We Study Billionaires - The Investor’s Podcast Network

Classic 15: The Great Minds of Investing

May 31, 2022

William Green, author of "The Great Minds of Investing," shares his insights on the philosophical aspects of investing. He discusses how friendships can enhance investment journeys and explores emotional dynamics faced by investors and hedge fund managers. The conversation highlights the importance of mental resilience, authentic strategies, and balance between intuition and analysis. Green also emphasizes the role of self-awareness and philanthropy in achieving true success, revealing how these elements shape successful investment philosophies.

Ask episode

AI Snips

Chapters

Books

Transcript

Episode notes

ANECDOTE

Reconnection with Guy Spear

William Green knew Guy Spear vaguely at Oxford, initially resenting him for his looks.
Years later, they reconnected in New York, becoming friends and collaborators.

INSIGHT

Compounding Goodwill

Guy Spear embodies the concept of "compounding goodwill" by consistently helping others.
This concept mirrors compounding money but focuses on building relationships.

ANECDOTE

From Artist to Investor

William Green initially viewed business and investing as crass, preferring artistic pursuits.
After investing his own money, he found it intellectually stimulating, like a game.

Get the Snipd Podcast app to discover more snips from this episode

Get the app

The education of a value investor

Guy Spier

In this book, Guy Spier narrates his early career struggles in investment banking on Wall Street and his transformation into a value investor. The book covers his experiences working at D.H. Blair, his education at Oxford and Harvard Business School, and the significant influences of Warren Buffett and Charlie Munger on his investment philosophy. It also emphasizes the importance of authenticity, continuous learning, and ethical considerations in investing. The book has been translated into several languages and has sold over 175,000 copies in English.

The Great Minds of Investing

William Green

The intelligent investor

Jason Zweig

Benjamin Graham

Written by Benjamin Graham, 'The Intelligent Investor' is a seminal work on value investing that has inspired millions since its original publication in 1949. The book emphasizes the importance of distinguishing between investing and speculation, calculating the intrinsic value of companies, and maintaining a margin of safety. The revised edition includes updated commentary by Jason Zweig, who provides modern examples and insights to help readers apply Graham's principles in today's market. Warren Buffett, a disciple of Graham, has praised the book as 'the best book about investing ever written'.

Power Vs. Force

The Hidden Determinants of Human Behavior

David R. Hawkins

In 'Power vs. Force,' David R. Hawkins explores the nature of true power and force, arguing that power is whole, positive, and wholesome, while force is partial, selfish, and negative. The book introduces a hierarchical scale of consciousness, ranging from 1 to 1000, where levels below 200 are considered negative and those above 200 are positive. Hawkins uses concepts from particle physics, nonlinear dynamics, and chaos theory, as well as Applied Kinesiology, to support his research. The book is divided into three parts, discussing the process of achieving one’s ultimate potential, the distinction between power and force in various aspects of life, and the evolution of human consciousness. It emphasizes the importance of integrity, understanding, and compassion in enhancing one’s level of consciousness and leading a more fulfilling life[1][3][4].