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More at https://thewaiterspad.com/2021/08/05/a-confusing-life-expectancy-calculation/

Five examples about clever Customer Acquisition (Cost) Strategies 1. The Happy Meal 2. AOL Discs 3. HoTMaiL 4. Netflix Coupons 5. Zillow vs Expedia sorry for the previous episode's audio

The transition from physical to digital is currently happening, this episode looks at examples so far, and tries to raise an awareness for noticing things in the future.Digital is not better than physical, but digital does improve things relative to certain jobs to be done.

What are the stakeholders in our lives and what questions can we ask about them? donate: http://paypal.me/mikedarianovenmo: mike-darianoโดย MIKE

Notes and highlights from Walton's book, https://amzn.to/2uu4S6q.More at http://thewaiterspad.com/2018/07/26/sam-walton.โดย MIKE

In this episode, we'll look at the numbers (from A or Z to A to Z), the world (it changes), and the brain (it's fast). I'll also suggest some solutions like getting distance, asking 'What's cheaper than a helicopter?', and the advantages of travel.Hans Rosling's is a nice contribution to the literature of books like A Field Guide to Lies, The Half-…

Links at http://thewaiterspad.comโดย MIKE

from the 5/2/18 Wharton Moneyball Podcast..."In Gladwell's book, he pointed out in the NHL all these great players were all born in January and February. The leagues are all by age, and so they're older than the other kids and they get the best coaches, and they do the best early, and they go in the best leagues so there's a huge skew toward hockey…

"Teams need to be thoughtful in the way they present this information and they need to allow for different players to want data in different ways. They need to be flexible to really make a difference." Cade Massey"I remember Sam Hinkie talking about how he conveys information to the organization. Back when he was working for Daryl Morey as assistan…

In The Success Equation http://amzn.to/2ecUWVU Michael Mauboussin urgers readers to ask; how fast is mean reversion, how predictable is the result, and are cause and effect easily identifiable? Those answer will guide a person to using base rates or experience as their decision guide. This clip is from the 5/2/18 Wharton Moneyball Podcast…

1/ Adapting your thesis2/ Crypto-currency and techno-economic changes.3/ Wolrd After Capitalโดย MIKE

How do you make Billions? Spend two hours a day six days a week writing in a storage locker with one chair with your best friend and then repeat that (kinda) for twenty years.โดย MIKE

notes at http://thewaiterspad.com/2018/04/10/katrina-lakeโดย MIKE

In summary, Danielle Weisberg and Carly Zakin have succeeded because they noticed poor product-market fit and made a small bet to build something using their existing skills and being curious along the way. Once their brand snowball got rolling, they focused on strengthening it and are now expanding to other areas.More notes at https://thewaiterspa…

- Why does alpha erosion occur? - How are business moats built?- Who are the best capital allocators? Show notes at: http://thewaiterspad.com/2018/03/01/moats-and-allocatorsโดย MIKE

David Ogilvy was known for his advertising 'rules.' After diving deeper into his work I found out these aren't really rules at all but conclusions. Ogilvy's first principle is *do what works*. This episode will focus on three things that anyone in any industry can do. 1/ He was objective in his research. If the facts differ from your beliefs, chang…

A few things that caught my eye. Notes at http://thewaiterspad.comWhy is Nick Saban undefeated against former assistant coaches?Why is Philadelphia an undefeated home underdog? Why are there called strikes in betting pools?Why is visualizing data so helpful?Why is novel data helpful too?Why is a bit identity footprint better?…

More details at: http://thewaiterspad.comArthur's paper: http://www.iwp.jku.at/born/mpwfst/02/BArthur/Arthur_B.pdfMauboussin's interview: https://overcast.fm/+Iz-J-F6_Eโดย MIKE

Inspiration: http://amzn.to/2kf2xXWโดย MIKE

Part two of the audio version of these posts: https://thewaiterspad.com/?s=%22TIL2017+Summary+Series%22โดย MIKE

An audio version of the end-of-year posts at http://thewaiterspad.comโดย MIKE

For links and block quotes: https://thewaiterspad.com/2017/10/23/rory-week-15/โดย MIKE

Notes: https://docs.google.com/document/d/1HL5xe_oUzThcpZLYiiTVqRjaXRs4w8DMnTkUU1m4pZw/edit?usp=sharingโดย MIKE

We all exist within a system and each system nudges (or shoves) us certain ways. Whether it's women in tech, people on bikes, or neighborhoods with more roads than sidewalks. Inspiration from http://amzn.to/2xBVGj6Notes: https://docs.google.com/document/d/1P7RdgegXusudhZBhhfQF3lfV77Vlofwf6GQgRMNocQQ/edit?usp=sharing…

Inspiration: http://amzn.to/2vpYJJKโดย MIKE

For All the Tea in China http://amzn.to/2u9Mam1 is a wonderful book. It covers the 1800 East India Company, Robert Fortune (and his forgotten wife!), and how to succeed in England without even dying. We'll touch on only a few parts of Fortune's story. Modern Monopolies http://amzn.to/2uj8REC makes the case that it's platform businesses that will ru…

Inspiration: http://amzn.to/2ti2tKkAny business person needs to get out of the office and talk to her suppliers, customers, and competitors. "Get up and go outside, you'll learn more in five minutes of talking to somebody at a company than you will in a week of crunching its numbers." - Stephen MandelThey'll all have their own biases but they also …

Early Retirement Extreme by Jacob Fisker http://amzn.to/2tnUNJ1 1. Reframe where you are. 2. The more you know the less you need. 3. A robust modular life.โดย MIKE

OODA WHAT? by MIKEโดย MIKE

OQ/ http://amzn.to/2rQ59hC1/ The Startup, http://amzn.to/2rftD5h. Failed startups, http://amzn.to/1nztynB 2/ Breaking apart problems (multiplication, Legos)3/ Beanie Babies post, http://thewaiterspad.com/2017/06/07/beanie-babies/beanie-babies4/ Culture advice from a "Bull"โดย MIKE

OQ: http://amzn.to/2rftD5h 1/ Star Wars convexity2/ Checklists are fun!3/ Base rates on motorcycles4/ The stories we tell ourselvesSupport: https://gumroad.com/l/mikesnotesโดย MIKE

OQ: http://amzn.to/2pBTq6T5:50 don't shoot the dog11:30 walking the idea maze17:30 boring businesses23:30 the David Swenson checklist Support: https://gumroad.com/l/mikesnotesโดย MIKE

OQ: Dan Carlin on the History on Fire podcast1/ What job does this service/product do? What job are YOU hired for?2/ Good decision makers put their thoughts down on paper. One way to do that is with checklists. 3/ To learn, find relevance not information. 4/ Common principles to wealth and health. (https://thewaiterspad.com/2017/05/15/finances-and-…

OQ: http://amzn.to/2pBTq6T#1 What to do when 'that's interesting.'#2 Technology is not the MIT for technology startups, instead it's luck, persistence, and elbow grease.#3 When starting, copy structures, formulas, or philosophy. When advancing be more like Sherlock Holmesโดย MIKE

One subject; http://amzn.to/2lWGK79โดย MIKE

Intro: the metaphor of tracking (Boyd Varty on Invest Like the Best).1/ Thinking Small, http://amzn.to/2oNLFKF.2/ Multiple compound yields and the triangle of mediocrity.3/ Patrick Collison on starting a startup4/ Me on Ryan Holiday on readingโดย MIKE

Greek heroes, getting better, building your toolbox, and arguing well. Mike's Notes - https://thewaiterspad.com/mikes-notes/โดย MIKE

From Santa Fe Institute: https://www.youtube.com/watch?v=QSCbnS1yCzIโดย MIKE

Intro: Tools of Titans, but for classical education1/ 20 year technology cycles2/ Using the 51% solution at Soulcycle3/ Reading advice from president Obama's Chief of Staffโดย MIKE

Feedback: https://thewaiterspad.com/podcast-feedback/Monthly subscription: https://gumroad.com/l/mikesnotesโดย MIKE

How to learn algebra. What does flipping burgers and "plain vanilla stock picking" have in common?Can you get paid more for the work you love? (Sisyphus)A couple lessons from Danny Meyer.โดย MIKE

All NBA edition, mostly based on Daryl Morey's interview with Zach Lowe at MIT Sloan. Questions? 559-464-5393 or @mikedarianoโดย MIKE

Introduction quote: http://www.safalniveshak.com/investing-simple-not-easy/Taleb’s MOOC: https://www.youtube.com/channel/UC8uY6yLP9BS4BUc9BSc0JwwPrisoners of Geography: http://amzn.to/2lWGK79a16z podcast: http://a16z.com/2017/02/25/reedhastings-netflix-entertainment-internet-streaming-content/Cowen’s book: http://amzn.to/2lWA6OgThe Marshmallow Test…

Opening quote: www.cnbc.com/amp/2017/02/16/entrepreneur-takes-wednesdays-and-it-has-made-him-millions.html 1/ 1:30 Malcolm Gladwell solves the endowment effect.2/ 5:05 Setting The Table by Danny Meyer. http://amzn.to/2kGVzO0 3/ 10:45 What does retirement mean? Inspiration from EarlyRetirementExtreme.com and MrMoneyMustache.com 4/ 13:45 Personalizat…

Intro quote from: http://amzn.to/2kJDfzzRuss Roberts explains hindsight bias (02:00)When listening, aim for understanding not necessarily agreement (07:05)Backstops for life (09:55)Context matters, NBA edition with Bill Simons (15:40)Public understanding of risk (19:55)Feedback: https://thewaiterspad.com/podcast-feedback/My book about Belichick: ht…

A new format for the podcast as I tinker. For now expect weekly summaries - released on Thursdays - of things I learned. (00:39) Judd Apatow explains loss aversion via Super Bowl bets. (03:45) The importance of work relationships - something I lack.(08:45) Solving problems with knowledge from more than one domain. (13:10) Asymmetrical returns. What…

Judd Apatow explains Loss Aversion on The Adam Carolla Show by MIKEโดย MIKE