Venture capitalists often complain about founders who suck for not sending monthly update emails. I think a lot of people talk about this like it's a leading rather than a lagging measure. And that's largely because VCs are getting the ensemble average of returns rather than...
Marvin Gaye wrote one of the best albums of all time (Here, my dear) because he didn’t want to pay child support. During divorce proceedings, Marvin was ordered to pay more money than he actually had on hand as alimony, so a deal was arranged - 50% of the...
Welcome back to Wayfinder, your fortnightly compass for navigating life’s toughest decisions. Today we’re zooming out to consider the boundaries of our capabilities and the notion of circles of competence. The Cautionary Tale of the Spruce Goose The year was 1947. Howard Hughes was already an acclaimed businessman,...
TL;DR / Summary G.K. Chesterton was an early 20th century English writer known for his clever paradoxes. He once wrote: “There exists in such a case a certain institution or law; let us say, for the sake of simplicity, a fence or gate erected across a road. The more...
Twitter, Reddit, Facebook - choose your poison. Each is a window into an epidemic of untouched grass. Every day people fill their minds with opinions, assumptions, and hypothetical situations that are completely divorced from the outside world. You’re locked in a mini-metaverse, constrained by the ideas you consume. This...
Welcome back to Wayfinder, your fortnightly compass for navigating life’s toughest decisions. Today we're talking about a fundamentally human bias - loss aversion. First, let me tell you a story. The view from 30,000 feet High above the world, where the air is thin and the...
