Investor/Operator 12

Investor in public and private markets. Build quality, create value. Trying to beat Buffett

[dank @cptdankkk]

Tom Brady says the 28-3 Super Bowl comeback was a reflection of his whole career

“Go fight your ass off. You may lose this game, but you aint going down like a little bitch”

“What do you do when you're down 28-3? You take advantage of whatever opportunity you get. If we got one drive, we're going to try to take advantage of it”

“I felt my whole career was that way. I always felt like I was behind trying to catch up to other people. I'm always trying to fight from behind”

“I was 199. I was the seventh quarterback when I started at Michigan. I was the backup quarterback in high school on my freshman team that didn't win a game”

“I was a late bloomer. So I just bloomed a little late in that Super Bowl, too”

“Because we fought and because we overcame the adversity, it ended up being what could have been the worst game of my career and one of the worst blowouts in NFL history”

“Instead, it ended up being one of the best games of my career. When you're down, that's a great opportunity to come back”

[UFC @ufc]

🫡

[Chris Powers @fortworthchris]

Every CEO is under pressure to "get on AI." I asked John Owen (@jeowen) how he actually approached it at @flyairshare.

He spent months in ChatGPT before rolling anything out. Security came first. They wrote a legal AI policy and moved to an enterprise platform before employees touched it.

In this clip, John discusses what AI adoption really looks like inside an established company.

[Loofy @Loofyb0i]

Steve Cohen turned $23 million into a multi-billion dollar machine - then explained what he actually looks for in the people he hires

it's not the resume

"it's better to look s****d than be mediocre"

he said he hated his weekends and lived for his Mondays - that the ones who make it never stop trying to get better

19 min. free.
bookmark and watch it today

[The Long Investor @TheLongInvest]

Market about to rip your face off next week!

[Ryan @WritesToProfit]

Met a waiter at a steakhouse who probably adds $20k/mo to the restaurant.

Made me feel stupid because I thought he was just taking orders.

Legit assassin. No pressure in his voice ever. No fake smile. No hard sell. Controls the table like he’s done it 10,000 times.

He taught me something that changed everything about how I sell premium offers.

We sat down and my friend said he wasn’t going crazy tonight. Just wanted something simple.

The waiter looked at the menu, pointed at 3 steaks, and said:

“If you want a normal dinner, the sirloin is solid. If you care more about flavor, the ribeye makes sense. But if you came here for the full experience, that’s the tomahawk.”

Then he shut up as if nothing had happened.

No explanation. No recommendation. No “this is our best one.”

That hit me different.

People are trying way too hard to sell. You’re “explaining” your deliverables. You’re “proving” your value. You’re “justifying” why your premium offer costs what it costs.

Meanwhile killers don’t explain. They frame. They position. They let the buyer feel the gap.

My friend ordered the $280 tomahawk 60 seconds later.

Old me would’ve thought the waiter upsold him.

The new me saw what actually happened. He made the cheap steak feel basic, the middle steak feel safe, and the expensive steak feel like the only serious choice.

That is The Menu Frame.

Your prospect doesn’t need another 30-minute pitch about your process.

He needs to see the difference between the small fix, the partial solution, and the full outcome.

Because once the cheap option feels like a compromise, the premium option stops feeling expensive.

It starts feeling obvious.

Your pricing isn’t the problem.

Your frame is weak.

[Anthony Pompliano 🌪 @APompliano]

NEW YORK KNICKS FOREVER 🔥

[Shane Parrish @shaneparrish]

My conversation with @bgurley on thinking, making decisions, and the future

0:00 Systems Thinking & Mental Models
05:21 The Power of Knowing Industry Bedrock
08:50 Traits in Founders
11:44 Surprising AI Use
13:13 The Future of AI
23:04 Is Tesla Self-driving THAT good?
24:15 Non-Consensus Opinions
24:53 The AI Buildout (Bubble?)
29:40 The Role of Retail Investors
34:26 Stablecoin
39:55 AI and Debt Analysis
45:05 Storytelling as a Superpower
50:12 Lessons from Uber
52:10 Inside the Benchmark Structure
59:42 Success

Listen and Learn!

(Includes paid partnerships.)

[ludoonchart @ludoonchart]

in march 2020 Bill Ackman pulled off the greatest trade in history: he turned $27 million into $2.6 billion in exactly 3 week

and he did it by playing a completely different game than normal traders:

"normal guys risk $10,000 hoping to make a safe 8% a year - we only look for setups where we can risk $1 to make $100"

"when the virus hit, wall street told everyone to stay calm - we looked at the math, knew the market was going to crash, and bet $27 million against it"

"when everything collapsed regular guys lost half their savings - our bet paid us $2.6 billion in cash while everyone else was panicking"

he didn't make billions by buying safe stocks and praying they go up. he made it by risking a tiny amount of money on a massive crash everyone else ignored

bookmark and watch his new interview where he explains how he actually invests

[Peter Mallouk @PeterMallouk]

This is a great list of traits shared among many high performers. What’s missing? Or what do you find most important? In my experience the ultimate indicator is drive.

[Charlie Bilello @charliebilello]

#FF @PeterMallouk, a great follow!

[Atlas @crptAtlas]

I can't believe this 1-hour talk is free

Ray Dalio, Jamie Dimon, and Larry Fink on one stage

Between them - more capital under management than most countries have GDP

They laid out exactly where the money is going for the next decade

Watch it

Then read the article on how quant funds use AI

[Invest Like the Best @InvestLikeBest]

"When JPMorgan was buying Bear Stearns, the best modeler in the company was 24 years old.

They set up a desk for him side-by-side with Jamie. Jamie would say, "Change that, change this."

He didn't ask for that guy's boss. He said, 'This guy is the best, I want to work with him.'"

[Atlas @crptAtlas]

Ron Baron drove an ice cream truck as a kid

Started with $100M in 1992. Made his clients $61 billion in profit.

Put $1.7 billion into SpaceX while it was private. It became $15 billion.

"I pushed all the chips to the center of the table to be tied to the most successful man on the planet. Clearly risky. But that's my game."

Bookmark to watch it later

Then read the article on how quant funds use AI to find the same asymmetric setups

[bodila @51bodila]

JPMorgan CEO rejected Goldman Sachs offer after Harvard, chose a tiny company with Sandy Weill instead - and was fired from it

- but now JPMorgan is bigger than Goldman and Citi combined, with $700B cap

23-min with David Rubenstein - you'll understand the most important steps in finance from the world's best banker

bookmark & watch - this is the smartest conversation between a top investor and the world's best banker

[Greg Sydor 🛩️ @sydor_greg]

I think about this video daily.

In private aviation, you're afforded incredible access. If you work in the services biz and follow Jim's 12 rules, I doubt you'll go hungry.

My top three:

1. Never use jargon
2. Look for opportunities to give the client advice that is not in your interest
3. Be available

[Atlas @crptAtlas]

Jamie Dimon turned $16B into $700B

Now he moves $10 trillion a day

150,000 JPMorgan workers use AI daily and he just explained exactly how

30 minutes that worth more than any paid course on AI in finance

Watch it

Then read the article below on how top quant funds run the same AI pipeline

[bodila @51bodila]

JPMorgan CEO rejected Jeff Bezos offer to be Amazon CEO, to invest $60M of his own money into a bank

- now that same bank - JPMorgan - is worth $700B and moves $10 trillion a day

a young 32-min Jamie - all his personal rules that led him to become the world's best banker

this is the first lecture from the moment Jamie Dimon was hired as JPMorgan CEO

save this - it's the best biography of one of the greatest on Wall Street

[David Haber @dhaber]

Apollo CEO Marc Rowan on their play to win culture: “How do you keep a company that's been really successful hungry and playing to win?”

“Even for me, I'm right 60% of the time max. I fail quickly and fix it quickly. You do not get fired here for making a bad decision. You get fired for not recognizing it or not owning it and not fixing it.”

“Every senior professional here has lost money for the firm. If you haven't, you're just not doing enough. You're not taking enough risk. You're not taking enough risk or you haven't done as much for the firm.”

“We've normalized the notion of winning as a team and losing as a team.”

[st1ne @SolSt1ne]

Goldman Sachs CIO - ex-VP of Technology at AWS, now running tech at the most powerful bank on Wall Street - explained how GS builds its own AI tools in-house.

- they don't rely on off-the-shelf software. they build it.

20-min and you'll understand how a tier-1 bank deploys AI across tens of thousands of employees.

bookmark & watch - the best interview on AI inside a major bank.