We Study Billionaires - The Investors Podcast

IN THIS EPISODE, YOU'LL LEARN: 00:03:02 - How Guy Spier’s ancestors lost their family fortune and became refugees in the 1930s. 00:11:41 - How Guy was shaped by this story and embarked on a quest to restore their lost fortune. 00:24:20 - Why investors need to recognize that nothing is stable and everything changes. 00:28:12 - Why Guy settled in Switzerland and why he worries about the future of the U.S. 00:35:34 - Why he doesn’t like Bitcoin or gold, preferring to own “productive assets.” 00:45:11 - Why it’s critical to invest in a way that’s true to your own nature. 00:51:00 - Why so many highly intelligent and talented fund managers end up failing. 00:59:45 - How the crash of overvalued growth stocks proves again that “price really does matter.” 01:03:17 - Why Nick Sleep’s concept of “destination analysis” is such a valuable filter for investors.  01:14:08 - How to prosper by owning great businesses that occupy the “economic high ground.”  01:27:00 - Why it’s so important to size your bets correc