William Green chats with Tom Gayner, one of the great long-term investors of our time. Tom is the CEO of the Markel Corporation, a global financial holding company, where he oversees about 20,000 employees. Here, he shares his time-tested advice on how to achieve enduring success in business & investing while also building a happy & fulfilling personal life.  IN THIS EPISODE, YOU’LL LEARN: 00:00:00 - Intro 00:00:38 - How Tom Gayner made a fortune by setting up a retirement account at age 14. 00:11:15 - What he learned from his grandmother about the glory of long-term compounding. 00:14:11 - How to succeed through steady, persistent progress over long periods of time. 00:24:13 - Why humor, fun, & joyfulness are central aspects of Tom’s approach to work. 00:29:36 - Why it’s so helpful to set down your thoughts, principles, & values in writing. 00:31:57 - Why we should bet on companies that do things “for” their customers, not “to” them. 00:36:19 - What Charlie Munger teaches about the secret of success. 00:43:09 - How to flourish in business & life by compounding relationships built on trust & love.  00:52:21 - How Berkshire Hathaway embodies everything Tom looks for in a business. 01:01:02 - What we can learn about investing from the comedian Jerry Seinfeld. 01:04:20 - How Tom approaches the challenge of appraising a person’s talent & integrity. 01:09:40 - Why he prefers to aim for satisfaction, not optimization. 01:19:15 - Why you should never check your luggage when you travel. 🤝 Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig and the other community members: https://theinvestorspodcast.com/mastermind 💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: https://www.theinvestorspodcast.com/subscribe-youtube/ ▶️ RELATED EPISODE: - Long Term Success Strategies: Career Advice & Business Tactics w/ Sahil Bloom: https://youtu.be/IoOfNCqE9hg 🎧 Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP 🖊️ Access the transcript and learn more about the guest here: https://www.theinvestorspodcast.com/richer-wiser-happier/wealth-wisdom-happiness-w-tom-gayner/ 📖  BOOK MENTIONED: - Richer, Wiser, Happier by William Green: https://amzn.to/3RX9gDp Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😀 💡 OTHER RESOURCES - Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a 14-day free trial: https://www.sahg6dtr.com/59QC8Z/R74QP/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ABOUT OUR SHOW 🎙  On Richer, Wiser, Happier, William Green interviews high-profile guests such as Howard Marks, Joel Greenblatt, and Ray Dalio. Exploring what they can teach us about how to succeed in markets and life. 🌍 Website: https://www.theinvestorspodcast.com/richer-wiser-happier/  ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📚OUR FREE INVESTING COURSES/RESOURCES https://www.theinvestorspodcast.com/tip-academy/ 📊TRY OUR STOCK INVESTING TOOL: TIP FINANCE https://www.theinvestorspodcast.com/tip-finance/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗ 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.