We Study Billionaires - The Investor’s Podcast Network

TIP581: Richer, Wiser, Happier Q3, 2023 w/ Stig Brodersen & William Green

Oct 8, 2023

01:37:31

Snipd AI

Stig Brodersen and William Green discuss how to manage negative emotions, stay humble, validate the truth, and understand the emotions of the best investors. They also explore the transformative power of kindness and discuss the impact of emotional attachment in investing. This episode emphasizes the importance of self-awareness, seeking the truth, diversification, and the power of small acts of kindness.

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Podcast summary created with Snipd AI

Quick takeaways

Approach the search for truth with humility, challenging our own beliefs and seeking disconfirming evidence.

Recognize and embrace the limitations of our knowledge to navigate uncertainty with caution.

Develop self-awareness to recognize biases, seek diverse perspectives, and prioritize self-care for clearer thinking.

Leveraging specific expertise in a focused area can provide a competitive edge in identifying investment opportunities.

Deep dives

The Importance of Humility and Seeking Disconfirming Evidence

When seeking the truth, it is important to approach the subject with humility and recognize our own limitations. Being aware of our biases and prejudices allows us to have a beginner's mind when analyzing information. Seeking disconfirming evidence and actively challenging our own beliefs is crucial. Surrounding ourselves with people who can challenge us and diversifying our investments can help protect against our own blindness and limited perspective.

A Neurologist's Mnemonic for Making Better Decisions

01:15

Introduction

2min

Observing and Reacting to Negative Emotions

23min

The Impact of Emotional States on Decision-Making and the Importance of Good Habits

5min

The Benefits of LinkedIn Ads and Ads for AlphaSense and Shopify

3min

Seeking the Truth and Staying Objective

20min

The Importance of Diversification and Prudent Principles

5min

Emotional Attachments in Investing

20min

The Power of Kindness and its Transformational Impact

21min

The Power of Kindness and Its Impact

5min

On today’s show, Stig Brodersen talks with co-host William Green, the author of “Richer, Wiser, Happier.” With a strong focus on kindness, they discuss what has made them Richer, Wiser, or Happier in the past quarter

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

06:27 - How not to let negative emotions run

21:15 - How to stay humble in your search for your approach

32:36 - How to set up a process for validating the truth

58:35 - How to play games you are equipped to win

1:07:13 - How to understand the emotions of the best investors

1:16:42 - How a job selling flowers can change your life

1:30:21 - How to think about intentions when you want to help your fellow man

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Tune in to Stig Brodersen and William Green’s episode on being Richer, Wiser, and Happier, Q2 2023, or watch the video.
Listen to Stig Brodersen and William Green’s episode on being Richer, Wiser, and Happier, Q1 2023, or watch the video.
Listen to Stig Brodersen and William Green’s episode on Money and Happiness or watch the video.
Tune in to William Green’s interview with Daniel Goleman & Tsoknyi Rinpoche or watch the video.
Listen to William Green’s interview with Arnold Van den Berg about going from poverty to power or watch the video.
William Green’s book Richer, Wiser, Happier – read reviews of this book.
William Green’s book, The Great Minds of Investing – read reviews of this book.
Tara Bennett Goleman's book, Emotional Alchemy – read reviews of this book
David Hawkins’ book, Power vs. Force – read reviews of this book
David Hawkins’ book, Letting Go – read reviews of this book
David Hawkins’ book, Transcending the Levels of Consciousness – read reviews of this book

SPONSORS

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Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

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We Study Billionaires - The Investor’s Podcast Network

TIP581: Richer, Wiser, Happier Q3, 2023 w/ Stig Brodersen & William Green

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

The Importance of Humility and Seeking Disconfirming Evidence

The Complexity of Truth and Objective Analysis

The Value of Embracing the Unknown

The Power of Self-Awareness in Truth-Seeking

The Power of Specific Expertise

Playing Games You're Equipped to Win

Kindness and the Power of Transformative Acts

A Neurologist's Mnemonic for Making Better Decisions

Get the Snipd
podcast app

AI-powered
podcast player

Discover
highlights

Save any
moment

Share
& Export

AI-powered
podcast player

Discover
highlights

We Study Billionaires - The Investor’s Podcast Network

TIP581: Richer, Wiser, Happier Q3, 2023 w/ Stig Brodersen & William Green

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

The Importance of Humility and Seeking Disconfirming Evidence

The Complexity of Truth and Objective Analysis

The Value of Embracing the Unknown

The Power of Self-Awareness in Truth-Seeking

The Power of Specific Expertise

Playing Games You're Equipped to Win

Kindness and the Power of Transformative Acts

A Neurologist's Mnemonic for Making Better Decisions

Get the Snipdpodcast app

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Discoverhighlights

Save anymoment

Share& Export

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Discoverhighlights

Get the Snipd
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