
TIP295: Mohnish Pabrai on Value Investing & Philanthropy (Business Podcast)
We Study Billionaires - The Investor’s Podcast Network
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The Psychology of Investing
This chapter focuses on the psychological biases that affect investment decisions, drawing insights from 'Poor Charlie's Almanack' by Charlie Munger. The speakers discuss the impact of rational thinking and character maintenance during financial challenges, while also highlighting the importance of objective analysis in evaluating company performance. Additionally, they emphasize the value of deliberate decision-making in investing and the lessons learned from real financial experiences.
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