Stuart Miller

And then other places, other than what are you compulsive about, that question of have you felt a moment of ignition where you saw somebody else and you said, I want to be that. I read that in the talent code. Have you read the talent code? You said it's me. Yeah. I read that in the telegram. I was like, oh shit, I totally had that. I had that twice.

And then other places, other than what are you compulsive about, that question of have you felt a moment of ignition where you saw somebody else and you said, I want to be that. I read that in the talent code. Have you read the talent code? You said it's me. Yeah. I read that in the telegram. I was like, oh shit, I totally had that. I had that twice.

I had that when I was in eighth grade and I was rowing. It was like the sixth time I went rowing. And this senior and junior, a guy and a woman who were tall and he was handsome and she was beautiful. And they just had such... presence and mastery of rowing. They had both won national championships. And I was in eighth grade at the time.

I had that when I was in eighth grade and I was rowing. It was like the sixth time I went rowing. And this senior and junior, a guy and a woman who were tall and he was handsome and she was beautiful. And they just had such... presence and mastery of rowing. They had both won national championships. And I was in eighth grade at the time.

I was like, oh, all I have to do is row four hours a day and I can be that? Done. And then I didn't look back because it was so embodied. And it was also a recognition that I have enough overlap with them that I can do this. Like it's not completely random, but then that feels like a viable path. It's not that reliable a question, actually.

I was like, oh, all I have to do is row four hours a day and I can be that? Done. And then I didn't look back because it was so embodied. And it was also a recognition that I have enough overlap with them that I can do this. Like it's not completely random, but then that feels like a viable path. It's not that reliable a question, actually.

A lot of people either fake it or they don't recognize those moments. It's kind of a subtle thing to catch. But Tim Galloway, the Intergame of Tennis guy, has this line, desire wants what it wants. I think it's so profound. From schools, parents, peers... Like we cover up what the desire actually wants and getting in tune with it is so powerful.

A lot of people either fake it or they don't recognize those moments. It's kind of a subtle thing to catch. But Tim Galloway, the Intergame of Tennis guy, has this line, desire wants what it wants. I think it's so profound. From schools, parents, peers... Like we cover up what the desire actually wants and getting in tune with it is so powerful.

And hopefully that happens to somebody in their 20s or 30s from a career perspective. When it does click, you can hear it in their voice. You can hear it in the way they create language to capture the things they've seen.

And hopefully that happens to somebody in their 20s or 30s from a career perspective. When it does click, you can hear it in their voice. You can hear it in the way they create language to capture the things they've seen.

I was working at a fund of funds and Dan Stern, who you may have met, who used to run Reservoir, the way these mutual friends described him and then his activity, which was so people-focused within investments, I was like, oh, that's my own orientation towards this. Oh, there's a path here of being an effective investor by selecting people, having very high situational awareness.

I was working at a fund of funds and Dan Stern, who you may have met, who used to run Reservoir, the way these mutual friends described him and then his activity, which was so people-focused within investments, I was like, oh, that's my own orientation towards this. Oh, there's a path here of being an effective investor by selecting people, having very high situational awareness.

on how to set up the right platform for them that I thought, you know what? I've never met him, but I could just tell based on the friends we had in common and then how effective he'd been that, oh, that's a thing. I want to be that.

on how to set up the right platform for them that I thought, you know what? I've never met him, but I could just tell based on the friends we had in common and then how effective he'd been that, oh, that's a thing. I want to be that.

Well, I think he apprenticed under Richard Rainwater and Rainwater had this

Well, I think he apprenticed under Richard Rainwater and Rainwater had this

Yeah. And then you just tell from the people he had seated, there was a consistency to his taste, which was in seating, there's massive adverse selection, of course, like the people in general. Somebody who has pulled out enough money from the market should have enough money to put themselves into business. So you have to understand why you're so lucky that you're either catching them.

Yeah. And then you just tell from the people he had seated, there was a consistency to his taste, which was in seating, there's massive adverse selection, of course, like the people in general. Somebody who has pulled out enough money from the market should have enough money to put themselves into business. So you have to understand why you're so lucky that you're either catching them.

I generally like catching people super young. It's like a company going IPO. There's just not that much opportunity. information yet about them. And so it makes sense there'd be inefficiency. But then other times, another pattern I liked a lot was someone's former boss damning them either with faint praise or not even with faint praise.

I generally like catching people super young. It's like a company going IPO. There's just not that much opportunity. information yet about them. And so it makes sense there'd be inefficiency. But then other times, another pattern I liked a lot was someone's former boss damning them either with faint praise or not even with faint praise.