SatPost by Trung Phan

Thanks for subscribing to SatPost. Welcome to the new subscribers that joined from Tyler Cowen’s blog (for “11 Best Things of 2024”) and Tim Ferriss’ Five Bullet Friday e-mail ( “Jerry Seinfeld, Ichiro Suzuki and the Pursuit of Mastery”). I am a long-time fan of both and was honored to see their recommendations.

I have no idea who made this quote. It goes hard and the internet says Plato but the inspirational bathroom poster I bought from a Thai street market says it was Confucius, so I dunno.

Whoever said it, the quote kept popping into my head as I read into the history of Garmin, the hardware technology firm that makes GPS products for automotive, aviation, marine, outdoor, and fitness.

My interest was piqued by the company’s +63% stock performance in 2024, sending its market cap to an all-time high of $40B+.

It’s an impressive achievement when you consider that Garmin — which was founded in 1989 — almost got wiped out by huge challenges from Apple and Google.

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