Barbell strategy for killing it in an age of superhuman AI: Simultaneously get as close to AND stay as far away from AI as humanly possible. 1. Get close — play with AI models, use them to help you think, ask them to teach you about the world, get them to help you create, work with them to write code, understand what makes them tick, embed them into your everyday life, have fun. 2. Stay far away — learn to tell stories, make eye contact, build a team, lead with courage, connect far-flung ideas, build lifelong friendships, debate persuasively, think forbidden thoughts, handwrite ideas, confess your fears, fall in love. Spend less time trying to master mental transformations that are purely mechanical — building spreadsheets, analyzing trades, balancing accounts, writing code by hand, following playbooks, searching for needles in haystacks. These are the emerging no-man's land, squarely the domain of AI. Venture to the extremes. That’s where all the fun is anyway.

To achieve a multi-bagger in the portfolio, you have to hold a multi-bagger in the portfolio. You will have to hold while the stock 2-3-4x in a year. You will have to hold as the stock eventually pulls back 50% from its highs. You will have to hold as the stock goes nowhere for months, quarters, maybe years, as fundamentals backfill into the stock price. You will have to hold as expectations get too high or management has some eventual growing pains. You will have to hold when it's cheap, expensive, loved, hated and volatile - sometimes all in the same year. You will have to hold while your emotions are screaming at you to sell. But what makes it even more difficult is very few will deserve to be held through all of this. Most of the companies you own today only deserve to be rented. Ownership is earned. microcapclub.com/conviction-…