The more I learn about financial markets and investing, the more I've realized just how complex these subjects actually are. And this came through to me very powerfully in a bunch of different interviews. A guy called Will Danoff, who managed something like $200, $250 billion, was probably the most successful investor of his generation. He said stocks follow earnings; that's all you're doing. Joel Greenblatt is one of the greatest value investors of all time. Just become a kinder, more loving, more compassionate person," he says.
Clay Finck chats with William Green about how the greatest investors taught him how to live a better life, the lessons William learned in simplifying an investment approach, and much, much more!
William Green is the author of Richer, Wiser, Happier: How the World’s Greatest Investors Win in Markets and Life.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
02:56 - What led William to study the best investors not just to discover the investing lessons, but also to learn how to live a better life.
13:10 - What William’s biggest takeaways are in interviewing and studying Charlie Munger.
38:23 - The lessons William learned in simplifying an investment approach.
45:30 - What it takes to know if you’re ready to buy individual stocks and try to outperform the market.
56:34 - The benefits of having conservative finances and how Bill Miller has influenced how he views this subject.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
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