If you focus on near-term growth above all else, you miss the most important question you should be asking: will this business still be around a decade from now?

Every tech story is different. Every moment in history happens only once. All successful companies are successful in their own unique way. It's your task to figure out what that future history will be.

People don't want to believe that technology is broken. Pharmaceuticals, robotics, artificial intelligence, nanotechnology - all these areas where the progress has been a lot more limited than people think. And the question is why.

Higher education holds itself out as a kind of universal church, outside of which there is no salvation.

Forget startup companies. The next frontier is startup countries.

Value investors look at cash flows. If a company can maintain present cash flows for 5 or 6 years, it’s a good investment. Investors then just hope that those cash flows - and thus the company’s value - don’t decrease faster than they anticipate.

What valuable company is nobody building?