifying.

Ignac Semmelweiss, via Aceso Under Glass

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Categorized as Thought

The Merge by Sam Altman

The Merge by Sam Altman

The incorrect assumption here is that humans and technology were ever separate to begin with. Tech is an extension of human cognition and intelligence, not some external reality that is independent of humans. The only thing changing is the mode in which we interface with the tech.

What it’s like to work at WorkFlowy

“As the founder and only current employee of WorkFlowy, I’m just absolutely delighted by the company. The culture really fits me.” What it’s like to work at WorkFlowy

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Categorized as Thought Tagged

1. Launch revolutionary product

2. Sell into fragmented, undifferentiated market

3. Expand scope + vertically integrate

4. Expand into adjacent markets

Result: Own market share, pricing power & profits.

Chamath on $TSLA and $AAPL