What can we learn about investing from Gary's childhood gold ring story, a gentleman thief, Bonsai tree, and Charlie Munger. Gary Mishuris, CFA, is the Managing Partner and Chief Investment Officer of Silver Ring Value Partners, an investment firm that seeks to apply its intrinsic value approach to safely compound capital over the long term. He also teaches the Value Investing Seminar at the F.W. Olin Graduate School of Business. Gary received a S.B. in Computer Science and a S.B. in Economics from the Massachusetts Institute of Technology (MIT). He started his investing career at Fidelity as an Equity Research Associate. I highly recommend Gary’s Behavioral Value Investor newsletter, which you can find on Substack. https://behavioralvalueinvestor.substack.com/ https://silverringvaluepartners.com/ Today, we have a wide-ranging discussion about everything investing, from stock picking to some big-picture ideas. Gary shares his early childhood experiences and how they influenced him as an investor. He shares how attention is a finite resource in life and in investing. We talk about Charlie Munger and his early investment record, and we can learn from his experience. Gary finds parallels between other passions and pursuits and investing, including planting and caring for a Bonsai tree. We enjoy a lively discussion about the evolution of value investing. Stay tuned until the end when Gary explains the importance of the process over the outcome and shares his thoughts on capital allocation and his definition of success. I really enjoyed talking to Gary and learning more about his investment style and experience; there are some one-of-a-kind anecdotes and stories hiding in this episode; it’s a real treat. I wish you a delightful listen. NEVER INVESTMENT ADVICE.