Pomp Shares 3 Non-Obvious Business Ideas with Massive TAMs

Think of like Kim Kardashian. She goes from sex tape to reality TV star to entrepreneur billionaire... I think she's going to be president of the United States one day ... The same thing that makes the sex tape go viral gets you elected to president today.

He also is like a master marketer. Warren Buffett was the original finance influencer. And I've joked a million times that if he was, today, Buffett, in his 30s, he'd have a Substack, a Twitter account, a podcast. He'd be streaming on TikTok—like doing all this stuff.

You only got to be right once or twice, and you can achieve immense amount of wealth or success by doing just like the basic things—go buy assets that end up being valuable.

You just have to be really good at, like, go 100% in, run the test as perfectly as possible, and be willing to cut bait and try a different combination of the inputs if for some reason it's not exploding the way you want.

If you want to build the next great social network, yeah K-factor matters in the beginning, but actually what matters more is what is the 30/60/90 day retention? If you want to just go viral and be on every single 14-year-old's phone in America, then the only thing that matters is K-factor.

I probably, more so than many of my friends, say yes to opportunities—even when it's not very clear what is the purpose for doing this?

The beauty of residential real estate is it's the largest asset class in the world ... We never think about residential real estate as like the largest asset class in the world.