Podurama logo

 Podurama

 

Home

 

Trending

 

Personal

 

Your Podcasts

 

New Episodes

 

My Files

 

Favourite Episodes

 

Tags (Folders)

 

Recently Played

 

Bookmarks

 

Followed Playlists

YOUR PLAYLISTS

We Study Billionaires - The Investor’s Podcast Network podcast

…

We Study Billionaires - The Investor’s Podcast Network

…

·

  The Investor's Podcast Network  

We interview and study famous financial billionaires, including Warren Buffett, Ray Dalio, and Howard Marks, and teach you what we learn and how you can apply their investment strategies in the stock market. We Study Billionaires is the largest stock investing podcast show in the world with 180,000,000+ downloads and is hosted by Stig Brodersen, Preston Pysh, William Green, Clay Finck, and Kyle Grieve. This podcast also includes the Richer Wiser Happier series hosted by best-selling author William Green. William regularly interviews legendary investors such as Mohnish Pabrai and Guy Spier, exploring what they can teach us about how to succeed in markets and life. And finally, our Bitcoin Fundamentals series is hosted by Preston Pysh, where he interviews prominent figures in the Bitcoin and macroeconomic space. To learn more about TIP, you can visit theinvestorspodcast.com or subscribe to our free daily newsletter here. Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

We interview and study famous financial billionaires, including Warren Buffett, Ray Dalio, and Howard Marks, and teach you what we learn and how you can apply their investment strategies in the stock market. We Study Billionaires is the largest stock investing podcast show in the world with 180,000,000+ downloads and is hosted by Stig Brodersen, Preston Pysh, William Green, Clay Finck, and Kyle Grieve. This podcast also includes the Richer Wiser Happier series hosted by best-selling author William Green. William regularly interviews legendary investors such as Mohnish Pabrai and Guy Spier, exploring what they can teach us about how to succeed in markets and life. And finally, our Bitcoin Fundamentals series is hosted by Preston Pysh, where he interviews prominent figures in the Bitcoin and macroeconomic space. To learn more about TIP, you can visit theinvestorspodcast.com or subscribe to our free daily newsletter here. Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

 

All

Progress

Duration

Release Date

#974

TIP685: Top Takeaways From 2024 w/ Kyle Grieve & Clay Finck

In today's episode, Kyle Grieve is joined by co-host Clay Finck to summarize key learnings from 2024. We chat about the importance of focus and avoiding confusing noise, data that shows how difficult individual stock picks are to succeed in, why you should welcome disconfirming evidence, the impermanence of seemingly impenetrable businesses, how to close feedback loops to ensure investments are on the right track, the importance of being trustworthy and reliable, and much more! IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 03:11 - Why investors need to focus on the things that matter and how to avoid spending time on noise. 09:19 - Why investors should be aware of the base rates of success of investing in individual stocks (hint, making money is a lot harder than you think). 25:42 - How you can utilize and search out disconfirming evidence to improve your thinking processes. 29:46 - The impermanence of business success and the importance of updating your thinking when new information becomes available. 33:00 - The three sources of investing returns that drive the performance of a stock. 42:53 - How to use punctuated equilibrium to be active at the correct times and inactive at the proper times. 50:52 - Critical lessons on how to close feedback loops for long-term investors. 1:00:29 - How to utilize the "cone of uncertainty" to signal conviction in great ideas. 1:02:49 - Why a great business can still have times of high uncertainty. 1:07:00 - The importance of being trustworthy and reliable. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Join the exclusive [TIP Mastermind Community] (https://www.theinvestorspodcast.com/mastermind-2/) to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. ---Listen to Clay’s interview with Chris Mayer [here] (https://www.theinvestorspodcast.com/episodes/long-term-compounding-w-chris-mayer/) | YouTube [Video] (https://www.youtube.com/watch?v=1GnT1jxO8uA&t=1s) . ---Listen to Clay’s interview with Hendrick Bessimbinder [here] (https://www.theinvestorspodcast.com/episodes/why-most-stocks-will-lose-you-money-hendrik-bessembinder/) | YouTube [Video] (https://www.youtube.com/watch?v=G9_DqRf6Fto&t=1s) . ---Listen to William Greens’ interview with Bryan Lawrence [here] (https://www.theinvestorspodcast.com/richer-wiser-happier/how-to-beat-the-market-w-bryan-lawrence/) | YouTube [Video] (https://www.youtube.com/watch?v=ggSd95TRBKM&ab_channel=WeStudyBillionaires) . ---Listen to Clay’s interview with Morgan Housel [here] (https://www.theinvestorspodcast.com/episodes/same-as-ever-w-morgan-housel/) | YouTube [Video] (https://www.youtube.com/watch?v=pt6m4JzZJ14&t=1s) . ---Listen to Clay’s interview with John Huber [here] (https://www.theinvestorspodcast.com/episodes/value-investing-fundamentals-w-john-huber/) | YouTube [Video] (https://www.youtube.com/watch?v=AFCtP2EfJs4&t=731s) . ---Listen to Kyle’s review of What I Learned About Investing From Darwin [here] (https://www.theinvestorspodcast.com/episodes/darwins-investing-lessons-w-kyle-grieve/) | YouTube [Video] (https://www.youtube.com/watch?v=0yPSz0woziw&ab_channel=WeStudyBillionaires) . ---Listen to Kyle’s interview with Annie Duke [here] (https://www.theinvestorspodcast.com/episodes/the-art-of-decision-making/) | YouTube [Video] (https://www.youtube.com/watch?v=84Uisiv6VVI&t=1s&ab_channel=WeStudyBillionaires) . ---Listen to Kyle’s review of the Nomad Partnership Letters [here] (https://www.theinvestorspodcast.com/episodes/the-nomad-investment-partnership-way-quality-in-business-and-beyond-w-kyle-grieve/) | YouTube [Video] (https://www.youtube.com/watch?v=QN-32OPTI4g) . ---Listen to Stig’s interview with Mohnish Pabrai [here] (https://www.theinvestorspodcast.com/episodes/the-inner-scorecard-w-mohnish-pabrai/) | YouTube [Video] (https://www.youtube.com/watch?v=8iAbXswCdIA) . ---Follow Kyle on [Twitter] (https://twitter.com/IrrationalMrkts) and [LinkedIn] (https://www.linkedin.com/in/kylegrievetip/) . ---Check out all the books mentioned and discussed in our podcast episodes [here] (https://prodcast.io/wsb) . ---Enjoy ad-free episodes when you subscribe to our [Premium Feed] (https://premium.theinvestorspodcast.com/) . NEW TO THE SHOW? ---Follow our official social media accounts: [X (Twitter)] (https://twitter.com/TIP_Network) | [LinkedIn] (https://www.linkedin.com/company/the-investor's-podcast/) | [Instagram] (https://www.instagram.com/theinvestorspodcastnetwork/) | [Facebook] (https://www.facebook.com/TheInvestorsPodcast) | [TikTok] (https://www.tiktok.com/@theinvestorspodcast) . ---Check out our [We Study Billionaires Starter Packs] (https://www.theinvestorspodcast.com/we-study-billionaires-starter-packs/) . ---Browse through all our episodes (complete with transcripts) [here] (https://www.theinvestorspodcast.com/we-study-billionaires/) . ---Try our tool for picking stock winners and managing our portfolios: [TIP Finance Tool] (https://www.theinvestorspodcast.com/tip-finance/) . ---Enjoy exclusive perks from our [favorite Apps and Services] (https://www.theinvestorspodcast.com/affiliates/) . ---Stay up-to-date on financial markets and investing strategies through our daily newsletter, [We Study Markets] (https://www.theinvestorspodcast.com/newsletters/) . ---Learn how to better start, manage, and grow your business with the [best business podcasts] (https://www.theinvestorspodcast.com/podcasts/20-best-business-podcasts/) . SPONSORS Support our free podcast by supporting our  [sponsors] (https://theinvestorspodcast.com/sponsors) : --- [River] (https://river.com/fundamentals) --- [Toyota] (https://buyatoyota.com/) --- [7-Eleven] (https://7eleven.com.au/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [Public] (https://public.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Toyota] (https://buyatoyota.com/) --- [Onramp] (https://onrampbitcoin.com/) --- [Vanta] (https://www.vanta.com/billionaires) --- [Shopify] (https://shopify.com/wsb) HELP US OUT! Help us reach new listeners by leaving us a  [rating and review] (https://docs.google.com/presentation/d/1Rnl5KGxmrYISQ7UfbEREMN-AD6b40i6CwWUbXaTabmI/edit) on [Spotify] (https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP?si=e77332a33ef04a7c) ! 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! Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) ... Read more

38 mins Ago

1 HR 29 MINS

1:29:34

38 mins Ago

#973

TIP684: Current Market Conditions & Poor Charlie's Almanack w/ Stig Brodersen & Clay Finck

On today’s episode, Clay Finck invites Stig Brodersen to discuss current market conditions and one of Stig’s favorite books — Poor Charlie’s Almanack. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:23 - How Stig and Clay think about today’s market. 08:02 - Why we expect the stock market to continue to hit new all-time highs. 08:02 - How Stig is protecting himself against potential inflation going forward. 39:49 - Why Stig re-reads Poor Charlie’s Almanack each year. 49:55 - The psychological biases we need to be mindful of. 01:02:14 - How the endowment effect can be detrimental to our portfolio’s returns. 01:11:45 - How we can apply Munger’s principle of inversion to our lives and our portfolios. 01:27:00 - How you can attend the live events TIP is hosting in Omaha during the Berkshire weekend. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Join the exclusive [TIP Mastermind Community] (https://www.theinvestorspodcast.com/mastermind-2/) to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. ---Book discussed: [Poor Charlie's Almanack] (https://amzn.to/49IkhTj) . ---Join our highly vetted community of value investors [here] (http://theinvestorspodcast.com/mastermind) . ---Check out Stig’s portfolio [here] (https://www.theinvestorspodcast.com/articles/stig-brodersen-track-record-portfolio/) . ---Email Shawn at [shawn@theinvestorspodcast.com] (mailto:shawn@theinvestorspodcast.com) to attend our free events in Omaha or visit [this page] (https://www.theinvestorspodcast.com/how-to-attend-the-berkshire-hathaway-annual-meeting/) . ---Follow Clay on [Twitter] (https://twitter.com/Clay_Finck) . ---Check out all the books mentioned and discussed in our podcast episodes [here] (https://prodcast.io/wsb) . ---Enjoy ad-free episodes when you subscribe to our [Premium Feed] (https://premium.theinvestorspodcast.com/) . NEW TO THE SHOW? ---Follow our official social media accounts: [X (Twitter)] (https://twitter.com/TIP_Network) | [LinkedIn] (https://www.linkedin.com/company/the-investor's-podcast/) | [Instagram] (https://www.instagram.com/theinvestorspodcastnetwork/) | [Facebook] (https://www.facebook.com/TheInvestorsPodcast) | [TikTok] (https://www.tiktok.com/@theinvestorspodcast) . ---Check out our [We Study Billionaires Starter Packs] (https://www.theinvestorspodcast.com/we-study-billionaires-starter-packs/) . ---Browse through all our episodes (complete with transcripts) [here] (https://www.theinvestorspodcast.com/we-study-billionaires/) . ---Try our tool for picking stock winners and managing our portfolios: [TIP Finance Tool] (https://www.theinvestorspodcast.com/tip-finance/) . ---Enjoy exclusive perks from our [favorite Apps and Services] (https://www.theinvestorspodcast.com/affiliates/) . ---Stay up-to-date on financial markets and investing strategies through our daily newsletter, [We Study Markets] (https://www.theinvestorspodcast.com/newsletters/) . ---Learn how to better start, manage, and grow your business with the [best business podcasts] (https://www.theinvestorspodcast.com/podcasts/20-best-business-podcasts/) . SPONSORS Support our free podcast by supporting our  [sponsors] (https://theinvestorspodcast.com/sponsors) : --- [River] (https://river.com/fundamentals) --- [Toyota] (https://buyatoyota.com/) --- [7-Eleven] (https://7eleven.com.au/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [Public] (https://public.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Toyota] (https://buyatoyota.com/) --- [Onramp] (https://onrampbitcoin.com/) --- [Vanta] (https://www.vanta.com/billionaires) --- [Shopify] (https://shopify.com/wsb) HELP US OUT! Help us reach new listeners by leaving us a  [rating and review] (https://docs.google.com/presentation/d/1Rnl5KGxmrYISQ7UfbEREMN-AD6b40i6CwWUbXaTabmI/edit) on [Spotify] (https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP?si=e77332a33ef04a7c) ! 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! Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm/) Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) ... Read more

20 Dec 2024

1 HR 38 MINS

1:38:26

20 Dec 2024

#972

BTC213: 4Q 2024 Bitcoin Mastermind w/ Joe Carlasare, Jeff Ross, American HODL (Bitcoin Podcast)

Jeff Ross, American Hodl, and Joe Carlasare discuss Bitcoin’s historic price surge to $96,000, the influence of Donald Trump's re-election on crypto policy, and global proposals for Bitcoin reserves. Topics include regulatory challenges, institutional inflows, and game-changing corporate strategies. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 06:58 - Why experts believe $96,000 may not be the top for Bitcoin. 14:10 - The potential impact of Trump’s re-election on U.S. Bitcoin policy. 11:06 - How countries like Brazil and the U.S. are exploring Bitcoin as a strategic reserve asset. 17:38 - The global regulatory landscape: Russia’s legalization and China’s possible policy shifts. 30:57 - Nic Carter’s insights into Chokepoint 2.0 and its implications for crypto innovation. 31:19 - The FDIC’s controversial handling of crypto-friendly banking products. 31:37 - How "pause letters" have stifled crypto innovation in traditional finance. 41:31 - The surge in institutional adoption, including ETF investments and corporate treasury moves. 48:07 - Microstrategy's influence on corporate debt and treasury strategies. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Related Episode: [Bitcoin Mastermind 3rd Quarter 2024] (https://open.spotify.com/episode/6MYe7EDXHlaNQ5UOgjlvkm?si=boqVZhR9TVSSIueMX0o7yw) . ---Related Episode: [Base Fiat Money and Bitcoin w/ Matthew Mežinskis] (https://open.spotify.com/episode/29jZGzNU0V05MpO3sIilz5?si=6OnxgL4STVC4aI4luSkzSA) . ---Related Episode: [Jack Mallers on Bitcoin 2025 Expectations] (https://open.spotify.com/episode/2jgjAtNZ3LWUvdAMyHQQAx?si=GA9g3qUfSA6jo7ZyGTLU5g) . ---American Hodl on  [Nostr] (https://primal.net/p/npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs) . ---Jeff Ross on  [Nostr] (https://primal.net/p/npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l) . ---Joe Carlasare on   [X (Twitter)] (https://x.com/JoeCarlasare) ,  [Nostr] (http://primal.net/p/npub1s9z7pwy96thwt7zvmrlpfnddstezxxphx9rx3m0660sgkwld9eescjnszc) . ---Check out all the books mentioned and discussed in our podcast episodes  [here] (https://prodcast.io/rwh) . ---Enjoy ad-free episodes when you subscribe to our  [Premium Feed] (https://premium.theinvestorspodcast.com/) . SPONSORS Support our free podcast by supporting our  [sponsors] (https://theinvestorspodcast.com/sponsors) : --- [River] (https://river.com/fundamentals) --- [Toyota] (https://buyatoyota.com/) --- [7-Eleven] (https://7eleven.com.au/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [Public] (https://public.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Toyota] (https://buyatoyota.com/) --- [Onramp] (https://onrampbitcoin.com/) --- [Vanta] (https://www.vanta.com/billionaires) --- [Shopify] (https://shopify.com/wsb) Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) ... Read more

18 Dec 2024

1 HR 21 MINS

1:21:28

18 Dec 2024

#971

TIP683: The Evolution of a Legend: Lessons from Charlie Munger’s Life and Investments w/ Kyle Grieve

In today's episode, Kyle Grieve explores the life of Charlie Munger, drawing insights from his biography Damn Right!. He’ll cover Charlie’s similarities and differences with Benjamin Graham, the value of dedicating an hour a day to thinking, the role of decisiveness and conviction in transformative investments, and how independent thinking shaped his life. Plus, he’ll discuss lessons from his days practicing law, key takeaways from his investment partnership, and much more! IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 03:25 - How Charlie Munger’s approach to investing was more similar to Benjamin Graham than most think. 13:08 - How selling himself just one hour a day transformed Charlie’s thinking. 14:36 - Learn about Charlie’s multi-billion-dollar missed opportunity. 25:22 - Lessons from Munger’s legal career on working with people you like and how that shaped his investing strategy. 32:15 - Insights from Munger’s Investment Partnership: what worked, what didn’t, and why. 33:13 - What Munger and Benjamin Graham can teach you about the power of independent thinking. 42:22 - Why highly concentrated portfolios thrive in bull markets but face unique challenges in bear markets—and why they’re not for everyone. 53:21 - Why owning a high-quality business is not just profitable but also less stressful—and infinitely more enjoyable. 01:00:55 - Discover why Berkshire Hathaway never having a grand plan was a massive advantage. 01:03:20 - How Munger approached capital allocation and his contrarian views on the cost of capital. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Join the exclusive [TIP Mastermind Community] (https://www.theinvestorspodcast.com/mastermind-2/) to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. ---Buy Damn Right! Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger [here] (https://amzn.to/3BnlH8Z) . ---Follow Kyle on [Twitter] (https://twitter.com/IrrationalMrkts) and [LinkedIn] (https://www.linkedin.com/in/kylegrievetip/) . ---Check out all the books mentioned and discussed in our podcast episodes [here] (https://prodcast.io/wsb) . ---Enjoy ad-free episodes when you subscribe to our [Premium Feed] (https://premium.theinvestorspodcast.com/) . NEW TO THE SHOW? ---Follow our official social media accounts: [X (Twitter)] (https://twitter.com/TIP_Network) | [LinkedIn] (https://www.linkedin.com/company/the-investor's-podcast/) | [Instagram] (https://www.instagram.com/theinvestorspodcastnetwork/) | [Facebook] (https://www.facebook.com/TheInvestorsPodcast) | [TikTok] (https://www.tiktok.com/@theinvestorspodcast) . ---Check out our [We Study Billionaires Starter Packs] (https://www.theinvestorspodcast.com/we-study-billionaires-starter-packs/) . ---Browse through all our episodes (complete with transcripts) [here] (https://www.theinvestorspodcast.com/we-study-billionaires/) . ---Try our tool for picking stock winners and managing our portfolios: [TIP Finance Tool] (https://www.theinvestorspodcast.com/tip-finance/) . ---Enjoy exclusive perks from our [favorite Apps and Services] (https://www.theinvestorspodcast.com/affiliates/) . ---Stay up-to-date on financial markets and investing strategies through our daily newsletter, [We Study Markets] (https://www.theinvestorspodcast.com/newsletters/) . ---Learn how to better start, manage, and grow your business with the [best business podcasts] (https://www.theinvestorspodcast.com/podcasts/20-best-business-podcasts/) . SPONSORS Support our free podcast by supporting our  [sponsors] (https://theinvestorspodcast.com/sponsors) : --- [River] (https://river.com/fundamentals) --- [Toyota] (https://buyatoyota.com/) --- [7-Eleven] (https://7eleven.com.au/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [Public] (https://public.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Toyota] (https://buyatoyota.com/) --- [Onramp] (https://onrampbitcoin.com/) --- [Vanta] (https://www.vanta.com/billionaires) --- [Shopify] (https://shopify.com/wsb) HELP US OUT! Help us reach new listeners by leaving us a  [rating and review] (https://docs.google.com/presentation/d/1Rnl5KGxmrYISQ7UfbEREMN-AD6b40i6CwWUbXaTabmI/edit) on [Spotify] (https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP?si=e77332a33ef04a7c) ! 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! Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm/) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) ... Read more

15 Dec 2024

1 HR 14 MINS

1:14:36

15 Dec 2024

#970

TIP682: Buffett's Early Investments by Brett Gardner w/ Clay Finck

In today’s episode, Clay reviews Brett Gardner’s new book, Buffett’s Early Investments.  Brett is an Analyst at Discerene Group LP, a private investment partnership that invests globally based on a fundamental and long-term value investing philosophy. Like us here at TIP, Brett is also a huge fan of Warren Buffett. During Buffett’s early partnership years from 1957 to 1969, he compounded his investors’ capital at 23.8% net of fees relative to the Dow Jones, returning just 7.4%. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:14 - The primary factors that led to Buffett’s outperformance during early investing years. 06:09 - The parallels between Buffett’s investment in Philadelphia and Reading and how he ended up transforming Berkshire Hathaway in the years that followed. 27:15 - What led Buffett to make an unconventional bet on Disney in 1966. 43:55 - Why Buffett invested in American Express after the Salad Oil Scandal. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Join the exclusive [TIP Mastermind Community] (https://www.theinvestorspodcast.com/mastermind-2/) to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. ---Gardner’s book: [Buffett's Early Investments] (https://amzn.to/4eKnQJD) . ---Email Shawn at [shawn@theinvestorspodcast.com] (mailto:shawn@theinvestorspodcast.com) to attend our free events in Omaha or visit [this page] (https://www.theinvestorspodcast.com/how-to-attend-the-berkshire-hathaway-annual-meeting/) . ---Related Episode: Listen to [TIP573: Berkshire's Beginnings w/ Jacob McDonough] (https://open.spotify.com/episode/3G0fzWXW9RDnj7EesM5b2d) , or watch the [video] (https://www.theinvestorspodcast.com/episodes/berkshires-beginnings-w-jacob-mcdonough/) . ---Follow Clay on [Twitter] (https://twitter.com/Clay_Finck) . ---Check out all the books mentioned and discussed in our podcast episodes [here] (https://prodcast.io/wsb) . ---Enjoy ad-free episodes when you subscribe to our [Premium Feed] (https://premium.theinvestorspodcast.com/) . NEW TO THE SHOW? ---Follow our official social media accounts: [X (Twitter)] (https://twitter.com/TIP_Network) | [LinkedIn] (https://www.linkedin.com/company/the-investor's-podcast/) | [Instagram] (https://www.instagram.com/theinvestorspodcastnetwork/) | [Facebook] (https://www.facebook.com/TheInvestorsPodcast) | [TikTok] (https://www.tiktok.com/@theinvestorspodcast) . ---Check out our [We Study Billionaires Starter Packs] (https://www.theinvestorspodcast.com/we-study-billionaires-starter-packs/) . ---Browse through all our episodes (complete with transcripts) [here] (https://www.theinvestorspodcast.com/we-study-billionaires/) . ---Try our tool for picking stock winners and managing our portfolios: [TIP Finance Tool] (https://www.theinvestorspodcast.com/tip-finance/) . ---Enjoy exclusive perks from our [favorite Apps and Services] (https://www.theinvestorspodcast.com/affiliates/) . ---Stay up-to-date on financial markets and investing strategies through our daily newsletter, [We Study Markets] (https://www.theinvestorspodcast.com/newsletters/) . ---Learn how to better start, manage, and grow your business with the [best business podcasts] (https://www.theinvestorspodcast.com/podcasts/20-best-business-podcasts/) . SPONSORS Support our free podcast by supporting our  [sponsors] (https://theinvestorspodcast.com/sponsors) : --- [River] (https://river.com/fundamentals) --- [Toyota] (https://buyatoyota.com/) --- [7-Eleven] (https://7eleven.com.au/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [Public] (https://public.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Toyota] (https://buyatoyota.com/) --- [Onramp] (https://onrampbitcoin.com/) --- [Vanta] (https://www.vanta.com/billionaires) --- [Shopify] (https://shopify.com/wsb) HELP US OUT! Help us reach new listeners by leaving us a  [rating and review] (https://docs.google.com/presentation/d/1Rnl5KGxmrYISQ7UfbEREMN-AD6b40i6CwWUbXaTabmI/edit) on [Spotify] (https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP?si=e77332a33ef04a7c) ! 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! Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm/) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) ... Read more

13 Dec 2024

1 HR 15 MINS

1:15:41

13 Dec 2024

#969

BTC212: Jack Mallers on Bitcoin 2025 Expectations and Strike's New Features (Bitcoin Podcast)

Jack Mallers joins to discuss Bitcoin’s evolving landscape, from the potential for strategic reserves to regulatory shifts and exciting advancements in Lightning and Strike’s new working capital feature. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 06:12 - The potential reality of a Bitcoin strategic reserve. 07:38 - Insights into the rumored $2 billion Bitcoin deposit by the U.S. government. 14:36 - What Operation Chokepoint 2.0 could mean for Bitcoin and crypto regulations. 17:55 - How regulatory changes might unfold under a new administration. 19:47 - Details about Strike's new feature enabling Bitcoin as a working capital account. 26:51 - Why integrating Bitcoin savings with fiat spending is becoming seamless. 27:26 - Possibilities of tax-free Bitcoin gains in the U.S. 32:53 - How Wall Street’s perception of Bitcoin is evolving. 35:38 - MicroStrategy's influence on corporate treasury strategies globally. 50:40 - Exciting Lightning Network advancements and their role in bridging crypto and traditional finance. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Seb’s book: [The Hidden Cost of Money] (https://lookingglasseducation.com/books/the-hidden-cost-of-money/#:~:text=The%20Hidden%20Cost%20of%20Money%20by%20Seb%20Bunney%2C%20co%2Dfounder,%2C%20economic%2C%20and%20political%20spheres.) ---Check out all the books mentioned and discussed in our podcast episodes  [here] (https://prodcast.io/rwh) . ---Enjoy ad-free episodes when you subscribe to our [Premium Feed] (https://premium.theinvestorspodcast.com/) . NEW TO THE SHOW? ---Join the exclusive [TIP Mastermind Community] (https://www.theinvestorspodcast.com/mastermind-2/) to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. ---Follow our official social media accounts:  [X (Twitter)] (https://twitter.com/TIP_Network)  |  [LinkedIn] (https://www.linkedin.com/company/the-investor's-podcast/)  | |  [Instagram] (https://www.instagram.com/theinvestorspodcastnetwork/)  |  [Facebook] (https://www.facebook.com/TheInvestorsPodcast)  |  [TikTok] (https://www.tiktok.com/@theinvestorspodcast) . ---Check out our [Bitcoin Fundamentals Starter Packs] (https://www.theinvestorspodcast.com/bitcoin-fundamentals-starter-packs/) . ---Browse through all our episodes (complete with transcripts)  [here] (https://www.theinvestorspodcast.com/richer-wiser-happier/) . ---Try our tool for picking stock winners and managing our portfolios:  [TIP Finance Tool] (https://www.theinvestorspodcast.com/tip-finance/) . ---Enjoy exclusive perks from our  [favorite Apps and Services] (https://www.theinvestorspodcast.com/affiliates/) . ---Stay up-to-date on financial markets and investing strategies through our daily newsletter, [We Study Markets.] (https://www.theinvestorspodcast.com/newsletters/) ---Learn how to better start, manage, and grow your business with the  [best business podcasts] (https://www.theinvestorspodcast.com/podcasts/20-best-business-podcasts/) . SPONSORS Support our free podcast by supporting our  [sponsors] (https://theinvestorspodcast.com/sponsors) : --- [River] (https://river.com/fundamentals) --- [Toyota] (https://buyatoyota.com/) --- [7-Eleven] (https://7eleven.com.au/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [Public] (https://public.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Toyota] (https://buyatoyota.com/) --- [Onramp] (https://onrampbitcoin.com/) --- [Vanta] (https://www.vanta.com/billionaires) --- [Shopify] (https://shopify.com/wsb) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) ... Read more

11 Dec 2024

1 HR 04 MINS

1:04:21

11 Dec 2024

#968

TIP681: Mastermind Q4, 2024 w/ Stig Brodersen, Tobias Carlisle, and Hari Ramachandra

In today's episode, Stig Brodersen speaks to Tobias Carlisle and Hari Ramachandra. Stig only owns five individual stocks, and in this episode, he outlines why Evolution is one of them. Hari’s pick, Occidental Petroleum, a stock Buffett has recently added to, and Tobias pitches Alpha Metallurgical Resources, a value stock that Mohnish Pabrai has loaded up on.  IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:34 - What to make of Berkshire’s $300B+ cash pile 33:16 - Stig’s bull case is for Evolution (Ticker on the Swedish Stock Exchange: EVO)  41:03 - The bear case for Evolution, including why their margins will likely decline 44:02 - Why Hari is bullish on Occidental Petroleum (Ticker on NYSE: OXY) 47:44 - The bear case of Occidental Petroleum, including macro headwinds   56:46 - Why Toby has invested in Alpha Metallurgical Resources (Ticker on NYSE: AMR) 1:06:28 - The bear case for Alpha Metallurgical Resources, including the role of China Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Join the exclusive [TIP Mastermind Community] (https://www.theinvestorspodcast.com/mastermind-2/) to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. ---Listen to [Mastermind Discussion Q3 2024] (https://link.chtbl.com/WSB660) or watch the [video] (https://www.theinvestorspodcast.com/episodes/mastermind-q3-2024-w-stig-brodersen-tobias-carlisle-and-hari-ramachandra/) . ---Listen to  [Mastermind Discussion Q2 2024] (https://link.chtbl.com/WSB632) or watch the  [video] (https://www.theinvestorspodcast.com/episodes/mastermind-q2-2024-w-tobias-carlisle-and-hari-ramachandra/) . ---Tune in to the  [Mastermind Discussion Q1 2024] (https://link.chtbl.com/WSB610)  or watch the  [video] (https://www.theinvestorspodcast.com/episodes/mastermind-q1-2024-w-tobias-carlisle-and-hari-ramachandra/) . ---Listen to [Mastermind Discussion Q4 2023] (https://link.chtbl.com/WSB586) or watch the  [video] (https://www.theinvestorspodcast.com/episodes/mastermind-q4-2023-w-tobias-carlisle-and-hari-ramachandra/) . ---Tune in to the  [Mastermind Discussion Q3 2023] (https://link.chtbl.com/WSB576)  or watch the  [video] (https://www.theinvestorspodcast.com/episodes/mastermind-q3-2023-w-tobias-carlisle-and-hari-ramachandra/) . ---Listen to  [Mastermind Discussion Q2 2023] (https://link.chtbl.com/WSB557)  or watch the  [video] (https://www.theinvestorspodcast.com/episodes/mastermind-q2-2023-w-tobias-carlisle-and-hari-ramachandra/) . ---Tune in to  [Mastermind Discussion Q1 2023] (https://link.chtbl.com/WSB528) or watch the  [video] (https://www.theinvestorspodcast.com/episodes/mastermind-q1-2023-w-tobias-carlisle-and-hari-ramachandra/) . ---Stig Brodersen’s [Portfolio and Track record] (https://www.theinvestorspodcast.com/articles/stig-brodersen-track-record-portfolio/) .  ---Occidental Petroleum’s [2023 annual report] (https://www.oxy.com/siteassets/documents/investors/2023-annual-report.pdf) .   ---Tobias Carlisle's podcast,  [The Acquirers Podcast] (https://acquirersmultiple.com/podcast/) ---Tobias Carlisle's ETF, [ZIG] (https://www.acquirersfund.com/) . ---Tobias Carlisle's ETF, [Deep] (https://www.etf.com/DEEP) . ---Tobias Carlisle's book, [The Acquirer's Multiple] (https://www.amazon.com/gp/product/0692928855?ie=UTF8&linkCode=ll1&tag=tipnetwork-20&linkId=7447bc9a5470ca02a2f07816fb29f5c3&language=en_US&ref_=as_li_ss_tl) – read reviews of this book. ---Tobias Carlisle's Acquirer's Multiple stock screener:  [AcquirersMultiple.com] (https://acquirersmultiple.com/?ref=5&campaign=TheInvestor%27sPodcast) . ---Tweet directly to [Tobias Carlisle.] (https://x.com/Greenbackd) ---Hari's Blog:  [BitsBusiness.com] (https://twitter.com/harirama) . ---Tweet directly to  [Hari] (https://twitter.com/harirama) . ---Check out all the books mentioned and discussed in our podcast episodes [here] (https://prodcast.io/wsb) . ---Enjoy ad-free episodes when you subscribe to our [Premium Feed] (https://premium.theinvestorspodcast.com/) . NEW TO THE SHOW? ---Follow our official social media accounts: [X (Twitter)] (https://twitter.com/TIP_Network) | [LinkedIn] (https://www.linkedin.com/company/the-investor's-podcast/) | [Instagram] (https://www.instagram.com/theinvestorspodcastnetwork/) | [Facebook] (https://www.facebook.com/TheInvestorsPodcast) | [TikTok] (https://www.tiktok.com/@theinvestorspodcast) . ---Check out our [We Study Billionaires Starter Packs] (https://www.theinvestorspodcast.com/we-study-billionaires-starter-packs/) . ---Browse through all our episodes (complete with transcripts) [here] (https://www.theinvestorspodcast.com/we-study-billionaires/) . ---Try our tool for picking stock winners and managing our portfolios: [TIP Finance Tool] (https://www.theinvestorspodcast.com/tip-finance/) . ---Enjoy exclusive perks from our [favorite Apps and Services] (https://www.theinvestorspodcast.com/affiliates/) . ---Stay up-to-date on financial markets and investing strategies through our daily newsletter, [We Study Markets] (https://www.theinvestorspodcast.com/newsletters/) . ---Learn how to better start, manage, and grow your business with the [best business podcasts] (https://www.theinvestorspodcast.com/podcasts/20-best-business-podcasts/) . SPONSORS Support our free podcast by supporting our  [sponsors] (https://theinvestorspodcast.com/sponsors) : --- [River] (https://river.com/fundamentals) --- [Toyota] (https://buyatoyota.com/) --- [7-Eleven] (https://7eleven.com.au/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [Public] (https://public.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Toyota] (https://buyatoyota.com/) --- [Onramp] (https://onrampbitcoin.com/) --- [Vanta] (https://www.vanta.com/billionaires) --- [Shopify] (https://shopify.com/wsb) HELP US OUT! Help us reach new listeners by leaving us a  [rating and review] (https://docs.google.com/presentation/d/1Rnl5KGxmrYISQ7UfbEREMN-AD6b40i6CwWUbXaTabmI/edit) on [Spotify] (https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP?si=e77332a33ef04a7c) ! 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! Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) ... Read more

08 Dec 2024

1 HR 28 MINS

1:28:19

08 Dec 2024

#967

TIP680: Investing in Exceptional Businesses for the Long Run w/ Dev Kantesaria

On today’s episode, Clay is joined by Dev Kantesaria to discuss the current market environment, the types of investments he is looking for, FICO, S&P Global, and much more. Dev is the founder and portfolio manager at Valley Forge Capital Management. The firm has been highly successful since its inception in 2007, as it’s outperformed the S&P 500 by a wide margin and has over $4 billion in assets under management. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:46 - Dev’s view on the current market environment and the recent stock market rally. 05:02 - How Valley Forge Capital Management adopted Warren Buffett and Charlie Munger’s investment approach. 09:16 - Why predictability is an essential part of Dev’s investment approach. 11:32 - Why Dev has decided not to invest in any Big Tech companies. 37:11 - Why pricing power is the hallmark of a great business. 53:30 - Why Dev will continue to invest in the US despite optically higher valuations. 56:59 - The reason Dev loves compounding machines that perform share repurchases. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Join the exclusive [TIP Mastermind Community] (https://www.theinvestorspodcast.com/mastermind-2/) to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. ---Check out [Valley Forge Capital Management] (https://www.valleyforgecapital.com/) . ---Related Episode: Listen to [TIP389: Buffett's Core Principles w/ Dev Kantesaria] (https://open.spotify.com/episode/0WetUt6MZUhJ5MHLr5chGw) , or watch the [video] (https://www.youtube.com/watch?v=csn-II3Xg9c&t=80s) . ---Follow Clay on [Twitter] (https://twitter.com/Clay_Finck) . ---Check out all the books mentioned and discussed in our podcast episodes [here] (https://prodcast.io/wsb) . ---Enjoy ad-free episodes when you subscribe to our [Premium Feed] (https://premium.theinvestorspodcast.com/) . NEW TO THE SHOW? ---Follow our official social media accounts: [X (Twitter)] (https://twitter.com/TIP_Network) | [LinkedIn] (https://www.linkedin.com/company/the-investor's-podcast/) | [Instagram] (https://www.instagram.com/theinvestorspodcastnetwork/) | [Facebook] (https://www.facebook.com/TheInvestorsPodcast) | [TikTok] (https://www.tiktok.com/@theinvestorspodcast) . ---Check out our [We Study Billionaires Starter Packs] (https://www.theinvestorspodcast.com/we-study-billionaires-starter-packs/) . ---Browse through all our episodes (complete with transcripts) [here] (https://www.theinvestorspodcast.com/we-study-billionaires/) . ---Try our tool for picking stock winners and managing our portfolios: [TIP Finance Tool] (https://www.theinvestorspodcast.com/tip-finance/) . ---Enjoy exclusive perks from our [favorite Apps and Services] (https://www.theinvestorspodcast.com/affiliates/) . ---Stay up-to-date on financial markets and investing strategies through our daily newsletter, [We Study Markets] (https://www.theinvestorspodcast.com/newsletters/) . ---Learn how to better start, manage, and grow your business with the [best business podcasts] (https://www.theinvestorspodcast.com/podcasts/20-best-business-podcasts/) . SPONSORS Support our free podcast by supporting our  [sponsors] (https://theinvestorspodcast.com/sponsors) : --- [River] (https://river.com/fundamentals) --- [Toyota] (https://buyatoyota.com/) --- [7-Eleven] (https://7eleven.com.au/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [Public] (https://public.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Toyota] (https://buyatoyota.com/) --- [Onramp] (https://onrampbitcoin.com/) --- [Vanta] (https://www.vanta.com/billionaires) --- [Shopify] (https://shopify.com/wsb) HELP US OUT! Help us reach new listeners by leaving us a  [rating and review] (https://docs.google.com/presentation/d/1Rnl5KGxmrYISQ7UfbEREMN-AD6b40i6CwWUbXaTabmI/edit) on [Spotify] (https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP?si=e77332a33ef04a7c) ! 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! Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm/) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) ... Read more

06 Dec 2024

1 HR 06 MINS

1:06:21

06 Dec 2024

#966

BTC211: Bitcoin vs Art and Real Estate w/ Tad Smith (Bitcoin Podcast)

Exploring the art world with Tad Smith, former CEO of Sotheby’s, as we uncover the intersection of art, Bitcoin, and investment strategies. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:28 - The significance behind the $6.2M sale of a banana duct-taped to a wall. 08:07 - How stories shape the perception and value of art investments. 08:46 - What makes artwork valuable beyond its aesthetic appeal. 14:54 - Why scarce and desirable items tend to accrue lasting value. 23:20 - Whether and how investors market stories to amplify art's value post-purchase. 24:13 - The role of Bitcoin’s proof of work in distinguishing it from other protocols. 27:04 - How tokenization is transforming the art world. 33:56 - The historical role of leverage in outpacing inflation and the "money printer." 38:12 - Insights into Michael Saylor’s strategy with MicroStrategy. 47:50 - Key considerations for investing in art from a professional standpoint. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Tad’s [ X (Twitter) Account] (https://x.com/tadtweets) . ---Check out all the books mentioned and discussed in our podcast episodes  [here] (https://prodcast.io/rwh) . ---Enjoy ad-free episodes when you subscribe to our [Premium Feed] (https://premium.theinvestorspodcast.com/) . NEW TO THE SHOW? ---Join the exclusive [TIP Mastermind Community] (https://www.theinvestorspodcast.com/mastermind-2/) to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. ---Follow our official social media accounts:  [X (Twitter)] (https://twitter.com/TIP_Network)  |  [LinkedIn] (https://www.linkedin.com/company/the-investor's-podcast/)  | |  [Instagram] (https://www.instagram.com/theinvestorspodcastnetwork/)  |  [Facebook] (https://www.facebook.com/TheInvestorsPodcast)  |  [TikTok] (https://www.tiktok.com/@theinvestorspodcast) . ---Check out our [Bitcoin Fundamentals Starter Packs] (https://www.theinvestorspodcast.com/bitcoin-fundamentals-starter-packs/) . ---Browse through all our episodes (complete with transcripts)  [here] (https://www.theinvestorspodcast.com/richer-wiser-happier/) . ---Try our tool for picking stock winners and managing our portfolios:  [TIP Finance Tool] (https://www.theinvestorspodcast.com/tip-finance/) . ---Enjoy exclusive perks from our  [favorite Apps and Services] (https://www.theinvestorspodcast.com/affiliates/) . ---Stay up-to-date on financial markets and investing strategies through our daily newsletter, [We Study Markets.] (https://www.theinvestorspodcast.com/newsletters/) ---Learn how to better start, manage, and grow your business with the  [best business podcasts] (https://www.theinvestorspodcast.com/podcasts/20-best-business-podcasts/) . SPONSORS Support our free podcast by supporting our  [sponsors] (https://theinvestorspodcast.com/sponsors) : --- [River] (https://river.com/fundamentals) --- [Toyota] (https://buyatoyota.com/) --- [7-Eleven] (https://7eleven.com.au/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [Public] (https://public.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Toyota] (https://buyatoyota.com/) --- [Onramp] (https://onrampbitcoin.com/) --- [Vanta] (https://www.vanta.com/billionaires) --- [Shopify] (https://shopify.com/wsb) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) ... Read more

04 Dec 2024

1 HR 00 MINS

1:00:50

04 Dec 2024

#965

RWH052: Wise Guys w/ Ray Dalio, Bill Miller, Chris Davis & Michael Berg

In today’s special episode, William Green looks back at some of the most powerful lessons from the first 50 episodes of the podcast. He highlights four of his favorite interviews: with multibillionaire Ray Dalio, Berkshire Hathaway board member Chris Davis, investing legend Bill Miller, & author Michael Berg. Here, Dalio discusses how to overcome our weaknesses; Miller reveals the insights that made him a vast fortune on Bitcoin; Davis shares what he’s learned from Buffett & Munger; & Berg explains how to increase your enjoyment of money.  IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 06:37 - Why Ray Dalio believes success hinges on deep self-knowledge. 09:11 - How he’s dealt with his own weaknesses. 10:44 - What Elon Musk, Bill Gates, Reed Hastings & Ray Dalio have in common. 13:46 - How Ray’s most painful mistake changed his views on investing & life. 29:07 - What Chris learned from his mentors, Warren Buffett & Charlie Munger. 30:13 - Why it helps Chris Davis to view his life in three distinct 10,000-day blocks. 44:47 - What Bill Miller saw in Bitcoin that led him to make a vast fortune. 49:32 - Why Bill sees Bitcoin as insurance against financial catastrophe. 1:04:06 - What biases, beliefs & blind spots led Buffett & Munger to dismiss Bitcoin. 1:06:35 - How to enhance your enjoyment of money.  Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---William Green’s 2023 interview with [Ray Dalio] (https://link.chtbl.com/RWH022) | [YouTube Video] (https://www.theinvestorspodcast.com/richer-wiser-happier/multi-billionaire-masterclass-w-ray-dalio/) . ---William Green’s 2022 interview with [Ray Dalio] (https://link.chtbl.com/WSB410) | [YouTube video] (https://www.theinvestorspodcast.com/episodes/the-changing-world-order-w-ray-dalio/) . ---Check out [Principles: Your Guided Journal] (https://www.amazon.com/Principles-Your-Guided-Journal-Create/dp/1668010194?crid=3I9XMLLKX8ND9&keywords=principles+your+guided+journal+ray+dalio&qid=1676335753&sprefix=principles%3A+your%2Caps%2C139&sr=8-1&linkCode=ll1&tag=tipnetwork-20&linkId=8d3512332531092cbb4430b9b379e500&language=en_US&ref_=as_li_ss_tl)  by Ray Dalio. ---Read [Principles: Life and Work] (https://www.amazon.com/Principles-Life-Work-Ray-Dalio/dp/1501124021?pd_rd_w=VcfIa&content-id=amzn1.sym.7f0cf323-50c6-49e3-b3f9-63546bb79c92&pf_rd_p=7f0cf323-50c6-49e3-b3f9-63546bb79c92&pf_rd_r=PE8B97QV4JZC5K0CXSGX&pd_rd_wg=q18L9&pd_rd_r=0a6a3db8-31f5-4009-b48b-9900d95e95e6&pd_rd_i=1501124021&psc=1&linkCode=ll1&tag=tipnetwork-20&linkId=c1b45dc0d824cbf6fd9305d481934547&language=en_US&ref_=as_li_ss_tl)  by Ray Dalio. ---William Green’s interview with [Chris Davis] (https://link.chtbl.com/RWH035) | [YouTube Video] (https://www.theinvestorspodcast.com/richer-wiser-happier/learning-from-warren-buffett-charlie-munger-w-chris-davis/) . ---William Green’s interview with [Michael Berg] (https://link.chtbl.com/RWH031) | [YouTube Video] (https://www.theinvestorspodcast.com/richer-wiser-happier/abundance-w-michael-berg/) . ---William Green’s interview with [Pico Iyer] (https://link.chtbl.com/RWH029) | [YouTube Video] (https://www.theinvestorspodcast.com/richer-wiser-happier/beyond-rich-w-pico-iyer/) . ---William Green’s interview with [Tsoknyi Rinpoche & Daniel Goleman] (https://link.chtbl.com/RWH018) | [YouTube Video] (https://www.theinvestorspodcast.com/richer-wiser-happier/how-to-be-happy-w-tsoknyi-rinpoche-daniel-goleman/) . ---William Green’s book, “Richer, Wiser, Happier” – [read the reviews of this book] (https://www.amazon.com/Richer-Wiser-Happier-Greatest-Investors/dp/1501164856?&linkCode=ll1&tag=tipnetwork-20&linkId=4ceacbabc2ce3668bf682909413375ec&language=en_US&ref_=as_li_ss_tl) . ---Follow William Green on  [X] (https://twitter.com/williamgreen72) . ---Check out all the books mentioned and discussed in our podcast episodes  [here] (https://prodcast.io/rwh) . ---Enjoy ad-free episodes when you subscribe to our [Premium Feed] (https://premium.theinvestorspodcast.com/) . NEW TO THE SHOW? ---Join the exclusive [TIP Mastermind Community] (https://www.theinvestorspodcast.com/mastermind-2/) to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. ---Follow our official social media accounts:  [X (Twitter)] (https://twitter.com/TIP_Network)  |  [LinkedIn] (https://www.linkedin.com/company/the-investor's-podcast/)  | |  [Instagram] (https://www.instagram.com/theinvestorspodcastnetwork/)  |  [Facebook] (https://www.facebook.com/TheInvestorsPodcast)  |  [TikTok] (https://www.tiktok.com/@theinvestorspodcast) . ---Browse through all our episodes (complete with transcripts)  [here] (https://www.theinvestorspodcast.com/richer-wiser-happier/) . ---Try our tool for picking stock winners and managing our portfolios:  [TIP Finance Tool] (https://www.theinvestorspodcast.com/tip-finance/) . ---Enjoy exclusive perks from our  [favorite Apps and Services] (https://www.theinvestorspodcast.com/affiliates/) . ---Stay up-to-date on financial markets and investing strategies through our daily newsletter, [We Study Markets.] (https://www.theinvestorspodcast.com/newsletters/) ---Learn how to better start, manage, and grow your business with the  [best business podcasts] (https://www.theinvestorspodcast.com/podcasts/20-best-business-podcasts/) .  SPONSORS Support our free podcast by supporting our  [sponsors] (https://theinvestorspodcast.com/sponsors) : --- [River] (https://river.com/fundamentals) --- [Toyota] (https://buyatoyota.com/) --- [7-Eleven] (https://7eleven.com.au/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [Public] (https://public.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Toyota] (https://buyatoyota.com/) --- [Onramp] (https://onrampbitcoin.com/) --- [Vanta] (https://www.vanta.com/billionaires) --- [Shopify] (https://shopify.com/wsb) HELP US OUT! Help us reach new listeners by leaving us a  [rating and review] (https://docs.google.com/presentation/d/1Rnl5KGxmrYISQ7UfbEREMN-AD6b40i6CwWUbXaTabmI/edit) on [Spotify] (https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP?si=e77332a33ef04a7c) ! 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! Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) ... Read more

01 Dec 2024

1 HR 28 MINS

1:28:44

01 Dec 2024

#964

TIP679: Quality Shareholders by Lawrence Cunningham w/ Clay Finck

Anyone can buy a stock in a public company, but not all shareholders are equally committed to a company’s long-term succes. Today’s companies need quality shareholders, or shareholders who buy large stakes and hold for long periods. Lawrence Cunningham explains why in his book — Quality Shareholders: How the Best Managers Attract and Keep Them.   When it comes to corporate governance, there is no one better to learn from than Lawrence. He’s the Director of the John Weinberg Center for Corporate Governance at the University of Deleware. He’s also the vice chairman of the board of Constellation Software and a Director at Markel and Kelly Partners Group.  Cunningham has also written a number of other excellent books, including Quality Investing, Berkshire Beyond Buffett, Margin of Trust, and The Essays of Warren Buffett. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:33 - What constitutes a quality shareholder versus other types of shareholders? 17:18 - The edge that quality shareholders bring in terms of their investment approach. 24:37 - How quality shareholders impact the share prices of public companies. 43:02 - What managers can do to attract and retain such shareholders. 43:02 - How quality shareholders view executive compensation. 54:52 - The number one job of the board in delivering value to shareholders. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Join the exclusive [TIP Mastermind Community] (https://www.theinvestorspodcast.com/mastermind-2/) to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. ---Cunningham’s books: [Quality Shareholders] (https://amzn.to/4eKnQJD) , [Berkshire Beyond Buffett] (https://amzn.to/497obEM) , [Dear Shareholder] (https://amzn.to/4fHCAtS) , [Margin of Trust] (https://amzn.to/3B16c6o) , [Quality Investing] (https://amzn.to/3CMB1MM) , and [The Essays of Warren Buffett] (https://amzn.to/3ZoER7v) . ---Email Shawn at [shawn@theinvestorspodcast.com] (mailto:shawn@theinvestorspodcast.com) to attend our free events in Omaha or visit [this page] (https://www.theinvestorspodcast.com/how-to-attend-the-berkshire-hathaway-annual-meeting/) . ---Related Episode: Listen to [MI305: Exploring the DNA of Quality Businesses w/ Lawrence Cunningham] (https://link.chtbl.com/MI305) , or watch the [video] (https://www.theinvestorspodcast.com/millennial-investing/dna-of-quality-businesses/) . ---Related Episode: Listen to [TIP330: Warren Buffett w/ Lawrence Cunningham] (https://link.chtbl.com/WSB330) , or watch the [video] (https://www.theinvestorspodcast.com/episodes/tip330-warren-buffett-with-lawrence-cunningham/) . ---Related Episode: Listen to [RWH013: Move Slow, Win Big w/ Thomas Russo] (https://link.chtbl.com/RWH013) , or watch the [video] (https://www.theinvestorspodcast.com/richer-wiser-happier/move-slow-win-big-w-thomas-russo/) . ---Related Episode: Listen to [TIP626: Intelligent & Rational Long-term Investing w/ François Rochon] (https://link.chtbl.com/WSB626) , or watch the [video] (https://www.theinvestorspodcast.com/episodes/intelligent-rational-long-term-investing-w-francois-rochon/) . ---YouTube Interview with [Brett Kelly] (https://www.youtube.com/watch?v=BLXUfJ9gONI&t=1233s) . ---Alex Morris’s new book: [Buffett & Munger Unscripted] (https://amzn.to/417zlro) . ---Follow Clay on [Twitter] (https://twitter.com/Clay_Finck) . ---Check out all the books mentioned and discussed in our podcast episodes [here] (https://prodcast.io/wsb) . ---Enjoy ad-free episodes when you subscribe to our [Premium Feed] (https://premium.theinvestorspodcast.com/) . NEW TO THE SHOW? ---Follow our official social media accounts: [X (Twitter)] (https://twitter.com/TIP_Network) | [LinkedIn] (https://www.linkedin.com/company/the-investor's-podcast/) | [Instagram] (https://www.instagram.com/theinvestorspodcastnetwork/) | [Facebook] (https://www.facebook.com/TheInvestorsPodcast) | [TikTok] (https://www.tiktok.com/@theinvestorspodcast) . ---Check out our [We Study Billionaires Starter Packs] (https://www.theinvestorspodcast.com/we-study-billionaires-starter-packs/) . ---Browse through all our episodes (complete with transcripts) [here] (https://www.theinvestorspodcast.com/we-study-billionaires/) . ---Try our tool for picking stock winners and managing our portfolios: [TIP Finance Tool] (https://www.theinvestorspodcast.com/tip-finance/) . ---Enjoy exclusive perks from our [favorite Apps and Services] (https://www.theinvestorspodcast.com/affiliates/) . ---Stay up-to-date on financial markets and investing strategies through our daily newsletter, [We Study Markets] (https://www.theinvestorspodcast.com/newsletters/) . ---Learn how to better start, manage, and grow your business with the [best business podcasts] (https://www.theinvestorspodcast.com/podcasts/20-best-business-podcasts/) . SPONSORS Support our free podcast by supporting our  [sponsors] (https://theinvestorspodcast.com/sponsors) : --- [River] (https://river.com/fundamentals) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [TastyTrade] (https://tastytrade.com/) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [Public] (https://public.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [Miro] (https://miro.com/) --- [ReMarkable] (https://remarkable.com/) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [Bluehost] (https://bluehost.com/) --- [Vanta] (https://www.vanta.com/billionaires) --- [Shopify] (https://shopify.com/wsb) HELP US OUT! Help us reach new listeners by leaving us a  [rating and review] (https://docs.google.com/presentation/d/1Rnl5KGxmrYISQ7UfbEREMN-AD6b40i6CwWUbXaTabmI/edit) on [Spotify] (https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP?si=e77332a33ef04a7c) ! 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! Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm/) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) ... Read more

29 Nov 2024

1 HR 12 MINS

1:12:16

29 Nov 2024

#963

BTC210: 2024/25 Bitcoin Bull Market Overview w/ James Check (Bitcoin Podcast)

In this episode, we dive into Bitcoin, on-chain analysis, and future adoption trends, exploring topics from OTC exchanges to Bitcoin’s price potential and regulatory impacts.  IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:47 - Why Bitcoin exchange balances have declined and what this signals. 03:28 - Why Australian Bitcoiners are prominent despite lagging national adoption. 07:10 - The role of OTC exchanges in today’s BTC transactions. 11:04 - Whether on-chain analysis remains relevant amid OTC and ETF purchases. 16:46 - Insights gained from on-chain data and UTXO analysis. 20:57 - How technical analysis is perceived in the crypto community. 27:54 - Key headwinds Bitcoin may face over the next two years. 30:58 - Potential market impact if the US attempted large-scale BTC purchases. 31:24 - Thoughts on the premium valuation for MicroStrategy (MSTR). 42:31 - Implications of super cycle theory for Bitcoin's long-term value. 49:15 - Potential effects if Satoshi Nakamoto moved Bitcoin from dormant wallets. 52:12 - Theories surrounding Bitcoin's Power Law and Stock-to-Flow model. 54:11 - What constitutes an "Euphoria Zone" in the crypto market today. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---James Check's [X (Twitter) Account] (https://x.com/_Checkmatey_) . ---James Check's [ Newsletter] (https://newsletter.checkonchain.com) . ---Check out all the books mentioned and discussed in our podcast episodes  [here] (https://prodcast.io/rwh) . ---Enjoy ad-free episodes when you subscribe to our [Premium Feed] (https://premium.theinvestorspodcast.com/) . NEW TO THE SHOW? ---Join the exclusive [TIP Mastermind Community] (https://www.theinvestorspodcast.com/mastermind-2/) to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. ---Follow our official social media accounts:  [X (Twitter)] (https://twitter.com/TIP_Network)  |  [LinkedIn] (https://www.linkedin.com/company/the-investor's-podcast/)  | |  [Instagram] (https://www.instagram.com/theinvestorspodcastnetwork/)  |  [Facebook] (https://www.facebook.com/TheInvestorsPodcast)  |  [TikTok] (https://www.tiktok.com/@theinvestorspodcast) . ---Check out our [Bitcoin Fundamentals Starter Packs] (https://www.theinvestorspodcast.com/bitcoin-fundamentals-starter-packs/) . ---Browse through all our episodes (complete with transcripts)  [here] (https://www.theinvestorspodcast.com/richer-wiser-happier/) . ---Try our tool for picking stock winners and managing our portfolios:  [TIP Finance Tool] (https://www.theinvestorspodcast.com/tip-finance/) . ---Enjoy exclusive perks from our  [favorite Apps and Services] (https://www.theinvestorspodcast.com/affiliates/) . ---Stay up-to-date on financial markets and investing strategies through our daily newsletter, [We Study Markets.] (https://www.theinvestorspodcast.com/newsletters/) ---Learn how to better start, manage, and grow your business with the  [best business podcasts] (https://www.theinvestorspodcast.com/podcasts/20-best-business-podcasts/) . SPONSORS Support our free podcast by supporting our  [sponsors] (https://theinvestorspodcast.com/sponsors) : --- [River] (https://river.com/fundamentals) --- [Toyota] (https://buyatoyota.com/) --- [7-Eleven] (https://7eleven.com.au/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [Public] (https://public.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Toyota] (https://buyatoyota.com/) --- [Onramp] (https://onrampbitcoin.com/) --- [Vanta] (https://www.vanta.com/billionaires) --- [Shopify] (https://shopify.com/wsb) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) ... Read more

27 Nov 2024

1 HR 10 MINS

1:10:58

27 Nov 2024

#962

TIP678: Mastering Focus Investing: Lessons From The Legends w/ Kyle Grieve

On today’s episode, Kyle Grieve discusses major takeaways from the book The Warren Buffett Portfolio, including why concentrated portfolios offer the highest probabilities of outperforming, how focus investors think about risk, Warren Buffett’s four-step framework for identifying great investments, the importance of patience, discipline, and self-awareness to investing success, how to widen your circle of competence, why thinking in probabilities is intertwined with outperfrmance and risk reduction, and a whole lot more! IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:53 - The reasons that focus investors are concentrated and the pros and cons of having a concentrated portfolio. 07:12 - Buffett's views on risk and what risk means to him. 08:42 - Warren Buffett's 4-step framework to determine whether an investment is rational. 13:16 - The shared characteristics of these five investors, which helped them overperform. 14:51 - Exciting research on the effects of concentrating your portfolio on long-term performance. 22:35 - How to measure your performance using fundamentals instead of stock prices. 30:15 - Simple ways to widen your circle of competence. 39:01 - Why you should think in probabilities when thinking about investing and practical ways of applying it to your investing. 50:20 - The primary principles Warren Buffett learned from Benjamin Graham and Charlie Munger to best understand human psychology in markets. 55:26 - The roles of overconfidence, overreaction, loss aversion, and mental accounting have on investor psychology. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Join the exclusive [TIP Mastermind Community] (https://www.theinvestorspodcast.com/mastermind-2/) to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. ---Buy The Warren Buffett Portfolio [here] (https://amzn.to/3Ojlx5u) . ---Check out all the books mentioned and discussed in our podcast episodes [here] (https://prodcast.io/wsb) . ---Enjoy ad-free episodes when you subscribe to our [Premium Feed] (https://premium.theinvestorspodcast.com/) . NEW TO THE SHOW? ---Follow our official social media accounts: [X (Twitter)] (https://twitter.com/TIP_Network) | [LinkedIn] (https://www.linkedin.com/company/the-investor's-podcast/) | [Instagram] (https://www.instagram.com/theinvestorspodcastnetwork/) | [Facebook] (https://www.facebook.com/TheInvestorsPodcast) | [TikTok] (https://www.tiktok.com/@theinvestorspodcast) . ---Check out our [We Study Billionaires Starter Packs] (https://www.theinvestorspodcast.com/we-study-billionaires-starter-packs/) . ---Browse through all our episodes (complete with transcripts) [here] (https://www.theinvestorspodcast.com/we-study-billionaires/) . ---Try our tool for picking stock winners and managing our portfolios: [TIP Finance Tool] (https://www.theinvestorspodcast.com/tip-finance/) . ---Enjoy exclusive perks from our [favorite Apps and Services] (https://www.theinvestorspodcast.com/affiliates/) . ---Stay up-to-date on financial markets and investing strategies through our daily newsletter, [We Study Markets] (https://www.theinvestorspodcast.com/newsletters/) . ---Learn how to better start, manage, and grow your business with the [best business podcasts] (https://www.theinvestorspodcast.com/podcasts/20-best-business-podcasts/) . SPONSORS Support our free podcast by supporting our  [sponsors] (https://theinvestorspodcast.com/sponsors) : --- [River] (https://river.com/fundamentals) --- [Toyota] (https://buyatoyota.com/) --- [7-Eleven] (https://7eleven.com.au/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [Public] (https://public.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Toyota] (https://buyatoyota.com/) --- [Onramp] (https://onrampbitcoin.com/) --- [Vanta] (https://www.vanta.com/billionaires) --- [Shopify] (https://shopify.com/wsb) HELP US OUT! Help us reach new listeners by leaving us a  [rating and review] (https://docs.google.com/presentation/d/1Rnl5KGxmrYISQ7UfbEREMN-AD6b40i6CwWUbXaTabmI/edit) on [Spotify] (https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP?si=e77332a33ef04a7c) ! 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! Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm/) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) ... Read more

24 Nov 2024

1 HR 06 MINS

1:06:25

24 Nov 2024

#961

TIP677: You Can Be a Stock Market Genius w/ Roger Fan

On today’s episode, Clay is joined by Roger Fan to discuss Joel Greenblatt’s book, “You can be a Stock Market Genius.” Joel Greenblatt is one of the greatest hedge fund managers of all time. Greenblatt famously averaged 40% a year over 20 years. At that rate, $1 million grows into $836 million.  He’s also the author of best-selling classics like “The Little Book that Beats the Market” and was a key character in William Green’s book, “Richer, Wiser, Happier.”  Roger Fan is the Chief Investment Officer at RF Capital Management. RF Capital seeks to achieve superior risk-adjusted returns by investing in obscure, undervalued companies globally. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:22 - An overview of Joel Greenblatt’s background as an investor, author, teacher, and philanthropist. 06:22 - Why Greenblatt focused much of his attention on special situations to beat the market. 10:47 - What a spinoff is and why they are ripe hunting grounds for mispricings. 19:04 - One of Greenblatt’s favorite case studies for spinoffs. 21:01 - The three key characteristics to look for in a spinoff transaction for investors. 33:50 - How Joel Greenblatt views investing in bankruptcy deals. 58:50 - Which special situations Roger prefers to invest in. 01:11:03 - How Roger approaches concentration in his portfolio. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Join the exclusive [TIP Mastermind Community] (https://www.theinvestorspodcast.com/mastermind-2/) to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. ---Roger’s Firm: [RF Capital Management] (https://www.rfcapitalmanagement.com/) . ---Joel Greenblatt’s books: [You Can Be a Stock Market Genius] (https://amzn.to/3V3CFzX) , [The Little Book That Beats the Market] (https://amzn.to/4eGnbIQ) . ---Related Episode: [RWH003: How To Win The Investing Game w/ Joel Greenblatt] (https://www.theinvestorspodcast.com/richer-wiser-happier/how-to-win-the-investing-game-w-joel-greenblatt/) . ---Related Episode: [TIP339: Common Sense Investing w/ Joel Greenblatt] (https://www.theinvestorspodcast.com/episodes/common-sense-investing-w-joel-greenblatt/) . ---Follow Roger on [Twitter] (https://x.com/rgrfan) & [LinkedIn] (https://www.linkedin.com/in/rgrfan/) . ---Follow Clay on [Twitter] (https://twitter.com/Clay_Finck) . ---Check out all the books mentioned and discussed in our podcast episodes [here] (https://prodcast.io/wsb) . ---Enjoy ad-free episodes when you subscribe to our [Premium Feed] (https://premium.theinvestorspodcast.com/) . NEW TO THE SHOW? ---Follow our official social media accounts: [X (Twitter)] (https://twitter.com/TIP_Network) | [LinkedIn] (https://www.linkedin.com/company/the-investor's-podcast/) | [Instagram] (https://www.instagram.com/theinvestorspodcastnetwork/) | [Facebook] (https://www.facebook.com/TheInvestorsPodcast) | [TikTok] (https://www.tiktok.com/@theinvestorspodcast) . ---Check out our [We Study Billionaires Starter Packs] (https://www.theinvestorspodcast.com/we-study-billionaires-starter-packs/) . ---Browse through all our episodes (complete with transcripts) [here] (https://www.theinvestorspodcast.com/we-study-billionaires/) . ---Try our tool for picking stock winners and managing our portfolios: [TIP Finance Tool] (https://www.theinvestorspodcast.com/tip-finance/) . ---Enjoy exclusive perks from our [favorite Apps and Services] (https://www.theinvestorspodcast.com/affiliates/) . ---Stay up-to-date on financial markets and investing strategies through our daily newsletter, [We Study Markets] (https://www.theinvestorspodcast.com/newsletters/) . ---Learn how to better start, manage, and grow your business with the [best business podcasts] (https://www.theinvestorspodcast.com/podcasts/20-best-business-podcasts/) . SPONSORS Support our free podcast by supporting our  [sponsors] (https://theinvestorspodcast.com/sponsors) : --- [River] (https://river.com/fundamentals) --- [Toyota] (https://buyatoyota.com/) --- [7-Eleven] (https://7eleven.com.au/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [Public] (https://public.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Toyota] (https://buyatoyota.com/) --- [Onramp] (https://onrampbitcoin.com/) --- [Vanta] (https://www.vanta.com/billionaires) --- [Shopify] (https://shopify.com/wsb) HELP US OUT! Help us reach new listeners by leaving us a  [rating and review] (https://docs.google.com/presentation/d/1Rnl5KGxmrYISQ7UfbEREMN-AD6b40i6CwWUbXaTabmI/edit) on [Spotify] (https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP?si=e77332a33ef04a7c) ! 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! Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm/) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm/) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) Support our show by becoming a premium member! [https://theinvestorspodcastnetwork.supportingcast.fm] (https://theinvestorspodcastnetwork.supportingcast.fm) ... Read more

22 Nov 2024

1 HR 17 MINS

1:17:54

22 Nov 2024