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Guy's Spears
As a student at Harvard Business School, he stumbled upon a job listing at DH Blair Investment Banking Corp in New York City. Right off the bat, Guy experienced the doggy dog nature of Wall Street and how most people were just looking out for themselves. The company's retail brokerage business had shut down and had been indicted on 173 counts of stock fraud as well as stock price manipulation and engagement and illegal sales tactics.
Clay reviews Guy Spier’s book, The Education of a Value Investor. Guy Spier is a renowned hedge fund manager who has beaten the S&P 500 by almost 250 percentage points since launching the Aquamarine Fund in 1997. He has also been a guest on We Study Billionaires several times, including episode #14 released all the way back in 2014.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
02:27 - Guy’s story and background, and the critical mistakes he learned from the journey.
06:39 - How studying Tony Robbins and Warren Buffett changed his life.
19:48 - How writing handwritten letters helped Guy forge and develop extremely valuable and fulfilling relationships.
23:20 - What led Guy to purchase a charity lunch with Warren Buffett.
43:54 - What he learned from experiencing the great financial crisis as a fund manager.
51:45 - Why Guy values fulfillment and a life well-lived over money.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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