The Biggest Returns [Collaborative Fund]
I am still looking on the internet for a chart a friend of mine told me about years ago that shows: on the x-axis the total weight of a bicycle and on the y-axis USD. The line is quite flat until about 8KGs, at which point it skyrockets. The same applies to where we are as a civilization, we’re at about 8KG. Every incremental return from this point on is oh-so-expensive.
From the first time the Wright Brothers took flight at Kitty Hawk to the Boeing 747’s first flight was 66 years, from the 747’s first flight to today is 52 years.
747’s are still flying today.
I do not have the statistics to back this, but I would bet money as a non-betting man that orders of magnitude more resources have been spent during the second time block (747 to today) than the first (Wright Bros. to 747).
Morgan’s theory can easily be exchanged for laziness, but getting into a full tuck and coasting on down the hill may be what the doctor/God prescribed.
Also, this quote from Joseph Heller at a Vanguard party is great:
At a party given by a billionaire on Shelter Island, Kurt Vonnegut informs his pal, Joseph Heller, that their host, a hedge fund manager, had made more money in a single day than Heller had earned from his wildly popular novel Catch-22 over its whole history. Heller responds,“Yes, but I have something he will never have . . . enough.”
NDA Expired - let's spill the beans on a weird startup [Terence Eden’s Blog]
I don’t think weird is the best adjective to describe this idea. The applicant needing to be not one, but two steps ahead of the unbeknownst interviewee is a rather appealing image. Sure seems more sly sales technique than a gelled-back hair sleazy used car salesman shoving a Honda Civic down your throat.
The article reminds me of a Hacker News comment I read some time ago:
I currently have 10 fully remote engineering jobs. The bar is so low, oversight is non-existent, and everyone is so forgiving for under performance I can coast about 4-8 weeks before a given job fires me. Currently on a $1.5M run-rate for comp this year. And the interviewing process is so much faster today, companies are desperate, it takes me 2-3hrs of total effort to land a new job with thousands to chose from.
Can you imagine that!? Someone, 10 companies actually, are getting played.
It does make one wonder what other business plan some hustler out there has conjured up. Did someone pay Johnny to give a glowing review on Gordon Ramsay’s restaurant or did he really enjoy his dinner?
I Know the Secret to the Quiet Mind. I Wish I’d Never Learned It. [The Atlantic]
Hana Shank recount of the incident her family was involved is a horrifying recount of how the story of an entire family can be so quickly changed following a crash.
Despite the newfound challenges the accident caused for the family, some hints of empathy towards the other drive reminded me of David Foster Wallace’s infamous commencement speech at Kenyon College:
He was late to a job interview or to get his kid, or maybe he was just antsy.
That’s it for this week.
I hope you enjoyed this first episode as much as I enjoyed writing it.