Stanley Druckenmiller, one of the greatest macro investors of all time, arguably the GOAT, saying the quiet part out loud 🧠
Diversification is where conviction goes to die.
All eggs in one basket, full accountability, ruthless monitoring.
That’s how asymmetry is built.
@StarbucksCanada - as much as I love you guys, it makes me sad when you run Star challenges that keep gluten sensitive patrons out of the running! Can’t we add the egg bites and the potato cheddar chive bites for these? I could eat those and get my 100 bonus stars! 😌
Owning a business is risky. Owning great companies - not so much.
Read "Unlocking the Fortune Formula: Building a Long-Term Investment Masterpiece"
https://t.co/uZJfdUh85T
I just wrote my first note on Substack
https://t.co/39QMfaHwFh
"When you think of the word “wealth” - what’s the first thing that comes to mind?
Is this different than how you think of the word “rich” at all? How so?"
Hit 1000 days on @shakepay today! Very pleased to have not missed a single day shaking for over 2.5 years, and stacked up a good amount of sats in the meantime!
@shawngorham I skipped that phase. Although I am just turning 40 this year…married 17 years, three amazing kids, yes we argue and get on each others nerves, but we also make up every time, and love hanging out and talk for hours still. Definitely took work though!