Conviction
The document delves into the importance of conviction in business ownership, detailing the role of explicit and implicit convictions in investing decisions and the concept of Quality in company assessment.
greenlealane.comSaved by alex
Conviction
Not money.
Not intelligence.
Not access.
Conviction.
I’ve met a lot of people who are very intelligent and have an awesome (in the literal sense) arsenal of skills and advantages at their disposal.
But that doesn’t make them dangerous, because they usually don’t know where to go with all of this. (In fact,
John Koenig • Edward Lando
But, then, ultimately, we get to this somewhat stark moment of conviction – a decision without certainty but with some level of instinct and belief. The work you’ve done is a big input, but then, I find there’s something else, too. It’s some combination of understanding, excitement, experience, gut, and fear. And this process repeats throughout our... See more
Mario Gabriele • Modern Meditations: Rebecca Kaden (Union Square Ventures)
This part in this piece on @JoshuaKushner really rings true to me. I'm a gut-driven, intuition-first person, so I know exactly what he's saying here:
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“My deepest insecurity is that I have these intuitions about things that I cannot explain to anyone,” Kushner told Rubin as they sat in his garden... See more
Jason Friedx.com
The central point of the post below is that risk is the product of venture capital, and some managers understand that better than others.
Many of the replies talk about the futility of 'financial engineering', and how concepts like portfolio construction are less relevant to early stage VC due to the greater... See more
I’m thinking about conviction, because it is so rare.
A lot of people start off with conviction, but life, hardships, and other people’s opinions get in the way, and they stop believing in the greatness of their own ideas.
I’ve met intelligent types with lots of skills and advantages at their disposal. But they usually don’t know where to go with... See more
A lot of people start off with conviction, but life, hardships, and other people’s opinions get in the way, and they stop believing in the greatness of their own ideas.
I’ve met intelligent types with lots of skills and advantages at their disposal. But they usually don’t know where to go with... See more