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Founders: #328 Tom Murphy (Buffett's favorite manager)

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What I learned from reading The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success by William Thorndike. ---- I use EightSleep to get the best sleep of my life. Find out why EightSleep is loved by founders everywhere and get $500 off at eightsleep.com/founders/ ---- Get access to the World’s Most Valuable Notebook for Founders by investing in a subscription to Founders Notes ---- (5:00) Tom Murphy] gave me one of the best pieces of advice I've ever received. He said, 'Warren, you can always tell someone to go to hell tomorrow'...You haven't missed the opportunity. Just forget about if for a day. If you feel the same way tomorrow, tell them then-but don't spout off in a moment of anger." All I Want To Know Is Where I'm Going To Die So I'll Never Go There: Buffett & Munger – A Study in Simplicity and Uncommon, Common Sense by Peter Bevelin. (Founders #286) (5:15) Thirty years ago Tom Murphy, then CEO of Cap Cities, drove this point home to me with a hypothetical tale about an employee who asked his boss for permission to hire an assistant. The employee assumed that adding $20,000 to the annual payroll would be inconsequential. But his boss told hi

[00:00:00] You might be able to hear this in my voice in the episode that you're about to listen to, but I just got over either COVID or the flu. I'd been traveling way too much and I've been sleeping terribly and it finally caught up to me. I've been home now for almost a week and I feel way better. And one thing that actually helped me feel a lot better is my eight sleep. Before I had an eight sleep, I never had the ability to change the temperature of my bed before, and I had no idea how much that affects and improves the quality of my sleep. I keep my eight sleep ice cold. It's cold…

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