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Podcast: Global Value
Episode: The Biggest Risk to Your Wealth Isnβt the Market
Description: Most investors think the biggest danger comes from recessions, inflation, or the Fed. But Chris Davis, a $20B fund manager mentored by Warren Buffett and Charlie Munger, says the real threat is closer to home: your own behavior.In this episode, we break down why emotions sabotage returns, how to build the patience to outlast bubbles and crashes, and the timeless principles of value investing that have guided the Davis family for three generations.Youβll learn:Why all real investing is value investing and everything else is gambling.The difference be...