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David Heinemeier Hansson is the founder of ruby on rails, partner at 37signals, and co-author of Rework.

Pretty standard stuff for DHH really, planning is guessing etc etc, still it’s an interesting talk, particularly if you haven’t read/heard him before.

Always like hearing the “go small” spiel, applies in so many different places, two quotes from Warren Buffet:

• “I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over. “
• “If I was running $1 million today, or $10 million for that matter, I’d be fully invested. Anyone who says that size does not hurt investment performance is selling. The highest rates of return I’ve ever achieved were in the 1950s. I killed the Dow. You ought to see the numbers. But I was investing peanuts then. It’s a huge structural advantage not to have a lot of money. I think I could make you 50% a year on $1 million. No, I know I could. I guarantee that. “

I think that’s a pretty similar sentiment to what DHH says “one million dollars is a lot if it’s all going into your bank account”, and yet Warren Buffet has nothing to do with software (famously avoided the tech bubble), just happened to realise the same thing.