Clay is joined by Soo Chuen Tan, the founder and president of Discerene Group, to discuss global and contrarian value investing. Soo Chuen started his firm in 2010 with less than $100 million in AUM and has grown it to over $2 billion. Utilizing their strict value investing approach, Discerene has had an impressive investment track record since its founding in June 2010. IN THIS EPISODE YOU’LL LEARN: 00:00:00 - Intro 00:00:32 - Founding Story 00:13:08 - Why Discerene has outperformed 00:18:38 - How to be a better investor 00:26:42 - Logic and Epistemology 00:32:47 - Can great investing be learned? 00:38:36 - Investing Psychology 00:51:29 - Reflexivity 00:57:56 - Value Traps 00:59:50 - Charlie Munger 01:04:04 - Final Handoff 🤝 Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Clay and the other community members: https://theinvestorspodcast.com/mastermind 📈 Learn to invest like legend investors do — from the company that has interviewed them. Use YOUTUBE15 to get 15% off! https://theinvestorspodcast.podia.com/how-to-get-started-with-stocks 💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: https://www.theinvestorspodcast.com/subscribe-youtube/ ▶️ RELATED EPISODES: - Contrarian Investing & Sir John Templeton w/ Scott Phillips: https://youtu.be/S8OXA2XIrNY - The BEST Investor You've NEVER Heard Of—Nick Sleep: https://youtu.be/YJQaKHnurpo - How to Win the Investment Game w/ Bryan Lawrence: https://youtu.be/ggSd95TRBKM - How Turtle Creek Beat the Market Since 1998 | Value Investing Masterclass w/ Andrew Brenton: https://youtu.be/VfCJk7Wvldk 🎧 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/episodes/value-investing-masterclass-soo-chuen-tan/ 📖  BOOK MENTIONED: - The Power of Negative Thinking by Bobby Knight: https://amzn.to/3Si75gi Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😀 💡 OTHER RESOURCES - Jason Zweig’s article, The Seven Virtues of Great Investors: https://tinyurl.com/59m7es7e - David Chambliss’s The Mundanity of Excellence: https://tinyurl.com/mry25tj8 - Solomon Asch Conformity Line Experiment Study: https://tinyurl.com/bdzkhsk3 - Short-Termism at Its Worst by Malcolm Salterl: https://tinyurl.com/bdfej29z - Duration of Executive Compensation by Gopalan, Milbourn, Song, & Thakor: https://tinyurl.com/4vcb4xfv - 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 We Study Billionaires, we interview and study famous financial billionaires including Warren Buffett, Bill Gates, and Ray Dalio. We teach you what we learn and how you can apply their investment strategies in the stock market. 🌍 Website: https://www.theinvestorspodcast.com/we-study-billionaires/  📝 Help us understand our audience better so we can create a more intentional user experience by answering this survey! https://www.theinvestorspodcast.com/survey2023-youtube ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📚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.