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

TIP490: Lessons from Home Depot, Sam Walton and giving away $2 Billion w/ Billionaire Bernie Marcus

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

Stig Brodersen

Business, Education, Investing

4.63.6K Ratings

🗓️ 4 November 2022

⏱️ 62 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU'LL LEARN: 08:06 - How today’s economy compared to the early eighties when Bernie was co-founding Home Depot. 14:11 - Bernie’s early jobs as a waiter, comedian, and even hypnotist. 37:15 - Bernie’s take on ESG, given that Home Depot, won the Most Socially Responsible Company award the year he retired 40:02 - What it was like to travel around and sharing business tips with Sam Walton. 54:11 - Lessons from philanthropic efforts in integrative medicine and the Georgia Aquarium. And much, much more! Disclaimer: Slight discrepancies in the timestamps 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. Kick Up Some Dust Book. Built from Scratch Book. Trey Lockerbie Twitter. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Public Fundrise TastyTrade The Bitcoin Way Connect Invest American Express ReMarkable Toyota Onramp Facet SimpleMining Vanta Shopify 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. 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

Hey guys, I'm really excited to share an upcoming event hosted by the Investors Podcast

0:07.4

Network.

0:08.4

Beginning on Monday, October 17th, we are launching a stock pitch competition for all of you

0:13.2

to compete in, and the first place winner will receive $1,000 plus a year-long subscription

0:18.3

to our TI-P Finance Tool and more.

0:21.0

So don't miss your chance to win $1,000.

0:24.0

If you're interested, please visit theinvestorspodcast.com slash stock-competition for more information.

0:30.1

The last day to submit your stock analysis will be Sunday, November 27th.

0:34.2

And to compete, please make sure you're signed up for our daily newsletter, We Study Markets,

0:38.5

where we'll announce the winners.

0:40.1

All entries can be submitted to the email newsletters at theinvestorspodcast.com.

0:45.2

Good luck!

0:46.2

Today's episode is a special one because my guess is billionaire Bernie Marcus.

0:51.9

Bernie is most known as the co-founder of Home Depot, which he founded at age 49.

0:57.8

He's also known for co-founding the Israel Democracy Institute as well as the Georgia Aquarium.

1:03.2

In at a young 93 years of age today, he's as sharp and funny as ever.

1:08.2

Bernie comes from the school of hard knocks and his rough and tumble upbringing shaped

1:11.9

him into the no BS hardworking success he is today.

1:16.2

As a signer of the giving pledge, he plans to donate most of his wealth to charity and

1:20.1

has already given away over $2 billion.

1:23.8

Bernie has a new book hoping to inspire more people to give back titled Kick Up Some Dust,

...

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