This is Peter Thiel.
He's worth $7.1 billion after founding & investing in $1B startups.
From creating the "PayPal mafia" to hiring Sam Altman, Reid Hoffman, and partnered with Elon Musk...
He is also the greatest recruiter ever!
His 4 questions to spot future billionaire:
In my view, bitcoin is exponential gold and an aspiring player on the store of value team. My work suggests that the price of bitcoin is driven primarily by the growth in its network, which is in turn driven by bitcoin’s unique scarcity feature, as well as the monetary and fiscal policy cycle, and of course sentiment.🧵
Making money in a bull run is easy. Keeping it is hard.
In 2021, I could've walked away with millions.
Instead, I round-tripped a lot of my profits.
But you can learn from my mistakes, and do things the RIGHT way.
🧵: My top 10 things to AVOID doing this bull.👇
Nassim Taleb's Investing Strategy
Contrarian and unconventional, often making windfall gains when everyone else is losing.
He focuses on uncertainty, randomness & risk.
Let's break it down:
🧵
Charlie Munger spent his entire life studying why humans make terrible decisions.
The result?
A list with 25 of the most power psychological tendencies in life 👇
Jeff Bezos doesn't focus on earnings, EPS, or earnings growth.
He explained why in his 2004 letter to shareholders.
Here's a breakdown on why he focuses on free cash flow instead:
𝗟𝗮𝗻𝗱𝗶𝗻𝗴 𝗽𝗮𝗴𝗲 𝗰𝗵𝗲𝗰𝗸𝗹𝗶𝘀𝘁 📃
a great value proposition ✔️
scarcity ✔️
focus on benefits ✔️
lots of social proof ✔️
urgency ✔️
clean design ✔️
intuitive user experience ✔️
FAQ section ✔️
compelling CTAs ✔️
Let me know if I missed anything!
You're living through a fourth turning.
Terrible things will continue to happen that are entirely out of your control.
This is not a new human experience.
But our 24/7 acute awareness of these events is.
It's up to you to decide what you give your attention, emotion, and energy to.
You get one shot at life.
When you look back, will you realize that you passed your time engrossed in one emotional event after another?
Will you allow your screen to dictate your emotional state for the rest of your life?
Or will you look up and notice the sunshine and beauty all around you?
There may come a day where YOU are at the center of one of these terrible events.
Will you then wish you had enjoyed the relative peace, stability, and health that you once took for granted?
We are in a period of enormous change.
The monetary system is straining.
US military dominance is waning.
Artificial Intelligence is accelerating.
The concept of the nation state itself is under threat.
The political class of nations across the world will do whatever it takes to hold onto power.
As usual, innocent civilians will be the biggest losers.
There will be chaos. There will be war.
But there will also be great advances.
And beauty will remain for those who seek it.
Some people will choose to thrive during this period.
They will rise to challenges.
They will focus on what's in their control.
They will prepare physically, mentally, emotionally, and financially for difficult times.
What can you do?
Stay positive and constructive. Stay aware, but don't be paralyzed by fear.
Negative-energy emotional traps are the quickest way to lose all of your power.
So don't fall into them.
"Be the change you wish to see in the world."
Take that advice to heart.
And remember that the things you give your focus and energy to will dominate your life.
So choose wisely.
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