Investing tid bits..
Size of your
REWARD and TALENT
Stock market is the only place where the size of the REWARD is far higher than the TALENT
I am an above average ordinary individual. But the markets have rewarded me hugely.
All it needs - Passion, Learing & temperament
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There were some smart folks there before Mr. Buffett. Weston Hicks & his preds at $Y. Larson at Cascade. If you followed what Hunter Harrison was doing at the CN you’d have been there. It had been such a lousy industry I ignored it. Figure out why smart people are in bad assets.
In hindsight, it obviously was a steal...but I think I would have come to the same (wrong) conclusion you did at the time of the announcement.
— Deliberate Capital (Corbin) (@corbinw22) August 9, 2021
Given this info in hindsight, what would you do differently if you came across a similar situation today?