The 3 key takeaways from 'The Rebel Allocator,' Munger, Buffett book - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Legendary investor Charlie Munger loved 'The Rebel Allocator' so much he called the author and encouraged him to make it a movie. Here are the book's 3 key takeaways.

," an investing podcast. "You pick up the phone and on the other end is Charlie's voice, and, it's like, almost kind of the voice of God in a way."Exaggerations aside, Taylor was in awe of the investment legend. Especially when Munger praised Taylor's book: ""His biggest thing that he wanted to tell me, was encourage me to get the book made into a movie," he said. "I haven't made a ton of progress yet on that.

Taylor's book is designed to teach timeless business lessons to readers through a fictional mentor/mentee relationship. "I did try to make as much of it obsolescence-proof as I could," he said. "The lessons are very generalized. It's more trying to teach you how to think about the problem and frame the problem correctly." "When I say capital allocation, at the end of the day it's what you spend your money on inside your business," he said. "Everybody that works in a business or does anything is doing capital allocation at all times.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Omaha World-Herald union blasts Warren Buffett over newspaper sale - Business InsiderBuffett sold the paper to an 'out-of-state company that has all the nonsense national chains are known for,' the Omaha World-Herald Guild said.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Warren Buffett's $4.6 million crypto lunch tops eBay's biggest buys - Business InsiderTron chief Justin Sun bought the charity meal with Berkshire Hathaway's boss but bailed at the last minute, sparking conspiracies. He's Clever! The whole point about lunch with Buffet is publicity; He got it without pay! Next time, Buffett should put a strict non-refundable clause in the agreement before revealing who he's going to have lunch with! WarrenBuffet
Source: BusinessInsider - 🏆 729. / 51 Read more »

Warren Buffett just got out of the newspaper businessWarren Buffett's Berkshire Hathaway is ditching its newspaper business. Lee Enterprises will buy Berkshire's 31 publications across the country for $140 million in cash. PedroMCasals nieves_rd JLMendoza_ warren buffet esta vendiendo sus periodicos drpinedat JLMendoza_ comicdominicano pico87mn HaroldVasquezR j_rijo aristyescuder cuando tu vez a ese CAMAJAN vendiendo es porq eso ya no es negocio. Los medios CAERAN!
Source: CNN - 🏆 4. / 95 Read more »

AT&T sets its future course after Q4 earnings - Business Insider - Business InsiderAT&T's mediocre Q4 2019 earnings shed light on the company's plan to intertwine its media and connectivity businesses while reducing its debt. super!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Facebook's Oversight Board to be ready by summer - Business Insider - Business InsiderFacebook likely hopes to regain trust among stakeholders by creating a board that is both representative and transparent in its decision-making
Source: BusinessInsider - 🏆 729. / 51 Read more »