1) I think it is important to have a wide range of mentors early in an investing career.
Investment success comes down to finding a philosophy and process that fits one’s individual emotional makeup and lets one be rational when wrong.
2) If you only have 1 mentor, the odds that their philosophy and process are a great fit for your own emotional makeup is low and yet it is hard to not adopt their philosophy.
3) And if a wide range of mentors are not readily available, then there has been a vast amount written on investing.
4) But be careful to read a diverse set of investing books - not just Benjamin Graham and books 1 through 1000 on Buffett.
Expose yourself to a wide range of investing philosophies and find the one that works for you.
5) And then move on to acquiring domain expertise once you have found a philosophy and process that works for you.
All the best investors I know spend vastly more time learning companies than they do studying the craft of investing.
You can follow @GavinSBaker.
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