People go to bat for people they like. It’s really as simple as that.
In a positive case - they’ll go the extra mile to support you.
In a negative case - they’ll give you the benefit of the doubt.
Being nice to others pays unplanned dividends.
Principle #9: Get comfortable with being uncomfortable
If you get advice from enough people, the advice cancels out. You can find 2 smart people to take opposite sides of the argument on virtually every topic.
Focus on developing your instincts and trusting your own intuition
Principle #10: Train yourself to be open minded vs. close minded
1. Cancel culture gets canceled 2. Ozempic (GLP-1) is bigger than AI 3. Private credit is a headfake 4. Another Tier 1 Investor blows up 5. S&P 500 sees a +15% gain 6. TikTok finally gets banned in the US
7. Longevity products go mainstream 8. Crypto begins a new bull market 9. Terminal multiples for software businesses double 10. Software moats erode with AI 11. Valuation dispersion widens 12. A new generational social media product is born
13. India has a blockbuster startup IPO 14. US IPO market reopens; M&A stalls with regulation 15. Small cap tech IPOs will make a come back 16. Take private accelerate in SaaS via PE 17. AI deflates healthcare 18. SMB M&A arbitrage goes away 19. Digital detoxes go mainstream