This chapter delves into foundational investing concepts and the emotional journey of skill development, likening it to mastering a sport. It emphasizes the stages of competence, the discomfort of recognizing one's initial incompetence, and the eventual satisfaction that comes from incremental improvement.
How to apply a businesses "Return On Equity" (ROE) to determine competitive advantage. For show notes and more information visit www.ruleonepodcast.com
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