IN THIS EPISODE YOU’LL LEARN:<ul><li>02:54 - What it means to have a “Money Mind”.</li><li>10:08 - How Warren's father’s Libertarian viewpoints rubbed off on Warren’s business mind.</li><li>24:29 - How Buffett continued to evolve as an investor as the investment landscape changed.</li><li>29:24 - Tom Gayner’s description of the three stages of value investing that has played out over time.</li><li>36:15 - How Bill Miller helped value investors realize that value is sometimes found in the most unexpected places.</li><li>45:04 - How Buffett’s mindset differs from that of academics.</li><li>45:23 - Why Buffett views stock market volatility as an opportunity rather than the risk in a company.</li><li>50:21 - Why investors focused on the process rather than the outcome are better positioned to succeed in the long run.</li></ul>Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCES<ul><li>Tune into the recent We Study Billionaire’s episode covering <a href="https://link.chtbl.com/WSB511" rel="noopener noreferrer" target="_blank">Peter Lynch</a>.</li><li>Learn about <a href="https://link.chtbl.com/WSB508" rel="noopener noreferrer" target="_blank">Buffett's Purchase of TSM & Meta "Doomsday" Analysis</a>.</li><li>Robert Hagstrom’s books: <a href="https://www.amazon.com/Warren-Buffett-Inside-Ultimate-Money-ebook/dp/B08XG58FK1?crid=1HO5UPB2GEKKG&keywords=robert+hagstrom&qid=1672088528&sprefix=robert+hagstrom%2Caps%2C123&sr=8-3&linkCode=ll1&tag=tipnetwork-20&linkId=6cec4522db640964d17036488291d6df&language=en_US&ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank">Inside the Ultimate Money Mind</a>, <a href="https://www.amazon.com/Warren-Buffett-Way-Robert-Hagstrom-ebook/dp/B00FAMMZN8?crid=1HO5UPB2GEKKG&keywords=robert+hagstrom&qid=1672088528&sprefix=robert+hagstrom%2Caps%2C123&sr=8-1&linkCode=ll1&tag=tipnetwork-20&linkId=8f1d54c5f46da169118eca8087146bc1&language=en_US&ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank">The Warren Buffett Way</a>, & <a href="https://www.amazon.com/Warren-Buffett-Portfolio-Mastering-Investment-ebook/dp/B001GXQOJ6?crid=1HO5UPB2GEKKG&keywords=robert+hagstrom&qid=1672088528&sprefix=robert+hagstrom%2Caps%2C123&sr=8-2&linkCode=ll1&tag=tipnetwork-20&linkId=153dc947647aa6c2749e11a5acc9917b&language=en_US&ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank">The Warren Buffett Portfolio</a>.</li><li>Follow Clay on <a href="https://twitter.com/Clay_Finck" rel="noopener noreferrer" target="_blank">Twitter</a>.</li></ul>NEW TO THE SHOW?<ul><li>Check out our <a href="https://www.theinvestorspodcast.com/we-study-billionaires-starter-packs/" rel="noopener noreferrer" target="_blank">We Study Billionaires Starter Packs</a>.</li><li>Browse through all our episodes (complete with transcripts) <a href="https://www.theinvestorspodcast.com/we-study-billionaires/" rel="noopener noreferrer" target="_blank">here</a>.</li><li>Try our tool for picking stock winners and managing our portfolios: <a href="https://www.theinvestorspodcast.com/tip-finance/" rel="noopener noreferrer" target="_blank">TIP Finance Tool</a>.</li><li>Enjoy exclusive perks from our <a href="https://www.theinvestorspodcast.com/affiliates/" rel="noopener noreferrer" target="_blank">favorite Apps and Services</a>.</li><li>Stay up-to-date on financial markets and investing strategies through our daily newsletter, <a href="https://www.theinvestorspodcast.com/newsletters/" rel="noopener noreferrer" target="_blank">We Study Markets.</a></li></ul>P.S The Investor’s Podcast Network is excited to launch a <a href="https://clicks.aweber.com/y/ct/?l=7HQTa&m=3hIUiG6T8vBkNOB&b=8NVZC.qh9__ur.qME8mcEQ" rel="noopener noreferrer" target="_blank">subreddit</a> devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit <a href="https://clicks.aweber.com/y/ct/?l=7HQTa&m=3hIUiG6T8vBkNOB&b=8NVZC.qh9__ur.qME8mcEQ" rel="noopener noreferrer" target="_blank">r/TheInvestorsPodcast</a> today!SPONSORS<ul><li>Get position and investment info for nearly 6,000 Asset Management Companies with&nbsp;<a href="https://www.moomoo.com/" rel="noopener noreferrer" target="_blank">Moomoo</a>, Australia’s first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.</li><li>Get personalized, expert advice that helps you see things clearly with&nbsp;<a href="https://www.atb.com/WhatIf" rel="noopener noreferrer" target="_blank">ATB</a>.</li><li>If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. 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TIP513: Warren Buffett's Money Mind

We Study Billionaires - The Investor’s Podcast Network