IN THIS EPISODE, YOU’LL LEARN:
00:00:00 – Intro
00:04:13 – How Guy Spier’s ancestors lost their family fortune and became refugees in the 1930s.
00:13:57 – How Guy was shaped by this story and embarked on a quest to restore their lost fortune.
00:24:17 – Why investors need to recognize that nothing is stable and everything changes.
00:27:30 – Why Guy settled in Switzerland and why he worries about the future of the U.S.
00:35:20 – Why he doesn’t like Bitcoin or gold, preferring to own “productive assets.”
00:44:22 – Why it’s critical to invest in a way that’s true to your own nature.
00:52:44 – Why so many highly intelligent and talented fund managers end up failing.
01:01:26 – How the crash of overvalued growth stocks proves again that “price really does matter.”
01:06:14 – Why Nick Sleep’s concept of “destination analysis” is such a valuable filter for investors.
01:12:59 – How to prosper by owning great businesses that occupy the “economic high ground.”
01:25:58 – Why it’s so important to size your bets correctly and not get too carried away.
01:35:06 – How Guy clones people like Warren Buffett and Mike Ovitz, yet tries to be true to himself.
01:42:19 – How Buffett taught him that every person is an equal soul and should carry equal weight.
01:47:21 – What Buffett figured out about the benefits of becoming more lovable and kinder.
☕ Get the freshest roasted and ethically sourced beans from America’s best local roasters with Trade Coffee. Plus, a total of $30 off your first order and free shipping — that’s more than 40 cups of coffee for free! To get started, take the quiz at https://drinktrade.com/TIP, and start the journey to your perfect cup.
✔️ Subscribe to Bitcoin Fundamentals/We Study Billionaires podcast show: https://link.chtbl.com/RWH009
🖊️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/richer-wiser-happier/how-to-build-enduring-wealth-w-guy-spier/
📖BOOKS MENTIONED:
– Richer, Wiser, Happier by William Green – https://amzn.to/3JejudP
– The Education of a Value Investor – https://amzn.to/3nFrOuQ
Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😁
▶️PAST EPISODES MENTIONED
– TIP168: Guy Spier
The Education Of A Value Investor – https://youtu.be/4wlPTvX4wQU
– TIP14: Guy Spier – My Lunch With Warren Buffett
W/ Guy Spier – https://youtu.be/cN0YjQDyd1Y
– TIP15: Lunch With Warren Buffett II – With Guy Spier – https://youtu.be/MmE78qKNcGw
💡OTHER RESOURCES
– William’s Twitter Account – https://twitter.com/williamgreen72
– Guy Spier’s Free Newsletter – https://www.guyspier.com/newsletter/
– Guy Spier’s Podcast and Website – https://www.guyspier.com/
⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
LISTEN 🎧 TO OTHER SHOWS FROM OUR NETWORK:
₿ If you’re interested in Bitcoin, checkout our Bitcoin Fundamentals podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8wOLjjwNCM5B1qFdrtTdTZ
📚Dive into value investing and learn more about billionaires with our We Study Billionaires podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F9dDPFYGAHRbrWoToCe2uoU
🏘 Learn the ins and outs of real estate investing with our Real Estate 101 podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8Yw_8xO2nk-RD7fhb3yktn
💸Get introduced to the world of investing with our Millennial Investing podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F_p00VYv3psJ8rhDAGOvR5W
⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
FOLLOW US ON SOCIAL MEDIA📱:
💻 Facebook: https://www.facebook.com/groups/theinvestorspodcast
👔 Linkedin: https://www.linkedin.com/company/the-investor’s-podcast
🐦Twitter: https://twitter.com/tip_network
⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
Download Stig & Preston’s 1-page checklist for finding great stock picks: https://www.theinvestorspodcast.com/form-youtube-checklist/
⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.