9min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP201: Big Mistakes That Great Investors Make w/ Michael Batnick (Business Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Avoiding Investment Mistakes and Sticking to a Consistent Process

The chapter delves into the pitfalls of overconfidence in investing, using examples from Mark Twain's financial troubles and stories of notable investors like Monish Pabrai and Charlie Munger. It emphasizes the importance of following a consistent investment process and staying within one's area of expertise to avoid making costly mistakes. The chapter also discusses the relevance of historical data in stock investing and the evolution of the speaker's investment journey influenced by various investment books.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode