person

Warren Buffett


Featured in 2 Dru's Notes episodes.

Appears in 13 Episodes

Selling 10 Million Albums and Ending Up With Nothing | Daily Essay

Selling 10 Million Albums and Ending Up With Nothing | Daily Essay

Episode 217 · · 02:07

TLC's CrazySexyCool sold over 10 million copies, and a year later all three women filed for bankruptcy. Alexey Pajitnov built Tetris and earned nothing from it for about 12 years.

The Chinese Mastermind Group Behind Volvo | Daily Essay

The Chinese Mastermind Group Behind Volvo | Daily Essay

Episode 204 · · 02:37

Before Li Shufu spent $1.8 billion on Volvo, he asked 20 other Chinese founders in his club to argue about it. Paul Jarvis, Nathan Barry and Warren Buffett each had a few people who ...

What a Depression Drug Taught Me About Rich People's Habits | Daily Essay

What a Depression Drug Taught Me About Rich People's Habits | Daily Essay

Episode 192 · · 01:14

I looked up dozens of people who got rich before 50 and what they did each day. When I went looking for people with the same habits who never got rich, I could barely find any.

Why Poker Pros Fold What Investors Buy | Daily Essay

Why Poker Pros Fold What Investors Buy | Daily Essay

Episode 164 · · 02:58

Erik Seidel folds king-nine because a weak side card leaves you drawing to second-best. Warren Buffett skipped that fold in 1962, spent 20 years buying looms for a dying textile mill...

Everything Feels Important? It's a Ranking Problem | Daily Essay

Everything Feels Important? It's a Ranking Problem | Daily Essay

Episode 136 · · 02:37

Napoleon's surgeon-in-chief had more wounded men than surgeons, so he threw rank out and sorted by injury instead. Alexander Kotov wrote the same move down for chess in 1971, and Hen...

Work-Life Balance Is a Myth. Choose Your Table. | Daily Essay

Work-Life Balance Is a Myth. Choose Your Table. | Daily Essay

Episode 116 · · 03:21

Keyshia Cole sold a million copies of an album about love, then used one bridge for a bigger instruction: know your focus. Life seats you at several tables at once and the chips are ...

You're in a Status Game Whether You Entered or Not | Daily Essay

You're in a Status Game Whether You Entered or Not | Daily Essay

Episode 113 · · 02:47

My chess wins are funded by other people's losses. Every rating point I take comes off someone else's number, and the same is true of status: rank in a crowd has to be taken from som...

The $4.6 Billion Lesson in Not Rushing | Daily Essay

The $4.6 Billion Lesson in Not Rushing | Daily Essay

Episode 103 · · 03:43

Rick Guerin had the same returns as Buffett and Munger. He borrowed to get there faster and lost his seat at the table. The same leverage runs through a hedge fund of Nobel winners a...

How to Get Good Ideas | Daily Essay

How to Get Good Ideas | Daily Essay

Episode 68 · · 01:00

A single curious question became Multi and the biggest payoff of my year. You can't tell how much an experiment will pay off before you run it, so run more of them.

Warren Buffett's Ovarian Lottery: Are You Born Lucky? | Daily Essay

Warren Buffett's Ovarian Lottery: Are You Born Lucky? | Daily Essay

Episode 65 · · 00:43

John Rawls wrote a thought experiment about the original position. Imagine you're behind a veil, about to be born, but you don't know where.

Habits of Great Writers, Founders and Investors | Daily Essay

Habits of Great Writers, Founders and Investors | Daily Essay

Episode 60 · · 06:28

Great operators run two stacks every day: the work stack and the distribution stack. This episode maps how writers, founders and investors build both, and why one stack alone leaves ...

Why Some Habits Stick: 12 Tardigrade Traits | Daily Essay

Why Some Habits Stick: 12 Tardigrade Traits | Daily Essay

Episode 48 · · 03:26

I came up with a term to describe something I value. If tardigradity is the probability a thing keeps going, it has to come from somewhere.

Warren Buffett vs Y Combinator: Two Strategies, One Rule

Warren Buffett vs Y Combinator: Two Strategies, One Rule

Episode 32 · · 02:26

Most investors argue about concentration versus diversification. The best ones think evolutionarily. Strategy follows the environment, not preference.