πŸ“» β€” Warren Buffett & Charlie Munger on Role Models (and Not Lying to Yourself)

Reading Time: ~ 3 min.

Hey yeniverse!

Whoa. This first link tho…! Congrats to Ben and the team! πŸ’₯ πŸ’°!!

  1. Makerpad gets acquired. 6 alternatives to FB Groups.
  2. Diagnose with data. Don’t join a startup. Super Nintendo World!
  3. Strategy, meet culture. One word: Windows. Building in public.
  4. $60M. Floatplane. Corridor Digital. Build your own sites. Potato.
  5. BTC energy. Pumping iron. LT games. Protocols. Everyone needs this.
  6. Concave vs convex thinking. Tech saved my church. DTC scaling.
  7. Living abroad builds a greater sense of self. YC Women.
  8. Social commerce. Status as a service. Philosophy of a mid-life crisis.
  9. Naming ideas for your community. Racists, everywhere.
  10. 4 types of side-hustles. Use failure. Self-leadership is everything.

Oh, and by the way… big news! I’m moving back to San Francisco!! It’s been a fun season down here in sunny (and super-hot) San Jose, but, I’m ready to get back into SF-all-the-things…

… I lol’d way too hard.

To infinity & community,

β€” john


I had to share the above image because this is effectively what I talk about every single day! Self-leadership is a superpower and it’s ultimately how you really β€” fundamentally β€” grow. This is also why I tell folks that community is the only real solution for growth too; if you’re spending too much time “leading yourself, by yourself” then you’re effectively fucked.

Not even a joke. This is how you win.


A quick, hot-take from one of our yenizens on the Makerpad move:

Makerpad getting acquired means that the world still runs on content-centric projects. The success, though, depends entirely on the structure of the deal behind the scenes β€” I’m hoping that Makerpad has kept a lot of their creative freedom.

Anna G.

Seriously, me too. I hope that Zapier takes good care of Ben and the Makerpad community and that everything goes precisely according to hope and plan! Statistically (and not to be a downer) the likelihood is 1 in 10 that an acquisition, even if after all the talk of “independence” the cost-savings across operations parts of a business should be subsumed eventually which is where most of the fundamental culture resides.

Anyways… we’ll see how that works out in time!


Love this so hard:

Show me who their role models are and I can tell you what kind of person they are and the future that they will have.

Warren Buffett

More on “role models” from both Buffett and Munger:

It does pay to have the right role models. I’ve been lucky to have few at a young age and I’ve continued to develop more as I’ve gone along. They’ve never let me down.

It just stands to reason that if you copy very much the people that you look up to; it’s going to have a huge impact.

The first role models being your parents and if they are great then that beats out a whole lot of things in life.

And even as I’ve gotten older I’ve picked a few more.

I tell my students to pick out the person you admire the most in class and write down the reasons you admire them. Then, figure out why you can’t have those same qualities.

Turns out that it’s not their ability to throw a football 60 yards or run the 100 yards in 10 seconds flat; their qualities of personality, character, temperament that can be emulated β€” but you got to start early as it’s very tough to change behavior later on.

It also takes a little bit of strength of character to look inward and ask if you’ve got anything that you don’t like (about yourself).

It’s really not complicated; nothing is more simple than trying to figure out what you admire and then deciding that the person you really would like to admire is yourself.

And the only way you’re going to become an admirable person is to take on the qualities of the people that you admire.

Warren Buffett

And then, of course, Charlie:

There is no reason to look only for living models; the eminent dead are some of the best models around. If a model is all you want, then it’s better to not limit yourself to the living.

Some of the very best models have been dead for a long time.

Charlie Munger

So much wisdom between these two men; I’m so glad we still have them around for a few more years.

/end

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