I’m trying something new this week. I’m going to share content I consumed and learned from.

What I struggled with:

·      No material struggles this week

What I learned:

• 19-year-old makes $400,000 a month – Bloomberg article about how teenagers are becoming millionaires by creating games on Roblox. This is a big market and a trend that isn’t widely known or understood.
• A Wall Streeter bought one of NYC’s biggest clubs – WSJ article about a club that was doing a shocking amount of revenue. After the owners borrowed money, they ended up losing control of the club.
• “College Freshman Sells $50M AI Company” – My previous post includes links to the TechCrunch article and the founder’s X account post about the sale.
• Howard Marks memo: AI hurtles – YouTube video of Howard Marks’s latest memo on AI. This complements his December memo on AI’s ramifications for investing.
• My First Million: The product is you – YouTube video from My First Million, which is about entrepreneurship. Ideas that stuck with me: the concept of the product you’re uniquely suited to build, being you pushed out. Also, I like the impatient-with-action, patient-with-results mindset.
• Alpha Comes from a Differentiated View – YouTube video about investing from someone who worked at hedge funds like Steve Cohen’s Point72. I liked the hit rate vs. slugging thought, being right vs. getting it right, questions to ask when tracking change, and thinking in frameworks.
• Neil Howe on the Fourth Turning – YouTube interview of Cem Karsan and Neil Howe about how differences in generations lead to big societal changes and impact public markets.
• Cem Karsan’s views on current state of stock market – YouTube interview with Cem Karsan. He shares his thoughts about the current stock market and Citrini’s infamous AI report.

That’s what I consumed and learned from and struggled with last week.