The year is 2050. $PLUG is generating $500 billion/year in revenue and free cash flow is a negative $1.2 trillion per year. There are now 900 trillion shares outstanding. Andy Marsh says adjusted EBITDA breakeven is less than a year away.

90% of beating the market is really just: Buy great companies Doing nothing for YEARS Profit It's harder than it looks, but the formula is simple.

Being an investor isn't a part-time hobby. It permeates every part of your life. You think about investing when watching a movie. You think about investing when you're shopping. You think about investing when you're sleeping. Just ask my wife, this is a blessing and a curse.

Compounding $100 at 20% for: 1 Year: $120 3 Years: $172.80 5 Years: $248.83 10 Years: $619.17 20 Years: $3,833.76 30 Years: $23.737.63 "The first rule of compounding: Never interrupt it unnecessarily." - Charlier Munger

"Paying for upside that doesn’t exist is the easiest way to lose money as an investor." - me

Diversification is a gift! Entrepreneurs and small business owners don’t have the same luxury. If they win, they may get rich and famous, but if they lose (much more likely) they may lose a house, get divorced, end up in bankruptcy, or worse. Diversification is a gift!

The best trade is not to trade at all. Compounding takes time...and patience.

The stock market thinks short-term. Your biggest advantage is thinking long-term.

Fiscal continues to ship great updates and it’s awesome to see they’re now working directly with brokers.

The best investors are on a constant learning journey. Buffett started buying "cigar butt" stocks and evolved to a buy-and-hold strategy. Bill Gurley has made a fortune on internet companies and the internet didn't even exist when he started. Learn, implement, repeat.

Just because someone else does something stupid doesn't mean you have to.

On Running - When Great Isn't Good Enough asymmetric-investing.beehiiv.com/p/on-running-w…

On Running - When Great Isn't Good Enough asymmetric-investing.beehiiv.com/p/on-running-w…

How do you find great investment ideas? 1. Take your spouse's credit card statement 2. Rank by $ spent and # of line items Go through the list from top to bottom. There's at least one great idea in the Top 5 and a hidden gem near the bottom.