Sunday, January 7, 2018

Take a simple idea and take it seriously...

From the beginning of Mohnish Pabrai's Lecture at Boston College a few weeks ago (and slightly edited for clarity):
There's a saying...'Take a simple idea and take it seriously.' And I think that's a really important thing to keep in mind. And I think when you look at lots and lots of extremely successful people right at the pinnacle of their careers, when you break it down, that quote is at the epicenter of how they got there. Usually it's not something earth-shattering. Usually it's something very simple, but they were intense about it, and they were just fanatical about it. And that's usually the fanaticism and intensity around a simple idea that gets you to the promised land.
....................

Related previous posts:

The world's best companies are built by fanatics...

Charlie Munger on high quality businesses and management

Finding an edge, and the intelligent fanatic that was Sam Walton