🧠 Warren Buffett:
“Hayatta istediğim her şeye sahibim.”
“Bir yerine on evim olabilirdi. Daha mutlu olur muydum? Asla.
İki yerine on arabam olabilirdi. Daha mutlu olmazdım. Bu beni çıldırtırdı.”
↓
“400 metrelik bir yatım olabilirdi.
Ama o zaman onlarca kişilik mürettebatı yönetmek zorunda kalırdım.
Bazıları benden çalardı.
Bazıları birbiriyle kavga ederdi.
Kim bilir daha neler olurdu?
Gemi kaptanı olmak isteseydim başka bir mesleğe girerdim.”
↓
İnsanlar zenginliğin daha fazla şeye sahip olmak olduğunu düşünüyor.
Oysa gerçek zenginlik;
İstemediğin şeyleri satın almak zorunda olmamak,
İstemediğin insanlarla çalışmak zorunda olmamak,
Ve zamanını istediğin gibi kullanabilmektir.
Finansal özgürlüğün özü budur.
(Charlie Rose, 2009)
Mark Zuckerberg on the best advice Peter Thiel ever gave him
“Peter was the person who told me this really pithy quote that, ‘In a world that’s changing so quickly, the biggest risk you can take is not taking any risk.’ And I really think that that is true.”
Mark continues:
“Whenever you get yourself into a position where you have to make some big shift in direction or do something, there are always people who are going to point to the downside risks of that decision — and locally they may be right. For any given decision you make, there’s upside and downside. But in aggregate, if you are stagnant and you don’t make those changes, then I think you’re guaranteed to fail and not catch up. So to some degree, I think it’s really right that, over time, the biggest risk you can take is to not take any risks.”
Source: @ycombinator (Aug 2016)
Jordan Peterson on why the most boring parts of your day are actually the most important:
1. The reason to improve yourself is not some casual self-help aspiration. It is to stop suffering more stupidly than you have to. And to stop making the people around you suffer more stupidly than they have to. Peterson's framing: if you do not organize yourself properly you will pay for it in a big way. And so will everyone near you. That is not a motivational poster. It is a warning.
2. Start by looking around for something that bothers you and fixing it. Sit in your room and ask genuinely: if i had ten minutes to make this place better, what would i do. not as a command. as a real question. Things will pop out. The stack of papers that has been bugging you. The cables behind the monitor you have ignored for six months. the dust. fix those things. Fix a hundred things like that and your life will look completely different.
3. Fix the things you repeat every day first. People treat their daily routines as trivial. getting up, brushing teeth, breakfast, the same small habits. Peterson says those routines probably constitute fifty percent of your life. The things you do every day are the most important things you do. The arithmetic is obvious once you do it. Neglecting them because they feel mundane is exactly backwards.
4. Do not try to fix things outside your domain of competence. If you are walking down the street and see a man who is alcoholic, schizophrenic, and has been homeless for ten years, that is a problem. But mucking around in it will not help him and will very likely hurt you. You have to have humility. You do not walk up to a broken helicopter and start tinkering. Find what you can actually fix and fix that.
5. As soon as you give your mind a genuine aim, it reconfigures the world around that aim. This is not metaphor. It is how perception works. The famous gorilla experiment: people watching basketball players pass a ball, miss a gorilla walking through the middle of the frame because they were told to count passes. You see what you aim at. The world manifests itself differently depending on what you are looking for. If the world is manifesting itself negatively the first question to ask is whether you are aiming at the right thing.
Robert Downey Jr. says reaching the top of your profession won't make you happy
"You're going to think this is great Monday and on Thursday, when you don't understand why you're still you, then let's talk, because that's when it gets interesting"
"There is no substitute for a clear conscience"
"Being able to put head to pillow at night with no wreckage, no damage, no apologies required"
J.R. Smith says he got benched 9 seconds into guarding Kobe Bryant as an NBA rookie
“Crazy because in shootaround, we going through walkthroughs, doing plays and shit. Bryon Scott is trying to explain the triangle and where Kobe going to be at and his moves and shit”
“He was like, ‘He's going to go two dribbles right baseline. He gonna pump fake, stay down. He's going to pump fake again. Stay down.’ I'm like, ‘All right’”
“We go through another play. He tell me, ‘He going to go two dribbles right, pump fake, stay down, pump fake, stay down, and then make him pass it out. Worst case, he'll take a tough shot over top of you. We can live with that.’ I’m like, ‘All right’”
“We go over another play. I was like, ‘Yo, bro, if you tell me he about to go two dribbles right and pump fake and then pump fake... I got it. All right.’ ‘He do it and your ass go for it, I'm taking you out’”
“I get in the game. I swear to God bro. I wasn't in the game nine seconds. When I tell you this man went two dribbles right. But the way he took his two dribbles, I'm thinking he going to the cup for sure”
“This motherfucker pump fake. Jump. Boop. Swish. Beep. Sub. He took me right out”
According to Kevin O'Leary, the only number that actually buys you freedom is $5 million.
Specifically, $5 million in Treasury Bills (T-bills).
Here's his logic:
T-bills are the safest asset on earth. They yield somewhere between 4 and 5%. On $5 million, that's $200,000 to $250,000 a year in interest.
His rule: get there, put it in T-bills, roll them, and never touch the principal. Not for a business opportunity. Not for a real estate deal. Not for anything. It just sits.
"If the poopoo hits the fan, you're still good."
Because the real value of that account isn't the yield. It's what it does to your decision-making. When you know that pile exists and nothing can touch it, every deal you do from that point forward is made from a position of strength. You can walk away. You can wait. You can say no.
Most entrepreneurs blow past this number and immediately put it back to work. That's the mistake. The discipline is to stop, lock it away, and let the rest of your portfolio take the risk.
Gold is an alternative. But gold doesn't yield anything. T-bills pay you to be safe.
Warren Buffett on Corporate Taxation in America:
“I hesitate to bring this up, but last year my tax rate was the lowest amongst the 25 people working in my office and I don’t even have any tax shelters.”
“If you look at payroll taxes, they’re consistently up since World War II and corporate taxes have gone down dramatically from 4% of GDP to now 1.5% of GDP.”
“But we hear all the lobbyists tell us the opposite which is a lot of baloney. Put me down as undecided. 😅”
- Warren Buffett. Fortune. 2014
Shaquille O'Neal gives his best negotiation advice
"Don't talk first and start high."
"I'll start off at $200 million, and they'll be like no 110, I'll say nah 140, they say 125, deal."
"If you start at 50 and their budget is 200, you just lost $150 million."
This 1 hour Yale lecture will teach you more about options trading & the exact models Hedge Funds use than most people learn in their entire careers on Wall Street.
Bookmark it and give it 1 hour today, no matter what.
IN 1985 ONE OF THE GREATEST PHYSICISTS WHO EVER LIVED SAT DOWN TO EXPLAIN HOW COMPUTERS ACTUALLY WORK AND TOLD A ROOM FULL OF ENGINEERS THE MACHINE IS COMPLETELY DUMB
76 minutes from Richard Feynman, still called the clearest explanation of what a computer really is ever given.
-> The idea that lands: a computer is just a very, very fast, very, very dumb file clerk. It doesn't think. It follows tiny simple rules, billions of times a second.
All the complexity you're in awe of comes from stacking simple things. There's no magic underneath. There never was.
Forty years later everyone calls the model "Intelligent". Feynman already told you what it really is: speed, not thought.
Being amazed by the machine was never the point -> understanding what it's actually doing is.
Most people are dazzled by what AI says. The ones who watched this know exactly what's happening underneath.
Bookmark & Watch it today. This one's a legend ↓
Strong words from the greatest Shooter of All Time
“Your state of mind is the main driving force behind your successes and failures”
Thoughts have a frequency
(Via @DanAbrahams77 🎥)
INSTEAD OF WATCHING AN HOUR OF NETFLIX TONIGHT.
This 1 hour Stanford lecture by Joel Peterson will teach you more about negotiation and getting what you want than most people figure out in a lifetime.
He chaired JetBlue for 12 years, ran the world's largest private real estate firm, and backed companies like Bonobos and Asurion — and taught this exact playbook at Stanford for 30 years.
Most people will scroll past this and keep losing negotiations they didn't even know they were in.
Bookmark it and give it an hour, no matter what.