We interview and study famous financial billionaires, including Warren Buffett, Ray Dalio, and Howard Marks, and teach you what we learn and how you can apply their investment strategies in the stock market. We Study Billionaires is the largest stock investing podcast show in the world with 150,000,000+ downloads and is hosted by Stig Brodersen, Preston Pysh, William Green, Clay Finck, and Kyle Grieve. This podcast also includes the Richer Wiser Happier series hosted by best-selling author William Green. William regularly interviews legendary investors such as Mohnish Pabrai and Guy Spier, exploring what they can teach us about how to succeed in markets and life. And finally, our Bitcoin Fundamentals series is hosted by Preston Pysh, where he interviews prominent figures in the Bitcoin and macroeconomic space. To learn more about TIP, you can visit theinvestorspodcast.com or subscribe to our free daily newsletter here. Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
https://www.theinvestorspodcast.com
episode 581: TIP613: Stock Market Basics & Financial Independence w/ Clay Finck & Kyle Grieve
On today’s episode, Clay Finck and Kyle Grieve share why they are so passionate about investing in stocks and why they utilize the stock market to help them achieve financial independence.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
02:41 - How real-life examples of compounding have influenced Clay & Kyle
11:33 - How the stock market has compounded in the US since the 1950s.
20:50 - Why Clay and Kyle set the financial goal of becoming financially independent.
28:42 - Why Kyle chose to utilize the stock market as his tool to achieving financial independence.
36:44 - How an investor knows when they are ready to start investing in individual companies.
41:24 - How to quickly disqualify an investment.
43:44 - The best metric to filter on business quality.
72:27 - The edge that individual investors can have in picking stocks.
81:03 - Our favorite investing books.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
- Books mentioned: The Millionaire Next Door, 100 Baggers, The Psychology of Money, The Simple Path to Wealth, The Joys of Compounding, What I Learned About Investing From Darwin, Richer, Wiser, Happier, Invested, The Most Important Thing, The Warren Buffett Portfolio
- Check out Finchat.
- Episode Mentioned: TIP602: Same as Ever w/ Morgan Housel | YouTube Video.
- Related Episode: TIP604: Best Quality Idea Q1 2024 w/ Clay Finck & Kyle Grieve | YouTube Video.
- Learn more about the Berkshire Summit by clicking here or emailing Clay at clay@theinvestorspodcast.com.
- Follow Kyle on Twitter and LinkedIn.
- Follow Clay on Twitter and LinkedIn.
- Check out all the books mentioned and discussed in our podcast episodes here.
- Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
- 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
- NetSuite
- TurboTax
- Wise
- Fidelity
- CI Financial
- Linkedin Marketing Solutions
- Fundrise
- NDTCO
- Vacasa
- NerdWallet
- Babbel
- Shopify
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