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• Bezos announced his intention to offer the lowest prices possible while providing a world-leading customer experience


• This combination seemed paradoxical to some 


• Henry Ford’s philosophy for building companies could be distilled into five words: “Maximum service at minimum costs” 


• Henry Ford did not want to make a low-quality, inexpensive product;

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To engage with a book’s ideas over time, readers must remember its details, and that’s already a challenge. One promising solution lies in spaced repetition memory systems, which allow users to retain large quantities of knowledge reliably and efficiently.

2. Education is a little bit against human nature. If you look at how people use their phone, the majority of people are using their phone to communicate and entertain (play games, using social media, or messaging).

“Elon Musk is sane in a way that almost every human is crazy” – Tim UrbanThe world moves so fast that conventional wisdom does not translate across generations as well as it used to  Reasoning by first principles: knowing when and how to abandon outdated forms of knowledge

Media marketplaces are unique because they have two layers. On the surface level is a “content marketplace”, where content is the supply and attention/views/traffic/eyeballs are the demand.