Jim OShaughnessy
This is an excellent essay from our friends at @PermanentEquity, in which we have an investment.

Succession planning is a crucial aspect of keeping your company vibrant and of maximum value to all shareholders, yet many fail to do it.

https://t.co/AnVrMYYrzt
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Tren Griffin
RIP Tom Alberg.

He will be missed by many people. He was giant in the Greater Seattle community. I learned to be better manager, member of a board of directors and human being by watching watching Tom Alberg do it well. He was a leader in many ways and a terrific friend. https://t.co/vo1YuoXtuy
Tom Alberg was a giant in Seattle, a living link between one generation of tech here (aerospace and something called a "cellular network"), and another. Among the first investors in Amazon, he spent decades reinvesting those winnings in local companies. https://t.co/SUcxkK3jsW - Matt Day
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Jim OShaughnessy
I evaluate this as good information that can transform into knowledge

H/T @rationalwalk

Evaluating Information: Find the Signal in the Noise https://t.co/r11FigiRuQ
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Tren Griffin
RT @JeffBezos: My friend and a friend to many, Tom Alberg, has passed away. He was an early investor in Amazon and served on our board for 23 years. Tom was a visionary and also just a wonderful, good man. I was so lucky to have you in my life, Tom. We will all miss you dearly. https://t.co/JsRvxt8rI0
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Paul Graham
In office hours today I talked to a pair of founders who needed a new idea. It turned out they already had a great idea, but had been ignoring it because they didn't know how to "monetize" it. I told them to just build it. This thing could have 100 million users.
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Ethan Mollick
The 747 is a cautionary tale to anyone betting on disruptive future technologies. The obvious future for aircraft in the 1960s was supersonic, so Boeing put their B team on building the boring stopgap plane while they bet on the SST. Instead, tech plateaued & they sold 1.6k 747s! https://t.co/3nVmnfTTaO
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Jim OShaughnessy
"Unlimited power in the hands of limited people always leads to cruelty."
~@david_mitchell
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Jim OShaughnessy
👀🤯 https://t.co/9D046ryBs9
The phonological loop of the brain is a rather recent development in human evolution.

The formation of Wernicke and Broca areas of the left hemisphere has a very short buffer memory.

Thus we use “cheats” to guide cognition of language.

In this specimen video we see the limits. https://t.co/lUqyqKX2vU - Brian Roemmele
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Alex Brogan
RT @jbonhotal: 15 lessons in leadership from the greatest sporting dynasty the world has ever known: https://t.co/x9sfI0OYSj
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Paul Graham
RT @evan_van_ness: The main thing I took away from this WSJ hit piece on @coinbase is that @brian_armstrong is a pretty good boss https://t.co/DN0znlt6uD
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Jitendra Chawla, CFA
India is the 'only' major economy which is showing growing manufacturing activity! https://t.co/hPUhlh2y0M
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