On today’s episode, Kyle Grieve discusses significant takeaways from the book Money Masters Of Our Time.
IN THIS EPISODE YOU’LL LEARN:
00:07:58 - Warren Buffett's emphasis on "controlled greed" and "fascination with your craft" and why it's necessary to survive in the market for a lifetime
00:11:14 - How to identify and take advantage of stocks nobody else wants
00:17:48 - Why more research time should be spent finding the truth of things rather than confirming what you already believe to be true
00:24:46 - A simple framework for identifying and holding businesses that compound capital
00:28:29 - The four kinds of events when a quality business can offer attractive entry points to look for
00:43:51 - Strategies to search for opportunities in newly opened markets
00:52:32 - The importance of perspective when taking advice from people who are playing different games than you
00:56:09 - The importance of being reluctant to take profits
01:02:08 - How to utilize metaphors to aid in your investing decision-making
01:12:30 - The strength of using tracking positions to understand potential outperformers better
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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