This chapter of The War of Art is perfect. Instead of writing something today, I’ve decided to re-publish in its entirety.
Inevitable founders are deeply connected to the mission of their companies. There is no plan B for the inevitable. The interests are aligned.
The average American has 12 paid content subscriptions. I was surprised that the average millennial pays even more subscriptions.
Fortunately, institutional investors in Brazil now understand that they must have a better, diversified portfolio across all asset classes.
The compounding power of putting in an extra 6-10 hours a week for the last decade helped me tremendously on the quest towards Munger/Naval freedom.
I spent 3.5 months in Brazil during COVID. Unfortunately, Brazil is still a very unorganized country. The devil is in the details.
History was made in the Brazilian startup ecosystem with the announcement of RD’s R$2B exit to TOTVS. I’d like to congratulate my friends Eric, Bruno, and team.
I have made 30+ trades in the past 18 months using over US$100K in margin. Interesting to see that margin soared this year. It can be quite useful.