Leverage is as much about where you are standing as how much force you are applying.
A great name communicates the most information in the most compressed way.
If you are building something, it is far more useful to focus on the work you are doing to produce the result than the result itself.
The constraint we apply to package our idea determines their reach & resonance. "Make 1 decision to eliminate 1,000 decisions."
To help understand this idea, consider the contrast between the two concepts ancient Greeks used to think about time.
It should be relatively simple to identify when we aren't accumulating net new experience, but in practice, it doesn't seem to be.
Language is an incredible tool. It makes it possible for us to externalize what we think and communicate it to others.
"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." - Warren Buffett
The extent to which anything keeps working after you stop working is how much time you earn from making it.
Our ability to specialize, design goods and services, and trade amongst ourselves is the driving force behind a macro trend of exponential increases in quality of life.
What we learn when we do something wrong doesn't just apply to the situation that taught us, it helps us build models for interpreting and responding to reality in general.
Over long periods of time, building and betting can both be positive-sum games.
