In this unusually personal and candid episode, William Green answers a wide range of probing questions posed by listeners to his podcast and readers of his book, “Richer, Wiser, Happier: How the World’s Greatest Investors Win in Markets & Life.” Here, William discusses the key qualities, principles, and practices he’s observed in the best investors; how they handle adversity; what he’s learned from his own setbacks, failures, and mistakes; and how he’d invest if he were starting over.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
01:19 - What were the three best decisions William Green ever made?
17:04 - What Charlie Munger and Bill Miller can teach us about handling adversity.
23:40 - Why he views indomitable perseverance as the key to success.
34:52 - What drives investing stars like Bill Ackman, Will Danoff, and Mario Gabelli.
48:19 - Why the best investors focus on reducing complexity.
01:03:58 - How to succeed while constructing a calmer, more spacious life.
01:12:50 - How William approaches the art of interviewing.
01:38:22 - What he learned when his career (and profession) went up in smoke.
01:48:39 - What his worst investment mistakes taught him about building wealth.
01:53:28 - How investors can prosper mightily by getting the big things right.
01:55:23 - How he’d invest if he were starting over again.
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.
- William Green’s podcast interview with Annie Duke.
- William Green’s podcast interview with Samantha McLemore.
- William Green’s podcast interview with Tsoknyi Rinpoche & Daniel Goleman.
- William Green’s podcast interview with Bill Nygren.
- William Green’s podcast interview with Brad Stulberg.
- Guy Spier's The Education of a Value Investor.
- Marcus Aurelius' Meditations.
- Jim Stockdale's Thoughts of a Philosophical Fighter Pilot.
- Daniel Goleman & Richard Davison's Altered Traits.
- Daniel Goleman & Tsoknyi Rinpoche's Why We Meditate.
- William Green’s TEDx Talk.
- William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book.
- Follow William Green on X.
- Check out all the books mentioned and discussed in our podcast episodes here.
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