The Historical Illusion of Warren Buffett

And now on to our episode.

We are all learning, modifying.

We're destroying ideas all the time.

Rapid destruction of your ideas when the time is right is one of the most valuable qualities you can acquire.

You must force yourself to consider arguments on the other side.

Charles T. Munger.

Now I included that quote because Charles T. Munger was very much Buffett's partner, but actually I think that would apply to politics as well to stock market investing.

Invest only if you'd be comfortable owning a stock, even if you had no way of knowing its daily share price.

Benjamin Graham, the intelligent investor.

Price is what you pay.

Value is what you get.

And there seems to be some perverse human characteristic that likes to make easy things difficult.

Keep your investing strategy simple.

Complexity is often the enemy of clarity.

And now on to our episode.

We are all learning, modifying.

We're destroying ideas all the time.

Rapid destruction of your ideas when the time is right is one of the most valuable qualities you can acquire.

You must force yourself to consider arguments on the other side.

Charles T. Munger.

Now I included that quote because Charles T. Munger was very much Buffett's partner, but actually I think that would apply to politics as well to stock market investing.

Invest only if you'd be comfortable owning a stock, even if you had no way of knowing its daily share price.

Benjamin Graham, the intelligent investor.

Price is what you pay.

Value is what you get.

And there seems to be some perverse human characteristic that likes to make easy things difficult.

Keep your investing strategy simple.

Complexity is often the enemy of clarity.