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Jony Ive on what Steve Jobs taught him about focus

“This sounds really simplistic, but it shocks me how few people actually practice this—and it’s a struggle to practice… Steve was the most remarkably focused person I’ve ever met in my life.”

As Jony explains, the tricky thing with focus is that it’s a struggle to practice. Every minute you have to ask: “Why are we talking about this?” if it’s not what you’re actually working on.

“You can achieve so much if you truly focus.”

Steve would regularly ask Jony how many things he has said “no” to. As Jony explains:

“What focus means is saying ‘no’ to something that you believe with every bone in your body is a phenomenal idea. You wake up thinking about it, but you say ‘no’ to it because you’re focusing on something else.”

Video source: @VanityFair (2014)
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Oakmark on Merck $MRK US

Thesis: Merck’s strong portfolio, particularly Keytruda’s growth potential, and a promising pipeline offer an attractive investment at a discounted valuation.

(Extract from their Q3 letter) https://t.co/wANoEa2B8R
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Librarian Capital
Markets, asset allocation & personal portfolio https://t.co/n0miIrGJEn
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Clearbridge on ATS $ATS CN

Thesis: ATS’s automation expertise and strong market position in high-barrier industries offer a resilient growth outlook amid global trends like near-shoring and labor automation.

(Extract from their Q3 letter) https://t.co/16T1d5VNtj
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Librarian Capital
RT @Acyn: Obama on Trump: Who cannot understand how an NBA superstar can be both Greek and Black… Who spreads ridiculous fantasies that Haitians are eating people’s pets. Who just this past week arranged for one of his supporters to tell jokes about Black people eating watermelon and Puerto Rico being an island of garbage right there on stage at Madison Square Garden. Do you that is someone who will look out for you?
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RT @SethAbramson: I’m hearing that many Gen Z voters have never heard the Access Hollywood tape, so it’d be a shame if it got RETWEETED tens of thousands of times on Elon Musk’s Twitter https://t.co/HTwmM4LP8c
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Librarian Capital
Elon Musk: "We're going to give very long severances"

Musk was ordered by a regulator to pay €550k ($600k) to a dismissed Twitter employee in Ireland because exiting him for not signing a loyalty pledge within a 24-hour deadline set by Musk was illegal

Will we see this in US? https://t.co/neBWK9ciw1

How about corporations that receive unnecessary lavish (billions of $)direct and indirect taxpayer subsidies…?! $TSLA @SpaceX
- James Chanos
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Librarian Capital
This is funny

A cameraman humiliates Trump on a live feed after he says "we always have huge crowds and never any empty seats."
https://t.co/YTJ4B3JCXz
- Jay in Kyiv
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Clearbridge on AMETEK $AME US

Thesis: AMETEK’s dominance in critical industries and ability to enhance acquired businesses’ margins makes it a compelling buy at cycle lows.

(Extract from their Q3 letter) https://t.co/l4vHkROrLG
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Librarian Capital
"China piles pressure on rich people and companies to cough up taxes" (FT)

"Local governments hunt for revenue to refill coffers depleted by a property slump"

Even fewer people will be drinking cognac now, or shopping for high-end skincare

$RCO $EL

China piles pressure on rich people and companies to cough up taxes https://t.co/T36OKIyOoU
- Financial Times
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RT @alexisohanian: Very intrigued to see what these 776 founders are building here: Announcing The Founders' Tribune https://t.co/mZeEWEkedM
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