What is the Buffett's two list rule?
Could you please elaborate on the concept of Buffett's two list rule? I'm interested in understanding how this strategy works in the world of investing and finance. Specifically, how does one go about creating these two lists, and what criteria are typically used to determine what belongs on each? Is this a rule that's particularly relevant to cryptocurrency investments, or is it more broadly applicable across various investment portfolios? I'd appreciate any insights or examples you can provide to help me grasp the essence of this rule.