We Study Billionaires - The Investor’s Podcast Network podcast

We Study Billionaires - 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 150,000,000+ 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 150,000,000+ 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

 

#947

RWH050: The Intelligent Investor w/ Jason Zweig

In today’s episode, William Green chats with Jason Zweig about his updated & revised edition of Benjamin Graham’s The Intelligent Investor, which Warren Buffett describes as “by far the best book on investing ever written.” Jason, who also writes the Wall Street Journal’s Intelligent Investor column, explains why Graham’s classic book still holds vitally important lessons for today’s investors. He also shares what he’s learned from interviewing Buffett & Charlie Munger. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 03:33 - How Jason Zweig tackled the “honor & burden” of revising The Intelligent Investor. 11:06 - How Ben Graham’s 4 core principles can help you to invest intelligently. 25:24 - What a sudden plunge in Japanese stocks shows about the craziness of markets. 27:56 - What Jason views as the most important paragraph ever written about investing. 32:42 - How Warren Buffett & Bill Miller profit from being “inversely” emotional. 33:57 - How regular investors can win by tuning out Wall Street’s propaganda.  39:15 - Why you must decide if you’re an “enterprising” or “defensive” investor. 44:40 - Why maintaining a “margin of safety” matters more than anything. 48:40 - Why Jason believes index funds should form the base of your portfolio. 52:52 -Why it’s so hard to pick the tiny minority of “superstocks.” 1:00:21 - What dooms the vast majority of fund managers to underperform. 1:14:33 - How Graham’s most successful investment violated his own principles. 1:33:01 - What life lessons Jason learned from Graham, Buffett, & Charlie Munger. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Jason Zweig’s [website] (https://jasonzweig.com/about/) . ---Benjamin Graham’s [The Intelligent Investor, revised and updated by Jason Zweig] (https://www.amazon.com/Intelligent-Investor-3rd-Ed/dp/0063356724?_encoding=UTF8&qid=&sr=&linkCode=ll1&tag=tipnetwork-20&linkId=9d997bf146cd854e9ee987614b5486af&language=en_US&ref_=as_li_ss_tl) . ---Jason Zweig’s book on neuroeconomics, [Your Money and Your Brain] (https://www.amazon.com/Your-Money-Brain-Science-Neuroeconomics/dp/0743276698?pd_rd_w=icAmb&pf_rd_p=6b3eefea-7b16-43e9-bc45-2e332cbf99da&pf_rd_r=04D5MKX8D2T3SGN0PAY0&pd_rd_r=c832e705-8d8b-4967-b1ec-a968aa2c2746&pd_rd_wg=UrLar&pd_rd_i=0743276698&psc=1&linkCode=ll1&tag=tipnetwork-20&linkId=ca84b50c5fe8c821b5b14927a9086ad8&language=en_US&ref_=as_li_ss_tl) . ---Jason Zweig’s satirical survival guide to Wall Street, [The Devil’s Financial Dictionary] (https://www.amazon.com/Devils-Financial-Dictionary-Jason-Zweig/dp/1610396995?pd_rd_w=iJfxA&pf_rd_p=6b3eefea-7b16-43e9-bc45-2e332cbf99da&pf_rd_r=CZXZ3GFWT99JJNDC84VG&pd_rd_r=66f36a5a-82ad-4524-a978-ed08a892181e&pd_rd_wg=RB7Cu&pd_rd_i=1610396995&psc=1&linkCode=ll1&tag=tipnetwork-20&linkId=465b386e38a5c8ded440b7a0e9ef00d2&language=en_US&ref_=as_li_ss_tl) . ---William Green’s previous podcast episode with [Jason Zweig] (https://link.chtbl.com/RWH004) | [YouTube Video] (https://www.theinvestorspodcast.com/richer-wiser-happier/intelligent-investing-w-jason-zweig/) . ---William Green’s podcast episode with [Christopher Begg ] (https://link.chtbl.com/RWH027) | [YouTube Video] (https://www.theinvestorspodcast.com/richer-wiser-happier/high-quality-investing-w-christopher-begg/) . ---William Green’s podcast episode with [Peter Keefe] (https://link.chtbl.com/RWH034) | [YouTube Video] (https://www.theinvestorspodcast.com/richer-wiser-happier/the-high-road-to-riches-w-peter-keefe/) . ---William Green’s book, “Richer, Wiser, Happier” – [read the reviews] (https://www.amazon.com/Richer-Wiser-Happier-Greatest-Investors/dp/1501164856?&linkCode=ll1&tag=tipnetwork-20&linkId=5e63abc914939d017bb94511e01c9eff&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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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 [ Apple Podcasts] (https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489) ! 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

20 Oct 2024

1 HR 56 MINS

1:56:40

20 Oct 2024


#946

TIP669: Quietly Compounding at 20%+ Per Year w/ Derek Pilecki

On today’s episode, Clay is joined by Derek Pilecki. Derek is a managing member and portfolio manager at Gator Capital Management, which manages Financials sector long/short portfolios for private partnerships and mutual funds. Since its inception in July 2008, Gator Capital has compounded capital at 21.0% per annum versus 11.8% for the S&P 500 over the same time period. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:48 - Derek’s experience of launching a financials-focused fund 10 weeks before the collapse of Lehman Brothers. 12:13 - Derek’s advice to aspiring hedge fund managers. 14:30 - How Derek achieved a return of 186% in 2009. 14:30 - What led Derek to purchase General Growth Properties, whose stock increased by 20x in less than one year. 23:25 - Why Warren Buffett likes financial companies, especially the big banks. 27:38 - Why Derek puts his focus on financial companies. 33:36 - How banks can create a sustainable competitive advantage in their market. 36:08 - Why First Citizens Bancshares is Derek’s top position in his fund. 46:44 - An update on the current market conditions for banks. 50:21 - How a high inflation environment would impact banks. 52:53 - Why Derek is long Robinhood. 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. ---Derek’s fund: [Gator Capital] (https://www.gatorcapital.com/) . ---Derek’s [letters] (https://www.gatorcapital.com/research-request-access) . ---Related Episode: Listen to [TIP634: Value Investing Fundametals w/ John Huber] (https://link.chtbl.com/WSB634) , or watch the [video] (https://www.theinvestorspodcast.com/episodes/value-investing-fundamentals-w-john-huber/) . ---Follow Derek on [Twitter] (https://x.com/gatorcapital?lang=en) . ---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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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

18 Oct 2024

1 HR 08 MINS

1:08:02

18 Oct 2024


#945

BTC204: Stablecoins vs Bitcoin w/ Allen Farrington (Bitcoin Podcast)

In this episode, Allen shares his thoughts on the Saifedean vs. Saylor debate on borrowing against Bitcoin, the role of stablecoins in expanding fiat, and their underlying protocols. He also delves into the risks of stablecoins compared to traditional bank accounts and highlights current technical risks in the crypto space. Allen gives his take on free speech and technologies like Nostr and discusses the growing custody and derivatives activity with institutions like BNY Mellon and IBIT. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:26 - Allen’s perspective on the Saifedean vs. Saylor debate regarding borrowing against Bitcoin. 05:55 - Why stablecoins may or may not be more risky than traditional bank accounts. 10:26 - How stablecoins might help in the expansion of fiat currencies globally. 14:46 - Technical risks that Allen is currently concerned about in the crypto space. 27:19 - Whether stablecoins require protocols like Tron or Solana for long-term functionality. 31:51 How institutional involvement is changing the crypto landscape, from custody to derivatives. 39:48 - Allen’s views on free speech, Nostr, and supporting technologies for Bitcoin. 45:48 - The significance of BNY Mellon’s custody services and the approval of derivatives for Bitcoin. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Allen's [(X) Twitter Account] (https://x.com/allenf32) . ---Allen on [Nostr] (http://primal.net/p/npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt) . ---Allen’s book: [Bitcoin Is Venice: Essays on the Past and Future of Capitalism] (https://www.amazon.com/Bitcoin-Venice-Essays-Future-Capitalism/dp/B09TTTGT11?_encoding=UTF8&dib_tag=se&dib=eyJ2IjoiMSJ9.GxSSBVciJ65-i7l2qZn4zw.u3gqs21PF-aJ3Emd0mKLNW4WJ94FJNydEvFowworQP0&qid=1728991844&sr=8-1&linkCode=ll1&tag=tipnetwork-20&linkId=2dbf67c85f5032622c2db1099cba8a35&language=en_US&ref_=as_li_ss_tl) . ---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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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

16 Oct 2024

1 HR 01 MINS

1:01:07

16 Oct 2024


#944

TIP668: What I learned About Investing w/ Stig Brodersen

In today's episode, Stig Brodersen outlines 10 things he has learned about investing since he started The Investor’s Podcast in 2014. In the second segment of the show, Clay Finck joins to discuss his top takeaways from his investing career.  IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:12 - Why you should be careful who you listen to about stock investing.  07:45 - Why you should not screen for stocks. 08:29 - Why Stig’s circle of competence is getting smaller. 11:31 - Why Stig do not read as many investing books as he used to. 16:05 - Why you should set up guardrails for yourself. 19:36 - Why you shouldn’t look at your track record more than once per year. 20:17 - Why you shouldn’t only have public equities in your portfolio. 31:23 - Why you should run your track record 1,000 times. 32:53 - How one could think about position sizing. 35:59 - What are the implicit assumptions? 45:43 - What Clay learned about investing. 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. ---Stig’s  [blog post] (https://www.theinvestorspodcast.com/articles/stig-brodersen-track-record-portfolio/)  on his portfolio and track record since 2014. ---Stig and Clay’s [podcast episode] (https://www.theinvestorspodcast.com/episodes/stigs-portfolio-performance-since-2014-w-stig-brodersen-clay-finck/) on Stig’s return since 2014. ---Criteria of [companies in the UK] (http://theinvestorspodcast.com/acquisition) that Stig is interested in buying. ---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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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 Oct 2024

1 HR 23 MINS

1:23:13

13 Oct 2024


#943

TIP667: Why Most Stocks Will Lose You Money w/ Professor Hendrik Bessembinder

On today’s episode, Clay is joined by Professor Hendrik Bessembinder to discuss his renowned research on the performance of individual stocks. Professor Bessembinder is a finance professor at Arizona State University, and his research titled, ‘Do Stocks Outperform Treasury Bills?’ has been referenced many times on the show. As a frequent speaker at conferences, financial markets, and universities around the world, Professor Bessembinder has more than 25 years of successful consulting experience, providing strategic advice and analysis for major firms, financial markets, and government agencies. IN THIS EPISODE YOU’LL LEARN: 01:58 - Why most stocks lose money in the long run. 10:26 - What level of asymmetry exists in the stock market. 12:47 - Why stocks continuously outperform treasury bills over long time periods. 15:02 - What the average drawdown for a high-performing stock is. 20:57 - The common characteristics of the biggest stock market winners. 34:28 - What it takes to be a stock picker in today’s market. 45:17 - What the best-performing stocks are since 1925. 51:48 - Whether there is skewness in international stocks to the same degree as US stocks. 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. ---Hendrik’s most well-known paper, [Do Stocks Outperform Treasury Bills?] (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2900447) ---Hendrik’s [research] (https://papers.ssrn.com/sol3//cf_dev/AbsByAuth.cfm?per_id=667) . ---Related Episode: Listen to [TIP654: Investing Across the Lifecycle w/ Aswath Damodaran] (https://link.chtbl.com/WSB654) , or watch the [video] (https://www.theinvestorspodcast.com/episodes/investing-across-the-life-cycle-aswath-damodaran/) . ---Related Episode: Listen to [TIP543: 100 Baggers: Stocks that Return 100-1 w/ Chris Mayer] (https://link.chtbl.com/WSB543) , or watch the [video] (https://www.theinvestorspodcast.com/episodes/100-baggers-stocks-that-return-100-1-w-chris-mayer/) . ---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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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

11 Oct 2024

1 HR 00 MINS

1:00:41

11 Oct 2024


#942

BTC203: Bitcoin Mining Decentralization with the Datum Protocol at Ocean Mining w/ Bitcoin Mechanic ...

In this episode, we dive into the technicalities of Bitcoin block templates, the Stratum V1 and V2 protocols, and the innovations brought by Ocean’s Datum Protocol. We also explore a fascinating story of Tesla hacking and the challenges of implementing decentralized mining pools. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:48 - What a Bitcoin block template is and its role in decentralization. 07:07 - The function and limitations of Stratum V1 software. 09:12 - How Stratum V2 aims to improve mining decentralization and why adoption has been slow. 14:52 - A fascinating story of how Jason Hughes hacked a Tesla in front of its Chief Technology Officer. 21:49 - How the Datum Protocol manages reward distribution among miners with different templates. 22:31 - How Ocean’s Datum Protocol enables decentralized block templates for both small and large miners. 41:36 - The challenges Ocean faces with large miners, especially regarding SOC2 compliance. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Bitcoin Mechanic on [X (Twitter] (https://x.com/GrassFedBitcoin) ), [Nostr] (http://primal.net/p/npub1wnlu28xrq9gv77dkevck6ws4euej4v568rlvn66gf2c428tdrptqq3n3wr) . ---Jason Hughes on [X (Twitter] (https://x.com/wk057) ). ---Ocean on [Discord.] (https://discord.gg/aChKpG9zHV) ---Ocean on [Nostr] (https://primal.net/p/npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze) . ---Related Episode: [Decentralizing Bitcoin Mining Pools with Bitcoin Mechanic] (https://link.chtbl.com/BTC161) . ---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 [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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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

09 Oct 2024

1 HR 03 MINS

1:03:59

09 Oct 2024


#941

TIP666: Compounding Beyond Wealth: Unlocking Life’s Hidden Potential w/ Clay Finck & Kyle Grieve

On today’s episode, Kyle Grieve chats with co-host Clay Finck about Clay’s favorite book, The Joys of Compounding. They discuss how compounding can profoundly affect people's lives inside and outside of investing, simple thinking tools to make better decisions, why humility is such an important trait all good investors possess, how to think about value and quality traps regarding evaluation, why you should emphasize compounding in your relationships with others and your health, and a whole lot more! IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 03:07 - Why compounding can be found in all areas of life 10:01 - The importance of self-education after a formal education in the wealth-building process 13:03 - Valuable thinking tools that can help you optimize your decision-making and think at a higher level 18:26 - A breakdown of two of Guatam Baid's first principles of investing 21:39 - The importance of humility in investing and understanding whether you have an advantage or disadvantages 29:05 - Why living life on your principles has been such a valuable tool for Warren Buffett, and how you can utilize the framework in your own life 43:25 - How this book helped Clay understand the value of owning high-quality businesses even when they look expensive 52:12 - The importance of culture in the lens of long-term investing and quality businesses 1:02:16 - How to utilize base rates in investing to improve decision-making by looking at public data or looking at your successes and failures 1:05:45 - Why compounding social relationships, intellectual processes, and health are so crucial to living a fulfilling life 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. ---Read [ ] (https://www.amazon.com/Nick-Zaks-Adventures-Capitalism-Partnership/dp/B09VWGKB3H?&linkCode=ll1&tag=tipnetwork-20&linkId=55b70f217c0cd438c5e08a7c0944cd37&language=en_US&ref_=as_li_ss_tl) [The Joys Of Compounding] (https://www.amazon.com/Joys-Compounding-Passionate-Lifelong-Learning/dp/9390351014?crid=26QLQR6PIFCY8&dib=eyJ2IjoiMSJ9.nuEhGItngfRM2wbxN5D0lOaNIMVQDfO9KVTir9c6qHLruodIH5T_cIirS1UBiECVnPamFg-bZHoBjOWrgjbZWG2oh_E9lpioZVsmkfSXKXektfuqC_b9crcj6GwRtVk0YUbcgORTWId0vIpZfBUrOv-LrWqBjK1GNH2XNBQ3chEVQnFyzxEG5KUao52IG8Cf1hQtCCPWS2qK_uabGCVFHDPyfQ8dE9sbkkPX--PU7iM.BAmNXeB4I-yZal08SwPJm96vk2oKKHPprrV4uGO_6OQ&dib_tag=se&keywords=the+joys+of+compounding&qid=1727724109&sprefix=the+joys+of+compounding%2Caps%2C169&sr=8-1&linkCode=ll1&tag=tipnetwork-20&linkId=9c61dca026d8a70afe26e73d421ff922&language=en_US&ref_=as_li_ss_tl) . ---Read [ ] (https://www.amazon.com/Nick-Zaks-Adventures-Capitalism-Partnership/dp/B09VWGKB3H?&linkCode=ll1&tag=tipnetwork-20&linkId=55b70f217c0cd438c5e08a7c0944cd37&language=en_US&ref_=as_li_ss_tl) [Principles: Life and Work] (https://www.amazon.com/Principles-Life-Work-Ray-Dalio/dp/1501124021?crid=31DZ0LWCUU4RP&dib=eyJ2IjoiMSJ9.35y9uWx-fGKNje9dJ2DlJ--XckmD34MevDgxmh_k197Ff55fqn9Em5VzWgmGqze5UEUQKBMXfrP8ujTEZRKXTbTW0I6nA96Plki0dfaIFhb8rmKc4byjZcHBnF4PJGphN_VVwV4vWPWsMriQhEMU3xTduK2wBViSEEOA9kKJ9jGHaybGgMVNhiOIP98zbmnLyJtyVao0Oe_cUDM7aQmeBwJmIRtdjvegNxULRfHxwX8.tfFxV-xDt7GXamnjiUmQ1e-HtUA1ldMvWZk1JIxwlEg&dib_tag=se&keywords=principles+by+ray+dalio&qid=1727724164&sprefix=principles+%2Caps%2C201&sr=8-1&linkCode=ll1&tag=tipnetwork-20&linkId=65097f23b2d73cbb725e4f91efa55cca&language=en_US&ref_=as_li_ss_tl) . ---Read [ ] (https://www.amazon.com/Nick-Zaks-Adventures-Capitalism-Partnership/dp/B09VWGKB3H?&linkCode=ll1&tag=tipnetwork-20&linkId=55b70f217c0cd438c5e08a7c0944cd37&language=en_US&ref_=as_li_ss_tl) [Selected Writings of Ralph Waldo Emerson] (https://www.amazon.com/Selected-Writings-Emerson-Signet-Classics/dp/0451531868?crid=3MT56WJ3JBGJO&dib=eyJ2IjoiMSJ9.TiUIIOz9jsYpIfEzz_cB1033gPEew4h9nf6xg7prd_6v0t1CUaqO9LpOCNLRjGMS_hFr0X_-pVJigXBq5uetsdgZfE8vIQznPAJpHlJ28vOW-fbS7AEQppNNcNb8n3v-n3DLzj2SzO7EYkfalr0EFT32QgRl8FHWcDO6zqs96wzVYl88jY9HWiFxx6LHBf6JizXuJ1Xo6czdffTmeIvdbRQvP4dAAfopQugKOLe2u4I.GJgJLhkJnA_PoqQnmj-KAs03U0s7nN73MfRTOQJB_34&dib_tag=se&keywords=the+selected+writings+of+ralph+waldo+emerson&qid=1727724210&sprefix=selected+writing+of+ralph%2Caps%2C173&sr=8-4&linkCode=ll1&tag=tipnetwork-20&linkId=f42104db305204d0511de26a6d21282a&language=en_US&ref_=as_li_ss_tl) . ---Follow Kyle on [Twitter] (https://twitter.com/IrrationalMrkts) and [LinkedIn] (https://www.linkedin.com/in/kylegrievetip/) . ---Follow Clay on [Twitter] (https://twitter.com/Clay_Finck) and [LinkedIn] (https://www.linkedin.com/in/clay-finck-8073a8a7/) . ---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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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

06 Oct 2024

1 HR 23 MINS

1:23:02

06 Oct 2024


#940

TIP665: The Most Important Thing by Howard Marks w/ Clay Finck & Kyle Grieve

On today’s episode, Clay and Kyle review The Most Important Thing by Howard Marks and share their most impactful takeaways. Howard Marks is the co-founder and co-Chairman of Oaktree Capital Management, a global investment giant with more than $190 billion in assets. He’s also the author of two best-selling books, “The Most Important Thing” and “Mastering the Market Cycle,” and his client memos have earned him renown as one of the world’s most insightful thinkers on financial markets and the art of investing. Warren Buffett has said, “When I see memos from Howard Marks in my mail, they’re the first thing I open and read. I always learn something.” IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 05:12 - How second-level thinking can improve our skills as investors. 10:54 - The most common reasons for a stock to be mispriced. 13:40 - Howard’s thoughts on the efficiency of markets. 18:26 - How Howard Marks thinks about risk. 28:25 - Ways in which we can recognize risk in the market. 50:31 - How to differentiate luck versus skill in investing. 01:10:55 - The importance of patient opportunism for investors like Pulak Prasad and Warren Buffett. 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. ---Books mentioned: [The Most Important Thing] (https://amzn.to/3XSlMbP) , [The Joys of Compounding] (https://amzn.to/3zRK1Pq) . ---Related Episode: [TIP545: The Third Sea Change Has Begun] (https://www.theinvestorspodcast.com/episodes/the-third-sea-change-has-begun-w-howard-marks/) . ---Related Episode: [RWH002: Investing Wisely in an Uncertain World] (https://www.theinvestorspodcast.com/richer-wiser-happier/investing-wisely-in-an-uncertain-world-w-howard-marks/) . ---Mentioned Episode: [TIP597: Darwin's Investing Lessons w/ Kyle Grieve] (https://www.theinvestorspodcast.com/episodes/darwins-investing-lessons-w-kyle-grieve/) . ---Follow Kyle on [Twitter] (https://twitter.com/IrrationalMrkts) . ---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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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

04 Oct 2024

1 HR 26 MINS

1:26:31

04 Oct 2024


#939

BTC202: Bitcoin Mastermind 3rd Quarter 2024 w Joe Carlasare, Jeff Ross, and America Hodl (Bitcoin Po...

In this episode, we dive into SAB 121’s implications on Bitcoin, discuss BNY Mellon’s crypto custody services, and explore how regulatory changes and institutional adoption could shape Bitcoin's future value. We also examine BlackRock’s demands on Coinbase, changes in M2 money supply, and Basel III’s risk weight requirements for cryptoassets. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:32 - The significance of BNY Mellon’s approval for custody services. 02:01 - Michael Saylor's three prerequisites for Bitcoin reaching $5M per coin. 16:06 - The impact of BlackRock’s 12-hour settlement window requirement for Coinbase. 21:41 - ESG trend changes driven by AI advancements. 24:36 - How SAB 121 requires banks to treat Bitcoin deposits as liabilities. 25:26 - The 1,250% risk weight requirement for Bitcoin under Basel III regulations. 30:37 - Why Silvergate’s bankruptcy may have been influenced by government actions. 34:38 - How stablecoins interact with traditional banking systems. 46:29 - Why Ethereum is currently facing a downward trend. 49:30 - The expansion of the M2 money supply and its implications for inflation. BOOKS AND RESOURCES ---America Hodl on [Nostr ] (https://primal.net/p/npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs) . ---Jeff Ross on [Nostr] (https://primal.net/p/npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l) . ---Joe Carlasare on [Twitter] (https://x.com/JoeCarlasare) , [Nostr] (http://primal.net/p/npub1s9z7pwy96thwt7zvmrlpfnddstezxxphx9rx3m0660sgkwld9eescjnszc) . 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 [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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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

02 Oct 2024

1 HR 20 MINS

1:20:04

02 Oct 2024


#938

TIP664: The Nomad Investment Partnership Way: Quality In Business and Beyond w/ Kyle Grieve

On today’s episode, Kyle Grieve discusses the investing philosophy and concepts from the Nomad Investment Partnership, how they created their fund structure to align themselves with partners, why they settled on inactivity, the powerful effects of businesses that share profits with customers rather than shareholder, how they ended up focusing on the scale economies shared business model, how they dealt with commitment bias, and a whole lot more! IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 04:17 - How Nomad Investment Partnership created their ground rules to succeed in the long term 05:37 - The rare and unconventional way that Nomad wanted to be evaluated by their partners 09:13 - Why inactivity only works with certain businesses, and NOT all businesses 13:48 - The extraordinary returns of Costco, Amazon, and Berkshire Hathaway since the depths of the GFC, and a great insight into what Nomad said about that particular time 15:26 - Why Nomad focused on the scaled economics shared business model 20:29 - How Nomad utilized the concept of a "cone of uncertainty" to better understand risk and help with position sizing 29:12 - Why a deep understanding of a business earlier than the market is so beneficial and allows you to have outsized position sizes that can continue growing at market-beating returns 31:46 - Why your next best investing opportunity might already be in your portfolio 40:41 - Specific questions to ask to help you utilize destination analysis for long-term holdings 43:03 - The four most powerful mistakes that Nick and Zak observed 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. ---Read [Nick and Zak's Adventures in Capitalism by The Rational Cloner] (https://www.amazon.com/Nick-Zaks-Adventures-Capitalism-Partnership/dp/B09VWGKB3H?&linkCode=ll1&tag=tipnetwork-20&linkId=55b70f217c0cd438c5e08a7c0944cd37&language=en_US&ref_=as_li_ss_tl) . ---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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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

29 Sep 2024

1 HR 02 MINS

1:02:24

29 Sep 2024


#937

TIP663: The Truth About Private Equity w/ Ted Seides

On today’s episode, Clay is joined by Ted Seides to discuss his new book — Private Equity Deals: Lessons in investing, dealmaking, and operations from private equity professionals. Over the past 20 years, the private equity industry has gone from a cottage industry to a powerful juggernaut that touches every corner of the global economy — now totaling over $6 trillion. Ted is the former president and Co-CIO of Protege Partners, and prior to that, he was a senior associate, working under investing legend David Swensen at Yale. He is the host of the popular podcast — Capital Allocators. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:04 - What has led to the growth in private equity over the past few decades? 06:39 - Why David Swensen referred to private equity as a superior form of capitalism. 08:47 - Why private equity has outperformed public equities as an industry. 14:19 - How the lock-up period in private equity impacts returns. 18:03 - Ted’s take on why private equity has been given a poor reputation. 28:34 - The importance of pricing to the seller in a private equity deal. 30:17 - How interest rate hikes have impacted private equity. 32:17 - An overview of KKR’s “perfect private equity deal.” 38:27 - An overview of Apollo’s purchase of Yahoo in 2021. 49:34 - An overview KPS Partners’ purchase of TaylorMade. 57:24 - What types of investors should consider an allocation to private equity? 59:18 - Ted’s portfolio allocation. 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. ---Ted’s book: [Private Equity Deals] (https://amzn.to/3zAagtG) . ---Ted’s book [Capital Allocators] (https://www.amazon.com/Capital-Allocators-worlds-managers-invest/dp/0857198866) . ---Capital Allocators [Website] (https://www.capitalallocators.com/) & [Podcast] (https://capitalallocators.com/) . ---Follow Ted on [Twitter] (https://x.com/tseides)  & [LinkedIn] (https://www.linkedin.com/in/tedseides/) . ---Related Episode: [TIP444: The Changing World of Endowments & ESG Investing w/ Ted Seides] (https://www.theinvestorspodcast.com/episodes/the-changing-world-of-endowments-and-esg-policies-w-ted-seides/) . ---Mentioned Episode: [TIP654: Investing Across the Lifecycle w/ Aswath Damodaran] (https://www.theinvestorspodcast.com/episodes/investing-across-the-life-cycle-aswath-damodaran/) . ---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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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 [ Apple Podcasts] (https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489) ! 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) 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 Sep 2024

1 HR 07 MINS

1:07:27

27 Sep 2024


#936

BTC201: eCash on Bitcoin & Nostr w/ Calle from Cashu (Bitcoin Podcast)

Join us as Calle, the creator of Cashu Protocol, explores how Cashu enhances the Bitcoin Lightning Network by offering a privacy-focused solution for micropayments. We delve into key topics such as custodial vs. non-custodial Bitcoin solutions, Cashu’s impact on network growth, and the future of Nostr integration with Bitcoin. Calle also explains how Cashu balances security with usability while aiming to promote global scalability and decentralization. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 05:04 - What motivated the creation of Cashu and its core value to the Bitcoin Lightning Network. 08:22 - How Cashu works on a basic level and its role in simplifying micropayments. 15:11 - How Cashu enhances privacy compared to other solutions within the Lightning Network. 22:26 - The challenges Cashu faces in driving user adoption and how they might be overcome. 22:49 - The difference between custodial and non-custodial Bitcoin solutions and why this matters. 30:13 - Why micropayments are more scalable with custodial solutions due to technical limitations. 32:31 - The role of decentralization in Cashu's future, especially given the involvement of custodians. 37:11 - How Cashu integrates with the Lightning Network to facilitate secure, private transactions. 48:40 - How Nostr can be used to prevent the centralization of DNS and what this means for Bitcoin. 54:17 - Technological innovations like atomic multi-hop payments and their significance. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Calle's [X (Twitter) Account] (https://x.com/callebtc) . ---Calle's [Github] (https://t.co/7YQaDw7pea) . ---Calle's [Nostr] (https://primal.net/p/npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg) . ---Calle's [Website] (https://cashu.space/) . ---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 [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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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

25 Sep 2024

1 HR 15 MINS

1:15:47

25 Sep 2024


#935

TIP662: Building Buffett: The Foundation Of Success w/ Kyle Grieve

On today’s episode, Kyle Grieve discusses an underrated book called “Warren Buffett’s Ground Rules” by Jeremy Miller, he’ll discuss how to avoid being taken advantage of by Mr. Market, how to maximize the effects of compounding, how Warren thinks about tracking investment performance, how Buffett aligned himself with his partners, why contrarianism is such a good trait in investing, the challenged of scaling capital and a whole lot more! IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 04:34 - How to think about the time lag between a businesses changing fundamentals and its market price 10:30 - The story that taught Warren Buffett about the magic of compounding 15:07 - Why avoiding frictional costs is so crucial to maximizing your ability to compound your money 35:25 - The five characteristics to avoid if you want to outperform the market 36:15 - The four investing buckets that Buffett invested in 40:04 - Warren's strategies for investing in generals, merger arbitrage, and controls 41:04 - Contrasting contrarianism and conservatism in investing and how to leverage it to make better investments 55:00 - Warren's early thoughts on concentration and diversification 59:28 - The two primary reasons scaling up capital can erode investment returns 1:03:24 - The importance of sticking to your investing principles and not dropping them just because other people are succeeding in unsustainable ways 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 Warren Buffett’s Ground Rules [here] (https://www.amazon.com/Warren-Buffetts-Ground-Rules-audiobook/dp/B01COQZV06?crid=291DVH7SM2Z7L&dib=eyJ2IjoiMSJ9.MXcqpEAQb2sTpwO7AObNuigCQLaifSR5MiFzuZSUqd5pKP_M9DPktMUz8aChUNlLbpsiJnxHspfgj7jLVvObsdgZ07A6eZU5uwPRbPd5fRJm66qJzA6N95wk8FNDkitw0PqBgARfj6qIFWrcQhP8TjtOJcK24mBoYifdsbLXaOTTGXwPc7o36x3VfS6SWvDRz94X7n1p1zhtwxkba97aWmYHqJxuyyOJX9T1QcQZBe0.art7LDwVrChYcAu5C_w4HvgJ4559u8a6Qi4uDVKOG5M&dib_tag=se&keywords=warren+buffett%27s+ground+rules&qid=1723575001&sprefix=warren+buffett%27s+grou%2Caps%2C162&sr=8-1&linkCode=ll1&tag=tipnetwork-20&linkId=23d8564e692b4dcb55d6940747a7fe1e&language=en_US&ref_=as_li_ss_tl) . ---Read the Buffett Partnership Letters [here] (https://www.ivey.uwo.ca/media/2975913/buffett-partnership-letters.pdf) . ---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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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 [ Apple Podcasts] (https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489) ! 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) 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 Sep 2024

1 HR 17 MINS

1:17:33

22 Sep 2024


#934

TIP661: Betting Big on China & Lessons from Bear Markets w/ Richard Lawrence

On today’s episode, Clay is joined by Richard Lawrence. Richard is the Founder and Executive Chairman of Overlook Investments, a leading value-oriented investment firm in Asia that he founded in 1991. Over a 30-year time period, Overlook compounded capital at 14.3% per year — a remarkable record of growth that is a testament to their consistent ability to find and invest in Asia’s best companies. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:53 - Why the 1980s was the most transformative period in Asia’s history. 04:03 - Key lessons that Richard learned from his father, who owned an investment firm in New York. 07:10 - Why Richard prefers to invest in the most simple businesses. 12:23 - What Richard learned from having his apartment ransacked after publicly calling out a management team his firm invested in. 13:17 - What was happening during the Asian financial crisis that made it an economic nightmare for businesses all throughout Asia? 22:33 - Why Richard regrets ever listening to Buffett’s advice on ignoring the broader macro environment when investing in great companies. 23:51 - How Richard helped Taiwan Semiconductor improve their capital allocation decisions. 38:55 - Why Richard generally prefers dividends over share buybacks. 42:24 - What led Richard to recommend TSMC’s stock to Warren Buffett? 44:33 - Why Overlook has started to bet big on China. 50:49 - Richard’s view on the current macro situation in China. 58:55 - The biggest misconceptions that US investors have with respect to China. 01:00:35 - How Jeremy Grantham influenced Richard to be more mindful about the environmental risks that lie ahead 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. ---Richard’s fund: [Overlook Investments] (https://overlookinv.com/) . ---Richard’s book: [The Model] (https://amzn.to/3zBkda6) . ---Book mentioned: [The Economics of Climate Change] (https://amzn.to/4ddRiXq) . ---John Holdren’s [annual presentation on climate change] (https://www.belfercenter.org/publication/meeting-energy-climate-challenge-science-technology-and-policy-crossroads#:~:text=On%20October%203%2C%202022%2C%20John,recording%20of%20his%20talk%20can) . ---Related Episode: Listen to [WSB647: Value Investing Masterclass w/ Soo Chuen Tan] (https://link.chtbl.com/WSB647) , or watch the [video] (https://www.theinvestorspodcast.com/episodes/value-investing-masterclass-soo-chuen-tan/) . ---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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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 [ Apple Podcasts] (https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489) ! 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

20 Sep 2024

1 HR 15 MINS

1:15:49

20 Sep 2024


#933

BTC200: Base Fiat Money and Bitcoin w/ Matthew Mežinskis (Bitcoin Podcast)

In this episode, Matthew Mežinskis shares insights from his 6 years of research on base money trends, inflation vs. deflation, and the growth of Bitcoin. We delve into historical examples like Kublai Khan, examine the impact of population growth, and explore why central bank actions now face greater scrutiny. Mežinskis also explains why he views CBDCs as mere imitations of Bitcoin's success and sheds light on Bitcoin’s long-term growth potential. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:37 - What "base money" is and its current trends in the global economy. 05:17 - Why people are scrutinizing central banks more now than in past decades. 21:03 - How Bitcoin’s compound annual growth rate compares to traditional assets. 31:15 - The role of population growth in monetary trends. 35:08 - The potential impact of Bitcoin adoption on the global economy. 38:59 - Bitcoin’s supply dynamics during price stability and what that signals for the future. 43:03 - Why Matthew refers to CBDCs as "LARPing" on Bitcoin’s success. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Matthew's [X (Twitter) Account] (https://x.com/1basemoney) . ---Matthew’s Website: [Porkopolis.io] (https://www.porkopolis.io/topmoney/) ---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 [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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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) 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

18 Sep 2024

1 HR 10 MINS

1:10:36

18 Sep 2024


#932

TIP660: Mastermind Q3, 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 Betsson is one of them. Hari’s pick, Nintendo, is at an attractive spot in the console cycle, and Tobias pitches Virtu, a value stock trading at an appealing valuation.  IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:04 - Why Toby has invested in Virtu Financial (Ticker on NASDAQ: VIRT). 13:23 - The bear case for Virtu, including a discussion of whether their service is superior. 24:44 - Why Hari is bullish on Nintendo (Ticker on the Japanese Stock Exchange: 7974). 26:19 - The bear case of Nintendo, including their valuation.  43:14 - Stig’s bull case is for Betsson (Ticker on the Swedish Stock Exchange: BETS).  55:56 - The bear case for Betsson, including their exposure to Turkey. 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 Q2 2024 – TIP632] (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 – TIP586] (https://link.chtbl.com/TIP5586)  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 – TIP576] (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 – TIP557] (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 – TIP528] (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 return] (https://www.theinvestorspodcast.com/articles/stig-brodersen-track-record-portfolio/) .  ---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=9ea49f8110bd88b1aa88c7a311f73f73&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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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 [ Apple Podcasts] (https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489) ! 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

15 Sep 2024

1 HR 33 MINS

1:33:47

15 Sep 2024


#931

TIP659: Hermès Stock Deep Dive w/ Shree Viswanathan

On today’s episode, Clay is joined by Shree Viswanathan for a stock deep dive on Hermès. Hermès is a luxury goods manufacturer renowned for its high-quality craftsmanship. The brand is known for its iconic products, such as the Birkin and Kelly bags, silk scarves, and equestrian-inspired items. Since the IPO in 1993, shares of Hermès have compounded at 20.6% (excluding dividends), while the S&P 500 had a total return of just 10.4%.  Shree Viswanathan is the founder and portfolio manager of SVN Capital. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:38 - A business overview of Hermès. 10:28 - Examples of Hermès thinking exceptionally long-term in their business strategy. 30:16 - The attempted takeover of Bernard Arnault. 37:59 - The strength of Hermès’ moat. 56:01 - The growth opportunities ahead for Hermès and the luxury industry more broadly. 01:03:22 - How Hermès approaches capital allocation. 01:14:15 - Shree’s thoughts on Hermès’ valuation. 01:29:51 - Risks that investors should monitor for Hermès. 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. ---Shree’s fund: [SVN Capital] (https://www.svncapital.com/) . ---Follow Shree on [Twitter] (https://twitter.com/SvnCapital) . ---Best Anchor Stocks [write-ups] (https://www.bestanchorstocks.com/) on Hermès. ---Books mentioned: [100 Baggers] (https://amzn.to/3XASO1j) , [The Founder’s Mentality] (https://amzn.to/4glqA1W) , [The Luxury Strategy] (https://amzn.to/3ZgoOco) . ---Stewart Brand’s [seminar] (https://longnow.org/seminars/) on long-term thinking. ---Howard Marks’ [podcast] (https://www.youtube.com/watch?v=Ea3shooJW0o) with Morgan House. ---Related Episode: [WSB585: Concentrated Value Investing w/ Shree Viswanathan] (https://www.theinvestorspodcast.com/episodes/concentrated-value-investing-w-shree-viswanathan/) . ---Mentioned Episode: [WSB645: The King of Luxury w/ Christian Billinger] (https://www.theinvestorspodcast.com/episodes/the-king-of-luxury-bernard-arnault-lvmh-w-christian-billinger/) . ---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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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 [ Apple Podcasts] (https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489) ! 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

13 Sep 2024

1 HR 42 MINS

1:42:24

13 Sep 2024


#930

BTC199: Bitcoin's Collateral in Real Estate w/ Leon Wankum (Bitcoin Podcast)

This episode covers key real estate market trends amid rising inflation and interest rates, particularly in city centers. We discuss the markdown of commercial properties, the impact on rental vs. ownership rates, and regional pricing variations. The conversation also explores how Bitcoin can serve as collateral for real estate development, acting as a hedge against inflation, and the potential of Bitcoin-backed loans. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:08 - How rising inflation impacts real estate, particularly in city centers. 03:12 - The effect of higher inflation on CAPEX and operational expenses for developers. 05:08 - Key reasons for the markdown of commercial real estate and its potential evolution. 08:42 - Predictions for rental rates vs. ownership rates in a high-interest environment. 13:15 - Regional variations in real estate pricing and how they affect investment strategies. 19:35 - How Bitcoin can serve as a hedge against inflation in real estate development. 27:38 - The potential for Bitcoin to protect against property confiscation. 33:59 - The benefits of using Bitcoin as collateral versus traditional assets. 34:22 - How Bitcoin-backed loans differ in terms of risk and structure from traditional real estate financing. 45:40 - The future of Bitcoin as a standard asset class for real estate collateral. BOOKS AND RESOURCES ---Leon's [X (Twitter) Account] (https://x.com/leonwankum) . ---Leon on [Nostr] (https://primal.net/p/npub1v5k43t905yz6lpr4crlgq2d99e7ahsehk27eex9mz7s3rhzvmesqum8rd9) . ---Leon's [Newsletter] (https://leonwankum.substack.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 [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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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) 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

11 Sep 2024

1 HR 03 MINS

1:03:52

11 Sep 2024


#929

TIP658: Peter Lynch’s Guide to Investing in Your Expertise w/ Kyle Grieve

On today’s episode, Kyle Grieve discusses the importance of simplicity and understanding for investment success, why you can succeed in investing while being wrong often, cloning characteristics too many investors follow that should be avoided to improve investing success, the significant differences in analyzing large and small businesses, how to treat stock tips with caution to avoid risky investments, why separating your investments into subtypes can be a helpful investing tool, and a whole lot more! IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 03:44 - Why investing in things that you understand well is still such a big competitive advantage in investing. 04:59 - The vital interplay between fundamentals, momentum, value, and price. 11:18 - How to succeed in investing while being dead wrong 40% of the time. 16:12 - Why market timing is one of the quickest ways to decrease returns. 18:18 - The crucial connection of contrarianism and patience that Peter says makes a successful investor. 21:05 - The significant differences in analyzing small businesses compared to larger businesses. 31:34 - Why you should look to market pricing to find great opportunities and not to assess performance. 32:45 - How you should treat stock tips. 37:05 - 13 unconventional characteristics of outstanding investments. 52:51 - Lynch's six investment types, and why delineating them was important. 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 One Up On Wall Street [here] (https://www.amazon.com/One-Up-Wall-Street-Already/dp/0743200403?crid=3C2Z1GZ3OB7GL&dib=eyJ2IjoiMSJ9.8EUf2jZ0SXgZ9Zxzv5uOBPWflOXONQXSUzhZcTzdOkxyyWApW4fYVOwwtxDiq7R0-zGLH8zuIcST3vbOY0qYYnBXbKu7IzZ8FTOkM3cV19i_2mYwoJnEziiN-H809lxAHiVxSHNbbgYoet1SY68F3JPp_gYgtq9sq31d_jlSw7V3s0i3oBLzBKzHNCtLRm-XQFX9m5kUsfHg5weO0BWFkm4KlVSFU08cuYhOQMgen7s.hL1ONJFx1gpDY2UnXb2LLOnBw-HKBd3bLBTo5c_DCOo&dib_tag=se&keywords=one+up+on+wall+street+peter+lynch&qid=1725287494&sprefix=one+up+on+wall%2Caps%2C225&sr=8-1&linkCode=ll1&tag=tipnetwork-20&linkId=7052b9baf1bc983c9f73a78da6595676&language=en_US&ref_=as_li_ss_tl) . ---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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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 [ Apple Podcasts] (https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489) ! 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

08 Sep 2024

1 HR 10 MINS

1:10:23

08 Sep 2024


#928

TIP657: Morgan Housel's Lessons to Build Wealth w/ Clay Finck

On today’s episode, Clay shares the most important lessons he’s learned from Morgan Housel. Morgan Housel is a partner at The Collaborative Fund. He's the New York Times Bestselling author of The Psychology of Money and Same As Ever. His books have sold over 4.5 million copies and have been translated into more than 50 languages. He also serves on the board of directors at Markel. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:24 - Why the best story wins. 09:35 - Why the biggest risk is the one nobody sees coming.  23:03 - The seduction of pessimism and why it pays to be an optimist. 27:18 - The importance of understanding ‘enough’. 44:42 - The importance of patience and investing with a long time horizon. 52:34 - The impact of debt.  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. ---Morgan’s books: [The Psychology of Money] (https://amzn.to/47hJ4w3) & [Same as Ever] (https://amzn.to/4dOfdhu) . ---Morgan's [podcast on debt with Howard Mark] (https://collabfund.com/blog/podcast-with-howard-marks/) . ---Related Episode: Listen to [TIP602: Same as Ever w/ Morgan Housel] (https://link.chtbl.com/WSB602) , or watch the [video] (https://www.theinvestorspodcast.com/episodes/same-as-ever-w-morgan-housel/) . ---Related Episode: Listen to [TIP351: The Psychology of Money w/ Morgan Housel] (https://link.chtbl.com/WSB351) , or watch the [video] (https://www.theinvestorspodcast.com/episodes/psychology-of-money-w-morgan-housel/) . ---Mentioned Episode: [RWH016: The Best of the Best w/ Francois Rochon] (https://www.theinvestorspodcast.com/richer-wiser-happier/the-best-of-the-best-w-francois-rochon/) . ---Mentioned Episode: [RWH013: Move Slow, Win Big w/ Thomas Russo] (https://www.theinvestorspodcast.com/richer-wiser-happier/move-slow-win-big-w-thomas-russo/) . ---Mentioned Episode: [TIP559: Mastering the Market Cycle w/ Howard Marks] (https://www.theinvestorspodcast.com/episodes/mastering-the-market-cycle-by-howard-marks/) . ---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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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 [ Apple Podcasts] (https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489) ! 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) 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 Sep 2024

1 HR 04 MINS

1:04:55

06 Sep 2024


#927

BTC198: Institutions Adopting Bitcoin w/ Max Kei and Pascal Hugli (Bitcoin Podcast)

In this episode, Preston interviews Max Kei and Pascal Hugli, diving deep into how Bitcoin's unique characteristics position it as the ultimate collateral for institutional lending. The discussion covers key topics such as risk management, the role of stablecoins, peer-to-peer lending versus traditional finance, and the future of Bitcoin in institutional portfolios. Max and Pascal share their perspectives on the barriers to institutional adoption, the evolving regulatory environment, and the innovations shaping the future of Bitcoin lending and borrowing platforms. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 09:47 - How Bitcoin’s 24/7 liquidity and decentralized nature make it the most pristine collateral for lending and borrowing. 16:59 - The impact of Bitcoin’s deep liquidity on risk management strategies for institutions. 20:45 - The challenges and opportunities for institutions in adopting Bitcoin compared to traditional assets. 24:45 - Insights into Bitcoin’s performance in institutional portfolios and how it shapes future portfolio management. 32:13 - The future of Bitcoin lending and borrowing platforms and the innovations on the horizon. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Max Kei’s Institutional Borrowing and Lending platform: [Debifi] (https://debifi.com/) . ---Max and Preston: [The Future of Bitcoin Borrowing and Lending w/ Max Kei (BTC177)] (https://www.youtube.com/watch?v=0DJcXYs5dtE) . ---Max Kei's [ X Account] (https://x.com/keidunm) and [Nostr] (https://primal.net/p/npub1797h37mc98f6363m5nysxd0t2swuz7nxq4z83saw77em3czld6xqvuar68) . ---Pascal Hugli’s [X Account ] (https://x.com/pahueg) and [Nostr] (https://primal.net/p/npub1qhx7lnggpv64f0wt5xyjj7h90qh5ewu35pspr66sj8alc4gvcfjqqn04l8) . ---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 [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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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) 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

04 Sep 2024

1 HR 04 MINS

1:04:23

04 Sep 2024


#926

RWH049: Crushing The Market Over 50 Years w/ Jay Bowen

In this episode, William Green chats with Harold J. (“Jay”) Bowen III, President & CIO of Bowen, Hanes & Company. Jay & his late father generated dazzling returns for their biggest client, the Tampa Firefighters’ & Police Officers’ Pension Fund. The fund’s stock portfolio has achieved an annualized return of 14.4% over 50 years & a cumulative return of more than 81,000%. Here, Jay explains how they pulled this off, sharing one of the great untold stories of the investment world.  IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 08:37 - What makes the Tampa Firefighters’ & Police Officers’ Pension Fund special. 17:54 - How Jay Bowen’s father came to run the fund half a century ago. 29:09 - How to thrive by slashing fees, shunning consultants, & thinking long term. 38:54 - Why Jay takes a top-down thematic investment approach. 43:03 - How the fund made a fortune buying Coca-Cola before Buffett. 47:15 - Why it pays to bet on extraordinary CEOs. 51:09 - Why truly long-term investors shouldn’t bother with bonds. 1:05:31 - How Jay is positioned to profit from the Fourth Industrial Revolution. 1:10:27 - How he thinks about pricey stocks like Nvidia & Costco. 1:14:29 - How he invests in smaller companies he sees as future blue chips. 1:18:06 - Why he’s obsessed with the Federal Reserve. 1:22:16 - How to invest successfully in times of market mayhem. 1:37:58 - How being an endurance athlete has helped Jay as an investor. 1:53:58 - How he structures his days to optimize performance. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Jay Bowen’s investment firm, [Bowen, Hanes & Company] (https://www.bowenhanes.com/) .  ---Links to Jay Bowen’s [media appearances] (https://www.bowenhanes.com/recent-news) . ---William Green’s podcast episode with [Fred Martin] (https://link.chtbl.com/RWH020) | [YouTube Video] (https://www.theinvestorspodcast.com/richer-wiser-happier/the-disciplined-growth-investor-w-fred-martin/) . ---William Green’s podcast episode with [Bob Robotti] (https://link.chtbl.com/RWH046) | [YouTube Video] (https://www.theinvestorspodcast.com/richer-wiser-happier/a-new-golden-age-w-bob-robotti/) . ---William Green’s book, “Richer, Wiser, Happier” – [read the reviews] (https://www.amazon.com/Richer-Wiser-Happier-Greatest-Investors/dp/1501164856?&linkCode=ll1&tag=tipnetwork-20&linkId=5e63abc914939d017bb94511e01c9eff&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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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 [ Apple Podcasts] (https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489) ! 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

01 Sep 2024

2 HR 15 MINS

2:15:30

01 Sep 2024


#925

TIP656: Mastering Stock Selection with an Investment Checklist w/ Clay Finck

On today’s episode, Clay offers a detailed guide on creating an investment checklist to help you avoid picking losing stocks. An investment checklist, paired with thorough fundamental analysis, is crucial for making informed and intelligent decisions in the investing world. Great investment opportunities are rare, and a well-crafted checklist is key to distinguishing exceptional companies from mediocre ones. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:44 - Why fundamental research is essential to invest successfully. 04:47 - How to generate new investment ideas. 06:47 - How to understand the basics of a business. 08:31 - How to understand the customer base. 10:32 - How to determine the primary risk factors of a business. 19:19 - How to evaluate the strengths and weaknesses of a company. 28:25 - Which financial and operating ratios investors should monitor? 32:53 - How to determine the quality of a company’s earnings and management team. 01:06:51 - How to evaluate growth opportunities. 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. ---Books mentioned: [The Investment Checklist] (https://amzn.to/4g7e9qk) , [7 Powers] (https://amzn.to/4dN2o7a) , [Investment Intelligence from Insider Trading] (https://amzn.to/479epBm) . ---Mentioned Episode: [TIP652: Best Quality Idea Q3 2024 w/ Clay Finck & Kyle Grieve] (https://www.theinvestorspodcast.com/episodes/best-quality-idea-q3-2024-clay-finck-kyle-grieve/) . ---Mentioned Episode: [TIP600: Business Durability and Strategy Masterclass w/ Hamilton Helmer] (https://www.theinvestorspodcast.com/episodes/business-durability-and-strategy-masterclass/) . ---Mentioned Episode: [TIP604: Best Quality Idea Q1 2024 w/ Clay Finck & Kyle Grieve] (https://www.theinvestorspodcast.com/episodes/best-quality-idea-q1-2024-w-clay-finck-kyle-grieve/) . ---Mentioned Episode: [TIP602: Same as Ever w/ Morgan Housel] (https://www.theinvestorspodcast.com/episodes/same-as-ever-w-morgan-housel/) . ---Mentioned Episode: [TIP492: The Best Investor You've Never Heard Of — Nick Sleep] (https://www.theinvestorspodcast.com/episodes/the-best-investor-youve-never-heard-of/) . ---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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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 [ Apple Podcasts] (https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489) ! 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) 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

30 Aug 2024

1 HR 18 MINS

1:18:56

30 Aug 2024


#924

BTC197: What are Bitcoin Fedimints w/ Obi Nwosu and Renata Rodrigues (Bitcoin Podcast)

In this episode, we dive into the challenges of Bitcoin payments and scaling, and how Fedi is addressing these issues. Obi Nwosu explains the concept of Fediments and guardians, while Renata Rodrigues shares her on-the-ground experiences in Africa, discussing the real-world impact of Fedi on communities. We also explore the tools within the Fedi app that empower users to earn sats and the potential of Fedi to unlock talent trapped by financial repression. Additionally, Obi and Renata discuss Fedi’s move towards open-source, social backup mechanisms, and their partnership with Save the Children. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 03:54 - The major problem that Fediments solve for Bitcoin payments and scaling. 04:31 - How guardians function within the Fedi ecosystem and the role they play in protecting user privacy. 05:43 - The concept of the Fedi Order and how it supports the Fedi ecosystem. 15:33 - Insights from Renata Rodrigues on the conversations happening in Africa around Bitcoin adoption. 18:43 - Obi Nwosu's perspective on how financial repression is trapping talent globally and how Fedi can help unlock it. 28:30 - How vendors are responding to incorporating Fedi into their stores. 30:01 - The tools inside the Fedi app, known as Fedi Mods, that enable people to earn sats. 32:17 - The importance of social backup and stable channels within the Fedi ecosystem. 43:35 - Fedi’s partnership with Save the Children and how it is making a difference. 46:52 - How to start your own Fedimint and the timeline for getting set up. 51:00 - Fedi's transition towards becoming open source and what it means for the future. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES ---Watch the [Fedi Live Event at Fedi.xyz] (https://www.fedi.xyz) . ---You can follow [Fedi on X] (https://x.com/fedibtc) and [Nostr] (https://primal.net/p/npub1uq70uqgas9pyhds2zt57kr9se8rg3s68ztphjnq82ts8rzeknmeql7u0c2) and join the Fedi [Telegram community here] (https://t.me/fedibtc) . ---Download the [Fedi App] (https://www.fedi.xyz/product) . ---Connect with Developers on [Fedimint and Discord here] (https://discord.com/invite/Fpu7pjJe) . ---Check out all the books mentioned and discussed in our podcast episodes  [here] (https://prodcast.io/btc) . ---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 [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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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) 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

28 Aug 2024

1 HR 10 MINS

1:10:23

28 Aug 2024


#923

TIP655: Hustle, Trust, and Cash Flow: Nike’s Genesis w/ Kyle Grieve

On today’s episode, Kyle Grieve discusses a wonderfully well-written autobiography, “Shoe Dog” by Phil Knight, the founder of Nike. He discusses the importance of identifying and pursuing true happiness while ensuring a stable income as a fallback, the value of hustle, the importance of trust with your suppliers, why focus is so vital to business success, the hidden downsides of issuing equity, the importance of maintaining cash reserves, the complexities of growing a business, and a whole lot more! IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:30 - The importance of being aware of what will make you happy in life, and pursuing it with deep focus 07:37 - Why happiness can't be fulfilled based purely on increased earnings power 09:42 - Why hustle and unconventionality is so important to getting a nascent business off of the ground 15:36 - The difficulties of aligning incentives between lenders and borrowers in fast-growing businesses 23:29 - The importance of creating an enemy in business to help motivate executives to continue innovating and improving 25:31 - Why focused business leaders are so important, and why you want to avoid CEOs doing excessive side projects 28:56 - The aspects of cloning Phil took to increase exposure for the Nike brand 32:49 - Why maintaining positive cash balances is so important to the health of a business 47:23 - Why public businesses use dual share structures so management can maintain control 47:58 - Why IPO's have misaligned incentives for investors 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 Shoe Dog [here] (https://www.amazon.com/Shoe-Dog-Memoir-Creator-Nike/dp/1501135910?crid=44FZ7BSCRZPU&dib=eyJ2IjoiMSJ9.FFFr15Bac1whXaWPmG8IPcbIJ4yV0zgU87ZWbTxfwjy23by5Gdj1nBdjVN4F9yUp3JlmplimUi8z_w-2QQ_wGr7F28fbSue5g5XlLXRenf9D8Sjo09CVPnPyI85Tp_tmWo17h9DiIyrEiwAPOcL1tL_n2xAcj_5ltXqBCTOXYEOGrxTst-lVI1bkM9IJYFml2MdwVdI8KPs2HjtDgri8Q8jBMzidHXywiN3kOZvclRQ.-lVkqZIlMGM8FRPQ_F7CKI_R-8qtcHUoW196VKNVRKg&dib_tag=se&keywords=shoe+dog&qid=1724092039&sprefix=shoe+dog%2Caps%2C171&sr=8-1&linkCode=ll1&tag=tipnetwork-20&linkId=07542981a5abcae5fe4fbc5ff3490f68&language=en_US&ref_=as_li_ss_tl) . ---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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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 [ Apple Podcasts] (https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489) ! 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) 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

25 Aug 2024

1 HR 03 MINS

1:03:32

25 Aug 2024


#922

TIP654: Investing Across the Life Cycle w/ Aswath Damodaran

On today’s episode, Clay Finck is joined by Aswath Damodaran to discuss his new book, The Corporate Life Cycle.  Aswath Damodaran is a professor at NYU of corporate finance and valuation and has taught thousands of students how to value companies and pick stocks. He has written numerous books on valuation and has also made all of his university courses available online for free. Aswath is one of the clearest teachers of finance and investing in the industry. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:48 - What the corporate life cycle is and why it’s important. 01:48 - Why value investors should be open to investing at different points in the life cycle. 09:32 - Why the job of management is to maximize shareholder value. 17:21 - The difference in returns between value and growth investing. 27:44 - How the story and narrative around Tesla has changed over the past decade. 43:02 - How management’s skillset needs to change throughout the corporate life cycle. 50:41 - How companies should handle the decline phase of the life cycle. 58:23 - Why Aswath is against concentrating 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. ---Check out Aswath’s new book — [The Corporate Life Cycle] (https://amzn.to/4cBLI0X) .  ---Check out Aswath’s [Website] (https://pages.stern.nyu.edu/~adamodar/New_Home_Page/home.htm) .  ---Check out Aswath’s [YouTube Channel] (https://www.youtube.com/@AswathDamodaranonValuation) . ---Mentioned Episode: [WSB508: Buffett's Purchase of TSM & Meta "Doomsday" Analysis] (https://www.theinvestorspodcast.com/episodes/berkshires-purchase-of-tsm-meta-doomsday-analysis/) , or watch the [video] (https://www.youtube.com/watch?v=KXcm_Kr-vBo) . ---Related Episode: [WSB577: Valuation Masterclass w/ Aswath Damodaran] (https://www.theinvestorspodcast.com/episodes/valuation-masterclass-w-aswath-damodaran/) , or watch the [video] (https://www.youtube.com/watch?v=KaD0qFJhceo) . ---Related Episode: [RWH005: Meet the Master w/ Aswath Damodaran] (https://link.chtbl.com/RWH005) , or watch the [video] (https://www.theinvestorspodcast.com/richer-wiser-happier/meet-the-master-w-aswath-damodaran/) . ---Follow Aswath on [Twitter] (https://x.com/AswathDamodaran) . ---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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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 [ Apple Podcasts] (https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489) ! 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) 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

23 Aug 2024

1 HR 10 MINS

1:10:49

23 Aug 2024


#921

BTC196: Bitcoin-powered Banking at Fold w/ Will Reeves (Bitcoin Podcast)

In this episode, we explore Will Reeves' Bitcoin journey and how it led to the creation of Fold, a company that has evolved from offering Bitcoin rewards through gift card purchases to becoming a comprehensive financial services app. We also discuss Fold’s recent decision to go public, the company's long-term vision as a Bitcoin-powered bank, and the expansion of its services, including credit, lending, and insurance. Additionally, Will shares insights into Fold's treasury management, partnerships, and the global adoption of Bitcoin. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 07:55 - Will Reeves’ background and the defining moment that led him to Bitcoin. 09:35 - Key inflection points in Fold’s evolution from a Bitcoin rewards platform to a full-fledged financial services app. 14:45 - The "flywheel effect" of increasing Bitcoin reserves and its impact on Fold’s future growth.30:13 - The toughest challenges Fold faced during its transition. 16:57 - Insights into Fold’s decision to go public and expectations from the public markets.23:32 - Fold’s vision of becoming a Bitcoin-powered bank and how they plan to redefine banking. 19:59 - How Fold’s Bitcoin reserve factors into the company’s financial strategy. 24:37 - How user feedback drives Fold’s product development cycle. 25:48 - Fold’s plans for expanding into credit, lending, and insurance. 27:52 - Trends in how Fold users are utilizing their Bitcoin rewards. 31:31 - Fold’s global expansion plans and how the company fits into the international financial landscape. 43:21 - The impact of partnerships with Visa, BitGo, and Marqeta on Fold’s growth. BOOKS AND RESOURCES ---Try the [Fold App] (https://foldapp.com/) . ---Will Reeves' [X (Twitter) Account] (https://x.com/wlrvs) . 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 [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) --- [7-Eleven] (https://7eleven.com.au/) --- [Toyota] (https://buyatoyota.com/) --- [Connect Invest] (https://www.connectinvest.com/tip) --- [Bluehost] (https://bluehost.com/) --- [TastyTrade] (https://tastytrade.com/) --- [Miro] (https://miro.com/) --- [American Express] (https://americanexpress.com/businessgoldcard) --- [The Bitcoin Way] (https://www.thebitcoinway.com/tip) --- [ReMarkable] (https://remarkable.com/) --- [Fundrise] (https://fundrise.com/WSB) --- [Facet] (https://facet.com/wsb) --- [Onramp] (https://onrampbitcoin.com/) --- [SimpleMining] (https://simplemining.io/preston) --- [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) 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

21 Aug 2024

1 HR 02 MINS

1:02:40

21 Aug 2024