From Christine Lagarde :
Women are no longer the Second Sex Simone de Beauvoir wrote about.
Greed + Confirmation Bias = Disaster
It’s a natural human tendency to seek out conforming opinions – people who agree with us. It makes us feel “right” and good about our decisions. In the investing world, however, this is dangerous. When I form an investment thesis, I’m always trying to figure out why it’s WRONG, not why it’s RIGHT. I want to know the thesis of the guy on the other side of the trade as me – and then I can evaluate whose thesis is stronger.
Let’s Save Great Ideas from the Ideas Industry
Guernica doesn’t offer any solutions to the problem of human suffering: it asks us to do something more vital, and more worthy: to reflect on, consider, and perhaps so gain a truer intimacy with the problem of war, violence, atrocity, and its permanence throughout history. Picasso would never have been invited to deliver a TED talk about Guernica because it offers no quick, easy, palatable solution. Instead, it offers the precise opposite: a hard, unflinching, uncompromising portrait of grief.
Dow Jones High ≠ Growth in the US Economy
The Dow cannot defy gravity. The higher it rises, the harder it will fall.
The Religion of Entrepreneurship
In relgious communities, when someone is in need, the community rallies around them. People do kind things to other people just because it is the right thing to do. The startup world has a similar shared value; investors, CEOs, and service providers throughout the entrepreneurial ecosystem are always willing to lend a hand, donate time, and provide guidance and counsel.
