RWH009: How to Build Enduring Wealth w/ Guy Spier (Part 1)

<p><strong>IN THIS EPISODE, YOU'LL LEARN:</strong></p><ul><li>00:03:02 - How Guy Spier’s ancestors lost their family fortune and became refugees in the 1930s.</li><li>00:11:41 - How Guy was shaped by this story and embarked on a quest to restore their lost fortune.</li><li>00:24:20 - Why investors need to recognize that nothing is stable and everything changes.</li><li>00:28:12 - Why Guy settled in Switzerland and why he worries about the future of the U.S.</li><li>00:35:34 - Why he doesn’t like Bitcoin or gold, preferring to own “productive assets.”</li><li>00:45:11 - Why it’s critical to invest in a way that’s true to your own nature.</li><li>00:51:00 - Why so many highly intelligent and talented fund managers end up failing.</li><li>00:59:45 - How the crash of overvalued growth stocks proves again that “price really does matter.”</li><li>01:03:17 - Why Nick Sleep’s concept of “destination analysis” is such a valuable filter for investors.&nbsp;</li><li>01:14:08 - How to prosper by owning great businesses that occupy the “economic high ground.”&nbsp;</li><li>01:27:00 - Why it’s so important to size your bets correctly and not get too carried away.</li><li>01:36:31 - How Guy clones people like Warren Buffett and Mike Ovitz, yet tries to be true to himself.</li><li>01:44:34 - How Buffett taught him that every person is an equal soul and should carry equal weight.</li><li>01:48:38 - What Buffett figured out about the benefits of becoming more lovable and kinder.</li></ul><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><strong>BOOKS AND RESOURCES:</strong></p><ul><li>Related Episode: Part 2 of William Green's interview with Guy Spier -<strong> </strong><a href="https://www.theinvestorspodcast.com/richer-wiser-happier/high-performance-habits-w-guy-spier/" rel="noopener noreferrer" target="_blank"><strong>High-Performance Habits - RWH010</strong></a>.</li><li>Stig and Preston interview Guy Spier about his book,&nbsp;“<a href="https://www