sari

Passive index flows rarely consider price or valuation. And now, the stock market is not where insiders go to raise money, it’s where they go to cash out."

For the past year or more, I haven’t been able to stop thinking about how the primary challenge we face, as people living in a modern western society, is not surviving in a resource scarce environment, but is instead managing to not gorge ourselves to death, literally/physically or figuratively/spiritually.

For the action to be frictionless, it needs to sit in the checkout flow.

I used to think that if you cared for other people, you need to study sociology or something like it. But….I [have] concluded, if you want to help other people, be a manager. If done well, management is among the most noble of professions. You are in a position where you have eight or ten hours every day from every person who works for you. You hav... See more