Well known for “Cigarette butt” investing - fairly good/lucky at handpicking valuable risk-reward plays; “How to think & invest like Warren Buffet early days?”
I recently spent a month in Asia, including 10 days in China, where I met with senior policy makers in several countries, and I found that over the past few months, there has been a big shift in the world order. I share my perspective in my latest article.
As always, I welcome your questions and thoughts.
Warren Buffett: “If you invest in a stock, you must be mentally ready to watch it drop 50% or even more.”
Buffett saw his $AXP drop by 83% from its highs during the 2008 crisis. He didn’t sell a single share.
It’s now a 44x position for him.
Staying dead calm is what it takes.
this is a e-newsletter from major grocery store in Singapore - when your marketing agency doesn’t vet their campaigns before publishing, shit like this invite trouble.. anyone spot the issue?
#Singapore#CreativeDesign#Marketing#agency#fairprice#NTUc
this is a e-newsletter from major grocery store in Singapore - when your marketing agency doesn’t vet their campaigns before publishing, shit like this invite trouble.. anyone spot the issue?
#Singapore#CreativeDesign#Marketing#agency#fairprice#NTUc
Miners are rushing to encash before crypto winter hits, that’s so they have sufficient runway till next cycle. this wk #Microstrategy had one of é smallest purchase ever despite bitcoin being discounted, goes to shows how bad next selldown would be
#btc#bitcoin#eth#Ethereum
Haters can just continue to hate, long came warning #avax will drop to single digit..
There’s just not enough organic growth (due to limited community contribution & effort), marketing/partnership effort remains too surface; lack of inflow
#btc#Solana#Bitcoin#xrp#TRON
Haters can just continue to hate, long came warning #avax will drop to single digit..
There’s just not enough organic growth (due to limited community contribution & effort), marketing/partnership effort remains too surface; lack of inflow
#btc#Solana#Bitcoin#xrp#TRON
CZ Binance really just unblocked me to DM that he’s sending me a cease and desist order because I made a post saying I think Binance is secretly insolvent.
This is definitely something a totally solvent, safe, and secure exchange would do. Not suspicious at all!
Most people have no idea what it actually takes to be a founder. They talk about vision, grit, or passion. Those words are props.
What you really sign up for is a life where every decision feels like it costs something real. You will spend years being misunderstood. By your team, your family, even the people you hire to help you. You will fail in public and still need to keep the energy up in private. Every founder lives with the weight of knowing that you can do everything right and still get crushed by luck, timing, or somebody else’s mistake.
Founders aren’t braver than anyone else. They just get used to uncertainty, then stop waiting for clarity. Most of your wins won’t feel like wins at all. The first revenue will be too small. The first team will outgrow you or leave. The first product that feels right will barely matter to the market. You will doubt yourself in private, sometimes every week. The founders who last figure out how to keep moving while the ground shifts underneath them.
Most outsiders want the founder badge but none of the scars. They want the upside, not the drag. The hardest part is sticking around after every plan gets blown up and you have to rebuild with less optimism and more scar tissue. What makes it work isn’t relentless hustle or some mythical trait. It’s learning to make peace with constant discomfort, and then making decisions anyway.
If you need constant reassurance, you’ll give up before the real work begins. If you want everyone to like you, you’ll never make the calls that matter. If you can’t handle months where nothing feels certain, this life will eat you alive.
But if you can hold your own in chaos, get better at being wrong, and still want to show up and try again, you just might have a shot at building something that matters.
That’s what it actually takes. And nobody cares until you make it work.
@elonmusk Dear Elon Musk,
How would you turn #CountryGarden around given distressed real estate sentiment in #China? Birth rate alone wouldn’t solve this break. Your valuable input would very much help the Chinese population, GenZ & millennials rethink their future asset move.
@elonmusk Dear Elon Musk,
How would you turn #CountryGarden around given distressed real estate sentiment in #China? Birth rate alone wouldn’t solve this break. Your valuable input would very much help the Chinese population, GenZ & millennials rethink their future asset move.