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Implication: when reading news, apply this filter. 2nd order implication: developing trends/tech won’t be covered well by the news. 3rd order implication: read books. The longer the time between event and writing of book, the better.
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From an episode of the @a16z podcast, though I can’t remember which number exactly: “There are only two kinds of stories that newspapers tell. The first is ‘Oh the glory of it all!’ and the second is ‘Oh the shame of it all!’”
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