Noteworthy Nonsense
Notes on Communication, Decision-Making and Business & Investing
Jeff Bezos’s 2016 Letter to Shareholders: A Skeptical View of Proxies
In business, proxies are numbers, figures, charts or processes that decision-makers often rely on to quickly get a feel for current and future performance. Proxies are a 50,000 foot view of a given situation, and they’re typically easy to generate which is part of the value.
Jeff Bezos’s 2016 Letter to Shareholders: It’s Always Day 1
“Day 2 is stasis. Followed by irrelevance. Followed by excruciating, painful decline. Followed by death. And that is why it is always Day 1.”
90 Years Young and Crushin’ It
Tom Rice: at 97, the WWII veteran parachuted into France (his second time) for the 75th anniversary of D-Day.
Peter Thiel Interview: US Stagnation in Science
In the US, medicine, travel, space technology, and nuclear have really underperformed since the 1960s, according to Peter Thiel.
14 Ways to Become More Successful
“We should just study successful people more. Like how’d they do this?…And there’s a very superficial version of that in the media all the time. But like actually trying to figure out how they did it. To me it’s one of the most interesting topics.”
Jason Zweig & Peter Bernstein Conversation: Why Companies Pay Dividends
Why would companies bother paying some cash (dividends) to shareholders when they could just reinvest all cash back into the business?
Jason Zweig & Peter Bernstein: Avoiding Financial Ruin and Diversification
“Don’t be like Mike, who drowned in a river that averaged a mere 18 inches deep”.