To not act like an idiot, do as follows: 1. Watch Peter Lynch's 1994 lecture https://www.youtube.com/watch?v=72Pq5zKEi_g … 2. Read annual reports, Buffett, Keynes, Munger, Marks & Graham 3. Eliminate exposure to all sources that may produce symptoms of irrationality 4. Stick to what's easy
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Replying to @Tinyvalue
Great points! When disseminated via Twitter, there's an interesting irony to #3.
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Replying to @DAG_Investments
Thanks, and agreed re #3! Twitter's a cesspool of irrationality. I mostly just use Twitter to keep up with what's going on at Tiny via
@awilkinson & proceedings at@manualofideas :) The only advice & guidance I accept and use is from my favorite books!2 replies 1 retweet 2 likes
Replying to @Tinyvalue @DAG_Investments and
Oh I also love @CapitalTalk2. We pretty much are the same person re temperament.
3:14 PM - 6 Mar 2020
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