Liar’s Poker — Lessons From The 80s Wall Street

I just finished reading Liar’s Poker by Michael Lewis. It’s a great book, well worth reading just for entertainment. But it also offers valuable insights into the behavior of organizations and people. Here’s a few of them: Investors (and people in general) would rather fail in groups than succeed as individuals. This translates into huge… Read more Liar’s Poker — Lessons From The 80s Wall Street

The iPhone And The Camera Companies — 3 Lessons In Innovation

I love this chart. It perfectly illustrates three important lessons in innovation. 1. It’s merciless. The camera companies spent years building their brands, developing their products and investing in production and distribution. None of that mattered in the face of the smartphone revolution. And so, global camera shipments dropped almost 50% in just three years… Read more The iPhone And The Camera Companies — 3 Lessons In Innovation

Facebook Ads (No, Not The Ones You Think Of) And What It Means For The Future Of The Company

Here’s something I didn’t expect to see. Facebook ads. Ads from Facebook. What, if anything, do these ads tell us about the future prospects of Facebook? Let me suggest three possible answers: 1. The bear case. Facebook’s user growth is slowing down, and usage has dropped. The ads will improve the numbers, but only in… Read more Facebook Ads (No, Not The Ones You Think Of) And What It Means For The Future Of The Company