I think you mentioned something interesting in your book, something like volatility per unit of your clients. My goal is to reduce volatility of the blood pressure. Here's why this is important. I can do this by doing several things. And every single company we own, we've done incredible amount of research. We tried to kill it. But those companies for my clients are just tickers, tickers and names,. They have no idea what those companies do. So as a money manager also to educate them about those companies.
Vitaliy Katsenelson is a value inevstor and CEO of Investment Management Associates. He is also the author of Soul in the Game: The Art of a Meaningful Life. In this episode, we discuss his journey as a value investor, how investors can practice thoughtful arrogance to make sound investing decision, the idea of being a student of life, stoicism, what having soul in the game really means, and much more.