Smash Notes
Why Does Buffett's 20-card Punch Idea Lead To Better Investment Decisions?
Investors should find the exceptional few businesses and then concentrate behind them. Buffett's 20-card punch idea illustrates the point well. With only 20 investment opportunities in life, one waits longer, studies harder, and acts only when an opportunity is worth using one of the 20 chances.
The Knowledge Project with Shane Parrish
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Charlie Munger's Interview with Todd Combs
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at 10:18
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·Transcript
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On this episode
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- Why Does Buffett's 20-card Punch Idea Lead To Better Investment Decisions? Transcript
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