TIP129: Bill Gates' Book Recommendation - Mindset by Carol Dweck (Business Podcast)

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 11 March 2017

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN:

Why and how you should evolve from a fixed mindset to a growth mindset.
How ego stops your personal development and humility makes it grow.
Ask the investors: What would happen in the financial markets if everyone followed a value investing approach?
Ask the investors: How does Stanley Druckenmiller use momentum investing to beat the market?

BOOKS AND RESOURCES

Carol Dweck’s book, Mindset – Read reviews of this book.
Bill Gates’ endorsement of Mindset.
Preston and Stig’s first part interview with Dr. Wesley Gray about Quantitative Momentum.
Wesley Gray’s book, Quantitative Momentum – Read reviews of this book.
Jim Rodgers’ book, Investment Biker – Read reviews of this book.

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Transcript

Click on a timestamp to play from that location

0:00.0	We study billionaires and this is episode 129 of The Investors Podcast.
0:04.6	Broadcasting from Bel Air, Maryland.
0:08.3	This is The Investors Podcast.
0:14.0	They'll read the books and summarize the lessons.
0:16.4	They'll test the waters and tell you what it's called.
0:19.4	They'll give you actionable investing strategies.
0:22.8	Your host Preston Pish and Stig Broderson.
0:26.8	Hey, hey, hey, how's everybody doing out there?
0:30.3	This is Preston Pish and I'm your host for The Investors Podcast
0:33.6	and as usual, I'm a company by my co-host Stig Broderson,
0:36.8	Out in Seoul, South Korea.
0:39.3	And today we have a book for you and we're also going to cover some questions from the audience
0:43.8	at the end of the show.
0:45.4	And the name of this book is Mindset, the new psychology of success.
0:50.3	And this book was recommended by billionaire Bill Gates.
0:54.4	And he'd like this book quite a bit.
0:56.6	I thought it was good, but maybe don't share the same excitement as Bill Gates after reading it.
1:02.5	I thought it was a good book, but it was a little repetitive for me.
1:05.3	Which opinion, Stig, what did you think?
1:07.7	Yeah, I think we have the same thoughts on when a book is repetitive.
1:11.6	And one thing I realized after reading Sultival in Books for years now is that the author
1:16.7	typically only has say one to five very different messages in the book.
	...

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