4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP354: Building Berkshire 2.0 w/ Chamath Palihapitiya

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Impossible Thing to Document in Investing

investing is a very individual trade craft, because it's an impossible thing to document. I don't think Stan Druckenmiller or David Tepper's process is largely documentable. Stevie Cohen, just add to the list of all the greats, Buffett. Determining a fair price. Do you do typical discount cash flow models? If so, what discount rate, like, do you have a hurdle? This is also about this is where we get to this sort of like, I think like investing is three things, right?

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