We Study Billionaires - The Investors Podcast

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 RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Tune 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 E

IN THIS EPISODE, YOU'LL LEARN: 01:19 - How to live a life with integrity. 01:38 - How to live a life with honesty. 18:06 - How to live a life that is true to your personality. 23:39 - What it means to be “poor rich.” 38:20 - Why what we envy from rich people is independence. 01:03:38 - How to live a life of subtraction and not of complexity. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. William Green’s book, Richer, Wiser, Happier – read reviews of this book. Our conversation with William Green about Richer, Wiser, Happier. Our conversation with William Green about The Great Minds of Investing.  Check out William Green’s show, Richer, Wiser, Happier. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) h

IN THIS EPISODE, YOU’LL LEARN: 01:45 - Oakmark’s framework for navigating the current market. 12:09 - Bill’s updated thoughts on Meta and Bank of America. 22:18 - How the Warner Discovery merger has caused a lot of confusion in the market that may now have resulted in a severely undervalued stock. 36:07 - How Lithia motors are quietly capitalizing on the used car market and its newer DTC platform. 39:10 - How Lithia compares to competitors such as Carvana who’s stock has nearly crashed completely. And much, much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Oakmark Website. Oakmark Commentary. 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 manag

IN THIS EPISODE, YOU’LL LEARN: 01:53 - What is Nostr and why is it so important to Bitcoin and free speech? 05:31 - Japan adjusting their YCC peg to a higher yield and what that means. 26:27 - What impact does Japan's move have on other economies? 28:47 - How does James see 2023 playing out? 29:38 - Will the potential disinflation in the US help lower prices in Europe? 32:42 - What's causing the inflation in the EU and is it solvable? 34:56 - Paper Bitcoin and the impacts moving forward after the FTX situation. 39:56 - China and it's COVID policy as it relates to global demand and inflation. 45:38 - Is the US getting ready to go through disinflation? 54:48 - What are some things happening in the Bitcoin space that excites James the most? Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members

IN THIS EPISODE, YOU’LL LEARN: 03:36 - TSM’s business model and competitive advantages. 07:13 - All about the critical role semiconductors play in our overall economy. 17:15 - Potential risks of investing in TSM. 18:11 - The geopolitical tensions that are brewing with the US restricting China’s access to the global semiconductor market. 31:00 - What drives the stock’s return in the long run. 31:42 - The highlights from the Graham and Dodd Annual Breakfast. 37:01 - Why Intel and Meta’s stock might be undervalued. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Tune into the recent We Study Billionaire’s episode covering How Jeff Bezos Built Amazon. Learn about the Story of Airbnb. Jordan Schneider’s Article: Choking Off China’s AI Access. ValueStockGeek’s writeup on Intel. Aswath Dam

IN THIS EPISODE, YOU’LL LEARN: 04:04 - How John Spears became obsessed with investing when he was 12 years old. 11:34 - How skipping school to meet an investing legend set him on a path to success. 16:07 - How a catastrophic early investment humbled John & taught him to be more prudent. 24:12 - Why he focuses intensely on tracking insider buying of cheap stocks by top executives. 27:28 - What he learned by studying Ben Graham & teaching himself to buy cheap stocks. 32:42 - How Warren Buffett bought his stake in Berkshire Hathaway through Tweedy, Browne. 41:54 - What it was like sharing an office with another fabled investor, Walter Schloss. 50:12 - Why John owns high-quality compounders like Heineken & Nestle, which aren’t cheap. 52:01 - What empirical research has taught him about the strategies that work best over time. 1:01:29 - Why we should focus on achieving “satisfactory” returns, not shooting the lights out. 1:08:40 - Why it’s wise to avoid a lot of debt, live within your means, & keep ampl

IN THIS EPISODE, YOU’LL LEARN: 05:56 - Indicators that Joe watches to forecast market moves. 13:19 - Why the Fed pivot might take much longer than many current estimates. 14:56 - How the Fed could use $2T in reverse repos to provide liquidity before needing to lower interest rates. 27:49 - CBDCs and how they compare to bitcoin, Ethereum and others. 55:39 - The real estate market in the US. 60:40 - Household financial health.  And much, much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Heresy Financial Youtube. Financial Heresy Podcast. The Forgotten Depression by Jim Grant. 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 portfol

IN THIS EPISODE, YOU’LL LEARN: 01:36 - What are some of the most important things happening in the Bitcoin space right now? 08:18 - Thoughts on paper Bitcoin and the impacts moving forward. 14:40 - Thoughts on GBTC discount to NAV. 29:19 - Pierre's thoughts on the Taro protocol from Lightning Labs. 31:02 - Why are so many people using other network for stable coins right now? 40:23 - Why moving stable coins onto the Bitcoin Lightning Network might not be the best use of time. 41:05 - Is ETH a regulatory capture at this point? 53:56 - Tax Loss Harvesting. 58:54 - FASB update to the treatment of Bitcoin on the balance sheet. 01:03:17 - Transaction fees in the future. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Morgen Rochard's Twitter. Morgen Rochard's new book - Bitcoin Personal

IN THIS EPISODE, YOU'LL LEARN: 00:02:34 - How Jeff Bezos came to discover the incredible opportunities on the Internet in the early 1990s. 00:09:58 - How the regret minimization framework led Bezos to starting Amazon. 00:17:08 - How Amazon lost hundreds of millions of dollars from poor investments during the tech bubble. 00:33:28 - Amazon’s five core values. 00:46:30 - Why many companies were reluctant, yet eventually forced to work with Amazon to remain competitive. 00:47:45 - How Costco’s business model inspired Bezos to release Amazon Prime and keep his commitment to low prices. 00:56:48 - How AWS was created and the importance of it in Amazon’s continued success. 01:02:33 - Clay’s biggest takeaways from studying Jeff Bezos. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Tune into

IN THIS EPISODE YOU’LL LEARN: 01:08 - Why the interest rate is putting a price on time. 14:50 - Why John Law is the most extraordinary person in the history of finance. 19:00 - The history of the first experiment of easy money by a central bank. 35:36 - Why “2% return” has caused the issues we currently see and have caused multiple other booms and busts throughout time. 39:42 - What the natural level of interest rates are. 43:46 - Why irresponsible monetary policy has an impact on creative destruction and, in turn, productivity and wage growth. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Edward Chancellor’s book, The Price of Time – Read reviews of this book. Check the authenticity of any quote on Quote Investigator. NEW TO THE SHOW? Check out our We Study Billionaires Starter P

IN THIS EPISODE, YOU’LL LEARN: 01:34 - How to apply probabilistic thinking when approaching investing. 14:26 - Will’s structure for the “perfect portfolio”. 32:29 - Why Uranium hasn’t performed as most hoped for in 2022. 40:11 - How the sustainable energy supply chain is struggling to achieve healthy margins. 54:58 - Assessing different types of risk including political risk. 1:00:04 - The stock pick that got Will accepted into the prestigious Value Investors Club (founded by Joel Greenblatt) and what stock he would pitch today. And much, much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Massif Capital Website. Will Thomson Twitter. Trey Lockerbie Twitter. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with t

IN THIS EPISODE, YOU’LL LEARN: 01:07 - What has been happening at Unchained Capital since the FTX blow-up? 07:13 - What are some of the most common concerns of Self-Custody? 12:47 - Why is Title and Possession such an important thing to cover with inheritance planning? 22:43 - The difference between non-probate assets versus probate assets. 28:38 - What are the risks of not properly performing inheritance planning? 30:15 - Checkbook IRA versus other methods. 39:59 - Legal and policy update after the FTX situation. 01:01:37 - Biggest mistakes people make in inheritance planning. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Unchained Capital. Information on the The McNulty Case. Jeff Vandrew's Twitter. Phil Geiger's Twitter. Related Episode: Bitcoin Retirement Planning & Self

IN THIS EPISODE, YOU’LL LEARN: 04:38 - How Airbnb originally started and its keys to becoming a $60 billion company. 07:13 - Why getting into Y-Combinator was the critical turning point for Airbnb to get off the ground. 11:40 - How their transition to selling specialty breakfast food helped keep them from going bankrupt. 21:13 - Growth hacks Nate Blecharczyk used to help grow the company in the early days. 29:12 - Airbnb’s biggest hurdles and challenges to becoming a big tech player. 30:39 - Advantages Airbnb has over hotels in the hospitality industry. 33:55 - How Chesky ensured Airbnb would become a stronger business through the pandemic despite losing 80% of their business practically overnight. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Tune into the recent We Study Billionaire

IN THIS EPISODE, YOU’LL LEARN: 06:06 - What Tsoknyi Rinpoche learned from his extraordinary father, Tulku Urgyen Rinpoche. 21:26 - Why it helps not to suppress, judge, or resist your emotions, but to be aware of them. 24:09 - How to “handshake” painful emotional patterns that Rinpoche calls “beautiful monsters.” 26:34 - What science shows about the power of acknowledging & accepting our feelings. 36:31 - What to do when these difficult emotions feel too intense & traumatic to handle. 45:03 - How to settle your mind & reduce stress with a simple belly-breathing technique. 48:41 - How to practice “calm abiding” by focusing with gentle awareness on your breath. 50:37 - How to ease up with the help of Rinpoche’s subversive mantra: “Who cares? So what?” 57:42 - How to meditate with open awareness, watching thoughts & emotions arise & pass. 1:04:36 - How our minds catastrophize & how to prevent this emotional tailspin. 1:06:41 - What science shows about how meditation improves our focus, calmness, & prod

IN THIS EPISODE, YOU’LL LEARN: 01:30 - An overview of investment banking and private equity. 04:45 - Why you should consider allocating some of your portfolio to private equity. 07:35 - How the democratization of private equity is changing. 10:09 - How Darin got involved with Linqto and why it’s an important resource for investors. 24:30 - The mechanics of investing in private equity. 37:48 - The current environment for private equity and how billionaires like Howard Marks are navigating it. And much, much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Linqto Website. How Money Works Youtube. Trey Lockerbie 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

IN THIS EPISODE, YOU’LL LEARN: 05:50 - So what is the intended mission of these organizations (IMF and World Bank)? 25:16 - What is Structural Adjustment and why is the impact misunderstood? 30:17 - The story of Shrimp in Bangladesh and how it helps listeners understand Structural Adjustment. 40:25 - How and why countries that take on IMF loans are more likely to take on even more debt in the future. 44:55 - How poor countries are in essence subsidizing the abundance of rich countries while destroying their ability to be self-sufficient. 55:30 - Why the IMF and World Bank never found a dictator that they didn't like. 01:22:27 - How countries that have taken the most loans are also the countries that have the highest concentration of Bitcoiners. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community mem

IN THIS EPISODE YOU’LL LEARN: 01:24 - What are the primary drivers of inflation in 2022. 08:34 - How different asset classes perform during inflationary time periods. 21:45 - Why gold and cash flowing real estate can give good inflation protection. 25:36 - Why TIPS can help investors hedge against inflation. 36:39 - Warren Buffett’s advice on hedging inflation. 39:57 - Clay’s intrinsic value analysis of Adobe and Microsoft. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Tune into the recent We Study Billionaires' episode covering Ray Dalio's thesis on the long-term debt cycle. Learn about the Lessons from Billionaire Howard Marks. Lyn Alden’s article: Investing During Stagflation and Four Simple Reasons to Buy Gold. Related Episode: Stig’s recent interview with Lyn Alden. Thomas Ch

IN THIS EPISODE YOU’LL LEARN: 02:36 - What is the Berkshire Hathaway Annual Shareholder’s meeting 30:19 - How do you attend the Berkshire Hathaway Annual Shareholder’s meeting 39:16 - What is the Intrinsic Value of Berkshire Hathaway, and how do you value the company 59:54 - What is the Intrinsic Value of Apple, and how do you value the company Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Read more about how to Attend the Berkshire Hathaway Annual Shareholder’s Meeting and the free events hosted by The Investor’s Podcast Network. Access TIP’s itinerary for the Berkshire meeting here. Register for the TIP events here. Contact Clay about the WhatsApp Group at clay@theinvestorspodcast.com. Stig Brodersen and Preston Pysh’s book, The Warren Buffett Accounting Book – Read reviews of th

IN THIS EPISODE YOU’LL LEARN: 02:42 - David’s take on the current bear market and how to keep calm. 09:14 - Assessments of Netflix. 19:02 - The new era of Amazon. 31:26 - Assessments of Meta. 36:31 - Assessments of Apple 42:56 - Assessments of Hershey. 58:59 - How David and his brother Tom navigated their own business through previous recessions that resulted in laying off over 80% of their employees at one point. 1:04:42 - How David approaches learning and teaching his family about investments and life. 1:12:38 -The new Motley Fool Ventures and Foundation endeavors. And much, much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. The Motley Fool Website. The Rational Optimist by Matt Ridley Book. You Have More Than You Think Book. Rule Breaker Investing Podcast. Trey Lock

IN THIS EPISODE, YOU’LL LEARN: 01:14 - Paper Bitcoin and what's causing the massive sell-off. 08:52 - How Silicon Valley VC fed the "Crypto" scam. 09:51 - How much more impairment is left in the market? 14:00 - What is happening with Genesis and DCG? 26:56 - What is happening with the GBTC discount? 31:27 - What is happening with Silvergate Bank? 38:56 - ETH and OFAC Compliance. 52:56 - What is happening with Tether? Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Dylan's article: The Conclusion of the Long-term Debt Cycle and the Rise of Bitcoin. Related Episode: Bitcoin Derivatives & On-Chain Data w/ Will Clemente & Dylan LeClair - BTC053. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try o