MI245: A Year in Review w/ Rebecca Hotsko
The Intrinsic Value Podcast - The Investor’s Podcast Network
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How to Become a Better Investor
It's not the businesses that are the superstars that tend to be the ones that really do manage to sustain these high returns. You should buy them with that in mind where if they do sustain those high returns and invest capital, you generate this great return. If they don't, you're still going to get roughly a market return. And now the next biggest lesson I want to talk about came from something Logan Kane said on how to become a better investor. To be a good investor, you either need to be able to make a lot of bets at a low percentage or you could be worn buffet and you could win 80, 90% on 10 bets.
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