Navigating Market Turmoil with Confidence and Value Investing

The chapter delves into the speaker's experiences during the Asian crisis of 1998, discussing extreme price actions, market breakdowns, and interventions by financial authorities. It highlights the importance of confidence and temperament in managing funds during volatile conditions, along with the speaker's strategy of investing in undervalued companies despite market sentiments. The conversation also touches on the criteria for stock selection, emphasizing a value-based approach and the speaker's experiences managing funds in the Bahamas while enjoying leisure time with family.