This is the most incredible exchange I have ever seen on an earnings call.
It represents the best of investing.
This kind of opportunity is accessible to everyone, including you and me. No PhD required.
Was there luck involved? Sure. But was it lucky? Absolutely not.
Being the type of investor who makes this kind of investment is the first step in capturing one.
It’s easy to forget how smart Henry Singleton was.
Graduated from the Naval Academy and MIT, earned three degrees in electrical engineering and won the Putnam award for being one of the country’s greatest mathematicians.
He could also play chess blindfolded.
Partnering with people like Singleton is more profitable than trying to emulate them.