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#16: Tobias Carlisle on Beating ’The Little Book That Beats The Market’

Superinvestors and the Art of Worldly Wisdom

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Introduction

Toby Carlisle is the author of several books, including his latest in the acquirers multiple. He started out as an attorney but realized that he could use his legal skills to do value investing with a different framework. Toby: I wonder why fun managers can't beat the S&P 500? Because they're sheep and sheep get slaughtered.

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