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Career success is built on trust. And trust is way too rare in business

Have you ever worked for someone you didn’t trust? Have you ever worked for someone who didn’t trust you? Have you ever tried to earn someone’s trust, but failed?  It happens every time you interview for a job, but leave without an offer. It happens when you try to make a sale, but can’t close
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Artificial intelligence started with the calendar and abacus

I wrote earlier this week about why artificial intelligence (AI) is such a big deal. Using Kevin Kelly’s example, I claimed artificial intelligence will have a bigger impact than electricity. My argument was that electricity helps human perform manual tasks. Artificial intelligence helps us perform cognitive tasks. Electricity makes us stronger. Artificial intelligence makes us smarter.
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Valentine's Day, and why capitalism works so well

Valentine’s Day is a somewhat despised “holiday”. It’s built around excess. It’s a manufactured, fleeting celebration of a profound emotion we spend our whole lives exploring. But Valentine’s Day is great in at least one way. It shows why capitalism works so well. I’m thinking specifically of the flower tent outside of my grocery store. With increased
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Artificial intelligence will be bigger than electricity

I hate buzz words as much as the next person. I also hate tech fads. It would make sense, then, that I despise the artificial intelligence (AI) gold rush. But I don’t. I really do buy into the AI excitement. And Kevin Kelly has a great analogy to explain my thinking. Think of artificial intelligence
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Why is Johnson & Johnson so much more valuable than Pfizer?

Earlier this week, I looked at the valuations of 5 large pharmaceutical companies: Johnson & Johnson, Pfizer, Merck, Amgen, and Eli Lilly. I was trying to get an idea of which one was the most “over-valued”. Long story short, Johnson & Johnson and Amgen are the most expensive, relative to their asset base. That doesn’t necessarily
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Which big pharmaceutical company is most overvalued?

I want to take a quick look at five large publicly-traded pharmaceutical companies: Johnson & Johnson Pfizer Merck Amgen Eli Lilly Specifically, I want to get a rough idea of how “fair” their valuations are. And I have two important caveats: Johnson & Johnson isn’t a pure pharmaceuticals company. No two of these companies overlap
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Writing good computer code is like writing a good story or email

Writing is hard. It doesn’t matter if it’s computer code, a story, or an email. And the interesting part is, no matter what you’re writing, it’s hard for the same reason. It’s tough to transport yourself from the mind of a writer to the mind of a reader. I recently listened to an older episode
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The Patriots, the 49ers, and one way sports is different than business

You want a proven path to innovation? Find good ideas in one context, and try to apply them in a different context. The Wharton School gives us some examples: At Reebok, the cushioning in a best-selling basketball shoe reflects technology borrowed from intravenous fluid bags. Semiconductor firm Qualcomm’s revolutionary color display technology is rooted in
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Big corporations and Robinson Crusoe have opposite problems

I’m reading The Dao of Capital by Mark Spitznagel. The main idea of the book is that in order to win in the long term, you have to lose in the short term. You have to follow a “roundabout” path to success. Spitznagel’s telling of the story of Robinson Crusoe To demonstrate his point, Spitznagel uses
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How does NVIDIA make money?

About a year ago, NVIDIA’s stock was trading a little under $30 per share. Today, it trades for over $100 per share. That’s a 250% jump, compared to a 19% increase for the S&P 500. What’s going on? In short, NVIDIA is using its top notch graphics processors to do a whole lot more than
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