[Founder Notes] David Luedtke

Kept his head down. Always building. Obsessed. Frugal — got mad when someone sent paper clips over mail because it would weigh more.

Made his fortune by cornering oil, then using large shipping deals. Then went to banks to take a secured loan on contract to buy a ship. He saw opportunity where others didn't and was willing to risk for it.

The more of a pain something is, the larger the opportunity on the other side.

— Jay