logo
episode-header-image
Jul 2022
1h 48m

RWH009: How to Build Enduring Wealth w/ ...

The Investor's Podcast Network
About this episode

IN THIS EPISODE, YOU'LL LEARN:

  • 00:03:02 - How Guy Spier’s ancestors lost their family fortune and became refugees in the 1930s.
  • 00:11:41 - How Guy was shaped by this story and embarked on a quest to restore their lost fortune.
  • 00:24:20 - Why investors need to recognize that nothing is stable and everything changes.
  • 00:28:12 - Why Guy settled in Switzerland and why he worries about the future of the U.S.
  • 00:35:34 - Why he doesn’t like Bitcoin or gold, preferring to own “productive assets.”
  • 00:45:11 - Why it’s critical to invest in a way that’s true to your own nature.
  • 00:51:00 - Why so many highly intelligent and talented fund managers end up failing.
  • 00:59:45 - How the crash of overvalued growth stocks proves again that “price really does matter.”
  • 01:03:17 - Why Nick Sleep’s concept of “destination analysis” is such a valuable filter for investors. 
  • 01:14:08 - How to prosper by owning great businesses that occupy the “economic high ground.” 
  • 01:27:00 - Why it’s so important to size your bets correctly and not get too carried away.
  • 01:36:31 - How Guy clones people like Warren Buffett and Mike Ovitz, yet tries to be true to himself.
  • 01:44:34 - How Buffett taught him that every person is an equal soul and should carry equal weight.
  • 01:48:38 - What Buffett figured out about the benefits of becoming more lovable and kinder.


*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.


BOOKS AND RESOURCES


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

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

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

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

Up next
Aug 24
TIP747: John Neff: The Value Investor Who Quietly CRUSHED the S&P 500 w/ Kyle Grieve
On today’s episode, Kyle Grieve discusses legendary value investor John Neff, one of the most underrated investors in value investing, who quietly outperformed the S&P 500 for decades. You’ll learn more about Neff’s contrarian mindset, his focus on low PE stocks, and his discipli ... Show More
1h 3m
Aug 22
TIP746: ASML: Europe's Tech Monopoly
In this episode, Clay unpacks the extraordinary rise of ASML — a little-known Dutch company that quietly became the most important player in global technology. Since its IPO in 1995, ASML has compounded at 20% annually. ASML holds one of the most powerful monopolies on earth as i ... Show More
1h 11m
Aug 20
BTC248: Bitcoin’s Institutional Wave w/ Willy Woo, Max Kei, Efrat Fenigson, and Preston Pysh at Baltic Honeybadger (Bitcoin Podcast)
A sharp panel debates Bitcoin’s “institutional phase”: BlackRock’s ETF as catalyst, SEC policy shifts on in-kind redemptions, and the boom in corporate treasury strategies. They probe Coinbase custody concentration, nationalization risks, Tether’s role, and why self-custody remai ... Show More
41m 47s
Recommended Episodes
Feb 2023
REI162: The Power of Mindset w/ Jeff Higgins
Patrick Donley talks with Jeff Higgins about building a self-managed portfolio, managing remote rentals, and his learnings from being a men’s success coach.Jeff is a real estate investor with a portfolio of 87 units — 57 in Massachusetts and 30 in Florida. He self-manages his pro ... Show More
1h 2m
Mar 2023
REI171: The Journey to Early Retirement w/ Dave from Side Hustle Houses
Patrick Donley sits down with Dave from Side Hustle Houses on real estate Twitter, to talk about his journey to early retirement through building out his real estate portfolio. Learn the steps Dave has taken to grow his portfolio from an initial house hack to five rentals on an e ... Show More
1h 5m
Mar 2023
REI173: The Power of Cost Segregation w/ Yonah Weiss
Yonah Weiss does a deep dive on cost segregation. As business director at Madison SPECS, a national cost segregation leader, he’s assisted clients in saving hundreds of millions of dollars on taxes through cost segregation. IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro08:02 - What ... Show More
1 h
Apr 2023
REI177: Building Wealth One Deal at a Time w/ Patrick Donley
Patrick Donley sits down with Nick Hill and Dan Foch from The Canadian Real Estate Investor podcast where they interview Patrick on how he got started in his real estate investing career, his real estate investing strategies, the pros and cons of running a fix and flip business, ... Show More
1h 1m
Sep 2022
MI Rewind: Investing Like Warren Buffett w/ Jake Taylor
IN THIS EPISODE, YOU’LL LEARN: 00:37 - How encountering Warren Buffett changed Jake’s life. 09:36 - Jake’s motivation for writing The Rebel Allocator. 27:19 - How Jake is positioning his portfolio in these expensive market conditions. 29:42 - Why Berkshire Hathaway’s recent under ... Show More
1h 2m
Oct 2022
MI Rewind: Investing Is Your Superpower w/ Shinobu Hindert
IN THIS EPISODE, YOU’LL LEARN: 03:50 - What made Shinobu want to branch out on her own despite doing so well in the corporate world as a financial advisor? 05:51 - What made Shinobu want to write another book about money and what guided her to make it different than the rest? 08: ... Show More
39m 13s
Oct 2022
MI Rewind: A Rational Approach to Investing w/ Tobias Carlisle
IN THIS EPISODE, YOU’LL LEARN: 02:00 - How Tobias ended up becoming a value investor. 07:43 - What investors had a big impact on Tobias’s own development. 32:20 - How inflation impacts his overall thought process for stock investing. 44:03 - Tobias’s thoughts on an appropriate di ... Show More
52m 1s
Apr 2022
MI Rewind: Investing in Commodities with David Morgan
IN THIS EPISODE YOU’LL LEARN: 03:37 - What are commodities, and how do you invest in them? 06:33 - How you can invest in commodities through ETFs. 16:59 - When is the "right time to buy"? 25:16 - Why David invests in silver. 28:00 - Why do investors avoid investing in precious me ... Show More
57 m
Jan 2022
MI Rewind: How to Become A Successful Entrepreneur with Sean Castrina
IN THIS EPISODE YOU’LL LEARN: 12:50 - Can entrepreneurship be taught? 21:03 - Does an MBA help someone become a successful entrepreneur? 27:09 - How to stay motivated at your business. 35:13 - How to fund and market your business. 43:08 - The 5 Golden Rules for a Successful Start ... Show More
50m 43s
May 2024
MI352: The Passive Income Playbook w/ Michael Hoffmann
In today’s episode, Patrick Donley (@JPatrickDonley) sits down with Mike Hoffman, known as Mr. Passive on Twitter to chat about how he is building multiple passive income streams and teaching others to do the same. You’ll learn how wanting freedom motivated Mike to begin building ... Show More
1h 2m