Morgan Housel is the New York Times Bestselling author of The Psychology of Money and Same as Ever and a popular finance blogger. His books have sold over 4.5 million copies and have been translated into more than 50 languages. He is also a partner at The Collaborative Fund and serves on the board of directors at Markel. 

He talks to Guy Spier about the concept of writing for oneself, the slow way to approach reading and how to help the process of connecting ideas. Other topics discussed include skiing, beauties of the United States and the importance of sample size.

Full transcript available here: https://aqfd.docsend.com/view/4u4kmcmsm3k8rccq

Contents:

(00:00:00) The Beauty and the Dangers of Skiing

(00:04:58) Insights from Same as Ever

(00:09:55) Selfish Writing

(00:18:53) Ways to Approach the Writing Process

(00:23:17) Inner Scorecard

(00:30:45) Connecting Ideas

(00:38:18) The Art of Reading Slowly

(00:41:31) Fiction vs. Nonfiction

(00:52:11) The Importance of Sample Size

(00:54:19) Everyone is on their Own Path

(00:59:43) Poetry

(01:07:15) The United States and New York City

Luca Dellanna is a management advisor and an author from Turin, Italy. His books cover topics ranging across management, human behavior, and economics. He talks to Guy Spier about his early career, his research on ergodicity and some topics from his other books, including autism and the difference of decision making and action taking in our brains.

Full transcript available here: https://aqfd.docsend.com/view/r5q6w9tq7e2b8aqb

Contents:

(00:00:00) Introduction 

(00:07:38) The Concept of Ergodicity 

(00:14:31) Extrapolation Over Time Horizons 

(00:21:22) Luck or Skill? 

(00:24:50) Maximizing the Worst Outcome 

(00:31:32) Uncertainty and Risk Management 

(00:39:09) Diversification as a Practical Tool 

(00:43:09) Personal Knowledge Management Tools 

(00:48:56) Decision Making vs. Action Taking 

(00:58:09) Autism and the Idea of the Magnifying Glass 

(01:02:54) Luca’s Professional Career 

(01:08:38) The History of Turin

Daniel Simons and Christopher Chabris are professors of psychology, both experts in the fields of cognitive science and experimental psychology. They are also known as the co-authors of the famous book The Invisible Gorilla, and the inventors of the homonymous psychological experiment. 12 years from the release of their first book they have partnered again, co-writing Nobody's Fool: Why We Get Taken In and What We Can Do about It. This book illustrates through a series of stories why we fall victim to deception and provides practical tools to help the reader know when to question their beliefs.

In this conversation, Simons and Chabris give the listener a taste of their new book. They provide insights on how we can arm ourselves against stories that do not reflect reality and how to improve our ability to realize when we are in front of a critical decision. Topics discussed also include social pressure, manifesting, self-help books, and chess. 

Full transcript available here: https://aqfd.docsend.com/view/58jfj8tt73uqqajy

Contents:

(00:00:01) From “The Invisible Gorilla” to “Nobody’s Fool”

(00:04:30) When Should We Question Our Intuition?

(00:20:29) The Power of a Good Partnership

(00:23:54) The Time-Reversal Heuristic 

(00:31:48) When the Story is Nicer Than Reality 

(00:49:13) Social Pressure: A Potent Tool 

(00:55:57) Luxury Goods and the Concept of Familiarity 

(01:01:00) Manifesting: Is it Harmless? 

(01:06:53) How to Approach Self-Help Books 

(01:11:01) The Fields of Psychology 

(01:19:35) On Chess, Bridge, and Poker 

Ben Feder is an investor and games executive, currently managing partner at TIRTA Ventures. He is also the author of the book Take Off Your Shoes: One Man's Journey from the Boardroom to Bali and Back. Ben formerly served as the CEO of Take-Two Interactive and was President of International Partnerships for North America at Tencent Games.

Ben talks to Guy about his early career in the media industry, the time he was part of the successful takeover of Take-Two Interactive, and his newly launched venture capital firm TIRTA. Some other topics include video games, artificial intelligence, and the world of streaming.

Full transcript available here: https://aqfd.docsend.com/view/vst3ch75vk2n2sdv

Contents:

(00:00:00) Introduction 

(00:02:19) The Start of a Successful Career 

(00:08:13) Choosing Between Business School and a Ph.D. 

(00:11:36) How to Be a Good Leader 

(00:18:36) The Takeover of Take-Two Interactive 

(00:26:23) Streamers vs. Owners of Content 

(00:29:41) Should Authors Self-Publish? 

(00:38:00) The World of Video Games 

(00:47:13) Artificial Intelligence as a Productivity Tool 

(00:55:02) TIRTA’s Place in the Venture Capital Space 

(00:59:59) Some Thoughts on Psychotherapy 

(01:03:47) Jewish Identity and Interconnectedness 

Christina Patterson is a journalist, writer, broadcaster, and coach. A former columnist at The Independent, today Christina writes for the Daily Mail, Observer Magazine and The Telegraph, and reviews for The Sunday Times. She is also a regular guest on the Sky News press preview. 

Christina talks to Guy Spier about her books and the journey of her and her family’s life, which effectively inspired them. Other topics include psychotherapy, writing and poetry, as well as the importance of speaking our parents’ mother tongues. 

Full transcript available here: https://aqfd.docsend.com/view/2qfv9ccrixrjbb5w

Contents:

(00:00:00) Two Books, One Courageous Author

(00:07:12) The Life Behind the Memoir

(00:13:23) Why Do We Long for Self-Help Books?

(00:25:04) The Discovery of Swedish Roots

(00:36:24) Commitment to Truthfulness

(00:44:42) Conversation as a Healer

(00:50:26) The Dark Side of the Church

(00:58:52) Therapy and Alternative Medicine

(01:10:01) How to Master Writing

(01:20:51) Poetry: The Purest Form of Literary Art

(01:23:53) Looking Towards the Future

(01:29:30) On the Love for Italy

Lauren Templeton is the founder and CEO of Templeton & Phillips Capital Management. Investing runs in Lauren's blood, as she is the great niece of Sir John Templeton. She reflects on their work together, as well as on the impact of her father on Lauren's journey in investing. Lauren also gives some insight into the perks of working with her husband, Scott Phillips.

Transcript available here: https://aqfd.docsend.com/view/z5j2t67cqmbnn7ba

This is a repost of episode RWH023 of The Investor’s Podcast Network. Please check out the original episode here:  

https://youtu.be/G1yQcykKYJg

If you’d like to hear more of William Green’s interviews on the “Richer, Wiser, Happier” podcast, then please check them out here:  

https://www.theinvestorspodcast.com/richer-wiser-happier/

We discussed many things that are so relevant to today's environment including  

- attending the Berkshire Hathaway meeting

- the influence of Warren Buffett

- stocks like Spotify, Roku, Twilio

- investing in China

and so much more...

Jeff Henriksen is the co-founder and CEO of Thorpe Abbotts Capital, a value oriented hedge fund based in Charlottesville, Virginia. In this short interview, Jeff talks about his experience of attending the executive MBA programme in Oxford, leading to him staying to teach a valuation course to graduates. Other topics include gaining a behavioral edge in investing, and the advantages of a price to book strategy. 

Transcript is available here: https://aqfd.docsend.com/view/zts7etxhxifcwp86