What if there was one or two things that, above all, the best investors of all time have in common? Would you be interested to know what this is? Our special guest today, William Green, has written about this in his new book, called βRicher, Wiser, Happierβ, where he draws upon his past interviews with over forty of the most successful investors of all time, to find out some of the ingredients that made them stand out. These elite group include Sir John Templeton, Charlie Munger, Howard Marks, Jack Bogle, Ed Thorp, and Joel Greenblatt. Join us as we uncover what it takes to be a truly successful investor, the benefits of deferred gratification, why being humble can lead to solid long-term returns, and the beauty of combining βman and machineβ to create a profitable, systematic approach to the markets.
Topics discussed in this episode:
The connection between philosophy and investing
Richardβs new book, βRicher, Wiser, Happierβ
The secrets behind the successful business model of Costco and Amazon
The benefits of deferred gratification
Why Ray Dalio likes to combine βman & machineβ and use a systematic approach
Why being humble can lead to great long-term returns
How to invest for the long-term, in a short-term world
The ingredients that made some of the most famous investors of all-time so reputable
https://youtu.be/lQvUdw9P3ms?si=4nDCjw3vEKqZFBKJ
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