The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

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Latest Episodes:

BTC163: A Bitcoin HVAC & Hot Water System in the House w/ Michael Schmid (Bitcoin Podcast) Jan 03, 2024

Show notes

In this insightful episode, we dive into the dual role of Bitcoin mining rigs in both generating cryptocurrency and heating water at home. Our guest, a skilled Bitcoin engineer, shares the technical nuances and environmental considerations of his unique setup. The conversation also analyzes the strategic consequences of the Red Sea conflict, discussing its profound effects on international trade, maritime security, and the stability of the US dollar in global finance.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

01:27 - An analysis of the Red Sea's role in global trade and its geopolitical significance.

01:27 - How the conflict in the Red Sea region affects international maritime trade and shipping routes.

01:27 - Discussion on the influence of the Red Sea conflict on the stability and dominance of the US dollar.

01:27 - Insights into the broader implications of maritime security issues on global trade.

01:27 - Understanding the complex interplay between geopolitical events and their impact on global trade dynamics.

14:54 - How Bitcoin mining can be integrated with domestic heating systems, particularly for water heating.

14:54 - Understanding the environmental considerations and sustainability aspects of using Bitcoin mining rigs.

35:54 - Exploring the potential and challenges of using renewable energy sources for Bitcoin mining.

35:54 - Latest trends and technological advancements in the field of Bitcoin mining.

39:35 - Insights into the technical setup and operation of at-home Bitcoin mining rigs.

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

BOOKS AND RESOURCES

Michael Schmid’s Twitter.
Michael’s Website: Nakamoto Heating Solutions.
Check out the books mentioned in the podcast here.

NEW TO THE SHOW?

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.
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:

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

TIP597: Darwin's Investing Lessons w/ Kyle Grieve Jan 02, 2024

Show notes

On today’s episode, Kyle shares the lessons he learned from reading What I Learned About Investing From Darwin by Pulak Prasad.

The book is authored by Pulak Prasad, an investor out of India who helps run Nalanda Capital. From 2007 to 2022, they compounded their capital at 19% per annum turning 1 rupee into 13.8 rupees during that time sample!! But more important than their track record is the unique ways they run their fund.

The book illuminates 3 key principles that Nalanda uses for its investing framework:

1. Avoid big risks.

2. Buy high-quality at a fair price.

3. Don’t be lazy – be very lazy.

To help readers understand why he invests this way he dives deep into many of Darwin’s principles to help you understand their potential power in investing.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

20:26 - What a cheetah can teach you about risk

24:33 - Why you should be more focused on risk than returns

25:40 - How things in nature and investing mostly stay the same

27:42 - Some interesting data on why great companies remain great, and poor companies remain mediocre

28:29 - What a Russian scientist can teach us about the power of focusing on one investing metric to help identify wonderful businesses

34:58 - The importance of robustness in nature, and why you should search for the same attribute in business

37:00 - How to identify businesses that can evolve in a fast-changing world and remain on top

43:01 - What guppies can teach us about honest and dishonest signaling

46:06 - Why we should prioritize the past over making bold predictions

48:11 - How to invest without ever doing a discounted cash flow ever again

51:05 - What bear teeth and finches can teach us about the importance of avoiding noise

55:20 - How to use the presence of noise as an opportunity to outperform

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 What I Learned About Investing From Darwin.
Learn more about the Berkshire Summit by clicking here or emailing Clay at clay@theinvestorspodcast.com.
Follow Kyle on Twitter and LinkedIn.
Check out the books mentioned in the podcast here.

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:

HELP US OUT!

Help us reach new listeners by leaving us arating and review on Apple Podcasts! 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

TIP596: Building Wealth Through High-Quality Stocks w/ Stig Brodersen and Clay Finck Dec 31, 2023

Show notes

On today’s show, Stig Brodersen talks with co-host Clay Finck. They outline how and why you should invest in high-quality businesses.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

01:43 - How to identify the best businesses

06:00 - Why you need to focus on barriers of entry when assessing a stock

06:44 - Why competition is for losers

18:28 - When management is important and not important in high-quality investing

23:07 - How you want the management to be compensated

24:41 - Why insider ownership is not only important but even more so how it was acquired.

57:13 - Why you should invest in stocks with two engines

1:03:01 - What is the Berkshire Summit, and how do you attend?

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, and the other community members.
Our episode with Christian Billinger about quality investing | YouTube Video.
Our episode on The Outsidersabout the best CEOs | YouTube Video.
Our episode about Dino Polska. A compounder with high insider ownership | YouTube Video.
Chris Mayer’s book, 100-baggers - read reviews of this book.
Lawrence Cunningham’s book, Quality Investing - read reviews of this book.
Robert Pirsig’s book, Zen and the Art of Motorcycle Maintenance - read reviews of this book.
Check out the books mentioned in the podcast 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.

SPONSORS

Support our free podcast by supporting our sponsors:

HELP US OUT!

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

TIP595: Stock Market History & The AI Bubble w/ Jamie Catherwood Dec 29, 2023

Show notes

On today’s episode, Clay is joined by financial history expert, Jamie Catherwood, to discuss market forecasting, interest rates, and the efficiency of markets from a historical perspective.

Jamie Catherwood is a Client Portfolio Specialist at O'Shaughnessy Asset Management and also the author of the popular blog, Investor Amnesia.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

01:35 - Why we shouldn’t try to make market forecasts.

04:56 - Psychological biases that play into why investors are prone to forecast markets.

08:47 - How we can determine which market forecasts are worth putting weight on.

17:10 - Jamie’s thoughts on the AI craze of 2023.

25:52 - Jamie’s take on where interest rates may head from here.

30:23 - Broader consequences of zero percent interest rates and loose monetary policy.

33:59 - Historical examples of governments restructuring their debt.

40:47 - How investor access to information has impacted the efficiency of markets.

47:53 - Jamie’s favorite book from 2023.

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, and the other community members.
Learn more about the Berkshire Summit by clicking here or emailing Clay at clay@theinvestorspodcast.com.
Related Episode: TIP505: The Price of Time w/ Edward Chancellor | Youtube Video.
Jamie’s blog: Investor Amnesia.
Jamie’s Sunday Reads Blog.
Marc Andreeson’s article: Why Software Is Eating the World.
Books mentioned: Seeking Wisdom by Peter Bevelin, Confusion de Confusiones by Josef De La Vega, The Price of Time by Edward Chancellor, and Taming the Street by Diana B. Henriques.
Follow Jamie on Twitter.
Follow Clay on Twitter.
Check out all the books mentioned and discussed in our podcast episodes 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.

SPONSORS

Support our free podcast by supporting our sponsors:

HELP US OUT!

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

BTC162: The Free Speech Solution - Primal's Miljan Braticevic (Bitcoin Podcast) Dec 27, 2023

Show notes

In the podcast 'The Free Speech Solution' with Miljan Braticevic, we explore Nostr's role in free speech and its unique aspects. The discussion covers why Nostr is pivotal, its ecosystem, and Primal's user-focused approach, featuring an integrated wallet and open-source stack. Key topics include Zaps, reshaping content publishing, content moderation in open networks, Primal Wallet's innovations, and partnerships. Insights into Nostr's current technical challenges and entrepreneurial lessons, along with future prospects for both Nostr and Primal, are also highlighted.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

01:59 - The Fundamentals of Nostr: Understand what Nostr is and why it's essential for free speech and decentralization.

01:59 - Technical Hurdles in Nostr Development: Gain insight into the major technical challenges currently faced in the development of Nostr.

28:54 - Primal's User-Centric Approach: Learn about Primal's focus on optimizing user experience, onboarding, and performance.

35:01 - Integration of Wallet in Primal: Insights into the integrated wallet feature and its significance for users.

35:12 - Unique Features of Nostr: Discover what sets Nostr apart from other protocols and why it's considered a game-changer.

35:12 - The Role of Zaps in Nostr: Explore how Zaps are fundamental to Nostr and their potential to reshape content publishing and the web.

37:12 - Innovations in Primal Wallet: Learn about the unique features of the Primal Wallet, including its Bitcoin address system and partnership with Strike.

38:19 - Entrepreneurial Lessons and Future Visions: Hear about key learnings as an entrepreneur and the future roadmap for Nostr and Primal.

01:00:47 - Open Sourcing in Primal: Understand Primal's commitment to open sourcing their entire stack and its impact.

01:00:47 - Challenges of Content Moderation: Delve into the complexities of moderating content on a radically open network like Nostr.

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

BOOKS AND RESOURCES

Try out the Primal App on Nostr.
Miljan’s Nostr Account.
Preston’s Nostr Account.
Check out the books mentioned in the podcast here.

NEW TO THE SHOW?

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.
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:

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

RWH038: The $2.6 Trillion Man w/ Rick Rieder Dec 24, 2023

Show notes

In this rare, in-depth interview, William Green chats with super investor Rick Rieder, who oversees about $2.6 trillion at BlackRock, the world’s largest asset manager. Rick, who probably manages more money than any other investor on Earth, has an enormous range of responsibilities: he’s BlackRock’s chief investment officer of Global Fixed Income, head of the firm’s Global Allocation Investment Team, and chairman of the firm-wide BlackRock investment council. A true titan of the investing world, he recently won Morningstar’s 2023 award for Outstanding Portfolio Manager.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

05:57 - What Rick Rieder learned from a disastrous early investment.

24:43 - Why he focuses relentlessly on leverage, liquidity, & cashflow.

40:13 - How access to vast amounts of data gives him an edge.

43:27 - How he distinguishes meaningful news from meaningless noise.

49:13 - Why he gets grumpy in bull markets & relishes periods of dislocation.

55:49 - What great investors like Ray Dalio & David Tepper have in common.

57:46 - How Rick views the current economic outlook.

1:03:16 - How to take advantage of the “incredible blessing” of high bond yields.

1:13:31 - How he operates on 4 ½ hours of sleep.

1:16:00 - Why he loves to trade in the middle of the night.

1:19:34 - How he handles extreme levels of stress & responsibility.

1:24:40 - How he’s maintained a happy family life, despite a fanatical work ethic.

1:30:36 - Why his hero is Cal Ripken, the Iron Man of baseball.

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

BOOKS AND RESOURCES

Rick Rieder’s article on “The Fixed Income Opportunity for 2024”.
Rick Rieder’s Strategic Income Opportunities Fund.
Rick Rieder’s Total Return Fund.
Follow Rick Rieder on X (AKA Twitter).
William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book.
William Green’spodcast interview with Ray Dalio | YouTube video.
Follow William Green on X (AKA Twitter).
Check out all the books mentioned and discussed in our podcast episodes here.

NEW TO THE SHOW?

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.

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.

SPONSORS

Support our free podcast by supporting our sponsors:

HELP US OUT!

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

BTC161: Decentralizing Bitcoin Mining Pools w/ Bitcoin Mechanic (Bitcoin Podcast) Dec 20, 2023

Show notes

Preston Pysh sits down with Bitcoin Mechanic to discuss Ocean's disruptive mining pool model, emphasizing non-custodial payments and transparent block templates. They tackle the current mining centralization trend, the innovative PoW marketplace for 2024, and respond to the controversy around the alleged censorship of certain Bitcoin transactions.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

18:24 - The significance of transparent block templates in mining.

18:24 - Details of Ocean's upcoming proof of work (PoW) marketplace.

29:00 - The impact of miners constructing their own block templates.

37:35 - Ocean's response to the community's concerns about transaction selection.

49:50 - The arguments for and against transaction censorship in Bitcoin.

56:59 - Ocean's unique non-custodial payment system for miners.

01:15:57 - The role of centralization in the current Bitcoin mining ecosystem.

01:15:57 - Insights into the potential future of Bitcoin mining and network security.

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

BOOKS AND RESOURCES

Check out Ocean mining pool at ocean.xyz.
Bitcoin Mechanic on Twitter.
Check out the books mentioned in the podcast here.

NEW TO THE SHOW?

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:

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

TIP593: Elon Musk by Walter Isaacson Dec 17, 2023

Show notes

On today’s episode, Clay shares the lessons he learned from reading Elon Musk by Walter Isaacson.

As our audience knows, Elon is, financially speaking, one of the world’s most successful individuals as Forbes has his net worth estimated at $248 billion, making him the richest individual on the planet.

25 years ago, Elon was making his mark in Silicon Valley in the early days of PayPal, and today he is launching dozens of rockets into orbit, taking the lead in the world’s transition to electric vehicles, actively working to stay on top of the world of AI, and has taken over one of the world’s largest social networks in Twitter, now known as X.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro.

03:48 - The highlights of Elon Musk’s childhood and upbringing in South Africa.

07:03 - The key themes Clay found in Elon’s life.

07:40 - Peter Theil’s key insight in working with Elon.

10:01 - How Elon and Kimbal made their way to the United States.

13:34 - The three fields Musk found in college that he decided he wanted to commit his life to.

15:25 - The early businesses that Elon and Kimbal Musk started in the 90s.

16:58 - What led Elon to join forces with Peter Thiel and create PayPal.

22:29 - The beginnings of SpaceX.

24:26 - The early key decisions within Tesla.

29:35 - Business tactics Elon Musk used that were similar to Steve Jobs.

29:57 - Elon’s master plan for Tesla.

32:44 - What made the great financial crisis one of the most troubling periods of Elon’s career.

53:14 - How Elon got interested in artificial intelligence.

58:58 - How Tesla made it through what Musk called “Production Hell.”

01:11:33 - The backstory of the Cybertruck, Starlink, & Optimus.

01:30:04 - The story of Elon’s takeover of Twitter.

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, and the other community members.
Check out Elon Musk by Walter Isaacson.
Book Mentioned: The Hitchhiker’s Guide to the Galaxy.
Learn more about Tesla’s developments in artificial intelligence.
Learn more about the Berkshire Summit by clicking here or emailing Clay at clay@theinvestorspodcast.com.
Related Episode: TIP417: The Incredible Story of the PayPal Mafia w/ Jimmy Soni or watch the video.
Check out all the books mentioned and discussed in our podcast episodes 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.