Shaq got a pre-IPO investment in $GOOGL in 1999 after overhearing 2 Google employees chatting in a hotel
Shaq made $300m in his career and his portfolio is insane:

*17 Auntie Anne’s Pretzels franchises
*40 24-Hour Fitness gyms
*150 car washes
*~155 Five Guys locations
*$10m stake in Papa John’s
*90s stake in $AAPL
*Sacramento Kings minority ownership
A breakdown of Shaq’s investment process
PS. hit that FOLLOW for someone who spends all day finding gold on the internet, ...like how Steve Ballmer turned 0% equity into an 8% stake in Microsoft.
PPS. On a more serious note, Shaq credits his investment performance to copying Bezos strategy on if things will “change people’s lives”

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More from @TrungTPhan

1 Mar
1/ In 2004, Elon Musk and Jeff Bezos met for a meal to discuss space.

It was one of their few in-person interactions.

The conversation they had perfectly captures the different approaches they've taken to space exploration.

Here's the story 🧵 Image
2/ For Bezos, the path to the meeting began in 1999 when he and famed sci-fi author Neal Stephenson watched the film "October Sky" (about NASA engineer Homer Hickam)

After the viewing, the Amazon founder told Stephenson he always wanted to start a space company... Image
3/..and Stephenson said "why don't you start today?"

Stephenson -- author of classics such as "Snow Crash" -- was hire #1 and put together a team of thinkers and engineers.

Bezos dropped in on the team one Saturday a month, mostly to discuss alternatives to chemical rockets. ImageImage
Read 16 tweets
25 Feb
1/ When Steve Ballmer joined Microsoft in 1980, he was employee #30 and received ZERO equity.

By its IPO in 1986, he owned 8% of the Microsoft, which makes up the majority of his $80B fortune today.

How did Ballmer get that stake, though? A contract quirk.

Here's the story🧵
2/ Ballmer's Microsoft tale begins in 1975, his sophomore year at Harvard.

He lived down the hall from some dude named Bill Gates.

While Gates dropped out to start Microsoft, Ballmer was a total Harvard head -- playing on the Football team and writing for The Crimson.
3/ After graduating, Ballmer tried his hands at a few things:

• Product Manager at P&G, where he worked with future GE CEO Jeff Immelt
• A brief attempt at Hollywood screenwriting
• Stanford Business School

While at Stanford, Ballmer was convinced by Gates to drop out...
Read 14 tweets
25 Feb
Incredible video of @beeple making one of his digital art pieces.

He says it takes about 2 hours.
Here’s Beeple’s Christie’s video explaining process
Beeple's GAFA art is out of control haha
Read 5 tweets
24 Feb
Roaring Kitty after his new $2.4m position in $GME he put in on Friday quadrupled in 4 days:
The meme on WSB are utterly out of control right now

reddit.com/r/wallstreetbe…
Out. Of. Control. 💎🙌

reddit.com/r/wallstreetbe…
Read 4 tweets
22 Feb
1/ Bernard Arnault is the world’s 3rd richest person. Worth $158B, he built the luxury LVMH empire over 30+ years.

Arnault's vision and business tactics (he's been called "The Sun Zu of Luxury") are equal parts legendary and controversial.

Here's his story 🧵
2/ Today, the LVMH empire bring in $55B+ a year, employs 160k people and houses 75 brands:

• Fashion (LV, Celine, Fendi)
• Wine & Spirits (Krug, Hennesy, Belvedere, Moet)
• Perfumes (Dior, Guerian)
• Watches & Jewelry (Tiffany's, Hublot, Tag Heuer)
• Retail (Sephora)
3/ Arnault’s story begins in 1949, born in Roubaix, France (2hrs from Paris)

His family owned a civil engineering company. After graduating from École Polytechnique (France’s top engineering school), he began work for the family firm.

By 25, he was in charge.
Read 22 tweets
19 Feb
1/ There's a communications technique called "Public Narrative". Created by a Harvard prof, it has influenced leading politicians (Obama) and business people (Bezos).

Once you learn it, you see it everywhere...like in Vlad Tenev's GameStop speech.

Let me explain 🧵
2/ "Public Narrative" was created by Marshall Ganz, a Harvard PhD, community organizer & Harvard lecturer.

It's a way structure speech so to persuade and turn values into action. It's been used by lawyers, politicians, activists, PR, teachers and business folk of all stripes.
3/ "Public Narrative" is composed of 3 parts:

• Story of self (a personal story, which invites listeners to connect w/ the teller)
• Story of us (a collective "we" story to show shared purpose)
• Story of now (an urgent story to create action)

Again: Turn values --> action
Read 13 tweets

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