... why you even began using this.

Yeah, so this whole story begins with, with my health, actually, and the fact that I have a genetic disorder that manifests in many different ways.

And one of the ways it manifested is that I started to have, uh, trouble with my vision, my binocular vision, coordinating my eyes, like, in my late teens.

And so it was annoying and a problem, but it advanced, and eventually, by the time I was in my mid-20s, I just could not do activities that required, like, a high degree of coordination with your eyes.

So the number one thing, activity, is reading, um, because that's all reading is, is just close tracking.

And so this was particularly devastating for me, not being able to read, because, um, I was a kid who grew up, like, with my head in a book, I mean, almost constantly.

I, I felt so much more at home in the world of books and literature that that felt like my native habitat.

Hmm

And once Will caught wind of it, it gave him an idea.

It occurred to me after a while that the only time that I felt the same absorbing, immersive experience that you get from reading is in dreaming.

And then I started to think about all the parallels between those two activities.

In both of them, you're physically immobilized and still.

You're imaginatively in flight.

And because I was familiar with Dormio, I started to wonder if I could use Dormio to simulate the reading experience, if I could program my dreams with literature.

While these experiments didn't create the simulated reading experience that he'd hoped for, Will says that they instead allowed him to discover a new form of writing.The dreams that he experienced have become the basis of a short story collection called The Taste of Rain in Buenos Aires, being published later this year.

One of the things that I discovered that I didn't expect was that dreaming can be a life raft for somebody who is immobilized, which I mostly am at this point.

What's your process to sort of learn and upskill?

So I guess I'll preface this by saying the types of companies that we are looking for and the way our investment process works is we are very vigilant around our circle of competence and what we do and don't know.

And ultimately, any company that is going to require us to spend six months learning chemistry or rockets or, you know, any kind of incredibly complex topic is actually we would just screen that out and say that it's too difficult.

And so, an important thing here is for us as investors of Fairlight is we're not aiming to have an informational edge on other people or we don't go out to try to get superior investment results by knowing more or being smarter than other people because I guess we don't think we're good enough to do it.

What we want to do is have a decision-making edge.

So, the idea is that we can take all the information that everybody else can and then make a better decision using that information.

And so, that being said, when you think about the businesses we own, so... one of the largest paint manufacturers in the US, trucking companies, which we've talked about before, things like online classifieds, all these businesses, ultimately, making and selling paint is not that complex.

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