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Take a Simple Idea and Take It Seriously - Commonplace
Take a Simple Idea and Take It Seriously - Commonplace
There's a saying commonly attributed to Charlie Munger that goes 'Take a Simple Idea and Take It Seriously'. Work out all the implications. Seek out all the case studies. Here's a story of two investors who did exactly that.
·commoncog.com·
Take a Simple Idea and Take It Seriously - Commonplace
The Dangers of Treating Life as a Game - Commonplace
The Dangers of Treating Life as a Game - Commonplace
Game analogies can be helpful when you're playing to win. But there's a limit to how useful they can be when thinking about life.
·commoncog.com·
The Dangers of Treating Life as a Game - Commonplace
The Scoop: Inside Fast’s Rapid Collapse
The Scoop: Inside Fast’s Rapid Collapse
What can software engineers learn from the shutdown of the company? Exclusive details.
·newsletter.pragmaticengineer.com·
The Scoop: Inside Fast’s Rapid Collapse
What will it take to set up a digital bank?
What will it take to set up a digital bank?
The RBI’s new guidelines on digital banking units give banks a head start in the race Read this edition online Monday, 11 April 2022 A weekly newsletter about how finance is getting supercharged by tech in India, and how you can make money work for you.
·feedly.com·
What will it take to set up a digital bank?
Payments in Japan
Payments in Japan
The payments industry in Japan is evolving rapidly. Some trends are globally relevant.
·bam.kalzumeus.com·
Payments in Japan
Accounting for SaaS and swords
Accounting for SaaS and swords
Revenue recognition for software companies sounds boring but is actually fascinating and frequently hilarious.
·bam.kalzumeus.com·
Accounting for SaaS and swords
Understanding BNPL
Understanding BNPL
BNPL products, business models and why consumers and merchants like them
·tanay.substack.com·
Understanding BNPL
How credit cards make money
How credit cards make money
Credit cards make money through net interest, interchange, fees, and marketing contributions.
·bam.kalzumeus.com·
How credit cards make money
Only one credit card-challenger is really, really safe
Only one credit card-challenger is really, really safe
And why loan prepayments are a matter of opportunity and comfort Read this edition online Monday, 27 June 2022 A weekly newsletter about how finance is getting supercharged by tech in India, and how you can make money work for you.
·feedly.com·
Only one credit card-challenger is really, really safe
Elon's Giant Package
Elon's Giant Package
A mini-grand theory on what he's up to with Twitter
·readmargins.com·
Elon's Giant Package
Money Stuff: The Stability of Algorithmic Stablecoins
Money Stuff: The Stability of Algorithmic Stablecoins
Algorithmic stablecoinsHere is how an algorithmic stablecoin works. You invent two tokens, call them Dollarcoin and Sharecoin. You list them Algorithmic stablecoins Here is how an algorithmic stablecoin works.
·feedly.com·
Money Stuff: The Stability of Algorithmic Stablecoins
Modi’s dilemma - by Dinesh Narayanan
Modi’s dilemma - by Dinesh Narayanan
India is caught between the strategic needs of its friends in the West and ensuring economic security of its citizens
·daily.thesignal.co·
Modi’s dilemma - by Dinesh Narayanan
Stablecoin mechanisms and use cases
Stablecoin mechanisms and use cases
There are a few ways to make a stablecoin. Not all of them absolutely guarantee loss of tens of billions of dollars.
·bam.kalzumeus.com·
Stablecoin mechanisms and use cases
Situated: Design for fidgeting
Situated: Design for fidgeting
We are not minds that happen to have bodies to do their physical work. Rather, we are bodies that seem to have minds. We are bodies in motion that happen to produce a subjective sensation we call consciousness, which gives us the impression that we are something more than, or something other than, bodies. This is the remarkable illusion we call mind. — Simon Penny, Making Sense
·web.archive.org·
Situated: Design for fidgeting
Source-available - Earthly Blog
Source-available - Earthly Blog
EDIT April 20, 2022This article is out of date as we have since switched back to an open-source license. While we still stand for the principles in...
·earthly.dev·
Source-available - Earthly Blog
Technical Wedges
Technical Wedges
How to create and use technical wedges strategically as a software business. Lenny Rachitsky of Lenny's Newsletter wrote a piece [https://www.lennysnewsletter.com/p/wedge] on finding a wedge. He defines a wedge as follows, > A wedge is simply a strategy to win a large market by initially capturing (1) a tiny part of a larger market or (2) a large part of a small adjacent market. He goes on to give examples across different industries that have been impacted by software: Doordash, Stripe, Uber,
·matt-rickard.com·
Technical Wedges
Season 2 of Athens — A Collective Vision
Season 2 of Athens — A Collective Vision
We are pivoting from PKM and creating a new category, CKM. Our vision is to create a Collective Brain, a social network for learning, collaboration, and innovation.
·athensresearch.ghost.io·
Season 2 of Athens — A Collective Vision
Backing your ex(-employee)
Backing your ex(-employee)
“My job as CEO is to make folks as rich and as famous as they can be.”  View email in browser | Forward this email By Biz Carson June 25, 2022 Hello, and welcome to Pipeline. My name is Biz Carson, and I've listened to Beyoncé sing “You won’t break my soul” too many times to count this week.
·feedly.com·
Backing your ex(-employee)
Data Planes and Control Planes
Data Planes and Control Planes
In network routing, there’s a distinction between control planes and data planes. Control planes dictate how data is routed over the network topology. The data plane is responsible for the actual forwarding of the data packets. The idea of separating these two functions works well for higher abstractions like distributed systems. For a more concrete example, look at a service mesh. The data plane in service mesh has the responsibilities of service discovery, packet routing, load balancing, a
·matt-rickard.com·
Data Planes and Control Planes