We Study Billionaires - The Investor’s Podcast Network

RWH010: High-Performance Habits w/ Guy Spier (Part 2)

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Jul 10, 2022

Join Guy Spier, a renowned value investor and author of 'The Education of a Value Investor,' as he shares insights on navigating ADHD and the importance of structuring life around a clear mission. He discusses thoughtful practices like writing your own obituary and nurturing meaningful relationships for personal and professional growth. Spier emphasizes the value of kindness, the surprising power of radical truthfulness, and the significance of compounding goodwill in both business and life.

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ADVICE

Mission-Driven Engagement

Define your life mission to filter requests and attract helpful people.
Turn requests into opportunities to grow your "tribe" and advance shared goals.

ADVICE

Destination Analysis

Write your own obituary or funeral speech as a powerful exercise in destination analysis.
This clarifies what truly matters and how you want to be remembered.

INSIGHT

ADHD and Focus

In structured, high-pressure environments, Guy Spier experiences hyperfocus despite ADHD.
Financial security can ironically decrease motivation and focus.

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The Gulag Archipelago

An Experiment in Literary Investigation

Aleksandr Solzhenitsyn

The Gulag Archipelago is a three-volume series written by Aleksandr Solzhenitsyn, exploring the Soviet labour camp system through a mix of historical narrative, personal accounts, and literary investigation. The book traces the history of the Gulag from Vladimir Lenin's decrees to the era of Nikita Khrushchev, detailing the arrest, conviction, transport, and imprisonment of prisoners. It includes Solzhenitsyn's own experiences as a Gulag prisoner and accounts from other inmates, highlighting the brutal conditions, forced labor, and the psychological and physical suffering of the prisoners. The work is a testament to the human spirit's struggle against evil and serves as a comprehensive critique of the Soviet regime's use of terror against its population[2][5][3].

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In this book, Guy Spier narrates his early career struggles in investment banking on Wall Street and his transformation into a value investor. The book covers his experiences working at D.H. Blair, his education at Oxford and Harvard Business School, and the significant influences of Warren Buffett and Charlie Munger on his investment philosophy. It also emphasizes the importance of authenticity, continuous learning, and ethical considerations in investing. The book has been translated into several languages and has sold over 175,000 copies in English.

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In 'Power vs. Force,' David R. Hawkins explores the nature of true power and force, arguing that power is whole, positive, and wholesome, while force is partial, selfish, and negative. The book introduces a hierarchical scale of consciousness, ranging from 1 to 1000, where levels below 200 are considered negative and those above 200 are positive. Hawkins uses concepts from particle physics, nonlinear dynamics, and chaos theory, as well as Applied Kinesiology, to support his research. The book is divided into three parts, discussing the process of achieving one’s ultimate potential, the distinction between power and force in various aspects of life, and the evolution of human consciousness. It emphasizes the importance of integrity, understanding, and compassion in enhancing one’s level of consciousness and leading a more fulfilling life[1][3][4].

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