The best predictor of success for tech companies, at every stage from during the YC batch to public company with billions in revenue, is the rate of … - Paul Graham

The success of Apple's new microprocessors (combined with Intel's failure) has upset a lot of people's predictions. It's pretty impressive for an established company to throw everyone a curve ball on that scale.

It’s easier to get people to fight for an idea. And whichever side wins, their ideas will also be considered to have triumphed, as if God wanted to signal his agreement by selecting that side as the victor.

The advantage of a medium of exchange is that it makes trade work. The disadvantage is that it tends to obscure what trade really means.