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Cedric Chin: What Operators can Teach Investors, the Study of Expertise, Knowledge Shields, and More (Podcast #10)

Liberty's Highlights

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The Power of Consolation

There are two kinds of sales that you've got to do if you run one of these. And it's like, there's the IP that's kind of like, you know, the knowledge and the brains of all the employees. There's the sales side because you got to- Sell the firm to outsiders and to also to the talent,. That's true, yeah. It feels like- But then I'm also wondering, everywhere I look, it's all power laws. So is it the same with these firms where, if you're lucky, you become a kind of shelling point for your niche?

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