Last week, I had the rare opportunity to spend one-on-one time with some of the most uncommon minds in the world while attending the Berkshire Hathaway Annual Meeting in Omaha.This piece is my attempt to distill and synthesize the notes down to a set of lessons.11 lessons from a week with legends: (1) Being misunderstood is the cost of entry, (2) Regularly question your certainty, (3) Awareness is perishable, (4) Education is the most magical thing in the world, (5) Compartmentalization is a muscle, (6) The final 5% costs an extra 100%, (7) Your environment is your destiny, (8) Cultivate an environment of respectful disagreement, (9) You have to earn the right to be a long-term thinker, (10) Stop pressing the eject button, and (11) Boredom is a cheat code.•••My first book is a 7x NYT Bestseller and has reached over 200,000 people around the world in three months since its release. Join the movement to redefine what it means to live a wealthy life.Order The 5 Types of Wealth Now!
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9:30
The Hidden Cost of Comfort
Your entire life will change when you realize that growth feeds on meaningful struggle.When you avoid that struggle, you literally starve your growth of the oxygen it needs to thrive.•••My first book is a 7x NYT Bestseller and has reached over 200,000 people around the world in three months since its release. Join the movement to redefine what it means to live a wealthy life.Order The 5 Types of Wealth Now!
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3:00
The Statistical Oddity That May Save Your Life
If you're reading this newsletter, chances are you self-identify as an ambitious, high-achieving individual. Or, at a minimum, you aspire to be one.You probably take pride in your ability to analyze a situation, deconstruct the problem, create potential solutions, and execute against them.And, up to this point, you've mostly been rewarded for that.We live in a world obsessed with numbers and analysis. We track every bit of data available to us. We relentlessly deconstruct. We optimize our routines and decisions around dashboards and spreadsheets.But unfortunately, that tendency can lead us into peril.Let me introduce you to one of my favorite obscure references:Anscombe's Quartet...•••My first book is a 7x NYT Bestseller and has reached over 200,000 people around the world in three months since its release. Join the movement to redefine what it means to live a wealthy life.Order The 5 Types of Wealth Now!
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3:22
The Most Powerful Asymmetries in Life
I define an asymmetry as something where the risk is limited but the reward is potentially significant. It's an action with an asymmetric return profile: If it doesn't work out, the cost is small, but if it does work out, the reward is large.I've been keeping a running list of the most powerful asymmetries I've found—the tiny investments with potentially outsized returns.This piece shares 44 asymmetric things you should be doing (across career, personal growth, relationships, health, and money). Choose 1-2 from each category to implement in the weeks.•••My first book is a 7x NYT Bestseller and has reached over 200,000 people around the world in three months since its release. Join the movement to redefine what it means to live a wealthy life.Order The 5 Types of Wealth Now!
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14:01
The Hidden Tax Holding You Back
There are certain taxes of life that we must happily pay:Periods of loneliness are a tax on personal transformation. To achieve the growth we want, we need to accept that there will be periods when we've left our prior environment and have yet to find our new one.Hard conversations are a tax on deep relationships. To build the deep bonds we want, we need to accept the hard conversations that repair and strengthen these connections along the way.Boredom of routine is a tax on long-term success. To earn the win in the light, we have to embrace the boring basics in the dark.Imposter syndrome is a tax on growth. To unlock the growth we asked for, we need to accept that we will be pushing beyond our current competencies and feeling like an imposter in doing so.But there is one tax of life that we must actively reject:The Ignorance Tax.•••My book has been on the monthly NYT bestseller list for two consecutive months since release and has sold over 200,000+ copies worldwide. Get your copy now and join this movement to redefine success and wealth!Order The Book Now!