There is no single “correct” path to the top.
Novak Djokovic went 3 years without sugar, let one piece of chocolate melt on his tongue after the longest tennis match ever… then went straight back to training.
Roger Federer won the Australian Open eating ice cream every single night.
George Mack’s point: Djokovic’s extreme discipline vs Federer’s relaxed enjoyment. Stephen King raw-dogging novels vs J.K. Rowling using spreadsheets. Buffett reading everything vs Jim Simons using algorithms.
At the highest level, the winners pick what works for them.
Today, I made 46x my investment in SpaceX.
Everyone rewrites history to make themselves a genius.
This incredible investment, ironically, happened because of something stupid:
The rule of reciprocity.
I met Antonio Gracias (then on the board of Tesla and SpaceX) through a mutual friend.
He was insanely awesome and gave me great advice, then his firm hired Metalab to do a project for one of their companies.
Later, he mentioned they were doing a secondaries/continuation fund for SpaceX.
At the time, I was hardcore bootstrapped-pilled/skeptical of all these crazy multi-billion-dollar unicorns, but the rule of reciprocity kicked in.
He'd helped me so much.
He was a great guy.
I should really invest in his thing.
Boy, was I ever an idiot. And it pays to be an idiot, apparently.
Thank you, Antonio (and Jon) ❤️
In honor of you, I'm naming my new yacht VALOR (only joking, I'm buying Fabergé eggs instead).
A man working as a welder at SpaceX for $28 an hour has just become a millionaire.
Juan Hernandez, who came from Mexico, welded rockets for SpaceX at $28 an hour.
SpaceX gave him $10,000 in stock when he went full time in 2015, and he bought more with every paycheck for 10 years.
$SPCX is now trading at $167, making his shares worth over $1 million.
MRBEAST JUST HIT 500 MILLION YOUTUBE SUBSCRIBERS. TOM LEE OWNS A PIECE OF HIM
Most people saw the milestone. Almost nobody connected it to Ethereum.
Back in January, Tom Lee's BitMine $BMNR put $200M into Beast Industries, the company behind MrBeast. Lee called it a "no-brainer" and said it could 10x.
His thinking goes way beyond YouTube views.
The angle: Lee sees MrBeast as a crypto on-ramp for the generation growing up on digital money, and BitMine $ETH wants exposure to that pipeline.
So the subscriber milestone isn't just a YouTube record. It's a checkpoint on one of BitMine's biggest moonshot bets.
Nassim Taleb helps run one of the most famous crash funds on earth. His edge: having no idea what's coming
He and Spitznagel buy far out-of-the-money options non-stop, regardless of the news. They never forecast the crash - they just stay positioned so one shock pays for years of small losses
~10% a year in normal times. ~3,700% in a single crisis month
"We have absolutely no notion of the future. We just buy the options."
"If you have a reason in mind to buy an option, don't - it'll already be priced in."
"Up the escalator, down the elevator."
~25 min, free. how the world's most famous crash-trader actually makes money ↓
2018: I bought ETH at $100. Bears screamed it was going to zero.
2022: I bought ETH at $1,000. Bears screamed it was going to zero.
2026: I'm buying ETH at $1,500 Bears are screaming it's going to zero.
I'm deploying $400,000 into ethereum:native over the next 90 days.
The AI capex spend is so insane that Google is raising equity from Berkshire Hathaway through a private placement to fund spend on infrastructure
Berkshire is receiving $10B split across Class A and C shares at a roughly 6% discount to share price
Bill Mann worked as a quant at AQR. Then at Two Sigma. In September 2024 his non-compete expired, and he started talking.
He breaks down:
> why everyone in the Two Sigma office sits in headphones and stays silent
> how quants used to find edge before ChatGPT existed > why he now runs four different LLMs in parallel just to answer one question
The generation now entering quant trading grew up with GPT-4. They never worked without it.
I will die and so will you. When we die, we will not be judged on the money we made or the things we owned or how cool we were.
We will be judged on how we loved.
The 7 corporal and spiritual works of mercy are Gods blue print on how we are to love and on what we will be judged on.
The 7 corporal works of mercy are: Feed the hungry, give drink to the thirsty, clothe the naked, shelter the homeless, visit the sick, visit the imprisoned, and bury the dead.
The 7 spiritual works of mercy are: Instruct the ignorant, counsel the doubtful, admonish the sinner, comfort the sorrowful, forgive injuries, bear wrongs patiently, and pray for the living and the dead.
@OperadorCenace Lo conocí en la maestría de Empresas de la Espae, una persona brillante. Esperemos que lo dejen trabajar y no le pongan trabas políticas.