“The undefeated heavyweight champion of the world is do nothing… continue to allocate resources towards the things that are getting us the highest return.”
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Said on The Game with Alex Hormozi
Warren Buffett · What's Your Problem? · How Warren Buffet Built His Legacy By Finding Value No One Else Could See from Business History
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move streams of money between his various businesses to allocate capital to the highest-return opportunities
“The undefeated heavyweight champion of the world is do nothing… continue to allocate resources towards the things that are getting us the highest return.”
“The difference in our model is I can't build a portfolio of like 12 or 14 companies because I've got to focus on one or two at a time. So that means the allocation of capital decision is as important as the allocation of time.”
“We pool our money for each new opportunity and write a single check that'll move the needle as much as any major institution.”
“We move the residents around every three months and we teach them how to run various departments”
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