Here’s an argument you hear a lot: the gigantic cash burn rates at the likes of Tesla and Uber are nothing new, because today’s established tech greats also churned through tons of cash in their early years. In fact, we keep hearing from champions of these glamor stocks on business TV shows and pundits’ blogs…
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As you know I tend to collect junk mail that I am randomly sent – I am always interested in what people have to say about various bits and pieces. I am particularly interested in the material sent out by professional money managers. It must be difficult to justify taking money off people when you…
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As you know I am a believer in luck being a powerful driver in the trajectory of one’s life. Matters out of your control such as which vagina you get shot out of and what colour you come out dictate the opportunities presented to you. Granted there are exceptional individuals who defy the odds presented…
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Changing our behavior is a self-engineering challenge with few equals. I’m talking about long-term, sustained change, not short-run bursts that sputter out before real change happens. Whether the change involves diet, exercise, habits, dependencies, or anything else, changing behavior is one of the hardest things any of us will ever try to do. This is a…
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Every organization, whether small or big, early or late stage — and every individual, whether for themselves or others — makes countless decisions every day, under conditions of uncertainty. The question is, are we allowing that uncertainty to bubble to the surface, and if so, how much and when? Where does consensus, transparency, forecasting, backcasting,…
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I once ended up at a Boy Scout ceremony in the northeast United States, where I inhaled the American spirit unfiltered. The boys’ uniforms had Stars-and-Stripes patches sewn on next to their badges. We recited the Pledge of Allegiance in front of an oversize US flag, and we prayed to America’s vague God, giving thanks…
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