Daniel Bakalarz
@danielbakalarz
Investor at https://unisonam.com
unisonam.comDaniel Bakalarz
Consciousness exists on a spectrum from pure abstraction (map) to pure engagement (territory).
thekcpgroup.com • The Attention Span. “Racehorses and Psychopaths.”
Yet investing is an inherently social exercise. As a result, prices can go from being a source of informationto a source of influence. Great investors don’t get sucked into the vortex of influence. This requires the trait of not caring what others think of you, which is not natural for humans. Indeed, many successful investors have a skill that... See more
Dan Callahan • Reflections on the Ten Attributes of Great Investors
Value Investing with Legends Columbia Business School
podcasts.apple.comBut 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
Adobe now thinks there will be 68 Mn Creative Pros and ~900 Mn “Communicators” (who are students, marketers, knowledge workers etc.) who size up to $25 Bn and $31 Bn TAM respectively.
mbi • ADBE-Deep-Dive-2
The great lesson in microeconomics is to discriminate between when technology is going to help you and when it's going to kill you. And most people do not get this straight in their heads. That's such an obvious concept—that there are all kinds of wonderful new inventions that give you nothing as owners except the opportunity to spend a lot... See more
Charlie Munger • A Lesson On Elementary, Worldly Wisdom As It Relates To Investment Management & Business – Charles Munger, USC Business School, 1994
Luminita Enache and Anup Srivastava, professors of accounting, developed a technique to measure intangible investments.10 They separate reported operating expenses into two groups. The first is intangible investments that include R&D and advertising. The second is selling, general, and administrative (SG&A) expenses excluding R&D and... See more
Morgan Stanley • Market-Expected Return on Investment Bridging Accounting and Valuation
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.”