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- Warren Buffett's Ruthless 5-Minute People Filter For Efficient Networking
Warren Buffett's Ruthless 5-Minute People Filter For Efficient Networking
PLUS: My EXACT process that took my app's Cost Per Install from $1.30 to less than $0.80
Warren Buffett's Ruthless 5-Minute People Filter For Efficient Networking
Warren Buffett shared a surprising insight about his approach to judging character in a conversation with investor Mohnish Pabrai. Contrary to popular belief, Buffett doesn't claim to have exceptional people-reading skills.
According to Mohnish Pabrai, Buffett stated that he doesn't believe he has a good people radar, but rather what he possesses is a very tight filter.
Buffett explained that at a cocktail party with 100 people, speaking with each for just 5 minutes, he could identify the best and worst 5-7 individuals.
For the remaining 85-90 people? If he's uncertain about them, they all go into the rejection pile.
The Asymmetric Risk Philosophy
Buffett's seemingly harsh approach stems from a calculated risk assessment.
He told Pabrai that the cost of bringing a not-great person into his circle of life is extremely high, while the cost of discarding somebody who might be great is very low comparatively.
This binary system eliminates uncertainty: people are either obviously exceptional, or they're grouped with the "no" pile.
By maintaining such high standards, Buffett protects his time and surrounds himself only with individuals who clearly demonstrate excellence from the start.
Top Tweets of the day
1/
Same photo, same time, different wording
What was it about the second post that made it hit escape velocity?
— núll (@nullpointered)
3:29 PM • May 4, 2025
I love the breakdowns in this X post, especially this one:
"Alluding to a conspiracy/secret knowledge"
1000s of tricks to go viral and this post gives them.
I bet if you analyze 1 viral posts per day for 100 days & make notes, you'd get a pretty good understanding of what goes viral and come up with your own frameworks or ask AI to generate viral ideas based on your notes.
2/
Going to use AI to spin up some YouTube channels, starting with:
ASMR for tech bros
— Justine Moore (@venturetwins)
3:25 PM • Apr 29, 2025
New YT side-hustle dropped. The voice is tooo goood.
3/
Enterprise founders:
When you lose a deal to a competitor. Ask the lost customer, what was the name of the rep that you chose instead.
Go hire that rep. Winners win.
— Harry Stebbings (@HarryStebbings)
10:42 PM • May 4, 2025
Everyone does this but no one talks about it openly.
Doing something you've already done 100x before is easy so it makes sense to hire someone who has done the same thing before.
"Been there, done that" is right up the hiring list.
Rabbit Holes
My EXACT process that took my app's Cost Per Install from $1.30 to less than $0.80 by Steven Cravotta
The Empty Promise of Data Moats by Martin Casado and Peter Lauten
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