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TIP522: Unconventional Wisdom From The Greatest Minds In Investing w/ Joseph Shaposhnik
We Study Billionaires - The Investor’s Podcast Network
What I Learned From Buffett?
I think Buffett is so interesting because everybody takes something different from his incredible body or he is such a great teacher and also obviously a legendary investor. What I learned from him was when I analyze his success, to me, his greatest investing successes came from investing in high quality businesses. So my lesson from Buffett wasn't that you should look for the cigar butts, look for the cheap businesses that you would hope or believe would turn around. It was to find the great businesses that generate high returns at Great Free Cashflow and be willing to pay a little bit more for them.
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