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Spear's Letter Writing Crusade
Guy Spear was inspired by Charlie Munger and Robert Chaldini. He started writing 15 handwritten letters per week to thank people for their good deeds. As the more he expressed goodwill, the more he felt it himself. A handwritten letter is actually how Spear got to become such great friends with Monish Pabrai.
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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