#313 Chris Mayer- A Cross-disciplinary Approach to Learning & Investing
What Got You There with Sean DeLaney
00:00
Getting Rid of Past Thinking That Don't Work
Michael Porter: Are there certain things you had to get rid of, certain beliefs or ideas that just weren't serving you correctly? Ye, so a, ye, i think one of em is a, well, i mentioned before being overly influenced by kind of the multiple you pay now. But if you go back and see what you could have paid for that business at that time, it's like 67 times earnings. Ind still made 15 % return annually over the next decade. So those are some things that stand out.
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