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8. First order irrational, second order rational (h/t Chris Paik)
Talia Goldberg • Distribution and conversion models for consumer startups
It took only a couple of weeks of working for Sam before Caroline Ellison called her mother and sobbed into the phone that she’d just made the biggest mistake of her life. She’d first met Sam at Jane Street, in the summer before her senior year at Stanford, after he’d been assigned to teach her class of interns how to trade. “I was kind of, like, t
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Hollis Robbins: Most people focus on the vast reserves of content now available online, but few people ask: “Is this a good teacher?”