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Mental models

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1: There are currently eight companies worth over $1 trillion. 

Six are technology companies.  The seventh is Amazon, the world’s largest retailer, which some consider a technology company.

The eighth trillion-dollar company is  Berkshire Hathaway.

“One of these things is not like the other,” goes the saying.

Berkshire Hathaway was led for many years by Chairman Warren Buffett and Vice Chairman Charlie Munger until he died in 2023 at … continue reading

1: The generals of the First World War were “educated as cadets in the age of the cavalry charges,” David Brooks writes in his book How to Know a Person: The Art of Seeing Others Deeply and Being Deeply Seen.

As a result, the models of warfare they knew were appropriate for the era of horses and rifles.

“But decades later, after they had become generals,” David notes, “they … continue reading