Classic 22: Life and investing w/ Mohnish Pabrai
We Study Billionaires - The Investor’s Podcast Network
The Psychology of Investing: Biases and Wisdom
This chapter explores the psychological biases that influence investor decisions, as outlined in Paul Charlie's Almanac. It highlights the importance of maintaining a rational mindset amidst challenges and emphasizes the role of management and historical performance in mitigating bias. Additionally, it discusses the evolution of investment philosophy, the impact of leverage, and the necessity of continuous learning in enhancing investment decisions.
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