Podcast appearances and mentions of Charlie Munger

Derek Moore and Jay Pestrichelli, CEO of ZEGA Financial, discussed the fallout in the markets during Jerome Powell's press conference post Fed decision. Then, they talk about high yield spreads and current interest rates across relative fixed income like investment grade, high yield, and treasuries. Finally, they explore how options are priced and which options are considered expensive or cheap vs one another. It might surprise you to take a step back looking at the per day costs. How options are priced using various inputs like implied volatility, interest rates, and time value. How Warren Buffett and Charlie Munger at Berkshire Hathaway have used options. Charlie Munger says Black Scholes is useless to price longer term options. Finally, some recommendations.     The Federal Reserve has no action, but rates move higher. Rising long end of the yield curve Does the bond market finally believe the fed? Jerome Powell post press conference market selloff When all the high yield is due to be refinanced in the debt maturity wall. Looking at 0 DTE option with a half hour left compared to 3-day options. Comparing 0 DTE options all the way out to 5year+ options prices What is the per day cost of an option? Comparing longer vs shorter-term options from a cheap vs expensive standpoint How implied volatility currently is higher in much longer options. What implied volatility says about 1 standard deviation expectations for price? Cost of carry and interest rates in the pricing of options Constructing hypothetical option trades holding treasuries with long term calls Is Charlie Munger right that Black Scholes mispriced long term options? ISDA agreement Big Short Brownville Capital talking about mispriced long-term options. Warren Buffett talks about selling very long term options to get paid to have an option   Mentioned in this Episode:   0DTE Options Analysis| Inflation Coming Back? | Strong US Dollar Impact https://podcasts.apple.com/us/podcast/0dte-options-analysis-inflation-coming-back-strong/id1432836154?i=1000628157831   Warren Buffett and Charlie Munger Berkshire Hathaway meeting discuss using and pricing options https://www.youtube.com/watch?v=SMkpou-YBGw   Implied Volatility Deep Dive | Real Interest Rate Yields | The Big Short | Tesla vs Nvidia https://podcasts.apple.com/us/podcast/implied-volatility-deep-dive-real-interest-rate-yields/id1432836154?i=1000627400400   GameStop Short Squeeze by the Reddit Wall Street Bets Traders Explained https://podcasts.apple.com/us/podcast/broken-pie-chart/id1432836154?i=1000507187446 The Big Short Movie and Credit Default Swaps Explained https://open.spotify.com/episode/6FG0xHkxfhSXEtbJbFbDF6 Margin Call Movie and Understanding Value at Risk https://open.spotify.com/episode/2XJ58KAoQKw2sdC48KHyPp Recession Predictions Still Wrong? | Synthetic Options | Unemployment Anomalies | Oil Prices Breakout https://podcasts.apple.com/us/podcast/recession-predictions-still-wrong-synthetic-options/id1432836154?i=1000626691109   0 DTE Options No Problem? | Jay Powell's Wyoming Speech Points to More Interest Rate Hikes? https://podcasts.apple.com/us/podcast/0-dte-options-no-problem-jay-powells-wyoming-speech/id1432836154?i=1000625845803     Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt   Derek's new book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag   Derek Moore's book Broken Pie Chart https://www.amazon.com/Broken-Pie-Chart-Investment-Portfolio/dp/1787435547/ref=sr_1_1?keywords=broken+pie+chart&qid=1558722226&s=books&sr=1-1-catcorr   Contact Derek derek.moore@zegafinancial.com   www.zegafinancial.com

Join Roland Frasier and Jay Abraham in this captivating episode as they explore the fascinating world of mental models and how they can propel your business to new heights. As the authors of a groundbreaking book featuring introductions by Tony Robbins and Daymond John, Roland and Jay are here to share their wealth of knowledge with you.In this chapter titled "Mental Models for Thinking Better," you'll discover the secrets to enhancing your thinking and decision-making processes. Learn how to build a latticework of mental models, just like Warren Buffett's partner, Charlie Munger, suggests, and gain a competitive edge in the business world.Roland and Jay dive deep into various mental models, such as exponential growth, geometric thinking, optimization, risk minimization, and more. They reveal how to tap into other people's resources, credibility, and reach, creating a world of opportunities without the need for capital.Discover how to leverage the power of barter, fame, and partnerships to skyrocket your business success. Whether you're a famous personality or someone looking to collaborate with the famous, you'll find valuable insights to harness the potential of other people's audiences.This episode is a game-changer for entrepreneurs and business leaders seeking to gain absolute ethical advantage in their industries. Don't miss out on the opportunity to expand your thinking, improve your decision-making, and unlock the ultimate money machine. Tune in now and prepare to think better, achieve more, and set yourself up for unparalleled success!**For a limited time only, head over to BusinesWealthWithoutRisk.com or Amazon to buy the book for as little as 99 cents! HIGHLIGHTS"Discover how to tap into other people's resources, credibility, and reach, creating a world of opportunities without the need for capital.""When you understand that these elements, what we're sharing in this chapter, teach you how to gain absolute ethical advantage over everybody else and how to get that business that you just got control of and blow it up. So it's really an ultimate money machine and then do it over and over again." "Understanding these mental models is going to be one of the keys to set you guys up. You learned how to think bigger. Now in this part, you're going to learn how to think better, and once you've done that, you're ready for the next."Mentioned in this episode:Get Roland's Training on Acquiring Businesses!Discover The EXACT Strategy Roland Has Used To Found, Acquire, Scale And Sell Over Two Dozen Businesses With Sales Ranging From $3 Million To Just Under $4 Billion! EPIC Training

Charlie Munger is one of the greatest investors of all time. He's also one of the most profound thinkers of our era. This begins a multi-part series of short episodes dissecting some of Jared's favorite lessons from the investing giant.If you enjoy listening to the podcast, please do us a favor and leave us a review on Spotify or Apple!And don't forget to sign up for our NEWSLETTER where we have all kinds of good tips and info you don't get with the podcast.Tools to make more money and grow your bizNeed a little help growing your business or making more money at it? In addition to almost 100 free episodes of the podcast, check out The Building Optimal Shop, a place where we have business tools for builders and contractors…and the list is growing. Or, if you want full-scale consulting or business startup help, check out our brand new:Building Optimal Business AcceleratorThank you to our amazing brand partnersLowe's and the new Lowe's MVP Pro Rewards ProgramSubzero Wolf CoveHuber Engineered WoodsGrand OpeningsQuaker

TO LEARN MORE:       www.CrossFitEdwardsville.com       www.Facebook.com/CrossFitEdwardsville      TikTok: @crossfitedwardsville      Instagram: @crossfitedwardsville        Twitter: @cfedwardsville        YouTube: CrossFit Edwardsville TO GET STARTED AT CFE:     Book a No-Sweat Conversation with a coach, using this scheduler:          https://crossfitedwardsville.com/intro/    You can also find the link to schedule on our website. While this show is educational & entertaining in nature, it does not replace or supplant professional medical guidance from your own physician. Before beginning any exercise or nutrition program, please first consult with your doctor. 

In this episode, we breakdown a recent memo by Howard Marx titled, "Fewer Losers, or More Winners?". We discuss three important ideas from this memo:  1. Risk Control vs. Risk Avoidance - the importance of understanding the difference between the two. 2. The Risk of Taking Too Little or Too Much Risk - the balance between taking risks and avoiding them. 3. Warren Buffett and Charlie Munger's Investment Approach - the similarity between their approach and our process which involves controlling risks, holding onto quality assets, and avoiding big losses to create wealth. Here's to wise investing, Brett Pattison & Brian Hunsaker

Every once in a while I'm stupid enough to get into an argument with my wife. Even when I win the battle (rarely), I lose the war (always). This paradox made me think about the art of influence. How do you persuade people in a way that both sides feel they've won? I turned to the world's preeminent thought leader on the topic - Professor Robert Cialdini - who wrote a book called Influence, The Psychology of Persuasion - that has sold more than five million copies around the world. Charlie Munger and Warren Buffett loved the book so much they actually gave Cialdini a share of their stock - Berkshire Hathaway - which is now worth nearly 1/2 a million dollars. When asked about the gift, Munger replied, "The principles in your book have made our firm a lot of money over the years. You deserve a gift." After listening to today's episode, let us know if you agree with Charlie Munger? Do Professor Cialdini's principles resonate with you? www.imperfectleaders.com

Clay Finck is joined by Jacob McDonough to discuss Berkshire's 1962 beginnings, Warren Buffett's turnaround, and its rise to a $800B valuation by 2023.Jacob McDonough is the author of the book Capital Allocation, which covers the financials of Berkshire Hathaway from 1955 through 1985, and he's the host of the 10-K podcast, where he dives into the annual reports of various companies from decades ago, such as Geico and GM.IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro.02:02 - Why purchasing Berkshire Hathaway's stock was one of Buffett's worst investment decisions.05:51 - How cheap Berkshire's stock was when Buffett purchased it.10:26 - The initial steps Buffett took to turn Berkshire's business around.13:12 - Why Buffett's emphasis on cutting costs was so critical to Berkshire's early success in the mid-1960s.17:37 - The pivotal moment in 1967 that changed everything for Berkshire Hathaway.20:06 - How National Indemnity's valuation compared to the textile business.27:27 - How insurance float helped supercharge Berkshire's growth.30:46 - The advantages Berkshire gained by getting into the insurance industry.34:39 - What got Buffett and Munger into purchasing shares in Blue Chip Stamps.39:40 - Buffett's unconventional use of debt in expanding operations.41:49 - What fueled the 1970s expansion phase.54:05 - What led Geico's stock to drop 96% in the 1970s.62:30 - How Warren Buffett and Charlie Munger met.65:11 - The financials and story of one of Berkshire's best investments ever - See's Candy.72:32- How Jacob thinks about different return metrics when analyzing a company.75:26 - Jacob's biggest takeaways from studying the history of Berkshire Hathaway.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESCheck out our newly released TIP Mastermind Community.Check out our recent episode : TIP569: An Investor's Guide to Clear Thinking w/ Chris Mayer or watch the video here.Jacob's book Capital Allocation.Jacob's podcast The 10-K Podcast.Follow Jacob on Twitter.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!SPONSORSInvest in Bitcoin with confidence on River. It's the most secure way to buy Bitcoin with 100% full reserve custody and zero fees on recurring orders.Reach the world's largest audience with Linkedin, the place to B2B. Plus, enjoy a $100 credit on your next ad campaign!Invest in some of the top private, pre-IPO companies in the world with Fundrise.Learn how Principal Financial can help you find the right benefits and retirement plan for your team today.Experience real language learning for real conversations with Babbel. Get 55% off your Babbel subscription today.Beat FOMO and move faster than the market with AlphaSense.Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite's popular KPI Checklist, designed to give you consistently excellent performance for free.Choose Toyota for your next vehicle - SUVs that are known for their reliability and longevity, making them a great investment. Plus, Toyotas now have more advanced technology than ever before, maximizing that investment with a comfortable and connected drive.Send, spend, and receive money around the world easily with Wise.Be confident that you'll be small businessing at your best with support designed to help you reach your goals. Book an appointment with a TD Small Business Specialist today.Invest in the same paintings available to billionaires, at a more accessible price point with Masterworks.Start, run, and grow your business without the struggle. Be in control of every sales channel with Shopify. Sign up for a $1 per month trial period today.Return to the all-access world of the rich and powerful. Don't miss new episodes of Billions streaming now on Paramount Plus with Showtime plan.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.

Costco is not only Charlie Munger's favorite company of all time (plus he's on the board, natch), it's an absolutely fascinating study in how seemingly opposite characteristics can combine to create incredible company value. For instance: Costco has the cheapest prices of any major retailer in America — and also the wealthiest customer base. They pay their hourly workers 30% above the industry norm (and give them excellent healthcare + 401k benefits) — and are almost 3x more profitable on labor than Walmart. Speaking of Walmart, Costco stocks 40x fewer SKUs than their Bentonville-based rivals — yet sells an average of 15x more volume of each. And oh yeah, practically all of Costco's C-Suite started their careers as baggers and checkout clerks! Tune in for a mind-bending exploration of one of the world's most iconic — and iconically unique — companies.Sponsors:Thanks to our fantastic partners, any member of the Acquired community can now get: Your product growth powered by Statsig Free access to our episode research on Blinkist plus our favorite books on Ben & David's Bookshelf Scalable, clean and low-cost cloud AI compute from Crusoe (and listen to our recent ACQ2 interview with CEO Chase Lochmiller) More Acquired!: Get email updates with hints on next episode and follow-ups from recent episodes Join the Slack Subscribe to ACQ2 Become an LP and support the show. Help us pick episodes, Zoom calls and more Links: The Science of Hitting Warren Buffett's Costco joke Episode sources Carve Outs: Tifosi sunglasses Dwells “take off everything” Jeremy Giffon on Invest Like the Best Dogpatch David Lidsky's great piece on Acquired in Fast Company ‍Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.

Clay Finck reviews the 28 psychology of human misjudgments in Peter Bevelin's book, Seeking Wisdom. One of the best ways to behave more rationally is to understanding our own shortcomings biologically which we are oftentimes unaware of. This episode dives deep into these shortcomings, and how we can sidestep them to invest more wisely.IN THIS EPISODE YOU'LL LEARN:0:00 - Intro4:11 - Many of the human misjudgments that Charlie Munger has spoken about extensively.4:34 - What bias by mere association is.8:41 - How rewards and punishments influence our behavior.14:51- How self-interest and incentives drive decision-making.24:40 - The bias of self-deception and denial.26:00 - The bias of being consistent with our prior actions.30:11 - The status quo bias.31:42 - How investors can exploit the tendency of humans to be incredibly impatient.36:58 - The anchoring bias.43:51 - What reciprocity is, and it's effects on human behavior.48:29 - The bias of social proof.51:01 - How authority bias effects our investment decisions.51:53 - How to combat our desire minimize uncertainty.55:07 - Why the simple solution is oftentimes the best solution. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESCheck out our TIP Mastermind Community.Peter Bevelin's book: Seeking WisdomTune into our previous episode with Gautam Baid or watch the video here.Tune into our previous episode covering Chris Mayer's book, How Do You Know? or watch the video here.Check out our recent episode covering Mark Leonard's Letters and Constellation Software or watch the video 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.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!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!SPONSORSInvest in Bitcoin with confidence on River. It's the most secure way to buy Bitcoin with 100% full reserve custody and zero fees on recurring orders.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.Experience real language learning for real conversations with Babbel. Get 55% off your Babbel subscription today.Reach the world's largest audience with Linkedin, the place to B2B. Plus, enjoy a $100 credit on your next ad campaign!Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite's popular KPI Checklist, designed to give you consistently excellent performance for free.Send, spend, and receive money around the world easily with Wise.Beat FOMO and move faster than the market with AlphaSense.Choose Toyota for your next vehicle - SUVs that are known for their reliability and longevity, making them a great investment. Plus, Toyotas now have more advanced technology than ever before, maximizing that investment with a comfortable and connected drive.Be confident that you'll be small businessing at your best with support designed to help you reach your goals. Book an appointment with a TD Small Business Specialist today.Start, run, and grow your business without the struggle. Be in control of every sales channel with Shopify. Sign up for a $1 per month trial period today.Return to the all-access world of the rich and powerful. Don't miss new episodes of Billions streaming August 11th on the Paramount Plus with Showtime plan.Look good and feel good with True Classic's range of summer essentials, crafted with premium quality fabrics at an accessible price. Get 25% off today with the code WSB.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.

William Green is the author of Richer, Wiser, Happier: How the World's Greatest Investors Win in Markets and Life! Over the last quarter of a century, he has interviewed many of the world's best investors, exploring in depth the question of what qualities and insights enable them to achieve enduring success.  This landmark book sheds new light on two overarching questions: What principles, processes, insights, habits, and personality traits enable the most successful investors to beat the market in the long run and become spectacularly rich? On this episode William shares his answers to that question!  Interested in having Sean DeLaney be your executive coach? CLICK HERE  Marketer Hire– Get $500 off your first hire! – Click HERE https://youunleashedcourse.com/ You Unleashed is an online personal development course created by Sean DeLaney after spending years working with and interviewing high achievers.The online course that helps you ‘Unleash your potential'! You Unleashed teaches you the MINDSETS, ROUTINES and BEHAVIORS you need to unleash your potential and discover what you're capable of. You know you're capable of more and want to bring out that untapped potential inside of you. We teach you how. Enroll Today!- Click Here Subscribe to my Momentum Monday Newsletter Connect with us! Whatgotyouthere TikTok YouTube Twitter Instagram     

Today, we'll help you get out of your own way. We subscribe to the Charlie Munger school of "instead of trying to be smarter, try to be less dumb," and this episode digs into three ways to simplify your startup so that you can move faster. We talk through how to actually implement jobs to be done, how to build systems to amplify your willpower 100x, and how to be more courageous. Also, I'll watch Interstellar. Everyone calm down. TackleboxIdea to Startup Newsletter (Beehiiv)00:34 Removing Yourself as the Bottleneck2:33 Leverage Jobs to be Done to Focus (Fishing Story)6:23 Elderly Relocation Idea11:08 Smooth Jazz11:37 Run Towards the Rain13:45 Thrashing to find a Secret - The Plant Story15:25 A System for the Uncomfortable Stuff (fiverr + IG DM's)17:13 The Process for Improving Willpower18:31 What Would You Do if You Knew It Would Work?

Today, I'm joined by Alan Dunne to discuss the ‘treasury tsunami' and the current challenges that the economy faces, the state of the Japanese and Chinese economy and the fear of ‘Japanification', what is a reasonable return expectation for the different asset classes and why you should allocate to trend following despite the scepticism surrounding it. We also discuss how we are witnessing a slow burning Minsky moment in terms of debt and the refinancing risks that will emerge in the coming years, why meaningful allocation to markets is more important than allocating to too many markets and much more.-----EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder Tool-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT's TRUE ? – most CIO's read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “The Many Flavors of Trend Following” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Alan on Twitter.Episode TimeStamps:01:30 - What's been on Alan's radar in recent weeks?03:54 - The big macro picture12:26 - A treasury tsunami is coming17:29 - Why has the economy stayed strong?21:13 - A fear of Japanification26:28 - Industry performance update28:39 - A period of dispersion33:36 - Calculating the return expectations41:26 - Don't sleep on trend following47:47 - Slow burning Minsky moments55:22 - A conversation with Christopher Zook01:01:18 - Charlie Munger article about diversification01:08:34 - Thanks for listening Copyright © 2023 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:1. eBooks that cover key topics that you need to...

In this episode of Investing in Integrity, we spoke with Daniel Kimerling, Managing Partner of Deciens Capital, an early-stage investment fund. Along with being an experienced startup operator, Daniel is also the Co-Founder of Standard Treasury, a Y-Combinator backed startup. Daniel makes an impassioned case for the role of finance & technology (specifically venture capital) in creating opportunity and driving positive innovation – telling stories about how the financing of Genentech enabled the synthesis of insulin, or how fintechs like True Link and Chipper Cash have introduced much-needed financial products to underserved populations.  Much of this conversation is also a meditation on the value of liberal arts learning and insatiable curiosity in solving problems. “Investing is the ultimate liberal art,” Daniel says,  “because the amount of learning knows no bounds.” Daniel delves into his personal obsession, as he calls it, with, “understanding why people stick with projects that end up being massively successful, even though statistically the odds are massively against them. Daniel and Ross tie together observational insights drawn from Lin Manuel Miranda's Hamilton, to Charlie Munger's idea of “natural drift,” to Rick Rubin's work with Dr. Dre and Johnny Cash. We hope you enjoy this wide-ranging conversation on venture capital, technology, and timeless values like curiosity and perseverance!

Clay Finck chats with best-selling author, Gautam Baid. We cover the passionate pursuit of lifelong learning, how he achieved his dream of being a professional portfolio manager, why he puts the majority of his focus on high quality businesses, why India's time has arrived, and much more.Gautam Baid, CFA is the Managing Partner of Stellar Wealth Partners India Fund, a Delaware-based investment partnership which is available to accredited investors in the US. Gautam is also the Equity Advisor of Complete Circle Stellar Wealth PMS, a portfolio management service which is available to Indian citizens and NRIs globally. Both funds are modeled after the Buffett Partnership fee structure and invest in listed Indian equities with a long-term, fundamental, and value-oriented approach.IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro03:38 - Where Gautam's passion for value investing and lifelong learning originated from.07:07 - The realization that Gautam had to pursue his dream of managing money and investing in the stock market.10:52 - The story of Gautam applying to over 1,300 jobs in the investment industry before landing one as a portfolio manager.14:38 - How Gautam's book got published by Columbia Business School and became an international best seller in seven countries.18:43 - Gautam's definition of a high quality business.24:32 - Why Gautam allocates the majority of his portfolio to high quality businesses despite their richer valuations.30:00 - The characteristics of a business that indicate it has high staying power.31:06 - How Gautam identifies businesses that can earn super-normal profits.34:04 - Gautam's framework for selling stocks in his portfolio.35:35 - The four stages of a company's growth cycle.37:14 - Why Gautam looks for opportunities in all areas of the stock market, including cyclicals, spin-offs, and special situations.49:54 - Why it's so important to think probabilistically instead of deterministically.52:45 - Why forecasting the economy, the Fed, and interest rates is a fool's errand for stock investors.55:09 - Why humility is required to be a successful long-term investor.59:17 - Why US-based investors should consider investing in Indian equities.61:01 - Why Gautam believes that, “India's time has arrived.”64:51 - Long-term structural trends currently happening in India.69:02 - Why Gautam believes that the incentives in the overall investment industry are broken. 72:40 - The differences Gautam has found between managing a fund and managing his personal portfolio.75: 47 - Why lifelong learning is paramount to being a successful value investor.76: 28 - How to create an environment that promotes learning.78: 38 - Three investing and non-investing books Gautam recommends to our listeners.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESCheck out our newly released TIP Mastermind Community.Learn more about Gautam's Fund – Stellar Wealth Partners.Learn more about Complete Circle Wealth.Check out The Joys of Compounding.Check out Clay's review of The Joys of Compounding or watch the video here.Joel Greenblatt's book, You Can Be a Stock Market Genius.Ed Chancellor's book, Capital Returns.Fred Schwed's book, Where are the Customers' Yachts?.Terry Smith's book, Investing for Growth.Charlie Munger 's book, Poor Charlie's Almanack.Peter Bevelin's book, Seeking Wisdom.Michael Mauboussin's book, More Than You Know.Check out our recent episode covering the Microcap Investing with Ian Cassel, or watch the video here.Follow Gautam on Twitter.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!SPONSORSInvest in Bitcoin with confidence on River. It's the most secure way to buy Bitcoin with 100% full reserve custody and zero fees on recurring orders.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 your super sorted. Save money by consolidating multiple accounts, check out your investment options to see which is right for you, and see how extra contributions can make a big difference over time.Choose Toyota for your next vehicle – SUVs that are known for their reliability and longevity, making them a great investment. Plus, Toyotas now have more advanced technology than ever before, maximizing that investment with a comfortable and connected drive.Make investing in Short Term Rentals aka Air-BNBs simple, passive, and profitable with Techvestor. Listeners of We Study Billionaires get better terms by just mentioning “We Study Billionaires!” Sign up and book your call with their Investor Relations Team to get started today.Have the visibility and control you need to make better decisions faster with NetSuite's cloud financial system. Plus, take advantage of their unprecedented financing offer today – defer payments of a full NetSuite implementation. That's no payment and no interest for six months!Send, spend, and receive money around the world easily with Wise.Experience real language learning for real conversations with Babbel. Get 55% off your Babbel subscription today.Reach the world's largest audience with Linkedin, the place to B2B. Plus, enjoy a $100 credit on your next ad campaign!Get farm-fresh, pre-portioned ingredients and seasonal recipes delivered right to your doorstep with America's #1 meal kit, HelloFresh! Use code wsb50 for 50% off plus free shipping.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.

Michael Garza Show Podcast: https://open.spotify.com/show/6dBGAg9qohEoWba5VMPMP8 #CharlieMunger #WarrenBuffett #Investing #BerkshireHathaway #Stocks Acorns: https://share.acorns.com/azragofborg Terp Canndles: https://TerpCanndles.com Mint Mobile: http://fbuy.me/t5tLM Discover it Card: https://refer.discover.com/s/MICHAEL6043675 YouTube Channel: https://www.youtube.com/MichaelGarzaShow Rumble!: https://rumble.com/MichaelGarza Garza Media: https://garzamedia.net Capital One: https://capital.one/3IqGDer Robinhood: https://join.robinhood.com/michaeg4251 Disclaimer: The content provided in this video is for informational purposes only and should not be construed as financial, legal, or professional advice. The views and opinions expressed in this video are solely those of the creator and do not necessarily reflect the official policy or position of any other individual or organization. While efforts are made to ensure the accuracy and completeness of the information provided, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the video or the information, products, services, or related graphics contained in the video for any purpose. Any reliance you place on such information is therefore strictly at your own risk. We encourage you to seek professional advice tailored to your specific circumstances before making any financial or legal decisions. The creator of this video shall not be held responsible for any errors or omissions in the content or for any actions taken based on the information provided in this video. We disclaim all liability for damages of any kind arising out of use, reference to, or reliance on any information contained within this video. By watching this video, you acknowledge and agree to the terms of this disclaimer. I am an entertainer at heart and an experienced long-term investor. I do not teach day trading or those incorrect short-term investing strategies. I believe that buy, hold and diversification are the best strategies you can have in the markets. Charlie Munger, stock market, money, warren buffett, charlie munger interview, cnbc, business news, finance stock, news channel, news station, breaking news, us news, world news, cable, cable news, finance news, money tips, business, charlie munger advice, berkshire, charlie munger speech, charlie munger daily journal 2023, personal finance, investing, 2023 berkshire hathaway annual shareholders meeting, omaha, munger, yapss, charlie munger daily journal, ross, school, yahoo finance --- Support this podcast: https://podcasters.spotify.com/pod/show/michaelgarza/support

In this episode Scott Becker discusses advice from Charlie Munger, Vice Chairman of Berkshire Hathaway's advice on the importance of getting your first $100,000.

In this episode Scott Becker discusses advice from Charlie Munger, Vice Chairman of Berkshire Hathaway's advice on the importance of getting your first $100,000.

Robert Leonard chats with Tobias Carlisle about the global economy, market assessment, value investing opportunities, mean reversion trades, quality assessment in deep value strategies, using screeners, and more!Tobias Carlisle is the founder of The Acquirer's Multiple®. He is also the founder of Acquirers Funds® which manages ZIG, the Acquirers Fund, and DEEP, the Roundhill Acquirers Deep Value Fund.IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro01:33 - His current assessment of the global economy and markets. 08:59 - Why he thinks the current market conditions create a favorable set up for value investors going forward?20:32 - How long a mean reversion trade typically takes and how this differs from a time horizon of a quality investor. 24:39 - How to use his screeners and find companies that are cheap on an acquirer's multiple basis?44:39 - How an assessment of quality plays a role in a deep value strategy. *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESTobias Carlisle's book The Acquirer's Multiple.Tobias Carlisle's book Deep Value.Tobias Carlisle's book Quantitative Value.The Acquirer's Podcast.The Acquirer's Multiple.The Acquirer's Fund.Related Episode: Listen to MI025: Deep Value Investing w/ Tobias Carlisle or watch the video.Related Episode: Listen to MI084: Warren Buffett, Charlie Munger, And Berkshire Hathaway w/ Adam Mead or watch the video.NEW TO THE SHOW?Check out our Millennial Investing Starter Packs.Browse through all our episodes (complete with transcripts) here.Try Robert's favorite tool for picking stock winners and managing our portfolios: TIP Finance.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 a FREE audiobook from Audible.Have the visibility and control you need to make better decisions faster with NetSuite's cloud financial system. Plus, take advantage of their unprecedented financing offer today - defer payments of a full NetSuite implementation. That's no payment and no interest for six months!Your home might be worth more than you think. Earn extra money today with Airbnb.RentSavvy is the first and only nationwide service for filling your rental property with a quality tenant for one flat fee. Register your rental property for free at RentSavvy.co now, to take advantage of this tenant placement service for your next vacancy.Support our free podcast by supporting our sponsors.Connect with Robert: TwitterConnect with Tobias: Website | Twitter | LinkedInSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Charlie Munger of Berkshire Hathaway Praises Elon Musk

In this episode, we get to absorb the immense wisdom of 99.5-year-old voracious reader and legendary investor, Charlie Munger. So if you want to realize the long-term advantages of being consistently not stupid, instead of trying to always be very intelligent… If you want to teach your dental practice to be a learning organization… If you want to experience the financial and fulfillment upside of "following your own drift" so you can experience an epic life… Tune in now! Attention single-location dental practice owners who want to build a high-performance team so that you can take more time off while enjoying elevating profits: Learn about Dental Practice 3.0 and the new Dentists Ascend Mastermind.

John Huber is the Managing Partner of Saber Capital Management, LLC. Saber manages separate accounts as well as a partnership modeled after the original Buffett Partnership fee structure. Investors in the fund pay no management fees, and Saber only gets compensated for returns that exceed 6% annually. We discuss: The Pursuit of continuous improvement Managing your day & environment for ideal performance  Improving your decision making  Read some of John's articles - https://sabercapitalmgt.com/ Interested in having Sean DeLaney be your executive coach? CLICK HERE  Marketer Hire– Get $500 off your first hire! – Click HERE https://youunleashedcourse.com/ You Unleashed is an online personal development course created by Sean DeLaney after spending years working with and interviewing high achievers.The online course that helps you ‘Unleash your potential'! You Unleashed teaches you the MINDSETS, ROUTINES and BEHAVIORS you need to unleash your potential and discover what you're capable of. You know you're capable of more and want to bring out that untapped potential inside of you. We teach you how. Enroll Today!- Click Here Subscribe to my Momentum Monday Newsletter Connect with us! Whatgotyouthere TikTok YouTube Twitter Instagram 

In this special episode, William Green shares several fundamental, life-changing lessons that he's learned from his conversations with Charlie Munger, Mohnish Pabrai, Tom Gayner, & John Spears. The focus here is on powerful insights that can guide & enrich you both in business & life.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro02:37 - Why Charlie Munger thinks being ethical is a huge competitive advantage 17:16 - Why Munger urges you to get “toxic people” out of your life, & do it fast.24:52 - How Mohnish Pabrai forges strong relationships based on trust & fairness and how Mohnish's success is built on David Hawkins' insights in “Power vs Force.”36:09 - What William Green learned from Hawkins' books that changed his life.46:36 - Why Munger won't indulge in destructive emotions like anger & envy.57:32 - How Markel CEO Tom Gayner infuses his business dealings with timeless values.1:06:33 - How Tom operates by initiating trust & then assessing whether it's deserved.1:16:23 - What Tom looks for when appraising a person's integrity.1:25:18 - What John Spears learned from Quakerism that guided him in business & life.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESTune in to William Green's full interview with Mohnish Pabrai or watch the video.Listen to William Green's full interview with Tom Gayner or watch the video.Tune in to William Green's full interview with John Spears or watch the video.Listen to William Green's interview with Daniel Goleman & Tsoknyi Rinpoche or watch the video.“Power vs Force” by David Hawkins.“Letting Go” by David Hawkins.“Transcending the Levels of Consciousness” by David Hawkins.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!SPONSORSInvest in Bitcoin with confidence on River. It's the most secure way to buy Bitcoin with 100% full reserve custody and zero fees on recurring orders.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.Have the visibility and control you need to make better decisions faster with NetSuite's cloud financial system. Plus, take advantage of their unprecedented financing offer today - defer payments of a full NetSuite implementation. That's no payment and no interest for six months!Send, spend, and receive money around the world easily with Wise.Having physical gold physical gold can help if you have an IRA or 401(k)! Call Augusta Precious Metals today to get their free “Ultimate Guide to Gold IRAs" at 855-44-GOLD-IRA.Choose Toyota for your next vehicle - SUVs that are known for their reliability and longevity, making them a great investment. Plus, Toyotas now have more advanced technology than ever before, maximizing that investment with a comfortable and connected drive.Let OneSkin work deeper than surface level and promotehealthier skin from the inside out. Get 15% off OneSkin with the code WSB.Make connections, gain knowledge, and uplift your governance CV by becoming a member of the AICD 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.

Welcome to another thrilling episode of the James Altucher Show. Our special guest for today is none other than Polina Marinova Pompliano, a former Fortune journalist, founder of the celebrated newsletter "The Profile", and now, author of the sensational new book Hidden Genius: The Secret Ways of Thinking That Power the World's Most Successful People.Polina breaks down the principles that power the most successful minds. We delve deep into the profiles of extraordinary personalities like the indomitable David Goggins, the master storyteller Aaron Sorkin, and the astute thinker Charlie Munger. Each figure illustrates an aspect of the 'hidden genius' Polina describes in her book, from Goggins' hardening resilience through adversity, Sorkin's impeccable storytelling acumen, to Munger's insights on building trust.As the conversation evolves, James and Polina offer a behind-the-scenes look into their journeys as interviewers and chroniclers of human experience. They dive into their philosophies behind profiling and interviewing guests, discussing the art and science of extracting nuggets of wisdom from their subjects, and the challenges and joys they encounter in the process.Further, they explore the sense of identity tied to their respective platforms. Polina offers insights on founding 'The Profile', revealing how the venture reflects her journalistic ethos and contributes to her evolving identity. In an industry where names are often tied to success, James and Polina reflect on the importance of creating something inherently and intrinsically connected to who they are. This episode promises to be a captivating exploration of what it means to navigate the world of profiles, interviews, and personal branding. This is not just a discussion about 'Hidden Genius' but a conversation that unveils the hidden geniuses behind 'The James Altucher Show' and 'The Profile'. Be prepared for an exciting ride!-----------What to write and publish a book in 30 days? Go to JamesAltucherShow.com/writing to join James' writing intensive!What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book Skip the Line is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe  to “The James Altucher Show” wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook

Mohnish Pabrai's Q&A session with the Finance Club of IIT Patna on May 10, 2023 (00:00:00) - Introduction (00:02:28) - Value investing; Amazon (00:09:52) - Learnings from Charlie Munger; Doheny Ranch, California (00:18:23) - Be a harsh grader while choosing your friends (00:27:17) - Li Lu (00:33:15) - Investing in China (00:38:14) - Cryptocurrency & algorithmic trading (00:39:27) - Book recommendations (00:40:21) - Identifying multibaggers (00:42:13) - My investing journey (00:46:49) - Book recommendation: Poor Charlie's Almanack (00:48:28) - Adam Grant: Give and Take (00:54:22) - Identifying great businesses (01:02:31) - Lunch with Buffett

Warren Buffet and Charlie Munger invest on the basis of value, not the economy. Good investing, versus speculating, should be boring, like watching paint dry. You want to protect your capital and get appreciation as a bonus. Chasing unrealistically high returns can cost a lot of money and create a lot of pain. Paul Moore, Managing Partner of Wellings Capital, has an impressive track record in investing in conservative asset classes and assets that are resilient, recession resistant, and stand the test of time. Paul's latest focus Is on RV Parks. Five times as many people own RV's today compared to just three years ago.

In this rewind episode, Clay Finck chats with Tom Botica about what it means to invest with a margin of safety, Seritage Growth Properties, and much more!Tom is a value investor and studies superinvestors such as Warren Buffett, Charlie Munger, Mohnish Pabrai, Guy Spier, and many others.IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro02:44 - What investors should keep in mind during a market correction.11:10 - Why investing checklists can be useful for value investors.16:46 - The case for individual stock pickers outperforming the market indices.28:11 - What Seritage Growth Properties does and why it's potentially a compelling investment.36:37 - Why Seritage is trading at what appears to be well below it's liquidation value.36:37 - The potential risks investing in Seritage.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESCheck out Tom's YouTube Channel.Check out Tom's Podcast.Check out the Punchcard Investing YouTube Channel.Related Episode: Listen to MI131: Richer, Wiser, Happier, w/ William Green, or watch the video.NEW TO THE SHOW?Check out our Millennial Investing Starter Packs.Browse through all our episodes (complete with transcripts) here.Try Robert's favorite tool for picking stock winners and managing our portfolios: TIP Finance.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 a FREE audiobook from Audible.Learn from the world's best minds - anytime, anywhere, and at your own pace with Masterclass. Get 15% off an annual membership today.Have the visibility and control you need to make better decisions faster with NetSuite's cloud financial system. Plus, take advantage of their unprecedented financing offer today - defer payments of a full NetSuite implementation. That's no payment and no interest for six months!Protect and optimize your wealth with Money Pickle - whether you're seeking advice on retirement planning, optimizing your 401k, navigating inheritances, or any other financial matter.Your home might be worth more than you think. Earn extra money today with Airbnb.Support our free podcast by supporting our sponsors.Connect with Tom: YouTube | Twitter Connect with Clay: TwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What is the "great lesson of life" according to Warren Buffett and Charlie Munger? If you think it's related to your finances, you'd be mistaken.

Każdy przedsiębiorca ponosi koszty, gdy planuje biznesowy wzrost. Ale nie każdy wie, że cena wzrostu to coś więcej niż tabelki w Excelu i finanse. Piotr Noceń - founder Resource Partners i jeden z najbardziej doświadczonych inwestorów w Polsce - kilka tygodni temu wygłosił prelekcję na naszej konferencji, dotyczącą zagadnienia wzrostu firmy. Dziś kontynuujemy ten temat. Rozmawiamy między innymi o tym, jakie ryzyko ponosi firma, która szybko rośnie, dlaczego nie każdy powinien być Elonem Muskiem i o tym, co dla świata zrobili Luca Pacioli, Jonathan Ive czy Charlie Munger.

Mr. William Green, famed author of "Richer, Wiser, Happier" and "The Great Minds of Investing", joins Mr. Paul Gray, founder and managing partner of Ironhold Capital Management for an in-depth conversation on the lessons learned from some of the greatest investors in the world. Mr. William Green is a highly respected author renown for his close relationships and high profile interviews with legendary investors such as Charlie Munger, Sir John Templeton, Joel Greenblatt, Howard Marks, Bill Ackman, Seth Klarman, Bill Miller, Tom Russo, Marty Whitman, Bill Nygren, Donald Yacktman, Mohnish Pabrai, Jean-Marie Eveillard, Peter Lynch, Bill Ruane, and Michael Price. During the conversation, Mr. Green distills the many lessons he learned throughout his conversations with these investors. Mr. Green goes into detail describing the attributes that make these individuals great investors. He then describes the habits and virtues they practice personally to become better and more well rounded people. Mr. Green ends the conversation by describing to Mr. Gray how other people can also implement these principles in their own lives both personally and professionally. We hope you enjoy this interview and find as much value as we have. For further information about the author, please kindly see the following below. Richer Wiser Happier Book: https://www.amazon.com/Richer-Wiser-Happier-Greatest-Investors/dp/1501164856/ William Green: https://williamgreenwrites.com/

Episode 415:  “A lot of real estate isn't so good any more...We have a lot of troubled office buildings, a lot of troubled shopping centers, a lot of troubled other properties. There's a lot of agony out there.”   Charlie Munger, VC, Berkshire Hathaway Sign up for free ALERTs & Market Commentary at:  https://www.investablewealth.com/subscribe/ ------------------------------------------------------

Charlie Munger's inversion thinking concept is a mental model that involves flipping the perspective of a problem, challenge, or decision-making process. Instead of focusing on what you need to do to achieve an outcome, this technique requires you to consider what you should avoid doing to prevent the undesired outcome. In other words, you start with the end goal in mind and work backward to identify the obstacles that may hinder your progress.Learn how to implement inversion thinking in this episode!> JOIN THE PRIVATE LEADERSHIP PODCAST COMMUNITY!

In episode #2461, you'll hear about some of the differences between mediocre and standout marketers (and how you can be the latter, not the former). The great Charlie Munger once said, “Invert, always invert.” That's what we'll be doing today as we highlight some of the key characteristics of mediocre marketers so that you can improve your strategy, not by trying to achieve excellence, but by avoiding mediocrity. Tune in to learn more! TIME-STAMPED SHOW NOTES: [00:00] Today's topic: The Differences Between Mediocre and Standout Marketers. [00:31] Why this is a lesson in avoiding mediocrity, not achieving excellence. [01:12] What mediocre marketers look like in the context of AI. [01:59] Defining what it means to be an “ABC marketer.” [02:19] The reactive nature of mediocre marketers. [02:36] Why it's important to read, study your competition, and analyze your data. [03:25] Focusing on the short-term versus focusing on the long-term. [04:57] The cons of relying on platforms rather than building your own audience. [05:17] How you can benefit from embracing failure. [05:49] Why standout marketers don't believe that they know everything? [06:35] The value of being proactive and iterating constantly. [07:05] That's it for today! Don't forget to rate, review, and subscribe! Go to https://www.marketingschool.io to learn more! Links Mentioned in Today's Episode: Don't forget to help us grow by subscribing and liking on YouTube! All I Want To Know Is Where I'm Going To Die So I'll Never Go There Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review. Connect with Us:  Single Grain

I've attended the Berkshire Hathaway Annual Shareholders meeting for over a decade. Here is what I learned in 2023.

I've attended the Berkshire Hathaway Annual Shareholders meeting for over a decade. Here is what I learned in 2023.

What I learned from reading The Women of Berkshire Hathaway: Lessons from Warren Buffett's Female CEOs and Directors by Karen Linder. ----This episode is brought to you by Meter: Meter is the easiest way for your business to get fast, secure, and reliable internet and WiFi in any commercial space. Go to meter.com/founders----I have these bronze busts of Warren Buffett and Charlie Munger in my home. If you want them in your house or office go to https://www.berkshirenerds.store. A fun side project by my friends at Tiny. ----Follow one of my favorite podcasts: Invest Like the Best and listen to episode 326 Alexis Rivas—A New Blueprint for Homebuilding ----Subscribe to listen to Founders Premium — Subscribers can listen to Ask Me Anything (AMA) episodes and ask me questions directly, and all future bonus episodes. ----Join my email newsletter to get my top 10 highlights from every book----[6:55] Mr. Buffett, we're going to put our competitors through a meat grinder. — Buffett: The Making of an American Capitalist by Roger Lowenstein. (Founders #182)[9:06] There are several "Going Out of Business" advertisements from competitors' stores framed and hanging on the wall.[13:26] As a general rule, bet on the quality of the business, not on the quality of the management-unless, of course, you've got a Mrs. B. in your hand. If that is the case, go all in. She was a business genius. —  The Tao of Charlie Munger (Founders #295)[20:46] Retirement is fatal. — David Ogilvy (Founders #189)[21:17] Business like raising a child, you want a good one. A child needs a mother and a business needs a boss.[21:44] What is your favorite thing to do on a nice evening? Drive around to check the competition and plan my next attack.[22:48] He was 52 and famous. I was 33 and a junior account executive. Early on, he wrote a letter to one of my clients. After listing eight reasons why some ads prepared by the company's design department would not be effective, he delivered his ultimate argument: The only thing that can be said in favor of the layouts is that they are “different.” You could make a cow look different by removing the udder. But that cow would not produce results. So began my “David” file. Almost everyone who worked at the agency kept one.— The King of Madison Avenue: David Ogilvy and the Making of Modern Advertising by Kenneth Roman. (Founders #169)[27:21] Buffet said: If she ran a popcorn stand I'd wanna be in business with her. She's just plain smart. She's a fierce competitor and she's a tireless worker.[27:37] Buffett “on how Mrs. B ran her business:One question I always ask myself in appraising a business is how I would like, assuming I had ample capital and skilled personnel, to compete with it. I'd rather wrestle grizzlies than compete with Mrs. B.They buy brilliantly, they operate at expense ratios on to t competitors don't even dream about, and they then pass on to their customers much of the savings.It's the ideal business—one built upon exceptional value to the customer that in turn translates into exceptional economics for its owners."[30:32] She hired a chauffeur who drove her around Omaha each day. The driver took her to other stores. She looked in the windows and checked to see how many cars were in their parking lots. It didn't take long for her to plan her revenge.[31:41] There was no looking back. She just swung.[33:12] I had lunch with Sam Zell (Founders #298)[34:07] Aspiring business managers should look hard at the plain, but rare, attributes that produced Mrs. B's incredible success. Students from 40 universities visit me every year, and I have them start the day with a visit to NFM. If they absorb Mrs. B's lessons, they need none from me.----Subscribe to listen to Founders Premium — Subscribers can listen to Ask Me Anything (AMA) episodes and ask me questions directly, and all future bonus episodes. ----Join my email newsletter to get my top 10 highlights from every book----I use Readwise to organize and remember everything I read. You can try Readwise for 60 days for free here.  ----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

Become an exclusive member to get ad-free and bonus episodes at https://tmgstudios.tv It has been corrected time and time again…but what if the debt ceiling WASN'T raised? What would happen? This week the Trill boys discover the nuances of our complex debt structure, how we might circumvent a disaster, and who is responsible for holding it all up. What is UP with all these old folks in Congress? Plus, a return to Theranos and Elizabeth Holmes' “rebranding” by our pals at the New York Times. Get the only digital wallets with real cash access, activated by MoneyGram. Learn more at https://moneygram.com/stellarwallets Check out our channel page on Apple Podcasts, go to: https://apple.co/trillionaire SUBSCRIBE to Trillionaire Mindset at https://www.youtube.com/trillionairemindset Want to subscribe to our newsletter? http://bit.ly/3k4Nfar Trillionaire Highlights Channel: https://www.youtube.com/TrillionaireMindsetHighlights Trillionaire IG: https://www.instagram.com/trillionairepod Trillionaire Twitter: https://twitter.com/trillionairepod TMG Studios YouTube: https://www.youtube.com/tinymeatgang BEN https://www.instagram.com/bencahn/ https://twitter.com/Buncahn EMIL https://www.instagram.com/emilderosa/ https://twitter.com/emilderosa *DISCLOSURE: THE OPINIONS EXPRESSED IN THIS VIDEO ARE SOLELY THOSE OF THE PARTICIPANTS INVOLVED. THESE OPINIONS DO NOT REFLECT THE OPINIONS OF ANYONE ELSE. THIS IS NOT INVESTMENT ADVICE. THE VIEWER OF THE VIDEO IS RESPONSIBLE FOR CONSIDERING ANY INFORMATION CAREFULLY AND MAKING THEIR OWN DECISIONS TO BUY OR SELL OR HOLD ANY INVESTMENT. SOME OF THE CONTENT OF THIS VIDEO IS CONSIDERED TO BE SATIRE AND MAY NOT BE CONSIDERED FACTUAL AND SHOULD BE TAKEN IN SUCH LIGHT. THE COMMENTS MADE IN THIS VIDEO ARE FOR ENTERTAINMENT PURPOSES ONLY AND ARE NOT MEANT TO BE TAKEN LITERALLY.* Chapters: 0:00 This Week! 0:56 Book Worms 2:14 Personal Development 3:32 Disclaimer and Housekeeping! 5:38 Trill Awards! 7:10 Dianne Feinstein Returns 9:20 Tucker Carlson's New Show 10:57 Thanks to Money-gram! 11:45 Google I/O's AI 13:26 US Debt Ceiling Stand-off 16:12 Will We Default? 18:00 Janet Yellen & Extraordinary Measures 21:54 14th Amendment Loophole? 22:50 Ben's Debt Take 24:13 Yellen Gets The Act Together 27:28 Pressure on the GOP 28:16 RFK Jr 30:41 Election Twister 32:27 The RedHead Kennedy 35:10 Berkshire Hathaway Meeting 38:37 Acquiring and Investing Strategy 42:06 Warren Buffet on AI 43:22 Charlie Munger's OLD 43:38 Ben's Big Breakfast 44:16 What to do with Berkshire Cash? 45:16 Elizabeth Holmes New Life 47:18 Holmes Demeanor 51:18 Liz's Fake It Til You Make It 54:32 Elizabeth “Dazzled” 56:58 Mr. Evans “Jobs” 59:02 Good Bedside Manner 59:32 Emil's FAVORITE Part 1:02:55 Balto the Dog… 1:04:25 Wrapping up

Today, Drama and Anand discuss a variety of topics from the worlds of media, finance, and entertainment. They start by looking at Tucker Carlson's move to Twitter after being fired from Fox News. They then turn their attention to the latest CPI report, which shows inflation easing in April but remaining stubbornly high. The historic writers' strike and what it means for everyone, not just Hollywood, is also up for discussion. Additionally, they recap everything Warren Buffett and Charlie Munger said at Berkshire's annual meeting, examine how U.S. airlines make $7 billion a year from checked bags, and take a look at OpenAI CEO Sam Altman's recent comments about remote work. Finally, they wrap things up by discussing Bronny James, LeBron's son, committing to USC. Stay tuned for this week's Winners, Losers, Content! - written by ChatGPT Connect with Group Chat! Watch The Pod #1 Newsletter In The World For The Gram Tweet With Us Exclusive Facebook Content We're @groupchatpod on Snapchat

Warren Buffett, Charlie Munger, and CNBC are at the annual Berkshire Hathaway Shareholders Meeting in Omaha, Nebraska. At this year's Woodstock (or Coachella) for capitalists, the investing legends answer shareholder questions about Elon Musk, and their accumulated wisdom in business and in life. Howard Buffett, philanthropist, author, farmer, and likely Berkshire's next non-executive chairman after his father, discusses succession at the company, as well as his own devotion to mitigating food insecurity and conflict around the world. This special episode offers a look at the Buffett- and Munger-isms that make Berkshire, Berkshire. Plus, Becky Quick stops by the Berkshire subsidiaries on the exhibition floor at the annual meeting. In the midst of thousands of attendees and shoppers, she speaks with Dairy Queen CEO Troy Bader and See's Candies CEO Pat Egan. In this episode:Alex Crippen, @alexcrippenBecky Quick, @BeckyQuickMichael Santoli, @michaelsantoliKatie Kramer, @Kramer_Katie

When Warren Buffett speaks, investors and Wall Street tend to listen. (00:21) Jason Moser discusses: - Berkshire Hathaway's 1st-quarter results and highlights from the annual meeting - Buffett's comments about Apple and the banking industry - Charlie Munger's warning about over-diversification (9:51) In a segment that originated in the Motley Fool Live videostream, Jim Gillies shares observations from his trip to Omaha for the Berkshire Hathaway annual meeting with Nick Sciple and Deidre Woollard. The three discuss whether value investing is actually harder for Buffett and Munger than it is for average investors. Companies discussed: BRK.A, BRK.B, AAPL, TSE: HCG Host: Chris Hill Guests: Jason Moser, Nick Sciple, Jim Gillies, Deidre Woollard Producer: Ricky Mulvey Engineers: Dan Boyd

Welcome to Episode 1,125 of the Arete Coach Podcast with your host Severin Sorensen, where we delve into the art and science of executive coaching. In this special episode, we focus on the Life, Legacy, and Wisdom of Warren Buffett. Recorded on May 7th, 2023, this episode takes you on a journey to the Annual Shareholders Gathering of Berkshire Hathaway in Omaha, Nebraska. We explore Warren Buffett's wisdom through a virtual walk, highlighting our Top 40 Wisdom Shares from his shareholder letters, answers to questions, and famous quotes. Join us as we recount the experience of attending the Shareholders Gathering, provide a sample answer from Warren Buffett and Charlie Munger on the topic of Elon Musk, and much more. We take you on a virtual tour of the expo hall, showcasing the diverse offerings of the companies owned or operated by Berkshire Hathaway. Warren Buffet and Berkshire Hathaway have an astounding investment track record, earning a 19.8% compounded annual interest from 1965 to 2022, nearly double the S&P 500's 9.8% return. How does he achieve this success? What criteria does he use when selecting companies to acquire or invest in? What questions does he ask during due diligence? We explore these topics and more in this episode. This past weekend, Warren Buffet hosted the highly anticipated Berkshire Hathaway annual shareholders meeting in Omaha, Nebraska, affectionately known as the Woodstock of Capitalism. CNBC broadcasted the event with host Becky Quick, who posed questions submitted by shareholders and other interested parties. The Arete Coach Podcast seeks to explore the art and science of executive coaching. You can find out more about this podcast at aretecoach.io. Copyright © 2023 by Arete Coach™ LLC. All rights reserved.

CNBC is at the annual Berkshire Hathaway Shareholders Meeting in Omaha, Nebraska, with Warren Buffett and Charlie Munger. It's Woodstock for capitalists! Shareholders ask the two investing legends about Berkshire's stake in Apple, America's relationship with China, and of course, the Berkshire investing philosophy. Tech investor Ann Winblad, a meeting attendee with an impressive business legacy of her own, breaks down some of Buffett's hottest takes on AI and technology. Becky Quick gets an inside look at the dozens of portfolio companies selling their wares at the annual meeting, including the company's newest addition: maker of Squishmallows, Jazwares. Jazwares leaders Judd and Laura Zebersky share their strategy for building and maintaining hype over stuffed animals, and they unveil the newest editions of Squishmallows, exclusive to the 2023 Berkshire Hathaway Annual Meeting: plushies in the likeness of Buffett and Munger. Plus, a conversation with one of the tens of thousands of shareholders that makes the pilgrimage to Omaha every year: Jon Dash. He bought his first share in eighth grade and spent the next 29 years thanking Warren Buffett for his wisdom…by buying the Oracle dinner, once a year. In this episode:Alex Crippen, @alexcrippenBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie

What I learned from reading The Mind of Napoleon: A Selection of His Written and Spoken Words edited by J. Christopher Herold. ----This episode is brought to you by EightSleep: Get the best sleep of your life and unlock more energy with the Pod 3. Go to eightsleep.com/founders/----This episode is brought to you by Meter: Meter is the easiest way for your business to get fast, secure, and reliable internet and WiFi in any commercial space. Go to meter.com/founders----This episode is brought to you by Tiny: Tiny is the easiest way to sell your business. Tiny provides quick and straightforward exits for Founders. Get in touch by emailing hi@tiny.com----Follow one of my favorite podcasts Invest Like The Best and listen to episode 326 Alexis Rivas----Subscribe to listen to Founders Premium — Subscribers can ask me questions directly and listen to Ask Me Anything (AMA) episodes.----[3:45] A man who combined energy of thought and energy of action to an exceptional degree.[4:45] He knows that men have always been the same, that nothing can change their nature. It is from the past that he will draw his lessons in order to shape the present.[5:15] Destiny must be fulfilled. That is my chief doctrine.[6:05] Napoleon: A Concise Biography by David Bell (Founders #294)[9:25] To aim at world empire seemed to Napoleon a most natural thing.[10:00] To have lived without glory, without leaving a trace of one's existence, is not to have lived at all.[10:55] The greatest improvisation of the human mind is that which gives existence to the nonexistent.[11:45] The best way to understand a person is to listen to that person directly. —  Make Something Wonderful: Steve Jobs in his own words (Founders #299)[12:55] The great majority of men attend to what is necessary only when they feel a need for it—the precise time when it is too late.[16:10] The worst way to live according to Napoleon:When on rising from sleep a man does not know what to do with himself and drags his tedious existence from place to place; when, scanning his future, he sees nothing but dreadful monotony, one day resembling the next; when he asks himself, "Why do I exist?”—then, in my opinion, he is the most wretched of all.[17:45] Instead his (Steve Jobs) ego needs and personal drives led him to seek fulfillment by creating a legacy that would awe people. A dual legacy, actually: building innovative products and building a lasting company. He wanted to be in the pantheon with, indeed a notch above, people like Edwin Land, Bill Hewlett, and David Packard. — Steve Jobs: The Exclusive Biography by Walter Isaacson. (Founders #214)[19:15] He must know himself. Until then, all endeavors are in vain, all schemes collapse.[20:15] Napoleon on George Washington: Britain refused to acknowledge either him or the independence of his country; but his success obliged them to change their minds and acknowledge both. It is success which makes the great man.[21:15] Washington saw the conflict as a struggle for power in which the colonists, if victorious, destroyed British pretentions of superiority and won control over half of a continent. — Franklin & Washington: The Founding Partnershipby Edward Larson. (Founders #251)[23:15] If you do everything you will win: All great events hang by a single thread. The clever man takes advantage of everything, neglects nothing that may give him some added opportunity; the less clever man, by neglecting one thing, sometimes misses everything.[23:45] Warren Buffett: We are individually opportunity driven. — All I Want To Know Is Where I'm Going To Die So I'll Never Go There: Buffett & Munger – A Study in Simplicity and Uncommon, Common Sense by Peter Bevelin. (Founders #286)[24:15] Imagination rules the world.[25:00] Ambition is a violent and unthinking fever that ceases only when life ceases.[34:52] The corpse of an enemy always smells sweet.[35:30] Roots of Strategy: Book 1[38:45] Robert Caro profiled two men who seeds were not high (in a tournament) they were without many advantages. And to get all the way to the top you probably had to sacrifice everything to the effort. The meta lesson is if you are not willing to pay that price presume someone else will.If you want something like the presidency (or being a billionaire) you should presume there is someone out there who will devote all their time, money, relationships, sense of ethics, everything in sacrifice of that one goal. Of course that person would win that race.  — Invest Like The Best Sam Hinkie Find Your People [40:45] I do not want be roadkill on the modern-day Napoleon's path to glory.[43:15] The ancients had a great advantage over us in that their armies were not trailed by a second army of pen pushers.[44:05] A wasted life should be your greatest fear.[46:30] Make use of every possible opportunity of increasing your chances of victory.[48:55] Paul Graham on Be Hard to Kill:The way to make a startup recession-proof is to do exactly what you should do anyway: run it as cheaply as possible.For years I've been telling founders that the surest route to success is to be the cockroaches of the corporate world. The immediate cause of death in a startup is always running out of money. So the cheaper your company is to operate, the harder it is to kill. —  Paul Graham's essays (Founders #275)[51:30] Winning is the main thing. Keep the main thing, the main thing.----Subscribe to listen to Founders Premium — Subscribers can ask me questions directly and listen to Ask Me Anything (AMA) episodes.----Join my free email newsletter to get my top 10 highlights from every book ----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

It's time again for the "Woodstock of Capitalism," aka the annual Berkshire Hathaway shareholder meeting where Warren Buffett and Charlie Munger fill in their investors on the state of the company and its future prospects. The meeting always makes waves in the investing world – whether it's two of the industry's titans sharing valuable insights and taking questions from attendees, or upwards of 40,000 shareholders having access to an incredible variety of networking opportunities. On this week's episode, Danielle gives us a brief overview of what to expect in the upcoming meeting (as she and Phil watch the livestream). To see how well you know the Oracle of Omaha, take our Warren Buffett Quiz: https://bit.ly/3HzseNB Topics Discussed: Berkshire Hathaway Shareholder Meeting Learn more about your ad choices. Visit megaphone.fm/adchoices

We are starting a new series titled, " Ridiculously Dumb Stuff Trainers Do" because we are fans of Charlie Munger and what he calls inversion thinking. If we can turn a situation upside down and look at it backwards, we have a much higher likelihood of solving a problem when we know what not to do. In this first installment, we are going to discuss coaches trying to become "the best" and why that's holding them back. I want to share with you why being the "only" or most unique is superior and how to do that.   Time Stamps:   (1:32) Hybrid Health Summit (3:25) Different Over Being “The Best” (4:50) Being Yourself and Not Be Boring (5:08) 5 Reasons to Why to Not Be Boring (7:20) Our IFCA Client Vanessa (8:38) Having a Unique Offer (9:50) How to Stand Out More ---------- Whenever You're Ready, Here Are 5 Ways We Can Help You (For Free) (Community) Join the Fitness Business Secrets FB  Community to Unlock Your Free 5 Clients in 5 Days Mini-Course (Content) Grab our exact post templates that are responsible for more than 3,500 online clients in our business Automated Post Planner   (Instagram) 3-5x Your Engagement, Grow an Audience and Generate Dream Clients from Instagram IG Playbook For Health & Fitness Coaches (Training) Get Access To The  5 Most Popular Training We Created in 2022 (Get Clarity) Schedule a FREE No-Obligation 15-minute Call to Explore How To Add 10,000/Mo to Your Business–Guaranteed

Krystal and Saagar discuss First Republic bank being seized by regulators and sold to JPMorgan Chase, Charlie Munger's dire banking system warning, leaked documents showing Epstein met multiple times with the CIA Director, Noam Chomsky, and others, Wall Street bankers joking about Epstein's Child Trafficking, a Biden voter is speechless on 2024 support, Charlmagne trashes the DNC for not hosting debates between candidates, Chief Justice Roberts' Wife cashes in on SCOTUS connections, Krystal and Saagar react to the White House Correspondents Dinner, Saagar looks into how Fox News ratings have plunged after Tucker's departure, Krystal looks into how Biden is set to lose New Hampshire to RFK, Marianne, and we're joined by Seth Hettena to discuss his reporting on how the FBI suspects 9/11 Hijackers were CIA assets. (Seth's article: https://www.spytalk.co/p/exclusive-fbi-agents-accuse-cia-of) To become a Breaking Points Premium Member and watch/listen to the show uncut and 1 hour early visit: https://breakingpoints.supercast.com/ To listen to Breaking Points as a podcast, check them out on Apple and Spotify Apple: https://podcasts.apple.com/us/podcast/breaking-points-with-krystal-and-saagar/id1570045623   Spotify: https://open.spotify.com/show/4Kbsy61zJSzPxNZZ3PKbXl   Merch: https://breaking-points.myshopify.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode, Clay wraps up his review of Gautam Baid's book, The Joys of Compounding. Today's episode is part 5 and the final episode of our review of this incredible book. This episode is jam packed with investing wisdom that you won't want to miss.Gautam Baid is the Managing Partner and Fund Manager of Stellar Wealth Partners India Fund, a Delaware-based investment partnership which is available to accredited investors in the US. The fund is modeled after the Buffett Partnership fee structure and invests in listed Indian equities with a long-term, fundamental, and value-oriented approach.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro.03:02 - Why we should read more history and study fewer forecasts.12:05 - Why “Don't Fight the Fed” is a misguided investment strategy.22:15 - Why the ability to change our mind as investors is more critical now than ever before.28:37 - What base rates are and why Buffett loves companies with high base rates.32:32 - Gautam's wisdom related to opportunity costs.39:11 - How Nick Sleep, Charlie Munger, Warren Buffett have become masters of pattern recognition and better investors because of it.56:34 - Why value investors should generally avoid stop loss orders on long-term secular winners.62:48 - What the real secret is to utilizing the power of compounding.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESJoin our newly released TIP Mastermind Community.Check out The Joys of Compounding.Tune into our previous episodes covering The Joys of Compounding: Part 1, Part 2, Part 3, & Part 4 or watch the videos here, here , here and here.Check out our recent episode covering Mark Leonard's Letter's and Constellation Software. Watch the video here.Check out Clay's YouTube video calculating the intrinsic value of Constellation Software here.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!SPONSORSIf 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.Have peace of mind knowing River holds Bitcoin in multi-sig cold storage with 100% full reserves.Easily diversify beyond stocks and bonds, and build wealth through streamlined CRE investing with EquityMultiple.Make connections, gain knowledge, and uplift your governance CV by becoming a member of the AICD today.What does happen when money and big feelings mix? Tune in to find out on the new podcast, Open Money, presented by Servus Credit Union.Capitalize on the rapidly growing cybersecurity market today with Atakama.Have Commonwealth Private's Private Bankers take the time to understand your goals and tailor solutions that create less for you to do and more for you to enjoy.If you're into marketing podcasts that walk through how successful entrepreneurs, politicians, and influencers have convinced and persuaded people, then you should give Nudge, hosted by Phil Agnew, a listen!Get yourself a Blockstream Jade -- An all-in-one, bitcoin-only hardware wallet that makes protecting your bitcoin so easy. Use the coupon code Fundamentals to get 10% off.Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.Hire expert marketers, on-demand, with MarketerHire. Listeners get a $1,000 credit for first-time customers when you use code WSB.Discover the leading community for engaged investors, and the best source of investment analysis and opinion with Seeking Alpha. Listeners get a special deal: Alpha Picks for $99 + 1 month of FREE Seeking Alpha Premium!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.

Episode 448: Sam Parr (@TheSamParr) talks with David Senra (@FoundersPodcast), Founder of Founder's podcast, about his love of podcasting, how to become a killer in business, and life lessons from successful entrepreneurs. Click here to sign up for our event in Austin, TX on Saturday April 29th: mfmpod.com/atx Want to see more MFM? Subscribe to the MFM YouTube channel here. Check Out Sam's Stuff: * Hampton * Ideation Bootcamp * Copy That Check Out Shaan's Stuff: * Power Writing Course * Daily Newsletter ----- Links: *Founders podcast *James Dyson's autobiography * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. ------ Show Notes: (02:25) - What did you do before Founders? (03:55) - How big is the podcast? (10:40) - How many books do you read? (18:50) - The difference between pretty good and killers (21:00) - Can you make yourself a killer? (28:20) - Finding good industries to get into (46:20) - Lessons from meeting Sam Zell and Charlie Munger (59:20) - What is next for you? (01:17:25) - Chuck Yeager ------ Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more. ----- Additional episodes you might enjoy: • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits • #209 Gary Vaynerchuk - Why NFTS Are the Future • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto * #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett • ​​​​#218 - Why You Should Take a Think Week Like Bill Gates • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More