people's biggest mistakes

when we expand a technology we expand it towards both the divine and the profane. But it is up to us to both define that which is divine/profane — instead of a broad acceptance of the profane as “just another use case that we can’t avoid”.

The things you learn in maturity aren't simple things such as acquiring information and skills. You learn not to engage in self-destructive behavior. You leant not to burn up energy in anxiety. You discover how to manage your tensions, if you have any, which you do. You learn that self-pity and resentment are among the most toxic of drugs. You find

AI is powerful but taste-blind. It can make anything but it has no idea what's actually worth making.

our manager has already made his first mistake in investing in Costco from not buying enough

we have argued that the biggest error an investor can make is the sale of Walmart or Microsoft in the early stages of the company's growth we wonder would selling Amazon today be the equivalent mistake of selling Walmart in 1980

e says the biggest mistake an investor can make is to sell a stock that goes on to rise tenfold not from owning something into bankruptcy but that's what everyone thinks at least judging by the questions that we get from our clients we got questions about our holding in Northwest Airlines rather than the sale of Apple earlier this year but selling

hy is it that no one but the founding Walton family owned

Walmart all the way through Zach and I were told a story which we enjoyed enormously and might help illustrate this point in the early 1970s a large successful fund management company analyzed its portfolio and discovered that their sale of IBM 30 years earlier had been a huge error of

Internal triggers are the primary culprit of distraction. When negative feelings well up inside of you, your brain looks for refuge in something that will numb or distract. The thing you choose to distract yourself is the symptom of the internal trigger.