IN THIS EPISODE, YOU'LL LEARN:<ul><li>00:03:02 - How Guy Spier’s ancestors lost their family fortune and became refugees in the 1930s.</li><li>00:11:41 - How Guy was shaped by this story and embarked on a quest to restore their lost fortune.</li><li>00:24:20 - Why investors need to recognize that nothing is stable and everything changes.</li><li>00:28:12 - Why Guy settled in Switzerland and why he worries about the future of the U.S.</li><li>00:35:34 - Why he doesn’t like Bitcoin or gold, preferring to own “productive assets.”</li><li>00:45:11 - Why it’s critical to invest in a way that’s true to your own nature.</li><li>00:51:00 - Why so many highly intelligent and talented fund managers end up failing.</li><li>00:59:45 - How the crash of overvalued growth stocks proves again that “price really does matter.”</li><li>01:03:17 - Why Nick Sleep’s concept of “destination analysis” is such a valuable filter for investors.&nbsp;</li><li>01:14:08 - How to prosper by owning great businesses that occupy the “economic high ground.”&nbsp;</li><li>01:27:00 - Why it’s so important to size your bets correctly and not get too carried away.</li><li>01:36:31 - How Guy clones people like Warren Buffett and Mike Ovitz, yet tries to be true to himself.</li><li>01:44:34 - How Buffett taught him that every person is an equal soul and should carry equal weight.</li><li>01:48:38 - What Buffett figured out about the benefits of becoming more lovable and kinder.</li></ul>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCES:<ul><li>Related Episode: Part 2 of William Green's interview with Guy Spier - <a href="https://www.theinvestorspodcast.com/richer-wiser-happier/high-performance-habits-w-guy-spier/" rel="noopener noreferrer" target="_blank">High-Performance Habits - RWH010</a>.</li><li>Stig and Preston interview Guy Spier about his book,&nbsp;“<a href="https://www.theinvestorspodcast.com/episodes/tip168-guy-spier-the-education-of-a-value-investor/" rel="noopener noreferrer" target="_blank">The Education of a Value Investor</a>.”</li><li>Stig and Preston interview Guy Spier about his $650,100&nbsp;<a href="https://www.theinvestorspodcast.com/episodes/guy-spier-my-lunch-with-warren-buffett/" rel="noopener noreferrer" target="_blank">lunch with Warren Buffett</a>.&nbsp;</li><li>Guy Spier’s book, “The Education of a Value Investor" –&nbsp;<a href="https://www.amazon.com/Education-Value-Investor-Transformative-Enlightenment-ebook/dp/B00KF2JU2W?crid=27FSCXHXD3724&keywords=The+Education+of+a+Value+Investor&qid=1642010969&s=digital-text&sprefix=the+education+of+a+value+investor%2Cdigital-text%2C332&sr=1-1&linkCode=ll1&tag=tipnetwork-20&linkId=f7f778c2258fde1ed5ade752fe935c19&language=en_US&ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank">Read reviews of the book</a>.</li><li>Subscribe to Guy Spier’s&nbsp;<a href="https://www.guyspier.com/newsletter/" rel="noopener noreferrer" target="_blank">Free Newsletter</a>.</li><li>Guy Spier’s&nbsp;<a href="https://www.guyspier.com/" rel="noopener noreferrer" target="_blank">podcast and website</a>.</li><li>Guy Spier <a href="https://www.guyspier.com/conversation-with-william-green/" rel="noopener noreferrer" target="_blank">interviews</a> William Green about his book, “Richer, Wiser, Happier.”&nbsp;</li><li>William Green’s book, “Richer, Wiser, Happier” – <a href="https://www.amazon.com/Richer-Wiser-Happier-Greatest-Investors/dp/1501164856" rel="noopener noreferrer" target="_blank">read the reviews of this book</a>.</li><li>William Green’s <a href="https://twitter.com/williamgreen72" rel="noopener noreferrer" target="_blank">Twitter</a>.</li><li>Our tool for picking stock winners and managing our portfolios:&nbsp;<a href="https://www.theinvestorspodcast.com/tip-finance/" rel="noopener noreferrer" target="_blank">TIP Finance Tool</a>.</li><li>Check out our&nbsp;<a href="https://www.theinvestorspodcast.com/affiliates/" rel="noopener noreferrer" target="_blank">favorite Apps and Services</a>.</li><li>Browse through all our episodes (complete with transcripts)&nbsp;<a href="https://www.theinvestorspodcast.com/richer-wiser-happier/" rel="noopener noreferrer" target="_blank">here.</a></li><li>Find Pros & Fair Pricing for Any Home Project for Free with&nbsp;<a href="http://angi.com/" rel="noopener noreferrer" target="_blank">Angi</a>.</li><li>Help protect your family’s financial future with&nbsp;<a href="https://tdinsurance.com/termlife" rel="noopener noreferrer" target="_blank">TD Term Life Insurance</a>.</li><li>Invest in high quality, cash flowing real estate without all of the hassle with&nbsp;<a href="https://www.passiveinvesting.com/" rel="noopener noreferrer" target="_blank">Passive Investing</a>.</li><li>Take the next step in your working-life or get ready for a change, by being a&nbsp;<a href="https://snooze.com.au/" rel="noopener noreferrer" target="_blank">Snooze</a>&nbsp;franchise partner. To learn more, head to&nbsp;<a href="http://snooze.com.au/" rel="noopener noreferrer" target="_blank">Snooze.com.au</a>&nbsp;and scroll down the page for “franchising”.</li><li>Try out&nbsp;<a href="https://rhoback.com/" rel="noopener noreferrer" target="_blank">Rhoback</a>’s performance polos, q-zips, or hoodies and bring a new meaning to the word comfortable. Use the code STUDY and get 20% off your first order.</li><li>Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with&nbsp;<a href="https://avast.com/" rel="noopener noreferrer" target="_blank">Avast One</a>.</li><li>Personalize your plans in improving your metabolism, reducing stress, improving sleep, and omptimizing your health with InsideTracker. Use discount code TIP to get 20% off the entire&nbsp;<a href="https://insidetracker.com/TIP" rel="noopener noreferrer" target="_blank">InsideTracker</a>&nbsp;store.</li><li>Get the most from your bitcoin while holding your own keys with&nbsp;<a href="http://unchained.com/concierge" rel="noopener noreferrer" target="_blank">Unchained Capital</a>. Begin the concierge onboarding process on their site. At the checkout, get $50 off with the promo code FUNDAMENTALS.</li><li>Reclaim your health and arm your immune system with convenient, daily nutrition.&nbsp;<a href="http://athleticgreens.com/WSB" rel="noopener noreferrer" target="_blank">Athletic Greens</a>&nbsp;is going to give you a FREE 1 year supply of immune-supporting Vitamin D AND 5 FREE travel packs with your first purchase.</li><li>Support our free podcast by supporting our&nbsp;<a href="https://theinvestorspodcast.com/sponsors" rel="noopener noreferrer" target="_blank">sponsors</a>.</li></ul>HELP US OUT!Help us reach new listeners by leaving us a&nbsp;<a href="https://docs.google.com/presentation/d/1Rnl5KGxmrYISQ7UfbEREMN-AD6b40i6CwWUbXaTabmI/edit" rel="noopener noreferrer" target="_blank">rating and review</a>&nbsp;on&nbsp;<a href="https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489" rel="noopener noreferrer" target="_blank">Apple Podcasts</a>! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.

Podurama

Home

Trending

Personal

Your Podcasts

New Episodes

My Files

Favourite Episodes

Tags (Folders)

Recently Played

Bookmarks

Followed Playlists

RWH009: How to Build Enduring Wealth w/ Guy Spier (Part 1)

We Study Billionaires - The Investor’s Podcast Network