Principle Three is 'do it for decades.' The speaker's peers at his time of graduation (early 2000s) thought trading meme stocks or day trading NFTs would outperform sustained business building. The speaker's advantage was willingness to compound returns over 20+ years; most people underestimate the power of n (time period) relative to r (rate of return).
causalpending
Speaker
Graham WeaverEvidence Quote
“if you think of the equation for returns it's 1 plus r to the n n is quadratic n is the number of years... that's the most powerful part of the equation is n... if you put a 23 on it you can be the best in the world”
Source
Last Lecture Series: “How to Live an Asymmetric Life,” Graham Weaver— Stanford Graduate School of BusinessCreated: 8/12/2026, 6:19:24 PM
My Notes
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