1/ Skill and success compound over time similar to the way capital can compound. Success and skill attract other other skillful people as colleagues from whom you learn more [repeat]. Of all topics in my recent Infinite Loops podcast, this flywheel idea generated the most DMs.
2/ How much you know doesn't need to be an accident. The the more you learn and acquire skills, the more skillful and knowledgeable people say, "Wow, she knows a lot. Let's get her involved." Each time you level up on knowledge and skill the more powerful is this feedback loop.
3/ I tell young people to pick an area and dig in as far as they can to learn and grow their skills. Inevitably people will come to them with questions, information and opportunities. The more you know, the more other people will want to know what you know. Success compounds.
4/ Luck is what you can't control. I was lucky to have fantastic parents. If you can control something, like how much you know and the level of skill you have, that is skill not luck. Helping people bootstrap their skill and success flywheels is rewarding. amazon.com/Success-Equati…
5/ Because of the pandemic there are a lot of people who don't have a success and skill flywheel that is spinning in a way that generates positive outcomes. For too many there are anti-success flywheels creating negative outcomes. Helping others successfully spin = life karma.
6/ In what area should someone become an expert?

Make it a passion: Creating and sustaining expertise = vastly easier.

Be specific. In tech, areas like K8s or the API economy are too broad. Specialize after acquiring broader expertise.

Surf a wave: Be early in the lineup.
7/ Is this approach useful for older people rebooting a career? Sure, but they are more likely to know this from experience. Reminders are good tho.

Never stop learning and often you learn from smart colleagues and customers. Try to create feedback loops with positive outcomes

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More from @trengriffin

15 Dec
1/ Peter Bevelin, who has written books like “Seeking Wisdom: From Darwin to Munger,” provided me with a rough transcript of the Charlie Munger talk from yesterday. I did some clean up and editing and focus on points I didn’t make in my tweets yesterday. amazon.com/Seeking-Wisdom…
2/ “All successful investment involves trying to get into something where it's worth more than you're paying. That's what successful investment is. There are a lot of different ways to find something worth more than you're paying. You can do what Sequoia does [e.g, in VC]."
3/ “Good investing requires a weird combination of patience and aggression and not many people have it. It also requires a big amount of self-awareness about how much you know and how much you don't know. You have to know the edge of your own competency."
Read 33 tweets
15 Dec
"You can't live a successful life without doing some difficult things that go wrong. That's just the nature of the game, and you wouldn't be sufficiently courageous if you tried to avoid every single reverse." Charlie Munger
"A lot of brilliant people think they're way smarter than they are. And of course that's dangerous and causes trouble. I think great investors to some extent are like great chess players. They're almost born to be investors."

Charlie Munger bloomberg.com/news/articles/…
"So many people are investing and the frenzy is so great and the reward systems are so foolish. I think the returns will go down. Nobody knows when bubbles are gonna blow up. We're in very uncharted waters. This has been unbelievable. There's never been anything quite like it."
Read 6 tweets
14 Dec
If you go into a career that's tough you are not going to do very well. Find something where you have special advantages. There were things about law that I didn't like but I had to support my family. I spent less than I earned and invested. That enabled me to work for myself.
"I did not make my fortune on the cutting age of technology. I damn near lost all my money in an early investment in a instrument company. Magnetic tape came along and we didn't plan for that. Technology is a killer as well an an opportunity." Charlie Munger
"Some people try to get on the cutting edge of change. Other people do some of that, but mostly avoid big technology changes that that may hurt their investment. Everyone uses technology, but it helps to have some part of the business that technology can't change as easily." CM
Read 14 tweets
12 Dec
1/ Bill Campbell (Coach) was the only person I needed a separate category for when I wrote my last book A Dozen Lessons for Entrepreneurs. You can read the into to that book for free:issuu.com/columbiaup/doc… I've talked to a lot of people about why he was such an effective coach.
2/ A friend who worked with Bill Campbell for years told me: "CEOs really respected him and his opinions, especially about people." Another friend said: "Campbell and Steve Jobs were both powerful leaders, and devoted to each other, but radically different in style and demeanor."
3/ While you may never have the level of people skills of someone like Bill Campbell, you can learn from him. The way he mixed copious profanity with hugs would be impossible to replicate precisely, but you can learn to mix honesty and empathy in your interactions with people.
Read 9 tweets
12 Dec
1/ This pod of transient orcas was in my hood last Sunday. These orcas are healthier than resident orcas since they aren't dependent on salmon. I have identified with orcas since my father told me bedtime stories about them when I was a very young child. kitsapsun.com/picture-galler… Image
2/ That I have edited two books of children's stories collected by my great grandfather is not well known.

If you don't like stories, I feel bad for you son, I got 99 problems, but telling stories ain't one.
amazon.com/Ah-Mo-Indian-L…
3/ "How many great stories can you tell about your own life? If you can do so you've had great experiences, which means you've met great people and you've made a difference. Soon enough you're old - then dead. Be curious and have great life experiences." infiniteloopspodcast.com/tren-griffin-e…
Read 6 tweets
9 Dec
Bill Gates: “The only trick in software is to use code that’s already been written." Computerworld, May 24, 1993.

What makes software more reusable?

"APIs all the way down." notboring.substack.com/p/apis-all-the…
"On Invest Like the Best, Benchmark’s Eric Vishria describes it simply: people interact with software through Graphical User Interfaces (GUIs), software interacts with software through APIs."

“There’s an app for that” is now “there’s an API for that.”
My memory is good. For example, in 1991 Bill Gates wrote about this API:

"Our strategy is make sure we evolve the Windows API and get developers to take advantage of new features rapidly, while IBM has a poor product with poor Windows
functionality." tech-insider.org/windows/resear…
Read 5 tweets

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