conviction

Love this from Joshua Kushner’s interview on Patrick O’Shaughnessy‘s Invest like the Best: Patrick: How do you balance or reconcile participating in a $2b round for stripe with a 2m check into a seed company? Joshua: They are equally concentrated - not in magnitude of capital but in emotional commitment to concentration. We don’t do a lot but wh... See more

Every day I talk to smart young people who want to work in tech or become founders. And I ask them a simple and obvious question—one that should be instinctual to answer. Not about their revenue goals or their product or how they’re going to scale a team from 5 to 50. But a more essential question: What do you believe? Why will people follow you? I... See more

One of my (many) contrarian beliefs is that we do not have strong enough preferences. We often blame social media or the speed of information as the reason why we’re easily distracted, but the real reason behind our inability to focus has less to do with the sheer quantity of media and more to do with our laziness when it comes to distinguishing wh... See more

In a controversial speech by Lee Kuan Yew who served as the Prime Minister of Singapore from 1959 – 1990, he has a really great line about conviction: “I ignore polling as a method of government. I think that shows a certain weakness of mind, an inability to chart a course. Whichever way the wind blows. Whichever way the media encourages the pe... See more

Letting there be room for not knowing is the most important thing of all. When there's a big disappointment, we don't know if that's the end of the story. It may just be the beginning of a great adventure. Life is like that. We don't know anything. We call something bad; we call it good. But really we just don't know.