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As Burke said in describing his early years in Albany, “Murphy delegates to the point of anarchy.”7
William Thorndike • The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success
Murphy’s first move was to elevate Burke to the role of president and chief operating officer. Theirs was an excellent partnership with a very clear division of labor: Burke was responsible for daily management of operations, and Murphy for acquisitions, capital allocation, and occasional interaction with Wall Street. As Burke told me, “Our relatio
... See moreWilliam Thorndike • The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success
We know that nothing can be perfectly hedged because it derives from profoundly incomprehensible uncertainty, and uncertainty on uncertainty, and uncertainty on that uncertainty, and so on.
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
Delphi Complete Works of Edmund Burke (Illustrated) (Delphi Series Seven Book 2)
amazon.com
Edmund Burke argued that a society should be seen as a: ‘partnership not only between those who are living, but between those who are living, those who are dead, and those who are to be born’ (Burke [1790] quoted in Beinhocker 2006: 454). Burke points to the interests of unborn members of a society and how they need a powerful ‘voice’ to counter so
... See moreJohn Urry • What is the Future?
Buy and Hedge: The 5 Iron Rules for Investing Over the Long Term (Minyanville Media)
amazon.com
