Juan Orbea

Retaining profit in a place where you can retain it and invest it well over time, that is a huge advantage to BH that most other (public) companies don’t have.

It is not trying to justify network states using some abstract theory (eg. some Dunbar's number or concentrated-incentive argument that the optimal size of a political body is actually in the low tens of thousands). Rather, it is an argument that situates network states as a response to the particular political situation of the world at its current... See more

For the modern world, questions about the nature of humanity would be viewed on par with the struggle among the Lilliputians about the correct way to cut open an egg. Hobbes, the first truly modern philosopher, boasted of how he deserted and ran away from fighting in a religious war; a cowardly life had become preferable to a heroic but meaningless... See more

An individual can save (way) more than one life by directing some amount of money to the most effective charities and NGOs (which can be 100s and even 1000s times more effective in having a positive impact than the median charity). There are also other avenues for having such a high impact, such as directing your career to tackle the world's... See more

I'm excited to share with you a classic Maboussin  report  that explores the 10 common attributes he has identified great investors share. I find it very funny that the report was published by Credit Suisse a few years ago 🤣. Whether you're new to investing or a Henry Kravis  protegé , these attributes can help guide your thinking on how great

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Will this give me the work I want to do daily?Is this the best offer I got in terms of income?Does this company look good on my resume?Does this company let me take as much vacation as I want, have free catered lunches, and a fancy office?

“Man is the creature who does not know what to desire, and he turns to others in order to make up his mind. We desire what others desire because we imitate their desires.”