Once a year Billionaires Warren Buffett and Charlie Munger hold their annual shareholder meeting for Berkshire Hathaway. This episode covers four interesting questions that Buffett and Munger were asked during the meeting. IN THIS EPISODE YOU’LL LEARN: Why Warren Buffett bought back more shares in Q1 2019 than all of 2018. Why Warren Buffett thinks he overpaid for Kraft Heinz Warren Buffett’s advice to aspiring money managers What Warren Buffett thinks about his position in Apple Ask The Investo...
Jun 02, 2019•40 min•Ep 245•Transcript available on Metacast During this week’s episode, Preston and Stig talk to leading crypto-expert, Tuur Demeester. Tuur is a world-renown economist and investor that focuses on Bitcoin and other blockchain technologies. During the discussion, Tuur explains some of his opinions on why some technologies and protocols. IN THIS EPISODE YOU’LL LEARN: Why and how Mark Zuckerberg and Jack Dorsey want to utilize the technology behind cryptocurrency Why Bitcoin will prevail and remain the most valuable cryptocurrency How to un...
May 25, 2019•47 min•Ep 244•Transcript available on Metacast On this week's show, Tobias Carlisle talks about his new Exchange-Traded Fund or ETF. IN THIS EPISODE YOU’LL LEARN: What the value spread is and how to do identify it? What the difference is between a mutual fund and an ETF What will happen to the cheapest value stocks if the market crashed What you might want to be long Fiat Chrysler and short Tesla Ask The Investors: What the best value investing curriculum? BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningfu...
May 19, 2019•45 min•Ep 243•Transcript available on Metacast On today's show, we cover important questions that were recently asked of billionaire Jack Dorsey. IN THIS EPISODE YOU’LL LEARN: How and why Twitter and Square was founded How Jack thinks about the future of payment processing with Square Why you should invest in megatrends, and which mega trend to follow if you invest in consumer internet The two main lessons Jack learned from founding twitter Ask The Investors: Do you invest your monthly cash flow or do you invest a few times per year? BOOKS A...
May 12, 2019•38 min•Ep 242•Transcript available on Metacast On today's show, we talk to the famous value investor, Mohnish Pabrai. IN THIS EPISODE, YOU'LL LEARN How Mohnish Pabrai is reading Warren Buffett’s letters to shareholders Who is Mohnish Pabrai cloning? How Mohnish Pabrai is evaluating the performance of his investments Why Mohnish Pabrai will never own an insurance company again Ask The Investors: How do you determine the expected future growth of a company BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful ...
May 05, 2019•48 min•Ep 241•Transcript available on Metacast Stig and Preston talk to the founder of Masterworks, Scott Lynn. Scott is the creator of a company that allows investors to purchase a share of a fine piece of artwork from legendary artists like Monet, Picasso, or Andy Warhol. IN THIS EPISODE YOU’LL LEARN: The bull and bear thesis behind investing in fine art The key metrics behind valuing fine art If fine art has a place in your portfolio Why art by great artists might be value traps How the ultra-rich are moving the market BOOKS AND RESOURCES...
Apr 28, 2019•25 min•Ep 240•Transcript available on Metacast On today's show we learn about commercial real estate investing from expert Ian Formigle. IN THIS EPISODE YOU’LL LEARN: What an opportunity zone is and how to value them How to understand the importance of the interest rate in commercial real estate. How to diversify in commercial real estate How to take an index approach in real estate investing market BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the oth...
Apr 21, 2019•39 min•Ep 239•Transcript available on Metacast On today's show, Stig interviews the founder of Netsuite Evan Goldberg. Evan sold his company to Oracle for 9.3 billion dollars in 2016. IN THIS EPISODE YOU’LL LEARN: How and why you want to pivot your company Which skills you need to acquire while you grow with your company How and why you should keep looking for the right mentors throughout your life How Evan Goldberg started an accounting company without reading an accounting book BOOKS AND RESOURCES Join the exclusive TIP Mastermind Communit...
Apr 14, 2019•33 min•Ep 238•Transcript available on Metacast On today's show, Preston and Stig talk to value investing legend, Sanjay Bakshi IN THIS EPISODE YOU’LL LEARN: How to factor disruption technologies into your investment thesis How to locate an emerging moat for a business Why we should evaluate our stock performance using stress adjusted returns How to read Warren Buffett’s letters to shareholders Ask The Investors: How do I choose the best stock broker? BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stoc...
Apr 07, 2019•31 min•Ep 237•Transcript available on Metacast On today's show, Preston and Stig talk to momentum expert, Dr. Richard Smith. IN THIS EPISODE YOU’LL LEARN: Which momentum trends billionaires are currently investing in Why it sometimes better to wait 6 months after a billionaire bought stock to take a position Which commodities have a good price momentum How to use momentum in your options strategy BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other ...
Mar 31, 2019•28 min•Ep 236•Transcript available on Metacast On today's show, Preston and Stig talk to commodities expert, Marin Katusa about investing in gold miners. IN THIS EPISODE YOU’LL LEARN: How to pick small gold stocks that are most likely to be bought out by large competitors How to analyze and pick gold stocks How to analyze and conclude on the current state of the gold industry How and why you can be paid twice with a private placement investment BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock inve...
Mar 24, 2019•35 min•Ep 235•Transcript available on Metacast On today's show, our mastermind group talks about four different stock ideas that might outperform the market. IN THIS EPISODE YOU’LL LEARN: If Bed Bad & Beyond is finally trading at a good price for value investors Why Nucor, Steel Dynamics, and the entire industry is trading at appealing prices. Why it’s an advantage for investors that Alibaba is a Chinese company and not a US company If Microsoft is a good defensive investment in an overvalued market BOOKS AND RESOURCES Join the exclusive TIP...
Mar 17, 2019•1 hr 3 min•Ep 234•Transcript available on Metacast On today's show, we talk to Dr. James Rickards about central banks and their impact on financial markets. IN THIS EPISODE YOU’LL LEARN: How and why the FED is preparing for the next recession How the Fed Chairman is signaling to the market what he plans to do. Why having a strong dollar is currently the least bad economic policy Why the world is currently dependent on the US dollar, and how a new system is built not to include it What happens if the stock market is made up by passive investors a...
Mar 10, 2019•44 min•Ep 233•Transcript available on Metacast On today's show, we learn valuable investing lessons from legend Stanley Druckenmiller. IN THIS EPISODE YOU’LL LEARN: Why Stanley Druckenmiller makes many small bets in the market if he had a down year Stanley Druckenmiller’s thoughts on the optimal Monetary Policy Why price signals from the market is no longer a good predictor in the stock market The Investor’s Podcast: Why are Hedge Fund managers celebrated when Mutual Fund managers are not NEW TO THE SHOW? Check out our We Study Billionaires ...
Mar 03, 2019•33 min•Ep 232•Transcript available on Metacast On today's show, we talk to World Poker Champion, Annie Duke, about how she thinks in bets. IN THIS EPISODE YOU’LL LEARN: Why we should make decisions the same way as making bets How to separate the decision and the result and why it’s important Why it makes sense to offer the right person $30,000 to spend 30 days in Des Moines (seriously!) How to seek the truth together as a group BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions...
Feb 24, 2019•36 min•Ep 231•Transcript available on Metacast On today's show, we learn valuable lessons from Silicon Valley billionaire Larry Ellison. IN THIS EPISODE YOU’LL LEARN: How to deal with critique and search for the truth. How the very early years of a persons life might greatly impact their personality and approach to solving problems. Why Apple might not have been the Apple we know today without Larry Ellison. The Investor’s Podcast: What is the difference between Warren Buffett’s Owner Earning and EBITDA. BOOKS AND RESOURCES Join the exclusiv...
Feb 17, 2019•28 min•Ep 230•Transcript available on Metacast On today's show, we learn valuable lessons from Silicon Valley billionaire Reid Hoffman. IN THIS EPISODE YOU’LL LEARN: What is the secret to the success of Silicon Valley? How to manage a company that is growing at 2.5% - per day. How to use your network to find new job opportunities. Why financing and distribution is just as important as the product you are selling. Ask The Investor’s Podcast: How do I value fast growing unlisted companies? BOOKS AND RESOURCES Join the exclusive TIP Mastermind ...
Feb 10, 2019•45 min•Ep 229•Transcript available on Metacast On today’s show we bring back our good friend, Jesse Felder. Jesse is a former multi-billion dollar hedge fund manager out of Santa Monica California. Jesse is regularly featured on the Wall Street Journal, Barron’s, and many other national level business outlets. IN THIS EPISODE YOU’LL LEARN: Why Warren Buffett’s valuation metric for the stock market forecasts around a 0% return over the next 10 years. Why Warren Buffett has refinanced his debt and what it means for you as an investor and house...
Jan 27, 2019•43 min•Ep 227•Transcript available on Metacast On today's show, Preston and Stig talk about billionaire Charles Koch. Koch made his money in the chemical business since the 1960's. As the Chairman and CEO of Koch industries for over 50 years, Koch has produced an 18% annual return. IN THIS EPISODE YOU’LL LEARN: What Charles Koch thinks are the key ingredients to being successful in business. The importance of market-based management. How Charles Koch’s choose among business opportunities. Why creative destruction is and why it’s important in...
Jan 20, 2019•50 min•Ep 226•Transcript available on Metacast On today's show, Preston and Stig cover questions and answers from Silicon Valley billionaire Peter Thiel. IN THIS EPISODE YOU’LL LEARN: Why and how Peter Thiel is always inverting his thinking and why you should do the same. Why visionaries think in terms of a tipping point of employees rather than a tipping point for revenue. What Peter Thiel knows that no one agrees with him on. Why computers replacing people is an angst narrative that is not true. Ask The Investors: How much should value inv...
Jan 13, 2019•46 min•Ep 225•Transcript available on Metacast On today's show Preston and Stig discuss billionaire Ray Dalio's new book, Big Debt Crises. IN THIS EPISODE YOU’LL LEARN: Why Ray Dalio thinks that the US Dollar could depreciate 30%. Why the financial crisis in 2007-2011 was solved much faster than the Great Depression. How to diagnose in which stage of a debt crisis an economy is in. How a fixed exchange rate can both be the solution and the problem of a debt crisis . BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in...
Jan 06, 2019•41 min•Ep 224•Transcript available on Metacast On today’s show, Preston and Stig learn important lessons from billionaire Michael Dell. IN THIS EPISODE YOU’LL LEARN: The story behind starting up Dell. Why a negative cash conversion cycle is key for the growth of any business. How Michael Dell created a strategy for rapid growth. Which challenges Michael Dell had and how he overcame them. Ask the Investors: How do you find a co-founder, and how did Preston and Stig meet? BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engag...
Dec 30, 2018•40 min•Ep 223•Transcript available on Metacast On today’s show, Tobias Carlisle and Hari Ramachandra join Preston and Stig for a conversation about viable stock picks in the fourth quarter of 2018. IN THIS EPISODE YOU’LL LEARN: The group’s intrinsic value assessment of $HPQ, $FONR, $SH, and $HDB. Why Preston is shorting the S&P500. If banks in India is a bull case. How you can divide the stock market into four states, and how to position yourself accordingly. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meanin...
Dec 23, 2018•52 min•Ep 222•Transcript available on Metacast On today's show we learn about commercial real estate investing from expert Ian Formigle. IN THIS EPISODE YOU’LL LEARN: Why and how commercial real estate has generated double-digit returns historically. Why the best investments in commercial real estate can be found in secondary markets. How to detect inefficiency in commercial real estate. How and why now might be the time to consider asset classes with no correlation to the stock market. BOOKS AND RESOURCES Join the exclusive TIP Mastermind C...
Dec 16, 2018•50 min•Ep 221•Transcript available on Metacast Learn important business lessons from billionaire Oprah Winfrey. IN THIS EPISODE YOU’LL LEARN: Why a very special girl was the best guest among 35,000 interviews, Oprah conducted throughout her career. How Oprah found her calling. How Oprah is assembling her team. How Oprah chose her personality. Ask The Investors: Do you use components of dollar cost averaging as intrinsic value investors? BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing di...
Dec 09, 2018•38 min•Ep 220•Transcript available on Metacast On today's show, we talk about the impact on financial markets in the US and China with Macro expert, Luke Gromen. IN THIS EPISODE YOU’LL LEARN: Why we’re not in a typical credit cycle. The bull and bear case for commodities. Why the bond market should have higher yields than it has today. Which big tech stock to invest in and why. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. ...
Dec 02, 2018•38 min•Ep 219•Transcript available on Metacast On today's show, we have body language expert Joe Navarro. IN THIS EPISODE YOU’LL LEARN: How to read other people’s body language and why it’s reliable. Why you should look down when you study the body language of another person. How business people can use body language in negotiations. How to enhance your relationships with a simple head tilt. How to detect the body language of a true leader. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investin...
Nov 25, 2018•41 min•Ep 218•Transcript available on Metacast Stig and Preston discuss the current stock market conditions and how they see the current 9 year bull market. IN THIS EPISODE YOU’LL LEARN: How Preston and Stig’s previous stock picks have performed How Preston and Stig are positioned given the current market conditions How often we experience corrections in the stock market The impact rising federal funds rate on the stock market Ask The Investors: Should I add bonds to my portfolio? BOOKS AND RESOURCES Join the exclusive TIP Mastermind Communi...
Nov 18, 2018•46 min•Ep 217•Transcript available on Metacast On today's show, we talk about commodity investing with expert Marin Katusa. IN THIS EPISODE YOU’LL LEARN: Why the US dollar can be expected to appreciate over the next 6 months Why gold and uranium are trading below its value Why oil might go as low as $40 over the next 12 months How to take advantage of uncertainty and volatility in commodities How to conduct research on commodities BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussi...
Nov 11, 2018•34 min•Ep 216•Transcript available on Metacast On today's show, we study billionaire Mark Zuckerberg. IN THIS EPISODE YOU’LL LEARN: Why Mark Zuckerberg said no to $1B age 22 How Mark Zuckerberg thinks about making big changes to Facebook’s platform What Mark Zuckerberg is most excited about over the next 20 years How Mark Zuckerberg is working to get everyone on the planet online Ask The Investors: Do you use a checklist when picking stocks? BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investi...
Nov 04, 2018•39 min•Ep 215•Transcript available on Metacast 
