John Mackey sold Whole Foods to Amazon for thirteen billion dollars and now spends his days relearning lessons he already knew. This counts as news because a reporter asked him questions and he answered them.
The three tips involve patience. Mackey built an empire selling seventeen-dollar asparagus water to people who think gluten is a conspiracy. He did this over decades. Now he's shocked that his second act also requires time. Groundbreaking stuff.
Retail traders will read this and think they've unlocked ancient wisdom. They'll screenshot the headline. They'll post it in their Discord servers between loss porn updates. Then they'll buy options that expire in three days because patience is for billionaires, not for Chad who just discovered what a LEAP is.
Mackey's first lesson was building something people want. His second lesson is that building something people want takes time. His third lesson is presumably that lessons one and two are the same f*cking lesson. He's charging speaking fees to repeat this.
The man convinced America to pay premium prices for organic kale and now acts like starting over is hard. He has more money than God and unlimited attempts to fail. Your average day trader has four hundred dollars in Robinhood and one attempt before his wife's boyfriend changes the WiFi password.
But sure, the secret is patience. Just wait forty years between your first billion and your second billion. Simple.
Photo by appshunter.io on Unsplash
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