What You Need to Know Today: November 26
Good afternoon, Early Risers!
Here’s what you need to know
TECH
“The Day I Became a Millionaire” is the first story I’m going to share with you today. Fitting for Thanksgiving, don’t you think? I didn’t think so either, but there are two quotes from this story I think you’ll like. “The best things in life are free. The second best things are very, very expensive.” — Coco Chanel. “While the quote above rings true, I’d add that the difference between the best things and the second best things is far, far greater than the difference between the second best things, and the twentieth best things,” says David Heinemeier Hansson, creator of Ruby on Rails, and founder & CTO at Basecamp. To all our American Daily Brief readers, Happy Thanksgiving. I hope you are thankful for the best things in your life today.
WANTED: looking for someone to bring to family events so they’ll stop thinking something is wrong with me. “‘Have you ever been in love?’ The baby-faced chief executive had designed Hinge, which was a new dating app. My question was an obvious throwaway. Justin looked stricken. No one, he said, had ever asked him that in an interview. ‘Yes,’ he finally answered. ‘But I didn’t realize it until it was too late.’ Then he asked me to stop recording. I hit Stop.” If you thought your extended family was bad, this prying journalist tries her best to play cupid with the founder of Hinge, and the result is shocking. Full story.
CAREER
Can you solve this person’s problem? “It’s one of the things I get questions on over and over again from people who read my blog — ‘I want to buy a rental …’ says David Weliver, the founding editor of the Money Under 30 website. ‘But I don’t know how many people are actually making it work.’” There’s a growing number of millennials making rental real estate work for them — and there’s a growing number interested in investing in rental properties, but don’t know where to start. If you’re a millennial and have experience buying and selling rental real estate, I want to hear from you. Contact: daily@earlytorise.com.
Golden State Warriors and the new 80/20 rule. In highschool I played basketball for the top AAAA school in our district. We always made the finals. That was until my last year when the school that always came third — beat us. Then they beat us again — and we got knocked out of the finals for the first time in 8 years. Our team and coaches were livid. This team was not better than us. They were not bigger than us. And they definitely were not as deep as us. But they knew something we didn’t. They knew how to leverage their 20% that was bringing them 80% of their results on the court. If you’ve been following the Golden State Warriors “episodic” run to open the NBA season, you’re witnessing the 80/20 rule in effect. “They know that 3-pointers are the best way to rack up points on offense, so they developed talent and tactics to master that,” says Kirk Goldsberry, “How the Golden State Warriors are Breaking the NBA.” The team that upset our team took a similar tactic. They had two players who were absolute studs from behind the arc. One game we counted — and they shot a combined 61 shots. Steph Curry averages 21 field goal attempts per game. These guys were shooting close to 30 attempts. Ball hogs? Yes. Did it work? Yes. This team was taking the 80/20 rule and cutting it in half — following what Craig Ballantyne calls the new 80/20 rule.
+ Even ballet dancers are in awe of Steph Curry’s moves. (NYT)
LIFESTYLE
“‘I was once on the telephone with Blockbuster Video’ is a very old fashioned sentence.” — John Mullaney. Every failure brings lessons. The video rental industry is no exception. Vox’s Dennis Perkins gives us an inside look at what really happened to video rental stores.
Read this before you eat turkey. You know that half-truth about how tryptophan in turkey makes you sleepy? Well, here’s what happens to your body when you eat turkey. Nom responsibly.
+ Here’s how to make every day Thanksgiving.
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#NOWYOUKNOW
Why you shouldn’t use a period in text messages… Your english teacher will love this… 😉
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