Episode of My First Million with Sam Parr and Shaan Puri.

Topics

  • The 11-20 Specialization Window and Brain Development
  • Warren Buffett’s Early Hustles: Racetracks and Pinball Machines
  • See’s Candy and the Power of Brand Moats
  • Mohnish Pabrai’s Childhood ‘Board of Directors’ and First Business
  • Entrepreneurs as Risk Reducers: The Richard Branson Strategy
  • The Patel Motel Story: Low-Cost Production Advantage
  • The Origin of Pabrai Funds and the Buffett Fee Structure
  • The $650,000 Lunch and the ‘Harsh Grader’ Rule
  • Givers, Takers, and Matchers
  • Deep Value Investing: IPSCO Steel and the Coal Industry
  • The Rule of 72 and the Math of Compounding
  • The Power of Inactivity and Ajit Jain’s $5 Billion Bet
  • Nick Sleep’s Amazon Bet and Turkish Warehouse Anomalies
  • Analyzing Meta, Elon Musk, and Bitcoin
  • Charlie Munger’s Legacy: ‘I Tried to be Useful’