I love Mohnish's idea that investment management should be set up where men of leisure go about their leisurely tasks and then when the world gets severely fearful, they put aside their leisurely tasks and go to work (6:12 mark in video).
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Mohnish's discussion on entrepreneurs reminded me of Malcolm Gladwell's article "The Sure Thing", which is one of my all-time favorite articles. Link to "The Sure Thing": Abstract or on Scribd.
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