two types of wealthy people: 1. have a few brilliant insig… - Auren Hoffman

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two types of wealthy people:

1. have a few brilliant insights and also do a lot of stupid things
2. avoid doing stupid things and have average insights

it is really easy to do the later, very hard to do the former

Auren Hoffman

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Alternative Names: Auren Raphael Hoffman

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Peter Thiel Paul Graham Warren Buffett Ben Horowitz Guillermo Rauch

Additional quotes by Auren Hoffman

HR isn’t about compliance.
It’s about great capital allocation

the two most important factors that make data valuable:
1. temporal (as real time as your industry is)
2. has a dollar sign next to it (pricing data)
the best place to be as a data business is to be the *benchmark* for your industry – when the customer’s product can’t exist without you

having $1M does not make you a one-percenter – it’s over $10M

related: the top 1% of income earners (doctors, lawyers etc) and the top 1% for *overall wealth* are two totally different groups of people

two types of wealthy people: 1. have a few brilliant insights and also do a lot of stupid things 2. avoid doing stupid things and have average insig… - Auren Hoffman

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