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Letter to a Friend Who May Start a New Investment Platform

Host: And of course, the luxury sector spans over so many different products. But what do you think the definition of luxury is?Bernard Arnault: First

to be successful, you have to have the combination between modernity and timelessness.

How Hermès Sells "Time"

Capital Allocation

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When startups start taking off, the founders usually can't tell what's changed. It's some combination of all the random things they did to make it ta

As the world around us becomes increasingly complex, chaotic, and confounding, writing remains one of the most reliable tools we have to root ourselve

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Memetic premium is a phenomenon in which people attribute higher monetary value to an idea because they: 1. See other people value an idea as well 

These are two very different modes of cultural interaction. Charli’s approach invites participation: the memes exist for remixing, the portrayed scene

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 imi

Collecting and archiving are ways to reclaim and own our attention—they are acts of meaning-making. These practices are rituals: habits and skills tha

Parnell shows that authors of color and queer authors are much more likely to have their work flagged as “adult content,” largely due to problems with

The whole thing about the Kardashians — the resistance they’ve kind of induced in people — is that it doesn’t feel consensual. You absorb information

How to Make Wealth

2023: Spend the first half of your career training your model and the second half licensing it out.

I have sometimes pondered the pivotal moment when money changes people forever. The answer is, without doubt, the acquisition of the private plane—it’

Market Selection in Vertical IntegrationIf you were to ask what sunk Convoy, it ultimately boils down to an over-dependence on the digital freight mat

@lilytea3 2 months ago 0:43:

I’ve learned that this world has no commitments to my body. No one will try to understand it more than I will. I learned the necessity not only of lis

Healthcare ecosystem mapping: A first step to shape your market

healthcare is having its top deck of the titanic moment what happens in the next year will define the next century of american healthcare, and basica

Startups and Macro Risk

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Imagine, though, that instead of resorting to one of these fallback positions, you asked yourself: What is the hospitality solution? What if you force

This is a hospitality solution: a problem that we solved not by sneakily chipping away at the service we were offering but by blowing it out in the op

Too many businesses don’t really understand that the core of their business is making people feel good. Whether it’s walking into a store or a restaur

the qualities required of hosts: confidence, joviality, risk tolerance. It takes a lot of self-possession to put yourself in charge of other people’s

Curation leads to expertise. Through curation, you better understand yourself, history, and unlikely connections across fields. Increasingly, we will

we’ve always been influenced in what we find beautiful or valuable or important, of course, but what’s new is the speed at which one is inundated with

You can use algorithms to surface new things. But algorithms are not nearly as good as human curators yet. Whatever pattern matching is going on insid