Kaz Nejatian

speaker
618 appearances 1 recordings 1 series first heard Jul 2026 last heard 21 Jul

Kaz Nejatian’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

Appearances

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Same with Amazon, same with Google, because before these things existed, everyone thought the market was smaller because there was so much friction in the market.
When you reduce friction in a system, you just get a lot more of whatever you reduce friction on.
Right.
And if you look at the Opendoor parallel, before I got to Opendoor, from the time you entered your address into our homepage, the time you got an offer, there'd be 11 people in the path, many, many days, many, many processes, many, many docs.
All of it friction.
And every one of these we removed increased demand.
We're buying six to seven times more homes this week than we did last year this week.
And it's almost entirely because we reduce friction.
The second one is like the map is not the train, which is like,
I find the one that I wish I could teach corporate America.
I think Hayek is just genuinely underappreciated.
He gave a speech called Pretense of Knowledge.
But the entire speech is basically about this idea that all of us confuse the map for the train, for a train to affect the land.
If you were...
in Europe, pre-discovery of the New World, you would look at a map from an expert and trust it.
Right?
Yeah.
Because everyone did.
It just so happens that unless you recognize you're looking at a first derivative of a fact, not the actual fact...
you almost always will build models of the world that end up drifting from reality.
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