sari

If you aren’t experiencing failure, then you are making a far worse mistake: You are being driven by the desire to avoid it.

I was talking to a younger friend about this a while back—your Internet presence is increasingly more valuable than your real-life presence. Which is weird and dystopian and I don’t really know how to think about it. But it’s true, and I think people who are like,  I don’t need the Internet , don’t understand the extent to which much of the

The same idea applies to investing. The continuous goal, in my case, is a portfolio that has distinct advantages versus the market along dimensions like value, momentum, capital allocation, etc. There are no price targets, no return targets, no staking my results on a given outcome for a given company. A goalless process like this is incredibly