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We Study Billionaires - The Investor’s Podcast Network

RWH006: Master Your Mind w/ Arnold Van Den Berg

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.63.6K Ratings

🗓️ 10 May 2022

⏱️ 130 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN

  • 00:05:14 - How a teenage girl saved Arnold Van Den Berg’s life during the Holocaust.
  • 00:08:54 - How he learned to live a life guided by principles and the search for truth.
  • 00:24:51 - What his father taught him about the extraordinary power of the mind.
  • 00:42:37 - How Arnold transformed his body and mind to become a champion athlete.
  • 00:43:32 - Why “the single most important thing in life is what you believe.”
  • 00:44:39 - How Arnold taught himself to invest with no college degree or professional training.
  • 00:52:34 - What he learned from Ben Graham (and his own mother) about buying bargains.
  • 00:55:58 - Why the key to picking stocks is having the discipline to buy cheap.
  • 01:13:59 - How visualization helped him to become a successful money manager.
  • 01:18:28 - How to use hypnosis and affirmations to reprogram your subconscious mind.
  • 01:13:59 - What specific affirmation he repeats thirty times a day.
  • 01:58:11 - What advice Arnold has for people who are suffering now.


BOOKS AND RESOURCES

  • William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book.
  • Man’s Search for Meaning by Victor Frankl.
  • The Wisdom of Your Subconscious Mind by John Williams.
  • Think and Grow Rich by Napoleon Hill.
  • Molecules of Emotion by Candace Pert.
  • Healing Back Pain by John Sarno MD.
  • The Genie Within by Harry Carpenter.
  • Mind is the Master by James Allen, including “From Poverty to Power”.
  • The Dilbert Future by Scott Adams.
  • William Green’s Twitter.
  • Find Pros & Fair Pricing for Any Home Project for Free with Angi.
  • Buying or selling Gold is as easy as buying a stock with Vaulted. No minimum investment required.
  • Invest in the $1.7 trillion art market with Masterworks.io. Use promo code WSB to skip the waitlist.
  • Reclaim your health and arm your immune system with convenient, daily nutrition. Athletic Greens is going to give you a FREE 1 year supply of immune-supporting Vitamin D AND 5 FREE travel packs with your first purchase.
  • Find joy in comfort with Faherty. Use promo code WSB to snag 20% off all your new spring staples!
  • Every 28 seconds an entrepreneur makes their first sale on Shopify. Access powerful tools to help you find customers, drive sales, and manage your day-to-day. Start a FREE fourteen-day trial right now!
  • Push your team to do their best work with Monday.com Work OS. Start your free two-week trial today.
  • Send, spend and receive money around the world easily with Wise.
  • Instantly elevate your ketone levels with just one dose with Ketone-IQ, a drinkable ketone technology created by H.V.M.N and the US Military. The first 50 people to use the code ALPHA will get 20% off.
  • Get the most from your bitcoin while holding your own keys with Unchained Capital. Begin the concierge onboarding process on their site. At the checkout, get $50 off with the promo code FUNDAMENTALS.
  • Live local in Melbourne and enjoy $0 Stamp Duty*!
  • The interval fund, a breakthrough innovation. Only at Mackenzie.
  • Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with Avast One.
  • Balancing opportunity and risk? The golden answer can be literally gold! Start your investment journey today with Perth Mint.
  • Invest in crypto and trade it without tax headaches with AltoIRA.
  • Gain the skills you need to move your career a level up when you enroll in a Swinburne Online Business Degree. Search Swinburne Online today.
  • Design is already in your hands with Canva. Start designing for free today.
  • If you’re a sales professional, get every real time advantage you can get with Sales Navigator. Enjoy 60 days of free trial today.


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Transcript

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0:00.0

You're listening to TIP.

0:03.2

Welcome folks, I'm excited to introduce today's guest, Donald Vanemberg.

0:06.9

Donald is one of the most extraordinary people I've ever encountered.

0:10.5

As the founder of an investment firm called Century Management, he overcame tremendous

0:14.5

adversity to build an exceptional record as a money manager over the last four decades

0:19.0

or so.

0:20.0

That's a particularly amazing achievement given that he grew up in hiding in an orphanage

0:24.5

during the Holocaust.

0:26.0

He really made it through high school and taught himself to invest without any college

0:30.0

education or any formal training.

0:33.0

As you'll hear, his life story is absolutely riveting.

0:36.6

But what also makes Arnold stand out for me is it is such a likable, decent and generous

0:41.4

spirited person and he has this irrepressible enthusiasm for helping other people, including

0:47.5

me come to think of it that when I worked on my book Richer Wise A Happier, one of the

0:51.3

first things I did was travel to meet with him in Austin, Texas.

0:55.3

And before I left, he made sure to hypnotize me on the floor of his office so that he could

1:00.1

change the way I think and speak to myself.

1:03.2

I've regard Arnold really as a wonderful role model and mentor and a great example of

1:08.4

what it means to live a truly abundant life which obviously goes way beyond just financial

1:13.0

success.

1:14.2

In this episode, we don't talk that much about investing at all except mostly for a brief

1:18.6

discussion of why he bought energy stocks a couple of years ago when they were dirt

...

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