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The Knowledge Project #207 · December 3, 2024 · 1h 30m

Adam Karr: How to Think (and Work) Like a Billion Dollar Investor

Adam Karr — long-term concentrated value investor. How to build conviction in a few ideas, manage risk through position sizing, and maintain temperament when markets panic.

Highlights

Concentration requires conviction, and conviction requires deep work
Karr runs a concentrated portfolio — a few big bets. This requires understanding each company better than anyone else.