The Guy Who Studied Buffett for 25 Years
About This Episode
Value investor Guy Spier joins Shaan Puri to discuss the psychological and tactical habits he learned from 25 years of studying Warren Buffett and Bill Ackman. The episode explores the power of modeling mentors, the transformative habit of writing handwritten gratitude notes, and the importance of playing the 'infinite game' of compounding rather than chasing short-term wins.
Episode Description
Show Notes
Links
Check Out Shaan's Stuff
Check Out Sam's Stuff
Key Takeaways
Adopt the 'Three Daily Notes' habit: Write three handwritten thank-you notes every day to foster professional reciprocity and rewire your brain to look for things to be grateful for.
Practice 'Cloning' success: Don't just read advice; study the primary sources your mentors study—like original annual reports—and ask yourself exactly what they would do if they were in your shoes.
Prioritize survival in the 'Infinite Game': Success in investing is less about hitting the 'kingpin' and more about keeping your ball out of the gutter to ensure you remain one of the 2% of players who don't implode over a 25-year period.