TIP414: Investing and Life Masterclass w/ Guy Spier

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

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 16 January 2022

⏱️ 91 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stig Brodersen chats with Guy Spier. Guy Spier has had a profound impact on the value investing community. As with Warren Buffett, many investors first find Guy Spier to learn how to invest. But while you might come for the investing lessons, you stay for the life lessons. IN THIS EPISODE, YOU'LL LEARN: 02:13 - How to use envy as a positive force in your life. 09:43 - Which idea that Guy Spier had to let go of in his evolution as a value investor. 15:03 - Why Guy Spier thinks that Charlie Munger is right and wrong about bitcoin being rat poison. 15:49 - How to know which habits to clone and which not from heroes like Charlie Munger. 25:29 - Why you can be a value investor and invest in bitcoin. 40:05 - How to struggle well in life and investing? 54:29 - How does the shorter tenure in the S&P500 change how Guy Spier thinks about compounders. 01:00:09 - Which investing knowledge Guy Spier would like to acquire if it didn’t require any time. 01:07:19 - Why the best way to achieve success is to deserve it. 01:15:03 - How and why you should be authentic and vulnerable. *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. Stig and Preston’s interview with Guy Spier on his book, The Education of a Value Investor. Stig and Preston’s interview with Guy Spier about his 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. 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! What do you love about our podcast? Here’s our guide on how you can leave a rating and review for the show. We always enjoy reading your comments and feedback! 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	You're listening to TIP.
0:02.7	Today's guest has had a profound impact on the value investing community.
0:06.9	As we were above it, many investors, including myself, first fine-guy spirits,
0:11.3	should learn how to invest and learning from Geyspia, you'll learn from one of the greatest.
0:16.2	But while you might come for the investing lessons, you stay for the life lessons.
0:20.4	Ladies and gentlemen, I hope you enjoyed this episode as much as I did.
0:24.5	It was a privilege to have this conversation with the always humble and kind Geyspia.
0:33.7	You are listening to the Investors podcast, where we study the financial markets
0:38.5	and read the books that influence self-made billionaires the most.
0:42.0	We keep you informed and prepared for the unexpected.
0:45.6	Welcome to the Investors podcast.
0:56.0	I'm your host, Stig Brodison, and I'm excited to welcome back Geyspia to the show.
1:01.2	Geyspia, thanks for taking the time out of your business schedule to speak with me
1:04.8	and the TIP community here today.
1:06.8	Well, Stig, your excitement is only exceeded by my excitement.
1:10.1	I'm super excited to come back on your show.
1:13.2	It's been a long time, and for the listener, I just want you to know that I just took a while to
1:18.9	read through Stig's notes that he took, and he's got the most extraordinary set of notes.
1:24.5	The reason why this podcast is so great is that Stig does the work, and so thank you for having me, Stig.
1:32.8	Wow, what an introduction.
1:35.2	I don't even know if I should edit that out.
1:36.9	I think it's going to my head if people hear you say that guy.
	...

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