We Study Billionaires - The Investor’s Podcast Network

Explore the world of small cap stocks and their potential for high returns. Learn why understanding a company goes beyond mere familiarity. Discover how to identify stocks with pricing power and the value of investing in boring, stable businesses. Get insights on the importance of fundamental analysis, and rethink common investment misconceptions. The hosts also delve into the unique investment strategies from a renowned expert, emphasizing the nuances between true expertise and personal bias.

Dan Handford, CEO of PassiveInvesting.com, shares his extensive insights on commercial real estate investment strategies. He discusses how to thrive in competitive markets using conservative underwriting practices. Listeners will discover tips on reducing tax bills through real estate, the complexities of preferred versus common equity, and various financing methods for large firms. Handford also emphasizes the importance of strategic asset allocation and the dynamics of debt markets to hedge against inflation.

Gary Mishuris, managing partner and chief investment officer of Silver Ring Value Partners, dives into the fascinating world of behavioral finance. He unpacks the pitfalls of overconfidence and anchoring, shedding light on how biases like the endowment effect and social proof can skew investment decisions. Mishuris emphasizes the importance of questioning assumptions within investment teams and highlights the dangers of scarcity bias, especially in trendy markets like NFTs. Get ready for key strategies to outsmart cognitive traps in investing!

Join Gigi, a Bitcoin advocate and author known for his insightful articles, as he breaks down the intricate world of Bitcoin. He discusses how Bitcoin offers a unique solution to the time-stamping problem, vital for digital reliability. Gigi explores grassroots adoption, the transformative potential of Bitcoin's Lightning Network, and the differences between Proof of Work and Proof of Stake. He also shares his excitement for Bitcoin's future and stresses the importance of digestible education to enhance understanding in this complex field.

Arnold Van Den Berg, an investor and author, shares his journey of survival during the Holocaust and the pivotal moments that shaped his success. He discusses the extraordinary power of belief and the principles he adopted to navigate life. With no formal training, he taught himself to invest, emphasizing the importance of discipline in picking stocks. Arnold reveals how visualization and affirmations transformed his mindset and helped him excel as a money manager. He offers valuable advice on overcoming suffering and reprogramming the subconscious to achieve one's goals.

Warren Buffett, the renowned investor and CEO of Berkshire Hathaway, shares his insights from the latest shareholders meeting. He discusses the company's impressive $51 billion investments including Apple, and elaborates on the strategic importance of stock buybacks. Buffett also dives into his views on inflation, how it impacts purchasing power, and the evolving landscape of investment strategies. His reflections on changing opinions and the nuances of merger arbitrage add depth to the conversation, making it a treasure trove for aspiring investors.

David Stein, a financial markets expert and contrarian investing strategist, dives into pressing issues affecting today's economy. He discusses the fall of Netflix and its implications for tech stocks. Current risks from supply chain disruptions and food shortages are covered, along with insights on China's Evergrande crisis. Stein highlights why shorting commodities might not be the best bet and emphasizes the potential of overlooked assets like closed-end funds and Business Development Companies for savvy investors.

Bill Miller IV, an investor known for his concentrated investment strategy and an early believer in Bitcoin, shares insights on the current market dynamics and the potential of Bitcoin as an asymmetric investment. He delves into how he and his father discovered Bitcoin and discusses the implications of Elon Musk's Twitter acquisition. The conversation also contrasts Bitcoin with other cryptocurrencies, emphasizing the importance of concentrated investing and innovative strategies for navigating market volatility.

Discover why Warren Buffett holds 'Security Analysis' in such high regard. Dive into real-life case studies showcasing how Buffett applied its teachings. Explore the seven major sections of the book and the differing views on dividends between Benjamin Graham and Buffett. Gain insights into critical investment distinctions and learn about the analysis of income statements for better financial clarity. Plus, unpack intrinsic value calculations and the essential financial tools that every investor should know.

Ted Seides, former president and co-CIO of Protege Partners and host of the Capital Allocators podcast, returns to discuss the modern landscape of endowments and hedge funds. He reveals how these entities have evolved over the past two decades and addresses common misconceptions about endowments. The conversation explores the shifting narrative surrounding ESG policies and the impact of recent financial trends, including the challenges facing SPACs and the strategic allocation across alternative assets. It's an insightful dive into smart investing in today's market!