Peanut variety and trait development for US & international origins—Virginia, Runner, Spanish & Valencia types; Value-Added traits. Growing the good!
Lubbock, TX
Joined October 2018
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IPG has recently partnered with Dyno-gro Seed, Nutrien Ag Solutions’ exclusive premium seed brand, in the US to bring new, elite, runner-type varieties to market for production across the Peanut Belt. SE trial results & J.M. Smucker Co.’s letter of support.⬇️
Mark Gregory retweeted
Episode 35, S4_Finishing Up Harvest and Discussing Varieties and Yields podbean.com/eas/pb-wr32i-1ba…
Early-gen Valencia seed increases are headed to our #Foundation #Seed Sheller! We handle 6 commercial varieties with many more early-gen lines coming soon.
#Runner #spanish #valencia and #virginia Foundation seed (HO & NO) — SW, Mid-S, SE, VC areas and beyond. #growingthegood
#IPG3628 #Spanish in the Texas Panhandle are showing excellent yield potential under the care of excellent farmers. #growingthegood
Early-generation #seed increases of our newest #Valencias are one step closer to commercialization! This line is the first of our Valencias to have a decumbent plant type, high yield potential, early maturity, and 2-4 kernels in pods. #growingthegood
#growingthegood Valencias next to our #Foundationseed sheller!
We have early-generation seed in the pipeline for multiple new varieties across market types; both #higholeic and #normaloleic.
Beautiful #Valencia lines are competing for the top spot in our trials. We haven’t created our best variety yet.
Full steam ahead.
#growingthegood
#peanuts
Mark Gregory retweeted
“Stay in the game long enough to get lucky.”
My notes from the NEW Poor Charlie's Almanack: The Wit and Wisdom of Charlie Munger turned into maxims:
1. Find a simple idea and take it seriously.
2. Good ideas are rare. When you find one bet heavily.
3. Humans have been writing down their best ideas for 5,000 years. Read them.
4. Avoiding stupid mistakes is more important than being smart.
5. Don’t work with anyone you don’t admire.
6. Don’t sell anything you wouldn’t buy.
7. Avoiding a bad habit is easier than breaking a bad habit.
8. Work on your best idea. Don't diversify
9. Incentives rule everything around you.
10. Never, ever, think about something else when you should be thinking about the power of incentives.
11. The most important rule in management is: Get the incentives right.
12. The storyteller is the most powerful person in the world.
13. Education is the process whereby the ability to lead a good life is acquired.
14. Be dependable for your tribe.
15. Trust is one of the greatest economic forces on Earth.
16. Don’t over optimize for growth at the expense of durability.
17. Great businesses are built by going ridiculously far in maximizing or minimizing one or a few things. Think Costco.
18. The combination of scale and fanaticism is *very* powerful. Think Sam Walton.
19. Do the unpleasant task first.
20. Don’t multitask.
21. Learning is changing behavior.
22. Avoiding stupidity for a long time *is* genius.
23. Many hard problems are solved best when approached backwards.
24. Think of ideas as tools. When a better tool comes along use it.
25. Clip your business and personal expenses. Small leaks sink big ships.
26. Make friends with smart dead people. Adam Smith, Darwin, Cicero, Ben Franklin —whoever interests you. Read their writing. Steal their ideas. They don’t need them anymore.
27. Only focus on great businesses and great businesses have moats.
28. Dominating a niche can produce profit margins that make you salivate.
29. Telling people WHY increases compliance.
30. Stay in the game long enough to get lucky.
31. Stack cash to survive unexpected problems and seize unexpected opportunities.
32. Don't confuse intelligence with invincibility.
33. Panic spreads and compounds quickly.
34. If you’re not winning —scale down and intensify.
35. Appeal to interest, not to reason.
36. Understanding opportunity cost is a superpower.
37. Don’t confuse the map for the territory.
38. People often interpret price as a signal for quality.
39. All human systems are gamed.
40. Beating back bureaucracy is a never ending battle.
41. The acquisition of knowledge is a moral duty.
42. Learning from history is a form of leverage.
43. Make sure your best players get the most playing time.
44. It is inevitable that bad things will happen to you. When they do get up, keep going, and remember the next maxim:
45. Self pity has no utility.
46. Find out what you are best at. Then pound away at it. Forever.
47. Envy is weakness.
48. The behavior of peer companies will be mindlessly imitated.
49. Emotion blurs judgement.
50. Only play games where you have an edge.
51. Avoid mob rule. Avoid demagogues. Avoid dogma. Avoid bureaucracy.
52. Optimize for independence.
53. Use money to buy freedom.
54. Aim for durability.
55. Keep the people who don’t matter from interfering with the work of the people who do.
56. What do you have an *intense* interest in? Do that for your living.
57. Self improvement has no end.
Mark Gregory retweeted
New episode: "How Elon Works"
This episode covers the insanely valuable company-building principles of Elon Musk
A few notes from the episode:
1. The mission comes first.
2. Retreat is not an option.
3. A maniacal sense of urgency is our operating principle.
4. Product design should be driven by engineers.
5. You should not separate engineering from product design.
6. Having separate design and production departments is bullshit. Keep everything together and feedback immediate.
7. The leader should be on the front lines. You should be a battlefield general.
8. "If they see the general out on the battlefield, the troops are going to be motivated. Wherever Napoleon was, that's where his armies would do best."
9. Apply The Algorithm constantly. (1) Question every requirement. (2) Delete any part of the process you can. (3) Simplify and optimize. (4) Accelerate cycle time. (5) Automate.
10. Repetition is persuasive. "I became a broken record on the algorithm. I think it's helpful to say it to an annoying degree."
11. You should go ultra-hardcore on deletion and simplification.
12. Camaraderie is dangerous. It makes it hard for people to challenge each other’s work. (Refer to point #1)
13. Never ask your troops to do something you wouldn’t do.
14. Hire for attitude. Skills can be taught. Attitude changes require a brain transplant.
15. Good attitude = A desire to work maniacally hard.
16. The only rules are the ones dictated by the laws of physics. Everything else is a recommendation.
17. Keep your entire company committed to a common goal.
18. If things aren’t going well, throw away the existing design, start from first principles, question every requirement based on fundamental physics.
19. Find the limit. You want to delete as much as possible and you can’t do that unless you find the limit.
20. If you aren’t adding back at least 10% of the things you deleted, then you didn’t delete enough.
21. Maintain control. Avoid joint ventures. Eliminate middlemen.
22. Have a relentless dedication to questioning every requirement.
23. No work about work, just work.
24. Go to the problem. Get on the plane. Fly to the source. Go to the exact location in the factory. Go to the problem and stay there until it's resolved.
25. The best part is no part.
26. Be wired for war.
27. Do not fear losing. It hurts the first 50 times but then you’ll be able to play with less emotion. You will take more risks.
28. Stay heads down focused on doing useful things for civilization.
29. When something is important and has to be done quickly, have meetings every 24 hours to run the algorithm and check on the previous days progress. You'll be shocked at how fast this speeds things up.
30. Life needs to be interesting and edgy.
31. Delete, delete, delete, delete.
There are 100 more ideas in the episode. I hope you listen to it. 30 years of Elon’s career + 60 hours of reading and research and me just absolutely ripping through idea after idea at 2x speed for 90 minutes.
It will be hard to find a better use of time.
Mark Gregory retweeted
how to find earned secrets // @FoundersPodcast
Every time I talk with @FoundersPodcast (and listening to the podcast of course), I hear new powerful maxims.
I’ve been collecting what he learned from decades of studying founders.
1. Money comes naturally as a result of service.
2. Ordinary things, done with extraordinary focus, over an extraordinary period of time.
3. Find an earned secret and exploit it for two or three decades.
4. Be a professional opportunist.
5. Opportunity arrives after a loss.
6. The best financial decisions are not financial decisions.
7. You don't need to be a genius; you just need to collect more information.
8. Reading is not hard—pick up a book and stare at it. If you're not doing that, you're not serious.
9. Wise people don't solve problems; they avoid them.
10. Genius has the fewest moving parts.
11. Those at the margins often come to control the center.
12. Mute the world, build your own.
13. Don't do anything that someone else can do.
14. A natural monopoly is ideal, but if not, take an oligopoly.
15. Invest heavily in the technologies of the day.
16. Ideas that are easy to understand are easy to spread.
17. Make yourself easy to interface with.
18. Relationships run the world.
19. History doesn’t repeat; human nature does.
20. Quality of your life is the direct result of the quality of your decisions.
21. Don't learn to deal with stress; learn to enjoy it.
22. Belief comes before ability.
23. Problems are opportunities in work clothes.
24. Books are made out of books.
25. Bad boys move in silence.
26. Learning from history is a form of leverage.
27. Designing in constraints is powerful.
28. The world is your classroom.
29. "Always more audacity." — Winston Churchill
30. Excellence is the capacity to take pain.
31. Actions express priorities.
32. The public praises people for what they practice in private.
33. There are ideas worth billions in a $30 history book.
34. Successful people listen. Those that don’t, don’t last long.
35. If you know your business from A to Z, no problem is unsolvable.
36. Business is problems; the best companies are problem-solving machines.
37. Gentlemen, watch your costs.
38. You aren't advertising to a standing army; you're advertising to a moving parade.
39. Self-pity has no utility.
40. Always more audacious.
41. Wisdom is prevention.
42. Go for great (Munger).
43. Go for freedom (Zell).
44. Making mistakes is the privilege of the active.
45. Time carries most of the weight.
46. Incentives rule everything around you.
47. Find a simple idea and take it seriously.
48. Good ideas are rare; when you find one, bet heavily.
49. Genius lies in ignoring the unimportant.
50. Intensity is the price of excellence.
51. You can’t save souls in an empty church.
52. Scale and fanaticism combined are powerful.
53. If you’re not working on your best idea, you're doing it wrong.
54. Ease isn’t the goal; excellence is.
55. Become friends with the eminent dead.
56. People are power law; the best ones change everything.
57. By endurance, we conquer.
58. Keep things simple and remember what you set out to do.
59. The founder is the guardian of the company’s soul.
60. In business, the winning system maximizes or minimizes one or a few variables.
61. Imitation precedes creation.
62. Focus is saying no.
63. Optimism is a moral duty.
64. Intense concentration can bring out hidden resources in people.
65. If anything is worth doing, it's worth doing to excess.
66. Obsess over customers.
67. Being extreme in your craft is essential in the age of leverage.
68. Learning is not memorizing; it’s changing behavior.
69. Repeat, repeat, repeat; volume and consistency win.
70. If you love what you do, the only exit strategy is death.
71. The story of the father is embedded in the son.
72. The hard way is the right way.
73. Be intolerant of slowness.
74. Hire a professional critic.
75. Experts don’t know sh*t.
76. I love the climb; I don’t care where the summit is.
77. "If you do everything, you will win."
78. "Reading is forced meditation."
79. "Action solves everything."
80. A great product has to be better than it has to be.
81. It’s not what you do; it’s how you do it.
82. "I'm not a businessman; I'm a business, man."
83. "Forever on the attack."
84. Life isn't about finding yourself; it's about creating yourself.
85. Plan B should be to make Plan A work.
86. The road to success is paved with mistakes well handled.
87. The good ones know more.
88. Avoid boring people.
89. The best thing I did was choose the right heroes.
90. All good things in life come from compounding.
91. A players hire A players; B players hire C players.
92. "Search all the parks in all your cities; you'll find no statues of committees."
93. Have pride in creation, not consumption.
94. Pay peanuts, get monkeys.
95. Once you find something that works, shut up about it.
96. If you know the basics, you have an advantage over others (Kobe).
97. Apply specific knowledge with leverage, and you’ll get what you deserve (Naval).
98. There’s no substitute for hard work.
99. Collect a handful of ideas, then hammer them home repeatedly.
100. It’s slothful not to compress your thoughts.
101. A novice is easily spotted because they do too much.
102. "Repetition is persuasive."
103. Keep the main thing the main thing.
I've done several podcast episodes with David, usually with our buddy @baldridgecpa, and we have another one coming soon!
Mark Gregory retweeted
“I sometimes wonder if all pleasures are not substitutes for joy.” - C.S. Lewis
Mark Gregory retweeted
“If I find in myself a desire which no experience in this world can satisfy, the most probable explanation is that I was made for another world.” - C.S. Lewis
We’re close to releasing a breakthrough #Valencia from our program with:
—Decumbent plant type.
—Yield comparable to our IPG 1288.
—2, 3, and 4 kernels per pod.
—Shape and size similar to Valencia C.
Can’t wait to see how it performs for our #SW farmers!
#growingthegood #peanut
We are excited about #runner increases of new, #normaloleic varieties for the SE on our Home Place Farm. #growingthegood #peanut
“…best stand of runners ever and it’s only one planting!”
IPG 517, our top-performing #higholeic #organic #runner variety continues to thrive in West Texas even under organic conditions. #growingthegood
IPG 3628, our top-performing #highOleic #Spanish, continues to perform well under commercial #organic and conventional growing conditions in the SW. #growingthegood #peanut
