What Should We Do About Power Laws?

Fellow Partners,

“What should we do about power laws?” is one of the most common questions I receive.

Power laws have become a multi-year exploration that will result in a book on the topic next year. Fund partners will be the first to receive copies once available.

In the interim, I shared a preview at a recent gathering and recorded it here.

It covers:

• A simple visual framework for thinking about power laws

• Power laws in humanity, languages, attention, thoughts, markets and investments

• How we can change our expectations and actions

• A simple framework for action

We will also continue our essay series on the topic. Part 1 and Part 2 are published. Part 3 and Part 4 are forthcoming.¹

Thank you for the continued opportunity to compound trust with you.

As always, please reach out any time.

All the best,

John

Founder and Managing Partner

Phronesis Fund | john@phronesisfund.com | Disclaimer

1. Part 1 argues that the world is ruled by power laws, not averages.

Part 2 argues that economy of time is the primary force behind power laws.

Part 3 (forthcoming) will define cognitive leverage and how to spot power law potential.

Part 4 (forthcoming) will offer principles for operating in a world ruled by power laws.