Alpha Beta Blog
Published in

Alpha Beta Blog

Photo by Greg Bulla on Unsplash

The Best Explanation Of Silicon Valley I’ve Seen Yet

The Alchian-Allen Effect

I ran into this explanation of the Alchian-Allen Effect (let’s shorthand it to the AA Effect) on Byrne Hobart’s blog. It’s an excellent explanation of how certain regions (with luck and the right characteristics) can attract a critical mass of companies from a particular sector, ultimately dominating that sector, and how the high…

--

--

--

An attempt to unravel the mystery of stock markets and make some profits along the way. Follow Alpha Beta Blog to join our community!

Recommended from Medium

The War for Talent

Here’s Everything You Need To Know About The Knightscope IPO

Nurture Investors as you would clients

Best Profitable Craft business Ideas

6 practical ideas to invest $1 Trillion in American entrepreneurship

How to Think About Financial Modeling Like a Pro

Attentive’s Brian Long explains the importance of talking to your customers

14 Amazon Leadership Principles that changed my life and can help your startup succeed!

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Tony Yiu

Tony Yiu

Data scientist. Founder Alpha Beta Blog. Doing my best to explain the complex in plain English. Support my writing: https://tonester524.medium.com/membership

More from Medium

$300,000 Is Not Paycheck To Paycheck In Silicon Valley

Will Google Dethrone A King

Is BOTZ the Best Robotics ETF? Here Are Reasons Why It Might Be

All That Glitters Is Not Gold (Including Gold)