Joe Stampone

Some people said it could never happen. My argument was always not that an LLM couldn’t create something of equal merit, but that the fact that a novel was written by Jane Austen is a big part of what gives it its value. It’s not just about the end result; it’s about where the end result comes from.

And private capital will continue accelerating into private markets, including real assets. It will take time but those that can “educate” the market and build a brand will be the winners.

We’re living through a transition from asset-light real estate to operational-heavy real estate. ‘Operational Alpha’ is the strategy. Profitability and durability

“Often it's the person who goes the extra mile who comes to the right conclusion. That's grit, it's perseverance, it's determination. It's making the effort. One of the things we emphasize is what do you need to do, what extra steps do you need to take to get to the right conclusion faster than those you compete with. And if you do hustle, you will

The best opportunities go to people whose reputation got them picked before anyone else knew the opportunity even existed.

in real life things fluctuate between pretty good and not so hot, but in investors’ minds they go from flawless to hopeless.

In good times, ambiguous developments are interpreted positively, and negative ones are easily brushed aside. And when times have been good for a while, the possibility of loss recedes from consciousness. Rather, missing out

“It matters where you get your dopamine. Get your dopamine from clarifying your ideas more than from their visibility.”

In the end, when labor compresses, more of the job is judgment from the top of the pyramid.

What do we actually want people for? In the past, we wanted them for labor, efficiency, and technical skills. Now, we want them for that, but we also want them for more interpersonal things.

What interests me most is what stays the same – because people are

"Earning more money increases freedom.

Spending less than you earn reduces stress."

Small advantages compound over time like interest in a bank account, so being 10% more committed doesn't give you 10% better results; it gives you 10x better results. Think of it like studying: the genuinely curious person will remember and connect ideas in ways that the person just trying to pass will never.

Being all in doesn't just beat partially