“No one's success is proven until they've survived a calamity.”
You can’t join the NBA with a few good shots, but you can join the ranks of “great” investors. Luck and skill are much harder to separate in the financial world and making that distinction can take a few decades. Chris Hill talked with best-selling author Morgan Housel in front of a live audience about why inflation is so personal and variable, Elon Musk’s best product (hint: it’s not a car), the power of incentives, the secret to 99% of Warren Buffet’s success, and investing through bear markets. Companies mentioned: BRK.A, BRK.B, HOOD, TSLA. Host - Chris Hill; Guest - Morgan Housel