
EP 329. 20 Lessons About Banking from Maxfield on Banks
Focused Compounding
00:00
Is That Something That You're Born With?
Value investing is a personality type, not something that you're born with. It's extremely rare to have things over ten times sales in any year. So your youre entering into a transaction that is almost without precedent in terms of any sort of value investing principles on it doesn't mean it won't work out. I think sometimes people may fool themselves about how far they're going away from what they're used to doing and saying.
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