Saved by Sam Blumenthal
Signal Leverage
What kinds of actions did that mean when you were at eBay operating to try to promote price discovery or price equilibrium or something like that? What were you literally doing? Jeff: The most interesting thing is early on we try all these initiatives that we baked on our own and debuted the community. And we found out the leverage was way more to ... See more
Invest like the Best • Building & Investing in Marketplaces
Legendary Investor Bill Gurley on Investing Rules, Finding Outliers, Insights from Jeff Bezos and Howard Marks, Must-Read Books, Creating True Competitive Advantages, Open-Source Strategies, Adapting Mental Models to New Realities, and More (#651) - The Blog of Author Tim Ferriss
tim.blogMaking Sense of the Market
joincolossus.comSecond is an aggregation mechanism, a way to bring that information into one place. Double-auction markets, where buyers bid a price and sellers offer a price, are extraordinarily good at this function. The final condition is properly functioning incentives—rewards for being right and penalties for being wrong. For the stock market, this is measure
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