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The Young Investors Podcast
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Investing Is Like Cloaking Buffet on Your Next Investment
You don't know what your what company you're buying. You don't know what valuation that company's going to be bought at. The only thing you know is the person who is going to be the one selecting the investment. Ibo, lik bill ackman has done a couple of them. Ut's like an ultra bet on the management team. But even in that case, great investors, on a single bet, likei they make bad decisions, absolutelyely. Most, even good investors, maybe three out of ten will be terrible,. or more than that.
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