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Vaguely Right Is Better Than Exactly Wrong
Carveth Reed, a British logician and philosopher is attributed with the quote, “It is better to be vaguely right than exactly wrong” (sometimes attributed to the economist John Maynard Keynes).
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The First Rule of Compounding Is Never to Interrupt It Unnecessarily
Charlie Munger’s first rule of compounding is to never interrupt it unnecessarily.
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Bond Management Is a Negative Art
Since gains from bond trading are capped by the yield at maturity, but only returns if the bond pays out, the value generated is not from what you buy but what you exclude—avoiding bonds that don’t pay out i.
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The Power Broker
This note does not have a description yet. Links to this note Dictator Book Club: Orban
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Non-Fungible Tokens
See also: Web3 Links to this note Over 95% of Nfts Are Worthless
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NFTs Provide Digital Scarcity Among Digital Abundance
The internet brought digital abundance—content and media can be freely consumed at massive scale.
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Clinical Trials of the COVID-19 Vaccine Was Not Designed to Discover the Optimal Regimen for Public Health
To get the COVID-19 vaccine approved quickly, companies focused on proving the efficacy.
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Use a Monolith-First Architecture Because You Don't Yet Know the Boundaries
It’s difficult to start with microservices because that requires knowing more about the domain and boundaries within the domain that one could know up front.
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Notion as a Text Editor Is Quirky
Notion is a popular wiki that I started using more seriously recently.
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Stratechery
This note does not have a description yet. Links to this note What Is a Tech Company
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Clubhouse Is the Next Evolution of Podcasts
Clubhouse can be thought of as the next stage in the evolution of audio.
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Pro Rata Rights Causes Conflict Between Early and Late Investors
Pro rata rights allow investors to retain their percentage ownership in future rounds on the same terms as new investors.
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The Number One Job of a Startup CEO Is Finding Product Market Fit
Of all the roles and responsibilities an early stage startup CEO has, the most important is finding product market fit.
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Fighting the Framework
In software development, when you are spending time trying to implement something that the framework you are using either doesn’t do or makes it harder.
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Component-Driven Development
In frontend development, a component-driven workflow is a way of building websites and applications by breaking down the UI into smaller components and iterating on them independently and composing them together.
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All Employers Are Required to Report New Employees Within 7 to 20 Days
Each state requires new hires to be reported as per the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 (PRWORA).
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Mutagen Greatly Speeds Up Docker on MacOS
After noticing abysmal performance of Docker for macOS and after a few Google searches (searching ‘docker macos performance’ yields 5MM hits) to confirm the issue, the recommended solution is to use Mutagen.
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Stealth Mode Provides Optionality
When a company chooses to operate in stealth mode it provides optionality in a couple of ways.
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Stealth Mode
This note does not have a description yet. Links to this note Stealth Mode Provides Optionality
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MAP Customer Value Framework
MAP (metrics, activities, people) is a framework for thinking about SaaS value and pricing.
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Python Type Hinting
Python 3+ has type annotations that can be used for static type checking using a separate program.
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Python
A dynamic programming language used heavily in the startup and scientific community.
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Code Architecture Docs Decrease the Time Spent Searching for Where to Make a Change
A software architecture doc (e.g. ARCHITECTURE.md) is a way of stating the overall structure of the code.
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An Antilibrary Reminds Us of What We Don't Know
An antilibrary is one’s collection of books that they have not read.