Noteworthy Nonsense
Notes on Communication, Decision-Making and Business & Investing
Jeff Bezos’s 2016 Letter to Shareholders: Eagerly Embrace External Trends
History tells the tale of countless companies that strut their hour on the stage and are heard from no more. For example, out of the Fortune 500 list from 1955, detailing America’s largest companies, 50 remain on the list in 2020—unwelcome news for Day 2 skeptics. What to do?
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.