Larry Page and Sergey Brin: The Brains Behind Google’s Success
Larry Page and Sergey Brin: The Brains Behind Google’s Success
Larry Page and Sergey Brin changed how we search online. They started at Stanford University with a dream to sort the internet’s data. Now, Google is a global giant, changing tech and daily life for millions.
Larry Page and Sergey Brin Key Takeaways
- Google’s search algorithm, PageRank, became central to its early success.
- Their innovation continues to influence modern tech and digital culture.
Larry Page and Sergey Brin – The Humble Beginnings of Google
In 1995, they started a partnership based on innovation in technology. They wanted to make the web’s messy information easy to find.
They spent late nights working and testing. This work was the start of something big.
Larry Page and Sergey Brin – Early Collaborations
Page was great at analysis, and Brin was skilled in coding. Their first project was BackRub. It used links to rank websites, unlike other search tools.
This new way of ranking was key. It was the start of PageRank, a major innovation.
Year | Development |
1995 | Met at Stanford |
1996 | Launched BackRub project |
1998 | Registered domain name ‘google.com’ |
Initial Challenges and Breakthroughs
They had to use campus servers and a friend’s garage because of hardware issues. In 1998, Andy Bechtolsheim, a Sun Microsystems co-founder, gave them $100,000. He did this without seeing their business plan.
By the end of 1998, Google was handling 10,000 searches a day. This showed there was a need for their innovation in technology. It was a big moment for Google, showing they were focused on relevance.
- Bootstrapped with donated computers
- Secured early funding from investors
- Developed the PageRank algorithm
Larry Page and Sergey Brin: Visionaries at Work, The Early Days
Larry Page and Sergey Brin showed their tech entrepreneurship spirit in Stanford’s labs. They turned ideas into real solutions. Their work focused on making search engines better, combining smart thinking with a drive to succeed.
Their workspace was like a startup before the term was popular. They worked late, using whiteboards to discuss ideas. This culture encouraged trying new things, leading to big changes in web search.
Important ideas guided their tech entrepreneurship path included:
- User-centric design, focusing on search quality
- Data-driven decisions to improve results
- Long-term goals over quick gains
They also balanced school with business ideas. In 1998, they wrote a plan to “organise the world’s information.” Their commitment to values showed that tech could be both innovative and responsible. These early decisions helped solve big problems and set new standards for tech ventures.
The Rise of Google Larry Page and Sergey Brin
Google started as a project at Stanford University. Larry Page and Sergey Brin had bold ideas. They focused on making search technology better. They put users first and added creativity to their products.
Larry Page and Sergey Brin Innovative Philosophy
Page and Brin didn’t follow old search methods. They created PageRank, a new way to rank websites. They believed in putting users first, which led to Gmail and Maps.
“We’re trying to build the ultimate information engine,” Brin once stated, capturing their vision to democratise knowledge.
Defining Moments in Growth
- 2004 IPO: Going public with a $27 billion valuation validated their business model.
- AdSense Launch: Monetised search without compromising user experience, a first for search engine pioneers.
- Android Acquisition: Expanded into mobile, proving their ambition stretched beyond search.
Google became famous because of Page and Brin’s innovation. Each step showed their dedication to changing technology. They left a lasting mark on the digital world.
Pioneering Technology and Innovation
Google started as a Stanford research project and grew into a global tech leader. It has always pushed for new ideas. This has changed how we find and use information worldwide. Google’s work has made a big impact on technology globally over the last 20 years.
Breakthrough Projects
Some key innovations include:
- PageRank: Changed search by focusing on the most trusted websites, helping users find what they need.
- Google Maps: Combined satellite images with real-time data, making navigation and finding places easier.
- RankBrain: Used AI to make searches more accurate, adapting to what users were looking for.
Impact on Search Algorithms
Before Google, search engines were not very good. They were often biased and not accurate. Google changed this with its algorithms. Here’s how:
Before Google | After Google |
Keyword stuffing dominated rankings | Quality content prioritised via algorithm updates |
Slow loading times | Speed and user experience became core ranking factors |
Limited cross-device compatibility | Mobility-first design for seamless access |
These changes did more than just make search better. They set new standards for the industry. By 2020, over 90% of people online used Google every day. This shows how big Google’s impact is. Updates like BERT in 2019 also showed Google’s commitment to innovation.
Building a Global Tech Empire
Google started as a project at Stanford University and grew into a global tech giant. By 2004, the founders focused on growing their infrastructure, buying startups, and building data centres. This plan was not just about getting bigger. It was about becoming the top player in the online world.
- Acquisitions: Buying YouTube (2006) and Android (2005) expanded Google’s reach into media and mobile markets.
- Data Centres: Billions poured into server farms ensured lightning-fast responses, critical for global users.
- AI Pioneering: DeepMind and TensorFlow became cornerstones, pushing machine learning into everyday tools.
“Focus on the user is number one,” Brin and Page always said. They made sure every product followed this rule. Gmail’s big storage and Google Maps’ live traffic updates made life easier online. Their rule—don’t be evil—guided them as they grew fast.
This constant focus on users helped start the digital revolution. Today, Google is a key part of billions of lives. Its tools help in healthcare and education, showing that innovation and caring for users can create lasting legacies. The empire they built changed what the internet could do.
Larry Page and Sergey Brin – Cultural Impact and Internet Revolution
Google’s journey is a prime example of Silicon Valley success. It has changed how we interact with knowledge and technology. Its innovations have become a part of our daily lives all over the world.
Changing the Landscape of Information
Before Google, finding information was hard. We relied on libraries and encyclopedias. Now, answers come in seconds. This change has impacted education, business, and research.
Pre-Google Era | Post-Google Era |
Physical libraries | Instant online searches |
Slow research | AI-driven insights |
Embracing Digital Culture
Google’s tools like Gmail, Maps, and Ads have become cultural icons. Features like autocomplete and voice search have made tech use seamless. This shows Silicon Valley’s focus on merging innovation with daily life.
- 2.8 billion daily searches (2023)
- Over 100 products, from Docs to Nest devices
As digital culture grows, Google’s impact remains strong. Its legacy is not just in code. It’s in how we think, work, and connect globally. A true example of Silicon Valley success changing human possibilities.
Leadership and Strategic Vision
This led to a culture where trying new things was encouraged.
They empowered teams to question the status quo. This made Google a place where daring ideas flourished.
- Risk-taking: They invested in projects like self-driving cars and green energy. This showed they believed in new, uncertain technologies.
- Employee autonomy: The “20% time” policy let staff work on side projects. This led to big successes like Gmail and Google Maps.
- User-first ethos
- : They always put the user first. This meant their products, like Search and Android, were easy to use and useful.
“We’re not trying to make money in the short term. We’re trying to build something of lasting value.”
Page and Brin’s visionary leadership also guided Google’s buying of companies like YouTube and Nest. This created new digital possibilities. They mixed technical skill with a desire to help society, changing what a tech company could do.
This legacy keeps inspiring companies to innovate while being responsible.
Legacy and Influence on Modern Technology
Google’s tech legacy goes beyond its search engine. It has changed how we get information and use technology. Their work on self-driving cars and AI tools shows their focus on users. Now, their ideas inspire new tech.
“Focus on the user and all else will follow.” — Larry Page and Sergey Brin
Long-term Vision and Challenges
The founders aimed for big changes and global tech systems. They faced issues like privacy and AI market competition. Google’s open-source and data-driven ways have helped many startups and big companies.
The Future of Digital Innovation
- AI & Machine Learning: Advancing healthcare diagnostics and smart assistants.
- Quantum Computing
- Sustainability
As AI and cloud computing rivals grow, Google must evolve. Yet, it must stay true to its mission.
Conclusion
Their drive for innovation turned a small project into a key part of our lives. Every search and update shows their aim to link people with knowledge easily.
Their work in search technology has shaped today’s modern search algorithms. These algorithms now focus on what users need and change with new data. This shows how their ideas influence everything from voice searches to AI.
Google’s growth shows the power of teamwork and curiosity. As new tech comes along, its impact stays strong through tools that connect us all. Their story teaches us that big ideas often start with solving a simple problem in a new way.
Jack Ma Alibaba story
Jack Ma success
As humans, we are deeply social and need a spark of fantasy to work with to get us motivated and thinking. In our everyday lives, we interact with several people, and Jack Ma is one of them, but we derive motivation from only a select few. What differentiates these few that capture our interest is the rich tapestry of stories that they have to share. As young kids, we take comfort in stories, like the classic heroic figure who rides in to save his people, and we grow up cherishing these narratives. Research shows that such stories, classified as inspirational, have powerful effects on our brains, fostering a greater sense of empathy, an increase in generosity, and an overall more positive perception of life.
Today’s focal point is the story of a man who, quite literally, altered the entire economy and internet industry of China. The life of this man bears a striking resemblance to the tale of Robert the Bruce and the Spider, which we first encountered in kindergarten. That man is Jack Ma.
Who is Jack Ma?
Jack Ma is the face of China’s E-commerce jumpstart as the founder of Alibaba. He is an associate at Alipay, the sister company which is an e-payment portal. Currently, he holds the title of the richest man in China with an already mind-boggling net worth of $25 billion and the headline-grabbing record of a $150 billion IPO filing for his company. Although Jack Ma only holds a 7.8 per cent stake in Alibaba and 50 per cent in Alipay, it’s interesting to mention Ma is not well known outside China, but one should know Alibaba is valued greater than Facebook and moves more merchandise than eBay and Amazon combined.
You might think now it’s becoming the story of a rich, arrogant person who hasn’t seen the dark side. But don’t let the numbers deceive you, as they are misleading anyone who wants to be misled. ma has had a tougher childhood than most people out there. “A true rags-to-riches story jackpot visit will make you believe in hope even on your toughest days.”
Early Life
Ma Yun, or Jack Ma as most know him, is a self-made billionaire with a fairly humble life history. Jack’s early life began in Hangzhou, in southeastern China. He was born alongside an older brother and a younger sister amid communist China and its West-ostracizing wounds. The family had traditional Musicians-Storytellers as parents who, during these times, could not even be deemed middle class.
When former US president Richard Nixon visited Hangzhou in 1972, it significantly improved tourism in Jack’s hometown. Jack wished to exploit learning opportunities and pursued English very seriously. Additionally, he used to ride his bicycle to a nearby park where he gave free English tours to foreigners and, to his luck, met a foreign girl who nicknamed him ‘Jack’, making things much easier for him.
After completing his bachelor’s degree in English, Jack started working as an English teacher at Hangzhou Dianzi University—earning a whopping $12 a month! Now, this is where things start to pick up. This fascinating story begins before he got the degree and way before he started teaching English.
Rejected, but Not a Failure
During this period, Jack Ma unexpectedly became a billionaire overnight. It’s also safe to note that Ma is very familiar with the term rejection. You would be stunned at the amount of failure and rejection this man went through.
In his early years, Jack Ma experienced failure in his primary school and did not succeed in his first two attempts. Later on, Jack had the same experience during his middle school exams, where he failed three times. Post completing high school, Jack struggled with entrance exams for universities and failed three times before being accepted to Hangzhou Normal University. Jack attempted to gain admission to Harvard University ten times, all of which resulted in rejection. And this was only in his education years.
During and after his degree, Jack struggled to secure a job and attempted multiple positions without success. After trying to get into a university for three years, graduating, and applying to 30 different companies, Jack was still unable to find employment. He recalls the moment he realised he was underestimated in his job prospects: “When KFC came to China, 24 people went for the job. Only 23 individuals received acceptance. I was the only individual not accepted. Jack also applied to the police force, the only candidate out of 5 to be rejected with the words “No, you’re no good” voiced to him.
In his aspirations to become an entrepreneur, Jack had set sights on being extremely ambitious, though he did not succeed in two of his initial attempts. This undeterred him from persisting and following his dreams.
Down, but Not Out!
The Resurrection of Jack Ma
“What did you learn from your rejections?” “Well, I think we have to get used to it. We’re not that good.” That’s how he responded. Jack Ma embraced overcoming the pain of rejection in business as an opportunity to learn and grow.
After Ma accepted all of his rejections and failures, he was given an assignment in 1995 to work on a government project in the United States that focused on highway construction. That’s when Jack Ma got to see the Internet and computers for the first time. Considering the cost, computers were quite rare in China at the time, and there was no Internet or e-mail. The first word he typed on the mosaic browser was ‘Beer’, and it displayed results from various countries, but none from China. He typed in ‘China’, and not a single result popped out! This was the moment he knew it was time for the people of China to step into the digital world.
Jack Ma start-up
Eventually, he successfully convinced 17 of his other friends to invest in his new e-commerce venture, and thus, Alibaba was born from his apartment. Initially, Alibaba did not have a single penny in external investment, but in 1999, it went on to raise $20 million from SoftBank and another $5 million from Goldman Sachs. Ma and Alibaba’s greatest challenge was to win the trust of the Chinese citizens that an online system of payment and package transfers is viable, a challenge Jack will forever cherish.
Never having sold anything or even having written a single line of code. Jack Ma started his first successful company at 31. And now, he runs one of the largest e-commerce networks globally. The company has experienced significant growth and international expansion. Rapidly expanding beyond its initial boundaries. Now, only second to Walmart in sales per year. Jack Ma’s vision for Alibaba is now becoming the giant he envisioned it to be.
Jack Ma Interview with Us
What does all this culminate in? This one is a cheery figure with the disposition of a kid. As someone who enlightens him, he is the actual ‘Forrest Gump’. A gentleman who, regardless of the numerous hurdles thrown in his path, always moves forward with a smile.
You can cultivate inner strength and demonstrate extreme diligence in your pursuit of success. Indeed, failures and rejections serve as stepping stones for progress, and obstacles facilitate your advancement in life. All of this is what Jack Ma has shared with humanity, leveraging the myriad opportunities offered to him.
Ratan Tata net worth in billion without charity
Discover Ratan Tata Billion-Dollar Net Worth, Beyond Charity
Ratan Tata net worth shows his life’s work in leading the Tata Group. He has been a key player in India’s industry, touching sectors from steel to tech. This piece looks into how his wealth grew through smart decisions and business expansion.
See how his wealth goes beyond giving to charity, focusing on his business ventures and new ideas. It’s about the economic foundations that made Tata Group a lasting success in India.
Key Takeaways
- Ratan Tata’s net worth is rooted in decades of industrial expansion and global partnerships.
- His billionaire legacy combines innovation in sectors like automotive and energy.
- The article examines wealth generation separate from charitable activities.
- Key financial milestones reveal a focus on sustainable business models.
- Readers gain insights into the wealth management practices of top Indian entrepreneurs
Ratan Tata – Industrialist and Philanthropist
Ratan Tata is a true leader in the business world. As an Ratan Tata industrialist, he has grown the Tata Group globally. He has changed many industries, from cars to tech, by bringing new ideas.
His work in giving back is just as impressive. He focuses on education, health, and helping after disasters. His efforts have helped millions in India, both in cities and rural areas.
Industrial Contributions | Philanthropic initiatives |
Automobiles (Tata Motors) | Educational institutions support |
IT & Telecom (TCS) | Healthcare infrastructure |
Steel production | Rural development programs |
He has made a big impact through his business and charity work. His work shows that success and helping others can go hand in hand. He is a true example of ethical leadership in India.
Understanding the Billion-Dollar Legacy
Ratan Tata’s journey shows how big decisions can create a lasting legacy. This part looks at historical milestones and their impact on India’s economic growth timeline.
Historical Milestonesof Growth
Important events have shaped Tata’s influence :
- 1868 : JN Tata founded the Tata Group, starting India’s first industrial enterprise.
- 1991: Ratan Tata took leadership, expanding into engineering and services.
- 2008 : acquisition of UK’s Corus Steel, marking first major global takeover.
- 2009 : Launch of Tata Nano, aiming to make cars accessible.
Economic Impact Over Time
A timeline shows how these milestones drove progress:
Year | Economic Impact |
1991–2000 | Post-liberalisation expansion into 100+ countries |
2008–2010 | Corus acquisition doubled Tata Steel’s global market share |
2010–2020 | Investments in renewable energy and tech spurred job creation |
These steps show how Tata’s strategic moves matched India’s economic changes. They highlight Tata’s role in driving national development.
Inside the Empire of the Tata Group
The Tata Group has become a major force in India. It has grown through diversified business strategies. It covers everything from making things to tech, aiming to lead worldwide while helping locally.
Diversified Business Ventures
The group has moved into new areas. It now works in:
- Automobiles: pioneering brands like Tata Motors and Jaguar Land Rover
- IT Services: Global leaders like Tata Consultancy Services (TCS)
- Energy : Renewable projects and power generation
- Retail : BigBasket and other consumer-focused platforms
Innovation Across Industries
Ratan Tata once said, “Innovation demands curiosity and courage.”
They’ve made big strides in AI and 5G. They’re also big on electric cars and clean energy. Their fintech efforts have made digital payments easy for millions in India. These steps keep them ahead in a quickly changing world.
Net worth in billions without charity
To understand Ratan Tata’s net worth in billions without charity, we need to look at his financial portfolio closely. This part explains how his wealth is made up, excluding donations. It focuses on his main assets and smart investments.
Asset Distribution and Investments
Ratan Tata’s wealth comes from a variety of investments. The main areas are:
- Automobiles (Tata Motors and Jaguar Land Rover)
- Steel (Tata Steel)
- Technology (TCS and Tata Consultancy Services)
- Energy and materials
Examining the Financial Portfolio
His financial portfolio aims for long-term growth. It focuses on:
Sector | Percentage |
Manufacturing | 45% |
Information Technology | 25% |
Services | 20% |
Real Estate | 10% |
This mix helps reduce risk and take advantage of market trends. Smart buys and partnerships also add to his wealth.
Fortune Growth: Wealth Beyond Charity
Ratan Tata’s financial success goes beyond just giving to charity. He focuses on private investments that grow his wealth over time. This way, his wealth and charity work stay separate.
Private Investments and Earnings
His investments in IT and infrastructure are key. Tata Consultancy Services (TCS) and the Mumbai-Pune Expressway are examples.
- Automobile ventures such as Tata Motors
- Steel and chemicals divisions are maintaining global supply chains
Separating Charity from Business Wealth
Ratan Tata manages his wealth carefully, keeping business and charity apart. His business decisions aim for profit, while charity is handled by the Tata Trusts. This approach protects his business growth and keeps his wealth strong.
Key Investments that Shaped the Wealth
Ratan Tata’s key strategic investments have been the foundation of his wealth. He chose sectors like automotive and IT, knowing they would grow.
These choices allowed him to benefit from India’s tech and consumer growth.
- Infrastructure Plays: Tata Power and Tata Elxsi investments met urbanisation needs, securing long-term gains.
Tata also made innovative choices, like in renewable energy and global partnerships. His focus on automotive and technology showed his vision. These investments not only increased his wealth but also shaped India’s industry.
His forward-thinking, like investing in nanocars and green tech startups, continues to influence his legacy.
The Role of Global Markets in Wealth Expansion
Ratan Tata’s financial strategy has always looked to the world beyond India. By exploring markets in Europe and North America, the Tata Group found new ways to make money. These international ventures brought in more income and helped reduce risks tied to one region.
International Ventures and Trade
- Tata Motors’ big move in 2008 was buying Jaguar Land Rover (JLR).
- Steel and telecom trade deals helped reach more customers, using India’s low costs.
- Team-ups with Tetley and Titan boosted the brand’s global image.
Economic Policies and Market Trends
Keeping up with changes like Brexit and US trade rules was a challenge. Tata’s teams watched currency changes and tax updates closely to safeguard their investments. For example:
- Investments in green energy matched global trends towards sustainability.
- Deals with ASEAN countries tapped into growing markets.
The 2008 crisis was a test, but it also opened up new chances. Tata’s commitment to long-term growth helped it stay strong. This mix of planning and quick thinking has shaped the group’s global reach.
Navigating the Economic Climate in India
Understanding the Indian economic climate is key to grasping Ratan Tata’s strategic decisions. Fluctuations in sectors like manufacturing and tech shape how businesses adapt. Local market trends, such as rising consumer demand and digital adoption, drive innovation.
Economic Indicator | 2023 Data |
GDP Growth Rate | 6.8% |
Manufacturing Output | 7.2% increase |
FDI Inflows | $85 billion |
Local market trends highlight opportunities in renewable energy and infrastructure. Tata Group’s focus on solar power aligns with policy shifts toward sustainability. Rising middle-class spending also boosts consumer goods demand, influencing retail investments.
“Adaptability to the Indian economic climate defines long-term success.”
- Increased e-commerce penetration impacts traditional retail models
- Government policies on Make in India drive manufacturing
- Urbanisation fuels demand for housing and transport solutions
Monitoring these factors helps businesses like Tata Industries balance risks and growth. The local market trends in 2023 show a resilient economy, opening pathways for expansion while requiring agile strategies.
Analysing Financial Strategies and Success
Ratan Tata has changed the Tata Group’s path with smart financial moves. He mixes careful planning with daring steps. This mix keeps the group growing.
“Innovation drives progress, and strategic moves define success.” — Ratan Tata
Risk Management and Innovation
The Tata Group’s success comes from smart financial plans. Key steps include:
- Investing in R&D for tech advancements
- Expanding into renewable energy sectors
- Maintaining diversified revenue streams
These steps help the group stay strong when markets change.
Strategic Acquisitions
Big buys like Tetley Tea and Corus Steel have grown the group’s global reach. They also made more money. Each deal helps the group’s long-term goals, creating new chances in different areas.
The £1.1 billion Corus Steel deal in 2007 made Tata Steel stronger in Europe.
These big moves show Tata’s aim to grow without spending too much.
Legacy and Impact on Indian Business Culture
Ratan Tata’s legacy in Indian business is profound. It has shaped corporate culture for years. His work has made innovation and social responsibility key values in the country’s economy.
His efforts in education and healthcare have set high standards for ethical business. This has made a lasting impact.
“True leadership is when you work for others.” — Ratan Tata
Influence on Future Generations
Young entrepreneurs now focus on long-term impact more than quick profits. Tata’s push for sustainability has inspired new policies. The Tata Sustainability Framework is now adopted by many new companies.
His vision showed that businesses can be profitable and do good at the same time. Today, Indian businesses are following his model of growth that includes everyone. His legacy lives on in boardrooms and communities across the country.
Shaping Brand Image
The Tata Group focuses on sustainable practices and CSR. Media talks about their $1.8 billion healthcare investments through the Tata Trusts. They also make sure their brand looks consistent everywhere, from ads to events.
- Focus on eco-friendly projects
- Stories of community support in local media
Public Relations and Communication
The Tata Group is good at talking to the media. During the pandemic, they gave updates on vaccine distribution. This showed they were accountable. They also talk to employees and customers on social media to build trust.
- Quarterly press briefings on sustainability goals
- Collaborations with journalists for balanced reporting
Conclusion
Ratan Tata’s journey shows a mix of smart planning and doing the right thing. He grew the Tata Group into big areas like cars, energy, and health. His moves, like buying Corus Steel and growing Tata Motors, were bold and paid off big time.
Tata’s wealth is more than just money; it stands for new ideas and caring for society. His work in green energy and education shows he values both making money and making a difference.
FAQ
How does Ratan Tata separate his business from charity?
Ratan Tata keeps his business and charity work separate. He makes money through investments but gives to charity through the Tata Trusts. This way, his business and charity work don’t mix.
What strategies has Ratan Tata employed for wealth growth?
Ratan Tata has grown his wealth in many ways. He has made smart buys, entered new markets, and used new technology. This has helped him stay ahead globally.
How has globalisation influenced Ratan Tata’s business strategies?
Globalisation has helped Ratan Tata reach more markets. He has made investments and partnerships abroad. This has made the Tata Group bigger worldwide.
Warren Buffett net worth vs Elon Musk
Warren Buffett: The Oracle of Omaha
Today I will explain Warren Buffett versus Elon Musk. There are differences in their investment perspectives. What this can teach us about investing in the world of innovation.
If you’re interested in learning how to make money in both bull and bear markets. If you want to see what I’m trading or investing in, be sure to hit that subscribe button. So, obviously, we’ve had the news that Elon Musk just surpassed Warren Buffett in terms of his net worth.
Now, some of this is because Buffett’s been giving away his money, obviously. But I thought it’d be interesting to kind of move beyond the headlines. Then, really think about how Elon Musk and Warren Buffett approach the world and investing versus Warren Buffett.
Warren Buffett is better than Elon Musk
So I would say that Musk is obviously an innovator, one of our great inventors. He’s into solving really hard problems and pushing the frontiers of human knowledge. Warren Buffett, I would argue, is the exact opposite; he likes that he developed this idea of the investment mode. Which he, I believe, got from Ben.
Graham Buffett talks about using investment modes as a way of protecting the company, ensuring that it can stifle competition and innovation, so where Musk is really moving us towards the future, Buffett has been all about preserving the status quo and sort of rent-seeking and milking an existing customer base.
Elon Musk, I love this tweet: Open your eyes; look up to the skies. One of his really, really great ones is trying to get people to Mars by 2025. He is really, really a visionary, and then on the other side, you have Buffett and the sort of role model he is always talking about, Cherry Coke, and if you look at his portfolio, it’s really shocking how much of it is addictive garbage junk food, everything from Kraft Heinz.
How did Musk make Warren Buffett rich?
So, Musk is clearly a major innovator. Now, obviously, I grew up eating all this stuff as a kid at KG. I like to eat it, but this is definitely stuff that holds humanity back. I mean, spreading Coca-Cola all over the world has made Buffett very rich.
But it’s also created a huge amount of diabetes, especially in emerging markets, and I think Buffett has this; he has this very nice public image, very grandfatherly, but when you really dig down and you see what he does and what he invests in, I think it’s—I think it’s disturbing actually. You can go back and read this; it’s a link to this.
This is a famous Charlie Munger talk where he talks about how to create a trillion-dollar company; he’s basically talking about Coca-Cola, but he talks about how you need to include sugar, caffeine, and salt and make it really addictive and have it spread all over the world.
Warren Buffett investments
You created it with no aftertaste, and so people will drink more of it. It’s brilliant. Munger’s a brilliant guy. Buffett’s a brilliant guy, but when you read this in the context of modern addiction and everything like that, it’s actually quite disturbing, so I’ll link to that.
It’s definitely worth reading, though; his Munger talks about the famous Lollapalooza effect in here on the other side of some of Buffett’s investments; he sold off some of these. He’s turned against Goldman Sachs. Buffett’s investing in the big US banks is really the opposite of innovation.
These are giant rent-seeking corporations that use their power and their government sanction to keep down rivals. This is a great meme. I don’t always go to the bank; when I do, I avoid Wells Fargo, which is sort of Buffett’s longest and most famous bank holding, perhaps.
Warren Buffett, opposite to Elon Musk
Wells Fargo has just a tremendous amount of power; here’s a recent story telling clients they need to have a million dollars in balances to do a jumbo mortgage refi. This is obviously a sign of the amount of competition that’s in this market.
Buffett has been a large holder of Moody’s, which is a bond rating agency, since before the financial crisis, and Moody’s was one of the real contributors to the great financial crisis.
Everything crashed. Buffett got in on a lot of sweetheart deals during the great financial crisis of 2008 and 2009, and he’s really famous for never having criticized Moody’s for what they did in terms of rating risky bonds.
Warren Buffett clean image
As it’s not risky, I’ll give you one simple example of a big established company: Coke, obviously an iconic Buffett holding, and their idea of innovation versus what real innovation looks like. Here’s a story from late last year: Coke is launching a new sparkling water brand called Eh-eh.
Obviously, their market share has been—Coke’s market share has been falling a lot over the last 20 years as people moved to sort of healthier beverages, but here’s Coke’s idea of innovation: sparkling water.
with caffeine, of course, to make it addictive when you compare it to all these. This real flourishing of innovative products that we have now, particularly in, I would say, probably particularly in the US, is a company called DRAM, DRAM Apothecary.
Warren Buffett – biggest stockholder
I’ve had their beverages, and they’re just amazing. Here is one that is adaptogenic: CBD sparkling water with silver ear mushroom, moringa leaf, and bilberry. Really cool stuff like this, as opposed to it, is much more difficult, especially when you have an investment.
I like this mode to really think outside the box. You’ve been so protected for so many years, and this is sort of the difference. If Eli were the head of a soda company, he would, I think, do something more like DRAM than Coke.
If you look at Buffett’s biggest stock holdings here, these are the largest. He obviously has private companies and private subsidiaries of Berkshire Hathaway, but if you just look at this, it boggles the mind if you were worth hundreds of millions or billions of dollars and you woke up in the 20th century holding things like Bank of America and Delta Airlines; he’s obviously since dumped the airlines.
Warren Buffett owns Apple and Amazon
JP Morgan, Moody’s, and US Bank Corp. are companies that have a real stranglehold, and perhaps it’s a warning for all of us that Buffett also owns Apple and Amazon.
If he didn’t, if he didn’t hope these, he would have fallen much, much further behind the SP500 than he has, but it may give you insight into Apple and Amazon’s monopoly powers. Buffett likes investing in companies that are anti-innovation and that swallow up and prevent new competitors from entering the landscape, so obviously, that includes Apple and Amazon, as we said.
likes investing in companies that are anti-innovation and that swallow up and prevent new competitors from entering the landscape, so obviously, own Apple and Amazon, as we said.
Involvement in money laundering?
I’ll link to the list of Wells Fargo scandals. The extremely long JPMorgan scandals are really long; here’s a story about how they owned a ship containing 20 tons of cocaine.
Companies implicated in money laundering for many years, laundering drug money, laundering terror terrorism money, and just not very nice companies in my opinion.
Finally, we’ll finish with Buffett on his views on money, gold, and Bitcoin, and here, he’s definitely a fan of the Fiat system. We’re very, very anti-gold. This is a famous article from Fortune from 2012 where he talks about how he likes stocks so much more than gold and bonds, and this would make sense from someone who owns so many of the big banks and is so invested in the Fiat system.
Illegal Purchase of Gold and Bitcoin?
But if you look at how Berkshire Hathaway, which is Buffett’s company, obviously is a conglomerate, his holding company, Buffett’s Berkshire Hathaway has, at this point, gold has been underperforming for most of the last 20 years; here’s the chart.
The red is gold, the actual precious metal of the commodity, and the blue line is Berkshire Hathaway. It’s quite ironic that he’s actually underperforming gold over this whole time period.
If you compare Berkshire Hathaway to Bitcoin, I probably should have used a logarithmic chart here, but you can see Bitcoin’s up something like 7,000 percent over this time horizon.
How did Buffett hurt people?
I believe I have only been going back as far as 2013 and obviously Berkshire. It’s kind of an unfair comparison because Bitcoin is very small or started off as a very small company—I mean, a very small new currency—and Berkshire Hathaway is obviously much bigger with slower growth rates.
But I just find it ironic that someone who attacks that gold and attacks Bitcoin would have just massively underperformed them and continue to underperform them. Munger is also not a fan of Bitcoin, saying that it’s disgusting that people buy Bitcoin.
Munger and Buffett are the kind of people who want you locked into the fiat system so they can continue to charge you crazy fees like Wells Fargo does, and what’s ironic is most of these bank fees obviously hurt working-class and middle-class people more than they hurt upper-class account holders.
Buffett is a dinosaur
So one of the great ironies is that I would suggest that history is probably going to judge Buffett a little bit more harshly than his contemporaries have. Here’s a great Buffett’s famous saying that I think of what Munger said: Well, the Bitcoin is rat poison, rat poison squared, and fear here.
I think Buffett really is a dinosaur. This is a great image of magic internet money, Bitcoin, as the meteor, the comet that destroyed the dinosaurs, and here we have all these legacy currencies like the Canadian dollar, the euro, the Australian dollar, and the US dollar. Then, Warren Buffett is here on the left as one of the dinosaurs.
If you found this video helpful and you really want a less superficial or fun version of it. I have a much longer video on why value investing is dead and why it has stopped working since 2009.
If you really want to dig into that and get a better idea of why this strategy has continued to underperform and should continue to underperform going forward, I’m much more, as you can tell, in the Musk camp of innovation growth stocks moving humanity forward.
10 interesting facts about Mark Zuckerberg
Mark Zuckerberg Childhood
At the age of 23, Mark Zuckerberg is such an amazing person that he can read, speak, understand, and explain almost eight languages, be it French, Hebrew, Latin, Greek, Mandarin, or English. Since childhood, such a genius, such a focused, strange child, he actually started appearing since childhood.
When children evolved in gaming, they evolved in programming. At the age of 7, his parents thought of teaching him coding; they brought a teacher to teach him coding. The teacher brought Mark Zuckerberg.
Seeing him, he used to say that this student is out of syllabus, even for me. The teacher who was Mark’s teacher started taking lessons from Mark. He was such a smart person that the teacher forgot all his coding and started learning coding from him.
Mark Zuckerberg Early Life
When he later got him admitted to the advanced programming course, he was 10 years old. So, the basic programming course rejected him at first. I didn’t want to learn; I wanted to learn advanced.
When I went to advanced, on the first day, he said to the teacher, What will you teach me? Give me the final exam, and I will pass. The teacher felt very good.
Mark Zuckerberg Education
There is an egotist, a boy said, attending the class. He said, No, I have to attend the class. The exam that is going to be held after one year of your advanced programming makes me want to get that exam done right now. The teacher also got irked.
The teacher was a female. She got arrogant and said, No, okay, give me the exam. I will see you. Not only did he pass the exam, but he passed his final exam without studying.
But he also created an instant messaging tool. It was a new invention at that time. Yes, he got the highest score and got a certificate for the entire course. On the first day, he was an entrepreneur. Since childhood, his mind has worked differently.
Mark Zuckerberg Struggle
A friend of his was sitting in his room and struggling there. He would listen to songs with a music player. Yes, you people also listen to songs today. Instagram’s media player launched in 2000.
I was in high school, and while studying in school, you know what the habits of boys in school are. At that time, he made a media player with a recommended engine, which made it so that children didn’t waste time and could listen to the songs they wanted to listen to.
Also, I know that the next song to listen to is this song, and Bill Gates at that time said, Sign Up Media Player is the most innovative media player. that I have seen to date, and he said, I will just put an advance tag editor in it.”
Mark Zuckerberg – how does course matching work?
The world first points a finger and then claps. This is Mark Zuckerberg when he went to Harvard. When he was taking admission at Harvard, the children were looking worried as to which course I should go to. Which course should I go to? Where there are more girls. Where my friend is going and which one is better for the exam.
Later, the result will be good. Who is whose teacher? Where is the interest more? Whose class is it and how long? He sat there and saw all these problems, and within 48 hours, he did coding and made the course match.
I am talking about the year 2002. Course match: Which course matches my interest? Which course do I want to pick up? Who is going where? Which classmates are talking about what—everything was visible to him right there. He was so intelligent because he never wasted time. He never thought of time. Every billionaire entrepreneur values time a lot, friend.
Mark Zuckerberg dating with girl
At that time, boy-girl relationship breakup patch-up breakup patch-up was happening. One day, he told him, Friend, you should also go and date. No, it is not our job, brother. We write code; we don’t date.
Still, the friend sent him. This girl is very cute; you should go on a date with her. Now, it was a culture there; everyone used to go there. One day, he went there. Sat with the girl in the club, and while drinking beer, he said, Do you know about coding? He said no; he said you know about programming.
He said, No, I will explain Chinese IQ to you. The girl started saying, Look how smart you are. Talk about entrepreneurship in Chinese IQ. She said no. Which book do you read? She said, No; what are you talking about? Then the girl said, What boy has come? He said, I will talk about handsome men.
Where is a good restaurant? I will talk about makeup. I will talk about the latest trend: nightclubs. His mind got disturbed, and Marg understood that this time is for me. This is a huge time-waster.
Mark Zuckerberg different dating
Marg started calculating the same mathematics. The cost of time spent on this, what was its cost? The cost of the gift is the amount of money given as a gift. Dinner cost, the cost of travel, and the cost of not doing the business at this cost.
After calculating the cost, he thought, Friend, the date is getting very expensive. Then, wasting time on women that will be gone, it’s better to invest the time on the unreleased product. If the girl wants to be set, her career should be set. This man is of a different level.
Mark Zuckerberg – Harvard Life
I am inspiring you. I had gotten moderately drunk, and then I got extremely drunk. I picked up that girl’s photo from Harvard’s website and put a photo of a beach with it. I am sorry. I put a photo of a female dog and a beach and asked people there who is better, this girl or this beach.
That went viral; he drank beer overnight and slept. In the morning, there was a big noise, and the girl got very angry. When he saw that the girl was getting angry, I felt that the girl was feeling bad, so what did he do? Instead of that one girl, he put a photo of a beach.
Now he asked two girls to compare, and when he slept after drinking beer tonight, the next day it also went viral that people are comparing two girls. Then, he picked up two different photos from Harvard’s website. He started putting up different photos, and it went viral overnight.
Why did Mark apologize?
The face mash went viral so much that after that, his website crashed at Harvard, and he was called to the public. You have breached it; it is not a violation of internet privacy; it is a breach of computer security.
I should apologize. He came and apologized to the public. He apologized to all those girls whose photos he had used without permission. The board said to apologize to us, too.
He terminated him for six months and said, Yes, I am a criminal. He had 6 months time; his friends said, Okay, now there are 6 months; let’s go on a date, but this time don’t put the dog’s picture. We will plan something else; we will make a new product. You are a genius, man.
15minutes – hack a nightclub website?
I will take you to the club because he did not feel like meeting a girl. If he listens to her, it will be a waste of time, he says. I want to drink anyway; I will do it and use my brain. The music will keep playing in my business, and the nightclub sits right next to me.
I will bring two tickets within 15 minutes. I will give you a ticket, and then I will go without you. He hacked the website of that nightclub in 15 minutes and got two tickets mailed to his email, and within 15 minutes, he gave them to her. The girl gasped in astonishment.
It is not surprising that a person with weak intellect will hack the system. But Mark Zuckerberg has hacked the world, hacked the psychology of people, and hacked people. Harvard created this app. While living in it, he and his friends started working together.
How Facebook journey start?
It was to make girls like me. His purpose was to do something that people can connect with each other. So, the experience of face matching was good. But the problem was he was searching for people’s photos and putting them up.
Should we do something that people themselves put their photos in, people themselves put their details in, and people themselves put their personal information in? It originated there, and within time, he made it in no time.
He prepared it, and the students also got addicted to it. No, the job market wanted to take him outside Harvard. He took him outside Harvard to Yale. He took me to Stanford, Columbia, New York University, and Pennsylvania.
About Technology
All the kids from top colleges in the Ivy League, now when they started using it. The whole world started following him, and he said, “One day, his friend came to him and said, ‘What is the matter?
You are dating that girl, aren’t you? If you are not doing it, then I should take her with me. She is looking at me, smiling these days. Maag said, How do I know if she is alone or with me? No, she is smiling. I feel yes, she laughed. Maag said, “Friend, this is a good question about the girl.”
How do we know what the status is? He entered the same option: “Relationship status: I am single; I am engaged.” So there are different statuses, one by one, doing it, psychology, then technology.
Is Marks’s coding technique funny?
First psychology, then technology; it is saying that every morning, people wake up and ask me about another wife. She is from outside; we will give her this. Now, you sit and do the coding, but what is the rule?
You have to drink one shot of tequila after every 10 lines of code. You have to drink one shot of tequila, or if you are not able to code 10 lines, then you have to drink one shot of tequila every three minutes, one shot in a minute.
If you have to drink tequila, then even after drinking 20 shots of tequila, 10 shots of tequila, if he is able to code, even with such loud music, if he is able to build focus, this man is in a good environment, then how well will he code?
If he did it even in such a difficult situation, then they used to look for focus. They used to see whether he had focus or not, and they used to promote him somewhere, and if attention diverted, they used to throw him out or demote him. The ways of finding it were also different.
How CEO insulted ?
What happened one day, he was leaving his office, and while leaving the office. I saw a new boy join; he said, Hey, what’s up? What’s happening? He looked back and then came back and started coding. No, no, I am talking to you.
I am talking to you. He looked back and started coding. He didn’t turn and see the man sitting next to him. That CEO got insulted. We are saying, CEO, how are you? He didn’t reply; he got busy in his work.
The CEO got busy; some peon was asking him. He said, Sir, I also didn’t listen. A boy, our CEO, is talking to you now. He started explaining to him, and then he ignored him. He kept on doing his work and kept on writing his code.
Doubled salary of unresponsive
He looked at the screen from behind. He is a very serious man; he is busy coding. Mark went to his room and didn’t react to anything. The boy who was explaining to him didn’t react to him, and he didn’t react to the one who didn’t listen.
Then he just called the HR head and got two letters typed. The unresponsive employee received a doubled salary. And the person I am not talking to is blabbering in between. His salary was cut in half; Mark says that for me, he is the one.
The man is useful, whose focus is very sharp, and in this way he spread the culture in his organization; he himself was like this; he himself was like this that I built such a culture that he exemplified leadership, due to which people did it.
Marks words
I will give you an example of this: when, for the first time, there was a lot of energy going on there. And there were some antisocial elements also who were not just doing whiskey and beer. But we were also taking some other dirty drugs; the police raided there; it was a surprise raid. In the surprise raid, someone caught and slapped all of them.
They brought everyone out and turned on all the lights of the club, and the palace was separated there; everyone got scared. They reached there with handcuffs and guns, and everyone, well, Wahab caught everyone.
Party time
There was a commotion; a lot of people asked where their CEO was. Hey, where is Mark? Where is Mark now? Everyone should see Brother Mark; there is no joke here. Where is he? Where is he? He ran away, son; he ran away.
Yes, then everyone found out it was Mank. It was found out, Mark. He was just sitting in the office; he did not reach the party. The policeman reached the office. What are you doing?
He said I forgot to come to the party; actually, I was writing good code, and I was busy with it. The policeman was very impressed and said Your whole office team is celebrating, eating, drinking, cheating, and singing songs; you are still sitting here. He said, Actually, I forgot to come; I was busy with work.
Police arrested his staff ?
He expressed his admiration. I have caught your people; they have committed a crime, but I will punish them as per your wish.” Mark said, You can punish them as you wish, but my condition is that whatever you do, rate this video. I have created and uploaded Stage Forever. This was Marg Loko Bak.
Such a focused man is busy coding himself; such a focused man will increase the salary of the focused; such a focused man will also do such hiring interviews; such a focused man that he has 25 grade t-shirts, and he has 25 pairs of jeans and 5 sneakers; he wears the same and goes out.
He says, There is a reason I am here. I really want to clear my life so much from the clutter of what clothes to choose today. I am so focused on serving my community.
How much is Jeff Bezos worth ?
Jeff Bezos net worth over time
Today, I will share with you about Jeff Bezos. Many people have talked about Jeff Bezos. Jeff Bezos has become the richest man on earth today. What did I say about the first centi-billionaire? What is a centi-billionaire? A centi-billionaire who has hit a century of billionaires? He is more than 100. See, the one who crossed the 100 mark means 112 billion dollars.
Personal net worth number two is Bill Gates with 90 billion dollars. Buffett with 84 billion dollars. Bernard Arnold with 72 billion dollars. At number five is Mark Zuckerberg with 71 billion dollars. Jeff Bezos has such a huge personal net worth.
That means if you add the GDP of 125 countries, big and small, Jeff Bezos alone has a personal net worth more than that. How does a man so intelligent earn so much money by starting a business from a garage on the ground?
10-things
I will tell you 10 things from the life of Jeff Bezos that lifted him from the ground. So he made him the undisputed champion. It made him a rich man; there must be some such strategy, mindset, or thought process.
Actually, Jeff Bezos kept on building good products timely, kept on buying new companies, and kept on investing his personal money in some companies. Due to which his net worth also kept on increasing. Some of the companies in which he invested money are Google, Grocery.com, and Wine.com.
Some of the companies in which he invested money in are Whole Foods, Audible, and Zaps. IMDB, Washington Post, this newspaper is the most popular in the US and on Goodreads. While doing all this, Amazon is a $2763 billion company and, in terms of capitalization and valuation, the number one company on earth. This is the reason that this Apple system got pregnant soon.
Some of the companies in which he invested money in are Whole Foods, Audible, and Zaps. IMDB, Washington Post, this newspaper is the most popular in the US and on Goodreads. While doing all this, Amazon is a $2763 billion company and, in terms of capitalization and valuation, the number one company on earth. This is the reason that this Apple system got pregnant soon.
Early Life
Then he was born, and after birth, from the very beginning, he started studying very quickly. And at a very young age, he reached the position of vice president in a merchant banking company in the early 90s. When he thought that the boom of the company was going to come. The boom of the internet was going to come, the era was going to change, and this banking would continue.
I will come again, but if the internet boom slips out of my hands today, I will not be able to catch it later. That was the time when he resigned from the job of vice president and started his company, which he named Amazon2. He released his IPO in a popular river of America, Amazon2.
Its IPO did not survive very well in the beginning; it did not last very long. He kept facing the initial problems and struggles. This was the only, or we can say one of the very few, such companies that bore the crisis of 2000 and overcame it. Along with this, while simplifying online transactions, he kept adding new product lines and took a new jump.
How is Bezos different from others?
I will quickly share with you 10 things that made Jeff Bezos different from the world. What is the first point? The customer is the king, and I am the servant. Come on one more time; what do you say? The customer is the king, and I am his subject and I am his servant. And He treats the customer like royalty. He advises on royal decorum. Just like this.
Think and keep two things in mind. What is the biggest mistake of the customer? Do you pay equal attention to both these things—what the customer likes very much and what the customer does not like very much? Listen one more time to what the customer likes very much and what the customer does not like very much.
People pay little attention to what they like very much. And many times they miss the things that they dislike very much. That is why I looked at three things—these customers hate three things. What are those three things—delay, defect, and out of stock? What did you say? The customer does not like the goods when they get late. So he does not like them if bad goods are delivered to him and they become out of stock.
Jeff Bezos about Customer satisfaction
The product is not there; it does not suit them. The customer’s attention span is low. If website loading is slow, the customer at 1% will slip out of our hands. Catch it once more and listen to what he is saying.
If the delay in website launch is 1%, the customer at 1% will slip out of our hands. If the delay in website loading is 1%, the customer at 10% will slip out of our hands. If the website loading is delayed by 10 seconds, 100% of the 100 customers will slip out of our hands.
He used to take great care of what the customer likes and what he does not like. The second point is to expect more from his employees. See, he expects a lot from his employees. And when he expects a lot, scolds them a lot, and makes them do a lot of work, then he does not even apologize. He is a slightly different person. What does he say? I have 500,000 employees.
How to make a brand?
This is to take care of my 16 crore customers because we are the subjects; the customer is the king. Today, in this world, same-day delivery is the new norm.
They became famous once again; come on, come on, come on, come on. They became famous for same-day delivery; order in the morning, and the goods will be delivered at home in the afternoon. Even the ration shop owner next door cannot deliver.
Call Raju at the store in America, Amazon2, Raju Bhaiya, and send the goods, he says. The boy is not there; should I send it tomorrow, Amazon2, same-day delivery, one-hour delivery in one or two hours? Why? Why? Because he used to tell his employees that he will improve and improve.
Third, long-term vision. See, when people started investing money in amazononline.in, they designed the next three months according to the 3-year plan. These small monthly profit cycles, they say, are in the vision that the whole earth has to be changed.
Vision
Our vision is to use this platform to build Earth’s most customer-centric company, a place where customers can come to find and discover anything and everything they might want to buy online. My next point is complicating the simple and simplifying the complexities.
What kind of people are Jeff Bezos, Mark Zuckerberg, and Elon Musk? These are the people who complicate every complicated job. People think, What is special about this? What did he say in this”? He is trying to make a very simple product, but at the same time, you see the new tech giants and the new tech gurus of today. They start technology companies.
What will they do? In an attempt to show something big out of the box, they become very jumbled. There is a lack of clarity and a lack of forceful clarity. The next point is every employee has a hidden owner with these. When he first wrote a letter to all the employees, there were only 614 employees.
Jeff Bezos mark his words
Today, what does Bezos say? Jeff Bezos says that 90% to 95% of the employees are working. So don’t wait for 100% accurate information. If you get information at 70%, start doing some small tests. Look at the signals. Then the market will give feedback. Situation: Make every feedback a feed forward. But start quickly.
Don’t delay. In time and start fast. What will happen from that? See, Amazon launched it within 2 days and established it all over the world. You must have faced many problems in the beginning. No problem. What does it mean? See, no product is successful in the first attempt. Let me give you a lesson.
That first product is never the final product. Again I repeat, yes, if you miss it, then your first product is never the final product. If you keep building improvement cycles in it, then what do you say?
So start quickly. If you delay in starting, the competition will eat you up and finish you. Next point, value imitation versus value innovation. This is a great point. Here I like it very much. Because it is my favorite too.
Many Indian businesspeople engage in value imitation. This has done a lot. He did it, he did it, he did it; now I will also start. Put mine too, put my leaf, invest my money; profit is coming here. Oh, its profit is coming; this is very easy. Break the man and take yours with you.