
On today’s episode, Kyle Grieve discusses significant takeaways from the book Money Masters Of Our Time. What you'll learn here: 00:00:00 - Intro 00:06:41 - Warren Buffett’s emphasis on “controlled greed” and “fascination with your craft” and why it’s necessary to survive in the market for a lifetime 00:09:55 - How to identify and take advantage of stocks nobody else wants 00:16:32 - Why more research time should be spent finding the truth of things rather than confirming what you already believe to be true 00:19:32 - A simple framework for identifying and holding businesses that compound capital 00:23:20 - The four kinds of events when a quality business can offer attractive entry points to look for 00:41:29 - Strategies to search for opportunities in newly opened markets 00:46:17 - The importance of perspective when taking advice from people who are playing different games than you 00:49:59 - The importance of being reluctant to take profits 00:56:10 - How to utilize metaphors to aid in your investing decision-making 01:06:54 - The strength of using tracking positions to understand potential outperformers better Transcript & Guest Info: https://www.theinvestorspodcast.com/episodes/money-masters-of-our-time-w-kyle-grieve/ 🤝 Network with like-minded value investors and get new stock ideas by joining the TIP Mastermind Community. https://www.theinvestorspodcast.com/mastermind/ 💎 Explore a new business weekly and decide if it deserves a spot in your portfolio. https://www.theinvestorspodcast.com/intrinsic-value-podcast/ ▶️ Related Episodes: - Timeless Secrets of the World’s Greatest Investors | Warren Buffett, Peter Lynch & More!: https://youtu.be/AQpnnxpTsfI - How to Invest Like Peter Lynch: 'One Up on Wall Street' Lessons w/ Kyle Grieve: https://youtu.be/u1AYaFsVbNc 📖 Book Mentioned: - Money Masters of Our Time by John Train: https://amzn.to/3K9pn2y Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP Visit our website: https://www.theinvestorspodcast.com/we-study-billionaires/ Free PDF: Investing for Beginners: 4 Principles of Stock-Picking: https://www.theinvestorspodcast.com/subscribe-youtube/ ⚠️ Disclaimer: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting. #WarrenBuffett #ValueInvesting #MoneyMastersOfOurTime #InvestingStrategies #StockMarketTips
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