3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

RWH028: Lessons From Legends w/ Mohnish Pabrai, Tom Gayner, & John Spears

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Importance of Due Diligence

Most people have a trail behind them. There are people that they've done business with that know them. You can kind of get this rough, rough sense of that this is a person who makes the people around them better offs or worse offs. And you got to keep your eyes open and be sensitive to if your thesis is confirmed day by day or disconfirmed day by day. If you were setting out to write the book today compared to 10 years ago, I dare to say, I think you might even be better at it today because you've been at the process for the last 10 years.

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