EP73 The Tao of Charlie Munger

EP77 Arnold: The Education of a Bodybuilder

This week, we continue our journey with Arnold by learning how he rose to the top of the bodybuilding world in only an 8 year span!! As a 15 year old kid in Austria, Arnold wasn't on anybody's radar to become the next bodybuilding sensation. Certainly no one thought he would become the Mr. Universe champion as a teen... yet his unbreakable self confidence and relentless work ethic just catapulted him to the top that much quicker than all his peers. This episode is filled with gold, from Arnold's inspiring mentality, to how he was able to differentiate himself from other greats, to his actual lifting routines that you and I can adopt today. I highly recommend you listen - whether you are someone going for greatness in your own field, or simply want a little inspiration for your next workout. Enjoy! ---- Arnold: The Education of a Bodybuilder [https://www.amazon.com/Arnold-Education-Bodybuilder-Schwarzenegger/dp/0671797484] - Arnold Schwarzenegger ---- Please share with a friend or rate 5 stars if you enjoyed this episode! | Find us at ReadnRepeat.com [https://www.readnrepeat.com/] and on Twitter @ReadnRepeatPod [https://twitter.com/ReadnRepeatPod] ---- Recommendation of the Week: How to Lose Weight in 4 Easy Steps [https://www.youtube.com/watch?v=9mbp0DugfCA] (it's not what you expect...) ---- The Web of Ideas: The Education of a Bodybuilder (my notes on the book) [https://adventurous-tray-11f.notion.site/Arnold-The-Education-of-a-Bodybuilder-9036084747ea4813a67e45d21e2fd7b3?pvs=4] ---- Show Notes: 2:40 - A teenager with a dream 9:30 - Greatness requires OBSESSION 16:40 - Conventional wisdom produces conventional results... 23:34 - Work hard in the dark to shine in the light 32:38 - Utter self belief 37:40 - "Arnold, what can you do to be special and different?" 44:22 - Total concentration 48:55 - Cementing himself as the best

EP76 Be Useful by Arnold Schwarzenegger

This week we dive into Arnold Schwarzenegger's book 'Be Useful,' offering insights into how he reached the pinnacle of success across bodybuilding, acting, and politics. Arnold shares the 7 tools that were most influential for his life, including setting an ambitious vision, outworking his peers, and giving back. He describes how he was able to sell the sport of bodybuilding into the mainstream, and how those training habits easily transferred over to acting. He was doubted constantly by friends and fans, but his determination and positive mindset kept pushing him to break through perceived barriers. This episode is filled with stories that we can all benefit from - enjoy! ---- Be Useful: Seven Tools for Life [https://www.amazon.com/Be-Useful-Seven-Tools-Life/dp/0593655958] - Arnold Schwarzenegger ---- Please share with a friend or rate 5 stars if you enjoyed this episode! | Find us at ReadnRepeat.com [https://www.readnrepeat.com/] and on Twitter @ReadnRepeatPod [https://twitter.com/ReadnRepeatPod] ---- Recommendation of the Week: Arnold Documentary [https://www.imdb.com/title/tt27713897/]on Netflix ---- The Web of Ideas: Be Useful (my notes on the book) [https://adventurous-tray-11f.notion.site/Be-Useful-c8ade04193e64a49ab809ec4a299ff19?pvs=4] ---- Show Notes: 2:56 - Arnold's Journey: From vision to bodybuilding champion 12:33 - Never think small 18:01 - Work hard in the dark to shine in the light 24:05 - Sell sell sell 34:38 - Post-traumatic GROWTH 41:18 - Become a learning machine 45:56 - The importance of giving back

EP75 What I Learned About Investing From Darwin

We loved making this episode because it's part Darwin evolutionary biology and part Buffett investing wisdom! In the book, Pulak Prasad shares how he has built his investment philosophy based on evolutionary survival, and how many lessons surprisingly cross over into the finance world. His approach may seem simple, but it is effective: 1) Avoid Big Risks 2) Buy High Quality at a Fair Price 3) Don't Be Lazy - be very lazy He's used this strategy to grow his investment firm, Nalanda, into a $5 billion fund, practicing what he preaches on a daily basis. But his book differs greatly from most investment books, because he incorporates examples across evolutionary science, such as deers in the wilderness, taming wild foxes, growing rabbit populations, and much more. These stories serve as a powerful connection to investing because they teach us how businesses can structure themselves to survive the long haul, how investors can overcome their natural FOMO instincts, and how compounding can creep up on us unlike anything we've ever seen before. I think this episode will be informative for investors, operators, and all science nuts alike. We hope you enjoy it!! ---- What I Learned About Investing From Darwin [https://www.amazon.com/What-Learned-About-Investing-Darwin-ebook/dp/B0BG99WS31] - Pulak Prasad ---- Please share with a friend or rate 5 stars if you enjoyed this episode! | Find us at ReadnRepeat.com [https://www.readnrepeat.com/] and on Twitter @ReadnRepeatPod [https://twitter.com/ReadnRepeatPod] ---- Recommendation of the Week: Dakshana Foundation [https://www.dakshana.org/] ---- The Web of Ideas: What I Learned About Investing From Darwin (my notes on the book) [https://adventurous-tray-11f.notion.site/What-I-Learned-About-Investing-From-Darwin-619d5f92434045e5bbe42cd959e1a4d0?pvs=4] ---- Show Notes: 3:04 - Avoid Big Risks: would you bet your life on your next investment? 12:22 - Buy high quality at a fair price 20:37 - What rats and antifragile businesses have in common 28:13 - Using the past to assess the future 38:31 - Don't be lazy... be very lazy 45:48 - What we mistake when we talk about compounding

EP74 Only the Paranoid Survive

In this episode we cover Andy Grove's famous book, Only the Paranoid Survive. Andy Grove was a co-founder and former CEO of Intel, leading the company through some of its best years as it established a stronghold over the growing PC market. In this book, he talks about the many challenges they faced before getting to that point. Andy Grove views technological change through the lens of strategic inflection points, sharing how you can either be disrupted into oblivion because of one, or cause one onto others. He describes the struggles Intel faced as its success in the memory business was eroded, and how they had to let go of their old identity to build a lasting business. Fortunately, Intel had been quietly working on another chip, the microprocessor, at the same time, so now they could focus all their energy on this product and lead the PC revolution. We discuss many of his insights around disruption, and how it has impacted countless industries since, such as discount retailing, cable TV, film photography, and newspapers. Enjoy! ---- Only the Paranoid Survive: How to Exploit the Crisis Points that Challenge Every Company [https://www.amazon.com/Only-Paranoid-Survive-Exploit-Challenge/dp/0385483821] - Andrew Grove ---- Please share with a friend or rate 5 stars if you enjoyed this episode! | Find us at ReadnRepeat.com [https://www.readnrepeat.com/] and on Twitter @ReadnRepeatPod [https://twitter.com/ReadnRepeatPod] ---- Recommendation of the Week: Apollonia's Pizzeria [http://www.apolloniaspizzeria.com/] in LA ---- The Web of Ideas: Only the Paranoid Survive (my notes on the book) [https://adventurous-tray-11f.notion.site/Only-the-Paranoid-Survive-10d6cd18c89545038064750fb79b0976?pvs=4] ---- Show Notes: 3:01 - Intel abandons their identity of memory chips for something better 12:34 - Change is the only constant in technology 15:03 - The PC inflection point 21:46 - A few examples of Innovator's Dilemma disruption 29:27 - Only the paranoid survive 34:31 - Predicting the impact of the Internet in the late 90s

EP73 The Tao of Charlie Munger

An episode dedicated to the investing legend, Charlie Munger. Enjoy! ---- The Tao of Charlie Munger [https://www.amazon.com/Tao-Charlie-Munger-Compilation-Commentary/dp/150115334X] - David Clark ---- Please share with a friend or rate 5 stars if you enjoyed this episode! | Find us at ReadnRepeat.com [https://www.readnrepeat.com/] and on Twitter @ReadnRepeatPod [https://twitter.com/ReadnRepeatPod] ---- Recommendation of the Week: Trader Joe's Peanut Thai Salad [https://www.traderjoes.com/home/products/pdp/peanut-and-crispy-noodle-salad-kit-066094] is back!!! ---- The Web of Ideas: The Tao of Charlie Munger (my notes on the book) [https://adventurous-tray-11f.notion.site/The-Tao-of-Charlie-Munger-9f4bfc72f674460d8dbd10ffc7147e6a?pvs=4] ---- Show Notes: 2:09 - What qualities make up a wonderful business? 11:04 - Berkshire under Charlie's blueprint 20:20 - The value of long-term permanent capital 25:50 - Staying in your circle of competence 32:50 - A few of Munger's biggest warnings 39:50 - Timeless life advice