3min chapter

The Business Brew cover image

Chris Cerrone - A Simple, Quality Discussion

The Business Brew

CHAPTER

Investing as a Paramutual System

A lot of investors go along the same learning curve that warren went onand charley helped him, and they graduate to understanding that it's far more important to find an exceptional manager. And then you're basing everything on a judgment,. You're on much less firm ground when you start doing that, in a sense, rightdnd? I think, make mistakes there. Good judgment comes from experience, and experience comes from bad judgment, you know.

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