Podcast appearances and mentions of stig brodersen

In this episode, Clay and Kyle reflect on their weekend at the Berkshire Hathaway annual shareholders meeting in Omaha and play a few of their favorite clips from the Q&A session with Warren Buffett, Greg Abel, and Ajit Jain. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 01:16 - Our thoughts on Buffett's announced retirement of CEO at Berkshire Hathaway. 07:07 - How Warren Buffett and Greg Abel's management style might differ as CEO. 20:03 - Why Buffett seeks to surround himself with wonderful people. 35:03 - How Buffett and Abel balance patience with acting quickly and opportunitistically. 49:31 - How Buffett and Abel view Berkshire's investments in Japan. 01:06:05 - The most important factor to consider when investing in emerging markets. 01:10:44 - Berkshire's recent investment activity and Buffett's thoughts on today's market. And so much more!  Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more ⁠⁠here⁠⁠. Join the exclusive ⁠⁠TIP Mastermind Community⁠⁠ to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Watch the full shareholders meeting here. Related Episode: TIP629: Berkshire Hathaway Annual Shareholders Meeting 2024 w/ Clay Finck & Kyle Grieve. Related Episode: TIP551: Berkshire Hathaway Annual Shareholders Meeting 2023 w/ Clay Finck. Related Episode: TIP446: Berkshire Hathaway Annual Shareholders Meeting 2022 w/ Stig Brodersen & Trey Lockerbie. Follow Kyle on X and LinkedIn.  Follow Clay on X and LinkedIn.  Check out all the books mentioned and discussed in our podcast episodes ⁠⁠here⁠⁠. Enjoy ad-free episodes when you subscribe to our ⁠⁠Premium Feed⁠⁠. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, ⁠⁠The Intrinsic Value Newsletter⁠⁠. Check out our ⁠⁠We Study Billionaires Starter Packs⁠⁠. Follow our official social media accounts: ⁠⁠X (Twitter)⁠⁠ | ⁠⁠LinkedIn⁠⁠ | ⁠⁠Instagram⁠⁠ | ⁠⁠Facebook⁠⁠ | ⁠⁠TikTok⁠⁠. 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. Learn how to better start, manage, and grow your business with the ⁠⁠best business podcasts⁠⁠. SPONSORS Support our free podcast by supporting our ⁠⁠sponsors⁠⁠: ⁠SimpleMining⁠⁠ ⁠⁠Hardblock⁠⁠ ⁠⁠AnchorWatch⁠⁠ ⁠⁠DeleteMe⁠⁠ ⁠⁠CFI Education⁠⁠ ⁠⁠Vanta⁠⁠ ⁠⁠Indeed⁠⁠ ⁠⁠Shopify⁠⁠ ⁠⁠Vanta⁠⁠ ⁠⁠The Bitcoin Way⁠⁠ ⁠⁠Onramp⁠ HELP US OUT! Help us reach new listeners by leaving us a ⁠⁠rating and review⁠⁠ on ⁠⁠Spotify⁠⁠! 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! Support our show by becoming a premium member! ⁠⁠https://theinvestorspodcastnetwork.supportingcast.fm⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

開盤前30分鐘，08:30 - 09:00 讓我們一起解讀財經時事 。 參加財經皓角總經訂閱： 新友會員 https://jackalopelin.com 老友會員 https://yutinghao.finance 我的粉絲專頁 https://reurl.cc/n563rd 網站參加會員手冊 https://reurl.cc/rvvqAr 如有疑問，歡迎來信 jackieyutw@gmail.com """"" ♥️ 打賞網址 ：https://p.ecpay.com.tw/B83478D """"" (不提供退款服務) 書名：巴菲特財報學（新修版） 作者： 史迪格．博德森, 普雷斯頓．皮許 原文作者： Stig Brodersen, Preston Pysh 譯者： 徐文傑 出版社：商業周刊 出版日期：2025/05/01 https://reurl.cc/3Ky2ZX (YT抽書的朋友要公開訂閱我們財經皓角頻道唷♥️) (FB抽書的朋友要公開分享直播影片+您想要抽書留言♥️) 書名：一本書讀懂匯率 作者： 盧泳佑, 趙慶燁 譯者： 陳柏蓁 出版社：商業周刊 出版日期：2025/04/24 https://reurl.cc/nmxG4D (YT抽書的朋友要公開訂閱我們財經皓角頻道唷♥️) (FB抽書的朋友要公開分享直播影片+您想要抽書留言♥️ 《早晨財經速解讀》是游庭皓的個人知識節目，針對財經時事做最新解讀，開播於2019年7月15日，每日開盤前半小時準時直播。議題從總體經濟、產業動態到投資哲學，信息量飽滿，為你顛覆直覺，清理投資誤區，用更寬廣的角度帶你一窺投資的奧秘。 免責聲明：《游庭皓的財經皓角》頻道為學習型頻道，僅用於教育與娛樂目的，無任何證券之買賣建議。任何形式的投資皆涉及風險，投資者需進行自己的研究，持盈保泰。

On today's show, Stig Brodersen talks with legend value investor Mohnish Pabrai. Since its inception in 1999, one dollar invested in the flagship fund would have turned into $13.63 vs. $6.19 for the S&P 500. In the special interview, you can join Mohnish and Stig's metaphorical restaurant and together taste new wonderful dishes in investing and life. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 01:36 - How stock investors can truly think like the owners of the business 10:09 - Which advice would Mohnish give to himself at ages 40 and 50 20:48 - Why you should learn from your mistakes, but not too much 33:07 - Why Mohnish looks at philanthropy as part two of the ultimate game 35:41 - Why you need to work with the fewest possible variables in philanthropy 51:30 - How to look at an “execution moat”  1:00:59 - Why Stig thinks that Mohnish is over diversified  Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more ⁠⁠here⁠⁠. Join the exclusive ⁠⁠TIP Mastermind Community⁠⁠ to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Mohnish Pabrai's website. Learn more about Mohnish Pabrai's Dakshana Foundation. Our interviews with Mohnish Pabrai about The Inner Scorecard. Our interviews with Mohnish Pabrai about Masterclass Investing. Our interviews with Mohnish Pabrai about investing in stocks. Our interviews with Mohnish Pabrai about value investing and philanthropy. Check out all the books mentioned and discussed in our podcast episodes ⁠⁠here⁠⁠. Enjoy ad-free episodes when you subscribe to our ⁠⁠Premium Feed⁠⁠. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, ⁠⁠The Intrinsic Value Newsletter⁠⁠. Check out our ⁠⁠We Study Billionaires Starter Packs⁠⁠. Follow our official social media accounts: ⁠⁠X (Twitter)⁠⁠ | ⁠⁠LinkedIn⁠⁠ | ⁠⁠Instagram⁠⁠ | ⁠⁠Facebook⁠⁠ | ⁠⁠TikTok⁠⁠. 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. Learn how to better start, manage, and grow your business with the ⁠⁠best business podcasts⁠⁠. SPONSORS Support our free podcast by supporting our ⁠⁠sponsors⁠⁠: ⁠SimpleMining⁠ ⁠AnchorWatch⁠ ⁠Found⁠ ⁠DeleteMe⁠ ⁠Fundrise⁠ ⁠Vanta⁠ ⁠The Bitcoin Way⁠ ⁠Indeed⁠ ⁠Shopify⁠ HELP US OUT! Help us reach new listeners by leaving us a ⁠⁠rating and review⁠⁠ on ⁠⁠Spotify⁠⁠! 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! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

In today's episode, Stig Brodersen shares 20 pieces of advice with his 20-year-old self. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 02:02 - Why the limits of your language are the limits of your world 06:35 - Why you need to leave your comfort zone 09:05 - Why you can grow from making yourself vulnerable 21:29 - Why you can have anything but not everything 33:29 - Why you should do what you say and say what you do 53:02 - Why you should be intentional with your relationships - but not too much Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here. Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Stig's blog post on his portfolio and track record since 2014. Stig's podcast on his journey into financial independence.  Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Hardblock Found DeleteMe Fundrise CFI Education Vanta Shopify Onramp TurboTax HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! 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! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

On today's show, Stig Brodersen talks with co-host William Green, the author of “Richer, Wiser, Happier.” In their quest for meaningful relationships and being the best version of themselves, they discuss what has made them Richer, Wiser, or Happier in the past quarter. You're invited to join them on their journey. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 01:51 - What makes you go weak and go strong.  01:51 - Why emotions can be real but not true. 22:03 - How to let go of experiences you would rather forget. 01:03:37 - How to attract the right people into your life. 01:17:47 - How to forge relationships inside and outside of the value investing community. 01:34:29 - Why should your default be to help other people, but ironically also to constantly say no. 01:35:58 - What William and Stig have read the last quarter that made them Richer, Wiser, and Happier. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. William Green's book Richer, Wiser, Happier. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q4 2024. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q3 2024. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q1 2024. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q3 2023. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q2 2023. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q1 2023. William's interview with Terry Smith. William's interview with Arnold Van Den Berg. William's interview with Tsoknyi Rinpoche and Daniel Goleman. Stig and Preston's episode on The Speed of Trust. Daniel Goleman's book, Emotional Intelligence. David Hawkins' book, Power Vs. Force. David Hawkins' book, The Eye of the I. Robert M. Pirsig's Book, Zen and the Art of Motorcycle Maintenance. Tara Bennett-Goleman's book, Emotional Alchemy. Stephen Covey's book, The Speed of Trust. Pico Iyer's book, Aflame. Email Shawn at shawn@theinvestorspodcast.com to attend our free events in Omaha or visit this page. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Hardblock SimpleMining Unchained Netsuite Found Fintool The Bitcoin Way Shopify Vanta Onramp TurboTax PrizePicks Fundrise HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! 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! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

In today's episode, Stig Brodersen is talking stocks with Tobias Carlisle and Shawn O'Malley. Tobias is pitching VeriSign, a business that prints money with high certainty year after year. Stig's pick is the serial acquirer LIFCO, a wonderful company priced for perfection that he is on his watch list. Shawn's stock of choice is the compounder, Ulta Beauty.  IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 03:19 - Why Toby is bullish on VeriSign (Ticker on NASDAQ: VRSN) 07:29 - The bear case of VeriSign, including the threat of AI 26:40 - Stig's bull case is for Lifco (Ticker on the Swedish Stock Exchange: Lifco-B)  42:35 - The bear case for Lifco, including what it implies to be priced for perfection.  1:07:45 - Why Shawn has invested in Ulta Beauty (Ticker on NASDAQ: ULTA) 1:26:46 - The bear case for Ulta includes competitive pressure from Sephora and the CEO stepping down. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Stig Brodersen's Portfolio and Track record. Listen to Mastermind Discussion Q4 2024 or watch the video.  Listen to Mastermind Discussion Q3 2024 or watch the video. Listen to Mastermind Discussion Q2 2024 or watch the video. Tune in to the Mastermind Discussion Q1 2024 or watch the video. Listen to Mastermind Discussion Q4 2023 or watch the video. Tune in to the Mastermind Discussion Q3 2023 or watch the video. Listen to Mastermind Discussion Q2 2023 or watch the video. Tune in to Mastermind Discussion Q1 2023 or watch the video. Tobias Carlisle's podcast, The Acquirers Podcast Tobias Carlisle's ETF, ZIG. Tobias Carlisle's ETF, Deep. Tobias Carlisle's book, The Acquirer's Multiple – read reviews of this book. Tobias Carlisle's Acquirer's Multiple stock screener: AcquirersMultiple.com. Tweet directly to Tobias Carlisle. Tweet directly to Shawn O'Malley. Check out The Intrinsic Value Podcast on X (Twitter). Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Found Netsuite Unchained Vanta The Bitcoin Way Fintool PrizePicks TurboTax HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! 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! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

In this episode, Clay explores The Power Law by Sebastian Mallaby and uncovers the secret behind venture capital's astonishing success. The Power Law is a fundamental law of the universe that explains why just a handful of disruptive companies, like Google and Tesla, generate the lion's share of returns. To win in the world of venture capital, investors must seek out bold, unconventional founders to back the next big idea. Tune in to learn how understanding the Power Law can transform your perspective on investing and help you spot tomorrow's breakout winners. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 01:53 - The critical role of the Power Law in venture capital and why a few outliers drive most of the returns. 30:54 - How venture capitalists identify and back bold, unconventional founders like Steve Jobs and Elon Musk. 30:54 - The fascinating history behind the rise of venture capital firms like Sequoia Capital and their game-changing investments. 36:22 - Why early-stage companies delay going public and the shift in bargaining power from VCs to founders. 01:06:47 - Insights into the mistakes investors make when exiting too early or dismissing "crazy" ideas that turn into trillion-dollar companies. 01:08:16 - Lessons for public equity investors on spotting disruption and understanding the potential of emerging innovators. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Mallaby's book: The Power Law. Jim Sinegal's interview with the Motley Fool. The Science of Hitting Blog. Email Shawn at shawn@theinvestorspodcast.com to attend our free events in Omaha or visit this page. Related Episode: Listen to TIP481: Our Story w/ Stig Brodersen & Clay Finck. Related Episode: Listen to TIP686: Big Tech Stocks w/ Adam Seessel. Related Episode: Listen to TIP417: The Incredible Story of the PayPal Mafia w/ Jimmy Soni. Related Episode: Listen to TIP667: Why Most Stocks Will Lose You Money w/ Hendrik Bessembinder. Follow Clay on Twitter. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Hardblock Found Unchained Fintool The Bitcoin Way Onramp Bluehost Vanta PrizePicks Fundrise TurboTax HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! 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! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

In today's episode, Stig Brodersen podcasts about his journey into financial freedom.  IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 01:45 - Why people overestimate what they can do in a year and underestimate what they can do in a year 05:14 - The tipping point for Stig 08:28 - Why most people don't want to be financially independent.  11:58 - Why money can – sort of – buy you happiness 15:55 - How much money one needs to retire 17:00 - How to define financial independence 18:22 - Why you (maybe) need equity to achieve financial independence 21:56 - How to value private businesses  26:42 - What do you do when you reach your number? What is your why?  30:47 - Why you should have negotiables and non-negotiables  33:01 - How to avoid lifestyle creeps 37:34 - Why financial independence is a lonely journey 41:49 - Why the journey is the best part Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Stig's blog post on his portfolio and track record since 2014. Stig and Clay's podcast episode on Stig's return since 2014 | Youtube Video. Check out the criteria of companies in the UK that Stig is interested in buying.  Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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: Bluehost Fintool PrizePicks Vanta Onramp SimpleMining Fundrise TurboTax HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! 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! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

In today's episode, Shawn O'Malley (@Shawn_OMalley_) goes through the best-selling book Zero to One by the prolific investor Peter Thiel, who's best known for co-founding PayPal and Palantir and for being the first outside investor in Facebook. Thiel is a highly contrarian thinker, and the book organizes his notes from his time at Stanford lecturing to the next generation of Silicon Valley's entrepreneurs. You'll learn Peter Thiel's favorite question to ask in interviews, the difference between horizontal and vertical progress, how the Tech Bubble changed Silicon Valley, why Peter Thiel actually likes monopolies, what investors get wrong about competition, how the Pareto Principle applies to the venture capital industry, plus so much more!  Prefer to watch? Click here to watch this episode on YouTube. IN THIS EPISODE, YOU'LL LEARN 00:00 - Intro 06:06 - What Peter Thiel's favorite interview question is 09:42 - What the difference is between horizontal and vertical progress 11:41 - Why Thiel thinks that technological progress has stagnated since the 1970s 17:43 - How Thiel took advantage of the Dot-Com Bubble to scale PayPal 19:57 - How the Dot-Com Bubble changed the culture of Silicon Valley and the goals of its founders 23:22 - Why Peter Thiel encourages funders to build a monopoly in specific niches 26:34 - How competition destroys profits 34:50 - Which types of monopolies are good for society  41:10 - What the Pareto Principle means for the venture capital industry And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Peter Thiel's book, Zero to One. Check out the Podcast review of Peter Thiel's Zero to One on We Study Billionaires | YouTube Video. Check out the Executive summary of Zero to One by Preston Pysh and Stig Brodersen. Clayton Christensen's book, The Innovator's Dilemma. Nassim Taleb's book, The Black Swan. Check out the books mentioned in the podcast here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle'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. SPONSORS Support our free podcast by supporting our sponsors: Toyota Public Bluehost Airbnb Fundrise NetSuite Connect with Shawn: Twitter | LinkedIn | Email HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! 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!  Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

On today's episode, Clay Finck invites Stig Brodersen to discuss current market conditions and one of Stig's favorite books — Poor Charlie's Almanack. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 01:23 - How Stig and Clay think about today's market. 08:02 - Why we expect the stock market to continue to hit new all-time highs. 08:02 - How Stig is protecting himself against potential inflation going forward. 39:49 - Why Stig re-reads Poor Charlie's Almanack each year. 49:55 - The psychological biases we need to be mindful of. 01:02:14 - How the endowment effect can be detrimental to our portfolio's returns. 01:11:45 - How we can apply Munger's principle of inversion to our lives and our portfolios. 01:27:00 - How you can attend the live events TIP is hosting in Omaha during the Berkshire weekend. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Book discussed: Poor Charlie's Almanack. Join our highly vetted community of value investors here. Check out Stig's portfolio here. Email Shawn at shawn@theinvestorspodcast.com to attend our free events in Omaha or visit this page. Follow Clay on Twitter. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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 7-Eleven Connect Invest Bluehost The Bitcoin Way ReMarkable SimpleMining American Express Public Fundrise Toyota Onramp Vanta Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! 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! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

In today's episode, Stig Brodersen speaks to Tobias Carlisle and Hari Ramachandra. Stig only owns five individual stocks, and in this episode, he outlines why Evolution is one of them. Hari's pick, Occidental Petroleum, a stock Buffett has recently added to, and Tobias pitches Alpha Metallurgical Resources, a value stock that Mohnish Pabrai has loaded up on.  IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 01:34 - What to make of Berkshire's $300B+ cash pile 33:16 - Stig's bull case is for Evolution (Ticker on the Swedish Stock Exchange: EVO)  41:03 - The bear case for Evolution, including why their margins will likely decline 44:02 - Why Hari is bullish on Occidental Petroleum (Ticker on NYSE: OXY) 47:44 - The bear case of Occidental Petroleum, including macro headwinds   56:46 - Why Toby has invested in Alpha Metallurgical Resources (Ticker on NYSE: AMR) 1:06:28 - The bear case for Alpha Metallurgical Resources, including the role of China Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Listen to Mastermind Discussion Q3 2024 or watch the video. Listen to Mastermind Discussion Q2 2024 or watch the video. Tune in to the Mastermind Discussion Q1 2024 or watch the video. Listen to Mastermind Discussion Q4 2023 or watch the video. Tune in to the Mastermind Discussion Q3 2023 or watch the video. Listen to Mastermind Discussion Q2 2023 or watch the video. Tune in to Mastermind Discussion Q1 2023 or watch the video. Stig Brodersen's Portfolio and Track record.  Occidental Petroleum's 2023 annual report.   Tobias Carlisle's podcast, The Acquirers Podcast Tobias Carlisle's ETF, ZIG. Tobias Carlisle's ETF, Deep. Tobias Carlisle's book, The Acquirer's Multiple – read reviews of this book. Tobias Carlisle's Acquirer's Multiple stock screener: AcquirersMultiple.com. Tweet directly to Tobias Carlisle. Hari's Blog: BitsBusiness.com. Tweet directly to Hari. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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 Connect Invest TastyTrade Miro American Express The Bitcoin Way Public Fidelity Fundrise Onramp SimpleMining ReMarkable Vanta Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! 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! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

On today's show, Stig Brodersen talks with co-host William Green, the author of “Richer, Wiser, Happier.” With a strong focus on building meaningful relationships and traveling with friends along the path, they discuss what has made them Richer, Wiser, or Happier in the past quarter IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 02:12 - Why the opposite of a virtue is also a virtue 23:06 - Why the Nomad Partnership principles resonate so deeply with the value investing community 29:22 - Why it simplifies your life when you put quality front and center 38:57 - Where to find the intersection between authenticity and honesty 52:07 - Why does the value investing community have some similarities to a cult, and whether it is a problem 1:15:20 - Why you need to hold two contradictory thoughts in your head and still stay sane 1:26:34 - How to travel with friends along the path in business and life 1:35:13 - How to think about partnerships and relationships with the titans in the investing industry  Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. If you want to learn more about the Richer, Wiser, Happier Masterclass, please email kyle@theinvestorspodcast.com. William Green's book Richer, Wiser, Happier – read reviews of this book. William Green's book, The Great Minds of Investing – read reviews of this book. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q3 2024 | YouTube Video. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q1 2024 | YouTube Video. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q3 2023 | YouTube Video. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q2 2023 | YouTube Video. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q1 2023 | YouTube Video. Stig Brodersen and William Green's episode on Money and Happiness | YouTube Video. William Green's interview with Jason Zweig about The Intelligent Investor | YouTube Video. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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 7-Eleven Toyota Connect Invest Bluehost TastyTrade The Bitcoin Way Public Fundrise American Express Onramp Miro Facet SimpleMining ReMarkable Vanta Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! 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! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

In today's episode, Stig Brodersen outlines 10 things he has learned about investing since he started The Investor's Podcast in 2014. In the second segment of the show, Clay Finck joins to discuss his top takeaways from his investing career.  IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 02:12 - Why you should be careful who you listen to about stock investing.  07:45 - Why you should not screen for stocks. 08:29 - Why Stig's circle of competence is getting smaller. 11:31 - Why Stig do not read as many investing books as he used to. 16:05 - Why you should set up guardrails for yourself. 19:36 - Why you shouldn't look at your track record more than once per year. 20:17 - Why you shouldn't only have public equities in your portfolio. 31:23 - Why you should run your track record 1,000 times. 32:53 - How one could think about position sizing. 35:59 - What are the implicit assumptions? 45:43 - What Clay learned about investing. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Stig's blog post on his portfolio and track record since 2014. Stig and Clay's podcast episode on Stig's return since 2014. Criteria of companies in the UK that Stig is interested in buying. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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 Daloopa Fundrise TastyTrade The Bitcoin Way Public Facet Onramp Fidelity SimpleMining Sound Advisory Vanta Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! 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! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

In today's episode, Stig Brodersen speaks to Tobias Carlisle and Hari Ramachandra. Stig only owns five individual stocks, and in this episode, he outlines why Betsson is one of them. Hari's pick, Nintendo, is at an attractive spot in the console cycle, and Tobias pitches Virtu, a value stock trading at an appealing valuation.  IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 02:04 - Why Toby has invested in Virtu Financial (Ticker on NASDAQ: VIRT). 13:23 - The bear case for Virtu, including a discussion of whether their service is superior. 24:44 - Why Hari is bullish on Nintendo (Ticker on the Japanese Stock Exchange: 7974). 26:19 - The bear case of Nintendo, including their valuation.  43:14 - Stig's bull case is for Betsson (Ticker on the Swedish Stock Exchange: BETS).  55:56 - The bear case for Betsson, including their exposure to Turkey. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Listen to Mastermind Discussion Q2 2024 – TIP632 or watch the video. Tune in to the Mastermind Discussion Q1 2024 or watch the video. Listen to Mastermind Discussion Q4 2023 – TIP586 or watch the video. Tune in to the Mastermind Discussion Q3 2023 – TIP576 or watch the video. Listen to Mastermind Discussion Q2 2023 – TIP557 or watch the video. Tune in to Mastermind Discussion Q1 2023 – TIP528 or watch the video. Stig Brodersen's portfolio and return.  Tobias Carlisle's podcast, The Acquirers Podcast Tobias Carlisle's ETF, ZIG. Tobias Carlisle's ETF, Deep. Tobias Carlisle's book, The Acquirer's Multiple – read reviews of this book. Tobias Carlisle's Acquirer's Multiple stock screener: AcquirersMultiple.com. Tweet directly to Tobias Carlisle. Hari's Blog: BitsBusiness.com Tweet directly to Hari. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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 Range Rover Daloopa The Bitcoin Way American Express Found Vacasa Onramp Facet SimpleMining Public Fundrise USPS AT&T Shopify 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! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

In this episode, Stig Brodersen talks with Guy Spier about how he has achieved his impressive track record and whether you can adjust a track record for luck. Since 1997, Guy Spier's fund has performed 9.3% vs. 8.7% annually for the S&P500.  IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 02:05 - What we can learn from royal families about moats in business.  26:43 - How Guy Spier's track record would look if we adjusted to luck. 40:20 - If Guy would ever stop managing money. 49:49 - How to think about risk in your portfolio. 52:31 - Why it's risky not to take risks. 56:40 - Why Guy wants to be truthful and honest and not present himself in the best possible light. 1:14:31 - How to think about position sizing. 1:21:53 - What is VALUEx? 1:37:23 - How Guy feels about being famous in the value investing community. 1:55:46 - How to live a life with givers, matchers, and takers. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Stig's interview with Guy Spier about investing and life | YouTube Video. Stig and Preston's interview with Guy Spier on his book, The Education of a Value Investor | YouTube Video. Stig and Preston's interview with Guy Spier about his lunch with Warren Buffett | YouTube Video. Guy Spier's book, The Education of a Value Investor – read reviews of the book. Subscribe to Guy Spier's Free Newsletter. Guy Spier's podcast and website. Adam Grant's book, Giver and Take – read reviews of this book. Learn more about ValueX in Dubai November 7-9.  Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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 Range Rover Fundrise AT&T The Bitcoin Way USPS American Express Onramp SimpleMining Public Vacasa Shopify 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! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

On today's show, Stig Brodersen talks with co-host William Green, the author of “Richer, Wiser, Happier.” With a strong focus on building meaningful relationships and serving others, they discuss what has made them Richer, Wiser, or Happier in the past quarter. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 01:24 - How to deal with your ego 05:52 - Stig and William's journey to serve others 27:58 - Why Stig has invested with Mohnish Pabrai 34:13 - Why one should not judge others for flawed values  40:41 - What is the Richer, Wiser, Happier Masterclass  53:25 - How to build and maintain meaningful relationships Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. If you want to learn more about the Richer, Wiser, Happier Masterclass, please email kyle@theinvestorspodcast.com. William Green's book Richer, Wiser, Happier – read reviews of this book. William Green's book, The Great Minds of Investing – read reviews of this book. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q1 2024 | YouTube Video. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q3 2023 | YouTube Video. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q2 2023 | YouTube Video. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q1 2023 | YouTube Video. Stig Brodersen and William Green's episode on Money and Happiness | YouTube Video. William Green's interview with Pico Iyer about being Beyond Rich | YouTube Video. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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 Range Rover Sun Life SimpleMining The Bitcoin Way Onramp Briggs & Riley Public Shopify Meyka Fundrise AT&T iFlex Stretch Studios 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! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

In this episode, Stig Brodersen talks with investment expert Lyn Alden about why gold has recently hit an all-time high. They discuss the optimal market conditions for gold investments and gold in portfolio management.  IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 01:20 - Why the gold price is at an all-time high 02:41 - Who are the buyers of gold, and what is the role of central banks 15:27 - Why emerging economies have more gold on their balance sheet than developed economies 18:53 - Whether it makes sense for Argentina to print money to buy gold and then dollarize their economy 21:23 - Who would benefit from having a gold standard 28:06 - The allocation to gold in your portfolio and why does gold do well in market conditions when stocks and bonds do not 32:08 - What is paper gold, and how is it different than physical gold?  45:10 - What is the cost of gold, and what is the discount you will get from buying higher quantities Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Lyn Alden's book, Broken Money – Read reviews here. Our interview with Lyn Alden about Currencies and Debt | YouTube Video. Our interview with Lyn Alden about her book, Broken Money | YouTube Video. Our interview with Lyn Alden about How the Fed Went Broke | YouTube Video. Our interview with Lyn Alden about Macro and the Energy Market | YouTube Video. Our interview with Lyn Alden about Money | YouTube Video. Our interview with Lyn Alden about Gold and Commodities | YouTube Video. Lyn Alden's free website. The website of the World Gold Council. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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 CI Financial Sun Life AFR The Bitcoin Way Industrious Briggs & Riley Range Rover Meyka iFlex Stretch Studios Vacasa Public Simon & Schuster USPS American Express Shopify 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! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

In today's episode, Stig Brodersen speaks to Tobias Carlisle and Hari Ramachandra. Stig only owns five individual stocks, and in this episode, he outlines why he has put Burberry on this watchlist. Hari's pick, ICICI Bank Limited, is a solid bet on the rise of India, and Tobias pitches Playtika, a value stock trading at an appealing valuation.  IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 01:57 - What are the current economic conditions?  13:37 - Are we entering a world with less disruption? 17:30 - What Stig's bull case is for Burberry (Ticker: BURBY). 35:18 - The bear case for Burberry, including the current deterioration in the luxury sector. 42:35 - Why Toby has invested in Playtika (Ticker: PLTK). 52:23 - The bear case for Playtika, including the lack of moat and switching costs. 56:01 - Why Hari is bullish on ICICI Bank Limited (Ticker: ICICIBANK). 1:12:47 - The bear case of ICICI Bank Limited, including whether the valuation is stretched.  Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Tune in to the Mastermind Discussion Q1 2024 – TIP610 | YouTube video. Listen to Mastermind Discussion Q4 2023 – TIP586 | YouTube video. Tune in to the Mastermind Discussion Q3 2023 – TIP576 | YouTube video. Listen to Mastermind Discussion Q2 2023 – TIP557 | YouTube video. Tune in to Mastermind Discussion Q1 2023 – TIP528 | YouTube video. Tune in to Mastermind Discussion Q4 2022 – TIP496 | YouTube video. Listen to Mastermind Discussion Q3 2022 – TIP475  | YouTube video. Tune in to Mastermind Discussion Q2 2022 – TIP450 | YouTube video.   Listen to Mastermind Discussion Q1 2022 – TIP418 | YouTube video. Stig Brodersen's portfolio and return.  Understanding IFRS16 on operating leases. Tobias Carlisle's podcast, The Acquirers Podcast. Tobias Carlisle's ETF, ZIG. Tobias Carlisle's ETF, Deep. Tobias Carlisle's book, The Acquirer's Multiple – read reviews of this book. Tobias Carlisle's Acquirer's Multiple stock screener: AcquirersMultiple.com. Tweet directly to Tobias Carlisle. Hari's Blog: BitsBusiness.com. Tweet directly to Hari. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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 The Bitcoin Way Vacasa Industrious Meyka AT&T Range Rover Fundrise CI Financial Yahoo! Finance Briggs & Riley iFlex Stretch Studios Public American Express USPS Shopify 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! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

On today's show, Stig Brodersen talks with legend value investor Mohnish Pabrai. Since its inception in 1999, one dollar invested in the flagship fund would have turned into $12.51 vs. $4.72 for the S&P500. In the interview, Mohnish Pabrai discusses his approach to a congruent life.  Disclaimer: Stig Brodersen is invested in Pabrai Funds.  IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 10:14 - Which decisions Mohnish Pabrai made to improve his happiness. 15:06 - How to use the Buffett system to grade people. 26:02 - Why Mohnish likes to play bridge more than poker. 31:06 - Which principles Mohnish lives by. 38:58 - How Buffett and Mohnish (do not) take notes. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Mohnish Pabrai's website. Learn more about Mohnish Pabrai's Dakshana Foundation. Our interviews with Mohnish Pabrai about Masterclass Investing | YouTube Video. Our interviews with Mohnish Pabrai about investing in stocks | YouTube Video. Our interviews with Mohnish Pabrai about value investing and philanthropy | YouTube Video. Our interviews with Mohnish Pabrai about value investing | YouTube Video. Our interviews with Mohnish Pabrai about value investing in 2021 | YouTube Video. Our interview with William Green about Mohnish Pabrai and much more | YouTube Video. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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 CI Financial AT&T Yahoo! Finance Long Angle iFlex Stretch Studios Public American Express USPS NerdWallet 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! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

On today's episode, Clay and Stig discuss the performance of Stig's portfolio over the past 10 years and what he has learned from managing his portfolio over that time. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 02:02 - How Stig's portfolio has performed over the past 10 years. 06:29 - Why Stig invested with Mohnish Pabrai. 28:32 - How private investments fit into Stig's portfolio. 33:53 - Stig's biggest investment mistakes. 40:17 - Why investing in Alibaba was a mistake. 46:21 - Stig's biggest winners. 58:32 - How his approach has changed over the years. 1:08:46 - Whether TIP will ever launch a fund. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Stig's blog post on his portfolio and track record since 2014. Learn more about The Berkshire Summit. Track your portfolio with Sharesight. William's book: Richer, Wiser, Happier. Episode Mentioned: TIP442: Investing in Stocks w/ Mohnish Pabrai | YouTube Video. Episode Mentioned: TIP606: Multi-Bagger First Principles w/ Ian Cassel | YouTube Video. Follow Clay on Twitter. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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 NetSuite CI Financial Fidelity Wise TurboTax Fundrise NDTCO Linkedin Marketing Solutions Vacasa Babbel Shopify 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! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Robert Leonard talks with Stig Brodersen. Stig is Co-Founder and Co-Host of We Study Billionaires by The Investor's Podcast Network, a best-selling author, and a former college professor. He has successfully grown We Study Billionaires to the #1 stock investing podcast in the world, while building a platform that is also a leading authority in stock investing. IN THIS EPISODE, YOU'LL LEARN 00:00 - Intro 01:46 - How to pick a brokerage company to invest with. 06:23 - What stocks, ETFs, mutual funds, bonds, commodities, and options are. 10:17 - How to keep your emotions in check and set realistic expectations. 27:36 - How to actually buy and sell stocks and funds. 35:29 - Different investment strategies that can be implemented.  49:38 - How and why compounding is so important for millennial investors. *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Money Under 30 Compounding Example. Recommended Book: I Will Teach You To Be Rich by Ramit Sethi. Recommended Book: The Little Book of Common Sense Investing by John Bogle. Recommended Book: The Education of a Value Investor by Guy Spier. Recommended Book: The Dhandho Investor: The Low-Risk Value Method to High Returns by Mohnish Pabrai. Check out the books mentioned in the podcast here. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle'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. SPONSORS Support our free podcast by supporting our sponsors: Toyota DeleteMe Fundrise Linkedin Marketing Solutions NerdWallet TurboTax NetSuite Learn more about your ad choices. Visit megaphone.fm/adchoices

In today's episode, Stig Brodersen speaks to Tobias Carlisle and Hari Ramachandra. Stig only owns five individual stocks, and in this episode, he outlines why he is still bullish on Spotify. Hari's pick, Disney, has recently been extremely volatile, and Tobias pitches Mueller Industries, a value stock trading at an appealing valuation. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 06:25 - Why Hari is bullish on Disney (Ticker: DIS) 12:09 - The bear case of Disney, including increasing competition, valuation, and debt levels 35:33 - Why Stig has invested in Spotify (Ticker: SPOT) as one of the five stocks he owns 48:44 - The bear case for Spotify, including the dependency on Alphabet 58:18 - Why Toby has invested in Mueller Industries (Ticker: MLI) 1:06:46 - The bear case for Mueller Industries, including the end of the building phase and competitive Chinese pressures Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Listen to the Mastermind Discussion Q4 2023 – TIP586 | Youtube video. Tune in to the Mastermind Discussion Q3 2023 – TIP576 | Youtube video. Listen to the Mastermind Discussion Q2 2023 – TIP557 | Youtube video. Tune in to the Mastermind Discussion Q1 2023 – TIP528 | Youtube video. Listen to the Mastermind Discussion Q1 2022 – TIP418 | Youtube video. Tune in to the Mastermind Discussion Q2 2022 – TIP450 | Youtube video.   Listen to the Mastermind Discussion Q3 2022 – TIP475 | Youtube video. Tune in to the Mastermind Discussion Q4 2022 – TIP496 | Youtube video. Tobias Carlisle's podcast, The Acquirer's Podcast. Tobias Carlisle's ETF, ZIG. Tobias Carlisle's ETF, Deep. Tobias Carlisle's book, The Acquirer's Multiple – read reviews of this book. Tobias Carlisle's Acquirer's Multiple stock screener: AcquirersMultiple.com. Tweet directly to Tobias Carlisle. Hari's Blog: BitsBusiness.com. Tweet directly to Hari Ramachandra. Check out all the books mentioned and discussed in our podcast episodes here. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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 NetSuite TurboTax Fidelity Linkedin Marketing Solutions Wise Fundrise NDTCO Vacasa NerdWallet BiOptimizers - Nootopia Babbel Efani Shopify 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! Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's show, Stig Brodersen talks with co-host William Green, the author of “Richer, Wiser, Happier.” With a strong focus on kindness, they discuss what has made them Richer, Wiser, or Happier in the past quarter. IN THIS EPISODE, YOU'LL LEARN: 00:00 - Intro 01:26 - What we can learn from the greatest investors about being authentic  16:40 - How to stay true to yourself 25:55 - How we change throughout the stages of our lives 43:44 - If principles are truly timeless 1:00:52 - What William learned recently about Charlie Munger's kindness 1:11:54 - Why we want to take a simple idea and take it very seriously  1:23:59 - The challenges of the three phases in life Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. William Green's book Richer, Wiser, Happier – read reviews of this book. William Green's book, The Great Minds of Investing – read reviews of this book. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q3 2023 | YouTube Video. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q2 2023 | YouTube Video. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q1 2023 | YouTube Video. Stig Brodersen and William Green's episode on Money and Happiness | YouTube Video. William Green's interview with Daniel Goleman & Tsoknyi Rinpoche | YouTube Video. William Green's interview with Michael Berg about Abundance | YouTube Video. William Green's interview with Pico Iyer about being Beyond Rich | YouTube Video. William Green's interview with Rick Rieder about managing 2.6 Trillion dollars | YouTube Video. William Green's interview with Berkshire Hathaway Director Chris Davis | YouTube Video. Check out all the books mentioned and discussed in our podcast episodes here. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. 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 NetSuite Linkedin Marketing Solutions Wise Babbel Shopify Fundrise NDTCO TurboTax Fidelity Monetary Metals Vacasa BiOptimizers – Nootopia 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! Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's show, Stig Brodersen talks with co-host Clay Finck. They outline how and why you should invest in high-quality businesses. IN THIS EPISODE, YOU'LL LEARN: 00:00 - Intro 01:43 - How to identify the best businesses 06:00 - Why you need to focus on barriers of entry when assessing a stock 06:44 - Why competition is for losers 18:28 - When management is important and not important in high-quality investing 23:07 - How you want the management to be compensated 24:41 - Why insider ownership is not only important but even more so how it was acquired.   57:13 - Why you should invest in stocks with two engines  1:03:01 - What is the Berkshire Summit, and how do you attend?  Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Our episode with Christian Billinger about quality investing | YouTube Video. Our episode on The Outsiders about the best CEOs | YouTube Video. Our episode about Dino Polska. A compounder with high insider ownership | YouTube Video. Chris Mayer's book, 100-baggers - read reviews of this book. Lawrence Cunningham's book, Quality Investing - read reviews of this book. Robert Pirsig's book, Zen and the Art of Motorcycle Maintenance - read reviews of this book. Check out all the books mentioned and discussed in our podcast episodes 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. SPONSORS Support our free podcast by supporting our sponsors: River Efani Salesforce Toyota Vanta Babbel Shopify Notion AI NetSuite Noble Gold Investments Ka'Chava 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! Learn more about your ad choices. Visit megaphone.fm/adchoices

CryptoThe Investor's Podcast (TIP) Key Takeaways  The goal of investing is not to find people who agree with you, it is to generate good returns Monetary dilution is only possible because it is not apparent to the citizens who hold the currencyBitcoin and stablecoins go around gateways imposed by governments; they offer access to alternative currencies that are outside the control of a government that is diluting its currencyIn a world where gold could have been teleported from citizen to citizen, it would have been difficult for governments to impose fiat currencies on their citizens The current monetary system makes financial engineering more profitable than real engineering A multi-decade period of stability, with debt levels slowly rising, ironically leads to a period of instability due to the amount of leverage that has built up over time When debt gets pushed to the sovereign level, that sovereign's currency typically serves as the relief valve, i.e. the currency gets debasedBonds will keep losing value relative to other assets because the interest rate they offer is not keeping up with the rate at which the money supply is expanding Because central banks can print an infinite amount of money, technically, there is no amount of deflation that they cannot overcome; however, the key question is what are the consequences of overcoming itAs a result of central banks printing money to override deflationary forces, rising prices are likely to manifest in areas that are not driven by tech deflation, such as blue-collar services Lyn expects to see continued de-dollarization of payment channels and more reserve diversification at the sovereign level When a country's monetary ledger becomes destabilized, it tends to become forcibly dollarizedIt will be increasingly hard for the long tail of weaker currencies to persist because now, people have access to a global basket of other currencies and assets Read the full notes @ podcastnotes.orgIn this episode, Stig Brodersen talks with investment expert Lyn Alden about currencies, debt, inflation, and how to invest in an uncertain world. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro Why the bull theses are always more thoughtful and plentiful, and how to account for that The relationships between debt, inflation, and wars. How to best take advantage of debt in your portfolio How capital controls work How a debt restructuring works in practice Can technology be so deflationary that the FED can print us to inflation?  The future role of the Euro on the global scene  Whether China is in a balance sheet recession  The pros and cons of Argentina dollarizing its economy Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Lyn Alden's book, Broken Money – Read reviews here  Our interview with Lyn Alden about her book, Broken Money Our interview with Lyn Alden about How the Fed Went Broke Our interview with Lyn Alden about Macro and the Energy Market Our interview with Lyn Alden about Money Our interview with Lyn Alden about Gold and Commodities  Lyn Alden's free website 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 AlphaSense Noble Gold Investments Wise American Express Business Gold Card Shopify Ka'Chava Babbel Alto Vanta Salesforce Percent NetSuite Toyota Glengoyne Whisky Monetary Metals 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!

CryptoThe Investor's Podcast (TIP) Key Takeaways  The goal of investing is not to find people who agree with you, it is to generate good returns Monetary dilution is only possible because it is not apparent to the citizens who hold the currencyBitcoin and stablecoins go around gateways imposed by governments; they offer access to alternative currencies that are outside the control of a government that is diluting its currencyIn a world where gold could have been teleported from citizen to citizen, it would have been difficult for governments to impose fiat currencies on their citizens The current monetary system makes financial engineering more profitable than real engineering A multi-decade period of stability, with debt levels slowly rising, ironically leads to a period of instability due to the amount of leverage that has built up over time When debt gets pushed to the sovereign level, that sovereign's currency typically serves as the relief valve, i.e. the currency gets debasedBonds will keep losing value relative to other assets because the interest rate they offer is not keeping up with the rate at which the money supply is expanding Because central banks can print an infinite amount of money, technically, there is no amount of deflation that they cannot overcome; however, the key question is what are the consequences of overcoming itAs a result of central banks printing money to override deflationary forces, rising prices are likely to manifest in areas that are not driven by tech deflation, such as blue-collar services Lyn expects to see continued de-dollarization of payment channels and more reserve diversification at the sovereign level When a country's monetary ledger becomes destabilized, it tends to become forcibly dollarizedIt will be increasingly hard for the long tail of weaker currencies to persist because now, people have access to a global basket of other currencies and assets Read the full notes @ podcastnotes.orgIn this episode, Stig Brodersen talks with investment expert Lyn Alden about currencies, debt, inflation, and how to invest in an uncertain world. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro Why the bull theses are always more thoughtful and plentiful, and how to account for that The relationships between debt, inflation, and wars. How to best take advantage of debt in your portfolio How capital controls work How a debt restructuring works in practice Can technology be so deflationary that the FED can print us to inflation?  The future role of the Euro on the global scene  Whether China is in a balance sheet recession  The pros and cons of Argentina dollarizing its economy Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Lyn Alden's book, Broken Money – Read reviews here  Our interview with Lyn Alden about her book, Broken Money Our interview with Lyn Alden about How the Fed Went Broke Our interview with Lyn Alden about Macro and the Energy Market Our interview with Lyn Alden about Money Our interview with Lyn Alden about Gold and Commodities  Lyn Alden's free website 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 AlphaSense Noble Gold Investments Wise American Express Business Gold Card Shopify Ka'Chava Babbel Alto Vanta Salesforce Percent NetSuite Toyota Glengoyne Whisky Monetary Metals 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!

In this episode, Stig Brodersen talks with investment expert Lyn Alden about currencies, debt, inflation, and how to invest in an uncertain world. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro Why the bull theses are always more thoughtful and plentiful, and how to account for that The relationships between debt, inflation, and wars. How to best take advantage of debt in your portfolio How capital controls work How a debt restructuring works in practice Can technology be so deflationary that the FED can print us to inflation?  The future role of the Euro on the global scene  Whether China is in a balance sheet recession  The pros and cons of Argentina dollarizing its economy Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Lyn Alden's book, Broken Money – Read reviews here  Our interview with Lyn Alden about her book, Broken Money Our interview with Lyn Alden about How the Fed Went Broke Our interview with Lyn Alden about Macro and the Energy Market Our interview with Lyn Alden about Money Our interview with Lyn Alden about Gold and Commodities  Lyn Alden's free website 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 AlphaSense Noble Gold Investments Wise American Express Business Gold Card Shopify Ka'Chava Babbel Alto Vanta Salesforce Percent NetSuite Toyota Glengoyne Whisky Monetary Metals 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!

Robert Leonard chats with Adam Mead about his book, “The Complete Financial History of Berkshire Hathaway: A Chronological Analysis of Warren Buffett and Charlie Munger's Conglomerate Masterpiece.” Aside from being a Buffett enthusiast and lifelong learner of business, Adam is the CEO and Chief Investment Officer of Mead Capital Management, LLC. IN THIS EPISODE, YOU'LL LEARN: • 00:00 - Intro • 02:54 - Who is Warren Buffett and Charlie Munger? • 02:54 - How did they influence each other's investing approach? • 06:36 - Who is Benjamin Graham and what was his impact on Buffett? • 08:46 - What is value investing and why is it relevant in today's market? • 25:12 - The evolution of Berkshire Hathaway (BRK) and common misconceptions about it. • 37:20 - Why Buffett hasn't deployed BRK's large cash pile amid the COVID crisis? • 43:51 - Why investors shouldn't just copy Buffett's stock picks. • 45:20 - What has been the leading cause for Buffett's underperformance over the last decade? • 52:42 - The timeless principles of the Oracle of Omaha that have led to his success and are worth following. • 57:08 - The future of BRK and if it will survive without Buffett and/or Munger. And much, much more! BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Adam Mead's book The Complete Financial History of Berkshire Hathaway. Mead Capital Management website. The Oracle's Classroom YouTube channel. Stig Brodersen and Preston Pysh's book Warren Buffett Accounting Book. Peter Kaufman's book Poor Charlie's Almanack. Benjamin Graham's book The Intelligent Investor. All of Robert's favorite books. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle'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. SPONSORS Support our free podcast by supporting our sponsors: Airbnb NetSuite Babbel Masterclass Shopify Principal Financial Connect with Adam Mead: Website | Twitter | LinkedIn | Facebook  Connect with Robert: Website 

Robert Leonard chats with Adam Mead about his book, “The Complete Financial History of Berkshire Hathaway: A Chronological Analysis of Warren Buffett and Charlie Munger's Conglomerate Masterpiece.”Aside from being a Buffett enthusiast and lifelong learner of business, Adam is the CEO and Chief Investment Officer of Mead Capital Management, LLC.IN THIS EPISODE, YOU'LL LEARN:• 00:00 - Intro• 02:54 - Who is Warren Buffett and Charlie Munger?• 02:54 - How did they influence each other's investing approach?• 06:36 - Who is Benjamin Graham and what was his impact on Buffett?• 08:46 - What is value investing and why is it relevant in today's market?• 25:12 - The evolution of Berkshire Hathaway (BRK) and common misconceptions about it.• 37:20 - Why Buffett hasn't deployed BRK's large cash pile amid the COVID crisis?• 43:51 - Why investors shouldn't just copy Buffett's stock picks.• 45:20 - What has been the leading cause for Buffett's underperformance over the last decade?• 52:42 - The timeless principles of the Oracle of Omaha that have led to his success and are worth following.• 57:08 - The future of BRK and if it will survive without Buffett and/or Munger.And much, much more!BOOKS AND RESOURCESAdam Mead's book The Complete Financial History of Berkshire Hathaway.Mead Capital Management website.The Oracle's Classroom YouTube channel.Stig Brodersen and Preston Pysh's book Warren Buffett Accounting Book.Peter Kaufman's book Poor Charlie's Almanack.Benjamin Graham's book The Intelligent Investor.All of Robert's favorite books.NEW TO THE SHOW?Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.Check out our Millennial Investing Starter Packs.Browse through all our episodes (complete with transcripts) here.Try Kyle'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.SPONSORSSupport our free podcast by supporting our sponsors:AirbnbNetSuiteBabbelMasterclassShopifyPrincipal FinancialConnect with Adam Mead: Website | Twitter | LinkedIn | Facebook Connect with Robert: Website See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In today's episode, Stig Brodersen speaks to Tobias Carlisle and Hari Ramachandra. Stig outlines why he put LVMH on his watchlist and is waiting to buy the dip. Hari's pick, Dollar General, is down 50%, and super investors like Chris Bloonstran, Seth Klarman, and Tom Gayner have invested, and insiders have been buying too. Tobias pitches Inmode, a stock facing a lot of bad news as a result, could be trading at a very attractive price. Ensure you stay around for the end of the episode, where we share information about how you can meet up with our hosts William Green, Clay Finck, and Kyle Grieve in Omaha for the Berkshire shareholder's meeting.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro11:33 - Why Tobias is bullish on InMode38:35 - Why Hari is bullish on Dollar General 1:06:46 - Why Stig is bullish on LVMH 1:43:54 - How can you pitch your stock to the TIP Mastermind Community 1:59:43 - How to meet up with the TIP team and listeners in Omaha in MayDisclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESJoin the waiting list for our TIP Mastermind Community.Contact Clay for more information about our exclusive weekend in Omaha at clay@theinvestorspodcast.com.Get help planning your trip to Omaha by listening to this episode or watch the video.Tune in to the Mastermind Discussion Q3 2023 - TIP576 or watch the video.Listen to Mastermind Discussion Q2 2023 - TIP557 or watch the video.Tune in to Mastermind Discussion Q1 2023 - TIP528 or watch the video.Listen to Mastermind Discussion Q1 2022 - TIP418 or watch the video.Tune in to Mastermind Discussion Q2 2022 - TIP450 or watch the video. Listen to Mastermind Discussion Q3 2022 - TIP475 or watch the video.Tune in to Mastermind Discussion Q4 2022 - TIP496 or watch the video.Dollar Generals's debt situation on page 35. Listen to Chris Bloomstran's interview with William Green about Dollar General or watch the video.Erwan Rambourg's book, Future Luxe – read reviews of this book.Our FREE stock analysis resource, Intrinsic Value Index.Subscribe to our FREE Intrinsic Value Assessments.Tobias Carlisle's podcast, The Acquirer's Podcast.Tobias Carlisle's ETF, ZIG.Tobias Carlisle's ETF, Deep.Tobias Carlisle's book, The Acquirer's Multiple – read reviews of this book.Tobias Carlisle's Acquirer's Multiple stock screener: AcquirersMultiple.com.Tweet directly to Tobias Carlisle.Hari's Blog: BitsBusiness.com.Tweet directly to Hari.NEW TO THE SHOW?Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.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.Help us understand our audience better so we can create a more intentional user experience by answering this survey!SPONSORSInvest in Bitcoin with confidence. Get $5 in Bitcoin when you invest $100 with River.Experience real language learning for real conversations with Babbel. Get 55% off your Babbel subscription today.Send, spend, and receive money around the world easily with Wise.Get the benefits of portfolio diversification AND optimize your retirement strategy by minimizing your tax burden with funds from tax-advantaged retirement accounts. Start investing in alts with Alto today.Learn how Principal Financial can help you find the right benefits and retirement plan for your team today.Beat FOMO and move faster than the market with AlphaSense.Make investing in precious metals easy with Noble Gold Investments. Receive a FREE 5-ounce solid silver America The Beautiful bullion coin with any qualifying precious metals IRA.Invest in some of the top private, pre-IPO companies in the world with Fundrise.Earn more where your business spends the most with American Express Business Gold Card! Enjoy 4x Membership Rewards points, Up to $395 in annual statement credits on eligible business purchases, flexible spending capacity, and access to 24/7 support!Feed your body the nutrients it craves with Ka'Chava, an all-in-one, plant-based superblend made up of superfoods, greens, plant proteins, antioxidants, adaptogens, and probiotics! Get 10% off on your first order 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.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.Reach the world's largest audience with Linkedin, the place to B2B. Plus, enjoy a $100 credit on your next ad campaign!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.

On today's show, Stig Brodersen talks with co-host William Green, the author of “Richer, Wiser, Happier.” With a strong focus on kindness, they discuss what has made them Richer, Wiser, or Happier in the past quarterIN THIS EPISODE YOU'LL LEARN:00:00 - Intro06:27 - How not to let negative emotions run21:15 - How to stay humble in your search for your approach32:36 - How to set up a process for validating the truth 58:35 - How to play games you are equipped to win1:07:13 - How to understand the emotions of the best investors1:16:42 - How a job selling flowers can change your life 1:30:21 - How to think about intentions when you want to help your fellow manDisclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESTune in to Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q2 2023, or watch the video.Listen to Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q1 2023, or watch the video.Listen to Stig Brodersen and William Green's episode on Money and Happiness or watch the video.Tune in to William Green's interview with Daniel Goleman & Tsoknyi Rinpoche or watch the video.Listen to William Green's interview with Arnold Van den Berg about going from poverty to power or watch the video.William Green's book Richer, Wiser, Happier – read reviews of this book.William Green's book, The Great Minds of Investing – read reviews of this book.Tara Bennett Goleman's book, Emotional Alchemy – read reviews of this bookDavid Hawkins' book, Power vs. Force – read reviews of this bookDavid Hawkins' book, Letting Go – read reviews of this bookDavid Hawkins' book, Transcending the Levels of Consciousness – 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 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.Help us understand our audience better so we can create a more intentional user experience by answering this survey!SPONSORSInvest in Bitcoin with confidence. Get $5 in Bitcoin when you invest $100 with River.Reach the world's largest audience with Linkedin, the place to B2B. Plus, enjoy a $100 credit on your next ad campaign!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.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.Make investing in precious metals easy with Noble Gold Investments. Receive a FREE 5-ounce solid silver America The Beautiful bullion coin with any qualifying precious metals 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.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.Feed your body the nutrients it craves with Ka'Chava, an all-in-one, plant-based superblend made up of superfoods, greens, plant proteins, antioxidants, adaptogens, and probiotics! Get 10% off on your first order 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.

In this episode, William Green chats with Chris Bloomstran, President & Chief Investment Officer of Semper Augustus. This conversation is so rich that it's been divided into two episodes. Here, in Part 1, Chris explains how to achieve long-term success by seeking a “dual margin of safety” that comes from owning high-quality businesses at attractive prices. He also warns about the perennial dangers of irrational exuberance, which he now sees in hot stocks like Tesla & Nvidia.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro04:45 - What Chris Bloomstran learned from his brilliant mentor, Robert Smith.08:17 - How Chris & Robert skillfully sidestepped the dotcom bubble & crash.10:00 - What lessons Chris drew from an early investment that fell to zero.35:17 - Why Chris named his investment firm after a crazily overvalued tulip.44:53 - What Sir John Templeton saw as the best antidote to financial insanity. 55:38 - How to succeed in stocks by seeking a “dual margin of safety.”56:51 - How his definition of a quality business has evolved.1:07:01 - Why he's skeptical about Cathie Wood's ARK portfolio.1:09:02 - Why hot tech stocks like Nvidia are likely to disappoint for many years.1:11:32 - Why he's wary of hype & “puffery” about Tesla's glorious future.1:17:49 - Why he's trimmed great but pricey holdings like Costco & Nike.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESChris Bloomstran's firm Semper Augustus Investments Group“Extraordinary Popular Delusions & The Madness of Crowds” by Charles Mackay“The Rise & Fall of American Growth” by Robert GordonWilliam Green's book, “Richer, Wiser, Happier” – read the reviews of this bookListen to Stig Brodersen's April 2023 interview with Chris Bloomstran, or watch the video.Follow Chris Bloomstran on X (AKA Twitter)Follow William Green on X (AKA 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.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.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.Learn how Principal Financial can help you find the right benefits and retirement plan for your team today.Beat FOMO and move faster than the market with AlphaSense.Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.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.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.

In this episode, William Green speaks with Chris Bloomstran, President & Chief Investment Officer of Semper Augustus. This conversation has been divided into two episodes. Here, in Part 2, Chris discusses what we can learn from studying Berkshire Hathaway & Warren Buffett; weighs the risks of Berkshire's huge Apple stake; discusses Berkshire's valuation; & explains why the stock should beat the S&P 500. He also talks about avoiding charlatans and living with integrity.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro02:38 - Why Chris Bloomstran says it's so valuable to study Berkshire Hathaway.05:04 - How Warren Buffett thinks about intelligent asset allocation.06:59 - How share buybacks are mishandled by many companies. 11:30 - How he values Berkshire, & why it should outperform the S&P 500.20:40 - Why most investors shouldn't pick stocks for themselves.29:16 - How Chris manages his time.40:28 - How he's risen above a painfully difficult childhood.43:42 - Why the key to investing success is a fierce work ethic.44:57 - What his football coaches taught him about integrity & kindness.54:10 - How Chris uses social media to criticize what he calls “charlatan promotion.”58:41 - What he thinks of Berkshire's huge stake in Apple.1:08:15 - What a legendary golfer taught him about how to live.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESChris Bloomstran's firm Semper Augustus Investments GroupChris Bloomstran's 2022 Letter to Clients: “Crazy Train”William Green's book, “Richer, Wiser, Happier” – read the reviews of this bookListen to Stig Brodersen's April 2023 interview with Chris Bloomstran, or watch the video.Follow Chris Bloomstran on X (AKA Twitter)Follow William Green on X (AKA 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.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.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.Learn how Principal Financial can help you find the right benefits and retirement plan for your team today.Beat FOMO and move faster than the market with AlphaSense.Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.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.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.

In today's episode, Stig Brodersen speaks to Tobias Carlisle and Hari Ramachandra. Stig outlines why he put Constellation Software on his watchlist and is waiting to buy the dip. Hari's pick, Brookfield Corporation, is one of the world's largest alternative investment management companies with over $725B of assets under management. Tobias pitches Winnebago, a value stock coming off the strong demand from COVID.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro01:33 - Why Hari is bullish on Brookfield Corporation (BN)07:56 - Why Hari is not bullish on Brookfield Asset Management (BAM)22:37 - Why Stig is bullish on Constellation Software (TSE: CSU)37:13 - Two different methods to value Constellation Software59:39 - Why Tobias is bullish on Winnebago Industries (WGO)1:11:52 - How can you pitch your stock to the TIP Mastermind Community 1:47:02 - How to meet up with TIP in NYC in OctoberDisclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESJoin the waiting list for the TIP Mastermind Community. Listen to Mastermind Discussion Q2 2023 - TIP557 or watch the video.Listen to Mastermind Discussion Q1 2023 - TIP528 or watch the video.Listen to Mastermind Discussion Q1 2022 - TIP418 or watch the video.Listen to Mastermind Discussion Q2 2022 - TIP450 or watch the video. Listen to Mastermind Discussion Q3 2022 - TIP475 or watch the video.Listen to Mastermind Discussion Q4 2022 - TIP496 or watch the video.Tune in to Stig Brodersen's interview with Mohnish Pabrai about the Turkish stock market or watch the video.Tune in to Clay Finck's interview with Chris Mayer about Constellation Software and 100-baggers or watch the video.Our FREE stock analysis resource, Intrinsic Value Index.Tobias Carlisle's podcast, The Acquires Podcast.Tobias Carlisle's ETF, ZIG.Tobias Carlisle's ETF, Deep.Tobias Carlisle's book, The Acquirer's Multiple – read reviews of this bookTobias Carlisle's Acquirer's Multiple stock screener: AcquirersMultiple.com.Tweet directly to Tobias Carlisle. Hari's Blog: BitsBusiness.comTweet directly to Hari Ramachandra.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.Learn how Principal Financial can help you find the right benefits and retirement plan for your team today.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.Take ownership of your Bitcoin with Foundation. Attain self-custody with Passport hardware wallet.Experience real language learning for real conversations with Babbel. Get 55% off your Babbel subscription today.Invest in the same paintings available to billionaires, at a more accessible price point with Masterworks.Send, spend, and receive money around the world easily with Wise.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.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.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.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.Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.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.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.

In this episode, Stig Brodersen and Preston Pysh talk with Lyn Alden about her new book, Broken Money. In this first part episode of two, you'll quickly hear why Stig and Preston think Broken Money is one of the best books they read in 2023. IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro03:50 - Why the current monetary system is broken08:02 - What commodity money is and why it's relevant to understand today28:33 - Why the fractional banking reserve system is like a game of musical chairs47:36 - How important the strength of the US military is for backing the US dollar51:17 - How debasement of currencies can fund wars1:01:31 - The role fiat currencies have played in wars1:06:02 - How do wealthy countries push inflation and volatility to emerging countries?Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESLyn Alden's book, Broken Money – Read reviews here Listen to our interview with Lyn Alden about How the Fed Went Broke, or watch the video.Tune into our interview with Lyn Alden about Macro and the energy market, or watch the video.Listen to our interview with Lyn Alden about Money or watch the video.Tune into our interview with Lyn Alden about Gold and Commodities, or watch the video.Lyn Alden's free websiteLyn Alden's premium newsletterListen to our interview with Alex Gladstein about issues with fiat currencies, or watch the video.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.

On today's show, Stig Brodersen and Preston Pysh are co-hosting an episode for the first time since 2019. They talk about how they met each other and the early days of their company. They also discuss how their investment approach has evolved over the years. IN THIS EPISODE YOU'LL LEARN:00:00 - Intro00:00 - Intro04:18 - How Preston and Stig met each other and how The Investor's Podcast got started08:20 - How the early days were at TIP before it became a real company24:32 - If Preston invests in stocks and how his portfolio looks like39:45 - What Stig's bitcoin portfolio allocation is54:51 - Whether Preston will attend the Berkshire Hathaway shareholder's meeting again1:17:35 - What the future holds for TIPDisclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESStig and Preston's book, Warren Buffett Accounting Books – read reviews of this bookPreston and Stig's book, The Intelligent Investor, 100-page summary – read reviews of this bookPreston and Stig's book, Security Analysis 100-page summary – read reviews of this bookWarren Buffett's 3 Favorite Books – read reviews of this bookMichael Saylor's website, where you can track equity returns measured in Bitcoin. Tony Hsieh's book, Delivering Happiness – 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 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.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.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.Take ownership of your Bitcoin with Foundation. Attain self-custody with Passport hardware wallet.Reach the world's largest audience with Linkedin, the place to B2B. Plus, enjoy a $100 credit on your next ad campaign!Send, spend, and receive money around the world easily with Wise.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.Experience real language learning for real conversations with Babbel. Get 55% off your Babbel subscription today.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.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.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.Beat FOMO and move faster than the market with AlphaSense.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.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.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.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.

On today's show, Stig Brodersen talks with co-host William Green, the author of “Richer, Wiser, Happier.” With a strong focus on books, they discuss what has made them Richer, Wiser, or Happier in the past quarter.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro01:27 - How to curate a book list12:53 - How can you find books the same way as your pick stocks23:32 - Which books have made us Wiser, Richer, and Happier30:14 - How the master appears when the student is ready44:13 - Whether AI changes how books are written1:25:46 - How to encourage your peers to read1:42:16 - Why you should give books away as your hobby 1:45:03 - Which two books have William recently read that he would recommendDisclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESListen to Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q1 2023 or watch the video.Listen to Stig Brodersen and William Green's episode on Money and Happiness or watch the video.Tune in to William Green's episode with Mohnish Pabrai on Playing to Win or watch the video.Tune in to William Green's episode with Jason Karp on Wealth and Health or watch the video.Listen to Clay Finck's episode with Scott Patterson about the book Chaos Kings or watch the video.William Green's book Richer, Wiser, Happier – read reviews of this book.William Green's book, The Great Minds of Investing – read reviews of this book.Scott Patterson's book, Chaos Kings – read reviews of this book.Peter Matthiessen's book, Snow Leopard – read reviews of this book.Benjamin Labatut's book, When we cease to Understand the World – read reviews of this book.Jared Diamond's book, Guns, Germs, and Steel – read reviews of this book.Yuval Harari's book, Sapiens – read reviews of this book.Michael Greger's book, How Not to Die – read reviews of this book.Mark Hyman's book, Forever Young – read reviews of this book.Steven Kotler's book, The Art of the Impossible – read reviews of this book.Dean and Anne Ornish's book, Undo It! - read reviews of this book.Robert Pirsig's book, Zen and the Art of Motorcycle Maintenance - read reviews of this book.Robert Pirsig's book, On Quality - read reviews of this book.Alice Schroder's book, The Snowball - read reviews of this book.Warren Buffett's book, The Essays of Warren Buffett - read reviews of this book.Ray Dalio's book, The Changing World Order - 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 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.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.Easily diversify beyond stocks and bonds, and build wealth through streamlined CRE investing with EquityMultiple.Join over 5k investors in the data security revolution with Atakama.Make connections, gain knowledge, and uplift your governance CV by becoming a member of the AICD 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!Enjoy flexibility and support with free cancellation, payment options, and 24/7 service when booking travel experiences with Viator. Download the Viator app NOW and use code VIATOR10 for 10% off your first booking.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.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.

In today's episode, Stig Brodersen speaks to Tobias Carlisle and Hari Ramachandra. Stig only owns five individual stocks, and in this episode, he outlines why he added Teqnion as the newest addition to his portfolio. Hari's pick, Palantir, has recently traded at a 52-week high after a preceding 80% drop, and Tobias pitches Virtu Financial, a value stock with strong cash flows in uncertain times. IN THIS EPISODE YOU'LL LEARN:00:00 - Intro01:35 - The group's takeaways from the Berkshire Hathaway shareholder's meeting06:00 - Why Hari is bullish on Palantir (Ticker: PLTR)24:46 - Why Toby is bull on Virtual Financial (Ticker: VIRT) as a trade but not as a “buy-and-hold.” 41:37 - Why Stig has invested in Teqnion (Ticker: TEQ) as one of the five stocks he owns58:21 - Which questions to ask management if you get the opportunity01:17:07 - What the TIP Mastermind Community is and our plans to meet up in NYC in OctoberDisclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESJoin the waiting list for the TIP Mastermind Community. Stig Brodersen's interview with Daniel Zhang, the Chief Acquisition Officer of TeqnionDaniel Zhang's book, An investment thinking toolbox – read reviews of the book.Listen to Mastermind Discussion Q1 2023 - TIP528 or watch the video.Listen to Mastermind Discussion Q1 2022 - TIP418 or watch the video.Listen to Mastermind Discussion Q2 2022 - TIP450 or watch the video. Listen to Mastermind Discussion Q3 2022 - TIP475 or watch the video.Listen to Mastermind Discussion Q4 2022 - TIP496 or watch the video.Tune in to Stig Brodersen's interview with Mohnish Pabrai about the Turkish stock market or watch the video.Tune in to Clay Finck's interview with Chris Mayer about Constellation Software and 100-baggers or watch the video.Teqnion's investor relationsOur FREE stock analysis resource, Intrinsic Value Index.Subscribe to our FREE Intrinsic Value Assessments.Tobias Carlisle's podcast, The Acquires Podcast.Tobias Carlisle's ETF, ZIG.Tobias Carlisle's ETF, Deep.Tobias Carlisle's book, The Acquirer's Multiple – read reviews of this bookTobias Carlisle's Acquirer's Multiple stock screener: AcquirersMultiple.com.Tweet directly to Tobias Carlisle. Hari's Blog: BitsBusiness.comTweet directly to Hari Ramachandra.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.Easily diversify beyond stocks and bonds, and build wealth through streamlined CRE investing with EquityMultiple.Join over 5k investors in the data security revolution with Atakama.Make connections, gain knowledge, and uplift your governance CV by becoming a member of the AICD today.Enjoy flexibility and support with free cancellation, payment options, and 24/7 service when booking travel experiences with Viator. Download the Viator app NOW and use code VIATOR10 for 10% off your first booking.Send, spend, and receive money around the world easily with Wise.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.Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.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.

On today's show, Stig Brodersen talks with legend investor Mohnish Pabrai. In the interview, Mohnish Pabrai generously shares his investment framework and touches on various stocks, including Alibaba, Constellation Software, Reysas Logistics, and Shinoken. Disclaimer: Stig Brodersen is invested in Pabrai Funds. IN THIS EPISODE YOU'LL LEARN:00:00 - Intro.01:35 - How to stay objective when you get advice from someone you admire and like04:56 - Why the Turkey stock market is attractive10:05 - Mohnish Pabrai's four steps to read annual reports27:22 - What happened to Shinoken, one of Mohnish Pabrai's previous holdings40:56 - Mohnish Pabrai's thoughts on Constellation Software and Mark Leonard49:44 - Mohnish Pabrai's thoughts on Alibaba 54:48 - How to live a truthful lifeDisclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESMohnish Pabrai's websiteLearn more about Mohnish Pabrai's Dakshana FoundationListen to our interview with Mohnish Pabrai about investing in stocks or watch the video.Tune into our interview with Mohnish Pabrai about value investing and philanthropy or watch the video.Listen to our interview with Mohnish Pabrai about value investing or watch the video.Tune into our interview with Mohnish Pabrai about value investing in 2021 or watch the video.Listen to our interview with William Green about Mohnish Pabrai or watch the video.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!SPONSORSHave peace of mind knowing River holds Bitcoin in multi-sig cold storage with 100% full reserves.Join over 5k investors in the data security revolution with Atakama.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.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!Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.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!Invest your retirement savings in what YOU know and are passionate about with a Self-Directed IRA with New Direction Trust Company.Unravel the fascinating story of Elon Musk's unexpected bid to buy Twitter, and all of the drama that has happened since then with Flipping The Bird: Elon vs. Twitter.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.

On today's show, Stig Brodersen talks with co-host William Green, the author of “Richer, Wiser, Happier.” They discuss what has made them Richer, Wiser, or Happier in the past quarter.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro02:31 - How to think about investing with an asset manager that yields a lower return and has good values, or an asset manager with a higher return and bad values.27:35 - The role of money vs. happiness for billionaires.48:55 - What Stig and William learned from Ray Dalio.54:51 - Why pain + reflection = progress.1:25:16 - What Stig and William learned from Charlie Munger.1:44:22 - Why William bought Alibaba and Seritage Growth Properties. 1:53:09 - Which investing books made it to the top 5 for Stig and William for Q1 2023, and why.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESListen to Stig Brodersen and William Green's episode on Money and Happiness or watch the video.Listen to William Green's interview with Ray Dalio or watch the video.Tune in to William Green's interview with Fred Martin about being a disciplined growth investor or watch the video.William Green's book Richer, Wiser, Happier – read reviews of this book.Fred Martin's book, Benjamin Graham and the Power of Growth Stocks – read reviews of this book.Bruce Greenwald's book, Competition Demystified – read reviews of this book.Joel Tillinghast's book, Big Money Thinks Small – read reviews of this book.Ray Dalio's book, Your Guided Journal – read reviews of this book.Aswath Damodaran's book, The Little Book of Valuation – read reviews of this book.Gautam Baid's book, The Joys of Compounding – read reviews of this book.Q&A with Charlie Munger from the DIJO meeting. Watch the trailer for Free Solo.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.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!SPONSORSHave 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.Let an expert do your taxes from start to finish so you can relax with TurboTax.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.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.Get the professional support you need to prepare for your future career with UBC Sauder School of Business.Make connections, gain knowledge, and uplift your governance CV by becoming a member of the AICD today.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.Set, track, and manage your financial goals as your life evolves with Scotia Smart Investor.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.

We interview and study famous financial billionaires including Warren Buffett, Ray Dalio, and Howard Marks, and teach you what we learn and how you can apply their investment strategies in the stock market. We Study Billionaires is the largest stock investing podcast show in the world with 100,000,000+ downloads and is hosted by Stig Brodersen, Trey Lockerbie, and Clay Finck.This podcast also includes the Richer Wiser Happier series hosted by best-selling author William Green. William regularly interviews legendary investors such as Mohnish Pabrai and Guy Spier, exploring what they can teach us about how to succeed in markets and life.And finally, our Bitcoin Fundamentals series is hosted by Preston Pysh, where he interviews prominent figures in the Bitcoin and macroeconomic space.To learn more about TIP, you can visit theinvestorspodcast.com or subscribe to our free daily newsletter here.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

IN THIS EPISODE, YOU'LL LEARN:01:19 - How to live a life with integrity.01:38 - How to live a life with honesty.18:06 - How to live a life that is true to your personality.23:39 - What it means to be “poor rich.”38:20 - Why what we envy from rich people is independence.01:03:38 - How to live a life of subtraction and not of complexity.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESWilliam Green's book, Richer, Wiser, Happier – read reviews of this book.Our conversation with William Green about Richer, Wiser, Happier.Our conversation with William Green about The Great Minds of Investing. Check out William Green's show, Richer, Wiser, Happier.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) 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.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 high-quality, cash-flowing real estate without all of the hassle with Passive Investing.Have gold and silver shipped directly to your door for you to hold at your home. Get BullionMax's Gold Investor Kit today - 3 ounces of the world's most desirable gold coins, including the Gold American Eagle and Canadian Maple Leaf.Get position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia's first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Enjoy 10% off your first booking in Viator's world of over 300,000 experiences you'll remember. Download the Viator app now and use code VIATOR10.In a world of probabilities, trade the possibilities with Pepperstone.Start building a portfolio of alternative farm and timberland assets with AcreTrader.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.Guess less and sell more with the Number 1 email marketing and automation brand, Intuit Mailchimp.Thanks to rising interest rates artificially driving down the prices of even the best assets, Fundrise expects 2023 to be one of the most opportune real estate investing environments of the last decade. Take advantage of this unique investing environment.Send, spend, and receive money around the world easily with Wise.Ship with FedEx and be ready for this holiday season with picture proof of delivery.Monitor your recovery, sleep, training, and health, with personalized recommendations and coaching feedback with WHOOP. Use code WSB to save 10% off your order today.Give your family and friends Omaha Steaks, a gift that will be remembered with every unforgettable bite. Use promo code WSB at checkout to get that EXTRA $30 OFF your order.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

IN THIS EPISODE YOU'LL LEARN:02:36 - What is the Berkshire Hathaway Annual Shareholder's meeting30:19 - How do you attend the Berkshire Hathaway Annual Shareholder's meeting39:16 - What is the Intrinsic Value of Berkshire Hathaway, and how do you value the company59:54 - What is the Intrinsic Value of Apple, and how do you value the companyDisclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESSign up for the free events with The Investor's Podcast Network.Read more about how to Attend the Berkshire Hathaway Annual Shareholder's Meeting and the free events hosted by The Investor's Podcast Network.Access TIP's itinerary for the Berkshire meeting here.Register for the TIP events here.Contact Clay about the WhatsApp Group at clay@theinvestorspodcast.com.Stig Brodersen and Preston Pysh's book, The Warren Buffett Accounting Book – Read reviews of this book. Chris Bloomstran's valuation of Berkshire Hathaway with Stig Brodersen.Adam Mead's valuation of Berkshire Hathaway with Stig Brodersen. Listen to Clay's episode to learn more about how to value Apple.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.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 position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia's first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Monitor your recovery, sleep, training, and health, with personalized recommendations and coaching feedback with WHOOP. Use code WSB to save 10% off your order today.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Invest in high-quality, cash-flowing real estate without all of the hassle with Passive Investing.Have gold and silver shipped directly to your door for you to hold at your home. Get BullionMax's Gold Investor Kit today - 3 ounces of the world's most desirable gold coins, including the Gold American Eagle and Canadian Maple Leaf.If you're a sales professional, get every real time advantage you can get with Sales Navigator. Enjoy 60 days of free trial today.In a world of probabilities, trade the possibilities with Pepperstone.Ship with FedEx and be ready for this holiday season with picture proof of delivery.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 personalized, expert advice that helps you see things clearly with ATB.Enjoy 10% off your first booking in Viator's world of over 300,000 experiences you'll remember. Download the Viator app now and use code VIATOR10.More wealth, more purpose, or making more of a difference? Commonwealth Private helps you create more of yours - with exceptional service and experts who meticulously tailor opportunities for you.Find an advisor who's invested in you with iA Financial Services Inc.Find people with the right experience and invite them to apply to your job. Try ZipRecruiter for FREE today.Ship with FedEx and be ready for this holiday season with picture proof of delivery.Take a position daily on potential price movements, and gain exposure while limiting risk with Interactive Brokers.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.

IN THIS EPISODE, YOU'LL LEARN:01:46 - How and why did Trey and William get hired?12:52 - What the business model of The Investor's Podcast Network is.15:11 - What the Free Cash Flow is of The Investor's Podcast Network.23:47 - How potential buyers have been approaching the Investor's Podcast Network.30:23 - Why The Investor's Podcast Network is not optimizing for profit but happiness on the team.30:24 - Whether any price would be so high that The Investor's Podcast Network would be sold.47:10 - Who is Clay Finck, and why will he be hosting We Study Billionaires.51:48 - What does Clay Finck's investment portfolio look like? 59:52 - How to access the WhatsApp group for the Berkshire Hathaway Annual Shareholder's 2023 event.*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESListen to the first part of this episode, Our Story. The website where Stig Brodersen and Preston met each other, BuffettsBooks.The popular podcast Millennial Investing by The Investor's Podcast Network.The Investor's Podcast Network's YouTube channel for new investors.Sign up for the daily newsletter from The Investor's Podcast Network.Try out free and paid courses. Stig Brodersen and Preston Pysh's book, The Warren Buffett Accounting Book – Read reviews of this book. Get the ad-free version of We Study Billionaires. Contact Clay about the WhatsApp Group at clay@theinvestorspodcast.com.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.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!SPONSORSStart building a portfolio of alternative farm and timberland assets with AcreTrader.Invest in high-quality, cash-flowing real estate without all of the hassle with Passive Investing.Help protect your family's financial future with TD Term Life Insurance.Help empower girls to break free through education, healthcare, child protection, and other wonderful benefits by being a World Vision child sponsor today.Private assets represent 98% of companies in North America but are absent in most portfolios. Reconstruct your portfolio with private markets with Mackenzie Investments.Build a plan that helps you strengthen your financial security with RBC Wealth Management. RBC capital markets LLC, member NYSE, FINRA, SIPC.Send, spend, and receive money around the world easily with Wise.Throw out the old traditions and get progressive. Discover the complete package – smart design, lots to love under the hood with Genesis.Have gold and silver shipped directly to your door for you to hold at your home. Get BullionMax's Gold Investor Kit today – 3 ounces of the world's most desirable gold coins, including the Gold American Eagle and Canadian Maple Leaf.See the potential of your business. Find solutions that work for you, that tick bigger boxes and help you grow with Square.Take a position daily on potential price movements, and gain exposure while limiting risk with Interactive Brokers.Get position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia's first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with Avast One.Enjoy a 400-calorie meal that contains 40g of expertly sourced, premium plant protein, all 26 essential vitamins and minerals, and a scientifically calibrated mix of carbs, good fats and fiber with Huel Black Edition. Plus, get a free t-shirt and free shaker with your first order.Start printing everything your small business needs and discover the endless printabilities with VistaPrint.Whether you're exploring ways to manage volatility, seeking income and diversification opportunities, or looking for tax management strategies- Invesco has over 200 ETFs to help you meet your financial goals. Visit invesco.com for a prospectus with this information.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.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.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

IN THIS EPISODE, YOU'LL LEARN:01:48 - How Stig and Preston met and why they started The Investor's Podcast together. 10:05 - When did Stig and Preston know that the podcast would be successful.19:33 - What the pivotal moments were along the way.25:28 - What is the relationship between Stig and Preston today.37:50 - Why was the bitcoin show not set up in a separate podcast feed.40:40 - What is the mission and vision of The Investor's Podcast Network.50:49 - Why is The Investor's Podcast Network a team-based company and less focused on profits and customers.1:01:47 - How does The Investor's Podcast Network identify the right hires.*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCES The website where Stig Brodersen and Preston met each other, BuffettsBooks. The popular podcast Millennial Investing by The Investor's Podcast Network. The Investor's Podcast Network's YouTube channel for new investors. Sign up for the daily newsletter from The Investor's Podcast Network. Try out free and paid courses. Stig Brodersen and Preston Pysh's book, The Warren Buffett Accounting Book – Read reviews of this book. Get the ad-free version of We Study Billionaires. Contact Clay about the WhatsApp Group at clay@theinvestorspodcast.com.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.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!SPONSORSStart building a portfolio of alternative farm and timberland assets with AcreTrader.Invest in high-quality, cash-flowing real estate without all of the hassle with Passive Investing.Help protect your family's financial future with TD Term Life Insurance.Help empower girls to break free through education, healthcare, child protection, and other wonderful benefits by being a World Vision child sponsor today.Private assets represent 98% of companies in North America but are absent in most portfolios. Reconstruct your portfolio with private markets with Mackenzie Investments.Build a plan that helps you strengthen your financial security with RBC Wealth Management. RBC capital markets LLC, member NYSE, FINRA, SIPC.Send, spend, and receive money around the world easily with Wise.Throw out the old traditions and get progressive. Discover the complete package – smart design, lots to love under the hood with Genesis.Have gold and silver shipped directly to your door for you to hold at your home. Get BullionMax's Gold Investor Kit today – 3 ounces of the world's most desirable gold coins, including the Gold American Eagle and Canadian Maple Leaf.See the potential of your business. Find solutions that work for you, that tick bigger boxes and help you grow with Square.Take a position daily on potential price movements, and gain exposure while limiting risk with Interactive Brokers.Get position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia's first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with Avast One.Enjoy a 400-calorie meal that contains 40g of expertly sourced, premium plant protein, all 26 essential vitamins and minerals, and a scientifically calibrated mix of carbs, good fats and fiber with Huel Black Edition. Plus, get a free t-shirt and free shaker with your first order.Start printing everything your small business needs and discover the endless printabilities with VistaPrint.Whether you're exploring ways to manage volatility, seeking income and diversification opportunities, or looking for tax management strategies- Invesco has over 200 ETFs to help you meet your financial goals. Visit invesco.com for a prospectus with this information.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.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.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

IN THIS EPISODE, YOU'LL LEARN:02:26 - The method Clay uses to determine the intrinsic value of Berkshire Hathaway.03:56 - What adjustments are made to Berkshire's stock holdings.07:28 - How you can think about valuing Berkshire's wholly owned businesses.14:25 - Whether today's price is a fair price to pay for the company.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.EPISODE RESOURCESWatch to Stig Brodersen's conversation with Adam Mead here.Listen to Robert's conversation with Adam Mead on Millennial Investing here.Follow Clay on Instagram.Get a FREE audiobook from Audible.Find Pros & Fair Pricing for Any Home Project for Free with Angi.Our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Check out our favorite Apps and Services.Browse through all our episodes (complete with transcripts) here.New to the show? Check out our Millennial Investing Starter Packs.Support our free podcast by supporting our sponsors.Connect with Clay: Twitter | InstagramSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

IN THIS EPISODE, YOU'LL LEARN00:02:41 - How an introduction from Warren Buffett led to Mohnish's friendship with Charlie Munger.00:04:46 - What it's been like to hang out with Charlie over the last 14 years. 00:15:45 - How Warren and Charlie have succeeded by being voracious “learning machines.”00:18:59 - How Warren and Charlie differ from each other as investors.00:22:12 - How Charlie figured out that Li Lu would be one of the greatest investors of our time.00:42:34 - Why it's helpful to know that even the best investors are wrong a third or half of the time.00:43:18 - How a checklist and other “circuit breakers” can help you to reduce your error rate.01:00:53 - Why Mohnish and Charlie believe it's a huge competitive advantage to be ethical.01:03:56 - How Mohnish decides whether or not to build a relationship with someone. 01:12:55 - How he's changed, becoming more committed to serving others as selflessly as possible.01:15:19 - What Mohnish figured out about how to parent his daughters.01:24:01 - How the power principles he learned from David Hawkins have changed his life.01:25:16 - Why it's so valuable to be candid and to “bare your soul.”01:39:52 - Where Mohnish wants his ashes to be scattered after he dies.*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESMohnish Pabrai's website, Chai with Pabrai.Mohnish's book, The Dhando Investor.Learn more about Mohnish's Dakshana Foundation.Stig Brodersen's latest interview with Mohnish about stock investing.William Green's book, “Richer, Wiser, Happier” – read the reviews of this book.Mohnish explains how “Richer, Wiser, Happier” transformed his investing approach.David Hawkins' books “Power vs Force,” “Letting Go,” and “The Eye of the I.”William Green's Twitter.Every 28 seconds an entrepreneur makes their first sale on Shopify. Access powerful tools to help you find customers, drive sales, and manage your day-to-day. Start a FREE fourteen-day trial right now!Find Pros & Fair Pricing for Any Home Project for Free with Angi.Invest in crypto and trade it without tax headaches with AltoIRA.Updating your wardrobe or just simply looking for a new fall flannel? Head to Mizzen+Main and use promo code WSB to receive $35 off an order of $125 or more!Break into the multifamily investing space or level up your investing game. Learn these at the Multifamily Investor Nation Convention. Visit mfincon.com for details and tickets. Use promo code TIP to get $200 off your tickets.Try out Rhoback's performance polos, q-zips, or hoodies and bring a new meaning to the word comfortable. Use the code STUDY and get 20% off your first order.Get a FREE Wealth Protection Kit and learn how thousands are protecting their retirement savings and adding $10,000 (or more) in free Silver with Goldco.Personalize your plans in improving your metabolism, reducing stress, improving sleep, and optimizing your health with InsideTracker. Use discount code TIP to get 20% off the entire InsideTracker store.Gain the skills you need to move your career a level up when you enroll in a Swinburne Online Business Degree. Search Swinburne Online today.Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with Avast One.Depend on RBC Wealth Management's investment expertise to build a plan that helps you strengthen your financial security no matter where you are in life.Meet every business challenge -- from point of sale to eCommerce, staff management, business operations, costumer solutions, and so much more by using Square's customized and connected tools.Get 50% off Remote's full suite of global employment solutions for your first employee for three months. Just visit remote.com and use promo code WSB.Our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Check out our favorite Apps and Services.Browse through all our episodes (complete with transcripts) here.New to the show? Check out our We Study Billionaires Starter Packs.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.

IN THIS EPISODE, YOU'LL LEARN:00:44 - Why you need to know how to value stocks.02:27 - What a discounted cash flow model is, and how it's used to value stocks.05:35 - How discount rates affect the valuation of stocks.11:44 - Other methods Clay uses to determine if a stock is potentially undervalued.12:23 - How to use the TIP Finance tool to calculate the IRR of a stock.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.EPISODE RESOURCESCheck out the website - Buffett's Books.Robert and Clay's tool for picking stock winners and managing our portfolios: TIP Finance.Check out William Green's interview with Bill Miller.Preston Pysh & Stig Brodersen's book, Warren Buffett Accounting.Peter Lynch's book, One Up On Wall Street.Phil Fisher's book, Common Stocks and Uncommon Profits.How to Invest in Stocks: The Ultimate Guide for Beginners.Check out our Investing Starter Packs about business and finance.Support our free podcast by supporting our sponsors. Find Pros & Fair Pricing for Any Home Project for Free with Angi.Connect with Clay: Twitter See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

IN THIS EPISODE, YOU'LL LEARN:00:45 - What you should know before investing in individual stocks.02:20 - What we can learn from Bill Miller's and other super investors' experiences investing in individual stocks.06:53 - Why many great investors are looking for asymmetric opportunities in the market.08:32 - How we can benefit from the mood swings of Mr. Market.09:28 - What the efficient market hypothesis is.17:34 - Clay's top tips for those interested in buying individual stocks.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.EPISODE RESOURCESPreston Pysh & Stig Brodersen's book, Warren Buffett Accounting.Peter Lynch's book, One Up On Wall Street.Phil Fisher's book, Common Stocks and Uncommon Profits.How to Invest in Stocks: The Ultimate Guide for Beginners.Robert and Clay's tool for picking stock winners and managing our portfolios: TIP Finance.Related Episode: Investing Like Warren Buffett w/ Jake Taylor - MI125.Related Episode: Studying Superinvestors & Investing Checklists w/ Tom Botica - MI148.Related Episode: Investing Legend Bill Miller on Amazon, Bitcoin, & Buffett - RWH007.Check out our Investing Starter Packs about business and finance.Support our free podcast by supporting our sponsors. Read this episode's transcript and full show notes on our website.Connect with Clay: Twitter See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

IN THIS EPISODE, YOU'LL LEARN:01:51 - Why Toby is bull on Domino's Pizza (Ticker: DPZ)17:42 - Why Hari wants to invest in Meta (Ticker: FB)38:41 - Why Stig has decided to invest with Mohnish Pabrai*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESMastermind Discussion Q1 2022. Mastermind Discussion Q4 2021. Mastermind Discussion Q3 2021. Stig Brodersen's interview with Mohnish Pabrai.William Green's interview with Ray Dalio.Our FREE stock analysis resource, Intrinsic Value Index.Subscribe to our FREE Intrinsic Value Assessments.Tobias Carlisle's podcast, The Acquires Podcast.Tobias Carlisle's ETF, ZIG.Tobias Carlisle's ETF, Deep.Tobias Carlisle's book, The Acquirer's Multiple – read reviews of this book.Tobias Carlisle's Acquirer's Multiple stock screener: AcquirersMultiple.com.Tweet directly to Tobias Carlisle.Hari's Blog: BitsBusiness.comTweet directly to HariEvery 28 seconds an entrepreneur makes their first sale on Shopify. Access powerful tools to help you find customers, drive sales, and manage your day-to-day. Start a FREE fourteen-day trial right now!Find people with the right experience and invite them to apply to your job. Try ZipRecruiter for FREE today.Find joy in comfort with Faherty. Use promo code WSB to snag 20% off all your new spring staples!Yieldstreet allows you to invest beyond the stock market with an evolving marketplace of alternative investments. Create your account today.Invest in crypto and trade it without tax headaches with AltoIRA.Push your team to do their best work with Monday.com Work OS. Start your free two-week trial today.Learn how to grow better by connecting your people, your customers, and your business at HubSpot.com.Find Pros & Fair Pricing for Any Home Project for Free with Angi.Buying or selling Gold is as easy as buying a stock with Vaulted. No minimum investment required.The interval fund, a breakthrough innovation. Only at Mackenzie.Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with Avast One.Balancing opportunity and risk? The golden answer can be literally gold! Start your investment journey today with Perth Mint.Gain the skills you need to move your career a level up when you enroll in a Swinburne Online Business Degree. Search Swinburne Online today.Design is already in your hands with Canva. Start designing for free today.Browse through all our episodes (complete with transcripts) here.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.

IN THIS EPISODE, YOU'LL LEARN: 03:35 - What stocks and companies Berkshire purchased in the first quarter of 2022.16:55 - Why speculation in the stock market helps Warren and Charlie find good deals to purchase in the market.26:40 - Warren and Charlie's thoughts on trying to time the market.31:15 - How Buffett suggests protecting yourself against inflation.49:40 - Why Buffett won't purchase any Bitcoin.54:30 - Why doing the work you love leads to a fulfilling life.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.EPISODE RESOURCESApply to TIP's new job opening as a financial newsletter writer.Related episode: TIP446: Berkshire Hathaway Annual Shareholder's Meeting 2022 w/ Stig Brodersen & Trey Lockerbie.Mentioned episode: MI128: Why Buy Bitcoin w/ Andy Edstrom.Mentioned episode: MI164: What is Money? w/ Jim Crider.Get a FREE audiobook from Audible.Check out our Investing Starter Packs about business and finance.Support our free podcast by supporting our sponsors. Find Pros & Fair Pricing for Any Home Project for Free with Angi.Getting dressed takes no effort at all with Mack Weldon's Daily Wear System! Check it out for yourself and save 20% on your first order.Loansteady is here to find a mortgage that works for you, not the other way around. They are waiving all lender fees for listeners of Millennial Investing. Important terms and conditions apply. Loansteady LLC, All rights reserved, NMLS# 1701910, Equal Housing Lender. For more licensing information, please visit https://www.loansteady.com/licenses-and-legalTake your business online with Wix, the leading website creation platform that's got all the tools you need to create, manage and grow your brand. Invest in crypto and trade it without tax headaches with AltoIRA.Check out Titan if you want to aim to become the smartest, wealthiest investor you've ever been. Get $50 when you invest today.Enjoy a simple, good tasting supplement that truly improves your health with Field of Greens! Get 15% off your first order and get another 10% off when you subscribe for recurring order with the promo code MILLENNIAL.The interval fund, a breakthrough innovation. Only at Mackenzie.Balancing opportunity and risk? The golden answer can be literally gold! Start your investment journey today with Perth Mint.Design is already in your hands with Canva. Start designing for free today.Get insights on how to plan for your financial goals with The Globe and Mail. Listeners get a special digital subscription rate for unrestricted access to everything. Read this episode's transcript and full show notes on our website.Connect with Robert: Website | Instagram | TwitterConnect with Clay: Twitter See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

IN THIS EPISODE YOU'LL LEARN:03:18 - Who is Warren Buffett and Charlie Munger?03:18 - How did they influence each other's investing approach?06:36 - Who is Benjamin Graham and what was his impact on Buffett?08:46 - What is value investing and why is it relevant in today's market?25:12 - The evolution of Berkshire Hathaway (BRK) and common misconceptions about it.37:20 - Why Buffett hasn't deployed BRK's large cash pile amid the COVID crisis.43:51 - Why investors shouldn't just copy Buffett's stock picks.45:20 - What has been the leading cause for Buffett's underperformance over the last decade?52:22 - The timeless principles of the Oracle of Omaha that have led to his success and are worth following.57:08 - The future of BRK and if it will survive without Buffett and/or Munger.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.EPISODE RESOURCES:Robert and Clay's tool for picking stock winners and managing our portfolios: TIP Finance.Adam Mead's book The Complete Financial History of Berkshire Hathaway.Mead Capital Management website.The Oracle's Classroom YouTube Channel. Stig Brodersen and Preston Pysh's book Warren Buffett Accounting Book.Support our free podcast by supporting our sponsors.Find Pros & Fair Pricing for Any Home Project for Free with Angi.Find joy in comfort with Faherty. Use promo code WSB to snag 20% off all your new spring staples!Join Commonstock's community of engaged investors to access exclusive financial data, follow and chat with fellow investors, get alerts when friends buy or sell, and make trades directly through the platform.Now, not only the wealthy can afford collectibles! Enter Otis, an investment platform that makes it possible for almost anyone to invest in shares of cultural assets. Sign up now at withotis.com/TIP to get your first share for FREE!Invest in crypto and trade it without tax headaches with AltoIRA.Make documents, ask a lawyer your legal questions, and sign contracts on the go with Rocket Lawyer.Canada's #1 employee benefits plan for small businesses! The Chambers Plan evolves with the way you work and live while keeping the rates stable. Opt for the simple, stable, and smart choice for your business.Get insights on how to plan for your financial goals with The Globe and Mail. Listeners get a special digital subscription rate for unrestricted access to everything.The interval fund, a breakthrough innovation. Only at Mackenzie.Balancing opportunity and risk? The golden answer can be literally gold! Start your investment journey today with Perth Mint.Design is already in your hands with Canva. Start designing for free today.Read this episode's transcript and full show notes on TIP.Connect with Adam Mead: Website | Twitter | LinkedIn | Facebook Connect with Robert: Instagram | Twitter | LinkedIn | FacebookSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today's show, Stig Brodersen has invited back David Stein. David is a former chief investment strategist for Fund Evaluation Group, a $70 billion investment advisory firm. In this episode, David will break down what is going on in China and whether we as investors should be concerned about a stock market collapse.IN THIS EPISODE, YOU'LL LEARN:(01:07) How are Chinese stocks valued historically?(05:37) How to think about stock market valuations in the US vs. China.(09:04) Why are some investors like Charlie Munger, bull on Chinese equities?.(13:36) Why are some investors bear on Chinese equities?(17:50) What is the true debt situation in China?(24:31) Can Evergrande lead to a stock market collapse? (28:03) What happens to investors' ADRs if they get delisted in the US? (33:03 ) What is happening in the tech sector from an investing and regulatory perspective? (37:11) What is the intention behind common prosperity? (44:23) What are the known knowns and known unknowns when investing in China? (48:03) What are the implications of the new Chinese currency? (53:20) How to position yourself when investing in China.*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCES:Listen to David Stein's podcast, Money For the Rest of Us.Visit David Stein's Website.Visit David Stein's YouTube channel.Preston, Trey & Stig's tool for picking stock winners and managing our portfolios: TIP Finance Tool.Read the 9 Key Steps to Effective Personal Financial Management.Updating your wardrobe with Mizzen+Main. Use promo code WSB to receive $35 off any order of $125 or more.Have high-quality, sustainably sourced Wild-Caught Seafood delivered right to your door with Wild Alaskan Company. Order today and get $15 off your 1st box of premium seafood.Find people with the right experience and invite them to apply to your job. Try ZipRecruiter for FREE today.Get help writing your emails, reports, presentations, resumes, blogs today with WordTune.Communicate your ideas in the best way possible with Canva.Join OurCrowd and get to invest in medical technology, breakthroughs in ag-tech and food production, solutions in the multi-billion dollar robotic industry, and so much more.Start feeling better with a single message. Match with a licensed therapist with Talkspace and get $100 off your first month with the promo code WSB.Connect with other users - friends, other members, and notable investors with Public.com. Use code BILLIONAIRES and get up to $50 in free stock to get started in growing your portfolio. Valid for U.S. residents 18+. Subject to account approval. See Public.com/disclosures. Not investment advice.Push your team to do their best work with Monday.com Work OS. Start your free two-week trial today.Get into a topic quickly, find new topics, and figure out which books you want to spend more time listening to more deeply with Blinkist. Get 25% off and a 7-day free trial today.Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.HELP US OUT!What do you love about our podcast? Here's our guide on how you can leave a rating and review for the show. We always enjoy reading your comments and feedback!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In today's episode, Stig Brodersen speaks to Tobias Carlisle about why Alibaba and US homebuilders are where you can find value in today's market. IN THIS EPISODE, YOU'LL LEARN:(00:01:47) Why does Tobias Carlisle see value in PulteGroup and homebuilders (00:09:14) Understanding boom and bust cycle of PulteGroup(00:11:23) What is true inflation? (00:13:30) The impact of inflation has on how Stig invests (00:32:24) Why value ETFs are often focused on the US or international and not global(00:34:56) Why Stig is finding value in Alibaba (00:38:46) Which price did Charlie Munger, Mohnish Pabrai, and Guy Spier buy Alibaba at?(00:40:39) An overview of Alibaba's business model and business units(00:46:41) What is the impact of regulatory changes on Alibaba? (00:48:12) The rationale that the Chinese government had for the recent crackdown(00:48:58) Difference between the US and Chinese legislation for big tech(00:51:54) How to value the unprofitable part of Alibaba and Google's business(00:57:54) Understanding Alibaba's ecosystem *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCES:Mastermind Discussion Q2 2021. Stig's masterclass in inflation interview with Cullen Roche The original Alibaba mastermind discussion from Q1 2019. Our FREE stock analysis resource, Intrinsic Value IndexSubscribe to our FREE Intrinsic Value Assessments Tobias Carlisle's podcast, The Acquires PodcastTobias Carlisle's ETF, ZIGTobias Carlisle's ETF, DeepTobias Carlisle's book, The Acquirer's Multiple – read reviews of this bookTobias Carlisle's Acquirer's Multiple stock screener: AcquirersMultiple.comTweet directly to Tobias CarlisleGet three months free when you protect yourself with ExpressVPN, the VPN we trust to keep us private onlineCommunicate your ideas in the best way possible with CanvaTeach kids good money habits the fun and easy way with GoHenry's debit card for kids and app for parents. Get one free month with promo code WSBDonate to GiveWell's recommended charities and have your donation matched up to $1,000 before the end of August or as long as matching funds last if you've never donated before. Pick PODCAST and We Study Billionaires or enter code TIP at checkoutJoin OurCrowd and get to invest in medical technology, breakthroughs in ag-tech and food production, solutions in the multi-billion dollar robotic industry, and so much moreStart feeling better with a single message. Match with a licensed therapist with Talkspace and get $100 off your first month with the promo code WSBNever miss out on a great home because you haven't sold your current one. Experience stress-free home-buying with OrchardGet into a topic quickly, find new topics, and figure out which books you want to spend more time listening to more deeply with Blinkist. Get 25% off and a 7-day free trial todayThe all-electric Cooper SE starts at only $29,900. It's everything you love about MINI fully electrified. Reserve yours now.Read the 9 Key Steps to Effective Personal Financial ManagementBrowse through all our episodes (complete with transcripts) hereSupport our free podcast by supporting our sponsorsHELP 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.

Stig Brodersen speaks with Reeves Wiedeman and learns the unfiltered story of The Rise and Fall of WeWork and co-founder Adam Neumann. IN THIS EPISODE, YOU'LL LEARN:(04:12) How WeWork got started(19:53) How WeWork tried becoming a tech company with a 16-year-old Director of IT(27:29) How Softbank made a $4.4B investment in WeWork on a napkin(35:08) Whether or not CEO Adam Neumann was a true believer of a con artist (37:07) How WeWork went from a $96B valuation to single digits in a matter of weeks. (40:28) Why Adam Neumann was ousted from his own company *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCES:Reeves Wiedeman's book, Billion Dollar Loser – Read reviews of this book Take your business to the next level by hiring the right people with ZipRecruiterCommunicate your ideas in the best way possible with CanvaThank an awesome human with the best scrubs in the world — FIGS! Enter promo code WSB at checkout to get 15% offGet up to 40% off + Free Shipping on Four Sigmatic‘s Mushroom Coffee bundles.Uncover thousands of business ideas and discover the steps you need to execute with My First Million. Search My First Million on your podcast appStart feeling better with a single message. Match with a licensed therapist with Talkspace and get $100 off your first month with the promo code WSBGet three months free when you protect yourself with ExpressVPN, the VPN we trust to keep us private onlineTeach kids good money habits the fun and easy way with GoHenry's debit card for kids and app for parents. Get one free month with promo code WSBCheck out our Investing Starter Packs about business and financeBrowse through all our episodes (complete with transcripts) hereSupport our free podcast by supporting our sponsorsSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today's show, Stig Brodersen speaks with the CEO of AcreTrader Carter Malloy about Farmland investing. With rising inflation and Bill Gates being America's top farmland owner with a $690 million investment, we want to understand the nuts and bolts of the $9 Trillion asset class. IN THIS EPISODE, YOU'LL LEARN:(01:45) Why Farmland investing is hedging your inflation exposure(14:52) What are the risks when investing in Farmland(34:35) Disruption in Farmland investing, including global warming(48:22) Farmland investing for international investorsBOOKS AND RESOURCES:Visit AcreTrader's websiteOur interview with Masterworks about investing in artOur interview with CrowdStreet about investing in Commercial Real Estate Browse through all our episodes (complete with transcripts) hereSupport our free podcast by supporting our sponsorsHELP 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!Privacy Policy and California Privacy Notice.

For this week's Mastermind discussion, Stig Brodersen has invited Tobias Carlisle from Acquirer's Fund, Jake Taylor from Farnam Street Investments, and Dr. Wes Gray from Alpha Architect. The topic of the week is how they can best help the TIP Community.IN THIS EPISODE, YOU'LL LEARN:(01:41) How to think about cycles in value investing(19:54) How to create your own free MBA(34:27) The tax advantages you get with ETF investing(43:52) Why Franklin Covey is vastly undervalued BOOKS AND RESOURCES:Millennial investing's interview with Adam Mead Our interview with Morgan Housel about the Psychology of Money Franklin Covey's investors' relations Check out Kraken's industry-leading staking service, where you can put your crypto to work for you and earn up to 20% in additional rewards annuallyJoin OurCrowd and get to invest in medical technology, breakthroughs in ag tech and food production, solutions in the multi-billion dollar robotic industry, and so much moreUncover thousands of business ideas and discover the steps you need to execute with My First Million. Search My First Million on your podcast appSavor every moment with ButcherBox. New members can get one pack of free bacon in EVERY box for the life of their membership when they sign upMake documents, ask a lawyer your legal questions, and sign contracts on the go with Rocket Lawyer. Head to rocketlawyer.com/workconfidently to start your free trial todaySimplify working with multiple freelancers, set budgets, and manage projects with ease with Fiverr Business. Get 1 free year and save 10% on your purchase on with promo code INVESTORSBring your WiFi up to speed with Orbi WiFi 6 from NETGEAR. Save 10% with promo code BILLION10Get three months free when you protect yourself with ExpressVPN, the VPN we trust to keep us private onlineGet into a topic quickly, find new topics, and figure out which books you want to spend more time listening to more deeply with Blinkist. Get 25% off and a 7-day free trial todayBrowse through all our episodes (complete with transcripts) hereSupport our free podcast by supporting our sponsorsHELP 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!Privacy Policy and California Privacy Notice.

In today's episode, Stig Brodersen speaks to Tobias Carlisle and Hari Ramachandra for the Mastermind Discussion of Q2 2021. Together, they discuss where they see value in the financial markets. They try and shoot holes in each other's stock picks and help each other as much as possible.IN THIS EPISODE, YOU'LL LEARN:Whether now is the time to invest in gold minersWhy Hari is long Splunk Technologies whereas Toby is shorting the same pickWhat social commerce is and how it will be the new form of shoppingWhether Pinduoduo that is trading at 40 times Free Cash Flow is very expensive or very cheapBOOKS AND RESOURCES:Mastermind Discussion Q1 2021. Stig and Trey's discussion of the Berkshire Hathaway Annual Shareholders Meeting 2021Our interview with Robert Cialdini Tobias Carlisle's interview with Adam Mead about Berkshire Hathaway A video explaining How Pinduoduo worksAcquired podcast episode about PinduoduoTobias Carlisle's podcast, The Acquirers PodcastTobias Carlisle's ETF, ZIGTobias Carlisle's ETF, DeepTobias Carlisle's book, The Acquirer's Multiple – read reviews of this bookTobias Carlisle's Acquirer's Multiple stock screener: AcquirersMultiple.comHari's Blog: BitsBusiness.comOur FREE stock analysis resource, Intrinsic Value IndexSubscribe to our FREE Intrinsic Value Assessments Join OurCrowd and get to invest in medical technology, breakthroughs in ag tech and food production, solutions in the multi-billion dollar robotic industry, and so much moreTake your business to the next level by hiring the right people with ZipRecruiterCheck out Kraken's industry-leading staking service, where you can put your crypto to work for you and earn up to 20% in additional rewards annuallyPush your team to do their best work with Monday.com Work OS. Start your free two-week trial todayBring your WiFi up to speed with Orbi WiFi 6 from NETGEAR. Save 10% with promo code BILLION10Get three months free when you protect yourself with ExpressVPN, the VPN we trust to keep us private onlineGet into a topic quickly, find new topics, and figure out which books you want to spend more time listening to more deeply with Blinkist. Get 25% off and a 7-day free trial todaySimplify working with multiple freelancers, set budgets, and manage projects with ease with Fiverr Business. Get 1 free year and save 10% on your purchase on with promo code INVESTORSUncover thousands of business ideas and discover the steps you need to execute with My First Million. Search My First Million on your podcast appTeach kids good money habits the fun and easy way with GoHenry's debit card for kids and app for parents. Get one free month with promo code WSBSupport our free podcast by supporting our sponsorsHELP 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!

On today’s show, Stig Brodersen talks with famous value investor Mohnish Pabrai. They explore Mohnish Pabrai's new investment framework and how retail investors can clone it.IN THIS EPISODE, YOU'LL LEARN:Why 2020 has been the year where Mohnish Pabrai learned the most since he found Warren Buffett in 1994Why the Spawning framework is, and why it’s better than buying back sharesWhere Mohnish would like to add to his circle of competence with no time costWhy watching paint dry is the core of being a great investorHELP 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!BOOKS AND RESOURCESLearn more about Mohnish Pabrai’s Dakshana FoundationMohnish Pabrai’s websitePeter Kaufman’s book, Poor Charlie’s Almanack Our interviews with Mohnish Pabrai about value investing and philanthropy Our interviews with Mohnish Pabrai about value investingGuy Spier’s thoughts on Seritage Growth PropertiesOur interview with William Green about Mohnish Pabrai and much more. Buy William Green´s book, Richer, Wiser, HappierWhether you’re a small office sending out invoices, an online seller shipping out orders, or even a giant warehouse sending thousands of packages a day, handle it all with ease with Stamps.com. Use the promo code WSBJoin OurCrowd and get to invest in medical technology, breakthroughs in ag tech and food production, solutions in the multi-billion dollar robotic industry, and so much more. Take your business to the next level by hiring the right people with ZipRecruiterGet three months free when you protect yourself with ExpressVPN, the VPN we trust to keep us private onlinePush your team to do their best work with Monday.com Work OS. Start your free two-week trial todayHave everything you need to grow online with Squarespace. Use code WSB to save 10% off your first website or domain purchaseFind opportunities to help diversify your portfolio with investments in alternative asset classes with minimums starting at $1,000 with YieldstreetCheck out Kraken's industry-leading staking service, where you can put your crypto to work for you and earn up to 20% in additional rewards annuallyFollow other investors, discover companies to believe in, invest with any amount of money with Public.com. You’ll even get a free slice of stock when you joinBrowse through all our episodes (complete with transcripts) hereSupport our free podcast by supporting our sponsors

Episode ResourcesFollow Robert on Instagram DMGet a FREE audiobook from AudibleAdam Mead’s book The Complete Financial History of Berkshire HathawayMead Capital Management website The Oracle’s Classroom YouTube channel Stig Brodersen and Preston Pysh’s book Warren Buffett Accounting Book Peter Kaufman’s book Poor Charlie’s Almanack Benjamin Graham’s book The Intelligent InvestorAll of Robert’s favorite booksSupport our free podcast by supporting our sponsorsRead this episode’s transcript and full show notes on TIP.Connect with Adam Mead: Website | Twitter | LinkedIn | Facebook Connect with Robert: Website

Ever wanted to know how Mark Cuban, Richard Branson, and Warren Buffett seem to invest with ease? Or how you can leverage and measure your risk to make billionaire financial decisions?On this episode, Stig Brodersen – investor, teacher, and host of the popular We Study Billionaires podcast – brings you his distilled wisdom on success, mindset, the stock market, and the 3 universal traits shared by ultra-elite investors (and no, they don’t include flying first class or eating copious amounts of caviar).Early on in his story, Stig found himself dissatisfied with his job and needing a change. So, he did what any rational person would do, and began studying billionaires starting from the top of the Forbes 400 list. He didn’t get far before he “found his fire,” discovering passion and community in studying the stock market and the most heralded investor of all time: Warren Buffett.He has since interviewed hundreds of guests on his podcast, and unearthed countless pearls of wisdom that he shares with you in this episode.You might be thinking: “They’re interviewing a stock market investor on a real estate podcast?” Yes, and any real estate investor could learn a thing or two!As a practiced student of the financial markets, Stig calls out all-too-common mistakes made by new investors, and shares a blueprint for you to use to determine if and how to get started in the markets, regardless of experience.In This Episode We Cover:The 3 timeless traits of billionairesWhy real estate investors should “cross-train” in the stock marketAssessing best- and worst-case scenariosWhy you need to "resonate" with your chosen asset classWhy real estate is an asymmetric bet with high reward for relatively small riskHow to get into investing in the stock market with little-to-no experienceCommon mistakes of new stock market investorsHow a BiggerPockets member saved Stig's life on an overseas trip (really!)Links from the ShowBiggerPockets PodcastThe Investor's Podcast Network's list of best investing podcastsThe Investor Podcast NetworkClick here to check the full show notes: https://www.biggerpockets.com/show415

https://www.biggerpockets.com/show415 Ever wanted to know how Mark Cuban, Richard Branson, and Warren Buffett seem to invest with ease? Or how you can leverage and measure your risk to make billionaire financial decisions? On this episode, Stig Brodersen – investor, teacher, and host of the popular We Study Billionaires podcast – brings you his distilled wisdom on success, mindset, the stock market, and the 3 universal traits shared by ultra-elite investors (and no, they don’t include flying first class or eating copious amounts of caviar). Early on in his story, Stig found himself dissatisfied with his job and needing a change. So, he did what any rational person would do, and began studying billionaires starting from the top of the Forbes 400 list. He didn’t get far before he “found his fire,” discovering passion and community in studying the stock market and the most heralded investor of all time: Warren Buffett. He has since interviewed hundreds of guests on his podcast, and unearthed countless pearls of wisdom that he shares with you in this episode. You might be thinking: “They’re interviewing a stock market investor on a real estate podcast?” Yes, and any real estate investor could learn a thing or two! As a practiced student of the financial markets, Stig calls out all-too-common mistakes made by new investors, and shares a blueprint for you to use to determine if and how to get started in the markets, regardless of experience.   Check the full show notes here: https://www.biggerpockets.com/show415

If you listen to financial podcasts, you’re probably already familiar with Stig Brodersen. The co-founder of The Investor’s Network, he hosts “We Study Billionaires”, one of the most popular investing shows out there. We talked about his approach to investing, the markets he focuses on, how he looks at diversification, and why he’s keeping a close eye on “unloved banks”.

On today's show, we're happy to chat with our very own Stig Brodersen. Stig is a value investor, business owner, and international bestselling author. His podcast We Study Billionaires has over 30 million+ downloads and has been recognized as the #1 ranked stock investing podcast in the world with awards such as: #1 stock investing podcast on iTunes #1 stock investing podcast on Google #1 investing podcast by CNBC #1 investing podcast by Business Insider     In this episode, you'll learn: How does a podcast host build a relationship with advertisers for their shows? How do analytics play a part in podcasting? What are the struggles with having the core team in another country? How can one make a career out of podcasting?     BOOKS AND RESOURCES Download yourfree audiobook at Audible. Talk to Stig Brodersen on Twitter Follow Stig Brodersen on LinkedIn Get the latest updates on We Study Billionaires by The Investor's Podcast Network on Facebook   CONNECT WITH SHAWN:   https://linktr.ee/ShawnflynnSV   Shawn Flynn's Twitter Account Shawn Flynn's LinkedIn Account Silicon Valley LinkedIn Group Account Shawn Flynn's Facebook Account Email Shawn@thesiliconvalleypodcast.com

In this episode, you'll learn:What is happening in the stock market right nowHow Preston and Stig are positioned in the marketWhether the US is falling into the same liquidity trap as Japan.Pros and cons of fiat currenciesStock market similarities and differences to 1929Ask The Investors: How do I avoid catching a falling knifeBOOKS AND RESOURCES MENTIONED IN THIS EPISODECheck out the momentum tool that Preston and Stig created for the TIP Community that predicted the crash in the stock market. TIP Finance also gives you access to our filter tool for the cheapest companies in the US.Subscribe to our newsletters about the current market conditionsLink to Preston’s series of tweets that showed the momentum status on indexesYuval Noah Harari’s book, Sapiens, recommended by Guy Spier and Stig - Read reviews of this book.Preston’s pitch of Biogen and Stig’s pitch of Allstate the Mastermind Meeting 4th quarter 2019.Discover CMC Markets, the ultimate platform for online trading on mobile and desktop.Capital One. This is Banking Reimagined.Get a FREE book on how to systematically identify and follow market trends with Top Traders Unplugged. Solve your long list of must-reads once and for all with Blinkist.Earn unlimited 1% cash back with Radius Bank. Get a $50 sign on bonus with promo code “TIP”.The brand new season of Billions is now streaming only on Stan. Start your 30 day free trial today!

On today’s show, we’re happy to chat with our very own Stig Brodersen. Stig is a value investor, business owner, and international bestselling author. His podcast We Study Billionaires has over 30 million+ downloads and has been recognized as the #1 ranked stock investing podcast in the world with awards such as:#1 stock investing podcast on iTunes#1 stock investing podcast on Google#1 investing podcast by CNBC#1 investing podcast by Business InsiderIn this episode, you’ll learn:How does a podcast host build a relationship with advertisers for their shows?How do analytics play a part in podcasting?What are the struggles with having the core team in another country?How can one make a career out of podcasting?Help us out!Help us reach new listeners by leaving us a rating and review! 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!Tweet your comments about this episode directly to Shawn Flynn and the rest of The Investor’s Podcast Community using #TIPSiliconValley.BOOKS AND RESOURCESDownload your free audiobook at Audible.Talk to Stig Brodersen on TwitterFollow Stig Brodersen on LinkedInGet the latest updates on We Study Billionaires by The Investor’s Podcast Network on Facebook GET IN TOUCH WITH SHAWNShawn Flynn’s Twitter AccountShawn Flynn’s LinkedIn AccountSilicon Valley LinkedIn Group AccountShawn Flynn’s Facebook AccountEmail: Shawn@TheInvestorsPodcast.com

"It's embarrassing!"Welcome to episode 5 of Entrepreneurs Can Party! In this episode, I'll be sharing three questions which can really stretch you in 2020 & make this your best year yet! Key Points:"How am I complicit in creating conditions that I say I don't want?" (3:58) - Tim Ferriss, host of The Tim Ferriss Show​. He continues one of my favourite podcasters & entrepreneurs. Quitting my job and leaving home (4:35)"How can I do 'X' 20 times better?" (8:06) - Jesse Itzler, New York Times best-selling author & entrepreneur. This question featured on The Investors Podcast, hosted by the fantastic Preston Pysh & Stig Brodersen​.Making my podcast 20 times better (9:02)"What would 100% effort look like?" (11:11) - Lana Dingwall, a successful business coach & host of Changing the Story podcast. I was delighted to bring Lana onto Entrepreneurs Can Party in episode 2!​My embarrassing progress on learning Spanish (11:58)BONUS QUESTION: "What did you fail at today?" (13:23)- Sara Blakely, inspiring business leader & founder of Spanx.Gary Vee turned down Uber. Twice. (14:27)Be sure to follow me on Instagram @entrepreneurscanpartySubscribe to the podcast on Apple Podcasts, Spotify, Overcast, Stitcher or wherever you listen to your favourite podcasts!​If you haven't already, please subscribe and review the podcast on Apple Podcasts!

Today's show is co-hosted by my colleague, Stig Brodersen, from the popular podcast, We Study Billionaires. Stig and I talk with Brian Portnoy, the director of Education at Magnetar Capital, a $13 Billion hedge fund and the author of The Geometry of Wealth: How to Shape a Life of Money and Meaning. Brian explores the role of money in a happy life.IN THIS EPISODE, YOU'LL LEARN:The role of meaning in a happy lifeThe difference between experienced happiness and reflective happinessWhat changes when you reach, roughly, $75,000 in annual incomeHow to avoid the hedonic treadmillHow to underwrite a meaningful lifeWhat is funded contentment, and how can we apply it to our livesHELP US OUT!Help us reach new listeners by leaving us a rating and review! 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!BOOKS AND RESOURCESBrian Portnoy's The Geometry of Wealth: How to Shape a Life of Money & MeaningBrian Portnoy's The Investors Paradox: The Power of Simplicity in a World of Overwhelming ChoiceAngus Deaton and Daniel Kahneman's High income improves evaluation of life but not emotional well-beingBrian Portnoy's Website: Shaping WealthCapital One.This is Banking Reimagined.CONNECT WITH BRIAN PORTNOYBrian's Twitter AccountBrian's LinkedIn AccountGET IN TOUCH WITH SEAN MURRAYSean's Twitter AccountSean's LinkedIn AccountEmail: Sean@TheInvestorsPodcast.comWebsite: RealTime Performance, Inc.Weekly Newsletter: RealTime Performance NewsletterRead the full transcript and show notes on: https://www.theinvestorspodcast.com/the-good-life/See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Outsourcing podcast Get the full show notes for this outsourcing podcast here:outsourceaccelerator.com/263   Stig Brodersen Today I am super excited to be joined by Stig Brodersen of the 'We Study Billionaires' podcast. Their podcast has over 13 million downloads. It ranks number one for investment podcast, and their tip community has a huge following across the globe. Stig lives in Denmark and his co host Preston lives in the US. However, their entire production team is based here in the Philippines, which makes me really proud that such a high calibre podcast is not only being produced but pretty much run from here in the Philippines. So Stig is here in Manila, visiting his team and holding a few meetups with their tip community. I took this opportunity to explore his thoughts on Philippines outsourcing and for Stig to share some of his own experiences with outsourcing for his burgeoning media empire.   References: We Study Billionaires podcast outsourceaccelerator.com/263   Start Outsourcing Outsource Accelerator can help you transform your business with outsourcing. Get in touch now, or use one of the resources below.   Business Process Outsourcing Get a Free Quote - Connect with 3 verified outsourcing experts & see how outsourcing can transform your business Book a Discovery Call - See how Outsource Accelerator can help you enhance your company's innovation and growth with outsourcing The Top 40 BPOs - We have compiled this review of the most notable 40 Business Process Outsourcing companies in the Philippines Outsourcing Calculator - This tool provides you with invaluable insight into the potential savings outsourcing can do for your business Outsourcing Salary Guide - Access the comprehensive guide to payroll salary compensation, benefits, and allowances in the Philippines Outsourcing Accelerator Podcast - Subscribe and listen to the world's leading outsourcing podcast, hosted by Derek Gallimore Payoneer - The leading global B2B payment solution for the outsourcing industry   About Outsource Accelerator Outsource Accelerator is the world’s leading outsourcing marketplace and advisory. We offer the full spectrum of services, from light advisory and vendor brokerage, though to full implementation and fully-managed solutions. We service companies of all sectors, and all sizes, spanning all departmental verticals. Outsource Accelerator’s unique approach to outsourcing enables our clients to build the best teams, access most flexible solutions, and generate the best results possible. Our unrivaled sector knowledge and market reach means that you get the best terms and results possible, at the best ALL-IN market-leading price - guaranteed.   About Derek Gallimore Derek’s blend of extensive international business and travel experience means that outsourcing came relatively naturally to him. Derek has been in business for over 20 years, outsourcing for over seven years, and has lived in Manila, Philippines – the world’s outsourcing capital – for over five years. Outsourcing is one of the biggest game-changing opportunities presenting both business, and the world today! Derek is passionate about spreading this message and encourages as many people to properly investigate the possibilities. Book a call with the OA team now -> https://outsourceaccelerator.com/meet-consult/

On today’s show, I talk with Stig Brodersen. Stig is Co-Founder and Co-Host of We Study Billionaires by The Investor’s Podcast Network, a best-selling author, and a former college professor. He has successfully grown We Study Billionaires to the #1 stock investing podcast in the world, while building a platform that is also a leading authority in stock investing.IN THIS EPISODE YOU'LL LEARN:How to pick a brokerage company to invest withWhat stocks, ETFs, mutual funds, bonds, commodities, and options areDifferent investment strategies that can be implementedHow to actually buy and sell stocks and fundsHow and why compounding is so important for millennial investorsHow to keep your emotions in check and set realistic expectationsTweet your comments about this episode directly to Robert and join the conversation with the rest of the Millennial Investing & The Investor’s Podcast Network community. Be sure to include “#MI001” in your tweet!HELP US OUT!Help us reach new listeners by leaving us a rating and review! 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!BOOKS AND RESOURCESHow to buy a stock or ETF – Step-by-step Guide for RobinhoodHow to buy a stock or ETF – Step-by-step Guide for Fidelity InvestmentsMoney Under 30 Compounding ExampleDownload your free audiobook at AudibleRamit Sethi’s book I Will Teach You To Be Rich (I originally thought this book was a scam, too, but I gave it a shot and it’s actually GREAT)John Bogle’s book The Little Book of Common Sense InvestingGuy Spier’s book The Education of a Value InvestorMohnish Pabrai’s book The Dhandho Investor: The Low-Risk Value Method to High ReturnsGET IN TOUCH WITH OUR GUESTTalk to Stig Brodersen on TwitterFollow Stig Brodersen on LinkedInGet the latest updates on We Study Billionaires by The Investor’s Podcast Network on FacebookGET IN TOUCH WITH ROBERTInstagram | LinkedIn | Twitter | FacebookEmail: Robert@TheInvestorsPodcast.com

The Intelligent Investor – How to conduct value investing today? This summer, on 6-8 of July we held Estonian Investment Festival. 27 speakers joined us to share their knowledge with more than 340 attendees, in aggregate. LHV Investment Stage was the main stage where we hosted speakers who held the most interesting speeches and panel discussions. All of the speakers talked from their own experiences about investing, entrepreneurship and self growth. Investment Festivals keynote speaker, who flew in all the way from South Korea, Stig Brodersen. Stig Brodersen has studied Business Analysis at Harvard University and is a former college professor. Before Stig took up stock investing, he worked for one of Europe’s leading energy trading companies. Stig is living out his dream of creating educational finance content for The Investors Podcast community and running the investment company Stig Brodersen Holding. Stig talked about how to conduct value investing in today’s market based on principles from well famous investment book – The Intelligent Investor. Sources mentioned in the recording: The Investors’ Podcast – www.theinvestorspodcast.com Stig Brodersen – stigbrodersen.com The Intelligent Investor – www.amazon.com Investment Festival 2018 – investeerimisklubi.ee/investeerimisfestival Recorded: July 2018 Find us: Webpage - www.investeerimisklubi.ee Facebook - www.facebook.com/Investeerimisklubi Podcast - @investeerimisklubi Instagram - www.instagram.com/investeerimisklubi

My story of becoming a value investor This summer, on 6-8. July we held Estonian Investment Festival. There were over 27 speakers and 340 attendees. Redgate Capital Financial literature stage hosted 6 speakers who all shared their experiences from investing and entrepreneurship. One of the 6 speakers was Stig Brodersen. Stig Brodersen has studied Business Analysis at Harvard University and is a former college professor. Before Stig took up stock investing, he worked for one of Europe’s leading energy trading companies. Stig is living out his dream of creating educational finance content for The Investors Podcast community and running the investment company Stig Brodersen Holding. Resources mentioned in the recording: www.theinvestorspodcast.com – The Investors Podcast stigbrodersen.com – Stig Brodersen investeerimisklubi.ee/investeerimisfestival – Investment Festival 2018 Recorded: July 2018 Find us: Webpage - www.investeerimisklubi.ee Facebook - www.facebook.com/Investeerimisklubi Podcast - https://soundcloud.com/investeerimisklubi Instagram - www.instagram.com/investeerimisklubi

Täna jagame teiega külalispodcasti Äripäeva Raadio'lt, kus külaliseks oli InvesteerimisFestivali peaesineja Stig Brodersen! Muu hulgas heitis ekspert pilgu ka investor Toomase portfellile. Kus ilmus: https://www.aripaev.ee/saated/2018/07/09/investor-toomase-tund Kuna ilmus: 10. juuli 2018 Leia meid: Kodulehelt - www.investeerimisklubi.ee Facebookis - www.facebook.com/Investeerimisklubi Instagramis - www.instagram.com/investeerimisklubi

In this episode, you'll learn:Why 100 days of rejections is the best thing that could ever happenWhy the smartest people always ask “why” before they say goodbyeHow and why you should also ask for a small favor after every rejectionWhy rejections are a numbers game, and often as nothing to do with youClick here to get full access to our show notes.

Stig Brodersen, host of The Investors Podcast, joins Doug on this episode to discuss exactly what gives a stock its value. Many times people are shocked are by an expert’s valuation of a home, a car, or other personal item. The reason behind the surprise of a professional evaluation is because folks’ emotional attachment to items tend to inflate their value. Follow Stig and Doug’s discussion to learn why stocks value reflect investor expectations. Stig offers guidance about how to take the emotional component out of stock and investment selection. He also explains why a stock’s value increases/decreases and why people are willing to pay more when a money manager is involved. Are you ready to retire early? Doug discusses early retirement. Even if you want to retire early, should you? And if so, what do you need to do to make sure you have enough money? He answers the last question with two suggestions to change your investing habits in order to maximize chances of financial success. You can follow Stig Brodersen at The Investors Podcast and on twitter at @stig_brodersen If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book.

Stig Brodersen co-hosts the Investors Podcast, a show that studies billionaires and talks about books they read while interviewing people they like to interact with. Stig says it isn’t complicated to invest in stocks, “but it’s definitely time consuming, and Read more › The post How To Pick Winning Investments with Stig Brodersen – MTI142 appeared first on Money Tree Investing Podcast.

Advice from a former trader on trading Episode 26 of the Desire To Trade Podcast features Stig Broderson, the co-host of The Investors Podcast - We study billionaires, which was featured in The Podcasts I Follow To Become A Better Trader. Stig During graduate school, he co-founded a consultancy firm, providing clients with legal and financial advice relating to personal finance. Upon graduation Stig sold his shares in the firm to become a commodities trader in one of Europe’s leading energy trading companies. Now, Stig works as a college professor teaching a variety of courses including financial accounting, investment and economics. He also owns the investment company Stig Brodersen Holding. What’s covered in the podcast? How it is to trade electricity How to make investing (or trading) work for you Why the mindset you have changes everything The books you must read (to become a billionaire) And so much more... Show notes: http://www.desiretotrade.com/dttp-026-advice-from-a-former-trader-current-investor/ Get your FREE Price Action Checklist: http://www.desiretotrade.com/complete-price-action-checklist/ Power Trader: http://www.desiretotrade.com/powertrader/ Enjoy the day!

Ep141 Stig Brodersen holds a master’s degree in Finance, has studied Business Analysis at Harvard University, and he’s the co-founder of the BuffettsBooks.com educational site. During graduate school Stig co-founded a consultancy firm, providing clients with legal and financial advice relating to personal finance. Upon graduation Stig sold his shares in the firm to become a commodities trader in one of Europe’s leading energy trading companies. Now, Stig works as a college professor teaching a variety of courses including financial accounting, investment and economics. Stig also owns the investment company Stig Brodersen Holding. YOUR $100: Remember to subscribe to the show on itunes then text the word "nathan" to 33444 to confirm that you've done it to enter to win $100 every Monday on the show. Do this now. Stop reading this and do it! Click here to join the top tribe and instantly learn how Nathan made his first $10k at 19 years old: http://nathanlatka.com/startertribelive 3 Key Points: “If you can’t be the person that you really are [in a workplace], you should leave for the sake of everyone.” “Success is probably the simplest thing in the world. You just have to do the same thing as successful people and then stop doing the same thing that unsuccessful people are doing.” Being a commodities trader is a strenuous, long hour job that pays a lot of money. Episode Notes:  01:00 – Nathan’s introduction to today’s show 02:00 – Stig joins the show 02:27 – “Always be good to other people.” – Easy to say, hard to practice 03:56 – Million monkeys flipping coins, one should be lucky – a Warren Buffet metaphor 04:40 – Stig quit his job as a commodities trader to teach and run a podcast 05:23 – Being a commodities trader involves working very long hours 06:08 – A trader gets a base salary and a bonus which is usually more appealing than the base salary 06:49 – Stig made between 200K and 400K on his base salary as trader 07:25 – As a trader, Stig dealt in energy like stocks. He started in 2011 and quit in 18 months 08:43 – “If you can’t be the person that you really are, you should leave for the sake of everyone.” 09:09 – Luckily, Stig didn’t struggle with paying rent or food in his off period 09:47 – His living expenses per month was a few thousand dollars 10:25 – Something that stuck with Stig: “Success is probably the simplest thing in the world. You just have to do the same thing as successful people and then stop doing the same thing that unsuccessful people are doing.” 11:31 – Nathan and Stig discuss audio equipment 12:46 – Stig makes money in Denmark teaching making 6-7K a month   13:51 – Stig discusses his podcast and having a co-host 16:41 – Famous Five Related: Want to learn how to go from $0-$10k/mo in revenue fast? Join Nathan live on the Starter Tribe Beta free workshop. Famous 5 Favorite Book?— The Snowball – by Warren Buffet What CEO do you follow?— Warren Buffet What is your favorite online tool?— Boomerang Do you get 8 hours of sleep?— Often, but less on the weekends. If you could let your 20 year old self know one thing, what would it be?— Don’t worry Stig, you won’t be single for the rest of your life. Resources Mentioned: Growth Geeks – The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects The Investor’s Podcast – Stig Brodersen’s podcast The Snowball: Warren Buffet and the Business of Life – Book Stig stands by Tap Dancing to Work – Another book Stig stands by Eddy Communications – Nathan’s audio/studio team Want to learn how to go from $0-$10k/mo in revenue fast? Join Nathan live on the Starter Tribe Beta free workshop. Listen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! Join the Top Tribe at http://NathanLatka.com/TheTop The Top is FOR YOU if you are: A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4) STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7) An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1) The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14). Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.   Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that's like an audio version of Pat Flynn's monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop