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Tobias Carlisle
Founder of The Acquirer’s Multiple and host of The Acquirers Podcast; author and investment manager focusing on deep value investing and corporate governance.
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Dec 22, 2025
• 52min
Warren Buffett & Sun Tzu: The Ancient Strategy for Avoiding Ruin with Tobias Carlisle
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Tobias Carlisle, Principal and CIO at Acquirers Funds and author, shares insights from his book, linking Warren Buffett’s strategies with Sun Tzu’s ancient wisdom. He emphasizes the importance of 'survive first' for long-term success. Tobias discusses Buffett's discipline during crises, such as his cautious stance on airlines during COVID. He introduces defensive investing and the concept of 'wu-wei,' or effortless success, while stressing the moral responsibilities of management. The conversation also covers avoiding stupid mistakes through inversion and his innovative Zig and Deep ETFs.
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