How to find your arbitrage (from the guy who’s done it 3x) ft. Nick Kokonas

If you wake up every day feeling great, you're not taking enough risk. If you wake up every day up, you're taking too much risk. You need to feel a tingle of uncomfortableness. I started with 60 grand. I can't express to you how undercapitalized that is on the trading floor. Essentially, you were looking for arbitrages. You're looking for some sort of mispricing. I am now convinced that every arm is just about time scale. How much money were you making doing this? Well, I drove to my dad's house and I showed it to him. kind of like oh shit. He's like, is what you're doing legal? I genuinely believe that geofence, meaning localized, dynamic and variable pricing for time slotted businesses, is something that someone's gonna make hundreds of billions of dollars with. How does a guy who goes from trading and no restaurant experience create best restaurant in America? Knowing what great is is making Mostly shit 99% of the time. Is it that you're actually seeking the anxiety and fear? It's exciting to be uncomfortable in the sense of. I feel like I can rule the world, I know I can be what I want to

I'm putting my law in it like a day song on the road, let's travel never. Alright, today we're hanging out with my friend Nick Kakonis. He is one of the most interesting founders you have never heard of. This is the guy who started off trading options. And then went and started one of the best restaurants in the world, then started a software company and sold it for hundreds of millions of dollars. So an entrepreneur who's played many different games that really he had no business playing and somehow found a way to win. So I came here to hang out and find out. How he does it.

I'm gonna read you a quote. I'm motivated by fear, fear of not living up to the possibilities. If you wake up every day feeling great. You're not taking enough risk. If you wake up every day throwing up

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