MI327: Unpacking the Secrets of the World’s Greatest Investors w/ Clay Finck
发布时间 2024-02-13 10:00:00 来源
摘要
In this week’s episode, Patrick Donley sits down with Clay Finck, host of We Study Billionaires. They do a deep dive into what Clay has learned since becoming a host at TIP, what his biggest takeaways from his favorite interviews have been, who his favorite investors are, how he structures his own portfolio and handles volatility, why The Joys of Compounding is an important book to him, and much more!
Clay is a value investor who has been inspired by Chris Mayer, Nick Sleep, and Charlie Munger. He is the host of We Study Billionaires and also helps run TIP’s Mastermind community, an initiative he kickstarted in 2023.
IN THIS EPISODE, YOU’LL LEARN
00:00 - Intro.
02:00 - How Clay first got turned on to the world of value investing.
05:12 - What his first career steps were.
08:27 - What his thoughts are on index investing vs. active investing.
10:49 - How his transition from actuarial science to host of TIP went.
13:56 - What he’s learned since starting as a host as TIP and how his life has changed.
21:38 - How he has used Twitter to share his ideas.
27:11 - What he learned from Morgan Housel’s new book.
30:05 - Who he’d love to sit next to on a flight from Nebraska to New York to learn from.
47:05 - What his goal is as an investor.
50:19 - How the TIP Mastermind community has been going and what its benefits are.
58:33 - Why The Joys of Compounding is an important book for Clay.
64:52 - What’s in Clay’s portfolio and what some of his favorite holdings are.
69:48 - How he deals with volatility in his portfolio and what his typical holding period is.
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Recommended book: Rich Dad Poor Dad by Robert Kiyosaki.
Recommended book: The Compound Effect by Darren Hardy.
Recommended book: Atomic Habits by James Clear.
Recommended book: The Snowball by Alice Schroeder.
Recommended book: The Simple Path to Wealth by JL Collins.
Recommended book: Where the Money Is by Adam Seessel.
Recommended book: Same as Ever by Morgan Housel.
Recommended book: How Do You Know? by Chris Mayer.
Recommended book: Dhando Investor by Mohnish Pabrai.
Recommended book: Richer, Wiser, Happier by William Green.
Recommended book: One Up On Wall Street by Peter Lynch.
Recommended book: Zen and the Art of Motorcycle Maintenance by Robert Pirsig.
Recommended book: The Joys of Compounding by Gautam Baid.
Check out TIP587: Dino Polska: A Polish Compounder | YouTube video.
Check out TIP604: Best Quality Idea Q1 2024—Evolution AB | YouTube video.
Check out the books mentioned in the podcast here.
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