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TIP618: Stig's Portfolio Performance since 2014 w/ Stig Brodersen & Clay Finck

7 snips

Mar 29, 2024

The hosts analyze Stig's impressive portfolio performance over the last decade, far exceeding market averages. They share insights into the lessons learned through highs and lows, including the pitfalls of investing in Alibaba. Stig discusses the complexities of private investments and how they've shaped his strategies. The conversation dives into crucial factors like entry prices, risk management, and the evolution of investment philosophies, offering valuable advice for both seasoned investors and newcomers.

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ANECDOTE

Hesitation to Disclose

Stig hesitated to review his track record publicly.
He feared others might blindly follow his trades or dismiss his advice if underperforming.

INSIGHT

Luck vs. Skill

Stig attributes his 21.4% CAGR primarily to luck rather than skill.
He expects lower returns in the next decade due to changing investment goals and risk profile.

ANECDOTE

Investing with Pabrai

In 2022, Stig invested with Mohnish Pabrai, viewing it similarly to owning Berkshire Hathaway.
He values Pabrai's international diversification and concentrated portfolio.

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TIP618: Stig's Portfolio Performance since 2014 w/ Stig Brodersen & Clay Finck

Hesitation to Disclose

Luck vs. Skill

Investing with Pabrai

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