In this episode, Andrew interviews David Gardner, co-founder and chief rule breaker at The Motley Fool. David shares the origin story of The Motley Fool, including its humble beginnings as a print newsletter and the inspiration behind its name from Shakespeare's 'As You Like It'.
He discusses the philosophy of rule breaker investing, emphasizing long-term holding of stocks, finding top dogs and first movers in emerging industries, and maintaining an optimistic perspective.
The conversation extends to insights from David's new book, 'Rule Breaker Investing,' which encapsulates 30 years of investment wisdom. They discuss notable stock picks like Amazon, Netflix, and Nvidia, and delve into the importance of good financial habits and a long-term investment mindset.
00:00 Introduction and Special Guest Announcement
00:21 David Gardner's Backstory and The Motley Fool's Origins
04:32 The Role of Games and Early Investment Lessons
07:00 Writing and Philosophy Behind 'Rule Breaker Investing'
09:29 Amazon: The Quintessential Rule Breaker
11:25 Navigating Market Doubts and Long-Term Investing
20:42 The Philosophy of Rule Breaker Investing
23:52 Introduction to Rule Breakers
24:06 The Six Traits of Rule Breaker Stocks
24:42 Examples of Rule Breaker Companies
26:17 Deep Dive into Axon Enterprise
37:09 The Importance of Holding Positions
39:46 The Power of Optimism in Investing
43:03 Conclusion and Final Thoughts
Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.
Pre-order Rule Breaker Investing here: https://www.amazon.com/Rule-Breaker-Investing-Stocks-Lasting/dp/1804091219
Check out David's podcast: https://open.spotify.com/show/6HLY85cnS6u1Ux7AkzpZG3
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