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RWH016: The Best Of The Best w/ François Rochon
We Study Billionaires - The Investor’s Podcast Network
The Middle Road in Investing
You've quoted a wonderful line that Ben Graham famously quoted in a speech of his from 1958. It comes originally from the Roman writer Auvit I think from his metamorphoses. The sun god Phoebus says to his son whose name I can never pronounce, maybe Faton, something like that, who wanted to fly their chariot through the sky. But wise father God says, you will go safer in the middle road. And of course, the sun ignores this and crashes to earth and almost destroys the world by setting it on fire. Can you talk about that idea of the middle road, which seems fundamental to your approach? Yes, I think the middle road has many ways
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