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Start with a problem and not with a solution. Specially a good problem to solve. How do you know if it’s a good problem to solve? Im my experience using Buffet
by pryelluw 5y ago
Start with a problem and not with a solution. Specially a good problem to solve. How do you know if it’s a good problem to solve?
Im my experience using Buffet’s approach to investing works well. Invest in good companies at a fair price and not in fair companies at a good price.
That means that the problem will usually have a higher cost to solve (time, effort, money).
Now, this is my opinion. Take it with a grain of salt. In the end, a focused approach to problem finding tends to work best.