Stig Brodersen speaks with Guy Spier who has outperformed the S&P 500 since 1997, with a 9.6% vs. 8.8% CAGR. They explore why Guy invested in The Economist, and how friendships, service, and living by an inner scorecard guide his life and investment philosophy. What you'll learn here: 00:00:00 - Intro 00:02:42 - Why Guy Spier decided to invest in The Economist 00:13:56 - How Guy is living by his inner scorecard 00:55:05 - How does Guy invest in friendships 01:02:50 - Why friendships are there for a reason, a season, or a lifetime 01:10:10 - How to facilitate thoughtful conversations with friends 01:19:08 - How do you seek wisdom 01:42:02 - How do you identify how to best be of service 01:55:12 - What money can and can’t buy you Transcript & Guest Info: https://www.theinvestorspodcast.com/episodes/compounding-with-character-w-guy-spier/ 🤝 Join like-minded value investors this October in NYC by joining the TIP Mastermind Community. https://www.theinvestorspodcast.com/mastermind/ 💎 Explore a new business weekly and decide if it deserves a spot in your portfolio. https://www.theinvestorspodcast.com/intrinsic-value-podcast/ ▶️ Related Episodes: - Guy Spier Track Record | Investing Risk | VALUEx: https://youtu.be/xsevf3I8Sgg - 5 Life Lessons from Guy Spier | The Education of a Value Investor: https://youtu.be/ly_lWtSwPgQ - The Education Of A Value Investor By Guy Spier: https://youtu.be/SQSh4ynocyQ 📖 Books Mentioned: - The Education of a Value Investor by Guy Spier: https://amzn.to/4ew626k - Power Versus Force by David Hawkins: https://amzn.to/3TTBJNs - How to Know A Person by David Bricks: https://amzn.to/4eIPFne Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP Visit our website: https://www.theinvestorspodcast.com/we-study-billionaires/ Free PDF: Investing for Beginners: 4 Principles of Stock-Picking: https://www.theinvestorspodcast.com/subscribe-youtube/ ⚠️ Disclaimer: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting. #GuySpier #InnerScorecard #LongTermInvesting #ValueInvesting #InvestmentPhilosophy