he is interested in a simple investment strategy that allows him to post superior results over the long term, the foundation of which is trying not to do anything stupid. To Charlie, being stupid means spending more for a business than you get in value.
A simple strategy in a field full of complexity and smart folks is an advantage.
Conversely, if you’re one of the strong swimmers, be cautious of your complicated and complex ideas. You can get a lot out of simplicity as well.
