This week, clay fink talks about william green's new book. In the first chapter, he discusses monich pabaris investment strategy of cloning warren buffet and charley munger when it comes to investing or really anything in life. Pabrai said to william that everything in life is cloned, and he really has no original ideas - which i find so amusing coming from one that is just extremely intelligent. The market is a voting machine in the short term and a weighing machine in the long term. At times stocks trade well above and below their true underlying value. You should only buy a stock when it is selling for much less than your conservative estimate of what
IN THIS EPISODE, YOU’LL LEARN:
02:02 - How Mohnish Pabrai became an incredible investor through his method of cloning.
05:12 - How Sir John Templeton took the willingness to stand from the crowd in order to consistently beat the market.
09:32 - How Jean-Marie Eveillard got ousted out of the investment firm he was with for decades.
16:37 - How Nik Sleep invested and lived a life in the most high quality manner possible.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
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