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What they tell you: If you invested $100 in Apple's IPO and and held shares until today, that investment would be worth about $100,000. What they don't tell you: If you invested $100 in Apple's IPO and held shares until today, you would've endured 23 declines of 20% or more.

💩 Repeatable processes are undiscoverable. Since there are no required (or even desired) attributes and relations, there is nothing to nudge folks into a predictable workflow. You have to explain each newcomer that “we decompose Epic into Stories, estimate these Stories, and plan into Sprints” — a flat network cannot guide them.

In this case, traditional employment is becoming unbundled and people are choosing to bundle back up with each other. We’re doing it from a place of increased individual empowerment, with more flexibility and optionality baked in.

What if you could reap the benefits of an in-person gathering—the ability to meet interesting speakers, network with like-minded people, and soak up the knowledge of a curated slate of experts—without the perennial drawbacks: the cold convention centers, the misplaced business cards, and the hassle of travel and parking?

This system of fair exchange drove extraordinary improvements in global equality, poverty and innovation over decades. But since the early 1990s, social mobility has slowed considerably. According to the OECD, it now takes at least five generations for a child born into a low-income French, German, Korean, British or American family to reach averag... See more

On Scalable Logging Platform

For new graduates, working at a consulting firm creates optionality because of the broad exposures (to industries and companies) and skills these firms purportedly develop. Going to graduate school creates optionality by enabling more opportunities than a narrow professional trajectory can provide. Working at prestigious firms and developing social... See more

A great thing about taking notes is that it subtly encourages you to live a ‘notes-worthy life’ You end up seeking interesting conversations to build your memex; experimenting with new recipes to add to your collection; reading more widely to find surprising connections etc.