The Tim Ferriss Show cover image

#286: The Man Who Taught Me How to Invest

The Tim Ferriss Show

00:00

I Love the Wine. I Got You.

Read Hoffman: "My whole business isn't about how often I lose it's the magnitude of the rightness when I win" He says if you're just following some consensus however small but it doesn't conform to your first principles that's where you're going to lose your money. The burden of proof is on people are negative and so like I'll see plenty of business plans that look incredibly straightforward and I eliminate them immediately because they're not exponential enough. Read Hoffman was speaking at a restaurant in Palo Alto there was an event gathering.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app