Shane Parrish · Business

The Knowledge Project

Uncovering the timeless principles that drive success. Hosted by Shane Parrish (entrepreneur, investor, speaker, and author), the goal of each episode is simply to master the best of what other people have already figured out. Learn More: Timeless insights into business and life in 5 minutes a week: https://fs.blog/newsletter Shane's Books: https://fs.blog/books

Episodes

Bill Ackman, investor and CEO of Pershing Square Capital Management, discusses his investment philosophy, personal resilience, and economic outlook. Ackman emphasizes the importance of dealing with failure, drawing from his experiences of rebuilding after setbacks. He values independence, persistence, and philanthropy,...

#81 Jason Calacanis: Intelligent Risk

14 Apr 2020

1h 4m

AI processed

Angel investing functions as a high-stakes game where success depends on managing extreme probability distributions rather than traditional market analysis. Investors must cultivate psychological resilience to endure frequent failures while positioning themselves for rare, massive outlier returns. Founder quality—speci...