Knowledge beachcomber interested in the ownership economy, flourishing communities, ecosystem building, magic, and knowledge as an end to itself.
Bits of information provide neither meaning nor orientation. They do not congeal into a narrative. They are purely additive. From a certain point onwards, they no longer inform — they deform. They can even darken the world. This puts them in opposition to truth. Truth illuminates the world, while information lives off the attraction of surprise,... See more
As a result of these much larger outcomes we've built a movie-making system that is focused on big hits because the business model can't really absorb too many massive flops. So you get sequels, prequels, and spin-offs. Established IP and bankable stars. No big risks. And you don't get nearly as much experimentation, innovation, or creativity.
Third, most emerging fund managers do not have to worry about succession plans or manage an existing brand and track record. They can be focused on deliverying on their chosen strategy,