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Look for a wave shaped like an A. An A. Hmm. I saw Zs and H's and Vs. I saw the Hindi alphabet and the Thai alphabet. I saw Arabic script. I saw no As. Finally I gave up, and chose the next wave that would have me, which turned out to be a poor move. There is a moment, shortly after one accepts the imminence of one's demise, when it occurs that you could be elsewhere: that if you simply left the house a little later, or lingered over a Mai Tai, you would not be here now confronting your mortality. This moment occurred just as I encountered a very large (from my perspective), rare and surprising wave. A wave that was pitching and howling, and it really had no business being where it was - underneath me. The demon wave picked me up, and after that I have only a a vague recollection of spinning limbs, a weaponized surf board, and chaotic white water, churning together over a reef. I decided surfing was not for me. I generally no longer engage in adrenaline rush activities that carry with them a strong likely hood of life-altering injury. (p. 138) ↗
Inherently, Larry & Serge aren't paper-oriented - they're product oriented. If they have another 10 minutes, they want to make something better. They don't want to take 10 minutes to tell you something they did. - Terry Winograd ↗
Hedge funds have made massive leveraged credit bets, knowing that their upside is billions in fees and their downside is millions in fees. ↗
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