Toby Stuart
๐ค SpeakerAppearances Over Time
Podcast Appearances
I mean, the brutalist is an amazing film.
Yeah, yeah.
But what you do then is you evaluate the person or the institution or the organization that's affiliated with the product rather than evaluating the product itself.
And that's what a signal is.
We do this endlessly.
And when we do that, we change how markets function.
This is a status thing, right?
Because what we're often looking for is some kind of pedigree, you know, in whatever context we're in with the producer of the object.
And we're making an evaluation based on that pedigree rather than the actual product or service, right?
So I don't know if the orthopedist is good.
I know that Harvard Medical School is supposed to be good.
This is my daughter, and she's young at the time, and you don't want a goldfish corpse on your head.
This is a problem.
You don't want to deal with this problem.
And so one of them had this tiny advantage.
But because that one got more food, it grew.
And with the growth, its advantage increased because it got much larger, much faster.
Then it's a totally unfair.
It's David versus Goliath at this point.
So I literally would sit there at the fish tank.