How Many Trillion-Dollar Companies Should There Be?
Soros argues that highly valued companies that have attracted significant investments based on the expectation of their future profitability—often due more to narrative than to objective analysis—gain a critical edge in hiring and get the best talent in the field.
Morgan Housel • In This Economy?
But put all of these clues together and a story emerges: if they really do have a high bar for mere mediocrity, but they also have the operating leverage to make a successful employee have a bigger impact on the world (and a bigger impact on their own net worth) than anywhere else, then their optimal strategy is to be a bit bloated specifically so ... See more
Byrne Hobart • The Bid/Ask Spread for Top Talent
THE FOURTH DOT In order to fortify the talent density in your workforce, for all creative roles hire one exceptional employee instead of ten or more average ones. Hire this amazing person at the top of whatever range they are worth on the market. Adjust their salary at least annually in order to continue to offer them more than competitors would. I
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