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Elasticity
Marketing · 3 min read Elasticity is the measure of how much customers change their behaviour when prices change. Some products are tightly tied to the price tag. Others barely...
Elasticity
Marketing · 3 min read Elasticity is the measure of how much customers change their behaviour when prices change. Some products are tightly tied to the price tag. Others barely...
Risk and Return
Finance · 3 min read The fundamental trade-off in finance: investors require higher potential returns to compensate for taking on higher levels of risk. Simple to state, mathematically precise, and...
Risk and Return
Finance · 3 min read The fundamental trade-off in finance: investors require higher potential returns to compensate for taking on higher levels of risk. Simple to state, mathematically precise, and...
Net Present Value
Finance · 4 min read A dollar today is worth more than a dollar a year from now. Net Present Value is the math that lets you compare them honestly....
Net Present Value
Finance · 4 min read A dollar today is worth more than a dollar a year from now. Net Present Value is the math that lets you compare them honestly....
Disruption
Strategy · 4 min read Disruption is one of the most overused and least understood words in business. Most things called disruptive are not. The real version is rarer, slower,...
Disruption
Strategy · 4 min read Disruption is one of the most overused and least understood words in business. Most things called disruptive are not. The real version is rarer, slower,...
Network Effect
Strategy · 3 min read A network effect is when each new user makes the product more valuable for every existing user. It is the rarest and most powerful moat...
Network Effect
Strategy · 3 min read A network effect is when each new user makes the product more valuable for every existing user. It is the rarest and most powerful moat...
Moats
Strategy · 3 min read A moat is the structural barrier that protects a business from competition. Warren Buffett popularized the term. The idea is medieval. The lesson is that...
Moats
Strategy · 3 min read A moat is the structural barrier that protects a business from competition. Warren Buffett popularized the term. The idea is medieval. The lesson is that...