illiquid@lefttailguyA corollary to this that I've noticed is that the best firms tend to identify and coordinate shapes of talent that were previously illegible to the market in which they operate. Jim Simons with PhD physicists, for example. Firms that have a differentiated theory of talent markets
illiquid@lefttailguythe ultimate private operating environment of course is direct read / write to the human brain. In the fullness of time, understanding which tangles of human / machine brains generate the most useful novelty--novelty that's likely to allow you to model more useful novelty in the