TIP492: The Best Investor You've Never Heard of

IN THIS EPISODE, YOU'LL LEARN:

• 00:38:03 - Nick Sleep’s investment philosophy and how he was able to outperform the market from over his fund's tenure.
• 00:06:02 - Why Sleep bet big on Amazon and Costco in the early years of his fund.
• 00:14:54 - What fundamentally set Amazon and Costco apart from all other companies.
• 00:15:33 - Sleep’s ideas related to portfolio management and portfolio diversification.
• 00:23:14 - How Sleep uses Destination Analysis in selecting investment opportunities.
• 00:25:43 - How Sleep capitalized on purchasing cheap stocks during the great financial crisis.
• 00:36:45 - Some thoughts on one of Sleep’s recent purchases in ASOS.

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

BOOKS AND RESOURCES

• Listen to Clay’s previous episode covering Warren Buffett's 12 Investment Principles.
• Learn how Warren Buffett built his $100 billion fortune here.
• Check out Bill Miller and William Green's conversation here.
• Check out John Huber's episode on Millennial Investing here.
• William Green's book - Richer, Wiser, Happier.
• Follow Clay on Twitter and Instragram.

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

P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!

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