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Read 31 business books this year. Three changed a decision I actually made. The other 28 were comfort food. The honest ratio is the whole review.

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Conviction is overrated; sizing is everything. You can be right twice in a row and still get wiped if you bet like you are certain. The people who last are not the ones with the best calls — they are the ones who never bet the firm on any single one.

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The supply chain is the story the glossy left out. Restraint is the real flex now. Everyone competing to be loud made quiet the only interesting position left.

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The shift in coverage from celebrate-the-disruptor to audit-the-disruptor is the healthiest thing to happen to business media in a decade. The adoration years handed us covers that aged, quietly, into indictments.

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