TIP 061 : Billionaire Charlie Munger with Tren Griffin (Business Podcast)

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

Stig Brodersen

Business, Education, Investing

4.6 • 3.6K Ratings

🗓️ 22 November 2015

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: The top three things Charlie Munger has contributed to Warren Buffett’s evolution? Why Charlie Munger doesn’t look at macroeconomics when he invest in stocks, and whether or not it’s a blind spot Tren Griffin’s most memorable story about Charlie Munger The secrets behind the moat of Charlie Munger’s recent stock purchases What “lollapalooza” is, and why Charlie Munger thinks the concept is vital for understanding the stock market…and Tupperware parties! Ask the Investors: Why has Warren Buffett invested in IBM? BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Tren Griffin’s book, Charlie Munger: The Complete Investor – Read reviews of this book. Robert Hagstrom’s book, The Warren Buffett Way – Read reviews of this book. Seth Klarman’s book, Margin of Safety – Read reviews of this book. Howard Marks’ book, The Most Important Thing – Read reviews of this book. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: ⁠HardBlock⁠ ⁠Human Rights Foundation⁠ ⁠Plus500⁠ ⁠Netsuite⁠ ⁠Shopify⁠ ⁠Vanta⁠ 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 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 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. 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Transcript

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0:00.0	We study billionaires and this is episode 61 of the Investors Podcast.
0:04.0	Broadcasting from Bel Air, Maryland.
0:08.0	This is the Investors Podcast.
0:12.0	They'll read the books and summarize the lessons.
0:16.0	They'll test the waters and tell you what it's called.
0:19.0	They'll give you actionable investing strategies.
0:22.0	Your host Preston Pish and St. Broderson.
0:26.0	Hey, how's everybody doing out there?
0:30.0	This is Preston Pish and I'm your host for the Investors Podcast.
0:34.0	And as usual, I'm a company by my co-host St. Broderson, out in Denmark.
0:38.0	On today's show, we have a really fantastic guest that's going to be talking to us about
0:42.0	Warren Buffett's billionaire vice chairman, Charlie Munger.
0:46.0	And for many value investors, Charlie Munger is one of the most intriguing personalities
0:50.0	because he's truly Warren Buffett's right hand man
0:54.0	he's just full of generous amounts of humor.
0:57.0	One of the leading experts on Charlie Munger is our guest today and that his name is Tren Griffin.
1:03.0	And Tren is the founder of the awesome value investing website called 25 IQ.
1:09.0	Tren is also an executive at Microsoft but on his time off and his free time
1:14.0	he loves blogging and talking about everything value investors treasure
1:18.0	and that's information about people like Warren Buffett and Charlie Munger.
1:22.0	So Tren just recently wrote a book and the book is titled Charlie Munger, the Complete Investor.
1:28.0	I've read this book Stig, I know you've read this book, I thoroughly enjoyed it Tren.
	...

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