This episode contains some of the best lessons Tim has learned about investing, making money, and growing your personal wealth. It was inspired by his recent talk with Ray Dalio, which has been incredibly popular and led to many additional questions about money and investing.
There is no doubt we need to create systems and procedures
Ray Dalio grew up a middle-class kid from Long Island. He started his investment company Bridgewater Associates out of a two-bedroom apartment at age 26, and it now has roughly $160 billion in assets under management. Over 42 years, he has built Bridgewater into what Fortune considers the fifth most important private company in the
Marc Andreessen (@pmarca) is a legendary figure in Silicon Valley — and worldwide. Even in the epicenter of tech, it’s hard to find a more fascinating icon.
Marc co-created the highly influential Mosaic Internet browser, the first widely used graphical web browser. He also co-founded Netscape, which later sold to AOL for $4.2 billion. Then he
“Fuck it… I’m just not going to play this traditionally anymore.”
– Chris Sacca
Chris Sacca was recently the cover story of the “Midas Issue” of Forbes Magazine.
The reason: He is a newly-minted billionaire and the proprietor of what will likely be the most successful venture capital fund in history: LOWERCASE I of LOWERCASE Capital.
He’s an early-stage
I get asked a lot about investing.
This is mostly due to start-up investing and the hoopla around it, but I’ve expanded my experiments to late-stage deals, real estate, and more. So far, my startup bets are 10x+ more successful (on paper) than my publishing career. Based on cashed-out positions, they’re still several times more successful.