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The Infant Learner
Some stuff I read this week:
A. This week’s Special:-
David Pakman on Disruptive Innovation and Mental Models
David Pakman has been a Partner at Venrock since 2008 and focuses on early stage consumer and enterprise internet companies. Before Venrock, he spent 12 years as an internet entrepreneur. David was the CEO of eMusic, the world’s leading digital retailer of independent music, second only to iTunes in number of downloads sold. Prior to joining eMusic, David co-founded Myplay in 1999 in Redwood City, CA, which introduced the “digital music locker” and pioneered the locker category. In 2001, Myplay was sold to Bertelsmann’s ecommerce Group. Before Myplay, he was Vice President at N2K Entertainment, which created the first digital music download service. He also was the co-creator of Apple’s Music Group and worked at Apple for five years. David is a graduate and a former Overseer of University of Pennsylvania’s School of Engineering and Applied Science where he received a BSE in Computer Science Engineering. He serves on the Board of Part Of The Solution in The Bronx, loves tennis, and plays drums.
Recently he was interviewed at manualofideas.com. Click the link given below to listen to the interview:
B. Entrepreneurial Diary
C. Other Stories
Yet Again? ( OC )
Lessons Learned ( BH )
The Perfumed Past ( MT )
Interview with Ajit Dayal ( ET )
Overcoming Your Demons ( CF )
Linear Thinking in a Nonlinear World ( HB )
Tiny Changes Can Have Big Implications ( ET )
The Market Is High. Beware of Portfolio Drift ( NY )
The Tale of Two Stocks That Went up 10X Because of a Good Story ( CM )
Profit Margins, Bayes’ Theorem, And The Dangers of Overconfidence ( PE )
Lessons On Managing Risk And Finding Value From A Master Portfolio Manager ( FC )
“I read everything: annual reports, 10k’s, 10q’s, biographies, histories, five newspapers a day. On airplanes, I read the instructions on the backs of seats. Reading is key. Reading has made me rich over time” – Warren Buffett
“I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines. They go to bed every night a little wiser than they were when they got up and boy does that help, particularly when you have a long run ahead of you” – Charlie Munger
You have to apply yourself each day to becoming a little better. By applying yourself to the task of becoming a little better each and every day over a period of time, you will become a lot better”- Carol Dweck