Having Seen A Non-market Economy, I Suddenly

When I Was A Young Student, I Thought Grow-ups Would Come And Make Things Work. Now I Realize That Grown-ups Are Just Kids With Wrinkles.

The Nature Of Business And Government Has Been To Build A Surplus And Self-perpetuate, But The Internet Fosters And Rewards Smaller, More Fluid Organizations.

It's Not That You Have Jobs On The Internet, But The Internet Makes It Possible For More People To Build Their Own Jobs. What It Does Is, It Erodes The Power Of Institutions. It Used To Be You Needed An Institution To Have A Job. But, If You Look At The Three Of Us On This Show, I Don't Think Any Of Us Is Really Employed By An Institution. We Run Our Own Lives.

The Best Investor Is Your Customer.

Always Make New Mistakes.