26 March 2014

Black Swans, Domain Names, Domaining

Larry Page and Sergey Brin studied computer science at Stanford University ... They cofounded the company Google. On one occasion they tried selling the company for $1 million. The buyer refused telling that the price was too high. As of today Google controls 66.7% of the search market and the company is valued at $355 billion. (source infra)

The Black Swan | Seeking Wisdom: "Remember that positive Black Swans have a necessary first step: you need to be exposed to them. Many people do not realize that they are getting a lucky break in life when they get it ... I am sometimes shocked at how little people realize that these opportunities do not grow on trees. Collect as many ... non-lottery tickets (those with open-ended payoffs) as you can, and, once they start paying off, do not discard them. Word hard, not in grunt work, but in chasing such opportunities and maximizing exposure to them."

So how many potential positive Black Swans (domain names) do you own?

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