“At a basic level venture capitalists are arbitrageurs: they have access to more information than those with the capital, and access to more capital than those with information, and they profit by exploiting the mismatch.”
Quote by Ben Thompson
Author
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“If we don't respect the past, we'll find it harder to build a future.”
“What's most interesting about some books is the question: How did this crap ever get published?”
“Relevance is not something you can predict. It is something you discover after the fact.”
Source: The Thomas Sowell Reader
“Precautions are always blamed. When successful they are said to be unnecessary.”
