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InvestED: The Rule #1 Investing Podcast

111- From the Vault: Guy Spier's Thoughts on the Future and Finding Inspiration

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Business, Investing

4.61.6K Ratings

🗓️ 23 May 2017

⏱️ 43 minutes

🧾️ Download transcript

Summary

For show notes and more information, visit www.investedpodcast.com This week on our from the vault episode, we wrap up our review of value investing basics with Hedge Fund manager and author of Education of a Value Investor, Guy Spier. We’ll ask Guy who he looks to for inspiration and discuss the fear that can accompany buying stock. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey everybody and welcome to Invested. I'm Danielle Town. This is the last week of our short hiatus.

0:06.6

My dad and I are taking a little break because we're working on something for you all that we're going to announce just as soon as we possibly can.

0:13.0

This is the last episode of our replay from the vault of our interview with Value Investor Guy Spear.

0:20.0

We'll be back next week with a new episode to go over everything that happened at the recent

0:24.8

Berkshire Hathaway annual shareholder meeting.

0:27.7

I want to talk about tech stocks in particular when we come back because Buffett had some

0:31.8

comments on them.

0:32.8

He's notoriously avoided tech stocks for many years.

0:37.2

And I think it's time we start taking them seriously.

0:40.7

Buffett mentioned that he actually missed out on Amazon, and he had some thoughts about that.

0:45.8

So check out the news about what he said at the shareholder meeting, and we will discuss it next week.

0:52.2

Can't wait, looking forward to it.

0:53.9

So here's Guy and Joy, and we'll be back next week.

0:57.3

Bye guys.

0:58.0

You start off

1:04.0

off saying it's okay we can paint finals you start off saying I don't know a damn thing about this

1:11.3

and I'm scared stuff exactly exactly connect a damn thing about this. Exactly. Exactly.

1:13.4

Exactly.

1:14.3

Connect to that emotion and be aware of it and don't pretend that you do know something about it because that...

1:21.4

Are you saying that you as a professional

1:23.4

investor feel scared? Yes, absolutely. And I feel ignorant a lot of the time. So and it's not okay to say it yeah that's that's

1:40.1

insane and I say it for everyone.

...

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