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InvestED: The Rule #1 Investing Podcast

84- Guy Spier on Investing, Research, & Management

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Business, Investing

4.61.6K Ratings

🗓️ 15 November 2016

⏱️ 34 minutes

🧾️ Download transcript

Summary

We're excited to introduce our first SPECIAL GUEST, GUY SPIER, a 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. For show notes and more information, visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi everyone and welcome to Invested the Rule 1 podcast. I'm Danielle Town. As part of our

0:06.5

Back to Basic series, my dad and I had the great pleasure of having our first guest

0:11.1

ever on our podcast.

0:13.0

And we started off with someone

0:14.2

we were both absolutely thrilled to get to talk to.

0:17.5

Guy Spear.

0:18.9

Guy is a value investor, a hedge fund manager,

0:21.9

and author of a book called Education of a Value Investor, which I've mentioned many times on this podcast.

0:28.0

We sat down with Guy and we had such a good time that our discussion went on longer than the time we had for just one

0:34.2

episode. So we're splitting this into three episodes. In this first episode of our interview

0:40.0

with Guy, we discuss his experience with the bankruptcy of horsehead holdings, how he researches

0:45.4

company management, and why he refuses to give investing advice.

0:50.1

I think you'll enjoy it. Hey everybody, this is Phil Town.

0:58.0

This is Danielle Town.

0:59.0

And we're here for the podcast Invested.

1:02.0

Where we discuss Rule 1 Invest and Warren Buffett a lot.

1:05.7

And Charlie Mumbra and Charlie. And I'm sure all of you are just who have been listening

1:10.1

this have memorized everything Charlie has said by now.

1:15.0

So we thought we'd play it again.

1:17.0

Well, yeah, so we took a little break last week to talk about election stuff.

1:21.0

But now we're back to basics again, Dad. We are. Not only are we back to

1:25.0

basics, but we're in Zurich, Switzerland. We're in Zurich together.

...

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