
The Knowledge Project
@farnamstreet • 227,282 subscribers
Deep conversations with the best in the world that go beyond the usual advice to uncover the timeless principles that drive success.
Videos

This week on The Knowledge Project: A rare interview with Bruce Flatt, the quiet force behind 19% annual returns for 30 years, reveals the investment principles that transformed Brookfield into a $1T global powerhouse. "Our view always has been 'Buy the best.' Own the best, buy the best; continue to reinvest into the best." (00:00:54) Changes in Investing Over the Past 25 Years (00:02:50) How Private Enterprise Has Built Our Tech Infrastructure (00:05:07) Implications and Opportunities of Passive Investing (00:14:40) AI (00:19:39) Transition to Low-Carbon Energy (00:23:19) Future of Data Centers (00:25:28) De-globalization of Industry (00:27:55) Implications of Manufacturing Repatriation (00:29:06) Long-term Prospects for America (00:31:35) Changes in Real Estate (00:34:13) Approach to Risk and Debt (00:38:40) Managing Market Dislocations (00:40:22) Long-term Investing Strategy (00:42:59) History and Future of Brookfield (00:45:48) Exploration of Private Markets and Insurance (00:46:41) Investment Decision Process (00:48:34) Introduction to Annuities (00:53:10) Understanding Brookfield’s Structure (01:00:51) Focus on Downside Protection (01:02:56) Accountability in Investment Decisions (01:04:24) Understanding Investment Cycles (01:06:59) Postmortem Analysis of Investments (01:09:07) Consideration of Geopolitical Risks
The Knowledge Project453,197 просмотров • 1 год назад

Bill Belichick kept rookie Tom Brady on as a fourth string quarterback, something "almost unheard of" at any level of football. Why? Because Belichick believes talent isn't enough. Discipline, obsession, and hunger win you championships. Watch the full episode now: (00:00) Introduction (00:42) The Patriots’ Employee Guiding Principles (04:25) Talent Vs Hard Work (05:43) Competitive Spirit (10:38) You Cannot Win Until You Keep from Losing (15:11) The Drawer and Prioritizing Your Goals (17:07) Social Media, Technology, and Football (24:45) Preparation and Success (29:45) Kobe Bryant & Learning to Evolve as You Get Older (31:02) Other Guest Speakers and Their Lessons (32:28) Disciplining NFL Players (39:45) Working Your Way Up & How to Train Staff (47:56) Motivation & Discipline (56:08) Correcting Mistakes and Moving On (58:28) Building a Team Vs Collecting Talent (01:01:43) 4 Patriots’ Rules for Staying Grounded (01:06:11) Super Bowl LI Patriots’ Comeback
The Knowledge Project377,349 просмотров • 1 год назад

Nicolai Tangen manages Norway’s $2 trillion sovereign wealth fund, the largest in the world. They own shares in 9,000 companies and the fund is 25% of Norway’s national budget. When asked about the difference between American and European ambition, his answer was surprising:
Farnam Street155,426 просмотров • 5 месяцев назад

Rory Sutherland (Rory Sutherland) is back. Nine years after our first conversation, the Vice Chairman of Ogilvy and one of the sharpest minds in behavioural science joins again for a wide-ranging discussion on marketing, decision-making, why AI will struggle to replace human judgment, and why we get efficiency so, so wrong. Listen and learn wherever you get your podcasts.
The Knowledge Project143,106 просмотров • 7 месяцев назад

New episode with the incredible former PepsiCo CEO Indra Nooyi - the first woman of color and immigrant to run a Fortune 50 company. In this conversation, Indra discusses the stories behind her rise to the top of one of the world's largest companies. From early days at the Boston Consulting Group using satellite photos to analyze competitor facilities, to personally tracking 400 potential executives as CEO, Indra reveals the granular thinking that separates great leaders from good ones. Her "zoom in, zoom out" philosophy transformed how she understood business — from the "right side of the decimal" where even a fraction of a penny matters across millions of transactions, to setting company strategy at 30,000 feet. She explains why most leaders fail because they don't understand their business at the most granular level. But perhaps most powerful is her candid discussion about the reality of being a working mother in the C-suite where she argues there is no such thing as work-life balance. Watch now for a masterclass in leadership, strategy, and the sacrifices required to reach the top. (00:02:37) Growing Up In India (00:04:38) USA Culture Shock (00:09:54) Lessons From Working In Consulting (00:14:13) Right Side Of The Decimal Lesson (00:16:59) Lessons From Working In Consulting PT 2 (00:20:39) Delivering A Message That Gets Heard (00:23:19) Developing Talent (00:26:46) How To Minimize Office Politics (00:29:14) Power And Humility In Life (00:31:53) Prioritizing Work Over Family / Finding Balance (00:37:39) Turnover After A CEO Change (00:41:09) CEO Vs Board Member (00:44:41) Implementable Change In A Company (00:47:00) Removing Friction Instead Of Using Force (00:48:46) Lessons From Amazon (00:50:36) Leading Through Crisis (00:54:01) Dealing With Activist Investors (00:57:20) Women As CEOS (00:58:40) Equality of Opportunity (01:02:32) Bias In Performance Reviews (01:04:09) Almost Quitting PepsiCo (01:05:48) What I Learned From Steve Jobs (01:10:35) Lessons From Costco And Walmart (01:18:43) Secrets to PepsiCo Merchandising (01:20:59) Making Decisions At A Multi Billion Dollar Company (01:22:40) Lessons From Acquisitions (01:25:52) Traits Of A High Performing Employee (01:27:44) Remote Work Vs In Office
Farnam Street114,125 просмотров • 1 год назад

Your biggest risk is the one you assume won’t happen to you.
Farnam Street18,875 просмотров • 5 месяцев назад

Everyone you know is using ChatGPT daily, right? Wrong. New data shows only 10% of people use it every day. Another 20% tried it once, shrugged, and never returned. And Benedict Evans, this week’s guest on The Knowledge Project and one of tech's sharpest analysts, barely uses it himself. When he tested OpenAI's Deep Research product on mobile industry data (his former specialty), it cited fake sources, inverted statistics, and presented numbers that don't exist. His verdict: “If I have to fact-check every single number, why am I using this?” Evans argues we're just watching the same film we've seen before with PCs, internet, and mobile. The incumbents scramble to make it a feature. New players emerge. Most go bust. And most people struggle to find real use cases. And in 10 years, it's just software. The twist with AI? It’s free to try. No $5,000 computer needed. Yet 90% of people still aren't using it daily. Maybe that tells us something important. Full episode with Benedict Evans out now:
FS29,650 просмотров • 10 месяцев назад

Morgan Housel with a powerful shift of how to think about saving money. (Hint - Stop thinking about it as a sacrifice.)
Farnam Street12,805 просмотров • 3 месяцев назад
Больше нет контента для загрузки





