1) Man, I didn't know this story about Muhammad Ali, what a lesson:

Taken entirely from @DailyDadEmail.
2) You might not think of Muhammad Ali as someone who needed anyone to believe in him, but that’s because you only saw him later in life.
3) You saw the cocky boxer, the brilliant self-promoter, the master of his craft, the fearless warrior.
4) But at one point, he was a scared child, like every other kid.

He was a young black boy named Cassius Clay in a segregated America, who struggled in school and wasn’t sure where life would take him.
5) Luckily, he had someone who did believe in him, a school principal named Atwood Wilson.
6) While other teachers and administrators had trouble knowing what to do with this rowdy kid, Wilson decided he was going to be a fan.
7) “Here he is, ladies and gentlemen!” the principal would shout when he saw him.

“Cassius Clay! The next heavyweight champion of the world. This guy is going to make a million dollars!”
8) Can you imagine the effect that would have on a kid who knew little of hope or help or opportunity?
9) When some teachers wanted to fail Cassius, whose priorities were athletics, not academics, Wilson intervened and gave a speech that few ever forgot.
10) “Do you think I am going to be the principal of a school that Cassius Clay didn’t finish?” he told them.

“He’s not going to fail in my school. I’m going to say, ‘I taught him!’”
11) Can you imagine the confidence this might instill?

No wonder he was so determined and bold later in life.
12) Every kid needs this.

Somebody who believes in them.

Somebody who fights for them.
13) Somebody who sees not only what most people can’t see about them, but what they can’t even see about themselves.
14) It’s wonderful that Atwood Wilson stepped up.

It’s wonderful that people have stepped up like that in your life—maybe it was an English teacher, or a neighbor, or a grandparent.
15) But you know whose job it is with your kids?

Who has to be that first, loudest, most resolute cheerleader for them?

You.
16) Cassius Clay wasn’t going to fail in a school run by Atwood Wilson, and your kid isn’t going to fail in a home run by you.
17) Sign up for @DailyDadEmail. The only email I look forward to reading every morning.

Grateful to @RyanHoliday and the whole team for conjuring this up. ❤️

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More from @jsmian

28 Aug
1) Every decade, there is a theme that captures the zeitgeist and turns into an investment mania.
2) It was gold in the 1970s, Japan in the 1980s, Nasdaq in the 1990s, China and commodities in the 2000s, and software in the 2010s.
3) Now that climate change has become a political and economic priority, I believe the global race to zero emissions is the investment zeitgeist for this decade.
Read 4 tweets
7 Aug
Fifteen years ago, I blew my first shot at joining the buy side.

It was the first time I learned about humility. 🧵
1) I was in the final round for an analyst position with CIBC Asset Management in Toronto.

After a candid back and forth, the interviewer posed his final question:

“What’s the most important trait for a successful investing career?”
2) An image of my father flashed into my mind.

“Hard work and discipline,” I replied.
Read 24 tweets
5 Aug
What makes Warren Buffett the greatest investor of all-time?

He is the only infinite-minded investor in the stock market, which is an infinite game. 🧵
1) An infinite game is not bounded by time and the objective is not winning but ensuring the continuation of play.

An infinite game continues with you or without you.
2) Investing is an infinite game. But most people play with a finite mindset. That’s a problem.

Finite play in an infinite game is contradictory.
Read 22 tweets
25 Jul
1) The way we breathe is inextricably linked to the way we live.

I’m embarrassed how long it took me to figure this out.

Given my sinus I’ve been breathing poorly my whole life.

What I’ve learned 👇🏼👇🏼👇🏼
2) Breathing, with awareness and intention, sits at the heart of spiritual practice.

To let one breath go, say the Sufis, without being conscious of it is a sin.
3) Our daily intake is twenty-five thousand breaths, and we may well not even notice one.
Read 23 tweets
22 Jul
So Branson went to 86.1 kilometers of altitude and Bezos went to 107 kilometres.

This reminds me of the late 1920’s race to build the tallest building in Manhattan.
Walter Chrysler planned an 808-feet tall monument embellished with gargoyles based on radiator ornaments from Chrysler’s cars.
But once a rival publicized a slightly higher structure, Chrysler had his architect secretly build a 185-foot spire which would bring the height of the Chrysler Building to 1,046 feet.
Read 5 tweets
4 Jul
On August 29, 1952, the piano virtuoso David Tudor walked onto stage of the barn-like Maverick Concert Hall on the outskirts of Woodstock.

He sat at the piano, propped up six pages of blank sheet music, closed the keyboard lid, and clicked a stopwatch.

What happened next? 🧵
1/ Thirty seconds passed.

The audience, a broad cross-section of the city’s classical musical community, waited for something to happen.
2/ Tudor turned one of the blank pages but made no sound.

For four and a half minutes, he went about doing nothing. He never played a note.

He then stood up, bowed, and walked off stage. That was all.
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