“1st thing I look at is the opportunity size, 2nd is the corporate governance, 3rd is use of technology and ability to change.”
“4th is frugality which companies like Indigo and D-Mart use. 6th is patience and at the end it’s the ability to delegate the power.”
- Rakesh Jhunjhunwala
American Hedge Fund billionaire Bill Ackman is a learning machine.
"You can learn investing by reading books."
Here are his 9 favorite investing books everyone should read:
“If I lived in a society where whole market system revolved around say Football, I wouldn’t even make upto the minimum wages.” 😂
“But I certainly fit into a market system where you shove money around and find what something’s worth and that skill pays off like crazy.”
- Warren Buffett
You don't live in 3 dimensions.
You never have.
A high-school student just proved why everything you learned about reality is incomplete.
This will break your brain:
In 2008, Malcolm Gladwell explained why some people succeed and some don't in a single 1-hour talk.
This will permanently change the way you think about talent, effort, and success.
Bookmark & watch today, no matter what.
"If the professor is not capable of giving a class without preparation, don't attend. People should only teach what they have learned organically, through experience and curiosity…or get another job." @nntaleb
Munger: "I don’t go to meetings. Warren doesn’t go to meetings. Put that in your article: There’s practically no meetings in the whole Berkshire culture. There are a few telephone calls and no meetings. I don’t care if you print this. Warren gets a headache if he’s in a big meeting where a lot of other people are saying dumb things. He gets a sick headache. He’s not feigning it. He actually does."
(WSJ - "Charlie Munger, Unplugged" - 2019 https://t.co/CjGII7dTtC)
“I have no schedule so to speak of. I get up at 6 in the morning but I may get to the office by 8 or 9 am”
“My date book is not jam packed with appointments. I decided this life when I was delivering newspapers.”
“I knew what I enjoyed and I have no ambition of going ahead of IBM or General Motors.”
- Warren Buffett. 2006.
Tony Robbins has the best take on why men and women process emotions so differently:
"Men don't share their feelings, because their job is to solve a problem. In a man's world, the more you solve problems, the more you move up the hierarchy of being a man. In a woman's world, you share your problems so you can connect and feel for the person."
Interviewer: “You grew up in Omaha, Nebraska and you find yourself in Ann Arbor, University of Michigan . How did that happen?”
Charlie Munger: “Very simple. I wanted to go to Stanford.” 😂
“My father said to me, Charlie I’ve 2 daughters right after you to educate. I don’t have unlimited money to send you to Stanford.”
“Well…what was I going to say? Screw you and send me to Stanford? I didn’t say that and joined University of Michigan.”
Dario Amodei was asked if a one-person company hits a billion dollars in 2026.
"I'd absolutely bet that."
his own product chief, on the same stage: "the future isn't about AI doing human work. it's about AI helping humans do super human work."
in a 72-min keynote, the two of them lay out what one person plus a stack of agents can now carry
one human → a stack of agents → output that used to need a floor of staff
the first solo fortunes are being built on exactly that setup
watch & bookmark, then see the skill in the article below ↓
Graham Weaver: "trying to find internal validation through external achievement is like drinking salt water to quench your thirst"
"for 30 years I was rushing to reach some future day where everything would be fine - when our firm had its first big payday and the wire hit, nothing happened"
"everything you want in life is on the other side of worse first - if you want to reach the next peak, you have to be willing to walk through the valley first"
"a high attribute person doing something that lights them up over a long period of time is the most powerful formula in business - give yourself that power"
watch him explain how to win without crushing your soul by firing your negative inner critic, pulling out the hard choices you've been avoiding, and trusting your intuition over fear
bookmark and watch the full lecture below
The problem is not people being uneducated.
The problem is that people are educated just enough to believe what they have been taught, and not educated enough to question anything from what they have been taught.
—Professor Richard Feynman
Warren Buffett:
“You should buy stocks when you think you’re getting a lot for your money, not necessarily when you think business is going to be good next year.”