Wriston’s Law

Pretty cool online value conference coming up in a few weeks.  I wonder how quickly most of the conference biz will get disrupted by online ventures?  Outside of networking/happy hour (which isn’t insignificant I understand), there’s pretty much no reason to travel in person anymore.

Also, if you haven’t signed up for The Idea Farm, check it out, it’s free.  Great, great research piece this weekend.  Quote below:

Wriston’s Law of Capital can explain nearly everything: “Capital will always go where it’s welcome and stay where it’s well treated… Capital is not just money. It’s also talent and ideas. They, too, will go where they’re welcome and stay where they are well treated.”