The best founders don't seek risk; they look for opportunity that others don't see. This usually looks like risk to people that don't know better.
Peter Thiel: What truth do you know that others disagree with?
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The best founders don't seek risk; they look for opportunity that others don't see. This usually looks like risk to people that don't know better.
Peter Thiel: What truth do you know that others disagree with?
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We are back to basics. Founders, employees and investors need to fight for survival. It is war time now. Lean and mean is in vogue. Hard core work ethic of 996 (9 to 9, 6 days a week) will be required. It will be brutal and only the strong will survive like it always has been. But out of this reset, I expect to see another inevitable massive wave of growth and opportunity…..eventually. Marvin Liao. Marvin Liao thanks for great insights.
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Veteran turned Self-Mastery Coach | Girl Dad X 2 | Empowering Parents to Master Themselves & Lead Their Families | Ready to Transform? Follow, Send a DM or Visit DADS-TIME.COM
Charlie Munger was one of the greatest businessmen and investors the world has ever seen. People may be shocked to hear that he was a harsh grader of people. What do I mean by that? Charlie kept his inner circle small and was very selective about who he spent time with. Obviously not everyone got to be one of Charlie's friends and I believe he did this strategically for a few reasons: 1.) Removing the weakest link makes the chain stronger Think back to any group project you ever completed. I can almost guarantee there was one or two people that didn't contribute, or put in any effort. Cutting these types of individuals only serves to make the group stronger because it eliminates gaps. 2.) Putting yourself around people who challenge you makes you grow Regardless of how smart you are, you can always learn something. Surrounding yourself with people who compliment your weaknesses will make you a well rounded individual.Spending all your time around people that look, act, and think identical to you will never allow you to grow. 3.) Past history should not define your future Along this journey we call life you have probably had a friend that just brings the group down. We all know the type; they make questionable decisions and their ethics always seem backwards. But, we keep them around because we've known them for so long. This is dangerous, and will severely impact your future relationships. Often the best policy is to cut ties and move forward. I understand that this may sound harsh because it is. But I want to paint the picture that keeping toxic individuals in life is not a good policy. Charlie knew this, and I would say he probably applied these rules to his investing as well. Sometimes holding onto that stock until it plummets to the ground isn't the best policy. #investing #future
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Transform Your Savings to Wealth: Personalized Solutions for Ambitious Professionals | Founder - GrowthQuest
Behind Every Successful Investor is: → Emotional Control in Booming Markets → Courage to Hold When Markets Falter → Unwavering Long-Term Commitment → Tons of Patience Amid Uncertainty → Staying Away From Herd Mentality → Mastering Delayed Gratification → Resisting Impulsive Decisions Every successful investor has mastered these behavioral traits. It can take several years for an individual to master each one of these aspects. That's why it's crucial to support and learn from each other. #InvestingWisdom #FinancialSuccess #SupportEachOther #GrowthQuest
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"Charlie has the best 30-second mind in the world." - Warren Buffett But despite his brilliantly fast mind, his success came from long-term thinking. Here are 13 Mental Models (explained in 2 minutes) that helped him combine both: 1. Circle of Competence - Focus on areas within your expertise and understanding. Expand that circle but avoid venturing into unfamiliar territories. 2. Inversion - Instead of solving problems directly, consider them in reverse. Identify what could cause failure to better navigate and mitigate risks. 3. First Principles Thinking - Break down complex problems into fundamental principles. Solve them from the ground up, rather than relying on conventional wisdom or assumptions. 4. Margin of Safety - Employ a margin of safety by making conservative estimates and allowing for a buffer against uncertainties or errors when making (investment) decisions. 5. Psychology of Misjudgment - Recognize and understand common biases and psychological tendencies that can lead to faulty decision-making. 6. Checklist Manifesto - Use checklists to systematically ensure critical factors are considered. 7. Paradox of Tolerance - Acknowledge the importance of being open-minded, yet understand when and where to draw the line by not tolerating intolerable behaviors or ideas. 8. Complex Adaptive Systems - Consider systems as interconnected and evolving entities, understanding that changes in one part can have profound effects on the whole. 9. Network Effects - Recognize the value of networks and how they can amplify the value of a product or service as more people adopt it. 10. Comp. Advantages & Moats - Understand and invest in companies with durable competitive advantages that protect them from competitors. 11. Redundancy - Employ redundancy and backup systems to reduce the risk of catastrophic failure. 12. Second-Order Thinking - Think beyond the immediate consequences of an action. Consider secondary and long-term effects that might follow. 13. Lollapalooza Effect - Apply mental models from a variety of disciplines to form a comprehensive understanding of complex issues. That's it for today! If you enjoyed it, please Like and share it. Follow me Onkar Nade to learn more about Investing. Have a great day! #investing #stockmarket #finance #linkedin
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There's that heart-stopping moment when you realize you might just run out of cash before you hit your next big milestone. Been there, done that. And yes, there were times when things didn't work out too, and we ran out of cash. Having to wind down a company is a gut punch—you feel like a failure in the moment. But it's part of the game—a tough lesson in resilience and reality. This scenario is all too familiar for many founders, especially in the last 24 months. And we're not out of the woods yet, with probably another year or so to go. It's a rough patch, no doubt. Facing these challenges means making some hard decisions. During these times, you also discover who your true allies are. A few of your VCs and investors will step up, ready to weather the storm with you. But be prepared, as many will scatter at the first sign of trouble. Why? Because most of them have never been on the other side as founders or operators with real company-building experience. Building something from the ground up is hard. But remember, it's these very trials that develop the best founders. Those who can navigate this, make those tough calls, and keep their heads up will emerge stronger, wiser, and ready for the next challenge. Founders out there facing this crunch: you're not alone.
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It's a bit of a tough decision to post this today, and I debated whether to share it. However, I realised the significance of this experience and the profound impact it had on me. I recently had a deeply meaningful encounter with a CEO and investment fund manager overseeing a massive 100 billion SAR program. In our conversation, they referred to me as 'naive' and drew a parallel between my values and those of Mahatma Gandhi and Mother Teresa. This encounter served as a stark reminder of the paramount importance of never selling out and staying true to our principles. Now they might have been right, in fact they probably were a little but, in a world, where everything is about money, I want to build something more meaningful than that. I want to affect change, positive change. In a world where business decisions are driven solely by profit, it's crucial to remember that integrity is our North Star. Throughout my career, I've been fortunate enough to carve out spaces for growth, to experiment, and to evolve both personally and professionally. As leaders, we often find ourselves at crossroads where our integrity is put to the test. As leaders, we face choices that can test our integrity. We may encounter pressures to compromise our values for short-term gains. But we must remain steadfast in our commitment to what is right. This brings us to a critical point – the allure of immediate gains and instant gratification versus the long game. In today's startup culture, the mantra is often 'release quickly, iterate faster.' While some of us may not have the luxury of time, taking a moment to pause and reflect can make all the difference in the world. Integrity is not just a virtue; it's the very foundation of trust and credibility in our professional lives. It serves as a guiding beacon during complex decisions, ensuring that our actions consistently mirror the values we hold dear. Let's pledge never to waver in our relentless pursuit of integrity. In the grand scheme of things, it's not about what we gain in the moment but the lasting legacy we leave behind. Our choices today shape the world we pass on to future generations and I for one would rather I was remembered for positive change rather than a giant bank account.
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Capital Market| Analyst| Trainer| Researcher| Writer| Technical Analyst |CEO @ Lutfi Institute of Capital Market | | Financial Markets
The most important thing for an investor is how they handle situations, not just how smart they are. Being smart is good, but it's not as crucial as having the right attitude. It means staying calm when things get tough in the capital market, not making quick decisions, and thinking about the long term. Successful investors are the ones who can keep their cool, even when things aren't going well. It's easy to let emotions like fear or wanting to make a quick profit take over, but that usually leads to bad choices. So, being steady and patient is more important than just being really smart.
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The most important thing for an investor is how they handle situations, not just how smart they are. Being smart is good, but it's not as crucial as having the right attitude. It means staying calm when things get tough in the capital market, not making quick decisions, and thinking about the long term. Successful investors are the ones who can keep their cool, even when things aren't going well. It's easy to let emotions like fear or wanting to make a quick profit take over, but that usually leads to bad choices. So, being steady and patient is more important than just being really smart.
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🗣️Where are my ambitious leaders, generational curse breakers, and savvy business owners? Meet Novae the Credit and Money Company 💰 🌀 A+ Rating with the Better Business Bureau ✅️ Inc. 5000 Fastest Growing Companies 3 years in a row ✅️ Top Rated Fintech Company focused on helping Black and Brown Communitites increase their financial literacy and livelihood ✅️ We are EXPANDING!! I'm seeking a like-minded individuals to partner up, provide mutual support, and thrive together. We provide mentorship, training, and tools to improve your own finances as well. I'm passionate about building a team and focusing my energy on building something bigger than myself. If you share this vision and need more info or ready to take action, , let's connect! Type “🔥” and let's chat about how we can support each other in achieving our goals. * * * #Fintech #entrepreneurmindset #collaborationovercompetition #boss #bosslady #smallbiz #workfromhome
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🚀 Exciting Times Ahead! 🚀 They say patience is a virtue, and in the world of investing, it's the key to unlocking incredible opportunities! 💼 What's the day we're eagerly anticipating? The day when the companies on out watchlist go on sale! 📉 But why the anticipation, you may ask? Well, it's because as legendary investor Charlie Munger once remarked, "the big money is not in the buying and the selling, but in the waiting!" 📈 So, what exactly happens when a company hits our radar? We embark on a journey of thorough research and analysis, ensuring it meets our stringent criteria. But the real magic begins when it hits our Margin of Safety price – that's when the game truly begins! 💰 But how does a company go on sale, you wonder? It all boils down to one word: events! These can range from company-specific occurrences like earnings misses to broader market shifts like recessions. 🌍 Here's the kicker: the risk in any investment actually decreases with falling prices! 📉 However, it's crucial to conduct due diligence and have confidence that the company can weather the storm and emerge stronger in the long run. 🌱 Curious to learn more about the fascinating world of investing? Don't hesitate to reach out and start your journey today! 📩 #Investing #PatiencePaysOff #MarginOfSafety #OpportunityAwaits
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Early-Stage Investor + Operator
3moFantastic encapsulation of information asymmetry with someone who has deeply analyzed a problem vs. someone who simply acknowledges its a problem when considering #risk