2min chapter

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments cover image

King of Capital by David Carey and John E. Morris | ADI Book Club 3

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments

CHAPTER

The Importance of Being Rich to Start a Fund

"You have to be rich like every time someone asks Monish Abra how do I start a fund yeah the first thing he always says is well you have to have a track record" "We're all wired differently with different personality types and Steve Schwartzman if he was to do the Berkshire Hathaway buy and hold find wonderful compounders thingYeah he might not be able to do it given a personality," she said. 'I gained so much more information not only for Steve Schwartzman but for how Warren and Charlie kind of built their company um why do you know what I mean'

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