How to Become an Investor


“Investing is not supposed to be easy. Anyone who finds it easy is stupid.” - Charlie Munger, Vice Chairman of Berkshire Hathaway

What Makes Investing Hard:

  • Long feedback loop between decisions and outcomes

  • Behavioral biases that can negatively impact our judgment

  • Many people lack the temperament required to remain rational under pressure

  • The best practitioners succeed through a combination of art and science

Earlier this year I gave a talk to students at Babson College on how to learn value investing and become an investor. You can watch the talk and the Q&A discussion that followed below. If you want to get more educational videos on value investing, please subscribe to my YouTube channel where I will be posting content on a regular basis.