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The Journey of Self-Discovery and Its Impact on Success
This chapter delves into the importance of self-awareness for personal and professional development, as shared by a renowned investor. It explores how understanding one's strengths and weaknesses can lead to better decision-making and life choices, drawing insights from the guest's latest book.
In today’s special episode, William Green looks back at some of the most powerful lessons from the first 50 episodes of the podcast. He highlights four of his favorite interviews: with multibillionaire Ray Dalio, Berkshire Hathaway board member Chris Davis, investing legend Bill Miller, & author Michael Berg. Here, Dalio discusses how to overcome our weaknesses; Miller reveals the insights that made him a vast fortune on Bitcoin; Davis shares what he’s learned from Buffett & Munger; & Berg explains how to increase your enjoyment of money.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
06:37 - Why Ray Dalio believes success hinges on deep self-knowledge.
09:11 - How he’s dealt with his own weaknesses.
10:44 - What Elon Musk, Bill Gates, Reed Hastings & Ray Dalio have in common.
13:46 - How Ray’s most painful mistake changed his views on investing & life.
29:07 - What Chris learned from his mentors, Warren Buffett & Charlie Munger.
30:13 - Why it helps Chris Davis to view his life in three distinct 10,000-day blocks.
44:47 - What Bill Miller saw in Bitcoin that led him to make a vast fortune.
49:32 - Why Bill sees Bitcoin as insurance against financial catastrophe.
1:04:06 - What biases, beliefs & blind spots led Buffett & Munger to dismiss Bitcoin.
1:06:35 - How to enhance your enjoyment of money.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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