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Ep 364. Q&A: Entertainment, Intrinsic Value, Cyclicals, Dark Stocks, and The Too Hard Pile

Focused Compounding

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Are You Reading All That Stuff?

If you put in a ton of time on a stock, um, they really want to buy it. It's only if you read 15 of them first that you find it easy to read the tankes of them later. If i do discriminate, it's more so from like, oh, the past, in the actions that this company has taken in the past, is probably something that's going to keep us away. And then it's just learning more about the business. I think about, like, jamie diamond, the way he says he likes to read the newspaper,. how he reads basically everything, even if he's not interested.

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