IN THIS EPISODE, YOU'LL LEARN:<ul><li>02:30 - What Warren Buffett’s 12 investment principles are.</li><li>08:26 - Why Buffett has largely avoided technology companies over his career.</li><li>14:07 - Why Buffett loves companies that repurchase shares.</li><li>28:32 - Tips that Buffett shares to help us assess a management team.</li><li>31:02 - How to calculate the intrinsic value of a company.</li><li>37:50 - Why investing psychology is critical to understand.</li><li>51:36 -How Coca-Cola fit perfectly into these 12 principles.&nbsp;</li></ul>Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCES<ul><li>Clay’s previous episode covering <a href="https://buff.ly/3rBUtDe" rel="noopener noreferrer" target="_blank">How Warren Buffett Became the Greatest Investor to Ever Live</a>.</li><li>Robert Hagstrom’s book - <a href="https://www.amazon.com/The-Warren-Buffett-Way-audiobook/dp/B00FBFSJ0M?keywords=the+warren+buffett+way&qid=1663959195&s=audible&sprefix=the+warren+buff%2Caudible%2C148&sr=1-1&linkCode=ll1&tag=tipnetwork-20&linkId=e19c12bcd92b73a9ec527c417ef916b6&language=en_US&ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank">The Warren Buffett Way</a>.</li><li>Follow Clay on <a href="https://twitter.com/Clay_Finck" rel="noopener noreferrer" target="_blank">Twitter</a> and <a href="https://www.instagram.com/clay.finck/" rel="noopener noreferrer" target="_blank">Instragram</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"> 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>Take a position daily on potential price movements, and gain exposure while limiting risk with&nbsp;<a href="https://eventtrader.interactivebrokers.com/" rel="noopener noreferrer" target="_blank">Interactive Brokers</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>Build a plan that helps you strengthen your financial security with&nbsp;<a href="https://rbcwealthmanagement.com/plan" rel="noopener noreferrer" target="_blank">RBC Wealth Management</a>. RBC capital markets LLC, member NYSE, FINRA, SIPC.</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. Find out if your business qualifies with&nbsp;<a href="https://getrefunds.com/" rel="noopener noreferrer" target="_blank">Innovation Refunds</a>.</li><li>More wealth, more purpose, or making more of a difference?&nbsp;<a href="http://commbank.com/success" rel="noopener noreferrer" target="_blank">Commonwealth Private</a>&nbsp;helps you create more of yours - with exceptional service and experts who meticulously tailor opportunities for you.</li><li>Get access to great value basic health insurance that's simple to understand with&nbsp;<a href="https://www.frankhealthinsurance.com.au/" rel="noopener noreferrer" target="_blank">Frank Health Insurance</a>.</li><li>Start building a portfolio of alternative farm and timberland assets with&nbsp;<a href="https://go.acretrader.com/wsb" rel="noopener noreferrer" target="_blank">AcreTrader</a>.</li><li>See the potential of your business. Find solutions that work for you, that tick bigger boxes and help you grow with&nbsp;<a href="https://squareup.com/" rel="noopener noreferrer" target="_blank">Square</a>.</li><li>When you want to be a better problem solver, therapy can get you there. Visit&nbsp;<a href="https://betterhelp.com/rwh" rel="noopener noreferrer" target="_blank">BetterHelp</a>&nbsp;today to get 10% off your first month.</li><li>Throw out the old traditions and get progressive. Discover the complete package - smart design, lots to love under the hood with&nbsp;<a href="https://genesis.com/" rel="noopener noreferrer" target="_blank">Genesis</a>.</li><li>Enjoy a 400-calorie meal that contains 40g of expertly sourced, premium plant protein, all 26 essential vitamins and minerals, and a scientifically calibrated mix of carbs, good fats and fiber with&nbsp;<a href="https://huel.com/billionaires" rel="noopener noreferrer" target="_blank">Huel</a>&nbsp;Black Edition. Plus, get a free t-shirt and free shaker with your first order.</li><li>Have gold and silver shipped directly to your door for you to hold at your home. Get&nbsp;<a href="https://bullionmax.com/wsb" rel="noopener noreferrer" target="_blank">BullionMax</a>’s Gold Investor Kit today - 3 ounces of the world’s most desirable gold coins, including the Gold American Eagle and Canadian Maple Leaf.</li><li>Invest in your best rest today with&nbsp;<a href="https://brooklinen.com/" rel="noopener noreferrer" target="_blank">Brooklinen</a>. Enjoy $20 off your order and free shipping on orders of $100+ with code INVESTORS.</li><li>Start printing everything your small business needs and discover the endless printabilities with&nbsp;<a href="https://vistaprint.com.au/" rel="noopener noreferrer" target="_blank">VistaPrint</a>.</li><li>Private assets represent 98% of companies in North America but are absent in most portfolios. Reconstruct your portfolio with private markets with&nbsp;<a href="https://mackenzieinvestments.com/" rel="noopener noreferrer" target="_blank">Mackenzie Investments</a>.</li><li>Whether you’re exploring ways to manage volatility, seeking income and diversification opportunities, or looking for tax management strategies-&nbsp;<a href="https://invesco.com/ETFSolutions" rel="noopener noreferrer" target="_blank">Invesco</a>&nbsp;has over 200 ETFs to help you meet your financial goals. Visit&nbsp;<a href="http://invesco.com/" rel="noopener noreferrer" target="_blank">invesco.com</a>&nbsp;for a prospectus with this information.</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>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>Enjoy 10% off your first booking in&nbsp;<a href="https://www.viator.com/" rel="noopener noreferrer" target="_blank">Viator</a>’s world of over 300,000 experiences you’ll remember. Download the Viator app now and use code&nbsp;VIATOR10.</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

TIP487: Warren Buffett’s 12 Investment Principles (with a Case Study)

We Study Billionaires - The Investor’s Podcast Network