In this episode of The Investor's Podcast, Kyle Grieve interviews Ian Cassel about the differentiating factors between good, great, and GOAT (Greatest Of All Time) investors. Ian shares insights derived from studying great leaders, business builders, and parallels from sports like golf and jiu-jitsu. The conversation covers key performance metrics (time and return), the skills required for successful stock picking (identifying, analysis, buying, selling, and holding), and the importance of adapting investment strategies. Ian emphasizes that while stock picking is an art, the end result is objectively judged by performance, and he outlines the track record qualifications for each investor category. He also discusses the balance between capital preservation and absolute returns, the importance of competing against the S&P 500 as a benchmark, and the traps investors can fall into, highlighting the need for continuous self-improvement and a realistic understanding of the market.
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