In the end the biggest lesson that I took away from meeting with Guy and reading his book is that we need to stop living our life through other people. I can play basketball every day for 18 hours and I’m never going to be Michael Jordan. I can study financial reports until I’m blue in the face and I’m never going to be the next Warren Buffett.
In the end The Education of a Value Investor, is an important reminder that we need to be more authentic versions of ourselves. We need to do what is right for us and that might not be what is right for others. We need to stop pretending to be other people and compromising our internal standards or ethics. We need to find who we are and how we want to live. “Instead of trying to compete with Buffett,” Guy writes, “I should focus on the real opportunity, which is to become the best version of Guy Spier that I can be.”
- Farnam Street's notes on the book The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment
by Guy Spier
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