5min chapter

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

TIP536: Buffett and Munger’s Principles and Mental Models

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Long Term Orientation Is a Competitive Advantage for Investors

The ability to have that long term orientation is now a bigger advantage than ever before. Most of the talent and resources on Wall Street are focused on competing in the short term arena. People tend to think short term because their decisions are driven by fear. The path to lasting wealth is deferred gratification, savings, and compound interest.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode