Timeless Advice from Warren Buffet and Charlie Munger
Description
Warren Bufferr and Charlie Munger are anti crypto but they are some of the greatest investors of all time, so I study them and that is where I derive a lot of my philosophies that have treated me well.
In this episode, I share some of those lessons.
What I cover:
00:00 Intro
00:53 See who is swimming naked when the tide goes out
01:25 Its not a good year if you don't get rid of a best idea
02:28 Warren's investments often performed poorly at first
03:27 Punch card and bet big with conviction.
06:22 Be greedy when others are fearful and fearful when others are greedy
08:52 Just don't be stupid
10:06 Spend each day trying to be wiser than when you woke up
11:02 Use multiple mental models to think deeply
12:42 Outro
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