When I was around 18 years old, I read a biography on Warren Buffett and started learning about this thing called stock investing. And when you look at the Berkshire Hathaway shareholder meeting, it becomes pretty obvious that some of these investors can learn a whole lot from them. They're not just thinking about how to get rich, but they're thinking about things like, yeah, but what does the money even mean? If you have vast amounts of money, what are you going to do with it? Should you buy the Ferrari or is that actually not going to make you happy? So they're dealing with all of these really interesting philosophical questions.
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.
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