We Study Billionaires - The Investors Podcast

On today’s episode, Kyle Grieve chats with co-host Clay Finck about Clay’s favorite book, The Joys of Compounding. They discuss how compounding can profoundly affect people's lives inside and outside of investing, simple thinking tools to make better decisions, why humility is such an important trait all good investors possess, how to think about value and quality traps regarding evaluation, why you should emphasize compounding in your relationships with others and your health, and a whole lot more! IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 03:07 - Why compounding can be found in all areas of life 10:01 - The importance of self-education after a formal education in the wealth-building process 13:03 - Valuable thinking tools that can help you optimize your decision-making and think at a higher level 18:26 - A breakdown of two of Guatam Baid's first principles of investing 21:39 - The importance of humility in investing and understanding whether you have an advantage or disadvantages 29:05 - Why living life