We Study Billionaires - The Investors Podcast

On today’s episode, Kyle Grieve discusses an underrated book called “Warren Buffett’s Ground Rules” by Jeremy Miller, he’ll discuss how to avoid being taken advantage of by Mr. Market, how to maximize the effects of compounding, how Warren thinks about tracking investment performance, how Buffett aligned himself with his partners, why contrarianism is such a good trait in investing, the challenged of scaling capital and a whole lot more! IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 04:34 - How to think about the time lag between a businesses changing fundamentals and its market price 10:30 - The story that taught Warren Buffett about the magic of compounding 15:07 - Why avoiding frictional costs is so crucial to maximizing your ability to compound your money 35:25 - The five characteristics to avoid if you want to outperform the market 36:15 - The four investing buckets that Buffett invested in 40:04 - Warren's strategies for investing in generals, merger arbitrage, and controls 41:04 - Contrasting contrarian