#286 Warren Buffett and Charlie Munger

What I learned from reading Honda: The Man and His Machines by Sol Sanders. Made possible by: Ramp: ⁠ https://ramp.com⁠ Applovin: ⁠ https://www.applovin.com/⁠ Vanta: ⁠ https://vanta.com/founders 

What I learned from reading Pulitzer: A Life in Politics, Print, and Power by James McGrath Morris. Made possible by: Ramp: ⁠ https://ramp.com⁠ Applovin: ⁠ https://www.applovin.com/⁠ Vanta: ⁠ https://vanta.com/founders 

IN THIS EPISODE, YOU’LL LEARN: 05:54 - How Warren Buffett and Charlie Munger met. 07:07 - Why it’s important to embrace lifelong learning. 09:27) - Why Charlie Munger uses mental models to think and invest. 00:15:53 - How Charlie Munger changed Buffett’s investing strategy. ...  Show more

IN THIS EPISODE, YOU’LL LEARN: 00:08:46 - Who the key figures were in Buffett’s development as an investor. 00:09:58 - Benjamin Graham’s definition of an investment. 00:10:21 - What it means to invest with a margin of safety. 00:22:23 - What cigar butt companies are and how t ...  Show more

In this episode, Clay dives into Buffett and Munger Unscripted by Alex Morris. This book is a treasure trove of timeless investing wisdom from decades of Berkshire Hathaway annual meetings. The episode highlights Warren and Charlie’s most powerful lessons on capital allocation, b ...  Show more

IN THIS EPISODE, YOU’LL LEARN: 04:02 - How Warren Buffett already read financial statements when he was a kid. 12:05 - Why Warren Buffett was sitting behind the counter at the local steakhouse collecting receipts, and how that lead to one of his best investments. 24:13 - How a ...  Show more