.@natfriedman: "I just fundamentally don't believe the world is efficient" https://t.co/M2mIH8ggbc
.@natfriedman: "I just fundamentally don't believe the world is efficient" https://t.co/M2mIH8ggbc
"The company might develop the same computer program six times. But, the advantages of local autonomy are so great, we think it’s worth it.” Any of you who have worked in a modern corporation know how unusual this mentality is. Who would allow the same company to develop the same software six times? Why not increase knowledge sharing and syner... See more
Shane Parrish • Culture Eats Strategy: Nucor’s Ken Iverson on Building a Different Kind of Company
If right now you think I’m a horrible, marauding, free-market monster, you’re only half-right—I’m also a humanist who thinks there are better things for our children to do with their time. The quicker we eliminate the low-paying, repetitive, and menial jobs, the quicker our species can get to work on bigger issues like sustainability, being multipl
... See moreJason Calacanis • Angel: How to Invest in Technology Startups—Timeless Advice from an Angel Investor Who Turned $100,000 into $100,000,000
Entrepreneurs in the expertise business — when faced with a money problem — just make more money rather than looking for efficiencies. Entrepreneurial experts are notoriously terrible at efficiency and cost control.