Investing Calmly Amid the Storm w/ Christopher Begg (RWH056)

Video Description

William Green chats with Christopher Begg, an exceptional hedge fund manager who is the CEO & CIO of East Coast Asset Management. Chris has also taught for many years at Columbia Business School, where he teaches the prestigious Security Analysis course that Warren Buffett took with Ben Graham in 1951. Here, Chris discusses how to stay calm amid market turmoil; how he identifies great businesses; why Tesla could deliver extraordinary long-term returns; & how he builds a balanced life in 7 key areas.  What you'll learn here: 00:00:00 - Intro 00:00:59 - How Christopher Begg handles extreme market turmoil. 00:02:10 - Why he loves volatility & how he exploits it. 00:15:44 - Why temperament is the key to investment success. 00:19:40 - What 3 qualities he seeks when identifying an exceptional business. 00:22:54 - How Perimeter Solutions embodies what he looks for in a stock. 00:29:42 - How value investing has evolved to what he calls “Value 3.0.” 00:34:21 - Why Tesla could deliver “extraordinary” returns over many years. 00:53:51 - What he thinks of Elon Musk. 01:04:33 - Why the secret of success is “persistent incremental progress.” 01:07:24 - How a 66-day challenge helped Chris to nurture good habits. 01:15:34 - How Buffett & Munger won the investing game with “class & virtue.” 01:24:02 - How to design a balanced, joyful, & spacious life. Transcript & Guest Info: https://www.theinvestorspodcast.com/richer-wiser-happier/calm-amid-the-storm-w-christopher-begg/ 🤝 Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here: https://www.theinvestorspodcast.com/summit Join our highly vetted community of value investors: https://www.theinvestorspodcast.com/mastermind/ ▶️ Related Episodes: - The Quest for Quality w/ Chris Begg: https://youtu.be/gggd4dohwkM - What I’ve Learned From Warren Buffett & Charlie Munger w/ Chris Davis: https://youtu.be/Oeo66H4lM-g - Celebrating Charlie Munger w/ Mohnish Pabrai, Tom Gayner, Joel Greenblatt, & Chris Davis: https://youtu.be/uZFB3EVCBbw 📖 Books Mentioned: - In Search of Lost Time by Marcel Proust: https://amzn.to/42uHRzG - How God Becomes Real by Tanya Luhrmann: https://amzn.to/3XZRdCc - Phenomenology of Perception by Maurice Merleau-Ponty: https://amzn.to/3Rn5JQM - The Hitchhiker’s Guide to the Galaxy by Douglas Adams: https://amzn.to/4lytLFZ - Jonathan Livingston Seagull by Richard Bach: https://amzn.to/3ElatmZ - Finite & Infinite Games by James Carse: https://amzn.to/4jxnoBL - Consolations by David Whyte: https://amzn.to/3RjGIWz - Consolations II by David Whyte: https://amzn.to/44gEKOv - Richer, Wiser, Happier by William Green: https://amzn.to/426wpeY Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP Visit our website: https://www.theinvestorspodcast.com/richer-wiser-happier/ 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. #ValueInvesting #HedgeFundManager #StockMarket #InvestmentStrategy #ChristopherBegg