@Alfred_Lin Curious if you think the lessons are actually most applicable to public markets (or just generally investors with really long hold periods) or if there’s much for early stage VC investors to learn, especially given the 10yr horizon like you mentioned.
@bgurley Just finished in <48 hours, couldn’t put it down! I knew I’d love the bits about curiousity, but I think I’ll look back and the sections about peers and mentors will have the biggest impact. Thank you again!!!
@compound248 Not sure the controversy here. They have legitimate expenses to amortize. It’s the investors job at the IPO to look at cash and replacement cost to make a judgement on the rate of depreciation.
@blakeir In some ways many devs are probably already doing #2, even without the brain rot iDE. Whenever they’re waiting for an agent to finish they pick up their phone.
I've done this same thing. Each .md file I've asked to take a different personality (e.g. my "investing" .md file is Munger) and for them to respond as such. When I've spent most of my deep work investing time reading articles instead of doing diligence on companies, "Munger" will respond with some pithy criticism.
It does sound silly but it works, for me at least! Still trying to find the best personality for my writing agent, trying out Chesterton currently.
@mckaycoppins cmon @BasedMikeLee. Same thing happened when posts surfaced of you poking fun of the murder of melissa hortman and her husband. As someone who shares a lot in common with you (utahn, conservative, and member of the LDS church), this is embarrassing.