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Chamath

What I Learned From Being Around The Top 0.01%

11m · Transcribed via assemblyai · Watch on YouTube

Short Chamath monologue on the common traits of the top 0.01% he's spent time around. **Three traits:** (1) work ethic + stamina that 'isn't God-given' — Kevin Hart playing poker until 4am then gym at 6am, Elon disappearing into Tesla/SpaceX in a sleeping bag for weeks; (2) repetition + focus over thousands of hours — Draymond Green; (3) **honesty as the foundation of taste** — Bill Ackman / Dan Loeb publicly transparent about losses. 'If you don't have taste you'll never be successful, and taste requires honesty.' Self-disclosure: Stephen Levy characterised him as a 'bully' for eviscerating people's emotional bullshit; Chamath frames it as zealotry for honesty. Best advice he ever received: from Eric Brandon at AOL — 'be the most successful 22-year-old possible' (don't compare yourself to 35-year-olds in a different game). Calls out Harvard/Stanford pipeline graduates as often having 'zero resilience and no sense they accomplished anything themselves.'

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Notable quotes

If you cannot be completely honest, you cannot fix anything, and you will never make anything good.

Chamath Palihapitiya · 6:20

If that is done without honesty, you don't have taste. If you don't have taste, you'll never be successful.

Chamath Palihapitiya · 5:50

The mid-level successful people focus on money, but the truly successful people just crush because they never get distracted by that nonsense.

Chamath Palihapitiya · 9:00

The really successful people focus on an infinite game with themselves. They do not play anybody else's game by somebody else's rules. That is the stupidest way to waste your life.

Chamath Palihapitiya · 11:00

Be the most successful 22-year-old possible. Don't compare yourself to the 30 and 35 year olds — they're living in a different world with a different context.

Eric Brandon (quoted by Chamath) · 8:00

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