The Intrinsic Value Podcast - The Investor’s Podcast Network

MI357: The Sloth Investor w/ R P Stevens

Jun 24, 2024

R P Stevens, author of The Sloth Investor, discusses his investing journey and 5 bedrock principles of SLOTH investing, constructing a diversified portfolio, financial freedom number, and key takeaways from podcast guests. Emphasizes simplicity, low fees, global diversification, and optimism in investing.

01:07:47

Episode guests

R P Stevens

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Episode notes

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Quick takeaways

Developing a sloth-like investing philosophy based on simplicity and long-term perspective.

Advocating for a globally diversified portfolio through low-fee index funds like Vanguard FTSE All-World Index Fund.

Emphasizing the importance of optimism in investing, financial education, and prioritizing experiences over material possessions.

Deep dives

Development of Investing Interest through Family and Influential Books

The speaker recounts his journey into investing, beginning with a lack of family investing background and his introduction to the idea through his father-in-law's guidance. Through conversations and influential books like 'The Millionaire Teacher' by Andrew Hallam, he shifted his mindset towards a more informed investing approach.

Intro

2min

Journey into Index Investing and Low-Fee Strategies

14min

Emphasizing Patience and Time in Investing

4min

The Sloth Investor: A Journey to Writing a Book

7min

SLOTH Principles of Investing

11min

Investing with Predictability and Optimism

8min

Passion for Financial Literacy and Investing Engagement

19min

Exploring Investment Philosophies and Personal Financial Management

6min

In today’s episode, Patrick Donley (@JPatrickDonley) sits down with R P Stevens to discuss his new book, The Sloth Investor. You’ll learn about his investing journey and how he developed his SLOTH investing philosophy, what the 5 bedrock principles of SLOTH investing are, how he goes about constructing a globally diversified portfolio, how he thinks about his financial freedom number, what his biggest takeaways have been from his guests on his podcast, and so much more!

R P Stevens is the author of the forthcoming personal finance book 'The Sloth Investor'.

The publication date is Friday June 28th.

The book is an insightful beginner's guide to investing where R P Stevens teaches readers how a 'sloth-like' approach is the rational, evidence-based roadmap to investment success. The Sloth Investor's 5 Bedrock Principles of Investing provide an actionable pathway for anyone looking to grow their wealth.

Originally from the UK, R P Stevens currently lives in Hong Kong with his wife and two children.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

01:57 - What R P’s investing journey has been like and who his biggest influences have been

15:47 - How his investing philosophy has evolved over the years

16:39 - Why he decided to write The Sloth Investor

24:07 - What the 5 bedrock principles of SLOTH investing are

30:49 - How he goes about constructing a globally diversified portfolio

37:03 - Why optimism is so critical for investors

43:44 - How R P thinks about his financial freedom number

51:39 - What his biggest takeaways from his podcast guests have been

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

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R P Stevens' book, The Sloth Investor.
Andrew Hallam's book, The Millionaire Teacher.
Morgan Housel's book, The Psychology of Money .
William Green's book, Richer, Wiser, Happier.
Ben Carlson's book, A Wealth of Common Sense.
Lars Kroijer's book, Investing Demystified.
Eric Balchunas's book, The Bogle Effect.
Jonathon Haidt's book The Coddling of the American Mind.
Bill Perkins' book, Die with Zero.
J L Collins' book, Pathfinders.
Check out the books mentioned in the podcast here.
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