How Billionaire Investors Win in Markets and Life | William Green

Marriage Kids and Money: Personal Finance for Families

Andy Hill

Investing, Business, Kids & Family, Parenting

4.9 • 604 Ratings

🗓️ 1 July 2025

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

What do the world’s greatest investors know that the rest of us don’t? In this episode, we sit down with William Green, author of Richer, Wiser, Happier, to uncover the timeless principles he's learned from interviewing legends like Charlie Munger, Howard Marks, and Bill Miller. Rather than chasing hot tips or quick wins, William reveals how traits like emotional control, simplicity, and avoiding big mistakes can help you build wealth—and a more meaningful life. We discuss the difference between gambling and investing, the wisdom of indexing for most families, and why subtracting noise can lead to clarity and success. Whether you're just starting out or well along your financial journey, this conversation offers valuable takeaways for life and money. If you want to become richer, wiser, happier, this episode with William Green is a must-listen. RESOURCES: ⁠⁠Sponsors + Partners + Deals⁠⁠ Richer, Wiser, Happier (book): https://amzn.to/4kkLq2e (affiliate) Chapters 00:00 – Timeless wisdom and survival in investing 01:00 – Introduction to William Green and his journey 03:30 – The surprising philosophical nature of top investors 06:00 – Learning from failure: The Bill Miller story 08:30 – The power of accepting impermanence (Mujo & Howard Marks) 11:30 – Gambling vs. investing: Lessons from a young William 14:30 – The Buffett playbook and indexing for most families 18:00 – The art of subtraction and simplifying your financial life 22:00 – Defining a rich life: Health, relationships, peace of mind 25:00 – Charlie Munger’s key principle: Invert, always invert 28:30 – How to survive financial storms: Diversify and avoid leverage 32:00 – Dogged incremental progress and being “number one-ish” 36:00 – William’s biggest takeaway from 25 years of interviews 38:00 – Where to find Richer, Wiser, Happier and his podcast MKM RESOURCES: ⁠⁠MKM Coaching⁠⁠: Want 1-on-1 support with your family finance journey? Book a time with me today. ⁠⁠Coast FIRE Calculator⁠⁠: A free calculator to help you find out when you can slow down or stop investing for retirement. ⁠⁠Mortgage Payoff Calculator⁠⁠: A free calculator to help you see how fast you can become mortgage free. ⁠⁠YouTube⁠⁠: Subscribe for free to watch videos of these episodes and interviews. RECOMMENDED RESOURCES (SPONSORS AND AFFILIATES): ⁠⁠Monarch Money⁠⁠ - Best Budget App for Families & Couples ⁠⁠Empower⁠⁠ - Free Portfolio Tracker ⁠⁠Crew⁠⁠ - HYSA Banking Built for Families - Get an Extra 0.5% APY with my partner link ⁠⁠Ethos⁠⁠ - Affordable Term Life Insurance ⁠⁠Trust & Will⁠ ⁠- Convenient Estate Planning HOW WE MAKE MONEY + DISCLAIMER: This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. CREDITS: Podcast Artwork: Kayli Johnson Editor: Johnny Sohl Podcast Support: Nev Maraj Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Abby's just woken up. It's 731 and she's forgotten to ring the doctor. There's no point
0:05.5	ringing now. She needs to get to work, but she's not worried. She's got an HSBC Premier bank account
0:10.5	with access to digital GP appointments plus two second opinions a year should she need them.
0:15.1	Everything's premier when your bank account is. Search HSBC Premier, HSBC UK, opening up a world of opportunity.
0:22.4	The doctor will see you now.
0:24.6	Apply with £100,000 annual income or £100,000 savings or investments with HSBC UK or Premier status abroad.
0:30.7	The future is unknowable, and yet there are ways that we can consciously stack the odds in our favour,
0:36.9	through different ways in which we
0:38.4	behave, right? So if you systematically behave in a dishonest, dishonorable way, or you systematically,
0:46.3	repeatedly take risks that you can't afford to take, you may get away with it, but time is the
0:51.9	enemy of that kind of stupidity.
1:01.4	Thank you. get away with it. But time is the enemy of that kind of stupidity. This show is dedicated to helping you, strengthen your family tree, and live financially free. Welcome to the
1:05.5	Marriage Kids and Money podcast, everybody. This is Andy Hill. And today we're talking about
1:09.6	life-changing lessons from the world's
1:12.4	greatest investors. To help us explore this topic in more depth, I've invited William Green to the
1:18.4	show today. William is the author of Richer, Wiser, Happier, How the World's Greatest Investors Win
1:24.4	in Markets and Life. In this landmark book, William draws on hundreds of hours of
1:30.5	interviews that he's conducted over the last quarter century with a pantheon of legendary investors.
1:36.9	Some of those names include Charlie Munger, Ed Thorpe, Sir John Templeton, Peter Lynch,
1:42.5	Jack Bogle, and Laura Garrett's. And many more shared their insights with William as well. And now we get the opportunity to learn from the author himself. Welcome to the show, William. Hi, thanks so much for having me, Andy. Delighted you to be here. Absolutely. Glad to have you and glad to learn from the knowledge you ascertained from these conversations. I think we
2:01.6	can all learn a lot. First of all, what inspired you to go on this writing journey, William?
2:05.7	Well, I wanted to be a writer probably from the age of about eight or nine. So I had always
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Andy Hill, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Andy Hill and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.