Great investors (Warren Buffett, Charlie Munger, Tiger Cubs, Julian Robertson's protégés, etc.) have a deliberate process for consciously changing their mindsets over time to adapt; this is distinct from intelligence and is a learnable skill.

factualpending

Speaker

Alex Pascet

Evidence Quote

If you see investors that have improved over long periods of time, they had a process for consciously changing their mindsets... You saw Warren do it... Charlie do it... Tiger Cubs... Julian... Tiger Grand Cubs. [46:16]

Source

Hedge Fund Manager Alix Pasquet: Why Smart People Lose MoneyOdds on Open
Created: 8/12/2026, 10:28:18 PM

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