"Self-Driving Investing: A Way of Being"

The idea of long-term investing as a way of being, the concept of a self-driving portfolio, the importance of positive feedback loops, the value of quality, and the benefits of having an endgame in investment strategies.

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updated 7mo ago

Tight feedback loops are excellent tools for optimizing efficiency (eg, of understood production processes, operations, or distribution funnels). But if we’re dogmatic in adhering to a fixed feedback loop periodicity, we preclude ourselves from undertaking larger scale projects (the space program that reached the moon does not get fu
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from Metrics, Incrementalism, and Local Maxima by Andrew Kortina
sari added
Cars and the FutureA little over a year ago I explained in Cars and the Future that there were three changes happening in the personal transportation industry simultaneously:Drivetrains were changing from the internal combustion engine to electricCar operation was moving from human-based to computer-based (i.e. self-driving cars)Ownership was shift... See more
from Intel, Mobileye, and Smiling Curves by Ben Thompson
Tekelala added
The process looks meandering a lot of the time. Do I also strive for productivity? Yes, but it is a delicate balance, and I think the pitfall is to force something to happen that must happ en on its own . Observing the professional investment world writ large, its preoccupation with efficiency, predictability, and standardization is striking: indus... See more
from Direct_and_indirect by The document does not explicitly state the name of the author.
sari added
on investing, but applies to all creative efforts

from Metrics, Incrementalism, and Local Maxima by Andrew Kortina

from Intel, Mobileye, and Smiling Curves by Ben Thompson

from Direct_and_indirect by The document does not explicitly state the name of the author.