TIP150: Questions from the Audience – Artificial Intelligence, Options Trading, & Value Investing

Published | 5 AUG 2017
It's hard to believe the show has reached it's 150th episode! In an effort to capture the most important aspects learned during the past 50 episodes, Preston and Stig capture their top two highlights from doing the show. After the initial discussion, Preston and Stig cold-call their fans of the show to have a fun-filled and entertaining discussion about various topics.

By |August 6th, 2017|Episodes|

TIP149: Billionaire Seth Klarman’s Margin of Safety

Published | 29 July 2017
One of the less known billionaires for people outside of the value investing community is Seth Klarman. For the past nine years, Klarman's fund has produced a 20% annual return and his fund now manages over $31 billion dollars. Klarman has a very famous book titled, Margin of Safety, which often sells for more than $700 per copy. In this episode, Preston and Stig discuss what they learned from reading Klarman's book.

By |July 30th, 2017|Episodes|

TIP148: Becoming Rejection Proof – Jia Jiang

Published | 22 July 2017
One of the most common traits we have found in billionaires is being rejection proof. People like Sara Blakely, Richard Branson, and numerous others often talk about how their ability to bounce back after a setback is the key factor for their ultimate success. In this week's show, we read actionable ways to become rejection proof. The episode is based on Jia Jiang's exceptional best-selling book which was highly endorsed by billionaire Tony Hsieh.

By |July 23rd, 2017|Episodes|

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|