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.