TIP536: Buffett and Munger’s Principles and Mental Models

We Study Billionaires - The Investor’s Podcast Network

English - March 21, 2023 00:00 - 55 minutes - ★★★★★ - 3.1K ratings
Investing Business Education warren buffett valueinvesting investingpodcast investorspodcast prestonpysh stigbrodersen stockinvesting Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: RWH023: Defensive Investing In Dangerous Times W/ Guy Spier

Next Episode: BTC122: The US Treasury May Need Private Stable Coins w/ Matthew Pines (Bitcoin Podcast)

On today’s episode, Clay Finck continues his review of Gautam Baid’s book, The Joys of Compounding.
Gautam Baid is the Managing Partner and Fund Manager of Stellar Wealth Partners India Fund, a Delaware-based investment partnership which is available to accredited investors in the US. The fund is modeled after the Buffett Partnership fee structure and invests in listed Indian equities with a long-term, fundamental, and value-oriented approach.

IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
02:11 - The virtues of philanthropy and good karma.
06:24 - How we can simplify both our investments and our life.
14:45 - The importance of achieving financial independence.
21:42 - How Charlie Munger achieved financial independence.
26:28 - Why the key to success is delayed gratification.
29:20 - How we can properly assess a management team.
56:03 - The importance of using an investment checklist to avoid common mistakes.
Disclaimer: Slight discrepancies in the timestamps 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.

Check out the book, The Joys of Compounding.

Tune into our previous episode covering The Joys of Compounding. Watch the video here.

Check out our recent episode covering Mark Leonard's Letter's and Constellation Software. Watch the video here.

NEW TO THE SHOW?

Check out our We Study Billionaires Starter Packs.

Browse through all our episodes (complete with transcripts) here.

Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.

Enjoy exclusive perks from our favorite Apps and Services.

Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.

Learn how to better start, manage, and grow your business with the best business podcasts.

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On today’s episode, Clay Finck continues his review of Gautam Baid’s book, The Joys of Compounding.

Gautam Baid is the Managing Partner and Fund Manager of Stellar Wealth Partners India Fund, a Delaware-based investment partnership which is available to accredited investors in the US. The fund is modeled after the Buffett Partnership fee structure and invests in listed Indian equities with a long-term, fundamental, and value-oriented approach.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

02:11 - The virtues of philanthropy and good karma.

06:24 - How we can simplify both our investments and our life.

14:45 - The importance of achieving financial independence.

21:42 - How Charlie Munger achieved financial independence.

26:28 - Why the key to success is delayed gratification.

29:20 - How we can properly assess a management team.

56:03 - The importance of using an investment checklist to avoid common mistakes.

Disclaimer: Slight discrepancies in the timestamps 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.
Check out the book, The Joys of Compounding.
Tune into our previous episode covering The Joys of Compounding. Watch the video here.

Check out our recent episode covering Mark Leonard's Letter's and Constellation Software. Watch the video here.

NEW TO THE SHOW?

Check out our We Study Billionaires Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.

Learn how to better start, manage, and grow your business with the best business podcasts.