#186 Tom Gayner: Invest Like The Best
The Knowledge Project with Shane Parrish
Navigating Investment Crises
This chapter recounts a critical moment in the speaker's investment career during the 2001 internet bubble burst, highlighting a strategic divestment that helped avoid significant losses. It explores themes of integrity, emotional management, and the long-term effects of financial decisions, while emphasizing the prudent use of debt in corporate financing. The chapter serves as a reflective discourse on the importance of calculated decision-making amidst financial uncertainty.
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