“Start by looking at the cash flows, cash flow statement, try and understand that once you understand the cash flow, see chart accountants, CFAs, someone from BCOM, he taught to first draw the balance P&L, then the balance sheet, then the cash flow. But when you're evaluating a company, go exactly th”

“I've always said give yourself a little bit of room. If you're if you have a 8% savings rate, bring it down to 5%, even 3%, even 1%. Just keep a little bit of money going, but for a couple of years, give yourself a little bit of ease.”

“I thought compounding interest was one of the most powerful things. So if we miss out on that then you know we miss out on accumulating wealth.”

“So any kind of like, wow, I can make a new loan at 500 over and I can make an 11% awesome loan or a 213% awesome loan. So what's really going on is you don't want your fund, which has a Nav of 5.6 billion, but is trading at 2.8 billion. You don't want that 5.6 to shrink because your paid fees.”

“you will probably be able to get access to name brands, but that doesn't mean that you're getting access to what made those name brands.”

“I think it's ingrained in people's behavior to chase performance. Mhm. So if performance has been bad for a few years, everybody declares and that was the case in 2014.”

“It takes a pretty high degree of specialism and we we mentioned earlier on in the show that regulators actually prevent retail mass investors from actually getting exposure to this stuff. So you don't have despite the efforts of of Black Rockck recently, you don't have many index funds or ETFs or mu”