I had a friend in college that I used to get in big debates with about all sorts of topics, mostly religion, economics, and evolution.

He was religious, had studied Austrian economics, and doubtful of natual selection.

I was on the opposite side of nearly all those issues.
We had very different view points but it was really rewarding to talk with him because, though I disagreed with him, his opinions were well thought out.

If anything, it was frustrating because I wanted to “prove” I was right and never could.
We are still friends and it’s been interesting that over time, our views have somewhat converged or at least grown more nuanced and moderate.

I appreciate the role of religion more and have a deeper appreciation for the Austrian school.
I think he has been convinced regarding evolution and his Austrian views have somewhat softened.
In general, I think a good sign of someone that is thoughtful and earnest about trying to come to good conclusions is that there views tend to become more moderate and nuanced over time.

One of my most fundamental beliefs is that reality is a complicated and messy place.

So no matter what ideology you start from, it should probably get more complex and nuanced over time rather than simpler.

taylorpearson.me/overconfidence…

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More from @TaylorPearsonMe

12 Apr
1/ One lesson I learned from sports is that the best way to be good at a thing is to do a lot of that specific thing.

This seems very obvious but often people don't do it.
2/ In the case of sports, lifting weights and being in good shape can help you be good at basketball, but the person who is less in shape but plays a lot of basketball will be better.
3/ I went to high school with a few people that went on to play D1 sports (one went pro) and none of them really spent a lot of time in the weight room, but they practiced their sport a ton.
Read 6 tweets
30 Mar
1/ Perhaps the most important factor in deciding whether to build custom software or use a 3rd party provider is the cost of the "tech debt" on your company's balance sheet.
2/ Most people don't think about it this way, but when you build custom software, you are effectively buying a rapidly depreciating asset that's going to have to constantly be repaired.
3/ At the margin, it's almost always better to use a 3rd party software that's not quite as customized as you like b/c what you lose in personalization is more than compensated for by moving the tech debt onto someone else's balance sheet.
Read 7 tweets
29 Mar
Feels like an appropriate time to re-share this classic in which @mtaibbi refers to Goldman as:

"a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money"

rollingstone.com/politics/polit…
one of the best lines to ever appear in print IMHO
Also, the Margin Call speech is perfect

"There are 3 ways to make a living in this business: be first; be smarter; or cheat. Now, I don't cheat. And although I like to think we have some pretty smart people in this building, it sure is a hell of a lot easier to just be first"
Read 4 tweets
23 Mar
Here's an example of how crazy the platform risk for FBA sellers is: I know someone with an Amazon FBA Seller Account that has ~50 products.

A supplier of one input into one product issued a recall for a totally separate input that did not ever touch this Amazone Seller
Amazon not only delisted this product for sale, but delisted EVERY product in the Seller's account.

Probably the most valuable part of an Amazon account is the SEO of their listings - if you rank number 1 for "protein powder" that is worth a lot.
A key input to Amazon's rankings is trailing sales volume.

So if you have a product delisted, it immediately starts to lose it's ranking because it's sales volume goes to zero.
Read 14 tweets
19 Mar
1/ I remember going to an unconference/hackathon in Vietnam and there was this moment where I realized all these 18-22-year-old Vietnamese students were smarter, hungrier, and harder working than almost anyone I knew in college.
2/ I like to think I was never particularly entitled, but to the extent that I was, meeting those people really woke me up.

It also showed me how many advantages I had to build on.
3/ It's really hard to overstate how important the "ovarian lottery" is and the extent to which that "luck" impacts your life trajectory.
Read 4 tweets
14 Mar
Been going back through the Boyd/Guerilla/Blitzkrieg stuff lately and it's so obvious to me that the way in which companies function is going to be completely remodeled in that vein.

So obviously the future.

FEW UNDERSTAND THIS
I think the shift will happen as companies go more distributed, naturally lends itself to a guerilla structure with "multiple unsupported centers of gravity" as Boyd called them.
I think all of the hard tech is there, it's just a matter of re-engineering what is leftover of Taylorism.

The Toyota Production System/Theory of Constraints probably the most promising angle right now
Read 4 tweets

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