long-term thinking
musings on long-term thinking in a shortsighted world. we overestimate what we can do in a year, underestimate what we can do in 10 kinda thing.
Juan Orbea and
long-term thinking
The short-term crowd is always too distracted to notice the long-term crowd slowly compounding.
An investor obsessing over daily economic data misses the big picture. A teenager chasing fleeting popularity neglects to develop genuine interests and skills. A co-worker stops paying attention to the details to chase attention. All chase false stimuli... See more
An investor obsessing over daily economic data misses the big picture. A teenager chasing fleeting popularity neglects to develop genuine interests and skills. A co-worker stops paying attention to the details to chase attention. All chase false stimuli... See more
Working Backwards: Insights, Stories, and Secrets from Inside Amazon
Bill Carr • 10 highlights
amazon.com
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
Patrick O'Shaughnessy • Passion & Pain
I'm posting here three products that are doing very well. One is Google Earth - I often use it to learn geography. This product is great but not profitable. Scratch -- programming for children. I don’t know whether it makes money or not, but it’s also really great. Roblox, a kind of UGC sandbox game, which is very different from games that we
... See moreZhang Yiming • Zhang Yiming’s Last Speech: Part II
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
People claim to want to do something that matters, yet they measure themselves against things that don’t, and track their progress not in years but in microseconds.”
-via Ryan Holiday, Perennial Seller: The Art of Making and Marketing Work that Lasts