872 episodes

We interview and study famous financial billionaires, including Warren Buffett, Ray Dalio, and Howard Marks, and teach you what we learn and how you can apply their investment strategies in the stock market.
We Study Billionaires is the largest stock investing podcast show in the world with 150,000,000+ downloads and is hosted by Stig Brodersen, Preston Pysh, William Green, Clay Finck, and Kyle Grieve.
This podcast also includes the Richer Wiser Happier series hosted by best-selling author William Green. William regularly interviews legendary investors such as Mohnish Pabrai and Guy Spier, exploring what they can teach us about how to succeed in markets and life.
And finally, our Bitcoin Fundamentals series is hosted by Preston Pysh, where he interviews prominent figures in the Bitcoin and macroeconomic space. To learn more about TIP, you can visit theinvestorspodcast.com or subscribe to our free daily newsletter here.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

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

    • Business
    • 4.6 • 3.1K Ratings

Listen on Apple Podcasts
Requires subscription and macOS 11.4 or higher

We interview and study famous financial billionaires, including Warren Buffett, Ray Dalio, and Howard Marks, and teach you what we learn and how you can apply their investment strategies in the stock market.
We Study Billionaires is the largest stock investing podcast show in the world with 150,000,000+ downloads and is hosted by Stig Brodersen, Preston Pysh, William Green, Clay Finck, and Kyle Grieve.
This podcast also includes the Richer Wiser Happier series hosted by best-selling author William Green. William regularly interviews legendary investors such as Mohnish Pabrai and Guy Spier, exploring what they can teach us about how to succeed in markets and life.
And finally, our Bitcoin Fundamentals series is hosted by Preston Pysh, where he interviews prominent figures in the Bitcoin and macroeconomic space. To learn more about TIP, you can visit theinvestorspodcast.com or subscribe to our free daily newsletter here.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Listen on Apple Podcasts
Requires subscription and macOS 11.4 or higher

    TIP622: Finding Certainty in an Uncertain World w/ Joseph Shaposhnik

    TIP622: Finding Certainty in an Uncertain World w/ Joseph Shaposhnik

    On today’s episode, Clay sits down with Joseph Shaposhnik to discuss his high quality investing approach. Since its inception in 2015, the TCW New America Premier Equities fund has compounded at 15.8% per year versus the benchmark of 12.0%.
    Joseph is the Portfolio Manager of TCW New America Premier Equities, Global Premier Sustainable Equities, and Global Space Technology Equities portfolios. According to Nasdaq eVestment, the TCW New America fund has outperformed 99% of its peers.

    IN THIS EPISODE YOU’LL LEARN:
    00:00 - Intro
    03:25 - The two types of recurring revenue.
    13:37 - Why certainty is an essential part of a quality investing framework.
    25:02 - How Joseph thinks about portfolio allocation by industry.
    28:02 - Value accretive versus value destructive capital allocation decisions.
    36:09 - How understanding incentives can make us better investors.
    36:53 - Why we should ignore Buffett’s advice of buying businesses so great that an idiot can run it.
    46:33 - How Joseph developed his own investment approach after working under two investment legends at Fidelity.
    51:56 - Why Joseph believes that quality investing is the best approach to match his investment objectives and temperament.
    58:33 - Why growth in free cash flow per share is Joseph’s number one focus as an investor.
    1:00:28 - An update on a few of Joseph’s portfolio holdings

    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.

    Learn more about the TCW New America Fund.

    Check out Buffett’s 1996 Shareholder Letter.

    Book Mentioned: What I Learned About Investing from Darwin by Pulak Prasad.

    Book Mentioned: Big Money Thinks Small by Joel Tillinghast.

    Episode Mentioned: RWH017: Fidelity Legend w/ Joel Tillinghast | YouTube Video.

    Follow Joseph on LinkedIn. 

    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

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    Meyka

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    Fundrise

    iFlex Stretch Studios

    American Express

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

    • 1 hr 11 min
    BTC177: The Future of Bitcoin Borrowing and Lending w/ Max Kei (Bitcoin Podcast)

    BTC177: The Future of Bitcoin Borrowing and Lending w/ Max Kei (Bitcoin Podcast)

    In this episode, Max Kei from Hodl Hodl and Debifi, explores the future of Bitcoin lending and borrowing. From industry insights to Debifi's innovative approach, discover the benefits of Bitcoin collateral, multisig security, and fiat loan expansion. Gain valuable perspectives on navigating risks and seizing opportunities in decentralized finance.

    IN THIS EPISODE YOU’LL LEARN:
    00:00 - Intro
    01:48 - Insights into the evolution of Bitcoin borrowing and lending platforms.
    01:48 - Understanding the importance of peer-to-peer fully collateralized lending in the cryptocurrency space.
    13:56 - Exploration of the risks and benefits associated with borrowing and lending using Bitcoin as collateral.
    28:18 - Overview of Debifi's approach to decentralized lending and its unique features.
    31:05 - Explanation of the concept of "super collateral" and its significance in Bitcoin lending practices.
    31:05 - Understanding how multisig solutions enhance security in Bitcoin lending and borrowing.
    55:02 - Preview of the expansion of fiat loans on Debifi and its implications for users.
    59:25 - Insights into the potential benefits for users when utilizing a decentralized lending model.

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

    BOOKS AND RESOURCES

    Max's Twitter Account.

    Link to Debifi.

    Link to Hodl Hodl.

    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 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

    TurboTax

    Fidelity

    Monarch Money

    Meyka

    Simon & Schuster

    CI Financial

    Vacasa

    Long Angle

    Fundrise

    iFlex Stretch Studios

    American Express

    Shopify


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

    • 59 min
    TIP621: Warren Buffett’s Wisdom: The Power Of Corporate Governance with Lawrence Cunningham

    TIP621: Warren Buffett’s Wisdom: The Power Of Corporate Governance with Lawrence Cunningham

    Kyle Grieve chats with Lawrence Cunningham about Lawrence’s fascination with Warren Buffett and Berkshire Hathaway, why corporate governance is so crucial for shareholders to understand, the power of transparency, accountability, and ethical decision-making, how Warren Buffett created his shareholder letters to create a competitive advantage, a list of some incredible businesses to research to understand best top-notch corporate governance, the makeup of a successful incentive program and a whole lot more!

    IN THIS EPISODE YOU’LL LEARN:
    00:00 - Intro
    02:02 - How corporate governance protects shareholders.
    06:53 - Why Warren Buffett has created a competitive advantage by writing his shareholder letters the way he does.
    09:54 - A few businesses that have excellent corporate governance that investors should research.
    13:35 - Lessons from Charlie Munger and Philip Fisher that helped Warren better understand quality.
    29:39 - How Warren's alignment with shareholders is such a competitive advantage.
    30:07 - Why Berkshire is such an attractive buyer compared to alternatives.
    33:04 - A breakdown of some simple and complicated investments Warren has made using the 1-foot and 7-foot hurdle analogy.
    40:41 - The ABCs of capital allocation and why all board members should understand them deeply.
    46:27 - How Warren tracks intrinsic value for different business models and why you should utilize multiple tools.
    56:32 - Why it's so hard for most companies to have shareholder-friendly incentive programs.
    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.

    Buy The Essays Of Warren Buffett: Lessons For Corporate America here.


    Buy Dear Shareholder: The best executive letters from Warren Buffett, Prem Watsa and other great CEOs here.


    Check out Lawrence’s other books here.


    Related Episode: MI305: Exploring The DNA of Quality Businesses w/ Lawrence Cunningham | YouTube Video.

    Related Episode: TIP330: Warren Buffett w/ Lawrence Cunningham | YouTube Video.

    Learn more about the Berkshire Summit by clicking here or emailing Clay at clay@theinvestorspodcast.com.


    Follow Kyle on Twitter and LinkedIn.

    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

    TurboTax

    Fidelity

    Monarch Money

    Meyka

    Simon & Schuster

    CI Financial

    Vacasa

    Long Angle

    Fundrise

    iFlex Stretch Studios

    American Express

    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

    • 1 hr 5 min
    TIP620: The Intelligent Investor by Benjamin Graham

    TIP620: The Intelligent Investor by Benjamin Graham

    On today’s episode, Clay shares his lessons from reading The Intelligent Investor by Benjamin Graham.
    Benjamin Graham was a renowned value investor, lecturer, financial securities researcher, and mentor to billionaire investor Warren Buffett. Graham is widely regarded as the father of value investing.

    IN THIS EPISODE YOU’LL LEARN:
    00:00 - Intro
    01:11 - Who Benjamin Graham was.
    06:16 - How the intelligent investor seeks to capitalize on market fluctuations.
    16:17 - The Intelligent Investor’s biggest advantage in the markets.
    30:47 - The concept of the Margin of Safety.
    34:55 - Benjamin Graham’s investment principles.
    37:54 - A case study of Mr. Market’s mood swings in the 1999-2000 tech bubble.
    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.

    Episode Mentioned: RHW004: Intelligent Investing w/ Jason Zweig | YouTube Video.

    Episode Mentioned: TIP597: Darwin's Investing Lessons w/ Kyle Grieve | YouTube Video.

    Benjamin Graham’s book: The Intelligent Investor.

    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

    TurboTax

    Fidelity

    Monarch Money

    Meyka

    Simon & Schuster

    CI Financial

    Vacasa

    Long Angle

    Fundrise

    iFlex Stretch Studios

    American Express

    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

    • 59 min
    BTC176: Bitcoin and Traditional Finance in 2024 w/ Jim Crider (Bitcoin Podcast)

    BTC176: Bitcoin and Traditional Finance in 2024 w/ Jim Crider (Bitcoin Podcast)

    Jim Crider explores Bitcoin's impact on culture, future financial strategies, and the essence of money, highlighting its role in investment vs. speculative cycles, and ETF strategies. He also addresses financial planning with Bitcoin for different life stages, emphasizing the importance of understanding money beyond its face value.

    IN THIS EPISODE YOU’LL LEARN:
    00:00 - Intro
    01:29 - The key aspects of Bitcoin that most people overlook and why they're crucial for understanding its value.
    12:38 - How to educate clients on the true essence of money, combining its technical definition with its value-based aspects.
    17:04 - How Bitcoin is expected to influence cultural and societal norms in the next two decades.
    32:41 - Financial planning opportunities with Bitcoin for young families and retirees, highlighting commonly overlooked advantages.
    36:57 - Strategies for integrating Bitcoin into fixed income portfolios to prepare for future financial shifts.
    58:04 - The distinction between speculative and investment cycles in the context of Bitcoin and broader financial markets.
    01:06:03 - The differences and benefits of in-kind versus cash creation in ETFs, and the implications for investors.

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

    BOOKS AND RESOURCES

    Jim Crider's Twitter.

    Jim Crider’s Financial Advisory firm: Intentional Living.

    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 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

    TurboTax

    Fidelity

    Monarch Money

    Meyka

    Simon & Schuster

    CI Financial

    Vacasa

    Long Angle

    Fundrise

    iFlex Stretch Studios

    American Express

    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

    • 1 hr 9 min
    TIP619: The Cable Cowboy: John Malone w/ Kyle Grieve

    TIP619: The Cable Cowboy: John Malone w/ Kyle Grieve

    In today’s episode, Kyle Grieve discusses the book Cable Cowboy: John Malone and the Rise of the Modern Cable Business. He covers why and how John Malone was such a prodigious creator of value, how he aligned himself with shareholders, how he helped build his monopoly-like business, TCI, how he dealt with competitors and regulators, why he trained Wall Street to see value differently, why Malone despised paying taxes, how Malone engineered deals to enrich himself and shareholder simultaneously, and much more!

    IN THIS EPISODE YOU’LL LEARN:
    00:00 - Intro
    07:41 - Why John Malone chose to work for TCI at a significant discount
    09:52 - How Malone kept costs down to maximize cash flow
    16:24 - How John Malone used his knowledge of scale and leverage to build TCI
    19:08 - How John created his accounting terms to best display TCI's abilities to create value
    27:57 - How Malone used his scale advantages to secure better rates from programmers
    36:34 - The monopoly-like power that TCI could yield that featured its bargaining power
    38:17 - How Malone created life-changing wealth for himself from the Liberty Media spin-off
    42:54 - Why John invented the 500-channel offering and how it protected the cable industry
    45:51 - Malone's tactics to try and divert attention away from TCI's monopoly-like power
    50:58 - How John Malone quickly improved TCI's financial statements through industry consolidation

    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.

    Get Cable Cowboy here


    Learn more about the Berkshire Summit by clicking here or emailing Clay at clay@theinvestorspodcast.com


    Follow Kyle on Twitter and LinkedIn


    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

    TurboTax

    Fidelity

    Monarch Money

    Meyka

    Simon & Schuster

    CI Financial

    Vacasa

    Long Angle

    Fundrise

    iFlex Stretch Studios

    American Express

    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

    • 1 hr 1 min

Customer Reviews

4.6 out of 5
3.1K Ratings

3.1K Ratings

sacury$ ,

Bitcoin

Another fantastic episode with Luke!

Dutchladle ,

Trad-Fi’s Gift to Bitcoin

I am so grateful that Preston has channeled toward Bitcoin his inquisitive mind, superior analytics, organizational skills, and his excellent oratory abilities that enables him to pass this all along to us.

Frustrated Cannon Captain ,

The best investments podcast network!

I have been listening to TIP since the beginning. It never disappoints and Preston’s Bitcoin focused episodes are the best Bitcoin podcast series out there. Orange Pilled me! Keep up the great work!

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