June 2009
48 posts
May 2009
39 posts
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Uncertainty is a feature, not a bug.
– Betaworks’ Andrew Weissman to me via GTalk in response to the backlash to Google Wave because they haven’t even suggested a monetization path for the product. If you embrace innovation, foster utility and value, and allow externalized innovation through open APIs and transparency, the...
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Pharoahe Monche - “Welcome to the Terrordome”. Cover of the Public Enemy joint. I cannot wait for his new album to come out.
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UberTwitter Beta Blackberry Twitter Client →
I just downloaded the latest version of UberTwitter and was astonished at how great it is compared to TwitterBerry whose only redeeming quality was being first. The open beta is free (unlike TwitterGenius which is $5), but it is jam packed with ez-wizard configurable features you’d expect in a serious mobile Twitter Client - GTalk status integration, ReTweet support, favoriting, search,...
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When moving, you can’t wrap your dishes in a blog.
– Stephen Colbert on the case for newspapers
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I stand by my remark … that it is silly to think that every single datum...
– Justice Antonin Scalia in response to Fordham Law Professor Joel R. Reidenberg who instructed his class to put together a 15 page dossier on Scalia using only publicly available information on the internet. Scalia’s recent comments on his own complete privacy being “silly” prompted...
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It's Not How Hard You Work: Only Results Matter
innonate:
“There is only one factor that matters. Results. That’s the difference between being an entrepreneur vs. being a rank-and-file employee is being rewarded for results (ownership) vs. being rewarded for punching the clock alone (a paycheck). Obsessive/addictive work habits can lead to results, but they don’t guarantee them - and under certain conditions, they inhibit them.”
— Greg...
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There’s a business model here. We can smell it.
– Betaworks’ John Borthwick speaking about the surge in URL shortner bit.ly usage in the NYT. I too have smelled the business model along with a winning strategy. The spirit of John’s quote speaks to the validity of discovery driven growth where you learn as you go via adaptive measures...
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It’s easy to grin, when your ship comes in,
And you’ve got the...
– Ted Knight as Judge Elihu Smails from Caddyshack
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Discovery Driven Growth : The Only Plan is to... →
This is a fantastic article detailing how businesses should embrace and use uncertainty to their advantage rather than becoming entrenched and inflexible in the face of inertia of their own creation. I specifically like the following quote with regards to reassesing the predictability and stability of one’s core business :
“… Stop, write down your most significant...
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Seth Klarman's "Margin of Safety" →
Seth A. Klarman - “Margin of Safety: Risk Averse Value Investing Strategies for the Thoughtful Investor” - 1991 HarpersBusiness
For those in the know, this out-of-print tome by the legedary value investor and founder of Baupost Capital, the 13th largest hedge fund in the world in 2009, is as enigmatic as it is coveted. Impossible to find, new copies of the book go for $1750 (used for...