Investment Wisdom

Yvon Chouinard on not forcing it:

“A serious surfer doesn’t plan to go surfing next Tuesday at 2 o’clock. You go surfing when there are waves and wind and the tide is right.”

as usual @cdixon was right about this 10 yrs ago (see: btc, dl, biomonitoring...) its also obvious something my smartest friends have been doing on weekends since 2020 is context bonsai i.e creating/trimming/tending their local garden/repo of data for their future personal AIs to fine tune... See more

it’s more about being curious enough to understand the shifts that founders are building upon and have a thesis about what it means for the future. These could be technology shifts, cultural shifts, regulatory shifts. We try to meet founders that have an insight into these inflection points and can articulate why the thing they’re building doesn’t... See more

Ludwig Jesselson on understanding the underlying trends:

“You can mess up a lot of things in business and still do well as long as you get the big trend right.”