The cowards never started, the weak died along the way — that leaves us.
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Fitting Old Things Into The New Form
When any new form comes into the foreground of things, we naturally look at it through the old stereos. We can’t help that. This is normal…We’re just trying to fit the old things into the new form, instead of asking what is the new form going to do to all the assumptions we had before.
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Parallel Storylines, Multiple Narratives
Real history is the story of lots of things happening at the same time.
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Growth Investing And Value Investing Are Interconnected
In our opinion, the two approaches – growth and value – are joined at the hip. Growth is always a component in the calculation of value, constituting a variable whose importance can range from negligible to enormous and whose impact can be negative as well as positive.
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Tesler’s Law Of The Conservation Of Complexity
The total complexity of a system is a constant. If you make a user’s interaction with a system simpler, the complexity behind the scenes increases. With technology, simplifications at the level of usage invariably result in added complexity of the underlying mechanism.
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Radical Progress Begins With Moderation
It is a paradox of our time that the path to radical progress begins with moderation. Extreme optimism and fatalistic pessimism may seem to be stark opposites, but they both end in apathy. If things were sure to improve or bound to collapse, then our actions would not matter one way or the other.
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Taking Acceptable Risks
I have found that the days that I see now as wasted days of my life were those when I didn’t take an acceptable risk that I could have conceivably taken, when I didn’t ask myself if there was a new and different way to do what I was doing, when I didn’t set my sights as high as I possibly could have.
