He says if you want to be a good investor, start by thinking what a terrible investor would do. And so list all the dumb mistakes the terrible investors routinely make. Then, having figured that out, don't do that. He's taken from this nineteenth century mathematician agi cae cal gustav jacobi who said, invert, always invert. This is what charle's doing. He's inverting. So he's not saying, let me figure out how to be a great investor. He's saying,let me figure out first how to be an awful one.

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