Behind the Balance Sheet cover image

#23B The Best Selling Author Part 2

Behind the Balance Sheet

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The Emotional Wiring of Extreme Performers

Charlie Munger, who bought Wells Fargo at what he described as the bottom tick for Wells Fargo in March 2009, said it was a once in 40 year opportunity. Warren Buffett: For some of these guys, it's really helpful if they have low EQ, because they actually, the two obtuse emotionally to know what the crowd is thinking and how the crowd feels. And so they can think for themselves because they're not subject to the same emotions. He says there are these maverick independent spirited people cracking the code and outwitting the crowd by thinking better.

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