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InvestED: The Rule #1 Investing Podcast

109 - From the Vault: Guy Spier on Investing, Research, and Management

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Business, Investing

4.61.6K Ratings

🗓️ 9 May 2017

⏱️ 37 minutes

🧾️ Download transcript

Summary

For show notes and more information visit www.investedpodcast.com We're taking a short 3-week hiatus to work on something really special for you guys that we can't quite announce yet. We want to post a few of our favorite episodes from our talks with Guy Spier. We'll be back soon with new episodes. In this episode, we introduce our first special guest on InvestED, Guy Spier, Hedge Fund manager and author of Education of a Value Investor, for a special 3 part series covering value investing basics. This week we’ll cover how Guy researches a company’s management and why he never gives or takes advice on investing. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi everybody and welcome to Invested. I'm Danielle Town. We're taking a short break on our

0:06.2

podcast for three weeks because we want to replay our talk with Value Investor Guy Spear

0:11.8

and because my dad and I are working on something very exciting

0:14.8

these few weeks for you guys. We can't announce it quite yet but it's going to be

0:18.9

really useful for all of you so I hope you'll forgive us for this little hiatus and I've got these cool

0:25.0

episodes to show you. I think listening to Guy again will actually be useful as we go through

0:29.8

the next few months of figuring them out what to do in this market. We've been getting so

0:35.1

many great questions from you guys at our email address, questions at invested

0:40.1

podcast.com and many of them have been about the market. And I feel you, like I get it and I know and we're going to go deeply into it.

0:50.0

I think that if you listen to our talk with Guy again, even if you heard it already, he made some really interesting points that are even more prescient in hindsight.

0:59.5

So I really good

1:05.0

good time for a break because as you probably know it's been a really busy time in the

1:09.6

investing world the Berkshire Hathaway annual meeting was held at the end of last week and there's tons of news about it.

1:17.0

There's been a good write-up on the Financial Times blog that I recommend.

1:20.5

You can read it without being a subscriber.

1:23.0

And there are a lot of other really good write-ups

1:25.4

in newspapers and online.

1:27.8

So check those out if you did not watch the live feed,

1:30.6

which was also online.

1:32.4

The big headline seemed to be that Warren Buffett

1:34.3

said he missed investing in Google and Amazon because he hasn't understood

1:38.4

text stocks historically, and avoiding tech stocks is something my dad has mentioned a number of times.

...

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