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Episode
Tom Gayner: Lessons That Every Investor Needs to Learn (Audio)
Views
28K
0.2× the show’s average
Episode28K
Show avg140K
Published
2y ago
Jan 23, 2024
Length
2h 07m
show avg 1h 30m
From the show
Chapters
Tom Gayner is the CEO of Markel Group. He discusses investing, optimizing for comfort, the difference between good and bad debt, decision-making, and opportunity cost. Listen on: Apple Podcasts: https://podcasts.apple.com/us/podcast/the-knowledge-project-with-shane-parrish/id990149481 Spotify: https://open.spotify.com/show/1VyK52NSZHaDKeMJzT4TSM?si=abde3cc6a48d43ef Follow: Twitter: https://twitter.com/ShaneAParrish Instagram: https://www.instagram.com/farnamstreet/ LinkedIn: https://www.linkedin.com/in/shane-parrish-050a2183/ Get the newsletter: https://fs.blog/newsletter/
- 0:00Intro
- 3:22Lessons learned from Charlie Munger
- 6:35Quaker roots
- 9:07Win-win business
- 12:55Early career
- 26:27Opportunity cost
- 32:37Process vs. outcome
- 35:12The dot-com tech bubble
- 41:18The 2008 financial crisis
- 44:37Dealing with Emotions during high-stakes situations (selling and buying)
- 46:05Lessons from the financial crisis
- 48:03Debt and low-interest rates
Mentioned
Names dropped
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