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How do you get better at understanding — and therefore doing — business?
The skill of capital allocation — a mysterious, under-discussed element of remarkable business performance.
A pretty useful lens for when a business activity is easy to measure, and when it is not. Part of the Becoming Data Driven in Business Series.
Two principles on collecting data, from the field of Statistical Process Control. As with most principles in SPC, this is both simpler and more important than you might think.
What a puzzle from Charlie Munger tells us about a supply-side business model with unreasonably high returns.
What a famous investing framework — part of the modern canon of value investing — tells us about the expertise of capital in business.
What it looks like when you come up with a diagnosis for your business, a thing that is necessary for strategy.
How Lee Walker overcame Dell's biggest growth plateau in 1986. A story about capital, imagination, and creative deal-making.
Two personal stories of capital expertise 'in the small' — or why financing creativity can be just as important to smaller businesses, as it is in larger, more sophisticated ones.
What, exactly, is the skill of capital? What does it consist of? How do you recognise it? We walk through three stories, and then talk about the shape of the skill in practice.
A technical overview of how I'm applying the methods and ideas of the Becoming Data Driven in Business series.