Matthew Giampetroni

Most people are rather confident of their ability to recognize bullshit and to avoid being taken in by it

Speculative investment, with ambitious but inexact expectations of financial return, is important fuel for founders who build the unknown future. However, investors and operators are often deeply misaligned: investors think in bets, while operators think in consequences. The relationship is tense, but can be explosively productive.

What are you compulsive about? Is it possible to put that at the center of the platform’s activity?

In an ideal world, corporate executives would allocate capital to maximize long-term value per share. But, for reasons that are mostly understandable, there’s a lot of evidence that they fall short of this objective

Every bubble begins with something real, which inspires entirely too much fakery

Beyond deliberately architecting the people who surround you, the best way to control your mindset is to “own” the way you speak to yourself, what sports psychologists call your “self-talk”