Airbnb Hosts have earned $150 billion since we started.
It began when my roommate Joe and I couldn't pay our rent. We inflated 3 air mattresses and created an Airbed & Breakfast.
Sometimes when you solve your own problem, you're onto something bigger...
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Get a cup of coffee.
In this thread, I'll walk you through one of Warren Buffett's earliest business ventures -- his Pinball Machine Empire.
This "case study" can teach us a lot about great businesses -- how they work, what characteristics they tend to have, etc.
Life is so magical. Of course, we all go through those periods where that magic seems to disappear. I’ve been wondering about the variables that keep you from experiencing life as the thrill that it is. Not just outside variables but more so mindset and psychological barriers
At 40, Jim Simons left a famed math career to launch the most successful hedge fund ever: Renaissance Tech.
Even though it only won 51% of trades, the fund made 66%/yr for 30yrs (Simons worth = $25B). It's a story of genius, but also of how hard it is to beat markets.
THREAD🧵
What vaccine-hesitant people are missing, Dalton writes, is a sense of how risk fits into medicine. Health-care professionals are urging vaccination because they see its ratio of risks to benefits as incredibly, unbelievably good. https://t.co/SgF4VeH3FB