When any new form comes into the foreground of things, we naturally look at it through the old stereos. We can’t help that. This is normal…We’re just trying to fit the old things into the new form, instead of asking what is the new form going to do to all the assumptions we had before.
Monthly archives of “October 2020”
Parallel Storylines, Multiple Narratives
Real history is the story of lots of things happening at the same time.
Growth Investing And Value Investing Are Interconnected
In our opinion, the two approaches – growth and value – are joined at the hip. Growth is always a component in the calculation of value, constituting a variable whose importance can range from negligible to enormous and whose impact can be negative as well as positive.
Tesler’s Law Of The Conservation Of Complexity
The total complexity of a system is a constant. If you make a user’s interaction with a system simpler, the complexity behind the scenes increases. With technology, simplifications at the level of usage invariably result in added complexity of the underlying mechanism.
Nothing is lost, nothing is created, everything is transformed.