Tap a claim on the ring to put it at the centre.
← The wise bet heavily when the world offers them the odds, and not the rest of the time
17 connected korrents · 15 moments from 22 Feb 2022 to 3 Sept 2026.
Everything filed under investing
investing
Everything filed under ambition
ambition
Everything filed under optimism
optimism
Everything filed under design
design
Everything filed under happiness
happiness Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: The wise bet heavily when the world offers them the odds, and not the rest of the time The wise bet heavily when the world offers them the odds, and not the rest of the time
CM
Charlie Munger — holds since c. 1994 — tap for who they are
Same subject: A life spent without taking bets on being early on an idea is one not lived to the fullest — tap to centre the map on it A life spent without taking bets on being early on an idea is one not lived to the fullest Last stated 2 years ago
8 Jun 2024
DH
David Heinemeier Hansson — holds since 2024-06-08 — tap for who they are
Same subject: It is a mistake, made even by many who think themselves wise, to believe the world holds more evil than good — tap to centre the map on it It is a mistake, made even by many who think themselves wise, to believe the world holds more evil than good
MM
Moses Maimonides — holds since c. 1190 — tap for who they are
Same subject: Many highly intelligent people tend to be insecure and risk-averse. — tap to centre the map on it Many highly intelligent people tend to be insecure and risk-averse. Last stated 5 years ago
22 Feb 2022
NN
Neel Nanda — holds since 2022-02-22 — tap for who they are
Same subject: Investors have collectively absorbed the idea of increasing returns and power laws, and that belief is what makes them take ever more risk. — tap to centre the map on it Investors have collectively absorbed the idea of increasing returns and power laws, and that belief is what makes them take ever more risk. Last stated 4 months ago
9 Jun 2026
BG
Bill Gurley — holds since 2026-06-09 — tap for who they are
Same subject: A board game conquers the world when chance and strategy are in balance in it. — tap to centre the map on it A board game conquers the world when chance and strategy are in balance in it. Last stated 10 months ago
12 Dec 2025
IF
Irving Finkel — holds since 2025-12-12 — tap for who they are
Same subject: To bear misfortune well, it is wise to have cultivated a width of interests in happier times — tap to centre the map on it To bear misfortune well, it is wise to have cultivated a width of interests in happier times
BR
Bertrand Russell — holds since c. 1930 — tap for who they are
Same subject: Giving something 60-40 odds and being wrong is not itself a mistake. — tap to centre the map on it Giving something 60-40 odds and being wrong is not itself a mistake. Last stated 4 years ago
1 Feb 2023
SA
Scott Alexander — holds since 2023-02-01 — tap for who they are
Same subject: Thinking harder about a decision has diminishing returns because reality is inherently unknowable. — tap to centre the map on it Thinking harder about a decision has diminishing returns because reality is inherently unknowable. Last stated 5 years ago
22 Feb 2022
NN
Neel Nanda — holds since 2022-02-22 — tap for who they are
Same subject: A bubble can only be identified in retrospect, so arguing about whether one is happening now cannot be settled now. — tap to centre the map on it A bubble can only be identified in retrospect, so arguing about whether one is happening now cannot be settled now. Last stated 10 months ago
9 Dec 2025
HM
Howard Marks — holds since 2025-12-09 — tap for who they are
Same subject: A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. — tap to centre the map on it A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. — tap to centre the map on it A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. Last stated 2 months ago
21 Aug 2026
RD
Ray Dalio — holds since 2026-08-21 — tap for who they are
Same subject: Almost no mutual fund earns the fees it charges, so most investors are better off buying an index fund. — tap to centre the map on it Almost no mutual fund earns the fees it charges, so most investors are better off buying an index fund. Last stated 3 years ago
20 Feb 2024
BA
Bill Ackman — holds since 2024-02-20 — tap for who they are
Same subject: An investor's starting point should be the portfolio that is best to hold independent of any tactical market view — tap to centre the map on it An investor's starting point should be the portfolio that is best to hold independent of any tactical market view Last stated a month ago
25 Aug 2026
RD
Ray Dalio — holds since 2026-02-19 — tap for who they are
NM
Nick Maggiulli — holds since 2026-08-25 — tap for who they are
Same subject: At a market price-earnings ratio of twenty-three there is little upside and a long way to fall, where at fifteen there would be much less risk. — tap to centre the map on it At a market price-earnings ratio of twenty-three there is little upside and a long way to fall, where at fifteen there would be much less risk. Last stated a year ago
16 Jul 2025
JD
Jamie Dimon — holds since 2025-07-16 — tap for who they are
Same subject: An investor who passes on a pitch they find truly novel will often still refer it to another investor, to get credit for having found it. — tap to centre the map on it An investor who passes on a pitch they find truly novel will often still refer it to another investor, to get credit for having found it. Last stated 2 months ago
5 Aug 2026
ZH
Zach Holman — holds since 2026-08-05 — tap for who they are
Same subject: Being formidable means getting what you want in any situation, and that is exactly why investors want it: a formidable founder's interests and theirs are the same. — tap to centre the map on it Being formidable means getting what you want in any situation, and that is exactly why investors want it: a formidable founder's interests and theirs are the same. Last stated a month ago
3 Sept 2026
PG
Paul Graham — holds since 2026-09-03 — tap for who they are
Same subject: If whatever is being done is done well enough, investors won't be needed at all. — tap to centre the map on it If whatever is being done is done well enough, investors won't be needed at all. Last stated a month ago
1 Sept 2026
PG
Paul Graham — holds since 2026-09-01 — tap for who they are
At the centre
The wise bet heavily when the world offers them the odds, and not the rest of the time
Last stated c. 1994
Holds Read this korrent →
A life spent without taking bets on being early on an idea is one not lived to the fullest
Holds
It is a mistake, made even by many who think themselves wise, to believe the world holds more evil than good
Last stated c. 1190
Holds
Many highly intelligent people tend to be insecure and risk-averse.
Holds
Investors have collectively absorbed the idea of increasing returns and power laws, and that belief is what makes them take ever more risk.
Holds
A board game conquers the world when chance and strategy are in balance in it.
Holds
To bear misfortune well, it is wise to have cultivated a width of interests in happier times
Last stated c. 1930
Holds
Giving something 60-40 odds and being wrong is not itself a mistake.
Holds
Thinking harder about a decision has diminishing returns because reality is inherently unknowable.
Holds
A bubble can only be identified in retrospect, so arguing about whether one is happening now cannot be settled now.
Holds
A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate.
Holds
A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement.
Holds
Almost no mutual fund earns the fees it charges, so most investors are better off buying an index fund.
Holds
An investor's starting point should be the portfolio that is best to hold independent of any tactical market view
Holds
At a market price-earnings ratio of twenty-three there is little upside and a long way to fall, where at fifteen there would be much less risk.
Holds
An investor who passes on a pitch they find truly novel will often still refer it to another investor, to get credit for having found it.
Holds
Being formidable means getting what you want in any situation, and that is exactly why investors want it: a formidable founder's interests and theirs are the same.
Holds
If whatever is being done is done well enough, investors won't be needed at all.
Holds