Buying Exceptional Businesses & Ignoring the Noise w/ François Rochon (TIP709)

Описание: Clay and François Rochon discuss long-term investing, emphasizing that buying great businesses at fair prices is key, while market timing is unwise. Volatility, he believes, offers opportunities for investors.

What you’ll learn here:
00:00:00 - Intro
00:00:50 - Annual Letter to Partners
00:06:10 - Invest in great businesses
00:11:45 - Level of concentration
00:14:14 - Always be fully invested
00:18:56 - How to calculate owners' earnings
00:28:41 - Podium of Errors
00:31:54 - Four risks to equity investors
00:43:43 - Booking Holdings
00:51:36 - Brown & Brown
00:58:07 - Alphabet
01:05:29 - Outro

Transcript & Guest Info: https://www.theinvestorspodcast.com/e...

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