A Conversation with Grant Williams

Oct 29, 2024

In a captivating discussion, Grant Williams, an accomplished writer and speaker known for his sharp insights into global finance, shares his journey from trading to writing. He reflects on how early career experiences shape investment strategies and emphasizes the balance between luck and skill. Expect thoughts on navigating market volatility and the challenges of political discourse in investing. Grant also delves into the art of authentic conversation and the importance of community learning in finance.

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ANECDOTE

Early Market Experiences

Grant Williams' early trading career in Japan's bull market taught him that markets only go up.
Black Monday 1987 shattered this illusion, teaching him about risk and market crashes.

INSIGHT

Importance of Avoiding Drawdowns

Big drawdowns are difficult to recover from, both financially and mentally.
Prioritize avoiding large losses; risk mitigation is key.

ADVICE

Know Thyself as an Investor

Understand your investor personality, risk tolerance, and goals first.
Then, align your investment strategy with your personal core values.

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In this conversation Ian Cassel sits down with Grant Williams. Grant is an accomplished writer, interviewer, speaker, and an all-around curious person. You can find his content on www.grant-williams.com

Join MicroCapClub and unlock the ability to listen and participate live in these discussions. https://microcapclub.com/join-now/

Chapters:

00:00 Disclaimer

00:15 Intro & Grant’s Background

01:42 The Role of Writing in Investment

07:10 Early Career Lessons

18:45 Skepticism

24:32 Navigating Global Financial Crisis

34:38 Commonalities of Successful traders

38:35 Differentiating Luck from Skill

43:00 “Are you worried, would it help?”

46:20 Top of Mind Currently

55:55 How Grant is expressing his views on where the world is going in his portfolio

1:03:30 How stay present and self aware in macro back drop

1:07:30 Community Building and Learning

1:12:40 Interviewing and Learning from Others

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