Lenovo Thought It Knew How to Fix Tarnished Brands—Then It Bought Motorola (LINK)
Invest Like the Best podcast: Machine Intelligence and Risk Management, with Jeremiah Lowin (LINK)
Mark Carney and Amartya Sen at the LSE -- Policy Issues Affecting the Bank of England: inflation control and social choice (audio) (LINK)
Plenty of Room at the Bottom - by Richard P. Feynman [H/T @Sanjay__Bakshi] (LINK)
Book of the day: In Praise of Simple Physics: The Science and Mathematics behind Everyday QuestionsThis is the transcript of a talk presented by Richard P. Feynman to the American Physical Society in Pasadena on December 1959, which explores the immense possibilities afforded by miniaturization.
Someone transcribed a reply by Debbie Millman in her podcast interview with Tim Ferriss about a 10-year plan for a remarkable life that may be worth thinking about:
“It is Winter 2027. What does your life look like? What are you doing? Where are you living? Who are you living with? Do you have pets? What kind of house are you in? Is it an apartment are you in the city are you in the country? What does your furniture look like? What is your bed like? What are your sheets like? What kind of clothes do you wear? What kind of hair do you have? Tell me about your pets, tell me about your significant other, do you have children? Do you have a car? Do you have a boat? Talk about your career? What do you want? What are you reading? What are you making? What excites you? What is your health like? Write this one day ten years from now. So one day in the winter of 2027, what does your whole day look like? Start from the minute you wake up, brush your teeth, have your coffee or tea, all the way through until minute you tuck yourself in at night. What is that day like for you? Dream big, dream without any fear. Write it all down. You don’t have to share it with anyone other than yourself. Put your whole heart into it. Write like there is no tomorrow; write like your life depends on it because it does. And then read it, once a year, and see what happens.”That reply also reminded me of something Jeff Bezos once said:
So, it really was a decision that I had to make for myself, and the framework I found which made the decision incredibly easy was what I called -- which only a nerd would call -- a "regret minimization framework." So, I wanted to project myself forward to age 80 and say, "Okay, now I'm looking back on my life. I want to have minimized the number of regrets I have." I knew that when I was 80 I was not going to regret having tried this. I was not going to regret trying to participate in this thing called the Internet that I thought was going to be a really big deal. I knew that if I failed I wouldn't regret that, but I knew the one thing I might regret is not ever having tried. I knew that that would haunt me every day, and so, when I thought about it that way it was an incredibly easy decision. And, I think that's very good. If you can project yourself out to age 80 and sort of think, "What will I think at that time?"