With power law distributions, a few cases account for most of the total result. Given a big power law distribution, you want to be fairly concentrated. Here is the evidence. Peter Thiel, described as the Don of the PayPal mafia and one of the best startup investors, states that the biggest secret in venture capital...

“The only function of economic forecasting is to make astrology look respectable.”– John Kenneth Galbraith, famed Economist “The growth of the internet will slow drastically, as the flaw in Metcalfe’s Law becomes apparent; most people have nothing to say to each other! By 2005 or so, it will become clear that the internet’s impact on...