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Founders cover image

#363 Li Lu and Charlie Munger and Warren Buffett

Founders

NOTE

Discover Yourself to Gain an Edge

The journey of self-discovery is essential for personal and professional growth. Identifying one’s interests, strengths, and passions allows individuals to develop a unique competitive advantage. Defining a personal circle of competence based on these interests is crucial. Over time, focusing on strong, high-quality businesses rather than merely seeking cheap securities can lead to more significant success. Emphasizing the importance of these strong businesses can yield positive surprises, enhancing the overall value gained.

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