TIP513: Warren Buffett's Money Mind

<p><strong>IN THIS EPISODE YOU’LL LEARN:</strong></p><p>00:00 - Intro</p><p>02:54 - What it means to have a “Money Mind”.</p><p>10:08 - How Warren's father’s Libertarian viewpoints rubbed off on Warren’s business mind.</p><p>24:29 - How Buffett continued to evolve as an investor as the investment landscape changed.</p><p>29:24 - Tom Gayner’s description of the three stages of value investing that has played out over time.</p><p>36:15 - How Bill Miller helped value investors realize that value is sometimes found in the most unexpected places.</p><p>45:04 - How Buffett’s mindset differs from that of academics.</p><p>45:23 - Why Buffett views stock market volatility as an opportunity rather than the risk in a company.</p><p>50:21 - Why investors focused on the process rather than the outcome are better positioned to succeed in the long run.</p><p><br></p><p><em>Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Tune in to the recent We Study Billionaires' episode covering <a href="https://link.chtbl.com/WSB511" rel="noopener noreferrer" target="_blank"><strong>Peter Lynch</strong></a>.</li><li>Learn about <a href="https://link.chtbl.com/WSB508" rel="noopener noreferrer" target="_blank"><strong>Buffett's Purchase of TSM &amp; Meta "Doomsday" Analysis</strong></a>.</li><li>Robert Hagstrom’s books: <a href="https://www.amazon.com/Warren-Buffett-Inside-Ultimate-Money-ebook/dp/B08XG58FK1?crid=1HO5UPB2GEKKG&amp;keywords=robert+hagstrom&amp;qid=1672088528&amp;sprefix=robert+hagstrom%2Caps%2C123&amp;sr=8-3&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=6cec4522db640964d17036488291d6df&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank"><strong>Inside the Ultimate Money Mind</strong></a>, <a href="https://www.amazon.com/Warren-Buffett-Way-Robert-Hagstrom-ebook/dp/B00FAMMZN8?crid=1HO5UPB2GEKKG&amp;keywords=robert+hagstrom&amp;qid=1672088528&amp;sprefix=robert+hagstrom%