Mental Models of Warren Buffett & Charlie Munger | Insights from The Joys of Compounding (TIP536)

We Study Billionaires March 20, 2023
Video Thumbnail
We Study Billionaires Logo

We Study Billionaires

@westudybillionaires

About

Welcome to the We Study Billionaires YouTube channel by The Investor's Podcast Network! Since 2014, we have been guiding investors and business people of all levels on how to grow financially and personally. Our flagship show, We Study Billionaires, is the largest stock investing podcast show, with more than 185 million downloads. In this channel, you'll get content from the shows We Study Billionaires and Richer, Wiser, and Happier. On We Study Billionaires, we interview and study famous financial billionaires, including Warren Buffett, Bill Gates, and Jeremy Grantham. They teach you what they learn and how you can apply their investment strategies in the stock market. On Richer, Wiser, Happier, William Green interviews high-profile guests such as Howard Marks, Joel Greenblatt, and Ray Dalio. Exploring what they can teach us about success in markets and life. Leverage the lessons we learned from studying billionaires and apply them to your investing journey.

Video Description

💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: https://www.theinvestorspodcast.com/subscribe-youtube/ 🎧 Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP Clay continues his review of Gautam Baid’s book, The Joys of Compounding.  Gautam Baid is the Managing Partner and Fund Manager of Stellar Wealth Partners India Fund, a Delaware-based investment partnership which is available to accredited investors in the US. The fund is modeled after the Buffett Partnership fee structure and invests in listed Indian equities with a long-term, fundamental, and value-oriented approach. ▶️ RELATED EPISODES: - The Best Investment You Can Make | The Joys of Compounding by Gautam Baid: https://youtu.be/bYWq6nkWGBE - A Simple 4-Step Process to Achieving Financial Independence | Gautam Baid's The Joys of Compounding: https://youtu.be/WTMeGbL8jCU - MIND-BLOWING Returns in Commodities, Cyclicals, & Spinoffs | Gautam Baid: https://youtu.be/Xtahs2Gdyw8 - The Holy Grail of Long-Term Value Investing | The Joys of Compounding Insights: https://youtu.be/6ZDYAGNkHw8 IN THIS EPISODE, YOU’LL LEARN: 00:00:00 - Intro 00:01:32 - Virtues of Philantrophy & Good Karma 00:05:47 - Simplicity is the ultimate sophistication 00:14:04 - Financial Independence 00:20:06 - Living life with an inner score card 00:21:57 - Key to success is delayed gratification 00:23:30 - Charlie Munger as a role model 00:29:11 - An investors biggest edge 00:38:49 - Common Stock Investing 00:42:39 - Investing between the lines 00:45:56 - Investing Checklist 💡 OTHER RESOURCES - Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a 14-day free trial: https://www.sahg6dtr.com/59QC8Z/R74QP/ - TubeBuddy help optimize our YouTube videos - https://www.tubebuddy.com/pricing?a=TheInvestorsPodcast ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ABOUT OUR SHOW 🎙  On We Study Billionaires, we interview and study famous financial billionaires including Warren Buffett, Bill Gates, and Ray Dalio. We teach you what we learn and how you can apply their investment strategies in the stock market. 🌍 Website: https://www.theinvestorspodcast.com/we-study-billionaires/  ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📚OUR FREE INVESTING COURSES/RESOURCES https://www.theinvestorspodcast.com/tip-academy/ 📊TRY OUR STOCK INVESTING TOOL: TIP FINANCE https://www.theinvestorspodcast.com/tip-finance/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗ 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.

You May Also Like

Upgrade Your Everyday

AI-recommended products based on this video

Loading...
Amazon Echo Show 8 (newest model), With Spatial Audio, Smart Home Hub, and Alexa, Charcoal

Amazon Echo Show 8 (newest model), With Spatial Audio, Smart Home Hub, and Alexa, Charcoal

(21,817)
149.99
PrimeFREE delivery Saturday, June 14
9K+ bought in past month
Loading...
Apple AirPods 4 Wireless Earbuds, Bluetooth Headphones, with Active Noise Cancellation, Adaptive Audio, Transparency Mode, Personalized Spatial Audio, USB-C Charging Case, Wireless Charging, H2 Chip
Best Seller

Apple AirPods 4 Wireless Earbuds, Bluetooth Headphones, with Active Noise Cancellation, Adaptive Audio, Transparency Mode, Personalized Spatial Audio, USB-C Charging Case, Wireless Charging, H2 Chip

(26,751)
$118.98$114.22
FREE delivery Fri, Oct 17
10K+ bought in past month
Loading...
Wireless Earbuds, Bluetooth 5.4 Headphones, True Wireless Stereo Earphones with IPX7 Waterproof, Noise Cancelling Mic, Fast Charging and Comfort Fit Ear Buds for Sports/Workouts - Black

Wireless Earbuds, Bluetooth 5.4 Headphones, True Wireless Stereo Earphones with IPX7 Waterproof, Noise Cancelling Mic, Fast Charging and Comfort Fit Ear Buds for Sports/Workouts - Black

(1,741)
$19.99
FREE delivery Sun, Jun 22 on $35 of items shipped by Amazon
10K+ bought in past month
Loading...
Apple AirPods 4 Wireless Earbuds, Bluetooth Headphones, Personalized Spatial Audio, Sweat and Water Resistant, USB-C Charging Case, H2 Chip, Up to 30 Hours of Battery Life, Effortless Setup for iPhone
Best Seller

Apple AirPods 4 Wireless Earbuds, Bluetooth Headphones, Personalized Spatial Audio, Sweat and Water Resistant, USB-C Charging Case, H2 Chip, Up to 30 Hours of Battery Life, Effortless Setup for iPhone

(23,152)
$89.99$83.69
FREE delivery Thu, Sep 4
10K+ bought in past month
Loading...
Apple AirPods Pro 2 Wireless Earbuds, Active Noise Cancellation, Hearing Aid Feature, Bluetooth Headphones, Transparency, Personalized Spatial Audio, High-Fidelity Sound, H2 Chip, USB-C Charging

Apple AirPods Pro 2 Wireless Earbuds, Active Noise Cancellation, Hearing Aid Feature, Bluetooth Headphones, Transparency, Personalized Spatial Audio, High-Fidelity Sound, H2 Chip, USB-C Charging

(38,487)
$199.00$187.32
FREE delivery Fri, Oct 3
10K+ bought in past month
Loading...
Smart Watch for Men/Women, 1.95" AMOLED Fitness Tracker Watches with Bluetooth Calls/Flashlight/100+ Sport Modes Heart Rate/Sleep Monitor Ultra Lightweight Ultrathin Design

Smart Watch for Men/Women, 1.95" AMOLED Fitness Tracker Watches with Bluetooth Calls/Flashlight/100+ Sport Modes Heart Rate/Sleep Monitor Ultra Lightweight Ultrathin Design

(0)
17.99
PrimeFREE delivery Saturday, June 14 on orders shipped by Amazon over $35
Loading...
Smart Watch for Men Women (Answer/Make Call), 1.96" HD Smartwatch Fitness Activity Tracker, 110+ Sports IP68 Waterproof, Heart Rate/Sleep Monitor/Pedometer/Calories, Fitness Watch for Android iOS

Smart Watch for Men Women (Answer/Make Call), 1.96" HD Smartwatch Fitness Activity Tracker, 110+ Sports IP68 Waterproof, Heart Rate/Sleep Monitor/Pedometer/Calories, Fitness Watch for Android iOS

(550)
24.99
PrimeFREE delivery Saturday, June 14 on orders shipped by Amazon over $35
100+ bought in past month
Loading...
Apple Watch Series 10 [GPS 46mm case] Smartwatch with Rose Gold Aluminium Case with Light Blush Sport Band - M/L. Fitness Tracker, ECG App, Always-On Retina Display, Water Resistant
Best Seller

Apple Watch Series 10 [GPS 46mm case] Smartwatch with Rose Gold Aluminium Case with Light Blush Sport Band - M/L. Fitness Tracker, ECG App, Always-On Retina Display, Water Resistant

(7,994)
$329.00$296.10
FREE delivery Thu, Jul 3
1K+ bought in past month
Loading...
Apple Watch Series 10 [GPS 42mm case] Smartwatch with Jet Black Aluminium Case with Black Sport Band - S/M. Fitness Tracker, ECG App, Always-On Retina Display, Water Resistant
Best Seller

Apple Watch Series 10 [GPS 42mm case] Smartwatch with Jet Black Aluminium Case with Black Sport Band - S/M. Fitness Tracker, ECG App, Always-On Retina Display, Water Resistant

(7,993)
$299.00$269.10
FREE delivery Thu, Jul 3
8K+ bought in past month
Loading...
NOCO Boost GB40: 1000A UltraSafe Jump Starter – 12V Lithium Battery Booster Pack, Portable Jump Box, Power Bank & Jumper Cables - for 6.0L Gas and 3.0L Diesel Engines
Best Seller

NOCO Boost GB40: 1000A UltraSafe Jump Starter – 12V Lithium Battery Booster Pack, Portable Jump Box, Power Bank & Jumper Cables - for 6.0L Gas and 3.0L Diesel Engines

(117,789)
$99.95$75.43
FREE delivery Sun, Sep 21
30K+ bought in past month
Loading...
UGREEN Nexode Power Bank 20000mAh 130W Portable Charger 72Wh PD Fast Charging 3-Port USB C Battery Pack with TFT Smart Display for MacBook/iPad/iPhone 16/Samsung S24 and More

UGREEN Nexode Power Bank 20000mAh 130W Portable Charger 72Wh PD Fast Charging 3-Port USB C Battery Pack with TFT Smart Display for MacBook/iPad/iPhone 16/Samsung S24 and More

(1,903)
69.99
PrimeFREE delivery Saturday, June 14
500+ bought in past month
Loading...
ANKER 737 Power Bank, 24,000mAh 3-Port Laptop Portable Charger with 140W Fast Charging, Smart Display, for Outdoor Work, Compatible with iPhone 16/15/14 Series, Vision Pro, Samsung, MacBook, and More

ANKER 737 Power Bank, 24,000mAh 3-Port Laptop Portable Charger with 140W Fast Charging, Smart Display, for Outdoor Work, Compatible with iPhone 16/15/14 Series, Vision Pro, Samsung, MacBook, and More

(13,939)
109.99
FREE delivery Saturday, June 14
9K+ bought in past month
Loading...
VOLTME Portable Charger, Slim 10000mAh 5V/3A Power Bank, USB C in&Out High-Speed Charging Battery Pack, Travel Essentials Dual Output Compatible with iPhone 16 15 14 13 12 Samsung Google iPad etc

VOLTME Portable Charger, Slim 10000mAh 5V/3A Power Bank, USB C in&Out High-Speed Charging Battery Pack, Travel Essentials Dual Output Compatible with iPhone 16 15 14 13 12 Samsung Google iPad etc

(51)
19.99
PrimeFREE delivery Saturday, June 14 on orders shipped by Amazon over $35
Loading...
Apple AirPods 4 Wireless Earbuds, Bluetooth Headphones, with Active Noise Cancellation, Adaptive Audio, Transparency Mode, Personalized Spatial Audio, USB-C Charging Case, Wireless Charging, H2 Chip
Best Seller

Apple AirPods 4 Wireless Earbuds, Bluetooth Headphones, with Active Noise Cancellation, Adaptive Audio, Transparency Mode, Personalized Spatial Audio, USB-C Charging Case, Wireless Charging, H2 Chip

(26,751)
$118.98$114.22
FREE delivery Fri, Oct 17
10K+ bought in past month
Loading...
Apple AirPods 4 Wireless Earbuds, Bluetooth Headphones, Personalized Spatial Audio, Sweat and Water Resistant, USB-C Charging Case, H2 Chip, Up to 30 Hours of Battery Life, Effortless Setup for iPhone
Best Seller

Apple AirPods 4 Wireless Earbuds, Bluetooth Headphones, Personalized Spatial Audio, Sweat and Water Resistant, USB-C Charging Case, H2 Chip, Up to 30 Hours of Battery Life, Effortless Setup for iPhone

(23,152)
$89.99$83.69
FREE delivery Thu, Sep 4
10K+ bought in past month
Loading...
Apple AirPods Pro 2 Wireless Earbuds, Active Noise Cancellation, Hearing Aid Feature, Bluetooth Headphones, Transparency, Personalized Spatial Audio, High-Fidelity Sound, H2 Chip, USB-C Charging

Apple AirPods Pro 2 Wireless Earbuds, Active Noise Cancellation, Hearing Aid Feature, Bluetooth Headphones, Transparency, Personalized Spatial Audio, High-Fidelity Sound, H2 Chip, USB-C Charging

(38,487)
$199.00$187.32
FREE delivery Fri, Oct 3
10K+ bought in past month
Loading...
Bose QuietComfort Bluetooth Headphones, Wireless Headphones with Active Over Ear Noise Cancelling and Mic, Deep Bass, Up to 24 Hours of Playtime, White Smoke

Bose QuietComfort Bluetooth Headphones, Wireless Headphones with Active Over Ear Noise Cancelling and Mic, Deep Bass, Up to 24 Hours of Playtime, White Smoke

(10,961)
249.00
FREE delivery Wednesday, June 11.
1K+ bought in past month
Loading...
Barnyard Designs Indoor Herb Garden Planter Set with Tray, Metal Windowsill Plant Pots with Drainage for Outdoor or Indoor Plants, Set/3 (Black)

Barnyard Designs Indoor Herb Garden Planter Set with Tray, Metal Windowsill Plant Pots with Drainage for Outdoor or Indoor Plants, Set/3 (Black)

(3,684)
26.95
PrimeFREE delivery Saturday, June 14 on orders shipped by Amazon over $35
100+ bought in past month
Loading...
Eye Contact Web Camera for Desktop Computer – 1080P USB Camera with Microphone & Stand, Center Cam for Laptop or Desktop, Manual Focus, Plug & Play for macOS & Windows(Black)

Eye Contact Web Camera for Desktop Computer – 1080P USB Camera with Microphone & Stand, Center Cam for Laptop or Desktop, Manual Focus, Plug & Play for macOS & Windows(Black)

(96)
37.39
PrimeFREE delivery Saturday, June 14
100+ bought in past month
Loading...
PEHAEL 3+3Pack for iPhone 17 Pro Max Privacy Screen Protector with Camera Lens Protector Full Coverage Anti-Spy Tempered Glass Film 9H Hardness Easy Installation Bubble Free [6.9 inch]

PEHAEL 3+3Pack for iPhone 17 Pro Max Privacy Screen Protector with Camera Lens Protector Full Coverage Anti-Spy Tempered Glass Film 9H Hardness Easy Installation Bubble Free [6.9 inch]

(151,641)
$7.99$6.39
FREE delivery Mon, Sep 29 on $35 of items shipped by Amazon
New on Amazon in past month
Loading...
Ailun 3 Pack Screen Protector for iPhone 16 Pro Max [6.9 inch] + 3 Pack Camera Lens Protector with Installation Frame,Sensor Protection,Dynamic Island Compatible,Case Friendly Tempered Glass Film

Ailun 3 Pack Screen Protector for iPhone 16 Pro Max [6.9 inch] + 3 Pack Camera Lens Protector with Installation Frame,Sensor Protection,Dynamic Island Compatible,Case Friendly Tempered Glass Film

(362,029)
$7.63
FREE delivery Wed, Aug 20 on $35 of items shipped by Amazon
10K+ bought in past month
Loading...
2025 AI Portable Fan Rechargeable, 4 Speeds 6600RPM Strong Airflow, Personal Waist Fan with up to 25H of Working Time, Hands-Free Hanging Neck Fan, Wearable Belt Fan for Camping, Outdoor, Jobsite

2025 AI Portable Fan Rechargeable, 4 Speeds 6600RPM Strong Airflow, Personal Waist Fan with up to 25H of Working Time, Hands-Free Hanging Neck Fan, Wearable Belt Fan for Camping, Outdoor, Jobsite

(1,636)
$19.98
FREE delivery Thu, Jul 3 on $35 of items shipped by Amazon
40K+ bought in past month