Don’t ever forget where you came from, but always be looking where you’re going.
Micky Malka (Capital Herder and Team Finder) on a recent conversation with Patrick O’Schaughnessy on Invest Like the Best podcast.
OverHeard
Overheard : India 1-2-3
Great discussion between Jim O’Shaughnessy and Sajith Pai on the India as a market in the Infinite Loops Podcast. Sajith did a great job describing India as a combination of three markets and not a monolithic market of 1.5 billion people.
India is not a 1.5-billion-person market that many Westerners believe. Instead, it’s three distinct “countries” hiding in plain sight. There’s India One: 120 million affluent, English-speaking urbanites (think the population of Germany) who love their iPhones and Starbucks. Then comes India Two: 300 million aspiring middle-class citizens who inhabit the digital economy but not yet the consumption economy. Finally, there’s India Three: a massive population with a similar demographic profile to Sub-Saharan Africa, that’s still waiting for its invitation to join India’s bright future.
Highly recommend checking out the podcast and this report (on Indus Valley – a play on words comparing the market in India to the tech market in Silicon valley) that Sajith and team put together.
AI & Humans
AI will not replace humans but humans who use AI will replace humans that don’t – Dr. Fei-Fei Li
Overheard : Leadership
Leadership isn’t about being the hero. It’s about empowering your team to become heroes themselves.
Google Gemini
For folks that are driven, wired to see an issue and tackle it head-on, it is difficult to not jump in and “try” to help your team whenever they run into an issue. But the reality is that most folks are capable, creative individuals. They just need the space to flex their own problem-solving muscles.
If you team has the skills and experience, let them handle it :-).
Overheard : On brilliance
Avoiding Stupidity is Easier than Seeking Brilliance
– Shane Parrish rewording Charlie Munger
Overheard : On wisdom
Wisdom is turning your future hindsight into your current foresight
– Shane Parrish
Overheard : On practice
A quote from Japanese philosophy repeated by Coach Paul Assaiante on practice
You cry in practice and you laugh in competition
Overheard : On action and feeling
The way we act determines how we feel way more often than the way we feel determines how we act.
Seth Godin, in a chat with Tim Ferriss
Overheard : On strategy and talent
Strategy without talent is helpless and talent without strategy is hopeless.
Gary Burnison (CEO Korn Ferry)