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Bits about Money
Demystifying financial leverage Leverage is actually reasonably easy to understand, both in the math and in the implications for...
over a year ago
32
over a year ago
Leverage is actually reasonably easy to understand, both in the math and in the implications for financial firms.
Commoncog
Process Improvement is Trickier Than You Think Most companies skimp on process improvement. But the surprising thing is that they do so not because...
over a year ago
103
over a year ago
Most companies skimp on process improvement. But the surprising thing is that they do so not because they're bad or lazy — but because there are system dynamics that prevent them from doing so. We take a look at what those are.
Farnam Street
Lessons on Leadership: Michael Abrashoff on Turning the Worst Ship in the Navy into the Best Michael Abrashoff was in his mid-thirties when he took command of the USS Benfold, a guided missile...
over a year ago
110
over a year ago
Michael Abrashoff was in his mid-thirties when he took command of the USS Benfold, a guided missile destroyer and one of the worst-performing ships in the navy. Despite her potency, the “dysfunctional ship had a sullen crew that resented being there and could not wait to get out...
Commoncog
Focus Is Saying No To Good Ideas Several stories about one of the hardest maxims to put to practice in business.
over a year ago
Bits about Money
Markets in power How physics and infrastructure combine to generate (ba dum bum) the power market.
over a year ago
Commoncog
Focus on the Cases Professor Rand Spiro on why (and how!) business cases are more important to learn from than...
over a year ago
93
over a year ago
Professor Rand Spiro on why (and how!) business cases are more important to learn from than synthesised business concepts.
Farnam Street
Let Go of the Learning Baggage We all want to learn better. That means retaining information, processing it, being able to use it...
over a year ago
85
over a year ago
We all want to learn better. That means retaining information, processing it, being able to use it when needed. More knowledge means better instincts; better insights into opportunities for both you and your organization. You will ultimately produce better work if you give...
Commoncog
Dancing Landscapes in Business Cognitive Flexibility Theory creator Rand Spiro on what complexity theory has to say about the...
over a year ago
105
over a year ago
Cognitive Flexibility Theory creator Rand Spiro on what complexity theory has to say about the wickedness of business.
Farnam Street
Language: Why We Hear More Than Words It’s a classic complaint in relationships, especially romantic ones: “She said she was okay with me...
over a year ago
101
over a year ago
It’s a classic complaint in relationships, especially romantic ones: “She said she was okay with me forgetting her birthday! Then why is she throwing dishes in the kitchen? Are the two things related? I wish I had a translator for my spouse. What is going on?” The answer: Extreme...
Commoncog
Cultural Advantage is Counter Positioning Competitive advantages in business that come from cultural differences tend to be...
over a year ago
97
over a year ago
Competitive advantages in business that come from cultural differences tend to be counter-positioning, not process power. Why this is surprising, and why it matters.
Farnam Street
Learning Through Play Play is an essential way of learning about the world. Doing things we enjoy without a goal in mind...
over a year ago
100
over a year ago
Play is an essential way of learning about the world. Doing things we enjoy without a goal in mind leads us to find new information, better understand our own capabilities, and find unexpected beauty around us. Arithmetic is one example of an area we can explore through play....
Commoncog
Putting Amazon’s PR/FAQ to Practice What it's like putting Amazon's famed Working Backwards process to practice in a small company...
over a year ago
103
over a year ago
What it's like putting Amazon's famed Working Backwards process to practice in a small company context, and what was surprising and difficult about it.
Farnam Street
Chesterton’s Fence: A Lesson in Second Order Thinking A core component of making great decisions is understanding the rationale behind previous decisions....
over a year ago
92
over a year ago
A core component of making great decisions is understanding the rationale behind previous decisions. If we don’t understand how we got “here,” we run the risk of making things much worse. *** When we seek to intervene in any system created by someone, it’s not enough to view...
Commoncog
Announcing the Commoncog Case Library Public Beta We're testing a cognitive flexibility theory-driven learning library, designed to accelerate...
over a year ago
83
over a year ago
We're testing a cognitive flexibility theory-driven learning library, designed to accelerate business expertise. Find out more.
Farnam Street
Tit For Tat Tit for tat is a strategy which, according to game theory, is the most effective choice for iterated...
over a year ago
85
over a year ago
Tit for tat is a strategy which, according to game theory, is the most effective choice for iterated games based on mutual cooperation or defection. Both players benefit if they cooperate, but one benefits and the other loses out if only they defect, and both lose out to a lesser...
Seeking Wisdom
What I learned from Prof. Sanjay Bakshi’s Behavioral Economics Course at FLAME University I had the privilege to attend Prof. Sanjay Bakshi’s Behavioral Economics course at FLAME University....
over a year ago
39
over a year ago
I had the privilege to attend Prof. Sanjay Bakshi’s Behavioral Economics course at FLAME University. Being his student since 2011, I realized my dream by sitting in his class for 3.5 days. Prof. Bakshi taught us around 20 different models from Charlie Munger’s Psychology of Human...
Farnam Street
Evaluating Information: Find the Signal in the Noise We are drowning in information. Most of that information is irrelevant. If only we could sort what...
over a year ago
70
over a year ago
We are drowning in information. Most of that information is irrelevant. If only we could sort what matters from what doesn’t. The good news is that you can train your brain to evaluate the quality of information. Not only can you quickly determine if someone knows what they are...
balajis.com
Global Crypto Regulation: Who’s Hot and Who’s Not? Global crypto regulation is confusing. So I surveyed the information available and created a...
over a year ago
Molson Hart's Blog -...
Being an Amazon Seller in 2021; Year in Review I’m the founder and CEO of Viahart (est. 2010), an e-commerce focused educational toy company. We...
over a year ago
22
over a year ago
I’m the founder and CEO of Viahart (est. 2010), an e-commerce focused educational toy company. We did $8.8 million in sales in 2021. This article is going to tell you what it was like to run this business in 2021 vs. 2020, amidst threats like the Amazon aggregators, supply chain...
balajis.com
The Mirrortable Mirrortables are to cap tables what stablecoins are to fiat currencies. They streamline and...
over a year ago
36
over a year ago
Mirrortables are to cap tables what stablecoins are to fiat currencies. They streamline and internationalize the logistical mess of angel investing.
Molson Hart's Blog -...
Is China Taking Over US Retail? Yes. Let me explain. Amazon made it easy for Chinese companies to sell their products directly to...
over a year ago
19
over a year ago
Yes. Let me explain. Amazon made it easy for Chinese companies to sell their products directly to American consumers. In response, the Chinese, after having hollowed out American manufacturing, have moved up the value chain to do the same thing to American wholesale and retail....