🔑Self-confidence is important in knowing if you're ready to start a fund
🔑Don't wait for more experience to start, believe in yourself
🔑Be aware of the risks and consequences in starting a fund
🔑Access to capital is crucial for starting a fund
🔑Investment screens have limitations and may miss great investment ideas
How do I know if I'm ready to start a fund?
—Self-confidence is key. Don't wait for more experience, believe in yourself.
What are the risks in starting a fund?
—Starting a fund comes with risks and consequences. Being aware of them is important.
How important is access to capital in starting a fund?
—Access to capital is crucial for starting a fund. It can provide a buffer and resources.
What limitations do investment screens have?
—Investment screens may miss great investment ideas. They are not always reliable indicators.
What were some influential events in the investor's career?
—Meeting Warren Buffett, Mish PAB, publishing a book, and the bankruptcy of Horse Head were all influential events.
00:00Self-confidence is key in knowing if you're ready to start a fund.
02:20Don't wait for more experience to start, believe in yourself.
04:40Be aware of the risks and consequences in starting a fund.
06:40Access to capital is crucial for starting a fund.
08:00Investment screens have limitations and may miss great investment ideas.
