IN THIS EPISODE, YOU’LL LEARN:12:25 - The different methods for stock investing valuations.13:43 - The difference between investors and speculators.21:35 - When you should hold short term and long term bonds.40:04 - How to counteract risk in your portfolio.*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESJoin the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.Seth Klarman’s book, Margin of Safety – Read reviews of this book.Preston and Stig’s podcast episode on The Intelligent Investor.Preston and Stig’s interview with Investing Legend Bill Miller.New to the show? Check out our We Study Billionaires Starter Packs.SPONSORSSupport our free podcast by supporting our sponsors:RiverEfaniBabbelAlphaSenseVantaAmerican Express Business Gold CardAltoSalesforceNetSuiteKa'ChavaWiseToyotaShopifyHELP US OUT!What do you love about our podcast? Here’s our guide on how you can leave a rating and review for the show. We always enjoy reading your comments and feedback!