We Study Billionaires - The Investor’s Podcast Network

RWH014: The Resilient Investor w/ Matthew McLennan

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Oct 2, 2022

Matthew McLennan, an investment professional with a rich background at Goldman Sachs and First Eagle Investments, shares insights on resilient wealth creation. He reflects on his off-the-grid upbringing and how it shaped his perspective. The conversation includes the importance of patience in investing, likening it to gardening, and the value of established businesses. McLennan also discusses why gold may be a better hedge than Bitcoin and emphasizes the need for global diversification in an unpredictable market.

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ANECDOTE

Off-Grid Childhood

Matthew McLennan spent his early childhood in Papua New Guinea and later in rural Australia.
His family lived off-grid without electricity for seven years, fostering resilience and resourcefulness.

ANECDOTE

Short-Lived TV

McLennan's father brought home a TV and connected it to the car battery.
The next morning, he accidentally dragged the TV through the front door with the car, ending their short-lived TV experience.

ANECDOTE

Grandfather's Influence

McLennan's grandfather, a doctor and Antarctic explorer, was a key mentor.
He instilled the idea of relative truth, impacting his investment approach.

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