Ryan Reynolds is one of the most talented entrepreneurs on the planet
- Today he sold Mint Mobile for $1.35 billion
- In 2020 he sold Aviation Gin for $610 million
- He bought Wrexham F.C. for $2.5m
- Not a bad actor as well
Warren Buffett just released his 58th shareholder letter.
Here are the most interesting quotes:
On trust of their CEOs:
"When large enterprises are being managed, both trust and rules are essential...We are understanding about business mistakes; our tolerance for personal misconduct
is zero."
On Capitalism:
"Capitalism has two sides: The system creates an ever-growing pile of losers while concurrently delivering a gusher of improved goods and services. Schumpeter called this phenomenon “creative destruction.”