Predicting the future is what human beings do. We create our internal models of the world in order to predict where we will find our next meal or where the next danger will emerge. Naturally, for investors this is fundamental to what they do. The best investors are able to find founders who are good at predicting the future. A great founder tells a compelling story about why their version of the future is the right one. The future that will, in fact, come to be. The future in which their company plays an outsized, epic role. And the younger the company, the crazier, more outlandish their story.
I love reading about the past because that helps inform us about what is likely to happen next. But the books below also inspire me to think deeply about what the world might look like in 5, 10, 20 years, and beyond. And this helps me decide what role I can play to orient that future in a positive direction.
The Undoing Project: A Friendship That Changed Our Minds by Michael Lewis
The behavior…
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Source : fastcompany.com
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