We Study Billionaires - The Investor’s Podcast Network The Investor's Podcast

In this episode of the Bitcoin Fundamentals Podcast, Jimmy Soni, author of "A Mind at Play" and "The Founders," joins us to discuss the life and work of Claude Shannon. We explore Shannon's groundbreaking contributions to information theory, including the concept of entropy and its importance in data transmission. Jimmy explains how Shannon's work laid the foundation for many of the technologies we take for granted today, including Bitcoin and blockchain technology. We also touch on stories from "The Founders," highlighting the tech pioneers and their innovative contributions. Join us for an in-depth discussion on information theory, Bitcoin, and the history of technology.

IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
02:06 - The life and work of Claude Shannon, the father of information theory.
07:10 - The foundational role of Shannon's work in modern technology.
20:31 - The relevance of information theory to Bitcoin and blockchain.
20:52 - Stories from Jimmy Soni's book "The Founders" about tech pioneers.
28:58 - How Shannon's concept of entropy relates to data transmission.
32:52 - Insights into the problem-solving approaches of early tech innovators.
40:42 - How Bitcoin investors can apply Shannon's principles to their strategies.
55:16 - The impact of Shannon's interdisciplinary approach on his innovations.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Jimmy’s book, A Mind at Play.

Jimmy’s Book, The Founders.

Jimmy's X (Twitter Account)


Check out all the books mentioned and discussed in our podcast episodes here.

Enjoy ad-free episodes when you subscribe to our Premium Feed.


NEW TO THE SHOW?

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.

Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok.

Check out our Bitcoin Fundamentals Starter Packs.

Browse through all our episodes (complete with transcripts) here.

Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.

Enjoy exclusive perks from our favorite Apps and Services.

Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.


Learn how to better start, manage, and grow your business with the best business podcasts.



SPONSORS
Support our free podcast by supporting our sponsors:

River

Toyota

Sun Life

The Bitcoin Way

Meyka

Sound Advisory

Industrious

Range Rover

iFlex Stretch Studios

Briggs & Riley

Public

American Express

USPS

Shopify


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Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

In this episode, William Green chats with Bob Robotti, a great investor who’s crushed the S&P 500 over the last 40 years. Bob, the President & Chief Investment Officer of Robotti & Co, explains why he believes we’re in a “new golden age” for active, value-oriented investors (not index funds); why he expects persistently high inflation; why he’s betting heavily on the resurgence of Old Economy businesses; & how he’s positioned to profit from “the first truly global energy crisis.”

IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
12:18 - How Bob Robotti lucked into the ideal job for an aspiring investor. 
33:19 - How working for Mario Gabelli was like a one-on-one MBA.
40:22 - Why Bob thinks we’re in a new golden age for savvy stockpickers. 
40:48 - Why he’s betting heavily on a “metamorphosis of the Old Economy.”
46:16 - How globalization is evolving as China loses its edge.
50:49 - Why energy-intensive US companies have a long-term advantage.
57:33 - Why owning the “Magnificent Seven” looks like a risky bet.
58:23 - What an era of persistently high inflation means for investors.
1:03:35 - How value investing has changed.
1:19:01 - How Bob is positioned for “the first truly global energy crisis.”
1:38:06 - How his life has been enriched by helping young people.
1:43:45 - What he learned from his wife and father about facing adversity.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Bob Robotti’s investment firm, Robotti & Co.


Bob Robotti’s writings.


Check out MedShadow.org, a health-related site founded by Bob Robotti’s wife, Suzanne.

William Green’s podcast with John Spears: Winning the Long Game | YouTube Video.

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.

Enjoy ad-free episodes when you subscribe to our Premium Feed.


NEW TO THE SHOW?

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.

Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok.

Browse through all our episodes (complete with transcripts) here.

Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.

Enjoy exclusive perks from our favorite Apps and Services.

Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.


Learn how to better start, manage, and grow your business with the best business podcasts. 



SPONSORS
Support our free podcast by supporting our sponsors:

River

Toyota

Sun Life

The Bitcoin Way

Meyka

Sound Advisory

Industrious

Range Rover

iFlex Stretch Studios

Briggs & Riley

Public

American Express

USPS

Shopify


HELP US OUT!
Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

On today’s episode, Clay is joined by David Fagan to discuss Don Keough’s book, The Ten Commandments of Business Failure. 

Don Keough was the President and COO of Coca-Cola. During Keough’s and Roberto Goizueta’s leadership, Coca-Cola’s stock compounded at 27% per annum from 1981 through 1997. 

David Fagan serves as the managing partner at MBF Chartered Professional Accountants, a firm dedicated to supporting small and medium-sized owner-managed businesses across Canada. David was an early member of our TIP Mastermind Community, and he enjoys utilizing it to meet interesting people and learn more about stock investing.

IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
05:17 - Why the best businesses never quit taking risks.
18:37 - Why being inflexible is a recipe for failure.
20:53 - Why perception is everything and we shouldn’t assume infallibility.
24:24 - What makes trust the foundation of any successful business.
35:19 - How business leaders can balance outside expertise with their own intuition.
39:38 - How we can utilize optimism to win in business.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.

Don Keough’s book: The Ten Commandments of Business Failure.

Related Episode: Same as Ever w/ Morgan Housel | YouTube Video.

Follow Clay on Twitter.

Check out all the books mentioned and discussed in our podcast episodes here.

Enjoy ad-free episodes when you subscribe to our Premium Feed.


NEW TO THE SHOW?

Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.

Check out our We Study Billionaires Starter Packs.

Browse through all our episodes (complete with transcripts) here.

Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.

Enjoy exclusive perks from our favorite Apps and Services.

Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.


Learn how to better start, manage, and grow your business with the best business podcasts.


SPONSORS
Support our free podcast by supporting our sponsors:

River

Toyota

Sun Life

The Bitcoin Way

Meyka

Sound Advisory

Industrious

Range Rover

iFlex Stretch Studios

Briggs & Riley

Public

American Express

USPS

Shopify


HELP US OUT!
Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Join us as Alex Busarov, founder of Heatbit, discusses combining Bitcoin mining with home heating and air purification. Learn about the challenges, the innovative "heating-by-computing" principle, and the future of decentralized mining.

IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
01:21 - The journey of creating the world's first Bitcoin-mining heater.
02:00 - The challenges faced in developing Heatbit One and Heatbit Trio.
05:03 - How the "heating-by-computing" principle works.
08:58 -The environmental impact of traditional Bitcoin mining.
09:27 - How Heatbit addresses these environmental issues.
25:19 - The future of decentralized Bitcoin mining.
29:40 - The vision for placing a Bitcoin-mining device in every home.
34:06 - Insights into the intersection of Bitcoin mining, home heating, and air purification.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Check out Heatbit’s website.

Heatbit's X (Twitter) account.

Check out all the books mentioned and discussed in our podcast episodes here.

Enjoy ad-free episodes when you subscribe to our Premium Feed.


NEW TO THE SHOW?

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.

Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok.

Check out our Bitcoin Fundamentals Starter Packs.

Browse through all our episodes (complete with transcripts) here.

Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.

Enjoy exclusive perks from our favorite Apps and Services.

Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.


Learn how to better start, manage, and grow your business with the best business podcasts.



SPONSORS
Support our free podcast by supporting our sponsors:

River

Toyota

Sun Life

The Bitcoin Way

Meyka

Sound Advisory

Industrious

Range Rover

iFlex Stretch Studios

Briggs & Riley

Public

American Express

USPS

Shopify

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

In this episode, Stig Brodersen talks with investment expert Lyn Alden about why gold has recently hit an all-time high. They discuss the optimal market conditions for gold investments and gold in portfolio management. 

IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
01:20 - Why the gold price is at an all-time high
02:41 - Who are the buyers of gold, and what is the role of central banks
15:27 - Why emerging economies have more gold on their balance sheet than developed economies
18:53 - Whether it makes sense for Argentina to print money to buy gold and then dollarize their economy
21:23 - Who would benefit from having a gold standard
28:06 - The allocation to gold in your portfolio and why does gold do well in market conditions when stocks and bonds do not
32:08 - What is paper gold, and how is it different than physical gold? 
45:10 - What is the cost of gold, and what is the discount you will get from buying higher quantities

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.

Lyn Alden’s book, Broken Money – Read reviews here.

Our interview with Lyn Alden about Currencies and Debt | YouTube Video.

Our interview with Lyn Alden about her book, Broken Money | YouTube Video.

Our interview with Lyn Alden about How the Fed Went Broke | YouTube Video.

Our interview with Lyn Alden about Macro and the Energy Market | YouTube Video.

Our interview with Lyn Alden about Money | YouTube Video.

Our interview with Lyn Alden about Gold and Commodities | YouTube Video.

Lyn Alden's free website.

The website of the World Gold Council.

Check out all the books mentioned and discussed in our podcast episodes here.

Enjoy ad-free episodes when you subscribe to our Premium Feed.


NEW TO THE SHOW?

Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.

Check out our We Study Billionaires Starter Packs.

Browse through all our episodes (complete with transcripts) here.

Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.

Enjoy exclusive perks from our favorite Apps and Services.

Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.


Learn how to better start, manage, and grow your business with the best business podcasts.


SPONSORS
Support our free podcast by supporting our sponsors:

River

Toyota

Sun Life

The Bitcoin Way

Meyka

Sound Advisory

Industrious

Range Rover

iFlex Stretch Studios

Briggs & Riley

Public

American Express

USPS

Shopify


HELP US OUT!
Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

On today’s episode, Clay reviews Jeff Bezos’ shareholder letters and shares his biggest takeaways.
Jeff Bezos is an exceptional capital allocator who has delivered unprecedented returns to shareholders. Since Amazon’s IPO, the stock is up 152,400%.

IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
01:58 - How Jeff Bezos thought about building Amazon.com in the early days.
04:51 - Why Bezos believed that focusing on the customer is in the best interest of shareholders.
15:55 - Why Amazon’s business model was more capital efficient than physical retail stores.
23:26 - Why Bezos is more terrified of his customers than his competition.
25:17 - Why Bezos largely ignored Amazon’s volatile stock price movements.
36:55 - Why Bezos encouraged an ownership mindset.
57:12 - The three business units that created the majority of shareholder value for Amazon shareholders.
59:30 - Our favorite framework from Jeff Bezos.
And so much more!

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.

Related Episode: TIP506: How Jeff Bezos Built Amazon | YouTube video.

Follow Clay on Twitter. 

Check out all the books mentioned and discussed in our podcast episodes here.

Enjoy ad-free episodes when you subscribe to our Premium Feed.


NEW TO THE SHOW?

Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.

Check out our We Study Billionaires Starter Packs.

Browse through all our episodes (complete with transcripts) here.

Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.

Enjoy exclusive perks from our favorite Apps and Services.

Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.


Learn how to better start, manage, and grow your business with the best business podcasts.


SPONSORS
Support our free podcast by supporting our sponsors:

River

Toyota

Sun Life

The Bitcoin Way

Meyka

Sound Advisory

Industrious

Range Rover

iFlex Stretch Studios

Briggs & Riley

Public

American Express

USPS

Shopify


HELP US OUT!
Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm