92: CalSTRS: How the $300+ Billion Pension Fund is Allocating in 2023 - With Christopher Ailman, CIO
Money Maze Podcast
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The Distress of Losing Other People's Money
Chris Van Gogh: It can be very disheartening when things aren't going well. How have you dealt with those periods? I would tell the young people, that losing other people's money is actually by far the toughest thing to do. As Warren says, when everybody is greedy, be frightened. When everyone's frightened, be greedy. That sounds silly, but it is so hard to do.
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