The idea of not speaking to management is a very bad idea. You're really dumb if you don't because you can get all sorts of insights tells opportunities to learn relationships. I think that talking about your investments in the right forum with the right people is a very, very smart thing to do. The name of your shows 1% better describes it perfectly. All we need to do is get 1% better and if we do that consistently the results are going to be extraordinary.
Guy Spier is the founder and investment manager at Aquamarine Capital, and author of The Education of a Value Investor, which is one of the best books I have read about someone’s personal journey in life, business, and investing. In this episode, we talk about Guy's idea of investing in stocks for the long term, power of using investment checklists, the India opportunity, and much more.