This chapter starts with a former Soviet Special Forces instructor punching Tim Ferriss in the butt. Not a metaphor. Pavel Tsatsouline was literally checking muscle tension at a kettlebell certification event. Welcome to chapter 32.
This chapter starts with a former Soviet Special Forces instructor punching Tim Ferriss in the butt. Not a metaphor. Pavel Tsatsouline was literally checking muscle tension at a kettlebell certification event. Welcome to chapter 32.
St. Paul, Alberta. A town of five thousand people in the Canadian prairies. The town’s only claim to fame is a UFO landing platform, built in 1967 for Canada’s centennial. A concrete pad with a sign inviting extraterrestrial visitors to land. Nothing ever landed. But in the mid-1990s, something stranger than aliens happened to this town. Chapter 18 of Torsten Dennin’s “From Tulips to Bitcoins” tells the story of Bre-X Minerals, the biggest mining fraud in Canadian history.
St. Paul, Alberta. A town of five thousand people in the Canadian prairies. The town’s only claim to fame is a UFO landing platform, built in 1967 for Canada’s centennial. A concrete pad with a sign inviting extraterrestrial visitors to land. Nothing ever landed. But in the mid-1990s, something stranger than aliens happened to this town. Chapter 18 of Torsten Dennin’s “From Tulips to Bitcoins” tells the story of Bre-X Minerals, the biggest mining fraud in Canadian history.
How do you hide $1.8 billion in losses for over a decade? You stay at the same desk, you forge your boss’s signature, and you pray that the market turns around. Chapter 17 of Torsten Dennin’s “From Tulips to Bitcoins” tells the story of Yasuo Hamanaka, a copper trader at Sumitomo Trading in Tokyo who controlled 5% of the global copper market, lied about it for eleven years, and brought down the biggest single-company trading loss the world had ever seen.
How do you hide $1.8 billion in losses for over a decade? You stay at the same desk, you forge your boss’s signature, and you pray that the market turns around. Chapter 17 of Torsten Dennin’s “From Tulips to Bitcoins” tells the story of Yasuo Hamanaka, a copper trader at Sumitomo Trading in Tokyo who controlled 5% of the global copper market, lied about it for eleven years, and brought down the biggest single-company trading loss the world had ever seen.
You and four friends cannot agree on a restaurant. Now imagine trying to make a strategic decision with a team of thousands. That is the problem this chapter tackles, and the answer is not what most people expect.
Kelly Starrett, founder of San Francisco CrossFit, casually mentioned to Tim that he just ran a 28.4-mile ultramarathon with 18,500 feet of elevation change. And that he was back to heavy lifting the next week.
Kelly Starrett, founder of San Francisco CrossFit, casually mentioned to Tim that he just ran a 28.4-mile ultramarathon with 18,500 feet of elevation change. And that he was back to heavy lifting the next week.
Everyone talks about leadership. Books, podcasts, TED talks, LinkedIn posts. But when you ask people what leadership actually is, the answers get vague fast. This chapter might be the most honest take on the subject I have ever read.