adamlangsner
Joined 16 years ago
Joined 16 years ago
It lives on an S3 bucket and stores the data in local storage.
It’s a catchy headline but very misleading. Buffett has done a good job outperforming the market for the past like 50 years (idk the exact number but something like that. He reads through tons and tons of financial disclosures to understand how businesses operate and find businesses that are undervalued by the market, then snatches them up. It requires a lot of reading, learning and an incredible amount of patience and self control.
It’s a bit unfair to compare woth a hamster or monkeys and dart boards or anything like that. Yes the random picking of stocks or crypto’s or whatever can beat a lot of asset managers that don’t really know what they’re doing, but Buffett is different and has a track record to prove it
You are spot on. I actually built TweetSpacer because there are lot of existing players in the market.
I've spent 2.5 years building "original" products that never made me any money.
So I decided to try something totally different this time, I decided to go into an existing market and just put my spin on it and produce a product with good build quality.
I figure the market for social media automation tools is monopolistic and so I think that if I make a good product, talk to customers and carve out a niche I could have a small business.
It may not work. It could blow up in my face. But so far it's the first thing I've made that's generated any revenue. Not much yet, but it's better than the $0 I was stuck at for so long.
I used to loathe the idea of making something that's already out there, but I kept thinking about pepsi. Why does pepsi exist? I still don't know why. I like coke. But I think it's ok to have multiple proudcts that achieve a similar task. There's lots of dimensions you can compete on.