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#148 John D. Rockefeller (Autobiography)

FoundersOctober 11, 202057m

What I learned from Random Reminiscences of Men and Events by John D. Rockefeller.  ---- [0:16] These incidents which come to my mind to speak of seemed vitally important to me when they happened, and they still stand out distinctly in my memory.  [2:43] That sounds funny, making friends among the eminent dead, but if you go through life making friends with the eminent dead who had the right ideas, I think it will work better in life and work better in education. — Charlie Munger  [3:07] On Founders #16 I covered the biography of Rockefeller. Titan: The Life of John D. Rockefeller.  [3:19] Rockefeller prioritized silence and using the element of surprise by not telling people what he was up to.  [3:54] The book I read for Founders #31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue by Ryan Holiday.  [5:02] They woke up and saw for the first time that my mind had not been idle while they were talking so big and loud.  [5:35] He's attempting to buy out one of his competitors and he says, “I have ways of making money that you know nothing about.”  [6:00] One thing that he mentioned over and over again in this book is the importance of relationships. That relationships make life better.  [7:45] Having created an empire of unfathomable complexity, he was smart enough to see that he had to submerge his identity in the organization.  [13:01] We went pretty rapidly in those days. We had with us a group of courageous men who recognized the great principle that a business cannot be a great success that does not fully and efficiently accept and take advantage of its opportunities.  [15:52] It was a friendship founded on business, which Mr. Flagler used to say was a good deal better than a business founded on friendship, and my experience leads me to agree with him.  [18:09] Perhaps they will not be useless if even tiresome stories make young people realize how, above all other possessions, is the value of a friend in every department of life without an

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