Nugget Fest (May 3rd Edition) | Value Investing News

Nugget Fest (May 3rd Edition)

  • Uber Questions (Stratechery) Uber as a parody of startup culture: Cliche 1 – “We only need to get a small share of this very large market” Cliche 2 – “Skate to where the puck will be, not where it is.”
  • Changing behavior takes a long time (Abnormal Returns) “Humans do change behavior over time, whether it be through necessity or choice.
  • Generational transitions obviously play a big role in this, but there is hope that we can change, for the better, our actions.” Behavioral economics reading list (Farnam Street) This is a huge list and we’re not advocating that busy OSV subscribers SHOULD read all of them.
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