The Dentalpreneur Podcast w/ Dr. Mark Costes cover image

1747: Boring But Effective Investing Pt. 2

The Dentalpreneur Podcast w/ Dr. Mark Costes

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The Importance of Boring Investors

Boring investors also focus on protecting the downside. Charlie Munger often says that I got rich by avoiding mistakes. Boring investors invest in relationships where there's no obvious financial ROI. Elon Musk is one of the two or three wealthiest people in the world. But from what I've heard, Elon's got multiple kids from multiple wives or multiple women who don't actually even speak with him.

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