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" The only way one should buy stocks is if you understand the underlying business. You stay within the circle of competence. You buy businesses you understand. "
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" One might think of investment managers as astronomers and CEOs as astronauts. The two roles are radically different with distinct personality traits. Like astronomers, investment managers tend to be introverted, skeptical, and very analytical. CEOs, like astronauts, are the exact opposite, typically being extroverts, optimists, and, well, leaders. " Mohnish Pabrai