Always do people favors

1min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The insight emphasizes the importance of always trying to be helpful, adding value, and doing favors for people. By consistently following this principle, one can potentially receive unexpected benefits over time. The anecdote shared highlights the idea that doing favors for others can lead to positive outcomes and garner support from the world. Aligning oneself with the general principles of the universe can lead to the universe working in one's favor.

Tom Gayner, CEO of Markel Group, reveals the lessons he’s learned from Charlie Munger and Berkshire Hathaway, how he invests, and the specific way he thinks about opportunity cost.

Gayner shares the difference between good debt and bad debt, where he disagrees with Munger, and why he focuses on the basics.

This intimate conversation offers a level of insight and honesty that Tom hasn’t offered anywhere else.

Gayner is currently the CEO of Markel Group and the Director of The Coca‑Cola Company. He also serves as chairman of the Davis Series Mutual Funds board and on the boards of Graham Holdings and Markel.

Listen and Learn.

Watch the episodes on YouTube: https://www.youtube.com/c/theknowledgeproject/videos

Newsletter - Each week I share timeless insights and ideas that you can use at work and home. Add it to your inbox: https://fs.blog/newsletter/

My New Book! Clear Thinking: Turning Ordinary Moments into Extraordinary Results is out now - https://fs.blog/clear/

Follow me: https://beacons.ai/shaneparrish

Join our membership: https://fs.blog/membership/

Sponsors: Eight Sleep: Sleep to power a whole new you. https://www.eightsleep.com/farnamstreet Sidebar: Accelerate your career. https://www.sidebar.com/shane Metalab: https://www.metalab.com