In this episode, Dave and Andrew feature Alex Morris, founder and analyst at TSOH Investment Research and author of 'Buffett and Munger Unscripted.' Alex shares his journey into the world of stock investing, inspired by business legends Warren Buffett and Charlie Munger.

The conversation covers Alex's perspective on investing, including his preference for stocks over other assets, insights from his book, and his views on business valuation, competitive analysis, and the importance of management.

The dialogue also touches on strategies like minimum position sizing, the role of qualitative versus quantitative analysis, and advice for novice investors looking to expand their knowledge and competence in investing. As a special note, proceeds from Alex's book will be partially donated to Glide, a charitable organization supported by Warren Buffett.

00:00 Introduction and Guest Welcome

00:30 Why Choose Stocks?

02:00 The Inspiration Behind the Book

04:47 Impact of Berkshire Meetings

06:59 Understanding Business and Investing

08:08 Insights on Discount Stores

12:41 Lessons from Berkshire's History

19:49 Circle of Competence and Investment Strategies

25:41 Analyzing New Investments

26:38 Dollar Tree Investment Journey

30:07 Evaluating Microsoft and Tech Investments

45:06 Writing and Its Impact on Investing

49:05 Final Thoughts and Book Promotion

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

Today's show is sponsored by:

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What do Dave and Andrew recommend?

Andrew works really hard to find the best insights he can every single month at Value Spotlight. To see a sample of his previous work, go to stockwriteup.com.

Have questions? Send them to newsletter@einvestingforbeginners.com

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