Ep 391. Buffett’s Investment in Paramount, Streaming vs. Theaters, and Takeaways from Todd Combs’ Podcast
Focused Compounding
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The Power of Personality in a Money Manager
Munger: Buffett has some stuff before that basically he just would look at the past record. Like if he can see your investment decisions, what you did, that's what he needs to know and not assessing you. So probably that's really all that he had needed to know from the money management side, right? Then it was all about personality. Munger: I always wonder this. Why do you think Buffett, so when he was winding down his fund, the partnership, why do you have 30 million in today's dollars?
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