Dialogue. A New Mental Model: The Piton Network
Listen now
Description
Charlie Munger talks about the Latticework of Mental Models and how having exposure to many different disciplines helps gain insight into problems. Key to connecting different disciplines though, is the metaphor.  This week, on The Synopsis, we talk about our two Piton Network business philosophy pieces. The Piton Network is our attempt to create a metaphor that furthers investors and analysts understanding of business and strategy.  Our first memo is The Piton Network: Decisions that Simultaneously Support and Limit the Future Decision Space. You can read it here.  Our second memo is Meta-Optimizations: Knowing When a Business is Operating from Strength or Weakness. You can read it here.  -*-*-*-*-*-*-*-*-*-*- Show Notes (0:00) Intro (1:00) What is a Piton (4:21) Decision Clusters, Southwest (11:03) Floor & Decor, Copy Cats, Lowes  (17:53) Amazon vs Wal-Mart delivery  (20:22) Jim McKelvey's Innovation Stack, Square vs Amazon  (24:37) Pulling Out Pitons, Netflix  (32:28) Ford vs Tesla, Complexity, Piton Network vs Value Network  (43:35) Value of Metaphor -*-*-*-*-*-*-*-*-*-*- Become a Speedwell Member here to gain access to all of our in-depth research reports: https://speedwellresearch.com/subscribe/ Sign up for Speedwell's free newsletter: https://www.speedwellmemos.com  Mentioned Links: Speedwell's First Consumer Hierarchy of Preferences Memo Follow Us: Twitter: @Speedwell_LLC Threads: @speedwell_research Email us at [email protected] for any questions, comments, or feedback. -*-*-*-*-*-*-*-*-*-*- Disclaimer Nothing in this podcast is investment advice nor should be construed as such. Please see our full disclaimers here:  https://speedwellresearch.com/disclaimer/
More Episodes
On this episode we talk about Meta, Evolution, and their 1Q24 results. Check out our full company episodes on Meta and Evolution below if you haven't already!  Meta Company Episode: Apple, Spotify Evolution Company Episode: Apple, Spotify A written update on Meta's 1Q24 results can be found...
Published 05/01/24
In this episode of The Synopsis we read our weekly Speedwell Research memo. If you prefer to read instead of listen to the memo, you can find access to the article below. This weeks memo is a business update on Meta.  Memo Link:  https://www.speedwellmemos.com/p/meta-1q24-business-update ...
Published 04/26/24