MI199: Cloning Warren Buffett and Charlie Munger w/ Chris Franco
The Intrinsic Value Podcast - The Investor’s Podcast Network
00:00
The First Rule of Compounding Never Interrupted Unnecessarily
The first rule of compounding never interrupted unnecessarily. The longer you can let that unrealized gain continue over year after year he describes as it allows you to comp how more forcefully now the company might not be growing maybe at the same rate that it was. There's real advantage in just not getting in the way of it and i think it's a bigger lesson for us as investors even with the best intentions our tendency is to mess it up right.
Transcript
Play full episode
