2021 Q1
Some mental models reviewed this quarter.
Only the paranoid survive
https://archive.fortune.com/magazines/fortune/fortune_archive/1996/07/08/214331/index.htmWhy over the years have we been having all these meetings about PDAs and set-top boxes?
Because we can afford to...Also, because we can't afford not to."
https://pirque.s3.amazonaws.com/images/Intel's+Manufacturing+Timeline.jpeg
https://technation.io/report2021/
Surviving without paranoia
Transaction on acquisition of publishing rights of masterpieces:
https://www.wsj.com/articles/news-corp-nears-deal-to-buy-houghton-mifflin-harcourt-s-consumer-publishing-arm-11616970992
https://www.businessinsider.com/merck-stock-value-nile-rodgers-rights-music-taylor-swift-2021-2
https://www.washingtonpost.com/world/asia_pacific/new-zealand-rugby-super-league/2021/04/29/40d1c81c-a891-11eb-a8a7-5f45ddcdf364_story.html
...and sometimes it means war...
https://time.com/5949979/why-taylor-swift-is-rerecording-old-albums/
...with an undefeated champ.
https://www.thewrap.com/apple-bows-to-taylor-swift-reverses-payment-policy-on-music-royalties/
Innovation in *some* public companies is underpriced
Carlota, always.
https://avc.com/2020/12/what-happened-in-2020But here is the thing about speculative frenzies – they are generally directionally correct but off in their order of magnitude.
And they finance the trend that they are directionally correct about.