MI361: Poor Charlie's Almanack w/ Shawn O'Malley
发布时间 2024-07-22 09:00:00 来源
摘要
In today’s episode, Patrick Donley (@JPatrickDonley) sits down with Shawn O’Malley, Chief Editor of our newsletter, We Study Markets, to discuss what his main takeaways were from doing a deep dive into the wit and wisdom of Charlie Munger from Poor Charlie’s Almanack.
You’ll learn how Ben Franklin inspired Munger, how Buffett and Munger developed their relationship, what the key character traits were that made Munger a great investor, why it is important to be a multi-disciplinary thinker, what elementary worldly wisdom is and how to develop it, what the psychology of human misjudgment is and how to avoid it to lead a better life, plus so much more!
IN THIS EPISODE, YOU’LL LEARN
00:00 - Intro
02:17 - How Ben Franklin inspired Charlie Munger.
05:32 - How Buffett and Munger developed their relationship.
08:42 - What key character traits made Munger a great investor.
12:33 - How Munger served as a trusted devil’s advocate to Buffett.
15:30 - Why it is so important to be a multi-disciplinary thinker to succeed as an investor.
18:54 - What is elementary worldly wisdom.
25:38 - What is the psychology of human misjudgement and how to avoid it.
32:04 - Why academics should focus more on microeconomics.
35:37 - What is febezzlement.
And much, much more!
*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.
Lawrence Cunningham’s book, The Essays of Warren Buffett.
Benjamin Graham’s book, The Intelligent Investor.
William Thorndike’s book, The Outsiders.
Peter Kaufman's book, Poor Charlie’s Almanack.
Robert Cialdini's book, Influence.
Check out the books mentioned in the podcast here.
Enjoy ad-free episodes when you subscribe to our Premium Feed.
NEW TO THE SHOW?
Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
Check out our Millennial Investing Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS
Support our free podcast by supporting our sponsors:
Range Rover
Airbnb
Toyota
Public
Fundrise
NetSuite
Connect with Patrick: Twitter | Email
Connect with Shawn: Twitter | LinkedIn | Email
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
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
GPT-4正在为你翻译摘要中......