Tangen: Buying before researching creates urgency and relies on pattern recognition
Nicolai Tangen · The $2 Trillion Mind | Nicolai Tangen · Feb 17, 2026 · at 41:15
Shane Parrish asks Nicolai Tangen whether he utilizes Stanley Druckenmiller's approach of buying a stock position before completing full diligence.
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“Well, I did that quite a lot, and I think it's, why do you want to do that? Well first of all, you, if your gut feel is good, and, you know, people don't believe in gut feel if you call it gut feel. If you call it pattern recognition, more people believe in it. But if your pattern recognition is good, and you see something that looks really interesting, The probability of that being a good investment is pretty high. Okay. It's like way over 50%. And by taking a position, you create some urgency in the research process.”
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