Permanent Equity: Investing in Companies that Care What Happens Next

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The Ultimate Weakness for Large Companies…

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Like risk of loss and risk of gain, entropy and growth are kind of the same thing just reversed. Except growth causes entropy and entropy causes growth. In other words, by trying to grow, you will create problems, but solving problems will also cause you to grow. And if you think about it that way, acknowledging nothing is forever, then all of those problems unsolving themselves all of the time will become a source of delight rather than frustration.

— From They Blew Up the Bridge…Again

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