Andrew Marks

It's just you sort of do what you think is right for you.

I think learning and evolution are really important.

Learning at our firm is really important to us.

And it's just important to who we are as people and continuing to try and expand our competencies and rub our nose in the many mistakes we make and all that type of stuff.

And so I think you have to find something that suits you, but you also can't get too hung up in your comfort zone and just say, well, this doesn't fit in my comfort zone.

So I'm just going to totally ignore that.

And you guys talked about this on your

I mean, one critique you could make of Buffett is he just totally ignored technology.

And technology not only became much more pervasive, but I also think that, I mean, he's an incredibly smart guy and he understands lots of different elements of business and technology.

When he talked about technology, I think he was referring to science projects, where your technical advantage is what will allow your business to succeed over time.

But there are lots and lots of technology companies where what they do is not so incredibly cutting edge.

And really what powers their business is moats that are very similar to other sorts of things.

You also had Hamilton Helmer on here.

And a lot of those sort of moats traverse both technology and non-technology businesses.

So I have no doubt that Buffett could have totally nailed it, but it was just not in his comfort zone.

Yeah, I mean, I would say it comes from, probably comes from a lot of different places, but some ideas would be some combination of sort of deep knowledge and understanding of what you're doing and a real framework for what matters and what doesn't and why.

I would say rationality, which is the ability to think logically and not emotionally, which sort of dovetails with knowing yourself and being able to know where your biases will infect the decision-making process.

And then I think there's intellectual humility that comes with it, knowing that there's a good chance that you can be wrong, even if all those things are true and

And also knowing what you don't know.

So knowing where you can't opine and where you have to learn and where you should seek others and things like that.