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Andrew Conner Retweeted
This post has the most convincing argument I’ve come across for why writing well is important. It inspired me to start a regular writing practice this year, for now in the form of private journaling, and maybe semi-public writing later. https://paulromer.net/clear-writing-produces-clearer-thoughts/ …pic.twitter.com/26hJpXRmxN
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For large civil cases, it's possible to align incentives such that experts and similar companies participate. Jury selection could work similarly, with companies being selected (and then, possibly, challenged incl. for cause). Judges moderate selection as they do now.
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But for BigCo v BigCo, litigating Super Complex Topic With Significant Implications (ex: Google v Oracle), it breaks. Idea: Assemble a group of - citizens, protecting the common person - domain experts, understanding the tech - similar companies, advocating for market impact
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For criminal cases, selection of jury of peers has flaws (consider peremptory challenges, Flowers v. Mississippi), but is our attempt to hold citizens to standards set by other citizens. It's an intentional feature of our adversarial legal system.
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re: Caltech v Broadcom/Apple: Claim: Complexity has outpaced juries' ability to understand subtleties with deep tech. Even if they take their civic duty seriously, the right outcome may only happen by chance. What does "jury of peers" look like in 21st century?
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If you live near me (Sunnyvale), hit me up for free Kalamata olives. I made a wonderful life decision of buying 10kg, not including brine weight, from a baking distributor, and the only failure mode is not getting through them.pic.twitter.com/9NlZSKnlNW
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This is how you intentionally build great companies, for whatever definition of "great" you want. Goes back to E-Myth: you have to design what your business does, as well as the *company* itself. Recommended read if you haven't. https://smile.amazon.com/dp/0887307280 https://twitter.com/hunterwalk/status/1220387316776103936 …
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Highly recommend http://leavemealone.app for wrangling email subscriptions.
@LeaveMeAloneApp Group by how often you get emailed, one click unsubscribe.pic.twitter.com/yrShhzkW7v
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Andrew Conner Retweeted
Related to
@patio11 earlier thread about how software companies will be owned by software people. “I didn’t even know that individuals could put in that much money,” she says of their multi-million-dollar checks”https://twitter.com/collinmathilde/status/1220020927255080960 …Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
Example: We want people to have equal access to higher-ed, so solution: we subsidize student debt, fix lower underwriting standards by make not dischargeable in bankruptcy. Yet, disconnecting market forces means costs still ↑ and we have a generation burdened with massive debt
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First-order thinking breaks, when we go straight to solutions. But we need to understand how it is *now*, first. Example: w.r.t. PE LBOs running companies into the ground it's hard to say if it's working as designed or not without understanding alternatives
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Then it becomes a lot easier to talk about UBI, healthcare changes, farm incentives, tax changes, student debt solutions, etc. How can we make sense of things without understanding them? People are hungry for the tools to enable better sensemaking.
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Every policy has winners and losers. Answer these things: 1. Here's how it is now. 2. Some people it's broken because X. Others think it's not broken because Y. 3. Here's the proposal. Here's who benefits, who doesn't, and externalities to be mindful of.
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Going through
@ewarren's policy proposals, spent 20 minutes with my wife going over Private Equity (incentives, goals, etc), LBOs, carry (+ tax loophole), etc. Who's doing this for every major national policy position? Not politicized, clear explanations. Here's what I want:
pic.twitter.com/9e0qNx3KSw
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Andrew Conner Retweeted
Across every segment of investing... The more relationships matter, the greater the market inefficiency. The more skill, reputation, and stories matters, the higher the dispersion of outcomes and the more important manager selection becomes. The fertile soil for outperformance.
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An aspect of early stage companies that I don't hear a lot about: texture. Your days go lower. And higher. To get to the big win or loss, you went through 1000 wins or losses along the way. There's a sense of richness it develops that isn't captured by expected value.
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Oo, didn't think of looking at sleep (thanks @Rinnebach1 for the reminder). Deep sleep was nuts! Significantly longer than usual. Subjectively, didn't feel great. But big physiological difference.pic.twitter.com/rqEnP9aqct
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And they likely don't care about your resume document.https://twitter.com/roncaruthers/status/1218219104831598592 …
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"Chronic diseases often progress slowly over a long period of time. Whereas some medical diagnoses are currently based on predefined thresholds ... these diseases may be viewed as a continuum, rather than as a dichotomic state" https://www.nature.com/articles/s41591-019-0727-5.pdf …
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