We Study Billionaires - The Investor’s Podcast Network cover image

TIP610: Mastermind Q1, 2024 w/ Tobias Carlisle and Hari Ramachandra

We Study Billionaires - The Investor’s Podcast Network

NOTE

Learning from Past Investment Mistakes

Past experiences of underestimating companies like Amazon serve as a reminder of survivorship bias in investment decisions. It is common to overlook failed investments and only remember the successful ones, creating a false sense of missed opportunities. Novi Marks' paper on gross profits on total assets has gained popularity as a key metric for evaluating a company's quality.

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