TIP513: Warren Buffett's Money Mind

IN THIS EPISODE YOU’LL LEARN:

• 02:54 - What it means to have a “Money Mind”.
• 10:08 - How Warren's father’s Libertarian viewpoints rubbed off on Warren’s business mind.
• 24:29 - How Buffett continued to evolve as an investor as the investment landscape changed.
• 29:24 - Tom Gayner’s description of the three stages of value investing that has played out over time.
• 36:15 - How Bill Miller helped value investors realize that value is sometimes found in the most unexpected places.
• 45:04 - How Buffett’s mindset differs from that of academics.
• 45:23 - Why Buffett views stock market volatility as an opportunity rather than the risk in a company.
• 50:21 - Why investors focused on the process rather than the outcome are better positioned to succeed in the long run.

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

BOOKS AND RESOURCES

• Tune into the recent We Study Billionaire’s episode covering Peter Lynch.
• Learn about Buffett's Purchase of TSM & Meta "Doomsday" Analysis.
• Robert Hagstrom’s books: Inside the Ultimate Money Mind, The Warren Buffett Way, & The Warren Buffett Portfolio.
• Follow Clay on Twitter.

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