This Time Is Different
Callum Roberts, author and marine conservation biologist, describes shifting baselines as: …intergenerational changes in how we perceive our world. Each generation sets its mental benchmark of normality by how the world looked when first encountered, often in youth, and sees cha…
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An increasingly prevalent model for growth, especially in the tech / startup world, is: Spend (and lose) a lot of money to buy users Monopolize the mar…
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The Hang Seng Tech index in Hong Kong has declined 40% in the past six months. This is greater than the S&P 500 drawdown of 32% in March 2020, when fea…
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Cash and "market timing"
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Taking another look at Yelp
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The endowment effect, commitment bias and a brief example
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More thoughts on #neversell and the market
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Common sense or speculation?
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This Time Is Different


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