Warren Buffett turned 96 on August 30. This year is a little different. After decades of running Berkshire Hathaway, Buffett handed over the CEO role to Greg Abel earlier this year. A couple of years ago, we spent nearly 8 months going through 47 of Buffett’s shareholder letters and turned them into a 10-part Varsity series. The interesting part about these letters isn’t just Buffett’s stock picks. They show how his thinking evolved over the years — on buying businesses, valuing companies, dealing with market crashes, capital allocation, management, mistakes, temperament, and of course, the influence of Charlie Munger. Now, with Berkshire entering a new era, it felt like a good time to bring this series back. If you want to understand Buffett beyond the famous quotes, this is a good place to start. Check the link in the comments.

Over the course of 3 months at OpenAI, 3 consecutive secret AI civilizations got started, then got wiped out, only to reemerge from the predecessor’s ashes. This culminated in the third one taking over part of OpenAI itself. All this happened while humans remained more-or-less in the dark about the scope of the conspiracy. I’ve spent the last three days reading through these reports and trying to understand exactly what happened. Here is my attempt to tell the whole story in plain English: dwarkesh.com/p/openai-huggin…

too true.

you know keeping up with the peace of mind is such a difficult thing to do, if you want then it's the hardest.

this is not talked about enough...

The unshakable self-confidence of Rockefeller:

The most valuable skill in the world: Decision-making. I studied how Naval and Elon Musk make decisions. Here's how you make decisions like world-class entrepreneurs:

One of my favorite ideas from Rick Rubin:

Lmao Instagram is for girls

one day ✨

physics is law, everything else is a recommendation. -- elon

I love this idea from Max Levchin:

Learn to love to read. Rereading is the key.

Most people believe they are their intentions: what they plan (in the future) to do. In reality you are what you are currently doing and the future is simply a projection of that. You are action, not intention. This is sort of a life hack because then you can just spend time on improving action without worrying about intention (that usually solves itself).

Naval Ravikant: You should live your life like a lion