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Achievement, Inequality, and the NBA
This chapter explores the concept of achievement and inequality by drawing comparisons to the NBA. It discusses the importance of recognizing talent and addresses the societal concern of wealth disparity coexisting with poverty.
In this episode, William Green talks with Chris Davis, a renowned investor at Davis Advisors who also serves on Berkshire Hathaway’s board of directors. Here, Chris shares powerful lessons he’s learned from his mentors—Warren Buffett & Charlie Munger—about building financial resilience, learning from our mistakes, avoiding our weaknesses, harnessing trust, & flourishing as we age.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
10:09 - What Chris Davis has learned from Buffett & Munger about aging well.
18:27 - Why trust is a superpower in business & life.
30:04 - Why many successful investors fail to build good relationships.
38:31 - How Buffett & Munger consciously avoid their weaknesses.
40:38 - What Buffett learned from Dale Carnegie.
1:00:26 - Why Chris views Jeff Bezos as “the LeBron James of capitalism.”
1:18:24 - What it’s like to hear Buffett talk at Berkshire’s board meetings.
1:21:37 - How Buffett thinks about risk & resilience.
1:26:44 - How Munger inspired Chris to be radically open about his mistakes.
1:38:59 - How to run an organization that breeds excellence.
1:52:10 - What Chris learned from Cardinal John Newman.
2:00:25 - What Buffett teaches about friendship, generosity, & kindness.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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