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Why do they call you the dando investor?
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It's a way of doing business and making
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money without taking risk. Like for
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example, Mr. Gates, Mr. Walt, Mr.
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Branson, all of these people followed
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these simple mental models. So if they
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won, they would win big and if they
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lost, they'd lose nothing.
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So I want to know everything.
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Okay, let's start with this. If humans
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understood that if I embark on a
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business in a format where the risk is
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close to zero, more people would do it.
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And that's what these mental model do.
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For example, cloning. We are taught if
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you want to start a business, you need
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to come up with something new. But
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actually, if you are a great cloner, you
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will be 90% ahead of the rest of
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humanity. And in fact, everything that
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Microsoft has done well at has come from
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copying someone on the outside. And then
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there's time. When you're starting a
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business, don't quit the day job because
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some other yo-yo is paying your rent.
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But it does mean that you need to find
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time to work on your business. But I
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will show you the perfect way to
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allocate your time. And that's not all.
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There's models like lowhanging fruit,
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skin in the game, givers versus takers,
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and the circle of competence. And I'll
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I'll explain all of them.
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What about investing? Cuz you're very
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well known for being an excellent
00:01:14
investor.
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There are three things that matter with
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investing. And there's also something
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known as the rule of 72, but I wish they
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would teach it more in high school. And
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it tells us how long it takes money to
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double. Now, this is exciting.
