5 Lessons From A Billionaire To Invest Better & Become More Successful
<p>Munger is known for his multi-disciplinary approach to investing.</p>
<p>He believes that developing expertise in multiple disciplines (such as psychology, economics, history, and technology), can help investors identify patterns and spot opportunities that most others would miss.</p>
<p>Munger once said, “If you skillfully follow the multidisciplinary path, you will never wish to come back. It would be like cutting off your hands.”</p>
<p>The best investors don’t overly focus on one area of expertise (e.g. technology or finance), but understand the basics of various topics.</p>
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