
Ep 366. Microsoft + Netflix, Advice for New Investors, Buffett/Munger, and Testing Bargaining Power
Focused Compounding
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How Does This Compare to Other Things?
He sees things very quickly, obviously, because of certain things he says sometimes off off, off hand. He knows the amount of invested capital in certain businesses. And then there's also the other thing, is not putting on a check list like you say, ok, check with the chess example. That's not what they would do. They don't just any computer can tell them, ok, you're winning or not. You'e expected to have an advantage from this point on, or whatever. What you can do really quickly scanning something is, ok, what are the advantages that you have here? What are the disadvantages? When you understand a situation that's the same thing,
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