enjoyitasus

completely agree.

Buffett and his partner, Charlie Munger, realized a painful economic truth during those years. In a commodity business, cost savings from technology do not stay with the company. They are passed directly to the customer.

Brilliant and true. Finally exposing the tech middle management for what it is!

100% relate.

simple: power law.

I think this holds water.

Metacognition is really how the best of the best can continue to be at their best.

And if you don't use it, you lose it.

https://x.com/redshirtet/status/1879922330983358941

keep it up

LLM Agent support

The OA

Not hurt badly: Already free cash flow positive ones.

Success or Grow meaningfully: not sure. There's also other risks (geopolitical, supply chain). It also depends on what it means by growth. Growing revenue? Is success measured by external measures (stock price) or other intrinsic factors (profitability)

The things you mentioned are directionally in line with the movement called "Effective Altruism".

They concern themselves with finding things that empirically would have the biggest impact, or if we don't do it, we have the biggest consequences.

https://80000hours.org/problem-profiles/

Yes

I have one. Id rather not talk about it

great look-back. Love reading these and putting things into context. you can only connect the dots looking backward

Save it. Then save some more. If you have more leftover, save some more.

Sounds like you are enjoying the fruits of life already and the way you described your spending sounds like you're enjoying it.

Have a SaaS product I built a few years back. Still churning and profitable but for a niche audience.

Wanting to pick up another passive income stream.

Isn't this the perfect case of having the wrong incentives?!

Let me guess before I read. One of the pleasures is that ice is abundant?

Agreed with this. There's a rebuttal on this regarding how similar this is for Senior Product Managers: https://productmanagerjobs.com/blog/trouble-hiring-senior-pr...

I agree that nothing is truly passive. Everything involves some form or another for maintenance and triming what I would call "entropy".

There are some lines of business that really is very passive, but those either don't have much of a moat or competitive advantage and can easily be squashed by something newer, nicer and better.

Sounds pretty cool and very passive. Do you mind sharing how long it took you build that audience, community and content to reach critical mass?

a SaaS product. something i'm starting up such as a job board.

Https://ProductManagerJobs.com

I would agree. Montreal has relatively good infrastructure and also good housing options for families and singles alike. It’s small compared to these tier 1 cities in Western Europe but it’s great, people are nice and are bilingual.

The winters are extremely cold but if you don’t mind that it’s fine. Not sure about the salaries but I hear they are lower but so is the cost of living.

Film making is one I heard of and also aspiring to do.

HN, Twitter, Seeking Alpha

Yes

It was true in my case when I turned 29. I founded a product and built a startup from that.

cool. yeah ive tried the oristand and at 40 bucks its a relatively cheap option.

i found having slippers helped too

Great article on perverance and prototying, getting feedback and knowing how to challenge conventional processes.