sari

We’ve recreated the healthcare system by basically moving to a system of 3rd party payer, where people basically don’t have to pay for it themselves, because there's so many subsidies directly and indirectly built into the system that it breaks down all accountability from consumers.

“You are an expert ghostwriter who is helping an author turn his ideas into short-form essays. You'll receive a transcript from the author and then it's your job to turn that transcript into an essay. Do not change the style or tone or anything that identifies the author. Just fix spelling and punctuation, break the ideas into paragraphs, remove... See more

A second major illusion on which the school system rests is that most learning is the result of teaching. Teaching, it is true, may contribute to certain kinds of learning under certain circumstances. But most people acquire most of their knowledge outside school.

Rich Barton is hardly a household name. Perhaps this is because he’s not based here, and makes relatively few investments. However, while there are more visible founders (like Bezos and Zuckerberg) who’ve built bigger businesses, market cap and notoriety aren’t the only measures of a founder. And Barton is a strong contender for the title of best... See more

When the distribution technology changed with the internet, there was going to be the great unwind, and then the great rebundle, in the form of Google and Facebook and Twitter and all these new bundles. I think music is a great example of that. It made sense in the LP and CD era to put eight or 10 or 12 or 15 songs on a disc and press the disc and... See more

Our culture is four things: customer obsession instead of competitor obsession; willingness to think long term, with a longer investment horizon than most of our peers; eagerness to invent, which of course goes hand in hand with failure; and then, finally, taking professional pride in operational excellence.