We Study Billionaires - The Investor’s Podcast Network

The Investor's Podcast Network

We interview and study famous financial billionaires, including Warren Buffett, Ray Dalio, and Howard Marks, and teach you what we learn and how you can apply their investment strategies in the stock market.

We Study Billionaires is the largest stock investing podcast show in the world with 100,000,000+ downloads and is hosted by Stig Brodersen, Trey Lockerbie, and Clay Finck.

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.

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BTC116: Bitcoin Ordinals and NFTs on Layer 1 of the Protocol w/ Pierre Rochard (Bitcoin Podcast)
Yesterday
BTC116: Bitcoin Ordinals and NFTs on Layer 1 of the Protocol w/ Pierre Rochard (Bitcoin Podcast)
Pierre Rochard comes back to the show to do a deep dive into ordinals and the impact of people being able to put NFTs onto the base layer of the Bitcoin protocol. Many people in the space are currently debating whether this is a good thing or a bad thing, and there's no one better than Pierre to provide a good objective look at what it means and whether it potentially presents an attack vector to the protocol in the long term.Pierre has an in-depth understanding of the code, how exchanges work, mining, and everything else in between.IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro01:30 - What are ordinals?11:37 - A background on the current mining company that nearly filled an entire block with a .jpg file.29:07 - The idea of a soft fork limiting an op-push in the input / output portion of each block.34:50 - A history on what updates occurred that allowed this to start happening on layer 1 Bitcoin.50:20 - Is this a coordinated DoS attack on the network? Could it be?50:20 - Are their concerns with illicit pictures being put onto the blockchain a potentially attack vector?51:29 - Couldn't node operators simply run a pruned node to defend against such an attack?55:05 - What does this look like in 3 to 5 years from now if nothing is done?56:32 - Thoughts on Charlie Munger's Wall Street Journal article bashing Bitcoin.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESPierre's Twitter account.Pierre's mining company Riot Platforms.Related Episode: Listen to BTC109: Bitcoin Taro, GBTC Discount, & More w/ Pierre & Morgen Rochard, or watch the video.Related Episode: Listen to BTC095: Bitcoin Time Stamping w/ Pierre Rochard, or watch the video.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet personalized, expert advice that helps you see things clearly with ATB.Take stock of your finances and investing strategy with Betterment.Talk to your clients about Desjardins Responsible Investment today and support what’s right for society and what’s good for business.Send, spend, and receive money around the world easily with Wise.Let an expert do your taxes from start to finish so you can relax with TurboTax.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Invest in high-quality, cash-flowing real estate without all of the hassle with Passive Investing.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
TIP521: Warren Buffett's Shareholder Letters
2d ago
TIP521: Warren Buffett's Shareholder Letters
On today’s episode, Clay reviews Warren Buffett’s shareholder letters and shares his takeaways, and distills some of the biggest lessons he learned. If you asked a lot of value investors, they would tell you that reading Buffett’s letters is equivalent to an MBA on value investing and business. Buffett has a lot to teach us as investors as he has grown the value of Berkshire shares by over 3,600,000% since he took control of the business in 1965.IN THIS EPISODE YOU’LL LEARN:00:00 - Intro07:44 - What Berkshire’s “Big Four” businesses are.13:16 - What Buffett looks for when investing in a business and what he looks for in a management team.14:19 - Why Buffett loves share repurchases and why they give me further vindication that a stock is cheap.18:28 - Why it pays to treat your colleagues and shareholders like partners.24:49 - Why industries with constant change should be avoided by investors.28:36 - How Buffett views cash and leverage in his capital allocation strategy.49:28 - What Buffett looks for when selecting him and Charlie’s successors.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESThe Essays of Warren Buffett by Lawrence Cunningham.Listen to Clay’s review of The Education of a Value Investor by Guy Spier, or watch the video.Tune into the recent We Study Billionaires’ episode covering The Dhandho Investor by Mohnish Pabrai, or watch the video.Learn more about our free social events in Omaha here.Follow Clay on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet personalized, expert advice that helps you see things clearly with ATB.Take stock of your finances and investing strategy with Betterment.Talk to your clients about Desjardins Responsible Investment today and support what’s right for society and what’s good for business.Send, spend, and receive money around the world easily with Wise.Let an expert do your taxes from start to finish so you can relax with TurboTax.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Invest in high-quality, cash-flowing real estate without all of the hassle with Passive Investing.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
RWH021: Investing Amid Uncertainty w/ Joel Greenblatt, Bill Miller, Howard Marks, & François Rochon
4d ago
RWH021: Investing Amid Uncertainty w/ Joel Greenblatt, Bill Miller, Howard Marks, & François Rochon
William Green showcases some of the most valuable insights from four investing superstars who have recently appeared on the Richer, Wiser, Happier podcast: Joel Greenblatt, Bill Miller, Howard Marks, & François Rochon. Here, these famed investors share practical lessons on how to deal with uncertainty & handle the emotional challenges of investing in turbulent times. William adds his own observations, drawing on his conversations with these great investors & with legends like Sir John Templeton, Peter Lynch, & Charlie Munger.IN THIS EPISODE YOU’LL LEARN:00:00 - Intro03:34 - How a disastrous investment taught Joel Greenblatt that anything can happen.10:34 - What Fidelity legend Peter Lynch learned from a shocking setback early in his career. 12:06 - How to protect ourselves from uncertainty, bad luck, & our own analytical mistakes.12:49 - Why Howard Marks warns that you shouldn’t push the limits if you want to avoid ruin.14:48 - How Joel Greenblatt deals with mistakes by learning from them, then moving forward.28:08 - How Joel handles the “kick in the stomach” when an investment goes wrong.35:02 - How to succeed by taking advantage of the wild emotional mood swings of the crowd.38:30 - Why stock pickers must learn to value businesses, buy at a discount, & then wait.40:17 - How Bill Miller handles the discomfort of brutal losses during the most turbulent times.43:00 - What Bill advises regular investors to do so they can endure the pain of market mayhem. 44:33 - Why Howard Marks says we need to be honest about our tolerance for risk & loss.46:06 - How the best investors diversify or concentrate in ways that suit their temperament. 50:07 - Why Howard believes that “emotion is the greatest enemy of superior investing.”52:35 - How Sir John Templeton thrived by hunting for bargains in the most-hated markets.1:00:41 - Why Howard Marks thinks he was wrong to be a “knee-jerk skeptic” about Bitcoin.1:03:30 - How to safeguard against our own biases, hubris, & overconfidence.1:08:58 - Why François Rochon is convinced that it’s rational to be optimistic about the future.1:10:51 - What history shows about mankind’s extraordinary ability to find solutions to its problems.1:21:31 - Why Warren Buffett says that bad news is an investor’s best friend.1:23:23 - Why Buffett regards babies being born in America today as “the luckiest crop in history.”Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESListen to William's interview with Ray Dalio, The Changing World Order - TIP410, or watch the video.Listen to William’s interview with Joel Greenblatt, How to Win the Investing Game - RWH003, or watch the video.Listen to William’s interview with Bill Miller, Investing Legend Bill Miller on Amazon, Bitcoin, & Buffett - RWH007, or watch the video.Listen to William’s interview with Howard Marks, Investing Wisely In An Uncertain World - RWH002, or watch the video.Listen to William’s interview with François Rochon, The Best of the Best - RWH016, or watch the video.Berkshire Hathaway’s 2015 annual report, featuring Buffett’s optimistic view of the future.William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book.Follow William Green on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet personalized, expert advice that helps you see things clearly with ATB.Help companies protect customer privacy in the face of endlessly growing data breaches by investing in Atakama today.Talk to your clients about Desjardins Responsible Investment today and support what’s right for society and what’s good for business.Take stock of your finances and investing strategy with Betterment.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Let an expert do your taxes from start to finish so you can relax with TurboTax.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
TIP520: Investing Through Post-bubble Markets w/ Jamie Catherwood
6d ago
TIP520: Investing Through Post-bubble Markets w/ Jamie Catherwood
Trey brings back financial historian, Jamie Catherwood. Jamie is a Client Portfolio Specialist at O'Shaughnessy Asset Management and the author of the popular blog, Investor Amnesia.Trey and Jamie discuss the historical viewpoint on a post-bubble world, the impact of 1800s markets on our current market outlook, and more.IN THIS EPISODE YOU’LL LEARN:00:00 - Intro01:45 - How markets from the 1800’s can inform how we view our market today.13:27 - How the frauds of today like FTX draw similarities to frauds of the past.31:00 - How the crypto market resembles the early days of the stock market.40:32 - Why market regulations developed in the US.54:10 - Where the term “bankruptcy” comes from.55: 30 - Other fascinating facts and stories from the past.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESInvestor Amnesia Website.Sunday Reads Blog.Osam Paper on The Great Inflation.Related Episode: Listen to Jamie Catherwood, The History of Bubbles, Mania & Fraud–TIP427 or watch the video.Trey Lockerbie's Twitter.Jamie Catherwood's Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet personalized, expert advice that helps you see things clearly with ATB.Help companies protect customer privacy in the face of endlessly growing data breaches by investing in Atakama today.Talk to your clients about Desjardins Responsible Investment today and support what’s right for society and what’s good for business.Take stock of your finances and investing strategy with Betterment.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Let an expert do your taxes from start to finish so you can relax with TurboTax.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
BTC115: Bitcoin and The Creator Economy w/ Justin Rezvani (Bitcoin Podcast)
Feb 1 2023
BTC115: Bitcoin and The Creator Economy w/ Justin Rezvani (Bitcoin Podcast)
Preston Pysh is joined by Bitcoin Lightning expert Justin Rezvani. Justin is a Forbes 30 under 30 and has some fascinating stories as a tech entrepreneur.Justin discusses how he sees the creator economy evolving with immediate settlement happening on the Lightning Network, and how people are going to be compensated for holding their own data and content instead of the big platform owners.IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro01:15 - Justin's background as an entrepreneur.01:20 - Justin's advice for young entrepreneurs.06:46 - How Justin found Bitcoin.06:46 - Justin's new application, Zion, and how it fits into decentralized social media.09:52 - How Justin became familiar with the Lightning Network.11:50 - Justin's opinions about the Creator Economy at large.26:28 - Decentralized Web Nodes and Web 5.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESJustin's Twitter Account.Justin's Social Application: Zion.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet personalized, expert advice that helps you see things clearly with ATB.Help companies protect customer privacy in the face of endlessly growing data breaches by investing in Atakama today.Talk to your clients about Desjardins Responsible Investment today and support what’s right for society and what’s good for business.Take stock of your finances and investing strategy with Betterment.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Let an expert do your taxes from start to finish so you can relax with TurboTax.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
TIP519: The Education of a Value Investor by Guy Spier
Jan 29 2023
TIP519: The Education of a Value Investor by Guy Spier
Clay reviews Guy Spier’s book, The Education of a Value Investor. Guy Spier is a renowned hedge fund manager who has beaten the S&P 500 by almost 250 percentage points since launching the Aquamarine Fund in 1997. He has also been a guest on We Study Billionaires several times, including episode #14 released all the way back in 2014.IN THIS EPISODE YOU’LL LEARN:00:00 - Intro02:27 - Guy’s story and background, and the critical mistakes he learned from the journey.06:39 - How studying Tony Robbins and Warren Buffett changed his life.19:48 - How writing handwritten letters helped Guy forge and develop extremely valuable and fulfilling relationships.23:20 - What led Guy to purchase a charity lunch with Warren Buffett.43:54 - What he learned from experiencing the great financial crisis as a fund manager.51:45 - Why Guy values fulfillment and a life well-lived over money.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESTune into the recent We Study Billionaires episode covering The Dhandho Investor by Mohnish Pabrai or watch the video.Learn how to value a company by tuning into our review of The Little Book of Valuation by Aswath Damodaran or watch the video.Related Episode: Listen to Guy Spier, The Education of a Value Investor–TIP014 or watch the video.Related Episode: Listen to Investing and Life Masterclass w/ Guy Spier–TIP414 or watch the video.Related Episode: Listen to How to Build Enduring Wealth w/ Guy Spier–RWH009 or watch the video.Guy Spier’s book: The Education of a Value Investor.William Green’s book: Richer, Wiser, Happier.Follow Clay on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia’s first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Get personalized, expert advice that helps you see things clearly with ATB.Let an expert do your taxes from start to finish so you can relax with TurboTax.Talk to your clients about Desjardins Responsible Investment today and support what’s right for society and what’s good for business.Take stock of your finances and investing strategy with Betterment.Guess less and sell more with the Number 1 email marketing and automation brand, Intuit Mailchimp.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.If you’re aware you need to improve your bitcoin security but have been putting it off, Unchained Capital‘s Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.Get insider access to the people and ideas at the edge of innovation with the chart-topping podcast from venture capital firm Andreessen Horowitz, The a16z Podcast.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
TIP518: The "Buy" List for 2023 w/ Eddy Elfenbein
Jan 27 2023
TIP518: The "Buy" List for 2023 w/ Eddy Elfenbein
Trey chats with Eddy Elfenbein, a portfolio manager and editor of the blog Crossing Wall Street. They discussed his Buy List for 2022 and reviewed his list for 2023. Eddy's 'Buy List' has beaten the S&P 500 by 102% over the last 17 years.IN THIS EPISODE YOU’LL LEARN:00:00 - Intro02:08 - How the 2022 list performed during one of the worst stock market years on record.06:12 - Which five stocks Eddy swapped out for 2023 and why.20:58 - Which stock performance surprised Eddy the most.39:07 - An overview of the 2023 list and which stocks the TIP finance tool considers to be the most undervalued.47:39 - Eddy’s thoughts on the markets. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESThe Buy List for 2023.Crossing Wall Street Blog.Eddy Elfenbein's Twitter.ETF (Ticker: CWS) information.Trey Lockerbie's Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia’s first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Get personalized, expert advice that helps you see things clearly with ATB.Let an expert do your taxes from start to finish so you can relax with TurboTax.Talk to your clients about Desjardins Responsible Investment today and support what’s right for society and what’s good for business.Take stock of your finances and investing strategy with Betterment.Guess less and sell more with the Number 1 email marketing and automation brand, Intuit Mailchimp.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.If you’re aware you need to improve your bitcoin security but have been putting it off, Unchained Capital‘s Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.Get insider access to the people and ideas at the edge of innovation with the chart-topping podcast from venture capital firm Andreessen Horowitz, The a16z Podcast.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
BTC114: Bitcoin is Banking and Electrifying the Developing World w/ Lyn Alden and Alyse Killeen (Bitcoin Podcast)
Jan 25 2023
BTC114: Bitcoin is Banking and Electrifying the Developing World w/ Lyn Alden and Alyse Killeen (Bitcoin Podcast)
Lyn Alden and Alyse Killeen talk about all the emerging businesses and ideas currently happening in the Bitcoin Lightning Network and where they see the space moving in the coming 12 to 24 months.IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro01:12 - What are most important things that Lyn and Alyse are tracking going into 2023?03:59 - What is the current state of the Bitcoin Lightning Network?15:36 - How do they see stable coins versus CBDCs progressing in the coming year?15:36 - Thoughts on Taro and whether it's a distraction to Bitcoin.38:52 - Lyn's thoughts on inflation in places like Egypt and Argentina.43:55 - Lyn's thoughts on the dollar and Global M2.01:05:51 - What's one of the most exciting things happening in the VC space?01:05:51 - How do Lyn and Alyse think about intrinsic value in the VC space?01:19:30 - Lyn's thoughts on the changes to how CPI is calculated.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESLyn's Macro Research Site.Lyn's Twitter.Alyse's Twitter.Alyse's Fund Stillmark Capital.Lyn's Fund Ego Death Capital.Related Episode: Listen to TIP491: Macro and the Energy Market w/ Lyn Alden, or watch the video.Related Episode: Listen to BTC042: Supply Chain Impacts & Bitcoin Discussion w/ Lyn Alden, or watch the video.Related Episode: Listen to BTC031: Investment in Bitcoin Tech w/ Alyse Killeen, or watch the video.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia’s first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Get personalized, expert advice that helps you see things clearly with ATB.Let an expert do your taxes from start to finish so you can relax with TurboTax.Talk to your clients about Desjardins Responsible Investment today and support what’s right for society and what’s good for business.Take stock of your finances and investing strategy with Betterment.Guess less and sell more with the Number 1 email marketing and automation brand, Intuit Mailchimp.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.If you’re aware you need to improve your bitcoin security but have been putting it off, Unchained Capital's Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.Get insider access to the people and ideas at the edge of innovation with the chart-topping podcast from venture capital firm Andreessen Horowitz, The a16z Podcast.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
TIP517: Mohnish Pabrai's Dhandho Investment Framework
Jan 22 2023
TIP517: Mohnish Pabrai's Dhandho Investment Framework
On today’s episode, Clay reviews Mohnish Pabrai’s book, The Dhandho Investor. Mohnish is one of our very favorite investors to study here at TIP as we’ve interviewed him for the podcast multiple times in the past. Since its inception in 2000, Mohnish’s flagship fund has achieved a return of 781% to his investors net of fees versus 378% for the S&P 500. IN THIS EPISODE YOU’LL LEARN:00:00 - Intro05:19 -The story of the Patels, who went from owning nothing in the US, to owning over 50% of the motel industry.11:33 - The 9 Dhandho investment principles.14:24 - How Dhandho investors are able to earn outsized returns with minimal risk.25:09 - How to identify bargains in the market.32:17 - The relationship between investing and gambling.39:17 - Clay’s analysis on Mohnish’s largest US equity holding today.49:46 - Mohnish’s investing checklist he uses prior to purchasing a company.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESTune into the recent We Study Billionaires' episode covering The Little Book of Valuation by Aswath Damodaran or watch the video.Listen to the episode on Warren Buffett's Money Mind or watch the video.Related Episode: Listen to Investing in Stocks w/ Mohnish Pabrai - TIP442, or watch the video.Related Episode: Listen to Berkshire's Purchase of TSM & Meta "Doomsday" Analysis - TIP508, or watch the video.Mohnish Pabrai’s book: The Dhandho Investor.Follow Clay on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia’s first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Get personalized, expert advice that helps you see things clearly with ATB.Help companies protect customer privacy in the face of endlessly growing data breaches by investing in Atakama today.Talk to your clients about Desjardins Responsible Investment today and support what’s right for society and what’s good for business.Take stock of your finances and investing strategy with Betterment.Guess less and sell more with the Number 1 email marketing and automation brand, Intuit Mailchimp.Let an expert do your taxes from start to finish so you can relax with TurboTax.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
TIP516: Navigating A Real Estate Market On The Brink w/ Patrick Carroll
Jan 20 2023
TIP516: Navigating A Real Estate Market On The Brink w/ Patrick Carroll
Trey invites Patrick Carroll, the founder and CEO of Carroll, which is a multi-billion dollar real estate investment firm. Patrick is a self-made entrepreneur with boundless ambition and has built his empire from scratch. Together they discuss today’s real estate markets and so much more!Patrick has risen from the school of hard knocks to become the success he is today. IN THIS EPISODE YOU’LL LEARN:00:00 - Intro01:47 - Today’s real estate markets and how they eerily resemble 2008.14:50 - How real estate investors and more importantly, lenders, are navigating the current landscape.22:34 - Why multi-family is looked at as the least risky real estate asset. 36:39 - Why a large majority of Gen Z’ers are living with their parents and how the $68 trillion dollar wealth transfer from baby boomers will affect the real estate market. 44:10 - What indicators Patrick relies on. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESCarroll Website.Carroll's Twitter.Patrick Carroll's Linkedin.Trey Lockerbie's Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia’s first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Get personalized, expert advice that helps you see things clearly with ATB.Help companies protect customer privacy in the face of endlessly growing data breaches by investing in Atakama today.Talk to your clients about Desjardins Responsible Investment today and support what’s right for society and what’s good for business.Take stock of your finances and investing strategy with Betterment.Guess less and sell more with the Number 1 email marketing and automation brand, Intuit Mailchimp.Let an expert do your taxes from start to finish so you can relax with TurboTax.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
BTC113: Bitcoin Lightning Tackling Spam w/ Vida Founder Lyle Pratt (Bitcoin Podcast)
Jan 18 2023
BTC113: Bitcoin Lightning Tackling Spam w/ Vida Founder Lyle Pratt (Bitcoin Podcast)
Preston Pysh interviews Lyle Pratt, an entrepreneur of multiple successful businesses, and a telecommunications and spam expert. They talk about the intersection of the Bitcoin Lightning Network and how it offers a solution to the worsening spam and bots that litter our social media and phone calls.IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro01:18 - Lyle's background as an entrepreneur founding Better Voice.06:22 - The history of VOIP and how it relates to Bitcoin today.06:22 - The 402 payment required in the SIP protocol.10:24 - Lyle's story about finding Bitcoin at the intersection of telecommunications.12:09 - What was the top thing he took away from successfully building and selling his first company?14:15 - Lyle's newest company, Vida.14:22 - Lyle discusses the basics of spam and why it's so prevalent.24:53 - Spam can become worse with more decentralization.35:42 - What does the Lightning Network bring to this problem?54:54 - What Jiu-Jitsu and Bitcoin have in common.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESLyle Pratt's Twitter Account.Lyle Pratt's Nostr Account.Lyle's Company, Vida.Related Episode: Listen to BTC111: Nostr - Decentralized Social Media & Bitcoin w/ William Casarin, or watch the video.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia’s first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Get personalized, expert advice that helps you see things clearly with ATB.Help companies protect customer privacy in the face of endlessly growing data breaches by investing in Atakama today.Talk to your clients about Desjardins Responsible Investment today and support what’s right for society and what’s good for business.Take stock of your finances and investing strategy with Betterment.Guess less and sell more with the Number 1 email marketing and automation brand, Intuit Mailchimp.Let an expert do your taxes from start to finish so you can relax with TurboTax.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
TIP515: The Little Book of Valuation by Aswath Damodaran
Jan 15 2023
TIP515: The Little Book of Valuation by Aswath Damodaran
IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro05:11 - Aswath’s two primary methods for valuing a company.05:40 - The general truths about valuations that investors should understand.12:38 - The four most basic inputs to valuing a company.19:37 - How to go about setting an appropriate growth rate in our valuations.34:11 - Additional considerations in performing valuations such as a company’s intangible assets.47:09 - Clay’s intrinsic value assessment of Williams-Sonoma (Ticker WSM).Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESTune in to We Study Billionaires' recent episode about Warren Buffet's Money Mind, or watch the video.Listen to Clay Finck's deep dive on Peter Lynch and his book, One Up on Wall Street, or watch the video.Aswath Damodaran’s books: The Little Book of Valuation, The Dark Side of Valuation, & Applied Corporate FinanceFollow Clay on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia’s first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Get personalized, expert advice that helps you see things clearly with ATB.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Guess less and sell more with the Number 1 email marketing and automation brand, Intuit Mailchimp.Help companies protect customer privacy in the face of endlessly growing data breaches by investing in Atakama today.Send, spend, and receive money around the world easily with Wise.Thanks to rising interest rates artificially driving down the prices of even the best assets, Fundrise expects 2023 to be one of the most opportune real estate investing environments of the last decade. Take advantage of this unique investing environment.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
TIP514: Permanent Supply Chain Disruptions That Will Sink the Economy w/ Jim Rickards
Jan 13 2023
TIP514: Permanent Supply Chain Disruptions That Will Sink the Economy w/ Jim Rickards
IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro01:31 - How Inflation has been winning the tug of war with Deflation, but not for long.23:58 - The importance of the velocity of money.29:12 - How supply chains have evolved and who we’ve ended up where we are. 55:18 - How China’s power has peaked.57:26 - The need for sound money.And much, much more!Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESJim Rickards' new book: Sold Out: How Broken Supply Chains, Surging Inflation, Political Instability Will Sink the Global Economy.Related Episode: Listen to TIP233: Jim Rickards on Central Banks, QT, QE, & the FFR, or watch the video.Connect with Jim Rickards on Twitter.Connect with Trey Lockerbie on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia’s first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Get personalized, expert advice that helps you see things clearly with ATB.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Guess less and sell more with the Number 1 email marketing and automation brand, Intuit Mailchimp.Help companies protect customer privacy in the face of endlessly growing data breaches by investing in Atakama today.Send, spend, and receive money around the world easily with Wise.Thanks to rising interest rates artificially driving down the prices of even the best assets, Fundrise expects 2023 to be one of the most opportune real estate investing environments of the last decade. Take advantage of this unique investing environment.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
BTC112:  Bitcoin Macro Mastermind 1st Q 2023 w/ Joe Carlasare, Steven McClurg, & Jeff Ross (Bitcoin Podcast)
Jan 11 2023
BTC112: Bitcoin Macro Mastermind 1st Q 2023 w/ Joe Carlasare, Steven McClurg, & Jeff Ross (Bitcoin Podcast)
IN THIS EPISODE, YOU’LL LEARN:00:00 - intro 01:37 - What's the mastermind's thoughts on FTX and SBF?10:22 - What's happening with Gemini, DCG, Genesis, & GBTC?14:37 - What's the group's thoughts on Binance?15:04 - Why is a risk assessment of counterparts risk so important?15:04 - Thoughts on liquidity and how to use it to understand volatility limits.22:30 - An overview of Fixed Income Markets and High Yield Debt.41:39 - Thoughts on inflation and what it might trend towards in 2023.58:16 - The 30-year versus the 3-month and what that means for FED policy moving forward.01:15:46 - Is China demand coming back online?01:25:33 - What potentially causes a final capitulation for this cycle (will there even be one)?01:31:05 - What to expect from the price of Bitcoin in 2023.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESJoe Carlasare's Twitter.Steven McClurg's Twitter.Jeff Ross's Twitter.Joe's legal practice.Steven's Valkyrie Investments.Jeff's Investment Management Fund: Vailshire Capital.Related Episode: Listen to Bitcoin Mastermind Discussion w/ Joe Carlasare, Jay Gould, & Jeff Ross - BTC078 or watch the video.Related Episode: Listen to Bitcoin Round Table w/ Joe Carlasare, Jeff Ross, and Jay Gould - BTC070 or watch the video.Related Episode: Listen to FED Policy, Bitcoin ETFs, & Euro Dollar Impacts w/ Steven McClurg – BTC088 or watch the video.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia’s first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Get personalized, expert advice that helps you see things clearly with ATB.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Guess less and sell more with the Number 1 email marketing and automation brand, Intuit Mailchimp.Help companies protect customer privacy in the face of endlessly growing data breaches by investing in Atakama today.Send, spend, and receive money around the world easily with Wise.Thanks to rising interest rates artificially driving down the prices of even the best assets, Fundrise expects 2023 to be one of the most opportune real estate investing environments of the last decade. Take advantage of this unique investing environment.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
TIP513: Warren Buffett's Money Mind
Jan 10 2023
TIP513: Warren Buffett's Money Mind
IN THIS EPISODE YOU’LL LEARN:00:00 - Intro02:54 - What it means to have a “Money Mind”.10:08 - How Warren's father’s Libertarian viewpoints rubbed off on Warren’s business mind.24:29 - How Buffett continued to evolve as an investor as the investment landscape changed.29:24 - Tom Gayner’s description of the three stages of value investing that has played out over time.36:15 - How Bill Miller helped value investors realize that value is sometimes found in the most unexpected places.45:04 - How Buffett’s mindset differs from that of academics.45:23 - Why Buffett views stock market volatility as an opportunity rather than the risk in a company.50:21 - Why investors focused on the process rather than the outcome are better positioned to succeed in the long run.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESTune in to the recent We Study Billionaires' episode covering Peter Lynch.Learn about Buffett's Purchase of TSM & Meta "Doomsday" Analysis.Robert Hagstrom’s books: Inside the Ultimate Money Mind, The Warren Buffett Way, & The Warren Buffett Portfolio.Follow Clay on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia’s first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Get personalized, expert advice that helps you see things clearly with ATB.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Guess less and sell more with the Number 1 email marketing and automation brand, Intuit Mailchimp.Help companies protect customer privacy in the face of endlessly growing data breaches by investing in Atakama today.Send, spend, and receive money around the world easily with Wise.Thanks to rising interest rates artificially driving down the prices of even the best assets, Fundrise expects 2023 to be one of the most opportune real estate investing environments of the last decade. Take advantage of this unique investing environment.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
RWH020:  The Disciplined Growth Investor w/ Fred Martin
Jan 8 2023
RWH020: The Disciplined Growth Investor w/ Fred Martin
IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro10:14 - What Fred Martin discovered about mitigating risk as a Navy officer in the Vietnam War.14:22 - How he handles the pain & discomfort of difficult periods in the stock market.31:52 - Why he thinks Tesla’s stock is overvalued & what he thinks it’s really worth.35:20 - Why it’s critical for investors to be skeptics who never let down their guard.43:56 - What insights he drew from studying Benjamin Graham & writing a book about him.51:44 - How Fred applies a consistent three-step process to every business he analyzes.54:34 - How to win as an investor by waiting for intrinsic value & the stock price to “true up.”01:02:25 - Why he regards a legendary free soloist climber as the world’s greatest risk manager.01:11:43 - How flying planes has helped Fred to refine his understanding of the margin of safety.01:16:02 - Why he’s given three younger colleagues the authority to veto his stock picks.01:24:26 - Why he “seals the exits” before buying a stock, assuming that he’ll own it forever.01:34:29 - Why fund managers should sacrifice their own interests for the sake of their clients. 01:37:56 - What advice he’d give to people who are looking to hire an investment adviser.01:42:09 - Why he believes that relationships & purpose are the two most important things in life.01:45:48 - What he’s done to build good health, so that he’s still going strong at age 76.01:47:24 - How his religious faith has made him a better investor & a better steward of assets.01:50:10 - What he’s learned about how to endure sorrow & tragedy.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESFred Martin’s investment firm, Disciplined Growth Investors.Fred Martin’s mutual fund, the Disciplined Growth Investors Fund. Benjamin Graham and the Power of Growth Stocks, co-authored by Fred MartinThe Psychology of Money: An Investment Manager’s Guide to Beating the Market by Jim WareFree Solo, an Oscar-winning documentary about legendary climber Alex Honnold.William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book.William Green’s Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia’s first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Get personalized, expert advice that helps you see things clearly with ATB.Help companies protect customer privacy in the face of endlessly growing data breaches by investing in Atakama today.Guess less and sell more with the Number 1 email marketing and automation brand, Intuit Mailchimp.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.If you’re aware you need to improve your bitcoin security but have been putting it off, Unchained Capital's Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.If you’re a sales professional, get every real time advantage you can get with Sales Navigator. Enjoy 60 days of free trial today.Find people with the right experience and invite them to apply to your job. Try ZipRecruiter for FREE today.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
TIP512: Top Takeaways from 2022 w/ Trey Lockerbie
Jan 6 2023
TIP512: Top Takeaways from 2022 w/ Trey Lockerbie
IN THIS EPISODE, YOU'LL LEARN:03:54 - How today’s inflation compares to 1970 with Jeremy Grantham.07:52 - Why Michael Mauboussin says you have to earn the right to use a valuation multiple.13:17 - How energy impacts inflation with Josh Young.31:55 - Why investors should consider microcaps with Ian Cassell.38:40 - The vindication of the dollar milkshake theory with Brent Johnson.47:15 - Market indicators from Dan Rasmussen, Joe Brown, and a lot more.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESTrey Lockerbie's Twitter.Related Episode: The Top of the Cycle w/ Jeremy Grantham– TIP371.Related Episode: The Dollar Milkshake Theory Update w/ Brent Johnson - TIP397.Related Episode: Expectations Investing w/ Michael Mauboussin – TIP421.Related Episode: What Is Happening With Oil? w/ Josh Young - TIP429.Related Episode: Indicators for Crisis Investing w/ Dan Rasmussen - TIP455.Related Episode: Why Microcaps Have the Best YTD Performance w/ Ian Cassel - TIP480.Related Episode: Market Indicators, Cbdc’s and Real Estate w/ Joe Brown - TIP507.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia’s first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Get personalized, expert advice that helps you see things clearly with ATB.Help companies protect customer privacy in the face of endlessly growing data breaches by investing in Atakama today.Guess less and sell more with the Number 1 email marketing and automation brand, Intuit Mailchimp.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.If you’re aware you need to improve your bitcoin security but have been putting it off, Unchained Capital's Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.If you’re a sales professional, get every real time advantage you can get with Sales Navigator. Enjoy 60 days of free trial today.Find people with the right experience and invite them to apply to your job. Try ZipRecruiter for FREE today.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
BTC111: Nostr - Decentralized Social Media and Bitcoin w/ William Casarin (Bitcoin Podcast)
Jan 4 2023
BTC111: Nostr - Decentralized Social Media and Bitcoin w/ William Casarin (Bitcoin Podcast)
IN THIS EPISODE, YOU’LL LEARN:01:54 - So what is Nostr?03:50 - It seems like the protocol is optimized around simplicity, is that it?06:30 - What does this look like 5 years from now?10:38 - What other application might pop out of this?16:19 - What are all these clients interfacing with the protocol?26:11 - What concerns do you have about open speech on sexual, racial, or explicit things?28:06 - How do you remove centralized servers with something like this?33:45 - Can traditional social media companies benefit from using Nostr?38:24 - What would someone's incentive be to run their own relay?45:46 - How does this all tie into Bitcoin?Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESMore information about Nostr.William Casarin's Nostr Account Pub Key: npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s.William's Damus App webpage.William's Twitter.Astral.Ninja (for creating a Nostr Account).Verifying your Nostr Account: NostrVerified.com.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia’s first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Get personalized, expert advice that helps you see things clearly with ATB.Help companies protect customer privacy in the face of endlessly growing data breaches by investing in Atakama today.Guess less and sell more with the Number 1 email marketing and automation brand, Intuit Mailchimp.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.If you’re aware you need to improve your bitcoin security but have been putting it off, Unchained Capital's Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.If you’re a sales professional, get every real time advantage you can get with Sales Navigator. Enjoy 60 days of free trial today.Find people with the right experience and invite them to apply to your job. Try ZipRecruiter for FREE today.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
TIP511: How to Pick Stocks like Peter Lynch
Jan 3 2023
TIP511: How to Pick Stocks like Peter Lynch
IN THIS EPISODE, YOU'LL LEARN:05:27 - How everyday people can actually have an advantage investing in stocks over those on Wall Street.13:15 - Lynch’s stock investing philosophies and methods.26:41 - How he categorizes the stocks he invests in, in order to manage expectations.34:58 - What to look for when searching for a great company to invest in.37:48 - Why you should avoid companies that fall prey to what he calls diworsification.53:21 - The most common mistakes new investors make.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESTune into the recent We Study Billionaires' episode covering Buffett's Purchase of TSM & Meta "Doomsday" Analysis.Learn about the How Jeff Bezos Built Amazon.Peter Lynch’s books: One Up on Wall Street, Beating the Street, & Learn to Earn.Related Episode: Stig and Preston discuss One Up On Wall Street By Peter Lynch.Follow Clay on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia’s first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Get personalized, expert advice that helps you see things clearly with ATB.Help companies protect customer privacy in the face of endlessly growing data breaches by investing in Atakama today.Guess less and sell more with the Number 1 email marketing and automation brand, Intuit Mailchimp.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.If you’re aware you need to improve your bitcoin security but have been putting it off, Unchained Capital's Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.If you’re a sales professional, get every real-time advantage you can get with Sales Navigator. Enjoy 60 days of free trial today.Find people with the right experience and invite them to apply to your job. Try ZipRecruiter for FREE today.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.