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I knew we’d wear them down,” Eve said. “After all, we really are amazingly cool.” And now it was Eve’s turn for the high five with Shane. “For a bunch of misfit geeks, slackers, and losers.” Which one are you?” Shane asked. She flipped him off. “Oh, right. Loser. Thanks for reminding me.
I read the Steve Jobs book, and that kind of changed everything. I've been, like, an Apple geek my whole life and have always seen him as a hero. But reading the book, and learning about how he built the company, and maintaining that corporate culture and all that, I think that influenced me a lot.
Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.