ContrariLand

I read the book “Eat People” by Andy Kessler ages ago and just came across my notes.  In the spirit of re-writing to inspire some thoughts:

• Beer and professional sports today are like bread and circuses that Caesar used to sedate the masses.
• Supply creates demand (Say’s law).  If we just worked from existing demand, there would be very little progress and innovation
• Kessler has this thesis that you invest around things that are getting cheaper.  So if you can find what is getting cheaper (e.g. broadband, televisions) then demand for those things will increase and new businesses will be created.  I like this and think is a useful question to ask periodically.
• If supply chains are unsteady, it can make sense to vertically integrate
• Vertical is an end of life cycle strategy, not appropriate for “free radicals” (his term)
• Intelligence moves to the edge of the network.  where is the edge?