Charlie MungerEvery podcast appearance, updated as new ones drop

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 and put the bill at over $200 billion in forgone compounding. Featuring: Erik Seidel, Warren Buffett, Charlie Munger, Maria Konnikova, Doyle Brunson, Derek Sivers Watch on YouTube Read the full post Brought to you by: Trends.vc : Discover new markets and opportunities. HeadsUp : Know when your competitors move. Before your customers do. Multi : Turn any content into a YouTube video. Chapters: (00:00) Erik Seidel folds king-nine as a trouble hand (01:01) Warren Buffett buys Berkshire Hathaway's textile mill (01:38) Twenty years pouring money into new looms (02:03) Charlie Munger's Too Hard box (02:18) Derek Sivers on hell yeah or no Where to find Dru: I write an essay daily. Get them free Follow me on X Watch my video essays on YouTube Follow Dru's Notes on Apple Podcasts or Spotify Subscribe to Dru's Notes for a new episode every day. Click here to view the episode transcript.

Charlie Munger accused venture capitalists of screwing their investors, then called the business legitimate if you do it right. Two strategies sit behind that contradiction, one betting on what changes and one on what endures, and the choice between them turns on which fits you. Featuring: Paul Graham, Niels Bohr, Charlie Munger Read the full post Brought to you by: Trends.vc : Discover new markets and opportunities. HeadsUp : Know when your competitors move. Before your customers do. Multi : Turn any content into a YouTube video. Chapters: (00:00) Bohr on profound truths (00:06) Munger on how venture capital makes money (00:29) Buffett bets on what customers still want (00:56) Paul Graham's math for funding many (01:33) Amazon picks its moment and its constants (01:47) Bezos on what will stay the same (02:12) Two strategies that both work Where to find Dru: I write an essay daily. Get them free Follow me on X Watch my video essays on YouTube Follow Dru's Notes on Apple Podcasts or Spotify Subscribe to Dru's Notes for a new episode every day. Click here to view the episode transcript.

My worst weeks start right after I improve something. For years I couldn't see the pattern, until I noticed each dip followed a habit I added or dropped. Constant tinkering resets a working system before it can compound. Featuring: Charlie Munger, Octavia Butler Watch on YouTube Read the full post Brought to you by: Trends.vc : Discover new markets and opportunities. HeadsUp : Know when your competitors move. Before your customers do. Multi : Turn any content into a YouTube video. Where to find Dru: I write an essay daily. Get them free Follow me on X Watch my video essays on YouTube Follow Dru's Notes on Apple Podcasts or Spotify Subscribe to Dru's Notes for a new episode every day. Click here to view the episode transcript.

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 and my own daily habits. Featuring: Warren Buffett, Charlie Munger, Rick Guerin Watch on YouTube Read the full post Brought to you by: Trends.vc : Discover new markets and opportunities. HeadsUp : Know when your competitors move. Before your customers do. Multi : Turn any content into a YouTube video. Where to find Dru: I write an essay daily. Get them free Follow me on X Watch my video essays on YouTube Follow Dru's Notes on Apple Podcasts or Spotify Subscribe to Dru's Notes for a new episode every day. Click here to view the episode transcript.

The investors who traded the most underperformed the market by a wide margin. I traded my habits the same way, swapping working routines for new ones and ignoring what each trade cost the whole system. Locking my habits for the month is what stopped the crashes. Featuring: Charlie Munger Watch on YouTube Read the full post Brought to you by: Trends.vc : Discover new markets and opportunities. HeadsUp : Know when your competitors move. Before your customers do. Multi : Turn any content into a YouTube video. Where to find Dru: I write an essay daily. Get them free Follow me on X Watch my video essays on YouTube Follow Dru's Notes on Apple Podcasts or Spotify Subscribe to Dru's Notes for a new episode every day. Click here to view the episode transcript.

Charlie Munger said this when asked how to live a good life. Your learning rate is your investment rate. Featuring: Charlie Munger Watch on YouTube Read the full post Brought to you by: Trends.vc : Discover new markets and opportunities. HeadsUp : Know when your competitors move. Before your customers do. Multi : Turn any content into a YouTube video. Where to find Dru: I write an essay daily. Get them free Follow me on X Watch my video essays on YouTube Follow Dru's Notes on Apple Podcasts or Spotify Subscribe to Dru's Notes for a new episode every day. Click here to view the episode transcript.