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The Value Perspective with 10k Diver REPLAY

The Value Perspective

CHAPTER

The Importance of Good Process in Investing

When I first started out investing, I had absolutely no idea what I was doing. One of the biggest mistakes I made as an investor early on is I was perhaps influenced a little too much by Graham and Buffett. We always ask about an example of a bad decision that you've made where the outcome was poor due to bad process and not bad luck. Oh, I think I'm an expert on bad process simply because I have so much experience in making bad decisions.

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