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MI Rewind: Richer, Wiser, Happier w/ William Green
Millennial Investing - The Investor’s Podcast Network
Is There a Blind Spot?
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Henry Kissinger: Buffett's idea of the margin of safety, which he got from his teacher, Ben Graham, is brilliant. He says a guy right about in the book, Fred Martin, who had an extraordinary experience of our own fallibility and how little we know when he was working on a ship during the Vietnam War. When he ended up becoming an investor, he saw exactly the same lack of vigilance among investors. And so you just have to go through life, I think, with a little bit more humility about your own limitations.
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