As an investor, when you see a dominant market power emerge, you should start asking yourself “what will undo that market power?” And you should start investing in that.
Category: Notes
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Undoing Market Power
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Thinking Big, Doing Small
Entrepreneurship is the intersection of thinking big and doing small.
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Information Replicated Over Time
Knowledge is the information that we as humans choose to replicate over time.
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History Rarely Yields To One Person
History rarely yields to one person. But think and never forget what happens when it does.
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Unevenly Distributed Future
The future is already here—it’s just not very evenly distributed.
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The Customer’s Shoes
We put ourselves in the customer’s shoes and say, what do we want?
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Becoming A Leader
I do not yet know of a man who became a leader as a result of having undergone a leadership course.
– Lee Kuan Yew
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Making The Existing Model Obsolete
You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.