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TIP733: How Warren Buffett Became Warren Buffett
Manage episode 491406238 series 1394353
On today’s episode, Kyle Grieve discusses how Warren Buffett evolved from a young entrepreneur with an intense fascination for numbers into one of history’s most disciplined and independent investors. The episode explores the key influences, early lessons, and defining choices that shaped his unique approach to business and capital allocation.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
03:04 - How Buffett showed business instincts as a young boy
03:44 - How Buffett used scuttlebutt early in his career
04:26 - The influence Buffett’s father had on his mindset
11:06 - Three timeless principles Buffett learned from Ben Graham
19:11 - The period Buffett compounded at over 50% annually
23:49 - How a “cigar butt” taught Buffett pricing power
29:33 - Why Buffett embraced concentrated investing from the start
45:14 - Why Buffett saw media companies as modern-day toll bridges
54:02 - Buffett’s core disagreement with efficient market theory
1:00:00 - What Buffett learned while rescuing Salomon Brothers
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here.
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
- Buy a copy of Buffett: The Making of an American Capitalist here.
- Follow Kyle on X 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?
- Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
- Check out our We Study Billionaires Starter Packs.
- Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
- Browse through all our episodes (complete with transcripts) here.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS
Support our free podcast by supporting our sponsors:
- SimpleMining
- Hardblock
- AnchorWatch
- Unchained
- Human Rights Foundation
- Vanta
- Indeed
- Fundrise
- Onramp
- reMarkable
- Shopify
- Abundant Mines
- River Financial
- The Bitcoin Way
HELP US OUT!
Help us reach new listeners by leaving us a rating and review on Spotify! 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!
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
1068 episodes
Manage episode 491406238 series 1394353
On today’s episode, Kyle Grieve discusses how Warren Buffett evolved from a young entrepreneur with an intense fascination for numbers into one of history’s most disciplined and independent investors. The episode explores the key influences, early lessons, and defining choices that shaped his unique approach to business and capital allocation.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
03:04 - How Buffett showed business instincts as a young boy
03:44 - How Buffett used scuttlebutt early in his career
04:26 - The influence Buffett’s father had on his mindset
11:06 - Three timeless principles Buffett learned from Ben Graham
19:11 - The period Buffett compounded at over 50% annually
23:49 - How a “cigar butt” taught Buffett pricing power
29:33 - Why Buffett embraced concentrated investing from the start
45:14 - Why Buffett saw media companies as modern-day toll bridges
54:02 - Buffett’s core disagreement with efficient market theory
1:00:00 - What Buffett learned while rescuing Salomon Brothers
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here.
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
- Buy a copy of Buffett: The Making of an American Capitalist here.
- Follow Kyle on X 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?
- Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
- Check out our We Study Billionaires Starter Packs.
- Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
- Browse through all our episodes (complete with transcripts) here.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS
Support our free podcast by supporting our sponsors:
- SimpleMining
- Hardblock
- AnchorWatch
- Unchained
- Human Rights Foundation
- Vanta
- Indeed
- Fundrise
- Onramp
- reMarkable
- Shopify
- Abundant Mines
- River Financial
- The Bitcoin Way
HELP US OUT!
Help us reach new listeners by leaving us a rating and review on Spotify! 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!
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
1068 episodes
All episodes
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