better doing

Why correlation usually ≠ causation

Do you ever read something that points out an obvious intuitive mistake you make repeatedly? Well, here we are… Causal Nets are an interesting explanation of why we see so much correlation in this world. | learn more

tech, startups, internet

The hundred year titan

Why are there no direct-to-consumer blockbuster films yet? “Long before the modern DTC era, movie studios did control the product from production to the theater house. This changed in 1948.” The Supreme Court decision that led studios to divest their […]

tech, startups, internet

Why finance is such a hard industry for startups

Patrick McKenzie, the author of How Discount Brokerages Make Money, has 100 insightful thoughts on financial services. “Geeks underestimate technical sophistication of the financial industry by a scandalous amount, largely because most of it happens below the waterline and not in […]

fun facts

Largest corporate profits and losses

I read somewhere that AOL Time Warner had the largest ever corporate loss of $100 Billion in a year in 2002. This is a complete list of largest profits and losses both annual and quarterly. In 2008, one company lost […]

on the blockchain

Crypto theses for 2020

From Ryan Selkis (TBI), the publisher of the original list from 2017. If you’ve lost touch and want to catch up on crypto efficiently, this will do the trick. “Consider this Messari’s research foundation for the next decade. 120 people, […]

big ideas

What you can’t say

This is an incredible essay by Paul Graham. “It seems to be a constant throughout history: In every period, people believed things that were just ridiculous, and believed them so strongly that you would have gotten in terrible trouble for […]