This is a OPEN AI summary of the Tim Ferriss Podcast #629- visit www.TinyTim.blog for more AI summaries, or www.Tim.blog for the official Tim Ferriss Podcasts.

Aryeh Bourkoff is a successful Wall Street financier who got his start with the help of mentor Alan Ginsberg. He has since gone on to work in high-yield bond groups and become the chairman and CEO of LionTree, an independent investment and merchant bank. In this conversation with Tim Ferriss, Aryeh discusses what it takes to be a good analyst and some of the common mistakes that analysts make.

Aryeh Bourkoff talks about his early interest in finance, and how he explained it to his academic parents. He talks about how he believes finance is a worthwhile way to live because it allows entrepreneurs to realize their dreams. He also talks about how he got into finance, and how he believes it is not just about moving pieces around, but about creating something new.

Aryeh Bourkoff talks about how he came to the realization that many meetings were being declined because his calendar was full, and decided to take an entire year to block out every Wednesday to take all of those overflow meetings that were being canceled. He talks about how this story relates to the concept of rejecting constraints and problem solving, and how everyone just talks about not having enough time all the time. He also talks about how the office will deprioritize people for you if you're not prioritizing them in your mind and heart, and how people have become an expert at these things over time.

Aryeh Bourkoff discusses the importance of time management, self-awareness, and humility in the workplace. He argues that it is better to have a daily metric that defines an individual's worth, so that the conversation around compensation is more productive.

In an interview, Rupert Murdoch discusses the importance of opportunity and security in business. He argues that it is his responsibility as a manager to provide opportunities for his employees to thrive, and that it is their responsibility to take those opportunities and compete with others in the market. Aryeh Bourkoff discusses how people might perceive him as always being on and full of energy, when in reality he is an introvert who sometimes needs time alone to recharge. He talks about how this can be misconstrued as him only being focused on himself, when in fact he is often thinking about strategies for the future. He then tells the story of how he came up with the idea for a deck of cards that would help him remember people's names. Aryeh worked on the sale of Sundance Channel in 2007 and did a great job. However, when it came time to negotiating the fee for their services, it was a tough process. CBS's CFO, Joe Ianniello, was a tough negotiator. In the end, Aryeh got a good fee for their services. In order to become a skilled negotiator, one must understand how the other person feels and what they want. This can be done by putting yourself in their shoes and trying to see the situation from their perspective. Once you have done this, you can start working towards what you want from the negotiation.

Aryeh Bourkoff discusses the importance of trust in business deals, and how it can be the difference between a successful negotiation and a failed one. He also recommends several books, including "Leadership and Self-Deception" and "Scale" by Geoffrey West. In this conversation, Tim Ferriss and Aryeh Bourkoff discuss the books that have influenced them. Rand is mentioned as an example of a great book, and John Steinbeck's The Pearl and Hemingway's The Sun Also Rises are both recommended. Tim Ferriss expresses interest in David Brooks' The Second Mountain, and Aryeh Bourkoff describes it as a book about finding one's purpose in life.

Aryeh Bourkoff and Tim Ferriss discuss the importance of trust in building a following, staying true to oneself, and the dangers of being swept away by trends or fads.

In this conversation, Tim Ferriss and Aryeh Bourkoff discuss the importance of making a positive impact with our lives. They talk about the importance of consuming positive media, and how it can help improve our lives. Aryeh shares some of his wisdom and stories, and Tim promises to follow up with more questions in future conversations.

629 https://tim.blog/2022/10/19/aryeh-bourkoff/