Competent people either want total authority, or for other highly competent people to have total authority. Any situation where that falls apart will make them absolutely freak out.

Everyone I know who has built a giant company has mastered one thing: Designing compensation plans so their best people never leave. Golden Handcuffs. Lock em up!

Honest question from someone who has been a Southwest Airlines A-List Preferred flyer and loyalist for more than a decade: what’s the case for flying SWA now? With the abolition of open seating and “Bag Fly Free” SWA is now just another legacy carrier—albeit one without true first

but fear not, private equity investors! over 10 years you eked out a slight premium over MSCI word (you still underperformed S&P)

I used to think success meant having a “bigger” life. More people. More goals. More things. I now believe that success means having an intentionally smaller life. Fewer friends, but deeper. Fewer goals, but clearer. Fewer possessions, but more meaningful. Simple is beautiful.

AI is incredible. Few realize

Wealth Management Guy And advisors most potent role = self harm minimization

10 Tweets that will change your life forever 1. Shut up and wait:

"Gradually, and then suddenly." Continued growth is critical for #semiliquid funds working through redemption backlogs. When growth stalls, the math turns against you fast. When semi-liquid funds hit 100% utilization after exceeding 60% of their peak net assets (after

Apollo's John Zito on private equity: "I literally think all the marks are wrong...This next cycle is going to be a big moment in time for the private markets because people are way smarter than I think private-market participants, particularly people in the wealth channel. Like,

Japanese actor Hiroyuki Sanada spoke about the contradictions of human nature: “Some people dream of having a swimming pool at home, while those who have one hardly ever use it. Those who have lost a loved one feel a profound sense of loss, while others often complain about

This is one of the best investing lessons from Warren Buffett

Bad bonuses are absolutely a way of weeding people out The only problem is that you will probably get rid of all the strong employees who you actually want at the firm, and leave behind the ones you don’t want Also just an absolute disaster for culture when there is a mass

Scarcity dictates what’s meaningful. ㅤ When you are alone, a relationship feels meaningful. When you’re in a relationship, time to yourself feels meaningful. ㅤ When you are overworked, time off feels meaningful. When you have plenty of downtime, work feels meaningful. ㅤ The

Things that improved my life by 10x: - Eating only single ingredient foods - Sauna every night before bed - Reading for pleasure - No phone when with family - Phone on grayscale 90% of day - Zero tolerance for fake friends - Lifting heavy + running far - Walking after every meal