Founders

#237 Julio Lobo (Cuba's Last Sugar Tycoon)

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Sinopse

What I learned from reading The Sugar King of Havana: The Rise and Fall of Julio Lobo, Cuba's Last Tycoon by John Paul Rathbone.----Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com----[2:02] Beyond Possible: One Man, Fourteen Peaks, and the Mountaineering Achievement of a Lifetime (Founders #236)[3:22] This is a cautionary tale.[6:18] One of the main lessons of the book is just how fast things can change.[6:25] The History of Cuba in 50 Events[10:14] Lobo walked with a limp due to a murder attempt 14 years before that had blown a four inch chunk out of his skull.[12:29] One of the most human of all desires is to perpetuate what you have created.[12:55] Lobo thinks he has leverage when he really doesn’t.[18:39] He dies in poverty. Imagine having $5 billion and then at the end of your life having to rely on an allowance from your adult daughters.[20:30] I think about what Charlie Munger says: Don't try to be really smart. Just try to be consistently not dumb over a long period