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It’s not too late to live the life you’ve imagined

An old man is selling watermelons by the side of the road. His sign reads: 1 for $3 3 for $10 A young man stops and buys one watermelon. “That’ll be $3,” says the old man. The young man then buys a second watermelon. And then a third. After paying another $3 each time, the young man picks up his watermelons and starts to walk away. Then he turns back, grinning proudly. “Hey old man,” he says, “you realize I just bought three watermelons for $9 instead of $10? Maybe business isn’t your thing.” The old man smiles and shakes his head. “Funny… every time somebody comes by, they buy three watermelons instead of one… and then try to teach me business.”

The Tesla Cybercab will have an efficiency of 165 Wh/mi (102 Wh/km). To put that in perspective, that’s equivalent to a gas car getting 204 MPG. Elon Musk said he sees a path where Tesla can get Cybercab operating costs as low as $0.20 per mile.

Success comes from keeping the ears open and the mouth closed.” — John D. Rockefeller

"In my whole life, I have known no wise people who didn't read all the time, none, zero." — Charlie Munger

🎯💯💪

@farzyness The designer didn't think that layout through. The chairs should be staggered from the ones on the other side.

There's an UNBELIEVABLE use case for regional trips in the US that will decimate air travel and buses. Fully autonomous Tesla Robovans outfitted as long-haul first-class "buses". These would run routes similar to Amtrak or Greyhounds, but with First-Class-like comfort, amenities, and space. The price per seat of these can be the same as a bus, but FAR more comfortable and FAR more luxurious. Can obviously optimize the interior for the best configuration but MAN. This would absolutely KILL.

You have to own something. W2 income will be a rounding error compared to asset appreciation in a 10x economy. Switch from earning to owning.  *NFA

Your grandchildren will not understand why anyone was afraid of AI. The same way you don't understand why anyone was afraid of electricity in the 19th century.

“Past performance is the best predictor of success.” — Jim Simons

“Difficulty is what wakes up the genius.” — Nassim Nicholas Taleb

The greatest skill you can master is staying POSITIVE when there are hundreds of reasons not to.

The more you convert money into assets, the less you'll have to work.

Elon Musk is right. 💯

Fear sells headlines. Patience builds portfolios.

I always think of this quote on memorial weekend.

Every tool humanity has ever invented was criticized at birth and celebrated a generation later. Fire. The wheel. The printing press. Electricity. The internet. AI is next. Patience.

@russellbrunson Buying with emotion leads to justification with flawed logic.

People buy with emotion, then justify with logic.