There's two things that Charlie Munger said one time that I think almost all of history's greatest entrepreneurs understood intuitively and that's learning from history as a form of leverage and the second thing he said was that there's ideas worth billions in a $30 history book.

If you've been listening to these episodes I've been making about the filmmakers recently,

like Stephen Spielberg, Quentin Tarantino,

this idea comes up over and over again.

Both Tarantino and Spielberg actually studied Walt Disney and learned from him as well.

But they would watch and rewatch old movies that they loved and then decades later entire scenes

from those movies would actually appear in Stephen Spielberg's movies.

They'd appear in Quentin Tarantino's movies.

It's the exact same idea behind young Steve Jobs studying Edwin Land and you see Edwin

Land's ideas show up in Steve Jobs Companies and Products.

Jeff Bezosos was famous for passing out Sam Walton's autobiography to the early employees

and the top executives at Amazon.

You see that Sam Walton's ideas would show up in Jeff

Bezos's companies and products. And that is a main theme that reappears over and

over again for anybody that gets to the top of the profession, whether it's in

business and art and sports and music, you see it over and over again.

Anybody who becomes great at what they do, they are seeped in the history of their industry.

They talk about it over and over again. They don't just read a book one time. They don't just watch a book one time. They don't just have one conversation. They do it over and over and over again.

That is why if you have not done so already, I'm going to highly recommend that you subscribe to Founders Notes.

For six years I've been cataloging all of my notes and all of my highlights for every single

book that I've done for the podcast.

And now by signing up for a subscription to Founders Notes, you get access to all my notes and all my highlights.

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