Practice Evolution
Thinking biologically about Constellation Software and the VMS central nervous system
In a famous 1994 speech, Charlie Munger dropped a nugget of wisdom that most MBA programs still haven’t fully digested. He said that when one think’s biologically you can gain insight and an edge.
He was not talking about biotech stocks or lab results. He was talking about something he called practice evolution. This is the idea that over decades, a comp…
