sbaqai

9 ms·

1.
by sbaqai 15y ago
I agree with your view of procrastination. I think there's a good portion of it that is due to the points you make. However, there's something else to be added to the discussion about procrastination that has to do with people's temperament
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by sbaqai 15y ago
The most valuable thing you do is provide a basis for intuition in the topics you teach. Getting people to understand the "big picture" early on actually increases the appetite for curiosity, makes topics less intimidating and easier to lea
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by sbaqai 15y ago
Here's a direct link to the audit committee report: http://www.berkshirehathaway.com/news/APR2711.pdf The NYT article is inflammatory, makes factual errors, and is even a bit trollish at times. A simple analysis or opinion piece would hav
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by sbaqai 16y ago
Architecture would be the perfect field for this guy. Specifically at those firms that dabble with digital fabrication technology. There's been a major transformation in the industry. Designers using CAD-based software that interfaces with
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by sbaqai 16y ago
They didn't cover this one, which I think is pretty common as well: "You're probably going to [exaggerate other person's negative reaction], but..." This will usually dampen the other person's negative reaction. You've presumed the person w
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by sbaqai 16y ago
Warren Buffett - Sun Valley 1999 (excerpt from Snowball): "I would like to talk today about the stock market," he said. "I will be talking about pricing stocks, but I will not be talking about predicting their course of action next month o
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by sbaqai 16y ago
I think this is a great example of Apple's "design strategy" being completely end-to-end. They don't just focus on the tiniest details of industrial design; the aluminum chassis, the battery layout, the screws, friction coefficients on the
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by sbaqai 16y ago
Charity is most needed for problems that have no other natural source of funding. If the government/private sector can solve certain problems, then charities are perhaps not the best vehicle for solving those particular problems. Buffett an
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by sbaqai 16y ago
Why I think the Khan Academy works so well: 1/. Videos are short, 10-15min digestible bits. Long enough to teach a concept, short enough not to lose my attention. 2/. He's a huge advocate of teaching intuition behind concepts instead of mem
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by sbaqai 16y ago
Key quote: "This is not about the revenue streams Facebook has; it’s about the revenue streams they’re about to have." Everyone who's been defending Facebook's $33B valuation is projecting the success of some yet-to-be-developed or nascen
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by sbaqai 16y ago
This makes a lot of sense. Investing seems to be a specialized skill, and finding talent isn't the same as hiring "generally bright people" (the top ivy league kids). I think I'm paraphrasing Burry, who said if any one school had figured ou
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by sbaqai 16y ago
I understand what you're saying. But don't you have to consider the number of times Buffett exercised his investment decision, and not only when he's put money up? You'd have to consider all those deals he passed up, as using his investment
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by sbaqai 16y ago
"[Soros] made a lot more decisions. Buffett followed a strategy to buy companies that had a certain earnings profile, and it worked for him. There is a lot more luck involved in this strategy." I don't buy that. Even the shallowest read o
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by sbaqai 16y ago
The present valuation isn't as important as intrinsic value if you're talking about the long term. Of course the valuation is a multiple of its trading price. With that definition, its worth whatever people are trading shares think its wort
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by sbaqai 16y ago
Can someone explain to me Facebook's value? And please understand, I don't ask that to be antagonistic - from what I understand and have read, I've yet to take a side on whether facebook is the new king in SV or if its a sign of another bub
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by sbaqai 16y ago
> The posing makes a difference. Whatever you feel inside, you can move and shake things with the illusion. Then, somewhere along the lines, you believe in the illusion, have molded yourself into it. You pretended to be an alpha, and th
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by sbaqai 16y ago
This may be tangentially related, but here goes: During the last week of high school, my favorite teacher pulled me aside. It was a po-dunk high school and I had gotten into one of the top engineering universities in the US, so I was pretty
18.
by sbaqai 16y ago
Everyone has hobbies. Auto-racing just happens to be one where the cost can range from a few thousand to a realm of unlimited funds. I'm sure John Carmack's rocketry escapades aren't cheap either. I'm not sure what's self-indulgent or flash
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by sbaqai 16y ago
Thats an article from 2002. The late model Zondas are different beasts. Probably near 7 figure price tags. Its in the same class as the Ferrari Enzo and Bugatti Veyron. The first 09 Zonda Cinque, sold for about $2Million US. And the Zonda
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by sbaqai 16y ago
Great article. The author coins the term "tiny pony" to describe the tendency of becoming acclimated to certain exceptional things. ie: There's a pony in the apple store and no one seems to care. Because its always there.. Maybe its because
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by sbaqai 16y ago
should it really cost $170k for a bachelor's degree in anything ?
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by sbaqai 16y ago
grellas, insightful post as always. Do you mind elaborating further on your last sentence/point? There was an article earlier on HN about the growth of legal outsourcing in places like India, as well as the prevalence of four tiers of law s
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by sbaqai 16y ago
This has to be the most disruptive startups around. The videos are always applauded, but I think not as many people know of the web applications Khan has built for some of his videos. I urge everyone to watch this video: http://www.youtube
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by sbaqai 16y ago
Another reason could be this: My understanding is that most PE/VC funds typically have a "2 and 20" compensation structure. 20% of profits, and 2% annual fee on committed capital. That incentivizes, regardless of performance outcome, com
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by sbaqai 16y ago
same here. If you have some time, I have a few specific questions and my contact is in my profile. Thanks.
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by sbaqai 16y ago
This is not that big of a problem and I think to varying degrees, everyone does it. Learn to spot when you do it more frequently. And for practice, make a note when others do it as well. You'll learn to distinguish air-tight arguments from
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by sbaqai 16y ago
Something I think that needs to be mentioned is that what was happening to Apple in the media is similar to what happened to Toyota with their acceleration issue a couple of months back. The number of complaints of "unintended acceleration"
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James Dyson: The Art of Engineering [video](mitworld.mit.edu)
18 points by sbaqai 16y ago|3 comments
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by sbaqai 16y ago
I think the problem with areas like architecture and industrial design is, there is no clear performance metric for what is considered "good design" - or at the least, what designers consider good isn't completely aligned with what users co
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by sbaqai 16y ago
Bezos mentioned this idea elsewhere, but I think he's using it as a framework to evaluate present decisions in absence of external pressures that typically cloud judgement. When you think with a long enough time horizon, some of the externa

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