TIP735: Compounding with Character w/ Guy Spier

We Study Billionaires - The Investor’s Podcast Network

In this episode, Stig Brodersen speaks with Guy Spier who has outperformed the S&P 500 since 1997, with a 9.6% vs. 8.8% CAGR. They explore why Guy invested in The Economist, and how friendships, service, and living by an inner scorecard guide his life and investment philosophy.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

02:27 - Why Guy Spier decided to invest in The Economist.

13:16 - How Guy is living by his inner scorecard.

55:16 - Why friendships are there for a reason, a season, or a lifetime.

55:16 - How does Guy invest in friendships?

01:09:03 - How to facilitate thoughtful conversations with friends.

01:22:03 - How do you seek wisdom?

01:44:04 - How do you identify how to best be of service?

01:57:43 - What money can and can’t buy you.

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.
• Stig’s interview with Guy Spier about his track record and risk.
• Stig’s interview with Guy Spier about investing and life.
• Stig and Preston’s interview with Guy Spier on his book, The Education of a Value Investor.
• Stig and Preston’s interview with Guy Spier about his lunch with Warren Buffett.
• Guy Spier’s book, The Education of a Value Investor – Read reviews of the book.
• Subscribe to Guy Spier’s Free Newsletter.
• Guy Spier’s podcast and website.
• Check out all the books mentioned and discussed in our podcast episodes ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.
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