3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP454: Current Market Conditions w/ Tobias Carlisle

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Stock Price Is the Thing That Generates All Your Urns

Some businesses can resist that mean reversion, and will do. If you overpay for these business youre not going to get sufficiently good returns. What you should be doing as an investor is finding the best risk adjusted opportunity in the market. Try and find the things that are going to generate sufficient return going forward, and then try and buy them at a discount.

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