We Study Billionaires - The Investors Podcast

On today's show, we learn valuable investing lessons from legend Stanley Druckenmiller. IN THIS EPISODE YOU’LL LEARN: Why Stanley Druckenmiller makes many small bets in the market if he had a down year Stanley Druckenmiller’s thoughts on the optimal Monetary Policy Why price signals from the market is no longer a good predictor in the stock market  The Investor’s Podcast: Why are Hedge Fund managers celebrated when Mutual Fund managers are not 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.  SPONSORS Support our free podcast by supporting our sponsors: River Toyota

On today's show, we talk to World Poker Champion, Annie Duke, about how she thinks in bets.  IN THIS EPISODE YOU’LL LEARN: Why we should make decisions the same way as making bets How to separate the decision and the result and why it’s important Why it makes sense to offer the right person $30,000 to spend 30 days in Des Moines (seriously!) How to seek the truth together as a group BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Annie's new book: Thinking in Bets 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, ma

On today's show, we learn valuable lessons from Silicon Valley billionaire Larry Ellison. IN THIS EPISODE YOU’LL LEARN: How to deal with critique and search for the truth. How the very early years of a persons life might greatly impact their personality and approach to solving problems. Why Apple might not have been the Apple we know today without Larry Ellison. The Investor’s Podcast: What is the difference between Warren Buffett’s Owner Earning and EBITDA.  BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Preston’s video about Owner’s Earnings. 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 strategi

On today's show, we learn valuable lessons from Silicon Valley billionaire Reid Hoffman. IN THIS EPISODE YOU’LL LEARN: What is the secret to the success of Silicon Valley? How to manage a company that is growing at 2.5% - per day. How to use your network to find new job opportunities. Why financing and distribution is just as important as the product you are selling. Ask The Investor’s Podcast: How do I value fast growing unlisted companies?  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 Investor’s Podcast’s episode about Reid Hoffman’s book, The Start-up of you. Kai-Fu Lee’s book, AI Superpowers – Read reviews of this book. One of Steve Jobs’ favorite books, Inside the Tornado – Read reviews of this book. John Carreyrou’s book, Bad Blood – Read reviews of this book. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (com

On today’s show we bring back our good friend, Jesse Felder. Jesse is a former multi-billion dollar hedge fund manager out of Santa Monica California. Jesse is regularly featured on the Wall Street Journal, Barron’s, and many other national level business outlets.  IN THIS EPISODE YOU’LL LEARN: Why Warren Buffett’s valuation metric for the stock market forecasts around a 0% return over the next 10 years. Why Warren Buffett has refinanced his debt and what it means for you as an investor and house buyer. Why Ray Dalio and Jesse Felder think that the dollar is entering a bear market. Which gold stocks to take a position in and why. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Jesse Felder's popular podcast, Superinvestors. Jesse Felder's Blog. Jesse's twitter. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with tran

On today's show, Preston and Stig talk about billionaire Charles Koch. Koch made his money in the chemical business since the 1960's. As the Chairman and CEO of Koch industries for over 50 years, Koch has produced an 18% annual return. IN THIS EPISODE YOU’LL LEARN: What Charles Koch thinks are the key ingredients to being successful in business. The importance of market-based management. How Charles Koch’s choose among business opportunities. Why creative destruction is and why it’s important in business and stock investing. Ask The Investors: What do you think about Ray Dalio’s All Weather Portfolio? BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Related Episode: Listen to Preston and Stig’s discussion of Charles Koch’s book, The Science of Success. or watch the video here. Preston and Stig’s Executive Summary of Charles Koch’s book, The Science of Success. Related Episode: Lis

On today's show, Preston and Stig cover questions and answers from Silicon Valley billionaire Peter Thiel. IN THIS EPISODE YOU’LL LEARN: Why and how Peter Thiel is always inverting his thinking and why you should do the same. Why visionaries think in terms of a tipping point of employees rather than a tipping point for revenue. What Peter Thiel knows that no one agrees with him on. Why computers replacing people is an angst narrative that is not true. Ask The Investors: How much should value investors pay attention to the bond yield curve?  BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Preston and Stig’s discussion of Peter Theil’s book, Zero to One Preston and Stig’s executive summary of Peter Theil’s book, Zero to One Reid Hoffman’s book, Blitzscaling – Read reviews of this book Ryan Holiday’s book, Conspiracy - Read reviews of this book NEW TO THE SHOW? Check out our W

On today's show Preston and Stig discuss billionaire Ray Dalio's new book, Big Debt Crises.   IN THIS EPISODE YOU’LL LEARN: Why Ray Dalio thinks that the US Dollar could depreciate 30%. Why the financial crisis in 2007-2011 was solved much faster than the Great Depression. How to diagnose in which stage of a debt crisis an economy is in. How a fixed exchange rate can both be the solution and the problem of a debt crisis . BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Ray Dalio’s video, How the Economic Machine Works  Ray Dalio’s interview where he mentions the 30% decline in the value of the dollar Ray Dalio’s new book on Amazon: Big Debt Crises Ray Dalio’s new book on pdf: Big Debt Crises 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 managi

On today’s show, Preston and Stig learn important lessons from billionaire Michael Dell. IN THIS EPISODE YOU’LL LEARN: The story behind starting up Dell.  Why a negative cash conversion cycle is key for the growth of any business. How Michael Dell created a strategy for rapid growth. Which challenges Michael Dell had and how he overcame them.  Ask the Investors: How do you find a co-founder, and how did Preston and Stig meet?  BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Preston and Stig’s first website, BuffettsBooks.com. Geoffrey Moore’s book, Inside the Tornado – Read reviews of this book. Subscribe to Preston and Stig’s free Intrinsic Value Assessments Tobias Carlisle’s article about shorting the market Tobias Carlisle’s book, The Acquirer’s Multiple – read reviews of this book Tobias Carlisle’s Acquirer’s Multiple stock screener: AcquirersMultiple.com  Hari’s Blog:B

On today’s show, Tobias Carlisle and Hari Ramachandra join Preston and Stig for a conversation about viable stock picks in the fourth quarter of 2018. IN THIS EPISODE YOU’LL LEARN: The group’s intrinsic value assessment of $HPQ, $FONR, $SH, and $HDB. Why Preston is shorting the S&P500. If banks in India is a bull case. How you can divide the stock market into four states, and how to position yourself accordingly. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Preston and Stig’s free resource, Intrinsic Value Index. Preston and Stig’s Intrinsic Value Assessment of Fonar that was discussed in this episode. Subscribe to Preston and Stig’s free Intrinsic Value Assessments. Tobias Carlisle’s article about shorting the market. Tobias Carlisle’s book, The Acquirer’s Multiple – read reviews of this book. Tobias Carlisle’s Acquirer’s Multiple stock screener: AcquirersMultiple.com . Twee

On today's show we learn about commercial real estate investing from expert Ian Formigle.   IN THIS EPISODE YOU’LL LEARN: Why and how commercial real estate has generated double-digit returns historically. Why the best investments in commercial real estate can be found in secondary markets. How to detect inefficiency in commercial real estate. How and why now might be the time to consider asset classes with no correlation to the stock market. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Ian Formigle’ company, CrowdStreet. CrowdStreet’s free educational material. Tweet directly to Twitter for questions about commercial real estate: @CrowdStreet. 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 excl

Learn important business lessons from billionaire Oprah Winfrey. IN THIS EPISODE YOU’LL LEARN: Why a very special girl was the best guest among 35,000 interviews, Oprah conducted throughout her career. How Oprah found her calling. How Oprah is assembling her team. How Oprah chose her personality. Ask The Investors: Do you use components of dollar cost averaging as intrinsic value investors?  BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Related Episode: Listen to Preston and Stig’s episode about Oprah’s book,What I Know for Sure or watch the video here. Related Episode: Listen to Preston and Stig’s episode about Napoleon Hill’s book,Think and Grow Rich or watch the video here. Related Episode: Listen to Preston and Stig’s episode about Carol Dweck’s book,Mindset or watch the video here. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all

On today's show, we talk about the impact on financial markets in the US and China with Macro expert, Luke Gromen. IN THIS EPISODE YOU’LL LEARN: Why we’re not in a typical credit cycle. The bull and bear case for commodities. Why the bond market should have higher yields than it has today. Which big tech stock to invest in and why. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Kai-Fu Lee’s book, AI Superpowers – Read reviews of this book. Luke Gromen’s website, The Forrest for the Trees. 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. L

On today's show, we have body language expert Joe Navarro. IN THIS EPISODE YOU’LL LEARN: How to read other people’s body language and why it’s reliable. Why you should look down when you study the body language of another person. How business people can use body language in negotiations. How to enhance your relationships with a simple head tilt. How to detect the body language of a true leader.  BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Joe Navarro’s website, jnforensics.com. Tweet directly to Joe Navarro: @navarrotells. Joe Navarro’s book, What Every BODY is Saying – Read reviews of this book. Joe Navarro’s book, The Dictionary of Body Language – Read reviews of this book. 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 portf

Stig and Preston discuss the current stock market conditions and how they see the current 9 year bull market. IN THIS EPISODE YOU’LL LEARN: How Preston and Stig’s previous stock picks have performed How Preston and Stig are positioned given the current market conditions How often we experience corrections in the stock market The impact rising federal funds rate on the stock market Ask The Investors: Should I add bonds to my portfolio?  BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Preston and Stig’s, Intrinsic Value Index. Preston’s intrinsic value assessment on Apple Inc. Preston’s intrinsic value assessment on Foot Locker 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 

On today's show, we talk about commodity investing with expert Marin Katusa. IN THIS EPISODE YOU’LL LEARN: Why the US dollar can be expected to appreciate over the next 6 months Why gold and uranium are trading below its value Why oil might go as low as $40 over the next 12 months How to take advantage of uncertainty and volatility in commodities How to conduct research on commodities  BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Marin Katusa’s special offer for the listeners of The Investor’s Podcast. Marin Katusa’s new research report, The Katusa Paradox. Marin Katusa’s free research on his website, Katusa Research. 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 favorit

On today's show, we study billionaire Mark Zuckerberg. IN THIS EPISODE YOU’LL LEARN: Why Mark Zuckerberg said no to $1B age 22 How Mark Zuckerberg thinks about making big changes to Facebook’s platform What Mark Zuckerberg is most excited about over the next 20 years How Mark Zuckerberg is working to get everyone on the planet online Ask The Investors: Do you use a checklist when picking stocks? BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Preston and Stig’s interview with Allen Gannett about his book,The Creative Curve or watch the video here. Stanislas Dehaene’s book, Deciphering How the Brain Codes Our Thoughts – Read reviews of this book. Related Episode: Listen to Preston and Stig’s checklist for stocks in practice,Intrinsic Value Index. 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: How Richard Branson does not let knowhow and capital constraints stop his business ventures. Why your personality is important for starting up a business The process how Richard Branson started up 200 companies Ask The Investors: Would you both have passive and active investing in your portfolio?  BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Related Episode: Listen to Preston and Stig’s discussion of Richard Branson’s book,Screw It – Let’s Do It or watch the video here. Related Episode: Listen to Preston and Stig’s discussion of Ray Dalio’s book, Principles or watch the video here. Related Episode: Listen to Preston and Stig’s discussion of Clayton Christensen’s book,The Innovators Dilemma or watch the video here. Test your personality type at https://www.16personalities.com/. NEW TO THE SHOW? Check out our We Study Billionaires Starter Pac

On today's show, we talk to a precious metals expert, David McAlvany, about whether an investor should include gold, silver, or platinum in their portfolio. IN THIS EPISODE YOU’LL LEARN: Why value investors should consider gold if they deem the stock market overvalued. Why investors hold silver and platinum. How to determine the asset allocation of gold by the ratio to other precious metals. How to use the Dow Jones’s ratio to the price of gold as a buy or sell signal. How should gold be allocated in your portfolio when you plan for retirement.  BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. David McAlvany’s site where you can buy and sell gold, VaultedApp.com Roy Jastram’s book, The Golden Constant – Read reviews of this book. Adam Fergusson’s book, When Money Dies – Read reviews of this book. Anthony Sutton’s book, The War on Gold – Read reviews of this book. NEW TO THE

On today's show, we talk to billionaire, Howard Marks. Mr. Marks has produced a 19% annual return for the past 22 years investing in distressed debt. He has been a money manager for 50 years and is a renown luminary in security analysis. IN THIS EPISODE YOU’LL LEARN: How Howard Marks invests accordingly to the market cycle. How Howard Marks can be fully invested, and still be cautious in an overvalued stock market. How to assess where we are in the market cycle. What Howard Marks learned from the current cycle we’re in. Which advice Charlie Munger had for Howard Marks about investing.  BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Howard Marks’ new book, Mastering The Market Cycle. Read Howard Marks’free memos. Read the Interview highlights of Howard Marks’ latest episode. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (com