Excess Returns  cover image

Value Investing and Lifelong Learning with Cole Smead

Excess Returns

00:00

What Have You Learned From Your Dad?

Jeff Melencamp: I'm a kid who's grown up hanging out with dad in brokerage offices my entire life. The tech bubble took place my sophomore year of high school, and he would tell me about what's going on. And just the repeatability of the customer was something like early as a kid, how simple is a business for the owner? He says it shows you "I've never really grown up, to be honest"

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