Business+

Looking back at the companies I’ve been most interested to invest in, I’ve found a pattern where I subconsciously favour businesses that are holding companies or have multiple, independent lines of business. In a business with multiple operating enterprises, I instantly feel that these are safer organizations because their structure can act as a hedge…

Telegraphs

One of the most important heuristics (and possibly mental model) that I’ve been learning to apply when looking for great investments (in product and business) is how the management telegraphs and frames their position and/or product. Peter Thiel’s series of lectures-turned bestseller, Zero to One, talks about how companies telegraph their competitive position based on…

Near-Death Experiences

“What doesn’t kill you makes you stronger.” Friedrich Nietzsche “And if at first you don’t succeed,Dust yourself off and try again,You can dust it off and try again.” Try Again by Aaliyah featuring Timbaland Another useful mental model that I’ve put into my investing toolbox, is looking for products/businesses that have survived near-death experiences. I…

All Together But Not Quite

A few things I’ve learned through the near half-decade of reading on great investing minds like Warren Buffett and Charlie Munger but also the ecosystem of commentary on the entrepreneurship business. These are random thoughts and the mostly unreality but who know they likely are. After all it’s all a fractal. Doing One Thing Well…

Pareto in Product

I first learned about Pareto’s Principle in my Industrial Engineering class — not sure which one. I’ve since seen it used in many different contexts and analogies as a basis for this and that. To be honest, I cannot remember one where it’s been used accurately or at a depth where I thought it really…