[…] For me, getting an accurate picture of reality ultimately comes down to two things: being able to synthesize accurately and knowing how to navigate levels.…Every day you are faced with an infinite number of…
Tag: Business
Dave Hitz on Speckled-Egg Thinking; or How Leaders Should Help Their People
[…] An article about cliff-dwelling seagulls and the challenges they face helped shape my view of human nature. Small rocks are always falling down the cliffs and landing in the birds’ nests. That’s bad, because…
Charlie Munger on Avoiding Tough Things
[…] There are things that we stay away from. We’re like the man who said he had three baskets on his desk: in, out and too tough. We have such baskets – mental baskets –…
Jeff Bezos Answers the Question Whether Amazon Is Going To Fail
[…] In early 1997, Jeff Bezos flew to Boston to give a presentation at the Harvard Business School. He spoke to a class taking a course called Managing the Marketspace, and afterward the graduate students…
Barry Diller on The Importance of Unlearning
[…] HOFFMAN: So how did you apply your blank page, your process, to the starting of your Internet businesses?DILLER: The first one is always the first, and then since I’m always up for anything, I…
Ed Catmull on the Importance of a Team
[…] The takeaway here is worth repeating: Getting the team right is the necessary precursor to getting the ideas right. It is easy to say you want talented people, and you do, but the way…
Warren Buffet and Charlie Munger on Knowing Your Limitations
Warren Buffet says: […] You have to stick within what I call your circle of competence. You have to know what you understand and what you don’t understand. It’s not terribly important how big the…
Richard Rumelt on the Source of Bad Strategy
[…] A strategy is a way through a difficulty, an approach to overcoming an obstacle, a response to a challenge. If the challenge is not defined, it is difficult or impossible to assess the quality…
Peter Thiel on Whom you Should Work With
[…] Why work with a group of people who don’t even like each other? Many seem to think it’s a sacrifice necessary for making money. But taking a merely professional view of the workplace, in…