This episode once again serves as a reminder: don’t leverage up, stick to what you can handle, and always keep an escape route (figure out how you’ll exit and how much loss you can absorb before you invest).
Stop relying on others—first learn to rely on yourself.
It's better to depend on yourself than to ask for help.
No matter when, you have to learn to save yourself and protect yourself. If you can't even protect yourself, who are you going to expect to do it for you?
Why do so many guys resist when they hear that a woman likes to travel on a blind date?
The reason is simple: it’s not that they dislike travel. They want assets—things that generate steady cash returns—not liabilities.
You win when people sympathize with you, and you lose when they don't. That's the first rule of propaganda warfare.
Teams that don't create compelling narratives won't get Phase II funding from their sponsors. #ReadingNotes
If capital were everything, bank deposit rates wouldn’t be so low. The interest rate you see reflects capital’s value—it’s just not worth much more than that. Anything beyond that comes from talent. The reverse is equally true: talent can’t possibly be everything. It couldn’t get a seat at the casino table even if it were the God of Gamblers.
You’re always aiming for the best within a company you can actually get into—not necessarily the absolute best in the world.
The genuinely top-tier ones are often out of reach. This is a reality every investor has had to face.
Only what’s within your grasp can realistically become yours.