Extending yourself through time
Compounding works best when you can give a plan years or decades to grow. This is true for not only savings but careers and relationships. Endurance is key. And when you consider our tendency to change who we are over time, balance at every point in your life becomes a strategy to avoid future regret and encourage endurance.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
If my goal was to pitch a specific idea, then why would I waste a backer’s time with such a macro perspective? But as I interviewed backable people from all walks of life—inside big companies and small—I realized how every one of them took on the role of an “armchair anthropologist” and first showed investors where the world was headed.
Suneel Gupta • Backable: The Surprising Truth Behind What Makes People Take a Chance on You
One thing I'm always on the lookout for with people. Are they moving quickly? Are they evolving quickly? In my view, at the end of the day, when you're betting on a founder, especially if the market's not super clear, what you're trying to do is, you're trying to predict that, that particular person will have as many shots on goal as possible
... See moreDaniel Gross • Finding Undiscovered Talent
That's another thing too, where I'm only interested in people that do things for a long period of time. There is a subset of people that can start a great business or be a great investor for two years, five years, 10 years. I'm interested in people that, you started the conversation saying about Edwin Land and Estee Lauder. Okay. Two obsessives. Th... See more