Every great investment was once mocked by the crowd. The crowd is usually right. You care. I follow you on twitter, like a lot of people, and i appreciate that you don't tweat very often. So thank you. People are just like mass tweeting. It's too much. Wou twetted something reasily. Don paa. Well, of course, to be to have a stand out company, or to be a stand out investor, it's rare. Has to be a one in a hundred, one in a thousand kind of thing. And so think a lot about that, particularly in the in early stage companies, venture capital works like it's not
“No one's success is proven until they've survived a calamity.”
You can’t join the NBA with a few good shots, but you can join the ranks of “great” investors. Luck and skill are much harder to separate in the financial world and making that distinction can take a few decades. Chris Hill talked with best-selling author Morgan Housel in front of a live audience about: - Why inflation is so personal and variable - Elon Musk’s best product (hint: it’s not a car) - The power of incentives - The secret to 99% of Warren Buffet’s success - Investing through bear markets
Companies mentioned: BRK.A, BRK.B, HOOD, TSLA
If you're a member of any Motley Fool service you can access the video for the full interview here: https://www.fool.com/premium/coverage/4056/coverage/2022/08/31/wealth-greed-and-happiness-with-best-selling-autho Host: Chris Hill Guest: Morgan Housel Producer: Ricky Mulvey Engineer: Dan Boyd
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