sari

"A very significant part of my philosophy has to do with managing your psychology. Markets are about the psychology of others. When are they panicking? When are they greedy? But you have those same flaws or those same potential flaws, and managing your portfolio in a way that doesn't leave you where you're panicking or overexposed to greed. If you ... See more

Geeks can refuse to admit mops. In fact, successful subcultures always do create costly barriers to entry, to keep out the uncommitted.6 In the heyday of subcultures, those were called poseurs.7 Mop exclusion keeps the subculture comfortable for geeks, but severely limits its potential. Often there’s a struggle between geeks who like their cozy lit... See more

Right now, and for the foreseeable future, follower graphs on centralized social networks are a source of significant and enduring value. We see in every dimension of our society how efficiently that influence can be translated into financial, political and cultural gain. So to ask our question another way: Will there be a time when most users’ on-... See more

Collective ownership can take a number of forms: unions, Employee Stock Ownership Plans (ESOPs), and stock options are all related. But the most important means of collective ownership will be the resurgence of an old model: the co-op.

Free from the responsibility of promoting friend posts, Meta’s sophisticated algorithms can now curate content from across 3 billion monthly users when making recommendations to turn Home into “the starting point for connection, entertainment and discovery on Facebook”. Because even though users may be requesting a Feed tab to keep up with their fr... See more