On today’s episode, Clay is joined by Shree Viswanathan to discuss his concentrated, patient, and global approach to investing. They touch on many of the key aspects to successful long-term investing as well as one of Shree’s portfolio holdings, Dino Polska, which reminds him of Walmart in their early days.

Shree Viswanathan is the founder and portfolio manager of SVN Capital.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro.

02:17 - The story of his father earning 40x on an investment despite never garnering an interest in the subject. 

08:54 - Spiritual and life lessons that Shree has learned over the years.

14:52 - The most important aspects to understand investing internationally.

20:52 - What makes India an attractive hunting ground for long-term investors.

33:10 - Why we should remain fully invested in uncertain times.

38:57- How investors can minimize the impact of ego hurting their performance.

41:30 - The benefits Shree has seen from a daily meditation practice.

46:31 - What led him to run a concentrated portfolio of only 9 holdings.

53:16 - Why Dino Polska out of Poland reminds Shree of Walmart in their early days.

56:43 - How Shree thinks about inflation and currency risk investing internationally.

01:11:10 - How Shree thinks about the valuation of Dino Polska.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

• Check out our newly released TIP Mastermind Community.
• Shree’s fund: SVN Capital.
• Compensation by Ralph Waldo Emerson.
• Wealth by Ralph Waldo Emerson.
• The Money Game by Adam Smith.
• A Search in Secret India by Andrew Brunton.
• The Sketchbook of Wisdom by Vishal Khandelwal.
• Related episode: Listen to WSB569: An Investor’s Guide to Clear Thinking w/ Chris Mayer or watch the video.
• Related episode: Listen to WSB543: 100 Baggers: Stocks That Return 100-1 w/ Chris Mayer or watch the video.
• Follow Shree on Twitter.
• Follow Clay on Twitter.

NEW TO THE SHOW?

• Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
• 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.
• Help us understand our audience better so we can create a more intentional user experience by answering this survey!

SPONSORS

• Invest in Bitcoin with confidence. Get $5 in Bitcoin when you invest $100 with River.
• Experience real language learning for real conversations with Babbel. Get 55% off your Babbel subscription today.
• Send, spend, and receive money around the world easily with Wise.
• Get the benefits of portfolio diversification AND optimize your retirement strategy by minimizing your tax burden with funds from tax-advantaged retirement accounts. Start investing in alts with Alto today.
• Learn how Principal Financial can help you find the right benefits and retirement plan for your team today.
• Beat FOMO and move faster than the market with AlphaSense.
• Make investing in precious metals easy with Noble Gold Investments. Receive a FREE 5-ounce solid silver America The Beautiful bullion coin with any qualifying precious metals IRA.
• Invest in some of the top private, pre-IPO companies in the world with Fundrise.
• Earn more where your business spends the most with American Express Business Gold Card! Enjoy 4x Membership Rewards points, Up to $395 in annual statement credits on eligible business purchases, flexible spending capacity, and access to 24/7 support!
• Feed your body the nutrients it craves with Ka’Chava, an all-in-one, plant-based superblend made up of superfoods, greens, plant proteins, antioxidants, adaptogens, and probiotics! Get 10% off on your first order today!
• Start, run, and grow your business without the struggle. Be in control of every sales channel with Shopify. Sign up for a $1 per month trial period today.
• Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite’s popular KPI Checklist, designed to give you consistently excellent performance for free.
• Choose Toyota for your next vehicle – SUVs that are known for their reliability and longevity, making them a great investment. Plus, Toyotas now have more advanced technology than ever before, maximizing that investment with a comfortable and connected drive.
• Reach the world’s largest audience with Linkedin, the place to B2B. Plus, enjoy a $100 credit on your next ad campaign!
• Support our free podcast by supporting our sponsors.

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!

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.