Matthew Ackerman

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“Extreme specialization is the way to succeed. Most people are way better off specializing than trying to understand the world.” – Specialization is the key to survival in any species, and it is the key to success in any business. Specialization protects us from the competition. Why? Because specialization presents a barrier of entry to the competition—and the more difficult it is to become specialized, the greater the barrier. If all we do is what everyone else does, we will spend our lives competing head on with everyone else. But if we specialize in something and excel at it, the ...more
Tao of Charlie Munger: A Compilation of Quotes from Berkshire Hathaway's Vice Chairman on Life, Business, and the Pursuit of Wealth With Commentary by David Clark
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