Ankesh
March 8, 2007, 12:39 AM
I was reading a speech by Charlie Munger (Warren Buffet's partner) and this sentence jumped at me:
For instance, a lottery.
* You have a lottery where you get your number by lot, and then somebody draws a number by lot, it gets lousy play.
* You have a lottery where people get to pick their number, you get big play.
How can you use that idea for your products?
Discuss...
For instance, a lottery.
* You have a lottery where you get your number by lot, and then somebody draws a number by lot, it gets lousy play.
* You have a lottery where people get to pick their number, you get big play.
How can you use that idea for your products?
Discuss...