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#286: The Man Who Taught Me How to Invest

The Tim Ferriss Show

CHAPTER

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.

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