Chad Aaron Hall
@readordieaslave
Edgewalker
Chad Aaron Hall
@readordieaslave
Edgewalker
Elon Musk favors biographies and historical study as a training ground for leadership and strategy, using lessons from other great leaders to inform his decisions and mental models.
Suppose there are 1 million total shares of stock in Noahcorp, but that only 1000 shares of Noahcorp get traded on any particular day. And most Noahcorp shares just sit in people’s accounts and never even get traded at all. Now suppose that the 1000 shares that DO get traded go for $300 a share. Mark-to-market accounting means that we value all 1... See more