as you get older, the amount of the known gets smaller - Auren Hoffman
" "as you get older, the amount of the known gets smaller
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Auren Raphael Hoffman
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Additional quotes by Auren Hoffman
great recruits are either high alpha, low beta.
High alpha means high, compounding impact/returns. Low beta means low risk and volatility. As an investor or employer, you want both—but they rarely coexist. High-return assets usually come with higher volatility, while low-volatility assets tend to deliver lower returns.
Big companies optimize for recruiting low beta people: predictable, repeatable outcomes with minimal volatility. Start-ups are more likely to focus on spiky high-alpha people.
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