Jaynit

No one made more money in trading than Jim Simons. Not Buffett. Not Soros. Not Dalio. His hedge fund was so powerful, he shut it down to outsiders. $100 in 1988 grew to $400M in 30 years. Here’s how a mathematician became the world’s greatest trader:

Mark Cuban reveals why OpenAI will never make back the trillion dollars they're planning to spend on AI infrastructure "They'll never get it. They're just burning away that money at scale. It's not that AI is not going to work but look at Apple, right? They haven't spent next to anything but they've got a foundation where they can just plug and play into their devices" "We don't know if the business of foundational models, the ChatGPTs, Geminis, Grok, Claude, is going to be like the streaming industry where there's one leader and a bunch of players that make money, or search where there's effectively one company" "A lot of the numbers that they're throwing out there aren't going to come to fruition. Those who have just gone all in, some of them are spending more cash than they have available" "They need to raise all the money, go all in, kiss all the rings they need to kiss around the world in hopes of being the one. If you don't go all in like that, you're in deeper trouble. If you're not the winner, you've got problems"

MrBeast reveals the moment he actually quit one of his biggest videos and walked off set "We did a video where we spent seven days on a desert island. The first time we filmed it on day two I woke up on the beach. I didn't know sand fleas were a thing. I had like 700 bug bites up and down my legs. I was sunburned. I couldn't see straight. I ended up quitting on day two" "That's brutal because you spend all this time and money and you have the crew out there. Canceling a video like that is literally the worst thing that could happen from an opportunity cost perspective"

Tony Robbins reveals the three skills he says will make anyone unstoppable in the AI era "The first thing is pattern recognition. If you start recognizing patterns fear disappears. Losers react, leaders anticipate. Anticipation is power" "The second skill is when you learn to use the patterns. The third level skill is pattern creation. That's what you've begun to do. That's what I've begun to do. It's like when you learn to play a piano, most people learn someone else's patterns. But if you do enough, now you get to come out and you start creating things"

Want to think like the top 1%? I study the world’s sharpest minds so you don’t have to. Peak Thinkers breaks down mental models & systems from elite founders, strategists, and creators every week. Subscribe here (for FREE) → peakthinkers.substack.com

Want to think like the top 1%? I study the world’s sharpest minds so you don’t have to. Peak Thinkers breaks down mental models & systems from elite founders, strategists, and creators every week. Subscribe here (for FREE) → peakthinkers.substack.com

Want to think like the top 1%? I study the world’s sharpest minds so you don’t have to. Peak Thinkers breaks down mental models & systems from elite founders, strategists, and creators every week. Subscribe here (for FREE) → peakthinkers.substack.com

Want to think like the top 1%? I study the world’s sharpest minds so you don’t have to. Peak Thinkers breaks down mental models & systems from elite founders, strategists, and creators every week. Subscribe here (for FREE) → peakthinkers.substack.com

Mark Zuckerberg reveals he never actually decided to drop out of Harvard "Dustin pulled me aside and was like you know we're getting to have a lot of users and we have no ops guy. Harvard has this policy where you can take as much time as you want off from school. So we just took one term off" "Of course we raised money from Peter Thiel but we told him the plan and explained that you might go back to school. I think he didn't believe us. We hadn't quite built the tooling and automation, so let's take another term off, and then finally at some point we figured we were out there. But by then we had millions of users"

Want to think like the top 1%? I study the world’s sharpest minds so you don’t have to. Peak Thinkers breaks down mental models & systems from elite founders, strategists, and creators every week. Subscribe here (for FREE) → peakthinkers.substack.com

Jensen Huang reveals the trip to Japan that saved NVIDIA from vaporizing overnight "Our company was running out of money. If that contract would have been canceled, we'd be dead. We would have vaporized instantly." Jensen was in a contract with SEGA and owed them a game console. But the technology didn't work, and NVIDIA was out of cash. So he went to Japan to see the CEO of Sega, Shoichiro Irimajiri: "I said, listen, I've got some bad news for you. The technology that we promised you doesn't work. And second, we shouldn't finish your contract because we'd waste all your money, and you would have something that doesn't work. And I recommend you find another partner to build your game console." Then he made the impossible ask: "And third, even though I'm asking you to let me out of the contract, I still need the money. Because if you didn't give me the money, we'd vaporize overnight." "I explained to him why the technology doesn't work, why we thought it was going to work, why it doesn't work. And I asked him to convert the last $5 million to complete the contract, to give us that money as an investment instead." The SEGA CEO responded: "But it's very likely your company will go out of business, even with my investment." Jensen's reply: "I told him that if you invested that $5 million in us, it is most likely to be lost. But if you didn't invest that money, we'd be out of business." Two days later, the CEO came back and said: "We'll do it."

Want to think like the top 1%? I study the world’s sharpest minds so you don’t have to. Peak Thinkers breaks down mental models & systems from elite founders, strategists, and creators every week. Subscribe here (for FREE) → peakthinkers.substack.com

Naval Ravikant reveals the brutal math of why most people end up in lives they never wanted "We're used to fairly long cycles in which we're committed to things. You go to law school, four to five year cycle. You go be a lawyer, 40 year cycle. These are very long cycles. The amount of time we spend deciding what to do and who to do it with, very short. We spend three months deciding on a job we're going to be at for 10 years" "If you're making a four year decision, spend a year thinking it through. Like really thinking it. 25% of the time"

Want to think like the top 1%? I study the world’s sharpest minds so you don’t have to. Peak Thinkers breaks down mental models & systems from elite founders, strategists, and creators every week. Subscribe here (for FREE) → peakthinkers.substack.com

MrBeast reveals the mental reframe he uses every time he feels like quitting "You just got to control your thoughts. Be like, this is the life I chose. You want success, you want to change the world, this is the price you have to pay. You should actually see this as a good thing" "This is why no one else will do what you will do. What you are feeling right now is your moat. You're lucky. It's hard. Push through it and you'll be happy you did" "There are times where I'm like, I really want to play this strategy board game, I want to do this thing. And I look at the schedule and I'm like, maybe I could do that in four days. It's very easy in moments like that to go I'm like a zoo animal. I don't have free will. I'm like a little robot to my businesses" "No, the average person does not want to live the life I live or be in my head. They would be miserable because you're just working all the time. They would just ask themselves why am I working all the time? Why don't I do literally anything else?" "Most people would be like oh, let's just grab a couple million dollars and be happy"

Want to think like the top 1%? I study the world’s sharpest minds so you don’t have to. Peak Thinkers breaks down mental models & systems from elite founders, strategists, and creators every week. Subscribe here (for FREE) → peakthinkers.substack.com

Walter Isaacson reveals the brutal philosophy Steve Jobs and Elon Musk both share about leadership "Jobs said the same thing that Musk said to me. People like you love wearing velvet gloves. You like to sweet talk things, sugarcoat things. He said, I'm just a working class kid and I don't have that luxury. If something sucks I got to tell people it sucks or I got a team of B players" "There are a lot of successful people who are much kinder. But it's sometimes necessary to be much more brutal and honest"