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- He believes overregulation has made it too expensive for smaller companies to go public, depriving individual investors of opportunities to invest in high-growth businesses.
Learning from Mistakes
Greenblatt emphasizes the importance of actually investing real money, even if it's a small amount, to truly learn from mistakes.
He and his partner have made many mistakes over the years, but have learned from them and continued to be successful long-term investors.
Overall, Greenblatt's insights highlight the value of patience, fundamental analysis, and a willingness to learn from both successes and failures in investing.