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a16z founder Ben Horowitz explains how startup CEOs should think about delegation “You only get leverage if the person that you hire can do it better than you can. As long as you feel like you’re better than them at it, you’re just going to keep second guessing them...

86,623 просмотров • 9 месяцев назад •via X (Twitter)

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How Jeffrey Epstein rose from maths nerd, to a financial fixer for elites, to the boss of blackmail: ‘If you look at Epstein’s operation, what it looks like to me is that it’s a criminal operation on a number of different levels. Epstein is an interesting case because where does he come from? Well, he doesn’t come from a wealthy family. He doesn’t come from an influential family. He was a Long Island kid who was good at mathematics…he was a kind of smart, nerdy kid who made friends by doing their math homework. You’re not popular because you’re a jock. You’re not popular necessarily because you’re that good-looking or you dance well. You’re popular because you can do other people’s math homework and get them to pass. His whole career is ingratiating himself to wealthy, powerful people. What did he do as a financial advisor? Look at it. Just stand back and look at what he did. And what he did was that he helped them dodge taxes. He also helped them hide money. He could help people discover money that had been hidden abroad. He could help them hide money. If you do one, you can do the other. And that’s how he moved as a kind of fixer and arranger into the realm of the rich and powerful. And in that process, either he or other people who were working with him found out that these people can be compromised in a number of ways. And so then you start installing cameras in your residences, in the bedrooms and the bathrooms. There’s only one reason you do that. It’s fairly simple. The only reason why you collect all of this video information on your rich and powerful friends is to potentially use it as leverage against them. You don’t have to actually use it. You simply have to make them aware that you have it and could use it.’ -Prof. Richard Spence on the latest episode of Going Underground FULL INTERVIEW:

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Palmer Luckey’s advice for founder-led communications “My advice to people would probably be to recognize that the value of your reputation is very high,” Anduril founder Palmer Luckey begins. “If people do not trust you; if they do not believe in what you’re saying; if they do not think that you’re a person worth listening to, they’re going to have a hard time working with you.” Palmer also argues that founders don’t need to be neutral: “You don’t need to be neutral. You can be a propagandist. You can advocate for a particular point of view . . . In general, people should recognize that if you say something where you caveat it and hedge it and basically end up saying something that most people would agree with, you might as well have said nothing at all.” He continues: “You are not going to build a following of people who say, ‘I just love Palmer’s right-down-the-middle, very-hedged takes that everyone agrees with.’ If you’re just restating common sentiment, it’s not going to get you anywhere . . . So one of the things I tell people is, ‘Make sure that when you’re saying something, you’re SAYING something. Make sure you’re trying to persuade and affect change.’ — maybe not in everybody, but in some people. If you make some people love what you’re saying and some people hate what you’re saying, that’s a lot better than having everybody lukewarm agree with you. Don’t waste your time communicating about the things everyone already agrees with you on. Focus on the things where you need to change their mind.” Source: Lulu Cheng Meservey (Sep 2025)

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Warren Buffett on the Benjamin Franklin thought exercise anyone can use to be successful Warren Buffett offers the following advice to the students at the Terry College of Business: “Pretend I’ve made you a great offer: You can pick any one of your classmates and you get 10% of their earnings for the rest of their lives. What goes through your mind in determining who you would pick?” He continues: “You probably wouldn’t pick the person who gets the highest grades in the class. There’s nothing wrong with getting the highest grades, but that’s not going to be the quality that sets apart a big winner from the rest of the pack… I think you’ll find that it gets down to a bunch of qualities that, interestingly enough, are self-made… It’s integrity, it’s honesty, it’s generosity, it’s being willing to do more than your share.” Then he asks the class to pick a classmate to sell short: “Who do you think is going to do the worst in the class? It isn’t the person with the lowest grades, or anything of the sort. It’s the person who just doesn’t shape up in the character department.” When Berkshire Hathaway hires people, they look for three things: 1. Intelligence 2. Initiative or Energy 3. Integrity Buffett explains: “If they don’t have the latter, the first two will kill you. If you’re going to hire somebody without integrity, you want them lazy and dumb. You don’t want them smart and energetic.” Importantly, he points out that these are habit patterns: “The person who always claims credit for things they didn’t do, cuts corners, and who you can’t count on — in the end, those are habit patterns. And the time to form the right habits is when you’re your age… Someone once said that the chains of habit are too light to be felt until they’re too heavy to be broken. And I see that all the time.” Buffett concludes: “When you write down the habits of that person you’d like to buy 10% of, look at that list and ask yourself, ‘Is there anything on that list that I couldn’t do?’ And the answer is that there won’t be. And when you look at the person you sell short and you look at the qualities you don’t like — if you see any of those in yourself (egotism, selfishness), you can get rid of that. That is not ordained.” This is an exercise that Benjamin Franklin did, as well as Warren Buffett’s old boss: “Ben Graham looked around and said, ‘Who do I admire?’ He wanted to be admired himself, and he asked why he admired these other people. Then he said, ‘If I admire them for these reasons, maybe other people will admire me if I behave in a similar manner.’ And he decided what kind of a person he wanted to be.” Video source: UGA (2001)

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