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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Patrick Collison‏Verified account @patrickc 6 Jun 2019
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      Managers may not be overoptimistic, but they are overconfident. http://web.stanford.edu/~barreroj/BarreroJMP.pdf …pic.twitter.com/VmMEQXxGtM

      14 replies 45 retweets 232 likes
    2. Molson Hart‏ @Molson_Hart 6 Jun 2019
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      Replying to @patrickc

      You're the only founder-CEO I know who respects studies like this. Most seem to prefer anecdotes from friends/colleagues, books by practitioners, and their own experience. Not sure what to make of this, assuming I'm right.

      2 replies 0 retweets 3 likes
    3. Patrick Collison‏Verified account @patrickc 6 Jun 2019
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      Replying to @Molson_Hart

      All of those are very useful sources of knowledge and all have their own kinds of bias. For example, nearly every CEO will tell you that markets focus excessively on short-term results… but the data doesn't obviously support this: https://www.nber.org/papers/w23464.pdf ….

      2 replies 1 retweet 24 likes
    4. Molson Hart‏ @Molson_Hart 6 Jun 2019
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      Replying to @patrickc

      It's not that the data doesn't support it. It's that there's no good way of sussing out the truth from the limited data we do have. Why cite a NBER paper when you can source Bezos' famous 1997 letter? His 20+ years of subsequent success is stronger than any GARCH regression.pic.twitter.com/Hr689Jy5i2

      1 reply 0 retweets 1 like
      Molson Hart‏ @Molson_Hart 6 Jun 2019
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      Replying to @Molson_Hart @patrickc

      Agree with what you wrote, but...I dunno. I'll read High Output Management or Only the Paranoid Survive 100x before I read something written by some 34 year old econ. grad student.

      10:00 AM - 6 Jun 2019
      0 replies 0 retweets 0 likes

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