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TIP550: Masterclass w/ Mohnish Pabrai
We Study Billionaires - The Investor’s Podcast Network
Circle the Wagons: A Framework for Investing
The circle, the wagons concept comes from the 19th century on the American frontier. And it's a similar concept in investing with the nifty 50-bit Walmart,. It only works if you don't touch it. The key in investing is to recognize two things. One, we're going to make a lot of mistakes. Two, this is a very forgiving business. You can be wrong, even 98% of the time. Still come out smelling really nice.
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