In this episode, Stig Brodersen speaks with Guy Spier who has outperformed the S&amp;P 500 since 1997, with a 9.6% vs. 8.8% CAGR. They explore why Guy invested in The Economist, and how friendships, service, and living by an inner scorecard guide his life and investment philosophy.


IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

02:27 - Why Guy Spier decided to invest in The Economist.

13:16 - How Guy is living by his inner scorecard.

55:16 - Why friendships are there for a reason, a season, or a lifetime.

55:16 - How does Guy invest in friendships?

01:09:03 - How to facilitate thoughtful conversations with friends.

01:22:03 - How do you seek wisdom?

01:44:04 - How do you identify how to best be of service?

01:57:43 - What money can and can’t buy you.



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.


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  Stig’s interview with Guy Spier about his track record and risk.

  Stig’s interview with Guy Spier about investing and life.

  Stig and Preston’s interview with Guy Spier on his book, The Education of a Value Investor.

  Stig and Preston’s interview with Guy Spier about his lunch with Warren Buffett. 


  Guy Spier’s book, The Education of a Value Investor – Read reviews of the book.

  Subscribe to Guy Spier’s Free Newsletter.

  Guy Spier’s podcast and website.

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TIP735: Compounding with Character w/ Guy Spier