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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. David Orr‏ @orrdavid Feb 23
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      Replying to @Molson_Hart

      I haven't played in a couple years. It's hard to enjoy after playing ~10 million hands over 15 years.

      1 reply 0 retweets 0 likes
    2. Molson Hart‏ @Molson_Hart Feb 23
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      Replying to @orrdavid

      I used to play a lottttt of chess, so I know what you mean

      1 reply 0 retweets 1 like
    3. David Orr‏ @orrdavid Feb 23
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      Replying to @Molson_Hart

      At some point you're just learning these obscure, tiny edges that only other top players are thinking about. And since I didn't want to play against them there's really nothing to learn. At that point it's just a pure grind.

      1 reply 0 retweets 0 likes
    4. Molson Hart‏ @Molson_Hart Feb 23
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      Replying to @orrdavid

      Word. Trading time for money, not compounding knowledge like investing.

      1 reply 0 retweets 1 like
    5. David Orr‏ @orrdavid Feb 23
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      Replying to @Molson_Hart

      I doubt investing ever gets boring. It's super interesting and fun learning about new things all the time. And it compounds like you say. Know enough about oil and you notice details other people don't, for example. Is ecommerce like that still?

      1 reply 0 retweets 1 like
    6. Molson Hart‏ @Molson_Hart Feb 23
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      Replying to @orrdavid

      Being a business operator is, but e-commerce is a lot like you described high-level poker had become, a lot of grinding with learning concentrated in esoteric specialization. This hack to improve search ranking on Amazon. This new FedEx program, etc.

      1 reply 0 retweets 1 like
    7. Molson Hart‏ @Molson_Hart Feb 23
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      Replying to @Molson_Hart @orrdavid

      Also, like online poker over the past decade, e-com is getting squeezed!

      1 reply 0 retweets 1 like
    8. David Orr‏ @orrdavid Feb 23
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      Replying to @Molson_Hart

      I considered getting into that but picked investing because I anticipated those problems. Plus, when I started with investing I could just do it 14 hours a day and it didn't even feel like work. Making games on Unity was the other candidate, another biz that scales.

      1 reply 0 retweets 0 likes
    9. Molson Hart‏ @Molson_Hart Feb 23
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      Replying to @orrdavid

      When'd you make the jump from poker to investing?

      1 reply 0 retweets 0 likes
    10. David Orr‏ @orrdavid Feb 23
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      Replying to @Molson_Hart

      Poker partnership ended in Aug 2016. Wow a long time ago. We quit because games were tougher with game theory bots. I played a little for a while after that but it was very boring alone. I began seriously studying the markets in 2017 and individual companies in April 2018.

      1 reply 0 retweets 0 likes
      Molson Hart‏ @Molson_Hart Feb 23
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      Replying to @orrdavid

      Good time to get into ecom too though.

      7:57 PM - 23 Feb 2020
      • 1 Like
      • David Orr
      1 reply 0 retweets 1 like
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        2. David Orr‏ @orrdavid Feb 23
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          Replying to @Molson_Hart

          One of my partners did that, and I knew guys that would teach me. There are lots of these guys in Thailand. I looked at it briefly but couldn't understand it. Interestingly, I think I'd get it a lot better after studying successful companies though.

          1 reply 0 retweets 0 likes
        3. Molson Hart‏ @Molson_Hart Feb 23
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          Replying to @orrdavid

          I know a bunch of guys in ecom in chiang mai

          1 reply 0 retweets 1 like
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