Noticing a LOT more AI usage when it comes to creative work. It all seems rather lifeless. How long before we reach a point where non-AI generated content is sought out? Like produce gets an "organic" certification, will creative endeavors get a "fully human generated"

Imagine searching for a business to buy. Now imagine ... - It has audited financial statements prepared for you (at no upfront cost to you). - It already has an operator and management team in place, with documented historical plans/outcomes. - The leadership team will take

This is the whole ballgame. If you buy ticker symbols that just move up and down haphazardly, price fluctuations can affect your conviction. IF, however, you buy pieces of publicly traded operating companies (that you know and have conviction in), stock price fluctuations are

This IS the pattern. Don’t be surprised by it.

I FEEL this. Every ounce of it.

Yes to this. Re #1: The drivers are how much you make vs how much you spend. Simple, and at the same time it takes discipline/work to consistently tilt this your direction. Re #2: The key driver here is temperament. Remove emotion from the investment equation. Have a plan. Be

"Excellence isn't beautiful up close. It's a kind of beautiful madness. A willingness to pay prices others find unthinkable. We call it dedication because obsession sounds too honest." Too good. H/t to Aaron Francis for this gem (in his newsletter, which you should

Love how Isaac French writes about hospitality. His most recent hit particularly hard. "Maybe it's whether your business is brave enough to stay small enough to stay magical." isaacjfrench.com/newsletter/why…

If you need a new bookkeeper, I can’t think of a better one. “…responsive service, high-quality work, quick month-end closes, reasonable prices, and zero upsell pressure.” 💪🫡

This. Is true.

I too often forget that exactly zero people know what you are doing, unless you tell them. I'm also not too keen on publishing everything in real-time. Just not super comfortable with it, don't want it to come across as "bragging," (we've been humbled many times, so happy to talk

To be top tier in your craft (sport, business, non-profit, whatever), you have to love to daily toil. Doing it when you don’t feel inspired, or motivated. You have to enjoy the process of refining and improving. Love this quote from Rafa Nadal. Great share David Senra!

#2 is the doozy here. Combining #1 and #2, well, that’s where magic can happen. In the fund world, committed capital often has a shot-clock ticking on it. Doing nothing can be costly. In the personal investing world, sitting in your hands is SO hard. And, overreacting for the

And the two doors on the right side are also the most fun and most rewarding. Skip the long lines!!

Note: Conviction is born out of information gathering and genuine curiosity. It’s not just a feeling. Conviction takes time, reps, and learnings from being wrong before.

If there is a golden ticket ... this is it. Don't shortchange or interrupt the power of compounding. This applies to more than investing $.

WORK! Care about your craft enough that you are willing to actually work on it. Often this comes easier when you find something you are truly passionate about, but it's never always easy. Work is hard. And work is good.