David Horne
@davidhorne
Lifelong apprentice.
David Horne
@davidhorne
Lifelong apprentice.
There’s more to learn from people who endured risk than those who seemingly conquered it, because the kind of skills you need to endure risk are more likely repeatable and relevant to future risks.
At the back end, patient investing means no arbitrary timeline to sell and high opportunity costs. Proper patience isn’t necessarily holding forever, but instead applies flexibility – saying you’ll never sell is a form of pride, because there are great reasons, helpful reasons, kind reasons to exit an investment. However, not being a forced seller
... See moreI praise its decentralization, and its willingness to empower booksellers at the local stores.
For God who said, “Let light shine out of darkness,” q has shone in our hearts to give the light of the knowledge r of God’s glory s in the face of Jesus Christ.
People have vastly different desires, except for three things: Respect, feeling useful, and control over their time. Those are nearly universal.
Mercy triumphs over judgment.
idea. It is very likely that one channel is optimal. Most businesses actually get zero distribution channels to work. Poor distribution—not product—is the number one cause of failure. If you can get even a single distribution channel to work, you have great business. If you try for several but don’t nail one, you’re finished. So it’s worth thinking
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