Matt Levine wrote this sentence but it rhymes heavily with a very pg thought: > The basic reason to work in finance is that, traditionally, it was the industry where you could get the most leverage on being smart.https://www.bloomberg.com/opinion/articles/2020-01-13/the-robots-will-take-your-bonus …
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(The classic articulation of that thought was in this essay, although I'll pg wrote / spoke / etc about it in many other places, too. http://www.paulgraham.com/wealth.html )
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Incidentally, I think I read this for the first time in something like 2009, and it might have been the most important two sentences I read in my life. (You can reasonably assume my goal wasn't "getting rich" per se but it generalizes to a lot of goals.)pic.twitter.com/3vGU2OcvZU
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That was essentially the internal design brief for my consultancy: "In scope: anything I can licitly do which acts as a multiplier on a firm's revenue line or enterprise value. Out of scope: everything else." (Ended up with the "For B2B SaaS companies" later.)
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Replying to @patio11
How did you deal with performance improvements that weren't always immediately perceivable?
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The true answer was "Virtually infinite number of gigs in the world but finite ability to deliver them sooooo maybe let other people specialize in delivering the ones that don't make economic sense for me to offer."
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Replying to @patio11
Any ideas on how to identify the projects that make economic sense?
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