Thinks 533

WSJ offers tips to help you stay on task and be less scattered. Among them: “Block out focus time. Set aside time to get a work or school project done and set your phone to Do Not Disturb. Close out of your email and other distracting programs on your computer and turn off notifications. Setting an alarm can help so you’re not watching the clock.” And “Set expectations. If your boss or co-workers frequently need to be in touch, let them know when you plan to be offline focusing on a project. Mark it on your calendar if you need to.”

Warren Buffett: “”If you said… for a 1% interest in all the farmland in the United States, pay our group $25 billion, I’ll write you a check this afternoon. [For] $25 billion I now own 1% of the farmland. [If] you offer me 1% of all the apartment houses in the country and you want another $25 billion, I’ll write you a check, it’s very simple. Now if you told me you own all of the bitcoin in the world and you offered it to me for $25 I wouldn’t take it because what would I do with it? I’d have to sell it back to you one way or another. It isn’t going to do anything. The apartments are going to produce rent and the farms are going to produce food.”

Benedict Evans: “No-one is going back to cable, no-one is moving to mainframes and no-one will ever pay $1m for a New York cab medallion again. The TV wars are accelerating, so is the hyperscalers’ cloud revenue, and the ecommerce stack keeps getting more interesting. Adtech will be reset, ecommerce will unbundle everything and, well, people will keep doing more online. All the stuff we were excited about last year is still happening – you just got a bit too excited. And by the time this settles down, it looks like web3 and Metaverse might be getting real – just in time to give us another nice big bubble in 2031.” (from newsletter #438)

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Rajesh Jain

An Entrepreneur based in Mumbai, India.