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Ep 366. Microsoft + Netflix, Advice for New Investors, Buffett/Munger, and Testing Bargaining Power

Focused Compounding

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Is It a Merger Arbitrage?

You have said before that you are pretty good at getting the business itself right, a like whether it's a very high quality company or not. So do you think if selling doesn't help you out as much, that's because you are just great at picking the business quality of a business? And a flaw would be more so on the price side. Yes, yes. But i've been particularly bad at price and timing calculations, and particularly good at a long term business trajectory predictions. That's true even in merger arbitrage.

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