Bill Gurley

And that's partially because I've always felt that way, but also the people I respect the most feel that way.

I think Toby, the CEO and founder of Shopify, was interviewed in the past 30 days, and this was the number one thing he said, just as an example.

And Buffett says the same thing.

Yeah.

This is a—so between the talk that I gave at University of Texas and the book form of the speech, we added a sixth tenet, and it was moving to where the action is.

I—

strongly believe that if you can afford it, you'd rather be an even average player where everyone's doing this thing than being the best player in a market that doesn't rank for that field.

And if you're a songwriter, that means Nashville.

If you're a founder, that means Silicon Valley.

If you want to work in finance, it means New York City.

And

the, it's the number of what it really does is the number of chance positive things that are going to happen.

I'd probably use the word optionality just goes up 20 X. Like you're just going to run into so many people doing the same things.

And like, and if, if, if you go to a job and it doesn't work out, there's so many other people hiring for that same thing.

Like it just really changes the dynamic.

And, um,

It probably is important that you're someone that is self-motivated, but 8 out of 10 for most fields.

If you're a coach, you can't really do that.

There are some fields where you can do it virtually, subreddits and things like that.

That's a great word.