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The Guy Who Studied Buffett for 25 Years

My First Million

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The Psychology of Investing

This chapter explores the philosophical and behavioral implications of investing, specifically contrasting Berkshire Hathaway with index funds. The speakers discuss the emotional aspects of investment choices, the importance of a long-term perspective, and the value of personal satisfaction over societal expectations. They also highlight the significance of readability, personal reputation, and the impact of relationships on investment behavior.

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