TIP147: Billionaire Charlie Munger and the Daily Journal

Published | 15 July 2017

Charlie Munger’s net worth is about 1.5 billion and as most people know, he’s Warren Buffett’s vice chairman at Berkshire Hathaway. As we’ve talked about on previous episodes, Munger is really a brilliant individual that’s considered a polymath. Few people know that Charlie is an investor with the Daily Journal Corporation in Los Angeles California. As a result, he does a question and answer period every year at the shareholder meeting. One of our good friends Hari Ramachandra was lucky enough to attend the Daily Journal meeting this year, and while he was there, he captured some of the best responses that Charlie gave.

By |July 16th, 2017|Episodes|

TIP146: Superforecasting by Dan Gardner and Philip Tetlock – Summary

Published | 8 July 2017

During Preston and Stig's discussion with legendary investor, Ed Thorp, he suggested that a great book to understand the craft of making accurate predictions and estimates for the future was a book titled, Superforecasting. As a result, this episode is a review of that book and what the key attributes are for increasing your understanding of what could and will happen. This book was a New York Times Best Seller and extraordinary read. Be sure to check out our chapter by chapter summary of the book in the show notes.

By |July 9th, 2017|Episodes|

TIP145: Bitcoin Vs. Ethereum w/ Tuur Demeester

Published | 1 July 2017

Since the last time Preston and Stig talked about Bitcoin in 2015, the price has surged 1000%. As more people become fascinated with cryptocurrencies, we decide to talk with world renown blockchain expert, Tuur Demeester. During the conversation, Tuur talks about a potential Bitcoin fork and the differences between Ethereum and Bitcoin. You won't want to miss this discussion if you're trying to learn more about the emergence of cryptocurrencies.

By |July 2nd, 2017|Episodes|

TIP144: Billionaire Howard Schultz’ book, Onward – A Story About Starbucks

Recorded | 24 June 2017

This week, Preston and Stig read Billionaire Howard Schultz' book titled, "Onward." Schultz was the CEO and founder of Starbucks. In the early 2000's, Schultz initially left the company only to return as the CEO in 2008. This book covers his first hand account of the return and why it happened.

By |June 25th, 2017|Episodes|

TIP143: Mastermind Discussion 2nd Quarter 2017

Recorded | 17 June 2017

In this episode, Preston and Stig hold their Mastermind discussion with Tobias Carlisle, and former billion dollar hedgefund manager, Jesse Felder. Each member of the group presents a stock investing idea. After each group member pitches their idea, the group then dissects and troubleshoots the position. If you're interested in hearing how members of the mastermind discuss and make financial decisions, you'll enjoy hearing this discussion.

By |June 18th, 2017|Episodes|