Steven

So it's always the case that in a new technology that changes in the world, there's a big gap between this is going to change the world and everyone's going to get rich on this.

Or in theory in the future. I've talked to people about this, that like you can't believe in crypto and quantum at the same time. People who are much smarter than me say that's not the case, that you can augment the system. I don't really understand it. But people who are much smarter than me say they're not worried about it.

Or in theory in the future. I've talked to people about this, that like you can't believe in crypto and quantum at the same time. People who are much smarter than me say that's not the case, that you can augment the system. I don't really understand it. But people who are much smarter than me say they're not worried about it.

Yes. But that's – I mean of course that could be the case. I mean gold, which has been a store of value for thousands of years, has gone through periods where it surged and then fell 90% and sat there for 20 years kind of thing.

Yes. But that's – I mean of course that could be the case. I mean gold, which has been a store of value for thousands of years, has gone through periods where it surged and then fell 90% and sat there for 20 years kind of thing.

So even when you have something that is a historic like very objective store of value, that doesn't mean that you know what the price is going to do next month or next year or even the next 10 years. That's a totally different thing.

So even when you have something that is a historic like very objective store of value, that doesn't mean that you know what the price is going to do next month or next year or even the next 10 years. That's a totally different thing.

I think if there's one big one that is applicable to ordinary people, you know, you can come up with like different marketing things, but like, that's not gonna apply to me or you. One thing that sticks out, that is a common denominator that virtually everyone listening to this could learn from is they were way more patient and had way more endurance and kept it going for longer than anyone else.

I think if there's one big one that is applicable to ordinary people, you know, you can come up with like different marketing things, but like, that's not gonna apply to me or you. One thing that sticks out, that is a common denominator that virtually everyone listening to this could learn from is they were way more patient and had way more endurance and kept it going for longer than anyone else.

David Senra, who's a great podcaster, right? So he has a podcast called Founders. He said this one time, he was like, he hears from entrepreneurs, who are like, man, I listened to your podcast. I'm a founder. I have a company and I'm going to sell my company next year. I'm going to do it. I'm going to sell it to Google.

David Senra, who's a great podcaster, right? So he has a podcast called Founders. He said this one time, he was like, he hears from entrepreneurs, who are like, man, I listened to your podcast. I'm a founder. I have a company and I'm going to sell my company next year. I'm going to do it. I'm going to sell it to Google.

And David's like, did you learn anything from the historical entrepreneurs of Rockefeller or Steve Jobs or Bill Gates? Those people ran their companies for 50 years. They ran their companies until they died kind of thing. These are not people who are looking to be like, I'm going to create a company and then sell it. I'm going to start another company and sell it.

And David's like, did you learn anything from the historical entrepreneurs of Rockefeller or Steve Jobs or Bill Gates? Those people ran their companies for 50 years. They ran their companies until they died kind of thing. These are not people who are looking to be like, I'm going to create a company and then sell it. I'm going to start another company and sell it.

They keep it going for as long as they possibly can. The big wealth usually does not come. It almost never comes from like a great idea that there's surges out of the middle of nowhere. it's usually like a pretty good idea that you can keep going for 40 years or 50 years. That's where the big money comes from.

They keep it going for as long as they possibly can. The big wealth usually does not come. It almost never comes from like a great idea that there's surges out of the middle of nowhere. it's usually like a pretty good idea that you can keep going for 40 years or 50 years. That's where the big money comes from.

I wrote this in the book, 99.9% of Warren Buffett's net worth was accumulated after his 60th birthday. So when Warren Buffett was 60, he was worth $2 billion, an incredible amount of money. He could have sold then, and he sold everything and retired and had an absolutely amazing life. The reason that he has accumulated, if you count the money he's given away, $250 billion-

I wrote this in the book, 99.9% of Warren Buffett's net worth was accumulated after his 60th birthday. So when Warren Buffett was 60, he was worth $2 billion, an incredible amount of money. He could have sold then, and he sold everything and retired and had an absolutely amazing life. The reason that he has accumulated, if you count the money he's given away, $250 billion-

It's because he kept it going. So now he's 93 years old and he's still going. Bill Gates could have sold Microsoft in the 1970s and made $10 million and had a great little life. But he kept it going and kept it going. Yahoo offered Mark Zuckerberg a billion dollars cash. And he was like 19 at the time. And he said, no, I'm going to keep doing this thing.

It's because he kept it going. So now he's 93 years old and he's still going. Bill Gates could have sold Microsoft in the 1970s and made $10 million and had a great little life. But he kept it going and kept it going. Yahoo offered Mark Zuckerberg a billion dollars cash. And he was like 19 at the time. And he said, no, I'm going to keep doing this thing.

That's the common denominator that ordinary people can learn from is like endurance and longevity is usually where the big wealth is made.