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I’ve been investing over…probably 25,000 days. If you took the headlines from the [news] of those 25,000 days…I’ll bet a majority…certainly wouldn’t be good news or optimistic… America works, but the headlines are frequently going to be kind of alarmist.

about 2 hours ago

wenbin.orgwenbin.org

All intelligent people should think primarily in terms of opportunity cost. When deciding whether to do something compare it with the best opportunity you have.

2 days ago

wenbin.orgwenbin.org

Netflix culture slides

2 days ago

wenbin.orgwenbin.org

The profitability of American business determines the profitability of what the owners of American business [earn] — and you can forget all about the little ticker symbols and everything else.

3 days ago

wenbin.orgwenbin.org

If you’ve got 150 IQ and you’re in my business, go sell 20 or 30 points to somebody else because you really don’t need it. You need emotional stability.

4 days ago

wenbin.orgwenbin.org

The highest form of wealth

4 days ago

wenbin.orgwenbin.org

Never underestimate the man who overestimates himself. These weird guys who overestimate themselves occasionally knock it right out of the park.

4 days ago

wenbin.orgwenbin.org

People calculate too much and think too little.

5 days ago

wenbin.orgwenbin.org

Bad news is an investor's best friend. It lets you buy at a marked-down price.

6 days ago

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How to Get Rich (without getting lucky)

6 days ago

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The best armour of old age is a well spent life preceding it.

6 days ago

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If you want a formula, you should go back to graduate school. They will give you lots of formulas that won't work. When Costco was selling at about 12 to 13x earnings, I thought that was a ridiculously low value…but I can't reduce that to a formula for you.

11 days ago

wenbin.orgwenbin.org

It’s so simple: you spend less than you earn. Invest shrewdly. Avoid toxic people and toxic activities. Try to keep learning all your life. And do a lot of deferred gratification. If you do all those things, you are almost certain to succeed. And if you don’t, you’ll need a lot of luck. And you don’t want to need a lot of luck. You want to go into a game where you’re very likely to win without having any unusual luck

12 days ago

wenbin.orgwenbin.org

No wise pilot, no matter how great his talent and experience, fails to use a checklist.

13 days ago

wenbin.orgwenbin.org

I regard Berkshire Hathaway sort of like a painter regards a painting. The difference being that the canvas is unlimited. There’s no finish line…[Investing’s] a game that you can continue to play.

15 days ago

wenbin.orgwenbin.org

It’s more important…what’s on your inner scorecard than your outer scorecard. Some people get in a position where they’re thinking all of the time of what the world’s going to think of this or that instead of what they themselves think. If you’re comfortable with your inner scorecard, I think you’re going to have a pretty happy life. I think the people that strive too much for the outer scorecard sometimes finds that it’s a little hollow when they get all through.

15 days ago

wenbin.orgwenbin.org

An intense interest in a subject is indispensable if you are really going to excel in it.

17 days ago

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Time is the friend of the wonderful company, the enemy of the mediocre.

17 days ago

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Selling your winners and holding your losers is like cutting flowers and watering weeds.

17 days ago

wenbin.orgwenbin.org

Baremetrics sold for $4m and investors wrote off $800k

18 days ago

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Buffer’s $3.3M Buyout of Series A Investors

18 days ago

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Wistia’s $17.3M Debt Financing and Investor Buyback

18 days ago

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KPCB’s 2012 Investment of $7M in Gumroad and the 2017 $1 Buyout

18 days ago

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If you aren't happy having $100,000, you're not going to be happy if you have $100 million.

19 days ago

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DRUDGE REPORT

19 days ago

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Five Links for March 2025 - Summation by Auren Hoffman

19 days ago

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"5-Bullet Friday" email newsletter by Tim Ferriss

19 days ago

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kottke.org - home of fine hypertext products

19 days ago

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theSkimm - Your go-to for the info and tools you need to live your smartest life. | theSkimm

19 days ago

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Techmeme

19 days ago

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I’ve been investing over…probably 25,000 days. If you took the headlines from the [news] of those 25,000 days…I’ll bet a majority…certainly wouldn’t be good news or optimistic… America works, but the headlines are frequently going to be kind of alarmist.

All intelligent people should think primarily in terms of opportunity cost. When deciding whether to do something compare it with the best opportunity you have.

Netflix culture slides

The profitability of American business determines the profitability of what the owners of American business [earn] — and you can forget all about the little ticker symbols and everything else.

If you’ve got 150 IQ and you’re in my business, go sell 20 or 30 points to somebody else because you really don’t need it. You need emotional stability.

The highest form of wealth

Never underestimate the man who overestimates himself. These weird guys who overestimate themselves occasionally knock it right out of the park.

People calculate too much and think too little.

Bad news is an investor's best friend. It lets you buy at a marked-down price.

How to Get Rich (without getting lucky)

The best armour of old age is a well spent life preceding it.

If you want a formula, you should go back to graduate school. They will give you lots of formulas that won't work. When Costco was selling at about 12 to 13x earnings, I thought that was a ridiculously low value…but I can't reduce that to a formula for you.

No wise pilot, no matter how great his talent and experience, fails to use a checklist.

I regard Berkshire Hathaway sort of like a painter regards a painting. The difference being that the canvas is unlimited. There’s no finish line…[Investing’s] a game that you can continue to play.

An intense interest in a subject is indispensable if you are really going to excel in it.

Time is the friend of the wonderful company, the enemy of the mediocre.

Selling your winners and holding your losers is like cutting flowers and watering weeds.

Baremetrics sold for $4m and investors wrote off $800k

Buffer’s $3.3M Buyout of Series A Investors

Wistia’s $17.3M Debt Financing and Investor Buyback

KPCB’s 2012 Investment of $7M in Gumroad and the 2017 $1 Buyout

If you aren't happy having $100,000, you're not going to be happy if you have $100 million.

DRUDGE REPORT

Five Links for March 2025 - Summation by Auren Hoffman

"5-Bullet Friday" email newsletter by Tim Ferriss

kottke.org - home of fine hypertext products

theSkimm - Your go-to for the info and tools you need to live your smartest life. | theSkimm

Techmeme

Command Palette

Follow your favorite blogs

Make your own feed

Share your readings

Get €20 Credits

I’ve been investing over…probably 25,000 days. If you took the headlines from the [news] of those 25,000 days…I’ll bet a majority…certainly wouldn’t be good news or optimistic… America works, but the headlines are frequently going to be kind of alarmist.

All intelligent people should think primarily in terms of opportunity cost. When deciding whether to do something compare it with the best opportunity you have.

Netflix culture slides

The profitability of American business determines the profitability of what the owners of American business [earn] — and you can forget all about the little ticker symbols and everything else.

If you’ve got 150 IQ and you’re in my business, go sell 20 or 30 points to somebody else because you really don’t need it. You need emotional stability.

The highest form of wealth

Never underestimate the man who overestimates himself. These weird guys who overestimate themselves occasionally knock it right out of the park.

People calculate too much and think too little.

Bad news is an investor's best friend. It lets you buy at a marked-down price.

How to Get Rich (without getting lucky)

The best armour of old age is a well spent life preceding it.

If you want a formula, you should go back to graduate school. They will give you lots of formulas that won't work. When Costco was selling at about 12 to 13x earnings, I thought that was a ridiculously low value…but I can't reduce that to a formula for you.

No wise pilot, no matter how great his talent and experience, fails to use a checklist.

I regard Berkshire Hathaway sort of like a painter regards a painting. The difference being that the canvas is unlimited. There’s no finish line…[Investing’s] a game that you can continue to play.

An intense interest in a subject is indispensable if you are really going to excel in it.

Time is the friend of the wonderful company, the enemy of the mediocre.

Selling your winners and holding your losers is like cutting flowers and watering weeds.

Baremetrics sold for $4m and investors wrote off $800k

Buffer’s $3.3M Buyout of Series A Investors

Wistia’s $17.3M Debt Financing and Investor Buyback

KPCB’s 2012 Investment of $7M in Gumroad and the 2017 $1 Buyout

If you aren't happy having $100,000, you're not going to be happy if you have $100 million.

DRUDGE REPORT

Five Links for March 2025 - Summation by Auren Hoffman

"5-Bullet Friday" email newsletter by Tim Ferriss

kottke.org - home of fine hypertext products

theSkimm - Your go-to for the info and tools you need to live your smartest life. | theSkimm

Techmeme