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Inhoud geleverd door Stig Brodersen and The Investor's Podcast Network. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Stig Brodersen and The Investor's Podcast Network of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
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TIP640: Investing: The Last Liberal Art w/ Clay Finck & Kyle Grieve

1:07:23
 
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Manage episode 425984515 series 1394353
Inhoud geleverd door Stig Brodersen and The Investor's Podcast Network. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Stig Brodersen and The Investor's Podcast Network of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

On today’s episode, Clay and Kyle dive into Robert Hagstrom’s book — Investing: The Last Liberal Art. Charlie Munger is famous for popularizing the use of mental models and pulling key ideas from related fields and implementing them to the world of investing. In today’s episode, that’s exactly what we do, starting with the fields of physics, biology, sociology, and psychology.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

01:27 - How learning new mental models can help us be better investors.

10:49 - Concepts in physics that we can carry over to investing.

25:35 - Lessons we can learn from evolution and complex adaptive systems.

42:00 - What leads to a stock oscillating above and below the intrinsic value.

54:15 - The primary psychological biases as lead to investment mistakes.

01:05:43 - Why Lumine’s incentive structure is a structure worth studying.

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 Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
  • Buy Investing: The Last Liberal Art here.
  • Read Seeking Winners blog here.
  • Buy What I Learned about Investing from Darwin here.
  • Buy The Uncertainty Solution here.
  • Learn more about Charlie Munger’s speech here.
  • Learn more about Mental Models here.
  • Read Li Lu’s write-up on value investing in China here.
  • Buy Poor Charlie’s Almanck here.
  • Follow Clay on Twitter and LinkedIn.
  • 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?

SPONSORS

Support our free podcast by supporting our sponsors:

HELP US OUT!

Help us reach new listeners by leaving us a rating 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!

Learn more about your ad choices. Visit megaphone.fm/adchoices

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

  continue reading

911 afleveringen

Artwork
iconDelen
 
Manage episode 425984515 series 1394353
Inhoud geleverd door Stig Brodersen and The Investor's Podcast Network. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Stig Brodersen and The Investor's Podcast Network of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

On today’s episode, Clay and Kyle dive into Robert Hagstrom’s book — Investing: The Last Liberal Art. Charlie Munger is famous for popularizing the use of mental models and pulling key ideas from related fields and implementing them to the world of investing. In today’s episode, that’s exactly what we do, starting with the fields of physics, biology, sociology, and psychology.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

01:27 - How learning new mental models can help us be better investors.

10:49 - Concepts in physics that we can carry over to investing.

25:35 - Lessons we can learn from evolution and complex adaptive systems.

42:00 - What leads to a stock oscillating above and below the intrinsic value.

54:15 - The primary psychological biases as lead to investment mistakes.

01:05:43 - Why Lumine’s incentive structure is a structure worth studying.

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 Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
  • Buy Investing: The Last Liberal Art here.
  • Read Seeking Winners blog here.
  • Buy What I Learned about Investing from Darwin here.
  • Buy The Uncertainty Solution here.
  • Learn more about Charlie Munger’s speech here.
  • Learn more about Mental Models here.
  • Read Li Lu’s write-up on value investing in China here.
  • Buy Poor Charlie’s Almanck here.
  • Follow Clay on Twitter and LinkedIn.
  • 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?

SPONSORS

Support our free podcast by supporting our sponsors:

HELP US OUT!

Help us reach new listeners by leaving us a rating 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!

Learn more about your ad choices. Visit megaphone.fm/adchoices

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

  continue reading

911 afleveringen

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