a day ago
- Author admires Japanese multi-generational businesses dedicated to craft, where perfection is unattainable.
- Slow, consistent investment over years is essential for creating beautiful things; instant gratification undermines this.
- Longevity in business comes from growing slowly or not at all and choosing to stay small.
- The fisherman and businessman parable shows that bigger is not always better; chasing status over contentment is a trap.
- Smaller, slower-growing companies are less risky, less fragile, and less stressful.
- Author runs Bear with this philosophy: sustainable growth, no leverage, and control over direction.