People early in their career should learn from computer science: meander some in your walk (especially early on), randomly drop yourself into new parts of the terrain, and when you find the highest hill, don’t waste any more time on the current hill no matter how much better the next step up might appear .

As an example of a similar historic circumstance you can take a look at what happened in the United States and in Germany in the context of the great depression in the 1930s. In the United States the financial depression hits the financial layer quite badly, it burned down to the economic later, it burned under the political layer which is to say t... See more

Often, companies are underestimated because people believe the market isn't large enough, and the execution will have risks (e.g. Crowdstrike). So how does that translate into the valuation I can pay today? If you have a fundamentally different belief about the size of the market then you believe that the company will be able to address more custom... See more

Generally, I am used to the Big Compromise Idea being a leftist one: some form of equality and democracy. Balaji, on the other hand, has Big Compromise Ideas that feel more rightist: local communities with shared values, loyalty, religion, physical environments structured to encourage personal discipline ("keto kosher") and hard work. 

One of the most important things a General Partner (GP) needs to consider early on when starting a venture fund is their portfolio construction strategy. Portfolio construction will impact nearly every aspect of running a fund, including return performance. 

Anchors around case studies on innovations and creative processes at 8 New Polymath enterprises - BP, Cognizant, GE, Kleiner Perkins, National Hurricane Center, Plantronics and more.

As Chris explains, as fields develop they accumulate huge bodies of knowledge that researchers are meant to be familiar with before they start contributing themselves. But the weight of that existing knowledge — and the need to keep up with what everyone else is doing — can become crushing. It can take someone until their 30s or later to earn their... See more

TIMESTAMPS:0:00 - Intro0:28 - Ali Abdaal’s revenue sources1:20 - Part-time Youtuber Academy, Ali’s high-end course2:03 - Framework: Pricing against the demand curve3:29 - Framework: Vitamins vs Painkillers4:20 - How PTYA can 10x its revenue7:22 - Entrepreneurial Operating Systems8:48 - Ali Abdaal’s book9:07 - The James Clear model: Build in Public1... See more

I think there are always circumstances that are involved too. And oftentimes with decision making, the circumstances, the soil in which decisions are made is a really critical and overlooked factor.