buffett uses business to make money
if you want to speculate on the future, go long tesla
if you want to invest for a reasonable return, go long berkshire
May 23, 2021 • 4 tweets • 1 min read
I spent the weekend with a CIA operative and bomb-disposal expert.
Here’s what I learned 💡
1. Obsession > Intelligence
People who care orders of magnitude more than their peers outperform their smarter colleagues every day of the week—and by exceptional margins.
2. Risk > Ass Covering
You might get a nice watch after 40 years if you’re good at covering your ass.
But you won’t have much fun—and you definitely won’t move the needle for the agency or the nation.
May 23, 2021 • 4 tweets • 1 min read
if decision science has proven anything over the past fifty years it’s this:
1) the future is unpredictable; but 2) human behavior is not
bezos mastered these truths 👇🏼
“I very frequently get the question: 'What's going to change in the next 10 years?'
I almost never get the question: 'What's not going to change in the next 10 years?'
And I submit to you that that second question is actually the more important of the two.
1. low risk, high volatility 2. less certainty, more control 3. more adversity, greater strength 4. lots of intensity + leisure
Most career tracks are fragile. One small thing goes wrong and you're jobless. Dangers include:
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