79- Back to Basics: Are You Capable of Understanding the Business? (Pt.2)

Published: Oct. 11, 2016, 5:50 p.m.

b'Ask yourself, \\u201cis reading about this business fun or a root canal?\\u201d This week on InvestED we are revisiting Charlie Munger\\u2019s first principle of being capable of understanding a business. Last week we learned that you may be capable of understanding a business if you have some basic experience with that business or industry. Now, we will explore how to evaluate your own level of understanding of the business. For show notes and more information visit www.investedpodcast.com\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'