We Study Billionaires - The Investor’s Podcast Network

Discover the ins and outs of Booking Holdings, the world's largest travel company. Clay and Kyle delve into its competitive strategies, including a unique asset-light model and a strong network effect. They compare it to rivals like Airbnb and Expedia, examining market dynamics and user experiences. The podcast also highlights CEO compensation trends and adaptive management incentives. With insights on financial performance and growth opportunities, it’s a fascinating discussion for anyone interested in the travel industry and investment prospects.

Andy Edstrom, a traditional financial investing expert, dives deep into Bitcoin's impact on corporate finance. He discusses how Michael Saylor views Bitcoin as a lifeline for struggling companies and explores the strategic evolution of Bitcoin treasury allocations. Edstrom outlines MicroStrategy's innovative financial strategies and the risks associated with Bitcoin-backed leverage. Additionally, he highlights Wall Street's shifting perspective on Bitcoin investments and evaluates the emerging role of institutional players in a rapidly changing landscape.

Warren Buffett, the legendary Chairman and CEO of Berkshire Hathaway, shares his insights alongside Clay Finck and Kyle Grieve after the annual shareholders meeting. They discuss Buffett’s retirement announcement and how his management style contrasts with successor Greg Abel’s. The trio dives into the significance of surrounding oneself with supportive individuals and the art of timing in investment decisions. They also explore Berkshire's recent moves in Japan and what to consider when investing in emerging markets, emphasizing a balanced approach of patience and swift action.

Discover the contrarian investing approach of Anthony Bolton, who stresses the power of sentiment analysis and robust research. The discussion highlights key traits of successful fund managers and the strength found in incomplete knowledge. Learn simple methods for evaluating portfolio conviction and what to do when investments falter. The importance of assessing business risk through bond prices and the value of managerial insights are also explored. Plus, Bolton shares three major mistakes and the lessons they imparted on his investing journey.

Parker Lewis, author of "Gradually, Then Suddenly" and Bitcoin advocate, dives into Bitcoin's pivotal role in the global economy. He highlights Texas's legislative efforts to support Bitcoin mining and energy grid reliability. The conversation explores Zaprite’s innovations for seamless Bitcoin payments and the potential for Bitcoin to become a global reserve currency. They also tackle the implications of CBDCs and emphasize Bitcoin as a unique monetary standard, positioning it as essential in navigating today's financial landscape.

In this engaging conversation, Mohnish Pabrai, a renowned value investor and managing partner of Pabrai Investment Funds, shares his insights on investing and philanthropy. He discusses how investors can think like business owners and emphasizes the importance of learning from mistakes without overanalyzing them. Mohnish also reflects on the true connection between wealth and happiness, and the necessity of trust in business. He highlights the power of compounding in both investing and personal growth, wrapping up with thoughtful insights from his philanthropic journey.

Dive into the timeless wisdom of Buffett and Munger! Discover why they believe all investments hold value and their disdain for complex models. Learn the traits that define great businesses and the art of capital allocation. Explore how temperament outweighs intelligence in investing decisions. Delve into their thoughts on share buybacks versus dividends and understand why quality management is crucial. Plus, hear how critical choices drove Berkshire's success and the role of index funds in your investment journey!

Jim Crider, a savvy financial planner known for his insights into real estate and hedging strategies, dives into how Bitcoin investors can adapt in a shifting economic landscape. He discusses the sustainability of Bitcoin's rally and the implications of global growth downturns on personal finance. Crider delves into portfolio diversification techniques, highlighting the importance of timing and strategic planning. He also touches on the estate planning aspects tied to Bitcoin, urging listeners to prioritize their future wealth while navigating today's financial uncertainties.

Chris Bloomstran, a legendary investor from Semper Augustus, shares his expertise on valuing Berkshire Hathaway. He discusses the importance of trust in investing, echoing Warren Buffett's principles. Bloomstran challenges listeners to consider owning 10-year treasuries over the S&P 500 in the coming decade. The conversation dives deep into Berkshire's culture and business model, revealing its intrinsic value and potential for future returns. He also touches on the impact of inflation on capital expenditures and the significance of Buffett’s legacy in value investing.

Discover the DNA behind Amazon's success as Kyle Grieve reveals how Jeff Bezos's childhood brilliance shaped the company. Explore the evolution of customer trust through user reviews and the game-changing impact of one-click ordering on loyalty. Learn about the origins of Amazon Prime and its effects on customer retention. Delve into how AWS transformed cloud computing and how Amazon's aggressive strategies helped it acquire competitors. Uncover the secrets of Bezos's 'customer obsession' and its role in building a dominant business.