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5min chapter
TIP522: Unconventional Wisdom From The Greatest Minds In Investing w/ Joseph Shaposhnik
We Study Billionaires - The Investor’s Podcast Network
Is There a Predictability Issue?
Charlie Munger: " predictability is far more important than a low starting value issue" He says cheap businesses are usually cheap for a reason. Free cash flow allows companies to reinvest in projects, he adds. Charlie Munger: From our perspective, why just buy a great compounding business that will get better over time?
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