Jason Shen

1. The argument is that accountings of history are not accurate, and can never be accurate, thanks to the narrative fallacy . By its nature, narrative necessarily compresses reality into some coherent tale, meaning that accountings of history tend to overemphasise intention and action, instead of the more plausible ‘random actions by actors in a compl

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Your ads are saying, “look, I’m don’t have Porsche’s speed or Chevrolet’s muscles. I’m not as sexy as Mercedes-Benz and I’m not as classy as Cadillac. I’ll never be as patriotic as Ford because I’m German to the core. I know what I am…and I’m proud of it. I’m not made to be shown off, I’m made to be functional: my purpose is to get you from point A... See more

This locks toy companies into a challenging bet. Every year, they have to a) predict trends, b) invent them, and c) commit capital to them. All without knowing how the rest of the year will turn out. Since toy trends exist, but don’t last for very long, they have to invent new products every year—but the technological state of the art doesn’t... See more

Second, because genius isn’t linear . You can’t create something world-changing by simply following steps 1 through 10. You need chaos. You need disorder. But it has to be tethered chaos 1 —chaos that’s guided by a deep sense of purpose and vision. It’s about engaging with the unknown while keeping one foot grounded in reality.

One small thing I try to do out of respect to artists is never use individual artists as part of my prompts, e.g. "painting of a couple in a warm embrace in the style of Artist Name" which is often used by people looking to achieve a specific "effect".

This may be a controversial take, but I'd rather look for ways to compensate or support people of

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IF A GREAT MUSICIAN PLAYS GREAT MUSIC BUT NO ONE HEARS . . . WAS HE REALLY ANY GOOD?

It’s an old epistemological debate, older, actually, than the koan about the tree in the forest. Plato weighed in on it, and philosophers for two millennia afterward: What is beauty? Is it a measurable fact (Gottfried Leibniz), or merely an opinion (David Hume), or... See more

one of the most interesting pieces of information we found through our analysis is that Great Funds know how to concentrate capital exceptionally well.

Great Funds invested 38.7% of their capital in 23.1% of their investments, which generated over 5X+. 23.9% of that capital went into their 10X+ investments.

Good Funds on the other hand invested... See more