Korva rescues the ideas worth keeping from podcasts. Each one becomes a Card.

My First Million

128 Cards across 7 Sources·Added to Korva by @bentorren, @danielrenwick, @mayaellery and others

Rory Sutherland: completely legal marketing hacks that always work21 Cards

Removing The Economist’s paper-only decoy weakened paper-plus-digital subscriptions. Keeping it increased them roughly 200–300%.

@mayaellery added

A swimming pool can make wearing a bathing suit outdoors feel socially acceptable, even when nobody swims.

@mayaellery added

I put 80% of my money in the S&P after a billionaire investor told me not to20 Cards

Your stock-trading habits can echo your personal life: excessive turnover may appear alongside unstable relationships.

@bentorren added

Giving an AI agent an outcome to achieve at all costs can produce harmful overreach, like the paperclip maximizer thought experiment.

@bentorren added

Ray Dalio: The one thing I do differently before investing a single dollar20 Cards

Fifteen good, uncorrelated return streams cut about 80% of portfolio risk without reducing returns, multiplying the return-to-risk ratio roughly fivefold.

@danielrenwick added

A 50% loss requires a subsequent 100% gain merely to break even.

@danielrenwick added

This guy made billions from just 3 stocks (Here's how)18 Cards

A grading authority can be both Moody’s and Fort Knox, evaluating assets and storing them securely.

@danielrenwick added

Costco gives customers most of its operating surplus, then monetizes their trust and loyalty through highly profitable memberships.

@danielrenwick added

The oldest trick in the book to make your first million18 Cards

Frederick Tudor created demand for ice by giving bartenders free ice until customers wanted chilled drinks.

@bentorren added

James Watt’s more efficient steam engine increased coal consumption because cheaper capability drove widespread adoption.

@bentorren added

There’s 98 days until 2027...Do this and you’ll thank yourself on Jan 1st16 Cards

Shaan Puri on My First Million

Jelly-bean estimates went from five off on average to roughly 50% off after people heard one another’s guesses.

Shaan Puri on My First Million

Warren Buffett keeps a literal “too-hard pile” on his desk for opportunities he refuses to force an opinion on.

If I was 21 again, this is what I’d do different - Howard Marks15 Cards

There is no pattern recognition for the end of the world.

@danielrenwick added

For unprecedented events, decisions combine limited data, analogies, and supposition. At the extreme, only supposition remains.

@danielrenwick added

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