TIP538: Richer, Wiser, Happier, Q1 2023 w/ William Green & Stig Brodersen

We Study Billionaires - The Investor’s Podcast Network

On today’s show, Stig Brodersen talks with co-host William Green, the author of “Richer, Wiser, Happier.” They discuss what has made them Richer, Wiser, or Happier in the past quarter.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

02:31 - How to think about investing with an asset manager that yields a lower return and has good values, or an asset manager with a higher return and bad values.

27:35 - The role of money vs. happiness for billionaires.

48:55 - What Stig and William learned from Ray Dalio.

54:51 - Why pain + reflection = progress.

1:25:16 - What Stig and William learned from Charlie Munger.

1:44:22 - Why William bought Alibaba and Seritage Growth Properties.

1:53:09 - Which investing books made it to the top 5 for Stig and William for Q1 2023, and why.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

• Listen to Stig Brodersen and William Green’s episode on Money and Happiness or watch the video.
• Listen to William Green’s interview with Ray Dalio or watch the video.
• Tune in to William Green’s interview with Fred Martin about being a disciplined growth investor or watch the video.
• William Green’s book Richer, Wiser, Happier – read reviews of this book.
• Fred Martin’s book, Benjamin Graham and the Power of Growth Stocks – read reviews of this book.
• Bruce Greenwald’s book, Competition Demystified – read reviews of this book.
• Joel Tillinghast’s book, Big Money Thinks Small – read reviews of this book.
• Ray Dalio’s book, Your Guided Journal – read reviews of this book.
• Aswath Damodaran’s book, The Little Book of Valuation – read reviews of this book.
• Gautam Baid’s book, The Joys of Compounding – read reviews of this book.
• Q&A with Charlie Munger from the DIJO meeting.
• Watch the trailer for Free Solo.

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