The Lindy Effect and Beyond

This chapter examines the Lindy effect, suggesting that longevity can indicate future endurance for businesses, but not without the need for strong culture and vision. It highlights the complexities of valuing investments beyond financial metrics, using personal anecdotes to illustrate missed opportunities and the importance of understanding a company's operational essence. The discussion also touches on the subjective nature of value investing, the role of government, and the intrinsic value of money, advocating for a perspective that transcends traditional monetary systems.