TIP519: The Education of a Value Investor by Guy Spier

Clay reviews Guy Spier’s book, The Education of a Value Investor. Guy Spier is a renowned hedge fund manager who has beaten the S&P 500 by almost 250 percentage points since launching the Aquamarine Fund in 1997. He has also been a guest on We Study Billionaires several times, including episode #14 released all the way back in 2014.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

02:27 - Guy’s story and background, and the critical mistakes he learned from the journey.

06:39 - How studying Tony Robbins and Warren Buffett changed his life.

19:48 - How writing handwritten letters helped Guy forge and develop extremely valuable and fulfilling relationships.

23:20 - What led Guy to purchase a charity lunch with Warren Buffett.

43:54 - What he learned from experiencing the great financial crisis as a fund manager.

51:45 - Why Guy values fulfillment and a life well-lived over money.

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

BOOKS AND RESOURCES

• Tune into the recent We Study Billionaires episode covering The Dhandho Investor by Mohnish Pabrai or watch the video.
• Learn how to value a company by tuning into our review of The Little Book of Valuation by Aswath Damodaran or watch the video.
• Related Episode: Listen to Guy Spier, The Education of a Value Investor–TIP014 or watch the video.
• Related Episode: Listen to Investing and Life Masterclass w/ Guy Spier–TIP414 or watch the video.
• Related Episode: Listen to How to Build Enduring Wealth w/ Guy Spier–RWH009 or watch the video.
• Guy Spier’s book: The Education of a Value Investor.
• William Green’s book: Richer, Wiser, Happier.
• Follow Clay on Twitter.

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