TIP519: The Education of a Value Investor by Guy Spier

<p>Clay reviews Guy Spier’s book, <em>The Education of a Value Investor</em>. Guy Spier is a renowned hedge fund manager who has beaten the S&amp;P 500 by almost 250 percentage points since launching the Aquamarine Fund in 1997. He has also been a guest on We Study Billionaires several times, including episode #14 released all the way back in 2014.</p><p><br></p><p><strong>IN THIS EPISODE YOU’LL LEARN:</strong></p><p>00:00 - Intro</p><p>02:27 - Guy’s story and background, and the critical mistakes he learned from the journey.</p><p>06:39 - How studying Tony Robbins and Warren Buffett changed his life.</p><p>19:48 - How writing handwritten letters helped Guy forge and develop extremely valuable and fulfilling relationships.</p><p>23:20 - What led Guy to purchase a charity lunch with Warren Buffett.</p><p>43:54 - What he learned from experiencing the great financial crisis as a fund manager.</p><p>51:45 - Why Guy values fulfillment and a life well-lived over money.</p><p><br></p><p><em>Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Tune into the recent We Study Billionaires episode covering <a href="https://link.chtbl.com/WSB517" rel="noopener noreferrer" target="_blank"><strong>The Dhandho Investor by Mohnish Pabrai</strong></a> or watch the <a href="https://youtu.be/ZMLVpKDYheY" rel="noopener noreferrer" target="_blank"><strong>video</strong></a>.</li><li>Learn how to value a company by tuning into our review of <a href="https://link.chtbl.com/WSB515" rel="noopener noreferrer" target="_blank"><strong>The Little Book of Valuation by Aswath Damodaran</strong></a> or watch the <a href="https://youtu.be/nkEJCtf5PLo" rel="noopener noreferrer" target="_blank"><strong>video</strong></a>.</li><li>Related Episode: Listen to <a href="https://link.chtbl.com/WSB014" rel="noopener noreferrer" target="_blank"><strong>Guy Spier, The Education of a Value Investor–TIP014</strong></a> or watch the <a hr