Investing Tips from the World’s Top Investors

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martinis and your money

Investing Tips from the World’s Top Investors

On today’s podcast, I am talking to William Green, the author of the new book, The Great Minds of Investing, which provides insights and perspective from 33 of the top investors in the world. Included in this amazing list are Warren Buffett, Mohnish Pabrai, John Spears and Tom Gaynor. Together this group is responsible for managing trillions of dollars of investor money, and William shares what he learned from spending one-on-one time with this impressive group.

What are we drinking?

William – 5th coffee of the day

Shannon – 1st and only cup of coffee of the day

Podcast Notes:

  • William gives the background as to how this book was created.
  • Between the 33 investors highlighted in the book, William estimates that they manage more than $1 trillion in assets
  • William shares that most of these investors are heavily influenced by Warren Buffett and his philosophies
  • Shannon asks out of the 33 great minds on the list, how many are women
  • William talks about why many top fund managers tend to be men

Characteristics of Great Investors

  • They think for themselves and detach themselves from the crowd
  • They consider the downside more than the upside
  • They have a high pain tolerance – they don’t always make the right decisions and it’s easy to want to close shop when things get tough, but the best investors stick with their plans and live through the pain.
  • William shares why the average investor has an upper hand over the best fund managers around

Random Three Questions William Answered:

  1. What was your most fascinating interview?
  2. What is one of your biggest financial regrets?
  3. What is your favorite thing to do to unwind?

What investment tips do you have for successful investing?

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Shannon is a financial planner who left a “traditional” financial services firm to start her own company, The Financial Gym, because she felt traditional financial services firms did not have the tools or resources to help people in their 20s and 30s who are starting out and trying to build assets while also managing debt. She realized that the key to long-term personal financial success is a commitment to financial fitness and making smart financial choices. Through her blog, Financially Blonde, her book, Train Your Way To Financial Fitness, her podcast, Martinis and Your Money and The Financial Gym, Shannon is committed to making financial fitness fun, easy and accessible for everyone.

3 COMMENTS

  1. I enjoyed this podcast. I think detaching oneself from the crowd and considering—but not letting it limit—your appetite for risk is important. At the end of the day, research is so important. Thank you for sharing this!

  2. Before embarking in investment, one should be ready not only financially but also mentally as well as emotionally because full commitment is required. And, I like the thoughts of William. He seems a nice and intelligent guy. Thanks for this podcast.

  3. Great podcast! It’s always great hearing and learning about Buffet and Munger. I agree with listening to less media advice can be a great thing for investing.

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