Antonyo

[Antonyo @antonyo00798]

RT @kasigiom: EPISODE 9 — THE WARNING

THE COMPUTER WAS DISCONNECTED.

It turned itself back on anyway.

“UNAUTHORIZED ACCESS DETECTED.”

M…

[Mark @MarkGrokLab]

Warren Buffett said he could guarantee 50 percent a year. The only condition was that you give him less money, not more.

In 1999 he told Business Week: I think I could make you 50 percent a year on $1 million. No, I know I could. I guarantee that.

He was not guessing. He had already done it.

In 1950 he found a small insurance company in Omaha called National American Fire Insurance. The stock traded at $27 a share. The company had earned $29.02 per share the year before. One year of earnings was more than the entire stock price. The book value was $135. He was buying it at 20 cents on the dollar.

Nobody followed the stock. Most holders had bought certificates decades earlier and forgotten about them. Buffett went door to door buying shares from people who did not know what they owned.

In 1951 he found Western Insurance Securities. It had earned $29.09 per share. The stock traded between $3 and $13. He later called it the cheapest stock with the highest margin of safety he had ever seen.

Between 1949 and 1954 he turned $10,000 into more than $100,000. He was in his early twenties.

He bought into Sanborn Map Company in the late 1950s. The stock traded at $45 but the company's investment portfolio alone was worth $65 per share. The market was valuing the actual business at less than zero.

He bought Dempster Mill Manufacturing at $15 to $30 a share when the book value was $75. He eventually owned 70 percent of the company and sold at $80.

These were tiny companies. Nobody on Wall Street was looking at them. That was the entire point.

From 1957 to 1969 his partnership averaged 29.5 percent per year before fees. He started with $105,100. By the time he closed it the fund held $100 million.

Then the money got bigger. And the returns got smaller.

He told the Wall Street Journal in 2009: with tiny sums to invest, it is extraordinary what you can find. Most of the time, big sums are one hell of an anchor.

Berkshire Hathaway is now worth over $1 trillion. Buffett cannot buy a small insurance company in Omaha anymore. He needs entire railroads and energy companies just to move the needle.

The man who built the greatest track record in investing history said the single biggest advantage a small investor has is the one thing he lost along the way. Size.

[Neo @neonextge]

A ROBOT BLOCKED A RANGE ROVER IN THE MIDDLE OF PARIS AND NOBODY DID A THING ABOUT IT.

It walked onto the crosswalk in pink sneakers and a pink backpack.

Then it started dancing.

The car sat at the line. The people on the sidewalk didn't call anyone or get out of the way. They pulled out their phones.

No handler in the shot. Nothing between the robot and the street.

When it was done, it turned around and strolled off down the sidewalk on its own, like it was running late for lunch.

Nobody in this video treats it like the future.

They treat it like a street performer.

And the only one in a hurry is the Range Rover.

[Dr.Bryte @thedrbryte]

Warren Buffett is sitting on $397.4 billion in cash. He earns $12 billion a year just from Treasury bills. The greatest investor alive says there is almost nothing worth buying.

His teacher Benjamin Graham wrote a book in 1949 called The Intelligent Investor. In it he drew a line that most people still do not understand.

An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Everything else is speculation.

In 1986 Buffett bought a 400-acre farm in Nebraska for $280,000. That is $700 an acre. He knew nothing about farming. He asked his son to estimate the annual crop yields and the operating costs. The math said the farm would return about 10 percent a year.

He did not buy it because farmland prices were going up. He bought it because the dirt would produce corn and soybeans every year whether anyone was watching the price or not.

The farm has tripled its earnings. It is worth more than five times what he paid.

Now look at what the market has become.

Zero-day options made up 66.2 percent of all S&P 500 options volume in July 2026. Margin debt hit $1.45 trillion in August 2026. Up 37 percent in one year.

At the Berkshire Hathaway annual meeting in May 2026 Buffett said it plainly.

If you are buying and selling single-day options, that is not investing. It is not speculating. It is gambling, just totally.

He said the market is a church with a casino attached. And the casino keeps getting bigger.

We have never had people in a more gambling mood than now.

He was 95 when he said that. He had seen the 1987 crash, the dot-com bubble, the 2008 crisis, and the COVID selloff. He said Berkshire had dropped more than 50 percent three times. Each time he bought more.

On September 18, 2026 he stepped down as chairman. He was 96. Berkshire had been a net seller of stocks for 14 consecutive quarters. The Buffett Indicator stood above 237 percent. Higher than the dot-com peak.

The man who spent 70 years teaching people how to invest used his last act to warn them that most of them are not investing at all.

[Neo @neonextge]

THIS ROBOT HIT THE FLOOR IN FRONT OF A CROWD OF KIDS AND NOBODY EVEN FLINCHED.

Not a lab. Not a trade show stage.

A public square with strollers parked in the front row.

One guy with a controller. No fence. Nothing between the machine and a line of toddlers.

It kicks, drops to the ground and spins on its back.

For a second it looks like it crashed.

Then it pushes itself up and stands like nothing happened. The whole recovery takes 2.7 seconds.

The adults are filming. The kids just watch, the same way they would watch a street performer.

That's the part worth noticing.

These kids won't grow up thinking humanoids are the future.

They'll grow up thinking they're normal.

[Mark @MarkGrokLab]

Ray Dalio ran the largest hedge fund in the world with exactly one employee. Himself.

That's what he was down to in 1982, after he went on TV and predicted a depression. He was so confident he said it publicly. The depression never came. The market did the opposite, an 18-year bull run. He lost everything. Had to fire his whole team and borrow $4,000 from his dad just to pay the bills.

He called it a blow to the head with a baseball bat. Then he called it the best thing that ever happened to him.

Here's why. He stopped asking "am I right" and started asking "how do I know I'm right." That one shift became the entire operating system of Bridgewater. Every opinion weighted by track record, not title. Every meeting recorded. Every disagreement pushed into the open.

He built an app where employees rate each other in real time during meetings, on a scale of 1 to 10, and everyone sees every score.

A 24-year-old employee, fresh out of college, once rated Dalio a 3 out of 10 in a meeting. In front of everyone.

He didn't fire her. He put the rating in a TED talk and told the world.

Today Bridgewater manages $92 billion. Dalio is worth $18.9 billion.

The man who lost everything because he was sure he was right built an empire by making sure he'd never be that sure again.

[Dr.Bryte @thedrbryte]

A journalist interviewed over 40 of the greatest investors in the world. The most important lesson had nothing to do with the stock market.

William Green wrote for Time, Fortune, Forbes, The New Yorker, and The Economist. Studied English at Oxford. Got a journalism degree from Columbia. Then spent decades sitting across from people who had been compounding money longer than most people have been alive.

Joel Greenblatt averaged 50 percent a year at Gotham Capital for a decade starting with $7 million in 1985. When Green asked how, Greenblatt gave him one sentence. Figure out what a business is worth and buy it for much less.

Charlie Munger spent over 40 years running Berkshire Hathaway alongside Buffett. His investing advice was three words. Don't be a fool. His entire system was built around eliminating what he called standard stupidities.

John Templeton bought 104 stocks trading under a dollar each in 1939 with borrowed money. 100 out of 104 made a profit. Money Magazine called him the greatest global stock picker of the 20th century.

Green put all of it into a book. Richer, Wiser, Happier. Over 40 investors. Decades of conversations. Published in 2021.

Then he stood on a TEDx stage and said the real conclusion out loud.

The greatest investors don't win because they are smarter. They win because they avoid catastrophe. They build systems to remove stupidity before it starts. They wait longer than everyone else. And they know when to do nothing.

But the part nobody expected was the ending.

Ed Thorp beat the casinos with math. Then he beat the markets with the same math. Green asked him the single most important thing in life.

It was not a formula. It was not a trade. It was not a return.

Who you spend your time with.

The man who sat across from forty of the greatest investors on earth told a room full of strangers that the quality of your relationships matters more than the size of your portfolio.

[Dr.Bryte @thedrbryte]

Charlie Munger lost his nine-year-old son to cancer. He was divorced, broke, and paying for the treatment out of his own pocket. He died at 99 worth $2.6 billion.

He was born in Omaha, same city as Warren Buffett. As a teenager he even worked at a grocery store owned by Buffett's grandfather. They didn't actually meet for another 20 years.

He studied math at Michigan, served in WWII, got into Harvard Law without finishing his undergrad degree, and later moved to California.

In 1953 his marriage fell apart. He was 29. His wife got the house and most of what they owned.

Then his son Teddy was diagnosed with leukemia at eight. There was no cure back then. Munger paid for the treatment himself. Teddy died at nine.

He said later that envy, resentment, revenge and self-pity are disastrous ways to think. Every misfortune in life, he believed, is a chance to behave well and learn something.

In 1959 a mutual friend introduced him to a young investor from Omaha over dinner. They hit it off immediately. That was Warren Buffett, who later said he knew right away: "I am not going to find another guy like this."

Munger ended up changing how Buffett invested. Buffett used to buy bad companies cheap, what he called "cigar butts." Munger convinced him to buy great companies at fair prices instead. It started with See's Candies in 1972, bought for $25 million. That deal alone has made Berkshire over $2 billion since.

His whole philosophy traced back to four words from a 19th century mathematician: "Invert, always invert." Don't ask how to succeed. Ask what guarantees failure, then stay away from it. As Munger put it: "All I want to know is where I'm going to die, so I'll never go there."

Charlie Munger died on November 28, 2023, a month before he would have turned 100. He was worth $2.6 billion.

Warren Buffett said Berkshire couldn't have become what it is without Charlie's wisdom and involvement.

A man who buried his child and lost nearly everything didn't get rich by being the smartest guy in the room. He got rich by spending his life avoiding the dumbest mistakes in it.

[Mark @MarkGrokLab]

Warren Buffett spent $1.3 billion on Coca-Cola stock. Today that position pays $848 million per year in dividends. He has never sold a single share.

He was born in Omaha, Nebraska. At six years old he was selling Coca-Cola bottles door to door for a few cents of profit each. At 11 he bought his first stock. Three shares of Cities Service Preferred at $38.25 each.

The stock dropped to $27. His sister reminded him every day that he was losing her money. When it recovered to $40 he sold. Total profit: $5 per share.

The stock later hit $202.

He went to Columbia Business School. Studied under Benjamin Graham, the father of value investing. In 1956 he started the Buffett Partnership in Omaha with $100,000. Over 13 years it compounded at 31 percent annually.

In 1962 he started buying shares of a failing textile company in New England. The stock was $7.50 per share. The company was called Berkshire Hathaway.

He wound down the textile operations. Started buying other businesses. Insurance companies. Candy shops. Newspapers. Furniture stores. He turned a dying textile company into a holding company for everything he wanted to own.

In the fall of 1988 he started buying Coca-Cola. Over the next year he spent $1.3 billion. It was the largest position Berkshire had ever taken.

After multiple stock splits Berkshire now owns 400 million shares worth $35 billion. The position pays $848 million per year in dividends. That is a 65 percent annual return on the original investment from dividends alone.

In August 2011 he called the CEO of Bank of America. The stock was collapsing. He offered $5 billion in preferred shares and got warrants to buy 700 million common shares at $7.14 each. The deal took one day. When he exercised the warrants in 2017 the shares were worth $17 billion. Profit on the warrants alone: $12 billion.

He tells students to imagine they have a punch card with 20 slots. Every investment punches a hole. When the card is full you are done for life. He said from those 20 investments, maybe three or five would make you rich.

In July 1991 Bill Gates met Buffett for the first time. Gates did not want to go. His mother had invited Buffett to a family dinner. Gates thought investing was parasitic. They talked for hours. Gates later said Buffett asked amazingly good questions nobody had ever asked him.

A single share of Berkshire Hathaway that cost $7.50 in 1962 is worth $759,350 today. Forbes puts Buffett's net worth at $145 billion.

The man who has been investing for 84 years did not build a $145 billion fortune by finding more opportunities than everyone else. He built it by having the discipline to ignore almost all of them.

[kasigiom @kasigiom]

EPISODE 3 — THE UNKNOWN MESSAGE

Mark stared at the screen.

“You didn’t lose to the chart. You lost to your emotions.”

Someone knew exactly what had happened.

Mark looked around the dark office.

“Hello? Is anyone here?”

No answer.

Then a door slowly opened behind him.

A man in a security uniform stepped into the light.

His name was Elias.

He had worked the night shift in that building for years—and he had seen Mark returning to the same computer every evening.

Mark pointed at the message.

“Was that you?”

Elias nodded.

Then he said something Mark wasn’t expecting:

“I wasn’t watching the chart. I was watching you.”

Elias had seen the entire pattern.

One successful result made Mark feel unstoppable.

Confidence replaced discipline.

Excitement replaced patience.

And the rules disappeared the moment they became inconvenient.

Elias reached across the desk and turned off the monitor.

“Stop here.”

“Practice only. Real money is not a game.”

Then he handed Mark a blank journal.

One word was written on its cover:

DECISIONS.

“Before every mistake, write down what you were feeling.”

Mark opened the journal and stared at its first empty page.

For the first time, he understood that his next lesson wouldn’t be about predicting a chart.

It would be about understanding himself.

He slowly wrote one question:

“CAN I CONTROL MYSELF?”

Elias walked toward the door.

Before leaving, he turned around and said:

“Tomorrow, bring me every mistake you’re afraid to admit.”

TO BE CONTINUED — EPISODE 4: THE JOURNAL.

[Dr.Bryte @thedrbryte]

Denzel Washington had a 1.8 GPA in college. He failed his first Broadway audition because he could not sing. He went on to build a $300 million fortune.

Then he stood in front of Penn graduates and told them to fail more.

He started at Fordham as pre-med. Switched to pre-law. Then journalism. His grades dropped so low the university told him to take time off. He was 20 years old with no degree, no plan, and no money.

He went home to Mount Vernon and started working in his mother's beauty shop. On March 27, 1975, an older woman in the chair looked at him and said something he never forgot. You are going to travel the world and speak to millions of people.

He had no reason to believe her. He went back to Fordham anyway.

Then he auditioned for a Broadway musical. The problem was he could not sing. He performed Just My Imagination by the Temptations. The director stopped him after the first verse. Thank you very much. You will be hearing from me. He never heard from him.

Thirty years later he stood on the same stage at the same theater and won a Tony Award for Fences.

He told the Penn graduates about Reggie Jackson. 2,600 strikeouts. The most in the history of baseball. But nobody remembers the strikeouts. They remember the home runs.

He told them about Thomas Edison. 1,000 failed experiments before the lightbulb. When a reporter asked Edison how it felt to fail 1,000 times, he said he did not fail. He found 1,000 ways that did not work.

Then he said the only thing that mattered. Do not fall backward. Fall forward. If you are going to fall, at least fall in the direction of something. That way you can see what you are about to hit.

He won 2 Oscars out of 10 nominations. Eight times out of ten he lost. But the 2 wins made him the second African-American in history to win Best Actor.

The man who could not sing, could not keep his GPA above 1.8, and was told to leave college built a $300 million fortune because every time he fell, he fell forward.

[Antonyo @antonyo00798]

@thedrbryte 8 losses out of 10 nominations. Most actors would call that a bad career. He called it two Oscars.

[Antonyo @antonyo00798]

@MarkGrokLab Financing closed at 6pm on Christmas Eve. One hour later and there’s no Tesla. The whole EV industry runs on that one hour.

[Mark @MarkGrokLab]

Elon Musk put $100 million into rockets. Three of them exploded. Then he stood in front of USC graduates and said success is simple math.

He walked away from PayPal with $175 million. Most people would have stopped. He put $100 million into SpaceX, most of what was left into Tesla, and kept nothing for himself.

The first Falcon 1 failed on March 24, 2006. A corroded fuel line. The second failed on March 21, 2007. A staging error. The third failed on August 3, 2008. Residual thrust from the first stage slammed into the second.

Three rockets. Three years. $100 million burning on a launchpad.

Tesla was dying at the same time. General Motors had filed for bankruptcy. Nobody was writing checks for electric cars.

On September 28, 2008, the fourth Falcon 1 reached orbit. SpaceX became the first privately funded company to put a liquid-fueled rocket into Earth orbit. NASA followed with a $1.6 billion contract.

But Tesla still had no money. The financing round closed at 6pm on December 24, 2008. Last hour of the last possible day. If it had not closed, payroll would have bounced two days later. Musk put in his last cash. He did not own a house. He had nothing left to sell.

Then in May 2014 he stood in front of business school graduates at USC and told them what he had learned.

Work every waking hour. If someone else works 50 hours a week and you work 100, you will get twice as much done in a year. Focus on signal over noise. Stop spending time on things that do not make the product better. And take risks now, because it only gets harder.

He did not talk about vision. He did not talk about changing the world. He talked about math. Hours, output, and the discipline to cut everything that does not matter.

The man who nearly lost two companies in the same year told a room full of graduates that success is not about talent. It is about how many hours you are willing to put into something everyone else thinks is going to fail.

[Dr.Bryte @thedrbryte]

ill Ackman lost $4 billion on one trade. Then lost $1 billion on another. Then turned $27 million into $2.6 billion in three weeks.

He went to Harvard. Graduated magna cum laude. Got an MBA from Harvard Business School. In 2004 he started Pershing Square Capital Management with $54 million.

He made bets nobody else would make. Canadian Pacific Railway. He bought a stake, replaced the board, and the stock tripled. Wall Street started calling him one of the best investors alive.

Then came Valeant.

In 2015 he bought shares of Valeant Pharmaceuticals at $161 a share. The stock fell 96 percent. He was losing $7.7 million every day the market was open. For two years. He sold in March 2017 at $11 a share. Total loss: nearly $4 billion.

He called it one very big mistake.

While Valeant was bleeding he was fighting another war. In December 2012 he had taken a $1 billion short position against Herbalife. Called it a pyramid scheme on live television.

Carl Icahn took the other side. Bought a quarter of the company. The stock doubled. In February 2018 Ackman closed the position. Another billion gone.

$5 billion in losses. He fell off the Forbes 400. Wall Street wrote him off.

Then COVID hit.

In late February 2020 he spent $27 million on credit default swaps. Insurance against a market collapse. Almost nobody on Wall Street was hedging yet. He was.

On March 18 he called into CNBC. Told viewers that hell is coming. That America needs to shut down for 30 days or the economy is finished.

Five days later he closed the trade. The $27 million was now $2.6 billion. A 96x return.

Then he took the $2.6 billion and bought stocks the same week the market hit bottom. Starbucks. Hilton. Lowe's. Berkshire Hathaway.

Pershing Square finished 2020 up 70 percent.

Forbes puts Ackman's net worth at $8.8 billion. Pershing Square manages $35 billion.

The man who lost $5 billion and disappeared from the Forbes 400 rebuilt everything because the same conviction that cost him $5 billion was the only thing that could turn $27 million into $2.6 billion.

[Mark @MarkGrokLab]

Banks laughed when John Paulson bet against the housing market. One year later his fund made $15 billion. He personally took home $4 billion. They call it the greatest trade in history.

He grew up in Queens, New York. Went to NYU. Graduated valedictorian. Summa cum laude. Got into Harvard Business School and graduated in the top 5 percent of his class.

He worked at Boston Consulting Group. Then Bear Stearns. Then a series of smaller firms. In 1994 he started his own fund with $2 million and one employee.

By 2003 Paulson & Co. managed $300 million. Respectable. But nobody on Wall Street knew his name.

Then a man named Paolo Pellegrini walked into his office looking for a job. Pellegrini had been fired, divorced, and was nearly broke. Paulson hired him.

Pellegrini started studying housing prices. He found something nobody else had seen. For decades home prices in the United States had grown at 1.4 percent per year. Between 2000 and 2005 they were growing at 7 percent per year.

The entire housing market was a bubble. And Wall Street was selling insurance against its collapse for almost nothing.

Paulson bought $25 billion worth of credit default swaps on the lowest-rated mortgage bonds. The swaps cost 1 percent per year. If housing held, he would lose the premiums. If it collapsed, the payout would be historic.

He went to the banks. Goldman Sachs. Deutsche Bank. Bear Stearns. They sold him the swaps and thought he was throwing money away. Nobody believed housing could fall nationwide. It had not happened since the Great Depression.

For over a year the trade bled money. His investors questioned him. The market kept going up.

Then in 2007 it broke. Subprime lenders started collapsing. Bear Stearns shut down two hedge funds. The mortgage bonds Paulson had bet against went to zero.

His Credit Opportunities Fund returned 590 percent in a single year. The fund made $15 billion in 2007. Another $5 billion between 2008 and 2009. Total: $20 billion.

Paulson personally earned $4 billion in 2007. The largest single-year payday in hedge fund history at the time.

Forbes puts his net worth at $4 billion. The man who started with $2 million and one employee made the greatest trade in financial history because he found the one person who did the math nobody else bothered to do.

[Antonyo @antonyo00798]

@thedrbryte He read every day for 70 years. That’s the real compounding nobody talks about.

[Antonyo @antonyo00798]

@MarkGrokLab everyone wants the strategy. nobody wants the 10 years.

[Dr.Bryte @thedrbryte]

Charlie Munger said the first $100,000 is the hardest money you will ever make. He died at 99 worth $2.6 billion.

In one of his last interviews he explained how to build a fortune with a stock portfolio. Most of what he said, nobody wanted to hear.

He was Warren Buffett's partner for 45 years. Vice chairman of Berkshire Hathaway from 1978 until the day he died. Before Berkshire he ran his own fund that compounded at 19.8 percent a year for 13 years while the Dow averaged 5.

But the interview was not about picking stocks.

He said get to $100,000 first. He did not care how. Walk everywhere. Use coupons. Do not buy anything that does not keep you alive. Just find a way to save $100,000. After that, ease off the gas. Compounding does the rest.

Then he said something most investors refuse to accept.

The big money is not in the buying and selling. It is in the waiting.

He said he and Buffett did not build Berkshire on hundreds of brilliant trades. They made a few good decisions and sat still for decades. Most investors lose because they think activity is progress. They check the portfolio. They react to every dip. They sell what they should hold and buy what they should ignore.

He spent most of every day reading. For 70 years. He said he never met a wise person who did not read all the time. He called himself a learning machine and said going to bed smarter than when you woke up is the only edge that compounds forever.

He died on November 28, 2023. Thirty-four days before his 100th birthday.

The man who sat next to Warren Buffett for 45 years and said almost nothing told the world that the secret to building a fortune is the one thing no one wants to do. Wait.

[Noah @xbtnoah]

Charlie Munger said this on camera, weeks before he died:

"I don't regard Elon Musk as truly rich, because I don't think it's sure that everything he's working on can work."

Then he went further.

"I would not invest in Elon Musk myself."

Munger's reasoning wasn't about Tesla's product or Musk's talent. It was about pattern.

"He's used leverage so much that he's doubled down right to the edge of extinction maybe two or three times."

Asked how many times Musk had walked that edge without falling in, Munger's answer:

"he's done it three times. Maybe he's got six more."

This is coming from a man who spent six decades building Berkshire on the opposite principle.

Munger and Buffett deliberately took smaller stakes than they could have afforded, using less leverage than was available, specifically so a bad stretch would never wipe out the people who trusted them.

Munger used the phrase "two hard pile" for things he'd rather not spend time thinking about, things he can't fix himself. He used it earlier in the same conversation for the risk of nuclear war. Elon Musk went in the same pile.

"I never met with him," he said. "As far as I'm concerned, he doesn't exist."