IN THIS EPISODE, YOU’LL LEARN:

• How Warren Buffett already read financial statements when he was kid.
• Why Warren Buffett was sitting behind the counter at the local steakhouse collecting receipts, and how that lead to one of his best investments.
• How a gentleman that counted sheets of toilet paper convinced Warren Buffett to work with him.
• Why Warren Buffett never replaces management in the companies he acquirers.
• How Warren Buffett picked the CEO of Salomon Brothers in a simple, yet very orthodox way.
• Ask the Investors: How do you generate ideas for new stock investments?

BOOKS AND RESOURCES

• Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
• Check out our five-page executive summary of Buffett: The Making of an American Capitalist.
• Roger Lowenstein’s book, Buffett: The Making of an American Capitalist – Read reviews of this book.
• Alice Schroeder’s book, The Snowball – Read reviews of this book.

NEW TO THE SHOW?

• Check out our We Study Billionaires Starter Packs.
• Browse through all our episodes (complete with transcripts) here.
• Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
• Enjoy exclusive perks from our favorite Apps and Services.
• Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
• Learn how to better start, manage, and grow your business with the best business podcasts. 

SPONSORS

Support our free podcast by supporting our sponsors:

• River
• Toyota
• Range Rover
• Vacasa
• AT&T
• The Bitcoin Way
• Public
• American Express
• Onramp
• SimpleMining
• Fundrise
• Shopify
• USPS

 

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