If quality of opportunity follows a power law, you should spend almost all your time searching.
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The problem there is a) I can’t tell accurately how good the idea is upfront b) skill development at execution is an input variable into the valuation of future opportunities c) unlike money time cannot be concentrated and deployed at scale.
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Very good points! I also don’t see any reason to accept the initial assertion, that quality of opportunity follows a power law. Why should we think it does? I would think it’s more like a limit, where initial effort (search) pays off a lot but with diminishing returns.
End of conversation
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Yep you said it better
End of conversation
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