Ngoc Khong

@ngoc_khong

01

Ho Chi Minh, Vietnam
Vrijeme pridruživanja: prosinac 2009.

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  1. Prikvačeni tweet
    15. pro 2019.

    The top idea in your mind - Paul Graham

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  2. 24. sij

    Happy Vietnamese Tet Holiday - Happy Lunar New Year!

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  3. proslijedio/la je Tweet

    I cannot teach somebody to drive by explaining driving to him He must drive

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  4. 16. sij
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  5. proslijedio/la je Tweet
    15. sij

    This from ’s book has been stuck in my mind for a week👇 A startup’s comparative advantage is speed. But lack of trust creates massive friction. So startups virtually eliminate their edge if they don't build trust—with customers/each other—into their DNA from day one.

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  6. 12. sij
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  7. proslijedio/la je Tweet

    Since Aaron is gone, it's up to the rest of us to embody his principles. Be curious and kind. Help others. "What is the most important thing you could be working on in the world right now? and if you're not working on that, why aren't you?" RIP, Aaron. Our work is never over.

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  8. 10. sij

    how to fix broken trust in relationships and in a working team? * 1st case: when you consider giving a second chance to a friend. * 2nd case: when you need to fix broken trust between two team members.

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  9. 8. sij
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  10. 8. sij

    Maybe it’s just me but I’ve been feeling smarter using Twitter than when using Facebook 😮

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  11. 6. sij
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  12. 6. sij

    ok so i have posted many quotes today, all from this article by Naval - so much wisdom there

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  13. 6. sij

    Schelling Point (a game theory concept made famous by Thomas Schelling): People who can’t communicate can cooperate by anticipating the other person’s actions. Use social norms to cooperate when you can’t communicate -- Naval

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  14. 6. sij

    Kelly criterion: "Don’t bet everything on one big gamble." "What is true for 100 people on average isn’t the same as one person averaging that same thing 100 times." -- Nassim Taleb

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  15. 6. sij

    "Another example of a heuristic that helps you route around the principal-agent problem is to deal with the smallest firms possible." --Nadal

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  16. 6. sij

    "if you’re an agent (employee)—then your most important job is to think like a principal. The more you can think like a principal, the better off you’re going to be long-term. Train yourself how to think like a principal, and eventually you will become a principal."--Nadal

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  17. 6. sij

    "You have to get the incentives right to get people to behave correctly. It’s a very difficult problem because people aren’t coin-operated. The good ones are not just looking for money—they’re also looking for things like status and meaning in what they do." -- Naval

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  18. 6. sij

    “Show me the incentive and I will show you the outcome.” “I think I've been in the top 5 per cent of my age cohort all my life in understanding the power of incentives, and all my life I've underestimated it.” -- Charlie Munger

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  19. 6. sij

    The principal-agent problem: “If you want it done, Go. If not, Send.” (Napoleon or Julius Caesar?) "If you want to do something right, do it yourself; because other people just don’t care enough." -- Naval

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  20. 6. sij

    "You have to reject most advice but you have to listen to and read enough of it to know what to reject and what to accept." "They have their own internal model of how to apply things to their situation and they do not hesitate to discard information." --Naval

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  21. 6. sij

    "In a model, the more estimated variables you have, the greater the error in the model. So, just adding more and more complexity to your decision making process actually gets you a worse answer. You’re better off just picking the single biggest thing or two." --Naval

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