investing

“Well, I would say like, you know, you never, you know, probably the best advice I could give is never invest on somebody else's conviction. Cause when they're wrong, it really leaves a bad taste in your mouth. Cause you didn't believe to begin with.”

“If everybody agrees it's a great investment, then the price is baked in, right? So ultimately, if you want to have any kind of outsized return, you have to be betting on something that not everybody is agreeing with you is a is a good investment.”

“I think as creators, we're really good at generating money, but we don't know how to turn money into money. Because it's like. It's a totally different skill set. And then we don't know who to trust with that.”

“Pessimists get to be right and optimists get to be rich. And so one thing we'll see when we go through these, I think is that the times where we said, ah, it's not going to work. Those are the ones where we have a higher hit rate, right? Because pessimists nat…”

“He goes, if you have a team, everybody just centers around the safe picks that we can all agree on. And he's like, you know, you'll never find the truly, truly contrarian hated and unloved things. If you invest as a team, because it's not a team sport.”

“Operator. It's all about action. You know, it's all action, action, action. You got to do stuff, right? You're trying to do as many things as you can be super productive as an investor. It's like, sit on your hands. Inaction is your friend. All the money's mad…”

“I think I realized that in order to be a world-class investor, finances are actually secondary to human nature. Financial trends change every decade, every handful of decades. Something will, some new thing will pop up, you know, SPACs are this new thing. So l…”

“It might be That one of the biggest leaks in investing is too much activity. And the remedy for too much activity is actually to just busy yourself with bridge and books and playing pickleball and doing other things so that you are not prone to just sitting th…”