MI131: Richer, Wiser, Happier w/ William Green
The Intrinsic Value Podcast - The Investor’s Podcast Network
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The Importance of Avoiding Ruin
Gus: My biggest mistakes were when i got jealous of other people because they were making great returns. I felt so smartand so sive i was likely on the inside track, and it really appealed to my vanity. With all three of those private companies, i lost, i think, the best return with something like a loss of 85%. And when i look back at the really boring that i did, where i just quietly tucked it away in a sensible, well run fund and then just kept adding to the part, those things have worked out brilliantly. Guss: You don't realize this until you look back after many years, and you realize that conservative things you did, where
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