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    Business

    The Investor’s Podcast (We Study Billionaires) – The Investor’s Podcast Network

    Hosted by Stig Brodersen, William Green, Shawn O’Malley, Daniel Mahncke, and Kyle Grieve, The Investor’s Podcast has proudly reached nearly 200 million downloads, as the world’s largest stock-investing focused podcast.

    On the show, we study a range of businesses and their investment prospects, from Spotify to Amazon, serial acquirers like Constellation Software, deep value plays, and more, using lessons from some of the world’s most famous investors, like Warren Buffett, Charlie Munger, and Howard Marks. 

    Leverage the lessons we learned from studying, and talking to, the world’s best investors, and apply them in your own investing journey, while following along with our company case studies. For more insights on how to value companies and build a stock portfolio, you can also sign up for our free weekly newsletter.
    Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

    Advertise

    Copyright: © This content is for educational purposes only. This content cannot be used for commercial use without written permission from the The Investor's Podcast Network.

    • Apple Podcasts
    • Google Play
    • Spotify

    Latest Episodes:
    TIP690: Top Stocks for 2025 & The "Buy" List w/ Eddy Elfenbein Jan 10, 2025
    Show notes

    On today’s episode, Clay is joined by Eddy Elfenbein to discuss his top stock picks for 2025. After Clay lets Eddy go, he also outlines his top stock pick for 2025 — Lumine Group.

    Eddy Elfenbein is a portfolio manager and creator of the Buy List, a portfolio of high-quality stocks that have consistently outperformed the market. Known for his Crossing Wall Street blog, he simplifies complex financial concepts into actionable insights for investors.

    He also manages the AdvisorShares Focused Equity ETF ($CWS), which is based on his Buy List of high-quality stocks.


    IN THIS EPISODE YOU’LL LEARN:

    00:00 - Intro

    04:29 - Eddy’s views on the current market and economy.

    07:00 - The Buy List’s top performers from 2024.

    14:41 - An overview of the names he added and removed from The Buy List.

    30:38 - How Eddy balances being aware of the macro environment without letting it override his investment process.

    44:15 - The investment thesis for Lumine Group.

    And so much more!


    Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.


    BOOKS AND RESOURCES

    • Join the exclusive TIP Mastermind Communityto engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
    • The Buy List for 2025.
    • Crossing Wall Street Blogand Substack.
    • ETF (Ticker: CWS) information.
    • Clay’s previous episode on Mark Leonard’s shareholder letters.
    • Check out Interactive Brokers.
    • Seeking Winners Substack (Lumine write-up is titled, ‘Carving Out Growth’).
    • Email Shawn at shawn@theinvestorspodcast.com to attend our free events in Omaha or visit this page.
    • Follow Clay on Twitter.
    • Check out all the books mentioned and discussed in our podcast episodes here.
    • Enjoy ad-free episodes when you subscribe to our Premium Feed.


    NEW TO THE SHOW?

    • Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
    • Check out our We Study Billionaires Starter Packs.
    • Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
    • 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.
    • Learn how to better start, manage, and grow your business with the best business podcasts.



    SPONSORS

    Support our free podcast by supporting our sponsors:

    • Plus500
    • Netsuite
    • Shopify
    • Vanta


    HELP US OUT!

    Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

    Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

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    BTC216: Bitcoin Transforming Africa w/ Erik Hersman and Charlene Fadirepo (Bitcoin Podcast) Jan 08, 2025
    Show notes

    In this episode, we discuss the Africa Bitcoin Conference, the passion for Bitcoin and human rights in Africa, and the innovative solutions tackling energy and financial inclusion. Featuring insights from Erik Hersman (Gridless) on energy infrastructure and Charlene Fadirepo on empowering African women through Bitcoin, we uncover how this technology is reshaping lives and creating opportunities for a brighter future.


    IN THIS EPISODE YOU’LL LEARN:

    00:00 - Intro

    02:02 - Why the Africa Bitcoin Conference was so impactful and community-driven.

    10:24 - How Erik Hersman and Gridless are solving the energy challenge in rural African communities.

    15:21 - The role of Bitcoin in empowering individuals and advancing human rights.

    15:36 - Key partnerships and energy sources powering Bitcoin mining in Africa.

    21:40 - Secondary effects of energy infrastructure on local villages.

    31:41 - Insights into Charlene Fadirepo’s four laws to leap and their relevance to Africa's Bitcoin transformation.

    43:17 - The financial challenges and systemic inequality historically faced by marginalized communities, and how Bitcoin offers a reset.

    49:43 - How education and talent in Africa are driving Bitcoin adoption.

    51:30 - Practical ways individuals can contribute to Bitcoin’s growth in Africa.


    BOOKS AND RESOURCES

    • Erik’sX Account.
    • Charlene’s X Account.
    • Charlene’s New Book: The Bitcoin Leap: How Bitcoin is Transforming Africa.
    • Gridless Website.
    • B-Trust Website.
    • ABC Conference Website.
    • Check out all the books mentioned and discussed in our podcast episodes here.
    • Enjoy ad-free episodes when you subscribe to our Premium Feed.


    NEW TO THE SHOW?

    • Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
    • Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
    • Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok.
    • Check out our Bitcoin Fundamentals 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.
    • Learn how to better start, manage, and grow your business with thebest business podcasts.


    SPONSORS

    Support our free podcast by supporting our sponsors:

    • Plus500
    • Netsuite
    • Shopify
    • Vanta

    Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

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    TIP689: My Journey into Financial Independence w/ Stig Brodersen Jan 05, 2025
    Show notes

    In today's episode, Stig Brodersen podcasts about his journey into financial freedom.


    IN THIS EPISODE YOU’LL LEARN:

    00:00 - Intro

    01:45 - Why people overestimate what they can do in a year and underestimate what they can do in a year

    05:14 - The tipping point for Stig

    08:28 - Why most people don’t want to be financially independent.

    11:58 - Why money can – sort of – buy you happiness

    15:55 - How much money one needs to retire

    17:00 - How to define financial independence

    18:22 - Why you (maybe) need equity to achieve financial independence

    21:56 - How to value private businesses

    26:42 - What do you do when you reach your number? What is your why?

    30:47 - Why you should have negotiables and non-negotiables

    33:01 - How to avoid lifestyle creeps

    37:34 - Why financial independence is a lonely journey

    41:49 - Why the journey is the best part


    Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.


    BOOKS AND RESOURCES

    • Join the exclusive TIP Mastermind Communityto engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
    • Stig’s blog post on his portfolio and track record since 2014.
    • Stig and Clay’s podcast episodeon Stig’s return since 2014 | Youtube Video.
    • Check out the criteria of companies in the UK that Stig is interested in buying.
    • Check out all the books mentioned and discussed in our podcast episodes here.
    • Enjoy ad-free episodes when you subscribe to our Premium Feed.


    NEW TO THE SHOW?

    • Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
    • Check out our We Study Billionaires Starter Packs.
    • Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
    • 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.
    • Learn how to better start, manage, and grow your business with the best business podcasts.



    SPONSORS

    Support our free podcast by supporting our sponsors:

    • Plus500
    • Netsuite
    • Shopify
    • Vanta


    HELP US OUT!

    Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

    Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

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    TIP688: Long-Term Market Cycles w/ Rob Arnott Jan 03, 2025
    Show notes

    On today’s episode, Clay is joined by Rob Arnott to discuss the Fundamental Index, the equity risk premium, and where Rob believes we’re at in the value cycle.


    Rob Arnott is the founder and chairman of the board of Research Affiliates. Rob plays an active role in the firm’s research, portfolio management, product innovation, business strategy, and client-facing activities. He is a member of the Executive Committee of the board. Rob is co-portfolio manager on the PIMCO All Asset and All Asset All Authority funds and the PIMCO RAE™ funds.


    Over his career, Rob has endeavored to bridge the worlds of academic theorists and financial markets, challenging conventional wisdom and searching for solutions that add value for investors.


    IN THIS EPISODE YOU’LL LEARN:

    00:00 - Intro

    02:02 - What the Fundamental Index is and how it has performed over the past two decades

    16:32 - How to calculate the equity risk premium

    23:44 - Why short-term forecasts are impossible to project accurately, but long-term forecasts are not

    27:50 - Where Rob believes we are in the value cycle

    44:03 - Why companies that get removed from the index tend to outperform those that get added

    49:21 - How companies get added to the S&P 500

    And so much more!


    Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.


    BOOKS AND RESOURCES

    • Join the exclusive TIP Mastermind Communityto engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
    • Check out the Research Affiliates.
    • Follow Rob on LinkedIn.
    • Email Shawn at shawn@theinvestorspodcast.com to attend our free events in Omaha or visit this page.
    • Follow Clay on Twitter.
    • Check out all the books mentioned and discussed in our podcast episodes here.
    • Enjoy ad-free episodes when you subscribe to our Premium Feed.


    NEW TO THE SHOW?

    • Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
    • Check out our We Study Billionaires Starter Packs.
    • Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
    • 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.
    • Learn how to better start, manage, and grow your business with the best business podcasts.



    SPONSORS

    Support our free podcast by supporting our sponsors:

    • Plus500
    • Netsuite
    • Shopify
    • Vanta


    HELP US OUT!

    Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

    Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

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    BTC215: Global Macro and Bitcoin Q1 2025 w/ Luke Gromen (Bitcoin Podcast) Jan 01, 2025
    Show notes

    Luke Gromen unpacks the dynamics of stablecoins and T-bills, Bitcoin’s role as a fiscal policy marker, and the implications of yield curve control. We delve into U.S. dollar devaluation, global liquidity in 2025, and the interplay of tariff threats and international Bitcoin reserves.


    IN THIS EPISODE YOU’LL LEARN:

    00:00 - Intro

    01:10 - Why total federal receipts over 18% of GDP have historically led to recessions.

    11:25 - The connection between stablecoins and T-bill demand, and its influence on Bitcoin adoption.

    21:58 - How the Bank of England’s yield curve control impacts Bitcoin’s bullish potential.

    23:42 - Luke’s argument for early U.S. dollar devaluation to manage debt-to-GDP ratios.

    24:46 - Luke’s perspective on global liquidity trends for 2025.

    26:11 - The role of Bitcoin as a marker of U.S. fiscal policy failures.

    28:29 - How tariff negotiations could push nations to adopt Bitcoin reserves.

    29:35 - Developments in China, Canada, and France, and their potential effects on global finance.

    34:26 - Steps for transitioning to a Bitcoin standard in global credit systems.

    50:42 - Luke’s strategic approach if advising the U.S. government on managing deficits.


    Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.


    BOOKS AND RESOURCES

    • Luke’s X Account.
    • Luke’s FFTT Newsletter.
    • Check out all the books mentioned and discussed in our podcast episodes here.
    • Enjoy ad-free episodes when you subscribe to our Premium Feed.



    NEW TO THE SHOW?

    • Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
    • Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok.
    • Check out our Bitcoin Fundamentals 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.
    • Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
    • Learn how to better start, manage, and grow your business with thebest business podcasts.



    SPONSORS

    Support our free podcast by supporting our sponsors:

    • Plus500
    • Netsuite
    • Shopify
    • Vanta

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    TIP687: The Art of Thoughtful Wealth Creation w/ William Green Dec 29, 2024
    Show notes

    In today's episode, Kyle Grieve is joined by co-host William Green, who explores topics like the art of cloning and the nuances required to do it effectively, whether or not contrarianism is a trait that can be learned, the inner workings of Charlie Munger’s incredible mind, and what we can learn from him, how to improve focus while reducing noise in a complex world, the power of simplicity, why quality is so impactful, where successful investors fall on the optimism spectrum, why close-knit communities are so helpful, and much more!


    IN THIS EPISODE YOU’LL LEARN:

    00:00 - Intro

    02:53 - The most important investing concepts to adopt to tilt the odds in your favour in an uncertain world.

    10:56 - The keys to becoming an expert cloner to improve your investing and life.

    24:46 - Why you should search out win-win relationships.

    32:34 - The importance of managing emotions.

    32:34 - The three emotions that you should be aware of so you can eliminate them as fast as possible to live a better life.

    48:27 - The difficulties of being a contrarian and if contrarianism can be taught.

    01:06:41 - Why simplicity is so vital to a winning investing strategy.

    01:15:30 - The importance of living with quality in all aspects of life.

    01:34:56 - How to navigate the spectrum of optimism and pessimism.

    01:43:14 - William’s vital takeaways away from being a part of close-knit communities.

    And so much more!


    Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.


    BOOKS AND RESOURCES

    • Join the exclusive TIP Mastermind Communityto engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
    • Buy Richer, Wiser, Happier here.
    • Buy Letting Go by David Hawkinshere.
    • Follow Kyle on Twitter and LinkedIn.
    • Check out all the books mentioned and discussed in our podcast episodes here.
    • Enjoy ad-free episodes when you subscribe to our Premium Feed.


    NEW TO THE SHOW?

    • Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
    • 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.


    SPONSORS

    Support our free podcast by supporting our sponsors:

    • Plus500
    • Netsuite
    • Shopify
    • Vanta


    HELP US OUT!

    Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

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    TIP686: Big Tech Stocks w/ Adam Seessel Dec 27, 2024
    Show notes

    On today’s episode, Clay is joined by Adam Seessel to discuss the developments of Big Tech over the past couple of years. Adam is an investor in Alphabet and Amazon, and in this discussion, he shares his updated thoughts on the two since he published his book, Where the Money Is, back in 2022.

    Adam began his investing career doing research for Sanford C. Bernstein, Baron Capital, and Davis Selected Advisors. After these stints, he started his own firm, Gravity Capital Management. Since beginning a track record in the mid-2000’s he’s beaten the S&P 500. He’s been a contributor for financial writing in Barron’s and Fortune.


    IN THIS EPISODE YOU’LL LEARN:

    00:00 - Intro

    01:47 - Adam’s key realizations as a value investor over the past 20+ years.

    13:36 - How the concept of intrinsic value can help anchor us in reality even though it’s just a mental model we use to evaluate businesses.

    27:37 - Adam’s updated views on Alphabet and Amazon since he published his book in 2022.

    47:40 - Adam’s approach to taking advantage of the AI wave without paying hefty valuations.

    54:01 - Why Progressive Insurance is dominating the auto insurance space.

    And so much more!


    Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.


    BOOKS AND RESOURCES

    • Join the exclusive TIP Mastermind Communityto engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
    • Adam’s Book:Where the Money Is.
    • Follow Adam on LinkedIn.
    • Related Episode: Listen to TIP465: Value Investing in the Digital Age w/ Adam Seessel.
    • Email Shawn at shawn@theinvestorspodcast.com to attend our free events in Omaha or visit this page.
    • Follow Clay on Twitter.
    • Check out all the books mentioned and discussed in our podcast episodes here.
    • Enjoy ad-free episodes when you subscribe to our Premium Feed.


    NEW TO THE SHOW?

    • Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
    • 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.


    SPONSORS

    Support our free podcast by supporting our sponsors:

    • Plus500
    • Netsuite
    • Shopify
    • Vanta


    HELP US OUT!

    Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

    Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

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    BTC214: Sam Callahan Bitcoin Current Events Rollup (Bitcoin Podcast) Dec 25, 2024
    Show notes

    In this episode, Sam Callahan and the host explore key developments in the Bitcoin ecosystem, including BlackRock’s statement on allocation, Marathon Digital’s impressive Bitcoin strategy, and Bitcoin’s positioning as digital gold. The conversation also touches on geopolitical impacts with BRICS, U.S. policies, and Michael Saylor’s vision for Bitcoin's corporate adoption. Additionally, Sam shares insights on health and fitness for a balanced lifestyle.

    IN THIS EPISODE YOU’LL LEARN:

    00:00 - Intro

    01:25 - Why BlackRock considers a 2% Bitcoin allocation reasonable.

    06:14 - How Marathon Digital leads the Bitcoin mining space with 6% of the hashing network.

    17:14 - Jerome Powell’s statement on Bitcoin as a competitor to gold.

    19:36 - The geopolitical implications of Bitcoin in the context of BRICS and U.S. trade policies.

    26:35 - Trump administration's stance on cryptocurrency, with Scott Bessent as Treasury Secretary.

    31:30 - The paradox of meme coins like DOGE in the crypto space.

    41:16 - Insights from Michael Saylor’s presentation to Microsoft’s board about Bitcoin adoption.

    48:32 - Why diet is the key to fitness success, with minimal cardio requirements.

    50:20 - The importance of resistance training and viewing carbs as sugar for effective nutrition.

    Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.


    BOOKS AND RESOURCES

    • Sam Callahan on X.
    • Sam’s and Natalie Brunell’s Newsletter.
    • Check out all the books mentioned and discussed in our podcast episodes here.
    • Enjoy ad-free episodes when you subscribe to our Premium Feed.



    NEW TO THE SHOW?

    • Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
    • Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok.
    • Check out our Bitcoin Fundamentals 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 thebest business podcasts.



    SPONSORS

    Support our free podcast by supporting our sponsors:

    • Plus500
    • Netsuite
    • Shopify
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    TIP685: Top Takeaways From 2024 w/ Kyle Grieve & Clay Finck Dec 22, 2024
    Show notes

    In today's episode, Kyle Grieve is joined by co-host Clay Finck to summarize key learnings from 2024. We chat about the importance of focus and avoiding confusing noise, data that shows how difficult individual stock picks are to succeed in, why you should welcome disconfirming evidence, the impermanence of seemingly impenetrable businesses, how to close feedback loops to ensure investments are on the right track, the importance of being trustworthy and reliable, and much more!


    IN THIS EPISODE YOU’LL LEARN:

    00:00 - Intro

    03:11 - Why investors need to focus on the things that matter and how to avoid spending time on noise.

    09:19 - Why investors should be aware of the base rates of success of investing in individual stocks (hint, making money is a lot harder than you think).

    25:42 - How you can utilize and search out disconfirming evidence to improve your thinking processes.

    29:46 - The impermanence of business success and the importance of updating your thinking when new information becomes available.

    33:00 - The three sources of investing returns that drive the performance of a stock.

    42:53 - How to use punctuated equilibrium to be active at the correct times and inactive at the proper times.

    50:52 - Critical lessons on how to close feedback loops for long-term investors.

    1:00:29 - How to utilize the "cone of uncertainty" to signal conviction in great ideas.

    1:02:49 - Why a great business can still have times of high uncertainty.

    1:07:00 - The importance of being trustworthy and reliable.

    And so much more!


    Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.


    BOOKS AND RESOURCES

    • Join the exclusive TIP Mastermind Communityto engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
    • Listen to Clay’s interview with Chris Mayer here | YouTube Video.
    • Listen to Clay’s interview with Hendrick Bessimbinder here | YouTube Video.
    • Listen to William Greens’ interview with Bryan Lawrence here | YouTube Video.
    • Listen to Clay’s interview with Morgan Houselhere | YouTube Video.
    • Listen to Clay’s interview with John Huber here | YouTube Video.
    • Listen to Kyle’s review of What I Learned About Investing From Darwin here | YouTube Video.
    • Listen to Kyle’s interview with Annie Dukehere | YouTube Video.
    • Listen to Kyle’s review of the Nomad Partnership Letters here | YouTube Video.
    • Listen to Stig’s interview with Mohnish Pabrai here | YouTube Video.
    • Follow Kyle on Twitter and LinkedIn.
    • Check out all the books mentioned and discussed in our podcast episodes here.
    • Enjoy ad-free episodes when you subscribe to our Premium Feed.


    NEW TO THE SHOW?

    • Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
    • 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.


    SPONSORS

    Support our free podcast by supporting our sponsors:

    • Plus500
    • Netsuite
    • Shopify
    • Vanta


    HELP US OUT!

    Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

    Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

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    TIP684: Current Market Conditions & Poor Charlie's Almanack w/ Stig Brodersen & Clay Finck Dec 20, 2024
    Show notes

    On today’s episode, Clay Finck invites Stig Brodersen to discuss current market conditions and one of Stig’s favorite books — Poor Charlie’s Almanack.


    IN THIS EPISODE YOU’LL LEARN:

    00:00 - Intro

    01:23 - How Stig and Clay think about today’s market.

    08:02 - Why we expect the stock market to continue to hit new all-time highs.

    08:02 - How Stig is protecting himself against potential inflation going forward.

    39:49 - Why Stig re-reads Poor Charlie’s Almanack each year.

    49:55 - The psychological biases we need to be mindful of.

    01:02:14 - How the endowment effect can be detrimental to our portfolio’s returns.

    01:11:45 - How we can apply Munger’s principle of inversion to our lives and our portfolios.

    01:27:00 - How you can attend the live events TIP is hosting in Omaha during the Berkshire weekend.

    And so much more!


    Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.


    BOOKS AND RESOURCES

    • Join the exclusive TIP Mastermind Communityto engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
    • Book discussed:Poor Charlie's Almanack.
    • Check out Stig’s portfolio here.
    • Email Shawn at shawn@theinvestorspodcast.com to attend our free events in Omaha or visit this page.
    • Follow Clay on Twitter.
    • Check out all the books mentioned and discussed in our podcast episodes here.
    • Enjoy ad-free episodes when you subscribe to our Premium Feed.


    NEW TO THE SHOW?

    • Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
    • 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.


    SPONSORS

    Support our free podcast by supporting our sponsors:

    • Plus500
    • Netsuite
    • Shopify
    • Vanta


    HELP US OUT!

    Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

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