Daniel Bakalarz
@danielbakalarz
Investor at https://unisonam.com
unisonam.comDaniel Bakalarz
But before you assume that bigger is always better, it is critical to run the numbers for your business.
Joan Magretta • Understanding Michael Porter: The Essential Guide to Competition and Strategy
As the father of value investing, Benjamin Graham, advised in 1934, smart investors lookto the market not as a guide for what to do but as a creator of opportunity.
Seth Klarman • Seth A. Klarman remarks at MIT
a business like specialty coffee retailing, for example, where entry barriers are low, Starbucks must constantly invest to refresh its stores and its menus. If it slacks off, it effectively opens the door for a new rival to join the fray.
Joan Magretta • Understanding Michael Porter: The Essential Guide to Competition and Strategy
The Quantum Rules: How the Laws of Physics Explain Love, Success, and Everyday Life
Kunal Das • 2 highlights
amazon.com
One of the things I’ve found just for kind of managingmyself is that if I try to just go straight into the day, almost every morning when I wake up and read through my emails and get the news, it’s almost like getting punched with sort of like a ton of new context. And it’s like, “Okay, I need to internalize this.” So I found that doing... See more
Mark Zuckerberg • The Tim Ferriss Show Transcripts: Mark Zuckerberg on Long-Term Strategy, Business and Parenting Principles, Personal Energy Management, Building the Metaverse, Seeking Awe, the Role of Religion, Solving Deep Technical Challenges (e.g., AR), and More (#582)
Only a value proposition that requires a tailored value chain to deliver it can serve as the basis for a robust strategy. This is the first line of defense against rivals.
Joan Magretta • Understanding Michael Porter: The Essential Guide to Competition and Strategy
What is elementary, worldly wisdom? Well, the first rule is that you can't really know anything if you just remember isolated facts and try and bang 'em back. If the facts don't hang together on a latticework of theory, you don't have them in a usable form.
Charlie Munger • A Lesson On Elementary, Worldly Wisdom As It Relates To Investment Management & Business – Charles Munger, USC Business School, 1994
As the author of Sapiens, Yuval Noah Harari, puts it: “you could never convince a monkey to give you a banana by promising him limitless bananas after death in monkey heaven.”
thekcpgroup.com • The Attention Span. “Racehorses and Psychopaths.”
Value investing is, in effect, predicated on the