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.... See more
the biggest surprise is that the most enduring companies are not mega companies. most of them have under 300 employees.
There is a common issue of over-optimizing the metrics in business, which can damage the whole system.
Doing the wrong thing efficiently is actually worse than doing the right thing badly.
– Rory Sutherland