Understanding Reality and How to Deal with Ignorance | E3
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Understanding Reality and How to Deal with Ignorance | E3
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About this listen
This episode explores mental models like discounted cash flow, margin of safety, and why ignorance, uncertainty and imperfect maps are unavoidable parts of decision-making. Using real-estate and business examples, it shows why long-term investing is less about prediction and more about judgment under ignorance and uncertainty.
This podcast is for educational purposes only and does not constitute investment advice. The hosts may hold positions in assets mentioned. Examples reflect conditions at the time of recording.
Meditations of an Investor with Maximilian Zumtobel and Julius T. Geiger.
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