The 100-year Strategy

Thank you for reading the High-Grade Newsletter!


Back in my gold mining days, the most high-yielding ore was termed, “high-grade”. We divided it out, kept it separated from the rest, and just processing a few hours of the high grade gold ore would produce more gold than months and months of processing the low grade material.


 My goal for this newsletter is to provide high grade material for the most resourceful and driven knowledge seekers that I know. I also enjoy sharing the things that I find myself learning throughout the week. Currently focusing on topics of health, orthopedic surgery, business, technology, and the future. 


Join the +20 High-Grade readers focused on continuous improvement and the love of learning: https://drewalbertmd.com/what-im-learning-newsletter/

Thought of the Week

“If the canaries keep dying, you don’t need tougher canaries”. 


– Dr. Simon Flemming’s response to this research article’s conclusion: “Further work is needed to identify traits that will allow us to select trainees who are more resilient or identify ways that we may increase resiliency in our trainees to reduce the risk of burnout.” (Link


What I’m Listening To

(Link) Awesome book on the founding of Patagonia and the principles that Yvon Chouinard has implemented to make Patagonia such a success. Thought provoking and awesome story that we all should be adopting lessons from. 


You can also listen to my and Dr. Massoll’s discussion on the book at: https://anchor.fm/physicianforge

What I’m Reading

(Link) Great thoughts on marriage by “The Profile” substack. Go on walks, talk things out, treat arguments like a negotiation staying calm, rational, genuine curiosity, focus on mini everyday gestures.


(Link) David Teten, CEO of S.O.P. Finance, a venture capital fund, and an advisor to emerging investment managers. Put together a list of launching managing a VC fund. Here are his 14 steps.


(Link) GPT-3 is an openai project that allows humans to communicate with machines in Simple English. So, it can create things just based on descriptions in normal language. You should check this out because it could really make many things in the realm of coding and tech, more accessible. The only thing similar is how you Wolfram Alpha allows you to type what math problems you want done in plain english.


(Link) Why Japanese Businesses Are So Good at Surviving Crises? Apparently, 40% of companies in Japan have remained in existence for more than 300 years. How is this possible? Empathizing with others. Dedication to responding to the needs of employees and community first. Focus on creating lasting changes in society over gaining superior profitability and shareholder value. Companies in Japan are thinking in the long-term. This is not the typical 5-10 year plan, this is the 100 to 200 year plan. With a vision to create the kind of future they want to see.


(Link) Founders guide by Ed Zimmerman’s venture capital class at Columbia Business School on startup legal issues and overlooking tax problems in the early days.


I have been looking for a program that I can easily save information that I come across for easy access later on. It would be ideal to have a program that can retrace your thoughts and send them to you for your review on a consistent basis. If you know of such a program that can do this please share it! Here are some platforms that have promise:

readwise.io

https://roamresearch.com

Mymind.com



(Link) Interesting article by Andrew Wilkinson, founder of Tiny Capital, The Berkshire and Hathaway of the Internet. Andrew explains how Warren Buffett has a competitive advantage when it comes to finding and making deals. This isn’t something that I would have expected. Buffett makes it really easy for those he does business with to accept a deal. Tiny Capital has attempted to emulate this process by looking at these key things when purchasing a business: Do they trust them, are the numbers roughly right, any big risks, and is the business straightforward?


If you enjoyed reading this, please share it with someone you think would be interested! 


Here is the link: https://drewalbertmd.com/what-im-learning-newsletter/


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