William Green highlights essential truths about investing, business & life that emerged from two of his favorite interviews with Howard Marks and Nima Shayegh. This episode also explores powerful lessons on resilience from Bill Miller & Epictetus.

IN THIS EPISODE YOU’LL LEARN:
00:00:00 - Intro
00:04:31 - How investing legend Howard Marks views the euphoria over AI
00:11:10 - What potential mistakes he warns against in this environment
00:13:23 - What essential lessons William Green has learned from Howard
00:23:00 - How Howard keeps an even keel amid extreme uncertainty
00:26:09 - Why Howard, like Einstein, doesn’t think much about the future
00:34:19 - Why investing early & not “tampering” is the key to success
00:38:39 - How Nima Shayegh looks beyond numbers to find great stocks
00:44:19 - How to harness intuition & emotion in the investment process
00:49:13 - How products from Tesla & Amazon inspire “blown-awayness”
00:57:10 - What Nima learned from his famed mentor, Lou Simpson
01:04:38 - How Lou’s success was built on humility
01:19:55 - How Lou & Nima inspire William’s yearning for a spacious life
01:23:56 - How to handle suffering with help from Bill Miller & Epictetus
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES
<ul>
 <li>Join the exclusive <a href="https://www.theinvestorspodcast.com/mastermind-2/">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TIP Mastermind Community⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a> to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.</li>
 <li>Inquire about William Green’s <a href="https://williamgreenwrites.com/masterclass/">⁠⁠⁠⁠⁠⁠Richer, Wiser, Happier Masterclass⁠⁠⁠⁠⁠⁠</a>.</li>
 <li>Howard Marks’ Memos: <a href="https://www.oaktreecapital.com/docs/default-source/memos/the-complete-collection.pdf?sfvrsn=58102966_3">The Complete Collection</a>.</li>
 <li>Edward Chancellor's <a href="https://www.amazon.com/Devil-Take-Hindmost-Financial-Speculation/dp/0452281806">Devil Take the Hindmost</a>.</li>
 <li>Allen Benello, Michael van Biema, Tobias Carlisle's 
<a href="https://www.amazon.com/Concentrated-Investing-Strategies-Greatest-Investors/dp/1119012023">⁠Concentrated Investing.⁠</a>
</li>
 <li>William Green’s <a href="https://www.theinvestorspodcast.com/richer-wiser-happier/avoid-disaster-w-howard-marks/">podcast interview</a> with Howard Marks.</li>
 <li>William Green’s <a href="https://www.theinvestorspodcast.com/richer-wiser-happier/a-soulful-path-to-stellar-returns-w-nima-shayegh/">podcast interview</a> with Nima Shayegh.</li>
 <li>William Green’s book, <a href="https://www.amazon.com/Richer-Wiser-Happier-Greatest-Investors/dp/1501164856?&linkCode=ll1&tag=tipnetwork-20&linkId=b4491ba3e18f0d3f393769adc77f1d7f&language=en_US&ref_=as_li_ss_tl">⁠⁠Richer, Wiser, Happier⁠⁠</a>.</li>
 <li>Follow William Green on <a href="https://x.com/williamgreen72">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠X⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a>.</li>
 <li>Related <a href="https://prodcast.io/collections/we-study-billionaires-the-investor-s-podcast-network">⁠⁠⁠⁠⁠⁠⁠⁠⁠books⁠⁠⁠⁠⁠⁠⁠⁠⁠</a> mentioned in the podcast.</li>
 <li>Ad-free episodes on our <a href="https://premium.theinvestorspodcast.com/">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠Premium Feed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a>.
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SPONSORS
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<a href="https://financialfreedomreport.org">⁠Human Rights Foundation⁠</a>
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<a href="https://simplemining.io/preston">⁠Simple Mining⁠</a>
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