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16min chapter
#186 Tom Gayner: Invest Like The Best
The Knowledge Project with Shane Parrish
The Importance of Thinking Long-Term
In this chapter, the speaker discusses the significance of taking advantage of low-interest rates, exploring the decision of companies and the US government to issue short-term debt. They reflect on their own early prediction about interest rates and the concept of thinking long-term in a short-term world. The chapter also emphasizes the negative impact of limited options and the importance of positioning oneself to always have good choices.
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