Articles
Visual essays on leverage, value, and building in public.

December 11, 2022
Problems
To make progress, we must solve harder and harder problems in sequence.

December 11, 2022
Prosperity
Our ability to specialize, design goods and services, and trade amongst ourselves is the driving force behind a macro trend of exponential increases in quality of life.

December 2, 2022
Experience
What we learn when we do something wrong doesn't just apply to the situation that taught us, it helps us build models for interpreting and responding to reality in general.

December 2, 2022
Building vs. Betting
Over long periods of time, building and betting can both be positive-sum games.

November 26, 2022
Presence
We are present when we can experience reality without being consumed by what has already been or what might be.

November 24, 2022
Learning
Learning is like climbing an infinite ladder.

November 24, 2022
1% vs. 2%
We're conditioned to think of a single percentage point as an almost non-consequential gain. In conventional wisdom investing, 1% would be laughed at.

November 21, 2022
Price vs. Value
How long it takes to learn something is a better proxy for how valuable something is than how long it takes to do something.

November 21, 2022
Process > Prize
It's comforting to think that hitting a certain target or achieving a definable milestone will bring us lasting comfort.

November 21, 2022
Money is Time
If you make $10,000 or $1,000,000 and spend 100% of it, the outcome is the same.

November 16, 2022
Committee
An abundance of connectivity means you’re only ever a second away from another opinion.

November 16, 2022
Practice
Expecting to excel in anything without consistent practice is the easiest way to lose.