William green is the author of richer, wiser, happier. He talks to Jim O'Haughnessy about how one goes on to succeed and how many can go on to fail in investing. Willliam: I've always had a secret obsession with journalists who write about invest. And so i think if you're deeply interested and intensely care about your work, it shows. So when i went off and interviewed famous investors, i was really looking to figure out what they could teach me. It's given me an ability to live my life in a way that i probably couldn't have done if i were just a poor, ink-stained wretch.
William Green is a journalist and author of the book “RICHER, WISER, HAPPIER: How the World's Greatest Investors Win in Markets and Life.” — a book that draws on hundreds of hours of interviews with many of the world’s super-investors to demonstrate that key insights for building wealth apply to life as well. You can follow William on Twitter https://twitter.com/williamgreen72 and get his book at https://www.amazon.com/Richer-Wiser-Happier-Greatest-Investors/dp/1501164856 Show Notes:
- From Journalism to Investing
- Obsessiveness required to play and win a game
- Behavioral biases
- Role of patience in investing
- Stoicism, and dealing with uncertainty
- Reading authors like Henry James
- Saying YES to serendipity
- Being present in the moment
- Delaying gratification
- “When I fall, I shall rise”
- Getting out of your own way
- Staying away from the games that don't suit you
- How body posture can affect you psychologically
- Giving pleasure to your creator
- Not knowing the truth
Books Mentioned:
- Richer, Wiser, Happier: How the World's Greatest Investors Win in Markets and in Life; by William Green
- Happy: Why More Or Less Everything is Absolutely Fine; by Derren Brown