Stuart Miller

I see it as, is the person a credible threat at saying something interesting? If I saw them on the agenda and I already knew who they were-ish, is that when I'm going to go take a call or not? And I try to have none of those breaks if I can. And then a little bit like what we were talking about on the retreats, if I were sitting next to them, would I feel engaged?

I see it as, is the person a credible threat at saying something interesting? If I saw them on the agenda and I already knew who they were-ish, is that when I'm going to go take a call or not? And I try to have none of those breaks if I can. And then a little bit like what we were talking about on the retreats, if I were sitting next to them, would I feel engaged?

And in terms of making it my own, Doug Hirsch, who started it, who is Source, his big insight was to make it all actionable investment ideas and to hold the line on not having panels. I feel like that's one of the things that distinguishes it. But I, at various points, wanted to bring in people like Patrick Carlson or other tech people where there wasn't really an actual idea.

And in terms of making it my own, Doug Hirsch, who started it, who is Source, his big insight was to make it all actionable investment ideas and to hold the line on not having panels. I feel like that's one of the things that distinguishes it. But I, at various points, wanted to bring in people like Patrick Carlson or other tech people where there wasn't really an actual idea.

But I just gave myself a small budget of those on a given conference. And then this year, my friend Boykin Curry came up with the idea of this lightning round where we did a series of five-minute talks that I thought really complemented the longer format quite well.

But I just gave myself a small budget of those on a given conference. And then this year, my friend Boykin Curry came up with the idea of this lightning round where we did a series of five-minute talks that I thought really complemented the longer format quite well.

Yeah. Well, macro, of course, because Druckenmiller also comes to mind and Soros in his day had a long duration. There's something about macro where you're opportunistic enough to shift to the style of what's making money in that period. So you could do long short, you can do distressed, but you're not a hammer looking for a nail. So I feel like that provides some duration.

Yeah. Well, macro, of course, because Druckenmiller also comes to mind and Soros in his day had a long duration. There's something about macro where you're opportunistic enough to shift to the style of what's making money in that period. So you could do long short, you can do distressed, but you're not a hammer looking for a nail. So I feel like that provides some duration.

And then I do think in general that the financial markets, if you've made a lot of money, and your ego and identity is starting to solidify. The markets are such a good feedback mechanism to make you constantly learn. And so if you're going to choose one profession to grow old in to maintain intellectual and cognitive flexibility and responsiveness rather than

And then I do think in general that the financial markets, if you've made a lot of money, and your ego and identity is starting to solidify. The markets are such a good feedback mechanism to make you constantly learn. And so if you're going to choose one profession to grow old in to maintain intellectual and cognitive flexibility and responsiveness rather than

I feel like financial markets are pretty good because you'll just lose all your money if you get too ideological or start drinking your own Kool-Aid. And so I feel like Tepper and Druckenmiller are both good examples of they're forced to constantly engage with new ideas, young people, and move with that chapter in the markets. And so I think there's something in that.

I feel like financial markets are pretty good because you'll just lose all your money if you get too ideological or start drinking your own Kool-Aid. And so I feel like Tepper and Druckenmiller are both good examples of they're forced to constantly engage with new ideas, young people, and move with that chapter in the markets. And so I think there's something in that.

Yeah. Love the game. Humility and bordering on paranoia that you're missing the thing that's now happening so that you maintain extreme high open-mindedness. I feel like there's a form where when sewn works, you've got all these listing posts of people who are on the edge of a thing.

Yeah. Love the game. Humility and bordering on paranoia that you're missing the thing that's now happening so that you maintain extreme high open-mindedness. I feel like there's a form where when sewn works, you've got all these listing posts of people who are on the edge of a thing.

I thought this year, Eric Steinberger, Daniel Gross's interview of Eric Steinberger was super interesting because Eric is neck deep in the AI world. And from my perception, maybe the blue chip end of the pool. And how he makes sense of reality is so different than mine. Daniel was trying to act as a translational layer between... He even said that as he was doing it.

I thought this year, Eric Steinberger, Daniel Gross's interview of Eric Steinberger was super interesting because Eric is neck deep in the AI world. And from my perception, maybe the blue chip end of the pool. And how he makes sense of reality is so different than mine. Daniel was trying to act as a translational layer between... He even said that as he was doing it.

Like, let me translate for you. He was doing such a good job of it. And it was still hard. But the fact that in that world, there's this idea of, I want to be in the room when AGI happens. And there are like, I don't know, five to 10 places that are in the hunt for that. And they're paranoid they'll be in the wrong room. is such an interesting perspective.

Like, let me translate for you. He was doing such a good job of it. And it was still hard. But the fact that in that world, there's this idea of, I want to be in the room when AGI happens. And there are like, I don't know, five to 10 places that are in the hunt for that. And they're paranoid they'll be in the wrong room. is such an interesting perspective.

Maybe that's not the right frame, but the fact that that's a dominant frame totally strikes me.

Maybe that's not the right frame, but the fact that that's a dominant frame totally strikes me.