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Tools Of Titans: Highlights For Investors

You’re good with numbers. You’ve been trading in securities for a while. You’ve had wins, you’ve had losses and they’ve all added up to a more skilled, well-rounded investor, person, entrepreneur, provider – basically it adds up to way more than just the numbers. Who you are contributes to your success and on Tim Ferris’ podcast, we hear evidence of this episode after episode.

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Mr. Ferriss compiled highly-valuable insights from years of conversations with guests in his book Tools Of Titans. Here are some of the gems that stood out to us:

  1. From Chris Sacca; early-stage investor in many different companies including Twiiter and Uber. Quote from Chris as found in Tools Of Titans: “Experience often deeply embeds the assuptions that need to be questioned in the first place. When you have a lot of experience with something, you don’t notice the things that are new about it. You don’t notice the idiosyncrasies that need to be tweaked. You don’t notice where the gaps are, what missing, or what’s not really working.”
  2. From Peter Diamandis; chairman of the XPRIZE Foundation. Quote from Chris as found in Tools Of Titans: “I think of problems as gold mines. The world’s biggest problems are the world’s biggest business opportunities.” What problems have you embraced lately?
  3. Questions. Tony Robbins says that the quality of your life is determined by the quality of your questions. Mr. Ferriss has a section called Testing the “Impossible”: 17 Questions That Changed My Life (it’s on page 594 in case you feel like picking up a copy) but we thought we would share the top three that would be the most valuable to accredited investors here:
    • If I could only work 2 hours per week on my business, what would I do?
    • Do I need to make it back the way I lost it?
    • What would this look like if it were easy?

Have you picked up a copy of this book? What were the highlights for you? Leave them below in the comments.

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