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TIP454: Current Market Conditions w/ Tobias Carlisle
We Study Billionaires - The Investor’s Podcast Network
Son Su's Art of War
Taoism is, its sort of a philosophy. It's something like stoicism. The main sources of losing your kingdom are the general or the sovereign. So getting angry and attacking when they're angry invites self defeat. And so he talks, make the other side angry yourself. Wind them up and get them orl upset,. find the point in time where you have the overwhelming odds to win. Find managers who you can trust on a basis that never benefit from doubt. This is what charley munger talks about with his seamless web of trust.
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