1. Capital structure and track record must be airtight. Make your investment processes auditable, and trackable from day one. Professionally manage your capital or be subject to lack of organization.
2. Sustainable, shared, compounding systems matter most. The best things in life follow the same rule across wealth, habits, hobbies, and relationships: they are sustainable, shared, and compound over time.
3. Take a real liquidity event seriously. Selling a massive position and then stepping away from markets for an extended period of time isn't weakness or quitting, it’s discipline and long-term positioning.
4. Keep tax structures normal and clean. No unnecessary complexity. Straightforward, compliant tax structures matter more than clever optimization (or lack thereof).
5. Extreme attention to detail is non-negotiable Things should be done extremely well and correctly. Sloppiness compounds negatively at scale.
6. Frugality paired with intentional spending. Despite being well ahead financially, remaining very frugal day-to-day, but spending freely on experiences, hosting, and things that create shared value.
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6 lessons passed on from an investing mentor:
1. Capital structure and track record must be airtight.
Make your investment processes auditable, and trackable from day one. Professionally manage your capital or be subject to lack of organization.
2. Sustainable, shared, compounding systems matter most.
The best things in life follow the same rule across wealth, habits, hobbies, and relationships: they are sustainable, shared, and compound over time.
3. Take a real liquidity event seriously.
Selling a massive position and then stepping away from markets for an extended period of time isn't weakness or quitting, it’s discipline and long-term positioning.
4. Keep tax structures normal and clean.
No unnecessary complexity. Straightforward, compliant tax structures matter more than clever optimization (or lack thereof).
5. Extreme attention to detail is non-negotiable
Things should be done extremely well and correctly. Sloppiness compounds negatively at scale.
6. Frugality paired with intentional spending.
Despite being well ahead financially, remaining very frugal day-to-day, but spending freely on experiences, hosting, and things that create shared value.