Value Investing and Lifelong Learning with Cole Smead
Excess Returns
00:00
What's the Biggest Loss in Investing?
We'd like to ask our guests one standard closing question. And that is based on, you know, your wisdom in the markets and also how well read you are. If you could teach one lesson to your average investor, what would that be? Cole: Munger's principle of ignorance avoidance. Jack Carbono: The idea of not doing stupid things.
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