EPISODE · May 2, 2025 · 10 MIN
Rational Exuberance
from The Little Book of Common Sense Investing in English · host Raja Babu
Chapter Two Rational Exuberance - Business Reality Trumps Market Expectations. THAT WONDERFUL PARABLE ABOUT the Gotrocks family in Chapter 1 brings home the central reality of investing: “The most that owners in the aggregate can earn between now and Judgment Day is what their business in the aggre- gate earns,” in the words of Warren Buffett.
What this episode covers
Chapter Two Rational Exuberance - Business Reality Trumps Market Expectations. THAT WONDERFUL PARABLE ABOUT the Gotrocks family in Chapter 1 brings home the central reality of investing: “The most that owners in the aggregate can earn between now and Judgment Day is what their business in the aggre- gate earns,” in the words of Warren Buffett.
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Rational Exuberance
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