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Arjun Subramanian
https://www.goodreads.com/arjunsubramanian
I do not attempt to present a formula in this book. Instead, I present my story and the difficulties that I have faced. As an entrepreneur, a CEO, and now as a venture capitalist, I still find these lessons useful—especially as I work with
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“Joe, please,” Toyoda said. Then he stepped over, took Joe’s hand in his own and guided it to the andon cord, and together they pulled. A flashing light began spinning. When the chassis reached the end of Joe’s station without the taillight correctly in place, the line stopped moving. Joe was shaking so much, he had to hold his crowbar with both hands. He finally got the taillight positioned and, with a terrified glance at his bosses, reached up and pulled the andon cord, restarting the line. Toyoda faced Joe and bowed. He began speaking in Japanese. “Joe, please forgive me,” a lieutenant translated. “I have done a poor job of instructing your managers of the importance of helping you pull the cord when there is a problem. You are the most important part of this plant. Only you can make every car great. I promise I will do everything in my power to never fail you again.”
― Smarter Faster Better: The Secrets of Being Productive in Life and Business
― Smarter Faster Better: The Secrets of Being Productive in Life and Business
“We come in peace. We don’t have imperial ambitions. We aren’t trying to dominate an industry or a market. We wish everyone well. To get ours, we don’t need to take theirs. What’s our market share? Don’t know, don’t care. It’s irrelevant. Do we have enough customers paying us enough money to cover our costs and generate a profit? Yes. Is that number increasing every year? Yes. That’s good enough for us. Doesn’t matter if we’re 2 percent of the market or 4 percent or 75 percent. What matters is that we have a healthy business with sound economics that work for us. Costs under control, profitable sales.”
― It Doesn't Have to be Crazy at Work
― It Doesn't Have to be Crazy at Work
“Over the long term, however, too much adrenaline produces scarring on the insides of your blood vessels. These scars become magnets for molecules to accumulate, creating lumps called plaques. These can grow large enough to block the blood vessels. If it happens in the blood vessels of your heart, you get a heart attack; in your brain, you get a stroke.”
― Brain Rules: 12 Principles for Surviving and Thriving at Work, Home, and School
― Brain Rules: 12 Principles for Surviving and Thriving at Work, Home, and School
“Work is finding yourself alone at the track when the weather kept everyone else indoors. Work is pushing through the pain and crappy first drafts and prototypes. It is ignoring whatever plaudits others are getting, and more importantly, ignoring whatever plaudits you may be getting. Because there is work to be done. Work doesn’t want to be good. It is made so, despite the headwind.”
― Ego Is the Enemy
― Ego Is the Enemy
“Ben Graham told a story forty years ago that illustrates why investment professionals behave as they do. An oil prospector, moving to his heavenly reward, was met by St. Peter with bad news. “You’re qualified for residence,” said St. Peter, “but, as you can see, the compound reserved for oil men is packed. There’s no way to squeeze you in.” After thinking a moment, the prospector asked if he might say just four words to the present occupants. That seemed harmless to St. Peter, so the prospector cupped his hands and yelled, “Oil discovered in hell.” Immediately, the gate to the compound opened and all of the oil men marched out to head for the nether regions. Impressed, St. Peter invited the prospector to move in and make himself comfortable. The prospector paused. “No,” he said, “I think I’ll go along with the rest of the boys. There might be some truth to that rumor after all.” —WARREN BUFFETT, 1985”
― Charlie Munger: The Complete Investor
― Charlie Munger: The Complete Investor
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Arjun’s 2024 Year in Books
Take a look at Arjun’s Year in Books, including some fun facts about their reading.
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451 books
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291 friends
337 books
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1,841 books
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1,121 books
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2,016 books
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2,013 books
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488 books
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