A while ago I’ve written an essay about What People Don’t Understand About Tesla. This piece is a continuation of this exploration. Tesla is currently valued at 10x Price-to-Sales, and Trailing Twelve Months Price-to-Earnings of 743. This makes Tesla grossly overvalued, right? In the short term, definitely yes. But is there a way this valuation…
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The Hedgehog Concept
A useful tool to find your mission in life is the Hedgehog Concept, developed by one of my favorite business thinkers, Jim Collins. It’s very simple. Find the intersection of the following three circles What are you deeply passionate about? What can’t you stop thinking and talking about? What can you be the best in…
Coach in Your Pocket
During lockdown, I started going outside to work out. About five times per week, first thing in the morning, for 30 minutes. First I used YouTube, which I found it too cumbersome to find good workouts. After hearing good things about Freeletics, I decided to give it a try. Now, three months later, I really…
Sleep Tracking: My Oura Ring Review (After Two Years)
I have been using the Oura sleep tracking ring for almost two years now. I immediately fell in love with the form factor, as I can’t stand watches or bracelets. When do I wear it? I used to wear it all the time, but then switched to night-only. I’m not interested in tracking my steps…
Use Water, Not Toilet Paper
I’ve stopped using toilet paper one year ago. Why are we so obsessed with toilet paper? Does it really make sense to cut down trees, manufacture paper by truckloads, only to flush it down pipes, then filter it out again and burn it? Turns out, the majority of the human population is using water, not…
Jim Collins: 10 Suggestions for Young People
1. Build a personal board of directors: based on character, not accomplishment. Mentors you don‘t want to disappoint. People on your board don’t need to know that they are there. 2. Study yourself like a bug: what is this bug? What is this bug genetically encoded for? It’s all about non-judgemental empirical observation. Define your…
Time in Bed vs. Time Asleep
Time in bed doesn’t equal time asleep. Just because you’ve been in bed for 7 hours doesn’t mean you slept for 7 hours. It’s more likely that you slept 6. Based on my Oura Ring, my own difference is 30 to 60 minutes per night. This led me to the following rule: Allow a 1…
What I Learned About Sales (or “How to 4x Revenue in One Year”)
Backstory When building my influencer marketing startup Trigami, our idea was simple: we build a self-service marketplace, customers will come on their own, and we will be in the middle, collecting our fees. Simple. The reality turned out different. Our customers wanted someone to guide them, do as little work as possible, and reap the…
Cutting Your Own Hair
Dear barbers, I’m sorry, I won’t come back anytime soon. A while ago, I started cutting my own hair. Then during lockdown, this new habit suddenly became even more useful. First, I purchased the Hatteker Hair Trimmer 3-in-1: An excellent hair and beard trimmer. It’s cordless, waterproof, and the rechargable batteries are replaceable. Then, I…
Takeaways From Warren Buffett’s 2020 Berkshire Hathaway Shareholders Meeting
As every year, I enjoyed watching the Berkshire Hathaway Shareholders Meeting. (Here are my live-tweets.) Here is what I learned this year: Remember that cash has option value Berkshire currently holds $125 billion in cash. They have not spend any of it this year. First, Buffett seems to be quite cautious and conservative at this…