TIP 073 : Billionaire Howard Marks - The Most Important Thing (Investing Podcast)

TIP 073 : Billionaire Howard Marks - The Most Important Thing (Investing Podcast)

IN THIS EPISODE, YOU’LL LEARN: How Preston’s short position of junk bonds is performing. How any asset is attractive at the right price, and how no asset is attractive at the wrong price. Why value investors should be attentive to credit cycles. How all financial markets are swinging like a pendulum and how to profit from it. Why value investing is like tennis for beginners. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. The Investor’s Podcast page executive summary of the book, The Most Important Thing. Howard Mark’s book, The Most Important Thing – Read reviews of this book. Benjamin Graham’s book, Security Analysis – Read reviews of this book. Preston and Stig’s educational stock investing videos: BuffettsBooks.com. 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: HardBlock Human Rights Foundation Plus500 Shopify Netsuite Vanta HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

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TIP181: Snap Judgements - a Review of Blink by Malcolm Gladwell (Business Podcast)

TIP181: Snap Judgements - a Review of Blink by Malcolm Gladwell (Business Podcast)

Malcolm Gladwell is a New York Times Best Selling author for multiple books. On today's show, Preston and Stig cover his book, Blink. Gladwell's book goes into detail exploring the things that happen ...

11 Mars 201847min

TIP180: Legendary Investor Bill Miller on Stocks, Commodities, & Bitcoin

TIP180: Legendary Investor Bill Miller on Stocks, Commodities, & Bitcoin

Mr. Miller was the former Chairman and Chief Investment Officer for Legg Mason Capital Management where he managed over 75 billion dollars. Today, Miller owns and operates Miller Value Partners. Throu...

4 Mars 201849min

TIP179: Private Equity Investing w/ Doug McCormick (Business Podcast)

TIP179: Private Equity Investing w/ Doug McCormick (Business Podcast)

On today's show we talk to private equity investing expert, Doug McCormick. Doug has been a private equity investor for two decades and his company has assets under management in excess of a billion d...

25 Feb 201844min

TIP178: Sam Walton - Made In America - The Story of Wal-Mart  (Business Podcast)

TIP178: Sam Walton - Made In America - The Story of Wal-Mart (Business Podcast)

On today's episode we learn about Billionaire Sam Walton. To prepare for the show we read Walton's book: Made In America. IN THIS EPISODE, YOU’LL LEARN: Sam Walton’s 10 pieces of advice for building...

18 Feb 201848min

TIP177: Mastermind Discussion 1Q 2018 (Business Podcast)

TIP177: Mastermind Discussion 1Q 2018 (Business Podcast)

Before the recent 10% correction, we saw more call options compared to put options by 2 standard deviations. We also saw the price at 3 standard deviations above the 200 Day Moving Average (DMA). On t...

11 Feb 20181h 5min

TIP176: Momentum & Value Investing w/ Dr. Wesley Gray (Business Podcast)

TIP176: Momentum & Value Investing w/ Dr. Wesley Gray (Business Podcast)

On today's show we bring back a popular guest, Dr. Wesley Gray. He has an interesting approach that's a mix between value and momentum investing. Dr. Gray discovered this approach after conducting yea...

4 Feb 201850min

TIP175: Shane Parrish - On Buffett, Dalio, and Reading (Business Podcast)

TIP175: Shane Parrish - On Buffett, Dalio, and Reading (Business Podcast)

On today's show we talk to renown investment blogger, Shane Parrish. Shane is a Buffett style investor that reads and studies everything about the markets. On today's show we talk to Shane about learn...

28 Jan 201849min

TIP174: Billionaires Ray Dalio & Bill Gross and Their Expectations for 2018 (Business Podcast)

TIP174: Billionaires Ray Dalio & Bill Gross and Their Expectations for 2018 (Business Podcast)

As the stock market continues to make new highs day after day, we look at recent comments by Billionaires Ray Dalio and Bill Gross to try and understand what's happening and what might happen moving f...

21 Jan 201855min

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