notes-strategy-strategy

young strategy:

• (basically the opposite of the points in 'old strategy', below)
• somewhat related to r-selection ( http://en.wikipedia.org/wiki/R/K_selection_theory )
• examples: young people, young companies

old strategy:

• risk-averse
• capital-intensive
• low-margin
• can hold on for a long time / large buffer
• focused on attacking the competition
• makes decisions based on evidence
• worry about reputation
• somewhat related to k-selection ( http://en.wikipedia.org/wiki/R/K_selection_theory )
• examples: old people, old companies