Speaker compares learning chess to learning investing: study the games/moves of masters (grandmasters in chess; Warren Buffett, Charlie Munger, Ray Dalio, Howard Marks in investing) as a core learning method, and emphasizes continuous learning. The speaker ends with a reflective question to the audience: 'Are you learning to invest or are you investing to learn?'
Where we learn chess. You learn from the great grandmasters, world champions. Very, very important. You basically analyze games of the masters, and you do the same in investing. You study Warren Buffett, Charlie Munger, Ray Dalio, Howard Marks and many others. Brilliant minds, Very, very important part of the learning process. So you study their games, you study their moves, you see their conclusions. So it's very important. Investing and in chess, to be constantly learning. I literally have this question constantly on my head, and I ask myself a question, and I ask the question to the audience, are you learning to invest or you're investing to learn?
