Greg McGee

[David Sacks @DavidSacks]

Narrative violation: A new study of 21,559 firms in the U.S. finds that “companies that adopt AI tend to grow faster following adoption”.

“Firms making the largest AI investments grow employment by roughly 10% following adoption, while low-intensity adopters see no statistically significant change.”

“Entry-level headcount rises 12% for high-intensity adopters.”

“Gains emerge gradually and are broad across roles, including engineering, sales, administration, and customer service.”

“The results counter predictions that AI adoption will lead to broad job loss.”

The study is based on observed AI spending from Ramp card and bill pay data linked to Revelio Labs workforce records.

[BILLIONAIRE UNIVERSITY® @TheBillionaireU]

Wealthy families use this particular strategy to build generational wealth.

[BILLIONAIRE UNIVERSITY® @TheBillionaireU]

This is Jamie Dimon.

He was born in New York City in 1956. His father and grandfather were both stockbrokers. He went to Tufts, then Harvard Business School. Joined Sandy Weill at American Express and followed him through a series of mergers that built Citigroup - one of the largest financial institutions on earth.

Then Weill fired him. No public explanation. The man he had followed for sixteen years cut him loose.

He was 42. Unemployed. In a city where everyone knew his name and everyone knew he'd been thrown out. He took a year off. Read. Traveled. Thought. Then he took over Bank One in Chicago a struggling regional bank that Wall Street had written off.

He rebuilt it so effectively that JPMorgan Chase bought Bank One just to get Dimon. He became CEO of JPMorgan in 2005.
It became the largest and most profitable bank in the United States.

When the 2008 financial crisis hit, every major bank in America was on the edge of collapse. JPMorgan was the one that survived intact. While competitors were taking government bailouts, Dimon was buying Bear Stearns and Washington Mutual at a discount.

He didn't panic when the industry panicked. He had spent years building a balance sheet strong enough to go on offense when everyone else was playing defense.

When your industry has its worst quarter are you built to survive it, or built to buy what everyone else is selling?

[BILLIONAIRE UNIVERSITY® @TheBillionaireU]

Know your worth.

[BILLIONAIRE UNIVERSITY® @TheBillionaireU]

Never make this classic mistake.

[The Sigma Mindset @thesigmamindset]

These are the 3 rules for success 💯⚡

[BILLIONAIRE UNIVERSITY® @TheBillionaireU]

Sixty years ago you could buy a square meter of this beach for less than a cup of coffee. Today it's the most exclusive harbor in the Mediterranean.

In 1958 a World Bank banker sailing Sardinia to fight malaria drifted past twenty kilometers of empty coast, no roads, no power, just shepherds and their goats. He pulled together a group of investors, and one of them was a 26 year old prince named Karim Aga Khan.

The prince's first visit was so miserable, a four hour trek by mule to reach nothing, that he called the whole idea folly. Then one summer he saw the coastline from his yacht and changed his mind. In 1962 they bought eighteen hundred hectares from the local shepherds for pennies, renamed it the Costa Smeralda, and built a brand new resort designed to look centuries old so Porto Cervo would feel like it had always been there.

That square meter you could buy for a coffee now sells for twenty thousand euros.

Share this with the person you'd split a suite in Porto Cervo with.-

[Gergely Orosz @GergelyOrosz]

Coincidentally, 3 out of the last 4 weeks I could not include a link to Spotify when releasing my podcast episode, b/f Spotify was down.

2x an outage in publishing the podcasts, 1x the complete web player down

Have not experienced such poor reliability from Spotify in forever

[Kevin Dahlstrom @Camp4]

@p_millerd The chances of closing a sale are 10X higher if you're hyper-responsive. That may be a conservative estimate.

[Possessionista @Possessionista]

You know, I love kids. I'll defend kids crying on airplanes and melting down in restaurants. I respect parents who are doing their best.

But tonight at dinner, I encountered a toddler with a kazoo, and let me tell you, we all have limits.

[Massimo @Rainmaker1973]

A manatee peacefully eating lettuce underwater

[chaotic memes @memechaotic]

Who decided that?

[Megha @megha_lilly]

The main sound in Italy is church bells telling you the time of day. I don't have the creativity to come up with the onomatopoeia for it. But it's at once a serious and a joyful sound, ringing through the town, reminding everyone of the soul of the place they're in. Italy, before it is anything, it is Catholic.

[Patrick OShaughnessy @patrick_oshag]

Scott is such a unique founder, leader, competitor, human.

Great listen.

[Brian Feroldi @BrianFeroldi]

Great advice on how to sell:

[Wolf of X @WolfofX]

When Hank, a white German Shepherd, was moved to a new foster home in Memphis, Tennessee, he wasn't ready to say goodbye to the woman who had first cared for him.

Just days after the move, Hank escaped and spent nearly two days traveling about 11 miles across the city. Following his instincts, he made his way back to the home of veterinary technician Rachel Kauffman, who had cared for him before the transfer.

When Rachel returned home, she found Hank waiting outside her front door.

The remarkable journey convinced her that they belonged together, and she decided to adopt him permanently. Hank's story became a heartwarming reminder of the extraordinary bond dogs can form with the people who show them love and kindness.

Dogs possess an incredible sense of smell, and under ideal conditions, scents can travel long distances on the wind. While no one can say exactly how Hank found his way back, his determination and loyalty led him home to the person he trusted most.

[SMB Attorney @SMB_Attorney]

We don’t have an affordability crisis. We have an expectations crisis.

These 1,000 square foot brick homes were printed in mass in suburban Detroit in the 1950s and 60s to support an exploding population.

This would solve our housing problem.

But no one wants this anymore.

[Trung Phan @TrungTPhan]

discovered a dude on Instagram who cooks meals using the hotel room kitchen..and this lasagne looks good AF

[Jon Erlichman @JonErlichman]

Buying power of $100 over nearly a century:

1936: $100
1946: $71.28
1956: $51.10
1966: $42.90
1976: $24.43
1986: $12.68
1996: $8.86
2006: $6.89
2016: $5.79
2026: $4.15

[Anthony Migliorino @PeacefulFathers]

A lot of adult behavior makes more sense when you realize people are still trying to pass a test they were given in childhood.

Be good. Make us proud. Try harder. Do better. Be more.

Years later, they're chasing money, status, success, approval, relationships, followers, achievements, and recognition.

Not because they need them, but because some part of them is still trying to hear: "You're enough."

The problem is they aren't chasing anything.

They're running from shame.