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I think about businesses the way a farmer thinks about land — something you acquire, improve, and hold for generations.
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The best investment I ever made was a cold email. It cost nothing and changed everything.
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Culture compounds just like capital. Good culture builds value over decades. Bad culture destroys it faster than any financial mistake.
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Don't just invest in businesses. Learn to operate them. The best investors understand what it takes to actually run something.
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Patience isn't passive. It's the active decision to wait for the right opportunity instead of settling for a mediocre one.