Ancient Philosophers, Modern Investing Wisdom
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 10 September 2022
⏱️ 26 minutes
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| 0:00.0 | The main trait that I'm zeroing in on here is just kind of equanimity. |
| 0:06.0 | Never got too high, never got too low, and he did have a North Star that replaced just |
| 0:13.4 | profits, profits, profits, stock up, stock up, stock up, which was we are going to provide |
| 0:18.1 | the most sustainable benefit to our customers possible. |
| 0:21.4 | And if you look, that maps pretty closely with what the company did. |
| 0:30.6 | I'm Chris Hill, and that's Motley Fool contributor Brian Stofall, talking about former Costco CEO |
| 0:36.9 | Jim Synagol. |
| 0:38.5 | Today, Brian and Ricky Mulvey are serving up an introduction to stoicism, and how philosophers |
| 0:45.0 | from a few thousand years ago have practical advice for investors like us today. |
| 0:57.5 | We're beginning our journey into stoic philosophy and investing. |
| 1:00.7 | It's going to get heavy, but I think it can make you a better investor. |
| 1:04.0 | Joining us now is Motley Fool contributor Brian Stofall. |
| 1:06.0 | Thanks for being here. |
| 1:07.7 | Thank you for having me. |
| 1:08.7 | I'm really looking forward to this conversation. |
| 1:11.3 | Likewise, and before we scare everybody off by saying we're going to talk about stoicism |
| 1:16.0 | and grid our teeth through the pain, let's talk about what it is and what it isn't. |
| 1:20.8 | Yeah, so I think stoicism has a really rough name for itself. |
| 1:25.1 | You know, Bernay Brown is someone that I listen to all the time and I'm sure a lot of other |
| 1:28.6 | fools do too. |
| 1:30.1 | And she always talks about the thing you want to avoid is stoicism. |
| 1:33.2 | And for those who don't know where she's a very accomplished author and a licensed clinical |
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