Enter the Labyrinth Great Investors Build Networks and Never Stop Learning with Alix Pasquet III
81 snips
Dec 7, 2022 AI Snips
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Episode notes
Networks as Moat and Safety
- Networks serve as both a moat and margin of safety in investing.
- They provide opportunities, warnings of threats, private information, and extend influence and reach.
Create Triads in Networking
- Create triads by introducing two people who don't know each other but share common goals or interests.
- After connecting them, let them be and trust the network effects to unfold.
Munger-Buffett Introduction Anecdote
- Charlie Munger and Warren Buffett’s legendary partnership began with a simple dinner introduction by a mutual investor.
- That initial triad led to one of the most powerful business partnerships ever.