Adam Karr: Know Yourself, Pick Your Game, Build Your Blueprint (Lessons from a Janitor & Investing)

Top investor Adam Karr reveals his lifetime framework for success, starting with the surprising lessons learned from his janitor grandfather and a chance encounter after the ASVAB test. Discover: * Know Yourself: Why understanding your unique traits (like comfort with uncertainty) is step one. * Pick Your Game: How to identify the right field where your strengths give you an edge (from investing to life). * Build Your Blueprint: The power of imitating masters (like Peter Lynch, Sol Price) before innovating. * Embrace Obsession: Why channeling passion like Kobe Bryant is crucial for mastery. * The Last 5%: Where the real magic happens in deep work and understanding. Resilience & Positioning: How to handle setbacks and position yourself for success like Buffett. 00:00 Introduction 00:57 Investing Strategies and Market Games 02:21 Adapting and Evolving Investment Styles 03:33 The Importance of Obsession and Environment 04:42 Aligning with Long-Term Investment Goals 05:24 Identifying and Evaluating Obsessed CEOs 06:26 The Role of Culture in Investment Decisions 07:07 Building Long-Term Positions and Overcoming Short-Term Pressures 10:34 The Blueprint for Success 13:37 Learning from Role Models and Mentors 19:38 The Power of Writing and Decision Analytics 27:24 The Magic in the Last 5% of Investment Research 33:38 Understanding Roll-Ups: Success Factors and Challenges 34:14 Applying Knowledge for an Unfair Advantage 35:55 Learning from Feedback and Case Studies 39:00 The Importance of Independent Thinking 41:19 Lessons from Industry Leaders 47:45 The Will to Practice and Time Management 54:57 Positioning for Success and Resilience 01:06:12 Defining Success and Helping Others -- OUR FREE NEWSLETTER: https://fs.blog/newsletter/ 📈  OUR MOST POPULAR INTERVIEWS 🎬  The Full Story of Naval Ravikant: https://youtu.be/mGY2To_HW98 🎬  Bill Ackman - Getting Back Up: https://youtu.be/mIS3LYxgVWc 🎬  Secrets to Healthy Relationships with Esther Perel: https://youtu.be/atXKntdX2UY 🎙 Listen to the show  iTunes: https://podcasts.apple.com/us/podcast/the-knowledge-project-with-shane-parrish/id990149481 Spotify: https://open.spotify.com/show/1VyK52NSZHaDKeMJzT4TSM?si=abde3cc6a48d43ef GET IN TOUCH 🌍 Our website - www.fs.blog JOIN OUR COMMUNITY https://fs.blog/membership/ ABOUT THE KNOWLEDGE PROJECT Like the mentor you’ve always dreamed of having, The Knowledge Project shares timely yet timeless lessons for work and life. Past guests include Naval Ravikant, Daniel Kahneman, Jim Collins, Angela Duckworth, Seth Godin, Melanie Mitchell, & Esther Perel.