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Niko Canner

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54
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2020-02-25
most recent
2020-02-25
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1
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podcast

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  1. So let's contrast two time horizons. Here's the only time horizon in which we are actually able to act the present moment. And then the very long time horizon of what it means to give your life to something that is deeply important and that rewards cumulative achievement, doctor V sustained exponential growth that seems modest compared to a lot of today's enterprises something like fifteen percent for many, many years after an initial period of scaling when you compound that for a long time you get to the seemingly impossible like the achievements that I described. So part of what I find so powerful about this question of becoming the perfect instrument is that it bridges from the very long term

    2020-02-25 · Invest Like the Best · Niko Canner – Become a Perfect Instrument - [Invest Like the Best, EP.157] · IDENTIFIED FROM THE TRANSCRIPT · source

  2. Question that is most deeply resonant, he frames as how do I become the perfect instrument? Part of what I find so beautiful about that question is to even ask it, you must begin with a question of instrument of what? And then the inquiry can begin.

    2020-02-25 · Invest Like the Best · Niko Canner – Become a Perfect Instrument - [Invest Like the Best, EP.157] · IDENTIFIED FROM THE TRANSCRIPT · source

  3. That's achieved a mixture of quality, cost, and innovation that you would think couldn't be achieved. And they've done all of this without taking a dollar of philanthropy into their core operations, even though the majority of patients that they serve either for free or for extremely reduced costs, and they have a cross-subsidy model where some patients pay a good deal for a slightly smoother version of the patient experience, and that floats the whole organization. So Dr. V built the organization. It continues in full force today, and he's to me a kind of personal emblem of what it means to be able to be in pursuit of the seemingly impossible.

    2020-02-25 · Invest Like the Best · Niko Canner – Become a Perfect Instrument - [Invest Like the Best, EP.157] · IDENTIFIED FROM THE TRANSCRIPT · source

  4. So, Dr. V is somebody who achieves something that any sane person would think is impossible. In his mid fifties, he founded an organization called Aravind, which was originally an eleven bed hospital in Maderai in the south of India, focused on addressing curable blindness from cataracts, and over the course of thirty something years he built an organization that treats a volume of patients equivalent to about three quarters of the entire UK national health system, but at one percent of the cost, and their outcomes are as good as leading academic medical centers in the US. They're so good that it is the leading destination for Harvard Medical School residents in ophthalmology. So a truly incredible organization.

    2020-02-25 · Invest Like the Best · Niko Canner – Become a Perfect Instrument - [Invest Like the Best, EP.157] · IDENTIFIED FROM THE TRANSCRIPT · source