Richard Koch on Mastering the 80/20 Principle, Achieving Unreasonable Success, and the Art of Gambling (#466) | Ferriss Show notes
[10:10] Why I’ve made the rare exception for Richard with my “I don’t give quotes for books” policy.
[11:02] What secrets were revealed to Richard in Oxford’s Bodleian Libraries?
[16:35] What’s Richard’s own peculiar talent, and how did he discover it?
[29:02] How did Richard decide on a bet size of $1.5 million in a certain investment?
[33:42] In his book The Star Principle, what does it mean when a business can “segment itself?”
[36:42] What are the principles that govern the constitution of Richard’s own portfolio?
[51:46] What is the growth share matrix (aka the Boston box)?
[55:44] What did Bain and Company appreciate about Richard that was not appreciated at BCG?
[1:38:05] The two types of journaling I enjoy compared to Richard’s journaling style.
[1:43:12] Who has more fun in life: adventurers or controllers?
[1:56:50] Landmark one: self-belief (and what you might do if you lack it).
[1:59:45] Landmark two: Olympian expectations.
[2:14:15] Landmark five: make your own trail.
[2:19:13] Landmark six: find and drive your personal vehicle.
[2:22:14] Landmark seven: thrive on setbacks.
[2:24:50] Landmark eight: acquire unique intuition.
[2:25:13] Landmark nine: distort reality.
[2:25:56] How do these landmarks often reinforce one another?
[2:36:09] The annual question Richard asks himself in lieu of committing to new year’s resolutions.
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