What we can learn from the greatest investors of all time.

The James Altucher Show

James Altucher

Education, Business

4.6 • 2.7K Ratings

🗓️ 17 January 2020

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

The "best" is not just a title. The "best" achieved something extraordinary. And that's really what this podcast is about. So today, I'm looking at the 5 best investors in the world, what they knew and what we can learn from them to live wealthier lives. And, with me today, I have my friend Merrick. He's the professor who signed the letter that got me kicked out of grad school. So he's a smart man. I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast. Thanks so much for listening! If you like this episode, please subscribe to "The James Altucher Show" and rate and review wherever you get your podcasts: Apple Podcasts Stitcher iHeart Radio Spotify Follow me on Social Media: YouTube Twitter Facebook Linkedin Instagram Check Out The Altucher Book Club Series: Apple Podcasts YouTube Instagram ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	This isn't your average business podcast and he's not your average host.
0:06.4	This is the James Altiger Show.
0:09.4	Today on the James Altiger Show.
0:15.8	The biggest thing you have to ask is what is my edge that no one else seems to be aware
0:21.2	of?
0:22.2	You always have to ask why am I getting this opportunity and nobody else?
0:25.5	No one wakes up and thinks to themselves, I gotta make James Altiger rich today.
0:29.5	So if you're somehow getting an opportunity to make money, there's gotta be a really
0:34.1	good answer why it's you who's making it.
0:36.4	So Warren Buffett has a good answer to that.
0:38.2	He can say, I've read 8,000 financial reports for the past 10 years and I'm the only version
0:42.3	of the one that drives Iowa.
0:43.4	I think there's something really important to what you're saying.
0:45.8	You have to have some advantage but where does it come from?
0:48.0	I think people make a mistake.
0:49.2	They think it comes from their head.
0:50.3	I think they just think, oh, I have an insight and it comes from their head.
0:53.3	I don't think that's right.
0:54.3	I think what, and all the examples, I think you've been saying, support the people go out
0:58.6	and they act in the world.
1:00.7	They do something and then the world reacts in some way and they notice what it does.
1:04.6	And then through that, they figure out something and that gives them the advantage.
	...

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