One of the most common traits we have found in billionaires is being rejection proof. People like Sara Blakely, Richard Branson, and numerous others often talk about how their ability to bounce back after a setback is the key factor for their ultimate success. In this week's show, we read actionable ways to become rejection proof, based on Jia Jiang's exceptional best-selling book which was highly endorsed by billionaire Tony Hsieh.
TIP147: Billionaire Charlie Munger and the Daily Journal
Charlie Munger’s net worth is about 1.5 billion and as most people know, he’s Warren Buffett’s vice chairman at Berkshire Hathaway. As we’ve talked about on previous episodes, Munger is really a brilliant individual that’s considered a polymath. Few people know that Charlie is an investor with the Daily Journal Corporation in Los Angeles California. As a result, he does a question and answer period every year at the shareholder meeting. One of our good friends Hari Ramachandra was lucky enough to attend the Daily Journal meeting this year, and while he was there, he captured some of the best responses that Charlie gave.
TIP146: Superforecasting by Dan Gardner and Philip Tetlock – Summary
During Preston and Stig's discussion with legendary investor, Ed Thorp, he suggested that a great book to understand the craft of making accurate predictions and estimates for the future was a book titled, Superforecasting. As a result, this episode is a review of that book and what the key attributes are for increasing your understanding of what could and will happen.
TIP145: Bitcoin Vs. Ethereum w/ Tuur Demeester
Since the last time Preston and Stig talked about Bitcoin in 2015, the price has surged 1000%. As more people become fascinated with cryptocurrencies, we decide to talk with world renown blockchain expert, Tuur Demeester. During the conversation, Tuur talks about a potential Bitcoin fork and the differences between Ethereum and Bitcoin.