Pets dot com, which was one of the hot stocks of 19 99, of that dot com bue, went under. And so i think just that awareness that you want to stay in game many years is one of the most valuable lessons i've learned. So instead of trying to tomise, just ask yourself, am i overreaching? And do i need to overreach? Maybe you don't need to over reach. For for me, i don't needs to have tens or hundreds of millions of dollars to have the kind of life style that i want to have. I'm better off playing a more conservative game that plays to my strength.
IN THIS EPISODE, YOU’LL LEARN:
02:56 - What led William to study the best investors not just to discover the investing lessons, but also to learn how to live a better life?
13:10 - What William’s biggest takeaways are in interviewing and studying Charlie Munger.
37:03 - The lessons William learned in simplifying an investment approach.
44:10 - What it takes to know if you’re ready to buy individual stocks and try to outperform the market.
53:54 - The benefits of having conservative finances and how Bill Miller has influenced how he views this subject.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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