Evidence receipt / belief
Published · transcript-backedSpeaker unverified: belief
3 Nov 2021 Acquired Complexity Investing & Semiconductors (with NZS Capital)
“The way we think about it is we can wander around not knowing what we’re doing and waste 90% of that time.”
— Speaker unverified
Source trail
Everything needed to verify it.
- Speaker
- Speaker unverified
- Attribution
- Not verified from this transcript
- Claim type
- belief
- Recorded
- 3 Nov 2021
- Publisher
- Acquired
Transcript context
…Easier said than done. Easier said than done. Much easier said than done. I will just say one thing about our days. We get a lot of questions of how do you do this with a small company versus a big company? Part of it goes back to what we were talking about earlier. It’s easier to do research these companies now than it’s ever been. But the second piece of it is, yeah there are more details we have to deal with at times, but how much extra time would you have in your regular job if you only had two meetings a week and you never had to worry about office politics? My guess for most folks is it’s about 20 hours, so then how would you use that? Well, we just use it for unstructured research time. The way we think about it is we can wander around not knowing what we’re doing and waste 90% of that time. Ten percent might be really useful, and 1% might be absolutely watershed. That’s really all we’re looking for. But you can’t ever just get to the 1%. You have to wander around to find it. That’s how we really structure our days. And Brinton, that’s why you run for 24-plus hours straight.…
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