Claude Shannon compounded around 28% a year for 30 years on his personal portfolio.
He never day-traded.
Never used filters.
Never wrote a single trading algorithm.
He bought Teledyne in 1970 and held it for 30 years.
The man who invented information theory built his fortune by removing information from his decisions.
His only rule: only invest in businesses you actually understand.
Bookmark before you build another filter.
Claude Shannon made 28% a year for 30 years. He also proved mathematically why 99% of trading filters fail. The market is mostly noise. A better filter doesn't create signal; it just shapes the noise to trick you. Shannon wrote the rules in 1948. Go read them.
Warren Buffett on what actually makes a life successful:
1. "If you get to be 65 or 70 and the people you want to love you actually love you, you're a success."**
I've met very rich men who had testimonial dinners and schools named after them, yet nobody truly loves them. Their own kids just say, "He's in the attic." True wealth isn't measured by your net worth, but by the love in your life.
2. The best investment you'll ever make is in yourself.**
Learn to communicate clearly, both on paper and in person. If you can't get your idea across, it's like winking at a girl in the dark—nothing happens. Communication is the bridge between your mind and the world. Get good at it, and you'll instantly raise your own value by 50%. The best part? Nobody can ever take that skill away from you.
3. You get exactly one mind and one body. That's the whole deal.**
Imagine I gave you a car and told you it's the only one you'll get for the rest of your life. You'd read the manual, keep it in the garage, and baby it. You get exactly one body and mind like that. You can't just start caring for them at 50, because by then, they're already rusted out. Protect your health early, because you can't buy a replacement.
4. You eventually become whoever you spend your time with.
You naturally drift in the direction of the people around you, so consciously pick people who are better than you. Your network shapes your future. The biggest decision of your life is choosing your spouse. Marry someone who is a little better than you, and just hope they don't figure it out too fast!
5. When it comes to money, doing nothing often beats doing something.
If you buy a farm or an apartment, you can't realistically sell it tomorrow, so you just hold it. But with stocks, you can sell in a second, so people can't help but constantly trade. However, moving your money around isn't smarter than leaving it alone. Patience is your greatest asset. Buy a piece of America, believe in it, and stop touching it.
This 4-hour masterclass by Warren Buffett and Charlie Munger will teach you more about investing, business, and life than any university on the planet.
Here is exactly what you will learn:
How to spot an economic moat
The psychology of market crashes
Why Munger avoids Wall Street
The ultimate compounding cheat code
Bookmark this. Dedicate 4 hours this weekend. No excuses.
Math genius Edward Thorp's 4% rule for retirement: put your money mostly in equities, spend 4% of capital per year, and it should last from your 60s to the end of your life.
It is called 'How to Speak,' and for over 40 years, it was one of the most legendary talks at MIT.
Patrick Henry Winston, an MIT professor, had a very simple idea: the way you communicate can change your life
A billionaire trader has spent 40 years trying to delete a one-hour documentary. It shows him making $100 million in a single afternoon. He predicted the crash that made it possible three months in advance. He has never explained why he wants the film gone. His name is Paul Tudor Jones. The film is on YouTube.
The documentary is called "Trader." PBS filmed it in 1987, three months before Black Monday. Jones was 32 years old, working from a small New York office, wearing shorts and a t-shirt, yelling at his phones, throwing paper across the room, and sleeping under his desk. The film captures him and his research partner Peter Borish overlaying a chart of the 1929 market on 1987, month by month. The two charts tracked within one percent. Borish said this is exactly what happened in 1929. Jones said if the analog holds, October is when it breaks.
On October 19, 1987, the Dow fell 22.6 percent in a single day. It remains the largest one-day percentage loss in stock market history. That afternoon, Tudor Jones covered his shorts and made roughly $100 million. He was 33 years old. He was one of the very few traders on the street who came out ahead.
He tried to bury the tape because it made him look reckless in a professional world that punished swagger. Twenty years of legal effort did not delete it. Someone kept a copy. It is on YouTube. It has fewer views than most makeup tutorials.
The film is not really about a crash. It is about a specific philosophy of trading. Jones is shown building conviction slowly, sizing carefully, then striking hard when the setup arrives. He is never once shown making a random bet. He is shown doing the same thing five times a day, every day, for three months.
His signature line, repeated across a 45-year career:
"The most important rule of trading is to play great defense, not great offense."
He does not try to be right. He tries not to lose. He sets stops tight, cuts positions fast, and never averages down on a loser. Every trade in the film follows this template.
Tudor Investment Corp, the fund he founded in 1980, has compounded at roughly 19 percent a year for 45 years. He is 71 years old and still trading. His method has not changed since the film.
The lesson: greatness in markets is a refusal, not a talent. Refusal to be reckless. Refusal to be certain. Refusal to average down. Refusal to trust yourself in a drawdown. Tudor Jones has refused those refusals for 45 years.
The tape is free. The philosophy is repeated in every trade. Most traders will never watch it.