After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments cover image

058: What We Can Learn From Ted Weschler's Perfect Investment in Dillard's

After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments

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The Holy Grail of Investing

i don't care if you have 500 dollars, five thousand dollars, whatever amount of money that you can take and keep separate. The perfect investments are a symmetric bets. They are bets where your downsight is limited. It's not complicated as it sounds. But being able to differentiate between good investment ideas and perfect investment ideas, that's the trick. And really, the learning monis says, drinking from the hose.

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