Investing Mindsets 🧠

You are a Time Billionaire

<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/5587444c-c4c9-497c-9c2e-dd05ccbd8382/Favicon-simplify.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/5587444c-c4c9-497c-9c2e-dd05ccbd8382/Favicon-simplify.png" width="40px" /> Time can be more valuable than money, so don't treat it lightly.

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"It's the only thing you can't buy. I mean, I can buy anything I want basically but I can't buy time" - Warren Buffet, net worth: $86B

If you're young, you're way 'richer' than you think...

If you're young, you're way 'richer' than you think...

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https://twitter.com/apompliano/status/1400259752530223107?s=27

Constantly Be on the Look-Out for Asymmetric Upside

Unlike baseball where home runs are capped at 4 runs, good bets in life and investing can be 100 or 1000X wins. Just look at crypto!

Be on the lookout for these opportunities (people, ideas, investment opportunities) and don't be afraid to invest with larger amounts of $$. They can have HUGE upside with only 1X downside.

The world of venture capital (VC) is dictated by the power law: 20% of your portfolio will generate 80% of your returns.

The world of venture capital (VC) is dictated by the power law: 20% of your portfolio will generate 80% of your returns.

"Just Do It"

Historically, the M.O. with investing has been 1) deeply understand how to invest, the risks, etc, and 2) get started. We think that's backward: instead, first get started by experimenting with various investments. You'll learn over time what works and what doesn't in a real way with skin in the game. And you get all the ancillary benefits of going down the rabbit hole, increased understanding and compounding early.

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The analogy I often use is with skiing/snowboarding. No one learns by watching people go down the hill and watching Youtube videos hours of professionals. Rather, you have to fall down the hill a couple times before you get understand your style and get better. Investing is no different.

OK, let's go buy some $BTC 🏃🏿

Step 1: Everyone buy BTC live

Step 2: Post your receipts in our HAX-CRYPTO-1 room in Geneva and social media with the hashtag #haxcrypto1 (please remember to gray out any personal information incl account numbers, etc)

Time permitting, we can look at Karthik → Adam's BTC send & receive: https://www.blockchain.com/btc/address/bc1qm7qkp8n4chmk072t7cf64hqvngdmgkrl08c5tu

https://twitter.com/BitcoinIsSaving/status/1359512490774822920?s=20

The Crypto OG: Origin Story 🥇

Disclaimer: Karthik is long $BTC

"Real G's move in silence like lasagna" — Lil' Wayne

Profile

<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/324a3b0c-dfdf-49cb-ae8b-18efdc864561/yawn.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/324a3b0c-dfdf-49cb-ae8b-18efdc864561/yawn.png" width="40px" /> TLDR: Bitcoin is the OG of crypto and was the very first cryptocurrency invented in 2009 via the publishing of its white paper by Satoshi Nakomoto, a pseudonymous person or set of persons. It is the most popular and valuable cryptocurrency today.

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