We Study Billionaires - The Investors Podcast

In this episode, the mastermind members discuss the following topics:

  • Why Berkshire Hathaway is building a small equity position in the airline industry.
  • Why gold might be a good asset class depending on the country you live in.
  • What has caused the sell-off in bonds and how that will influence the stock market.
  • Why India recently took the biggest currency bills out of circulation overnight.
Direct download: TIP_-_118_-_Mastermind_-_final_mp3.mp3
Category:Investing -- posted at: 7:00pm EDT

In this episode, we interview one of the best investors of all time, Bill Miller.  We discuss the following topics:

  • Why Bill thinks some value investors miscalculate the value of Amazon.
  • Why billionaire macro investors think that bond yields might go to 6% in 12-18 months.
  • If the Enterprise Multiple is the best key ratio to filter stocks by.
  • Why Bill thinks Apple was a bad capital allocator and how they have improved.
  • How Bill views the value of Tesla at the end of 2016.
Direct download: TIP_-_117_-_Bill_Miller_final_v2.mp3
Category:Investing -- posted at: 7:00pm EDT

In this episode we study:

- Ray Dalio's thoughts on whether the Bond Market has ended it's Bull Streak 

- Why Cash might be a great call option on all asset classes

- Thoughts on the current conditions of Gold

- What an economic reset is and how it applies to today's market

- Why the dollar is the primary reserve currency on borrowed time  

Direct download: TIP_-_116_-_Grant_Williams_final_mp3.mp3
Category:Investing -- posted at: 7:00pm EDT

In this episode, you'll learn:

  • If the presidential election will have any impact on the stock market.
  • An alternative approach to invest in an overvalued market.
  • How to use options as a value investor.
  • How Warren Buffett used a special investing strategy to achieve 29.5% over a 12 years period
  • Ask the investor: How to start your career as a value investor
Direct download: TIP_-_115_-_Toby_Carlisle_-_final_mp3.mp3
Category:Investing -- posted at: 7:00pm EDT

In this episode, you'll learn:

  • Why we faced a crisis in 1998 and 2008, and why me might have an even bigger crisis in 2018.
  • That the FED is leveraged 113-1, and why the IMF will be bailing out the FED during the next crisis.
  • What “SDR money ” is and why it will become the new global currency anyone noticing it.
  • Why the conventional economic models are wrong, and which type of science should be used to replace it.
Direct download: TIP_-_113_-_Jim_Rickards_Pt_1_of_2_-_final_mp3.mp3
Category:Investing -- posted at: 7:00pm EDT

In this episode, you'll learn:

  • How Bill Gates and Paul Allen founded Microsoft and why it couldn’t have happened without their complimentary skill sets.
  • Why Bill Gates and Paul Allen had all the right external factors on their side to become billionaires.
  • What you might do when you retire at age 30 and have more than a billion dollars.
  • If Microsoft has the right business strategy for the future.
Direct download: TIP_-_112_-_Idea_Man_-_final_mp3.mp3
Category:Investing -- posted at: 7:00pm EDT

In this episode, you'll learn:

  • Why the best company leaders consider themselves lucky rather than skilled, and why you should do the same.
  • How to find the right people for your organization by asking “why” multiple times.
  • Why and when it pays to be a pessimist in life and in business.
  • Why the great companies would rather use technology as an accelerator, but never as a creator for their concepts.
  • Why success always looks to be happening overnight, but in reality is always a question of consistency.
Direct download: TIP_-_111_-_From_Good_To_Great_-_final_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, you'll learn:

  • Why margin debt might be a good indicator for future stock returns
  • Why cash and real assets like gold are the least risk right now
  • How Preston’s junk bond position has performed
  • Which monetary policy Janet Yellen should execute
  • Why Minsky’s theory is important for volatility trading
  • Ask the Investors: How do I value goodwill?
Direct download: TIP_-_110_-_final_mp3_-_Jesse_Felder.mp3
Category:Investing -- posted at: 7:58pm EDT

In this episode, you will learn about the following ideas:

  • If Warren Buffet can achieve a 50% return on $1 Million dollars
  • The importance of catalysts in value investing
  • Preston and Stig’s thoughts on home ownerships and REITs as investments
  • If you should invest in foreign bonds
Direct download: TIP_-_109_-_Audience_Questions_-_final_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, we read William Thorndike's book, The Outsiders.  The book talks about eight CEOs that had radically high returns and how they achieved such results. This episode covers the following topics. 

  • Why you want the CEO to think more like a capital allocator than a traditional CEO
  • How the best capital allocators create arbitrage on their own stocks
  • How to use debt intelligently when growing your company
  • How and why the most profitable companies do not compete on price
Direct download: TIP_-_108_-_The_Outsiders_-_final_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, you will learn about the following ideas.

  • How to rise to the top of the corporate world
  • Why you should openly rank your employees and reward them accordingly
  • How to provide feedback for your boss
  • The one question you should ask to identify the best candidate for a job
  • Why you should implement Lean Six Sigma
  • Ask the investors: How much money do I need to start investing
Direct download: TIP_-_107_-_Winning_-_final_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Preston and Stig interview the legendary Dr. Robert Cialdini.  Dr. Cialdini is a New York Times Best Selling Author and is one of the leading researchers in the world for psychology and influence.  In the interview, Dr. Cialdini talks about some of the new ideas found in his new book titled, Pre-Suasion.  

Direct download: TIP_-_106_-_Dr_Cialdini_final_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode the Mastermind Group discusses various topics during the 3rd quarter 2016.  Below are some of the ideas the group talks about.

  • How can the investor find a decent yield when so many asset classes are overvalued?
  • Why special situations might provide the best investing approach right now
  • If Humana is a profitable risk arbitrage investment right now
  • How you can generate a steady cash flow by selling put options in great businesses
  • If dollar cost averaging is a good investment strategy in the current market conditions
  • If QE causes a roaring stock market

 

 

 

Direct download: TIP_-_105_-_Mastermind_-_final_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

One of the most misunderstood celebrity investors in the world is Billionaire Carl Icahn. Luckily for our audience, our guest Mark Stevens was one of the few people to forge a relationship with the unique and un-empathetic investor.

In this episode you'll learn about:

-What “greenmail” is and how Icahn basically got paid for not taking over companies
-How to conduct an activist approach to investing
-Why Carl Icahn always wins in a negotiation
-If Carl Icahn is truly a bear in the current market conditions

Direct download: TIP_-_104_-_King_Icahn_final_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Preston and Stig talk to private equity expert, Doug McCormick, about using business principals to invest your family income.  Doug provides some unique ways to think about spending one's time and treating it like an asset.

Direct download: TIP_103_-_final_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

Billionaire Warren Buffett said his investing approach is 85% Graham and 15% Fisher. Because of this quote, Preston and Stig read Philip Fisher's famous book, Common Stocks and Uncommon Profits.  The book provides an interesting background on qualitative investing.  Fisher's style is geared towards teaching the reader how to look for growth companies that promise expansion in their respective markets.   

Direct download: TIP102_final_mp3_with_new_intro_with_discount_code.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Preston and Stig read the book, Creativity Inc., by Ed Catmull.  This was a fantastic book for anyone wanting to learn how to be more creative.  Additionally, the book goes into great detail describing the important aspects of designing a business that will have an enduring competitive advantage.  

Direct download: Creativity_Inc_-_final_new_intro.mp3
Category:Investing -- posted at: 8:00pm EDT

In Preston and Stig's 100th episode of The Investor's Podcast, they celebrate by cold calling a few members of their audience.  The members of the community can ask any question they want in an unscripted and open format.  Additionally, Preston and Stig talk about what their key take-aways were after studying billionaires and the market for 100 shows.

Direct download: TIP_100_final_-_with_RVTV_.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Preston and Stig learn about the Chinese billionaire Jack Ma.  Jack is the founder of the internet company, Alibaba, which is the biggest internet company in Asia.  His company has over 407 million users and quickly growing.  Within the next five years, Alibaba may ship more packages per day than all the daily mail in the United States.  Preston and Stig learn about Jack by reading Duncan Clark's new book, Alibaba. 

Direct download: Final_TIP_99_mp3_-_with_real_vision.mp3
Category:Investing -- posted at: 8:00pm EDT

View the Show Notes for this episode

 

Read reviews of, The Power of Habit, on Amazon

 

In this episode, Preston and Stig talk about the New York Times best selling book, The Power of Habit, by Charles Duhigg.  The book is an amazing opportunity to learn about your personal habits and how powerful they are at controlling your daily life.  Once an individual recognizes which habits they want to reform, Charlies provides methods for re-programming your life. 

 

 

Direct download: Final_mp3_with_RVTV_V2.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Mr. Richard Duncan provides a detailed lesson about the history of the US dollar and the American trade deficit.  As the episode progresses, the listener will learn how the US defaulted on the Bretton Woods agreement in 1971 and how that drastically impacted the difficult situations we face today.  Click here to view the Show Notes

 

Links to Richard's books:

The New Depression – Read reviews of this book

The Dollar Crisis – Read reviews of this book

 

 

 

Direct download: Final_Episode_96_V2mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Preston and Stig talk about Billionaire Phil Knight and how he founded Nike.  They use the book, Shoe Dog, to gather a first-hand account of Phil's journey at starting the business.  You will learn about the struggles and difficulties of starting a brand and a new business.   

Direct download: TIP_97_V2_final_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Preston and Stig talk about the most recent book they read, Delivering Happiness.  This book was written by billionaire Tony Hsieh and it was one of the best books that Preston and Stig read in 2016.    

Direct download: Final_episode_95_V3_mp3_-_with_RV.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Preston and Stig talk to one of the most notable macro investors in the world, Raoul Pal.  Raoul is the owner and CEO of Real Vision TV and he has interviewed some of the biggest names in finance.  During this interview, Raoul talks about some of the biggest ideas he has heard from billionaire hedge fund managers and high net worth individuals.  

Direct download: Episode_94_final_V4_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Preston and Stig have a mastermind discussion about BREXIT with two close friends that live in the UK and Germany.  The discussion centers around the potential of other countries leaving the EU and central banking.  The group discusses the potential risks of more exits from the EU along with thoughts of other famous billionaires on the issue.

Direct download: Episode_93_final2_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Preston and Stig interview the billionaire owner of the Atlanta Hawks, Jesse Itzler.  Jesse discusses his experience of living with one of the most extreme athletes in the entire world for 30 days.  Additionally, Jesse talks about being successful in business and his sale of Marquis Jet to Warren Buffett.

Direct download: Episode_92_-_final3_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode of The Investor's Podcast, Preston and Stig join the members of their mastermind group to discuss a few hot topics.  The topics discussed are the following:

The Value of Apple

The Value of Amazon

Mohnish Pabrai's new ETF

How to look at share buy backs

 

 

Direct download: Episode_91_-_final_version_2.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Preston and Stig talk to billion dollar hedge fund manager, Jesse Felder.  Jesse talks about the investing approach of a couple billionaires and he identifies some of the biggest risks to the current global economy. 

Direct download: Episode_90_final_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Preston and Stig interview oil expert, Gail Tverberg about the current market conditions with oil and other commodities.  If you're wanting to understand why the oil market might be heading lower, Gail provides some interesting arguments why low interest rates and government manipulation is causing major issues.

Direct download: Episode_89_final_second_version_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Preston and Stig talk about Warren Buffett's favorite book, The Intelligent Investor.  

Direct download: Episode_88_final_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Preston and Stig play the 5 best questions that were discussed during the Berkshire Hathaway Shareholder's Meeting.  

Direct download: Episode_87_-_final_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, you'll learn: 

  • Why you should always decide what your exit criteria is for a security before you get in
  • How to use fundamentals in trading
  • How to optimally measure the performance of your portfolio
  • Why traders in particular might want to use daily data to evaluate their strategy
Direct download: Episode_86_final_2.mp3
Category:Investing -- posted at: 8:52pm EDT

In this episode, Preston and Stig interview legendary investment author, Jack Schwager. Jack has written books about the best investors on the planet, and in this interview with us, he shares some of the most interesting people he has met.  Jack talks about the most impressive investors and the scariest approaches he has written about. (remember, all the approaches resulted in fantastic results for the people implementing it)

Direct download: Episode_85_final_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Preston and Stig read a book by Ted Turner titled "Call Me Ted".  The book discusses the life and business adventures of the author.  It provide a glimpse into the decisions and thought process of growing a billion dollar empire.  

Direct download: Episode_84_final_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Preston and Stig discuss T Boone Pickens' book, "The First Billion is the hardest".  Pickens is a oil Tycoon from Texas and his book outlines his life of business decisions and capital management.  At the end of the show, The Investors answer three questions from the members of their audience.  

 

Direct download: Episode_83_final_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode of The Investor's Podcast, Preston & Stig have their second part interview with renown economist, Jim Rickards.  In this episode, Jim talks about his book, The New Case for Gold.  Jim shares his conversation with Ben Bernanke, what types of environments gold performs well, and when people need to be on the look-out for a down-turn in the economy.   

Direct download: Episode_82_final_2_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Preston and Stig interview world renown economist Jim Rickards about his new book,  The New Case for Gold.  In the interview, Jim talks about people that have influenced his way of thinking, how global currencies work, the Chinese Yuan, the Japanese economy and many other topics.

Direct download: Episode_81_final2_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

Although everyone knows trust is important to the success of any organization, Stephen Covey takes the idea to a much deeper level.  In Covey's book, The Speed of Trust, you'll learn how trust is an economic issue that revolves around the speed at which people and organizations operate.  

Direct download: Episode_80_-_final_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

One of the key leadership books that billionaire Jeff Bezos recommends for all his employees is Peter Drucker's, The Effective Executive.  In this episode Preston and Stig talk about the leadership lessons they learned from reading this book.

Direct download: Episode_79_final2_mp3.mp3
Category:Investing -- posted at: 4:49am EDT

In this episode, the investors talk to author of the "Modern Monetary System" - investing expect Cullen Roche.  Cullen talks about some of the different investments that billionaires are making in the current market conditions.  Additionally, he has a discussion about negative interest rates and how the banking system fundamentally works.

Direct download: Episode_78_-_final_mp3.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode of The Investor's Podcast, Preston and Stig read a book from Billionaire Oprah Winfrey.  Although this episode isn't the typical accounting and financial talk, the information discussed might be some of the most important information a person needs to be successful in life.

Direct download: Episode_77_Oprah_final_mp3.mp3
Category:Investing -- posted at: 6:58pm EDT

In this episode, The Investor's Podcast mastermind group discusses a wide array of topics from oil, currencies, Japan, Warren Buffett's Shareholder Letters, and much more.

Direct download: Episode_76_final_mp3.mp3
Category:Investing -- posted at: 7:00pm EDT

In this episode, Preston and Stig discuss the topics covered at the Davos World Economic Forum.  Additionally, the investors discuss the book, The One Thing by Gary Keller.

Direct download: TIP_75_-_with_RVTV.mp3
Category:Investing -- posted at: 7:00pm EDT

In this episode, Preston and Stig review George Soro's book, The Alchemy of Finance.  Additionally, The Investors discuss three questions from the audience at the end of the show.

Direct download: TIP_74_-_with_RVTV.mp3
Category:Investing -- posted at: 7:00pm EDT

In this episode, Preston and Stig review billionaire Howard Marks' book, The Most Important Thing. 

Direct download: TIP_73_-_with_RVTV.mp3
Category:Investing -- posted at: 7:00pm EDT

In this episode, Preston and Stig interview multimillionaire Nathan Latka about creating your own assets.  Nathan created a $10 million dollar company by the age of 24.  

Direct download: TIP_72_-_with_RVTV.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Preston and Stig take value investing questions from the audience.  You won't want to miss their discussion on intrinsic value and many other numerous topics.  Additionally, the investors review Walter Isaacson's book, Benjamin Franklin.

Direct download: TIP_71_-_with_RVTV.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Preston and Stig interview global value investor, Meb Faber.  Meb discussess the methods for investing internationally and also on how to conduct a clone investing approach to other famous investor's stock picks.

Direct download: TIP_70_-_with_RVTV.mp3
Category:Investing -- posted at: 8:00pm EDT

In this episode, Preston and Stig talk about one of Warren Buffett's Favorite Books, How to Win Friends and Influence People by Dale Carnegie.  

Direct download: TIP_69_-_with_RVTV.mp3
Category:Investing -- posted at: 7:14pm EDT

In this episode, Preston and Stig talk about billionaire George Soros' prediction that the current market conditions resemble that of 2008.  Additionally, the Investors talk about Michael Lewis' book Boomerang.  http://www.theinvestorspodcast.com/episodes/68-current-market-conditions-michael-lewis-liars-boomerang.html

Direct download: TIP_68_-_with_RVTV.mp3
Category:Investing -- posted at: 8:06pm EDT

In this episode, Preston and Stig discuss the New York Times best selling book, Liar's Poker by Michael Lewis.

Direct download: TIP_67_-_with_RVTV.mp3
Category:Investing -- posted at: 7:00pm EDT