Howard Marks & Andrew Marks: Something of Value
Acquired
Judgment, Learning, and Passion in Decision-Making and Hiring
The evaluation of judgment is essential when looking at people's decisions based on their own learning, evolution, first principles, willingness to go against the herd, and passion stemming from specific knowledge; this applies to decision-making and hiring processes. It is crucial to deeply understand individuals' past actions and the reasons behind them to assess their judgment accurately. Additionally, testing for specific skills aligned with the hiring objectives is necessary. In evaluating founders for potential investments, a key criteria is whether they have unique expertise or capabilities that set them apart significantly from the average, as being average at everything would not lead to success in a startup.
Remember Everything You Learn from Podcasts
