Warren and Charlie have likewise commented on the benefits of working from Omaha/Pasadena vs thinking amidst the overwhelming clamor of Wall Street. Easier to defy the herd if you're not part of it.
Today it is harder to get away from "conventional wisdom" since so much of the conversation about the conventional wisdom is online rather than in physical locations. I'm sure it still helps to be away from Wall Street but maybe less than in the past. Today the edge would be to get off "fintwit" and other social media spots, I think...
Warren and Charlie have likewise commented on the benefits of working from Omaha/Pasadena vs thinking amidst the overwhelming clamor of Wall Street. Easier to defy the herd if you're not part of it.
Today it is harder to get away from "conventional wisdom" since so much of the conversation about the conventional wisdom is online rather than in physical locations. I'm sure it still helps to be away from Wall Street but maybe less than in the past. Today the edge would be to get off "fintwit" and other social media spots, I think...
This is really cool, thanks for sharing. Fun to see how Templeton would pray for wisdom like King Solomon 😉