IN THIS EPISODE, YOU’LL LEARN:<ul><li>05:54 - How Warren Buffett and Charlie Munger met.</li><li>07:07 - Why it’s important to embrace lifelong learning.</li><li>09:27) - Why Charlie Munger uses mental models to think and invest.</li><li>00:15:53 - How Charlie Munger changed Buffett’s investing strategy.</li><li>20:47 - Why we should continuously challenge and reexamine our worldview.</li><li>29:22) - Why Munger concentrates his personal investment portfolio.</li></ul>Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCES<ul><li>Learn about the best investor you’ve never heard of –&nbsp;<a href="https://www.theinvestorspodcast.com/episodes/the-best-investor-youve-never-heard-of/" rel="noopener noreferrer" target="_blank">Nick Sleep</a>.</li><li>Check out Clay’s Intrinsic Value Analysis of&nbsp;<a href="https://www.theinvestorspodcast.com/episodes/intrinsic-value-analysis-of-dollar-general-apple/" rel="noopener noreferrer" target="_blank">Dollar General & Apple</a>.</li><li>Listen to Clay’s previous episode covering&nbsp;<a href="https://www.theinvestorspodcast.com/episodes/warren-buffetts-12-investment-principles-with-a-case-study/" rel="noopener noreferrer" target="_blank">Warren Buffett’s 12 Investment Principles</a>.</li><li>Check out&nbsp;<a href="https://www.amazon.com/Poor-Charlies-Almanack-Charles-Expanded/dp/1578645018?keywords=poor+charlie+almanack&qid=1667759702&sprefix=poor+charlies+al%2Caps%2C395&sr=8-1&ufe=app_do%3Aamzn1.fos.fa474cd8-6dfc-4bad-a280-890f5a4e2f90&linkCode=ll1&tag=tipnetwork-20&linkId=0747ca61366057b9031e97dc9fc169e9&language=en_US&ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank">Poor Charlie’s Almanack</a>.</li><li>William Green’s book –<a href="https://www.amazon.com/Richer-Wiser-Happier-Greatest-Investors/dp/B08CVR78CH?crid=W9RKK4DIDEQJ&keywords=richer+wiser+happier+william+green&qid=1667271540&qu=eyJxc2MiOiIxLjc1IiwicXNhIjoiMS41MSIsInFzcCI6IjEuNzIifQ%3D%3D&s=audible&sprefix=richer+w%2Caudible%2C394&sr=1-1&linkCode=ll1&tag=tipnetwork-20&linkId=51d7709daf951eda37695731509a8c15&language=en_US&ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank">&nbsp;Richer, Wiser, Happier.</a></li><li>Follow Clay on&nbsp;<a href="https://twitter.com/Clay_Finck" rel="noopener noreferrer" target="_blank">Twitter</a>&nbsp;and&nbsp;<a href="https://www.instagram.com/clay.finck/" rel="noopener noreferrer" target="_blank">Instagram</a>.</li></ul>NEW TO THE SHOW?<ul><li>Check out our&nbsp;<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)&nbsp;<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:&nbsp;<a href="https://www.theinvestorspodcast.com/tip-finance/" rel="noopener noreferrer" target="_blank">TIP Finance Tool</a>.</li><li>Enjoy exclusive perks from our&nbsp;<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">&nbsp;We Study Markets.</a></li></ul>P.S The Investor’s Podcast Network is excited to launch a&nbsp;<a href="https://clicks.aweber.com/y/ct/?l=7HQTa&m=3hIUiG6T8vBkNOB&b=8NVZC.qh9__ur.qME8mcEQ" rel="noopener noreferrer" target="_blank">subreddit</a>&nbsp;devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit&nbsp;<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>&nbsp;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>Find an advisor who’s invested in you with&nbsp;<a href="https://investia.ca/" rel="noopener noreferrer" target="_blank">iA Financial Services Inc</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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TIP494: The Worldly Wisdom of Charlie Munger

We Study Billionaires - The Investor’s Podcast Network