During their recent episode, Taylor, Carlisle, and Jason Buck discussed The Risks of Shorting MSTR and Long Bitcoin. Here’s an excerpt from the episode: Jason: Well, the other thing we were talking about before, that I would caution everybody on and that’s what I’ve seen too much of on Twitter, … Read More
Mohnish Pabrai: Aim for a Home Run, Settle for Breaking Even
In this Q&A session with MBA students at Columbia Business School, Mohnish Pabrai discusses the importance of assessing potential risks and outcomes before making investments. He acknowledges that all businesses carry some level of uncertainty and a small probability of failure. Pabrai views investing as a game of probabilities, striving … Read More
Warren Buffett: Reaching For Yield Is Really Stupid, But It’s Very Human
In this interview with CNBC, Warren Buffett discusses the importance of aligning consumption with income rather than taking excessive risks to increase returns. He criticizes “reaching for yield,” calling it a dangerous and human tendency, as individuals often seek higher returns despite the risks. Instead, he advises adapting to lower … Read More
Ray Dalio’s Investment Wisdom: Humility, Triangulation, and Diversification
In this interview with RWH, Ray Dalio discusses the importance of humility and caution when making decisions in unfamiliar areas, using China as an example. He relies on extensive experience, starting in 1984, and insights from highly knowledgeable and trustworthy individuals to triangulate information and form conclusions. Dalio prioritizes diversification, … Read More