venturing.in

What is working poorly is usually either uncorrectable or 10 times harder to correct than you may think.

– Charlie Munger

The purest form of disruption is when an incumbent invests in its own demise because their business model leaves them no choice.

– Ben Thompson

I have always understood that the world changes a lot. Just because you’re doing well now doesn’t mean you should be set in your ways. It’s my habit that I am very careful with my cash flow. That I means I have the extra capital to get into another industry whenever I want to. Cash flow is the most important thing. I have this principle: in the development phase, don’t forget about stability. When there’s stability, don’t forget about development. Such a balance is very important.

– Li Ka-Shing

Having a scientific understanding of the world is fundamentally about how you judge which information to trust.

– Atul Gawande