AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Michael Mauboussin Master Class — Moats, Skill, Luck, Decision Making and a Whole Lot More
Acquired
The Buffet and Munger Quote
Expectations of ussing are very probable aste risor. What we're really trying to do is think through scenario. The price today is just one of many potential outcomes. It's actually a price reflecting a distribution of potential outcomes. Sowat, i liter just like wrote out of my notebook at's the famous tarley munger quote. Invert, always invert.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode