Rodrigo Machado retweeted
one of the best things about elon is a reminder of just how much one person can do
Rodrigo Machado retweeted
Some amazing takeaways from @JeffBezos annual letter:
1) 28% of purchases on $AMZN are completed in less than 3min (!!).
2) 50% of purchases on $AMZN are completed in less than 15min.
3) Research suggests going to an offline store to do the same task takes 1 hour.
Rodrigo Machado retweeted
This is a story about how I lost $10,000,000 by doing something stupid.
Ten. Million. Dollars.
Literally up in smoke. Money bonfire.
That’s enough to retire with $250,000+ in annual income.
Here’s what happened…
Incredible!
The Airbnbs blog.ycombinator.com/the-air…
Rodrigo Machado retweeted
Found an incredible Reddit thread, "What's a rule that was implemented somewhere that massively backfired?"
Here are the best ones 🧵
1/ Alcohol bans at college football games led to increased intoxication problems b/c fans were getting really drunk before entering the stadium.
Rodrigo Machado retweeted
Most people make bad decisions because they are so certain that they’re right that they don’t allow themselves to see the better alternatives that exist. #PrincipleOfTheDay
Rodrigo Machado retweeted
Price volatility comes from information asymmetry.
When vendors at a fisherman's market in India got cell phones and could share prices more easily, the range of prices massively compressed.
Fascinating
Rodrigo Machado retweeted
Business writing 101.
∙ Shorten your sentences.
∙ Make your point fast.
∙ Shorten the introduction.
∙ Use simple words.
∙ Add graphs and statistics.
∙ No buzzwords.
∙ Use more periods, fewer commas.
∙ Write for skimming, not deep reading.
∙ Bold the main takeaways.
Rodrigo Machado retweeted
I took your comments on business writing, read the books you told me to read, and have summarized it all in two pages because no one has time to read all that. (This is to give my students.) First draft, suggestions welcome.
