stock market

3 statements across 3 episodes · 2 bullish · 1 bearish · 1 people on the record · first statement Jan 23, 2024 by David Senra · across every show →

Everything said about stock market, oldest first

Jan 23, 2024 negative
Insight
Carnegie: Distractions From Stock Market Fluctuations Destroy Sound Managerial Judgment
“And no sound judgment can remain with the man whose mind is disturbed by the mercurial changes of the stock market. His mind is upon the stocks and not upon the points that require calm thought.”
David Senra Jan 23, 2024 ▶ 46:27 The Autobiography of Andrew Carnegie
Sep 25, 2024 positive
Insight
Charlie Munger approaches problems through inversion and studying failure
“When Charlie thinks about things, he starts by inverting. To understand how to be happy in life, Charlie will study how to make life miserable. To examine how a business becomes big and strong, Charlie first studies how businesses decline and die. Most people …”
David Senra Sep 25, 2024 ▶ 2:17 Li Lu and Charlie Munger and Warren Buffett
Aug 31, 2026 positive
Insight
Singleton: Buying whole companies pushes valuation multiples too high
“There are tremendous values in the stock market, but in buying stocks, not entire companies. Buying companies tends to raise the purchase price too high. Don't be misled by the few shares trading at a low multiple of six or seven. If you try to acquire those c…”
David Senra Aug 31, 2026 ▶ 34:53 How Henry Singleton Worked
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