leadership strategy Notes from Founders Podcast: Napoleon’s Maxims and Strategy https://www.youtube.com/watch?v=ZaPyk33pRM0

  • Speed; F=ma.
  • Moods effect our performance
  • A great leader will resort to audacity. Always more audacity
  • Paul Johnson: Alexander The Great moved swiftly. He invented the blitzkrieg.
  • Edwin Lan -
  • Charlie Munger — don’t be too timid in life — have a little courage.
  • Two notes on his desk
    • Do one thing relentlessly
    • What assets do I have that I’m not using
  • The purpose of strategic goals is to create the most beneficial state for your own self.
  • History is full of examples of companies whose moats were filled
  • Paradox of entrepreneurship is that you can’t teach it — it’s essentially novel.
  • Prevent the beaten enemy from rallying.
  • Looking for intelligent fanatics. Scale and fanaticism combined can be very powerful.
  • Troops won’t follow officers they deem incompetent.
  • The troops will not follow with confidence or enthusiasm those officers who they believe to be incompetent.
  • Single threaded leadership: When authority is divided. opinion and actions differ and confusion and delay arises. A single chief pursues with vigor and does not delay by the necessity to confer.
  • Sam’s Murray: if you know your business from A to Z, there is no problem you cannot solve.
  • Napoleon: Extraordinary situations call for extraordinary resolutions.
  • Possess obstinate will.
  • Keep your forces united.
  • Sam Hickey: People are power law and the best ones change everything
  • Graham Duncan: Talent is the best asset class
  • Intelligence & Talent balanced by Courage & Character - must be in harmony
  • Hesitation and half measures lose all in war.
  • Focus: Skill consists on bringing a concerntraion of fire on a single point
  • Peter Thiel: Don’t divide your focus
  • In war there is only one favorable moment, genius seizes it.

A study in simplicity and uncommon common sense Episode 286

I want to know where I die so I never go there. Peter Belvin

Tao of Charlie Munger