RWH010: High-Performance Habits w/ Guy Spier (Part 2)

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Business, Education, Investing

4.6 • 3.6K Ratings

🗓️ 10 July 2022

⏱️ 77 minutes

🔗️ Recording | iTunes | RSS

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Summary

IN THIS EPISODE, YOU'LL LEARN: 00:02:04 - How Guy Spier deals with the many competing demands on his time and energy. 00:03:07 - Why it’s vital to have clarity about your life mission and to structure your life around it. 00:09:00 - Why it’s helpful to write your own obituary or funeral speech. 00:09:59 - What strategies help Guy to focus better and handle the challenge of having ADHD. 00:11:53 - How to construct an environment that enables you to think calmly and deeply. 00:26:22 - How Guy structures his reading and why he routinely sends notes to his “future self.” 00:30:43 - Why he owns a minuscule quantity of about 100 stocks. 00:32:28 - Why he believes the real key to learning is to nurture relationships with the right people. 00:37:04 - What guiding principles help him to decide how to manage his time. 00:40:06 - Why he reads great novels and studies mathematics, instead of living a narrower life. 00:45:48 - What you should optimize for in life. Hint: it’s not money. 00:54:47 - What advice Guy has on how to compound goodwill. 01:03:07 - Why the best path to success and happiness is to focus heavily on lifting up other people. 01:15:36 - What he learned from Jordan Peterson about the unexpected power of telling the truth. *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Related Episode: Part 1 of William Green's interview with Guy Spier - How to Build Enduring Wealth - RWH009. Stig and Preston interview Guy Spier about his book, “The Education of a Value Investor.” Stig and Preston interview Guy Spier about his $650,100 lunch with Warren Buffett. Guy Spier’s book, “The Education of a Value Investor" – Read reviews of the book. Subscribe to Guy Spier’s free newsletter. Guy Spier’s podcast and website. Guy Spier interviews William Green about his book, “Richer, Wiser, Happier.” William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book. William Green’s Twitter. Our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Check out our favorite Apps and Services. SPONSORS Support our free podcast by supporting our sponsors: Bluehost Fintool PrizePicks Vanta Onramp SimpleMining Fundrise TurboTax HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

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0:00.0	You're listening to TI-P.
0:03.0	Hi folks, welcome to part two of my conversation with Guy Spear.
0:07.3	If you didn't get a chance to listen to part one already, you may want to listen to that
0:11.2	episode first.
0:12.2	As I'm sure you know by now, Guy is the manager of the Aquamarine Fund, and the author of
0:17.7	a wonderfully candid memoir titled The Education of a Value Investor.
0:22.6	He's beaten the market by a significant margin over the last 25 years, which is a rare
0:27.4	and impressive feat given just how difficult it is to outperform over really long periods
0:33.2	of time.
0:34.2	In this part of our conversation, we talk in depth about some of the high performance
0:38.4	habits that have helped Guy to build a successful investment career.
0:42.7	Among other things, he explains how he's created an environment in which he can think
0:46.9	calmly and deeply.
0:48.5	He talks about various strategies that have helped him to focus, despite the challenge
0:52.5	of having ADHD.
0:54.7	He explains how he structures his life around a clear and defined mission, how he nurtures
0:59.8	the right relationships, and why he's so committed to being radically truthful.
1:04.7	We also discuss his belief that the best part to success and happiness is to focus heavily
1:09.7	on lifting up other people.
1:11.8	Thanks so much for joining us.
1:13.2	I hope you enjoy this episode.
1:14.8	You're listening to The Richer, why is our happier podcast, where your host, William Green,
	...

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