Viewing profile — sbaqai

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 ab…

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…

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 troll…

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 indust…

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 ot…

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 t…

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, t…

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 be…

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 a…

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 pr…

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 p…

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 co…

"[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 th…

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,…

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 fa…

> 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 molde…

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…

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…

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 0…

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…

should it really cost $170k for a bachelor's degree in anything ?

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 …

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 vide…

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. …