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Essay · 12 min
Letters on compounding, № 7
Opinion · Ridgeway survey
Taste is the compounding asset — skills depreciate, judgment doesn’t.
The author’s hiring rule after two decades of funds: tools change every five years, but the people who notice the right things keep getting more valuable. Taste, here, means calibrated judgment — knowing what good looks like before the metrics agree.
From the source
“Every skill I hired for in 2015 is automated today. Every judgment call I hired for still isn’t.”
Amara · 2h ago
Half agree — taste still needs reps. You can’t notice what you’ve never built.