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TIP536: Buffett and Munger’s Principles and Mental Models
We Study Billionaires - The Investor’s Podcast Network
The Joys of Compounding - Part 2
We tend to seek evidence to confirm that we've made the right decision. This also ties into sunk cost fallacy. Godum recommends building your own checklist based on personal experiences, knowledge, and previous mistakes rather than relying on the checklist of others. There's another tool we can utilize as investors, which I will be diving into in next week's episode, episode 539. Be sure to click follow in the bell icon on the podcast app you're on so you don't miss part 3 covering this amazing book next week.
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