One of the things about the Valley that I find outsiders miss the most is that it feels like it's all moving so fast, and yet, any of the important companies or any of the important products take a decade or more to build. Everything important takes a long time, so a lot of it actually feels quite slow. Long-term orientation is absolutely necessary... See more
Things that make this hard in practice:-It’s hard to actually know what you want or need;-It’s hard to be creative about solutions and imagine how another person would help solve it;-It can be intimidating to ask the person;
At the same time that investing became more accessible, crypto went mainstream. About 20 million Americans—14% of the population—own crypto, with 100K “Bitcoin millionaires” out there. Many Americans (and especially many young Americans) learned to think like an investor through crypto.
Complexity can be tamed, but it requires considerable effort to do it well. Decreasing the number of buttons and displays is not the solution. The solution is to understand the total system, to design it in a way that allows all the pieces fit nicely together, so that initial learning as well as usage are both optimal. Years ago, Larry Tesler, then... See more
So why is reading books any better than reading tweets or wall posts? Well, sometimes it isn’t. Sometimes, you need to put down your book, if only to think about what you’re reading, what you think about what you’re reading. But a book has two advantages over a tweet. First, the person who wrote it thought about it a lot more carefully. The book is... See more