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Let’s take an example. The luxury sector, fashion in particular, has increasingly become a key theater for umami. Throughout the history of human civilization, luxury was premised on being expensive, meaning it resulted from investing an unreasonable amount of work, material or other scarce resources into the making of a thing.

When dealing with uncertainty, build a portfolio of small bets and work on themConvex bets have more upside than downside. You lose small and stand to win big.

Contributor ownership: As contributors add value, how can we give them greater ownership and governance power? This is especially important for new contributors, as we want to avoid entrenching power among only early contributors.

How do you foster marriage longevity?-You must show appreciation, don’t take things for granted-Give compliments, and do nice things for each other-Esther is a fan of writing letters to each other, both at home and while she’s on the road-Encourage each other to be the best versions of yourselves