Warren Buffett delivers a masterclass on life and leadership here.
This is worth more than reading 90% of investing books.
Save this video to master the basics.
Elon: ”Money is really an information system for labor allocation".
It is not power. It is not wealth.
@elonmusk just reframed everything you think you know about money.
The most important early lesson I learned was to write down my criteria for making investment decisions so that I could turn them into decision rules.
That’s because I discovered I could express my decision-making criteria in the form of algorithms that I could embed into computers. By running both decision-making systems — i.e., mine in my head and mine in the computer — next to each other, I learned the computer could make better decisions than me because it could process vastly more information than I could, and it could do it faster and unemotionally.
That insight helped me get out of my own head and make better decisions over time. @nikhilkamathcio
In order to have successful capital markets, you see the same things happen again and again.
Since one man’s debts are another man’s assets, you have to keep interest rates not so high that they crush the debtor, without having them so low that they are bad for the creditor.
That leads to cycles of money creation and borrowing that are predictable.
These cycles must happen, due to the nature of the dynamic around them. Understanding the underlying mechanics driving these patterns can help you understand what is likely to happen next.
🚨 Andrew Tate gave an important reality check for those who are reading the Epstein files:
“They don’t want you to know anything. They want you to believe things.” 👀
🚨 Andrew Tate surprises students by telling them that working hard is keeping them poor:
“Working hard in and of itself is NOT enough to escape the Matrix.”
“You have to be brave. If you don’t take the risk you’re a worker and sl*ve forever” 🤯
🚨Throwback to Andrew Tate's legendary Rant about the #GRAMMYs being unimportant:
"No one gives a shit. Why are they trying to make us care about this shit."
"The people at the Grammys sold their souls."
"They are the Matrix!"
"They are the propaganda arm."