We Study Billionaires - The Investor’s Podcast Network

TIP414: Investing and Life Masterclass w/ Guy Spier

Jan 16, 2022

Stig Brodersen welcomes Guy Spier, a revered value investor and author of "The Education of a Value Investor." They discuss harnessing envy as a motivational tool and the need to evolve beyond outdated investment beliefs. Guy shares his views on Bitcoin and how struggles in life translate to success in investing. He emphasizes the importance of authenticity and integrity, urging listeners to prioritize ethical contributions and meaningful relationships over mere financial gains.

01:28:18

Episode guests

Guy Spier

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Episode notes

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Quick takeaways

Leverage envy for growth and improvement, Embrace challenges for personal resilience and success, Cultivate patience and long-term vision in investing strategies

Deep dives

Impact on Value Investing Community

The guest discussed how they had a profound impact on the value investing community, guiding many investors towards valuable investment lessons while also offering insights beyond just financial guidance.

Intro

2min

Embracing Envy: A Path to Growth

7min

Embracing Change in Investing

22min

Defining Investment Boundaries and Risk Assessment

5min

Navigating Cryptocurrency and Investment Philosophy

25min

Expanding Your Investment Knowledge in Technology

5min

The Power of Noble Missions

21min

Navigating Success with Integrity in Investing

6min

Stig Brodersen chats with Guy Spier. Guy Spier has had a profound impact on the value investing community. As with Warren Buffett, many investors first find Guy Spier to learn how to invest. But while you might come for the investing lessons, you stay for the life lessons.

IN THIS EPISODE, YOU'LL LEARN:

02:13 - How to use envy as a positive force in your life.
09:43 - Which idea that Guy Spier had to let go of in his evolution as a value investor.
15:03 - Why Guy Spier thinks that Charlie Munger is right and wrong about bitcoin being rat poison.
15:49 - How to know which habits to clone and which not from heroes like Charlie Munger.
25:29 - Why you can be a value investor and invest in bitcoin.
40:05 - How to struggle well in life and investing?
54:29 - How does the shorter tenure in the S&P500 change how Guy Spier thinks about compounders.
01:00:09 - Which investing knowledge Guy Spier would like to acquire if it didn’t require any time.
01:07:19 - Why the best way to achieve success is to deserve it.
01:15:03 - How and why you should be authentic and vulnerable.

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

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Stig and Preston’s interview with Guy Spier on his book, The Education of a Value Investor.
Stig and Preston’s interview with Guy Spier about his lunch with Warren Buffett.
Guy Spier’s book, The Education of a Value Investor – Read reviews of the book.
Subscribe to Guy Spier’s Free Newsletter.
Guy Spier’s podcast and website.

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