Books as information tool and lifestyle are complex.
“Displayed books gesture forward and backward to acts of reading and rereading; of purchasing, posing, moving, and unpacking; of passing time and dropping into its folds.”
Original source: The Book Is a Time Machine
“In other words, workers end up in jobs where they are less productive than they might be. Too many individuals who should be workers become entrepreneurs or are self-employed. Efficient businesses are taxed and penalised, while subsidies help sustain unproductive ones. Joseph Schumpeter’s notion of “creative destruction”, in which capitalist competition drives out weaker firms and rewards stronger ones, is paralleled in Mexico by “destructive creation”, quips Mr Levy, in which the environment favours the entry and survival of weak businesses that hinder the growth of stronger ones.”
I don’t understand any of the economic jibber-jabber in there, but I like a food “big systems and complicated” story.
Original source: Why Mexico has not become more prosperous—and how it could
“This marks IBM’s third consecutive quarter of revenue growth, following five years of year-over-year revenue declines. In the quarter revenue rose 4 percent.”
Original source: IBM earnings Q2 2018
‘About that same time, Quest was getting acquired by Dell. And then Vinny calls up one day. He was starting a venture capital company and asked if I would like to get involved. He owned 30 or 40 percent of Quest, so he made a huge fortune. I’m like “Well, Vinny, that sounds really interesting, but I’ve just decided to start this company Codenvy. We’re really excited about it. We’re gonna go build this Cloud IDE.” And he says, “Great. Come on board as a partner. Manage our dev ops investments, and we’ll make Codenvy one of our investments as well.”
‘And so sure enough, he launches Toba Capital, and he buys back all the investments from Dell. So all the investments that Quest had, Dell didn’t have an investment arm. And so there’s a dozen or so out there, WSO2 and Sauce Labs and a couple others. And he just buys ’em back. And then he starts investing more into these companies. And at that point in time started investing more aggressively in WSO2, and I joined its board. And Toba eventually increased its position over time pretty significantly. And I was involved in about four or five different boards on these dev ops companies while I was running Codenvy from 2012 to 2017.’
Original source: WSO2 CEO Tyler Jewell: Ballerina and the End of Middleware
“The rule of thumb is that there should be at least a 20 percent discount. That’s the number people think is a really good deal.”
Original source: What makes a good deal?
“Taking criticism is the search for actionable feedback.” Related: curiosity is a good shield against the world crushing your self-confidence.
Original source: How to take, and benefit from criticism
If you’re poor in options in the present, you’re less likely to wait for long term profits.
“Following this logic, multiple studies over the years have confirmed that people living in poverty or who experience chaotic futures tend to prefer the sure thing now over waiting for a larger reward that might never come.”
Original source: Try to Resist Misinterpreting the Marshmallow Test