We Study Billionaires - The Investor’s Podcast Network
Business:Investing
Kyle Grieve chats with Lawrence Cunningham about Lawrence’s fascination with Warren Buffett and Berkshire Hathaway, why corporate governance is so crucial for shareholders to understand, the power of transparency, accountability, and ethical decision-making, how Warren Buffett created his shareholder letters to create a competitive advantage, a list of some incredible businesses to research to understand best top-notch corporate governance, the makeup of a successful incentive program and a whole lot more!
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
02:02 - How corporate governance protects shareholders.
06:53 - Why Warren Buffett has created a competitive advantage by writing his shareholder letters the way he does.
09:54 - A few businesses that have excellent corporate governance that investors should research.
13:35 - Lessons from Charlie Munger and Philip Fisher that helped Warren better understand quality.
29:39 - How Warren's alignment with shareholders is such a competitive advantage.
30:07 - Why Berkshire is such an attractive buyer compared to alternatives.
33:04 - A breakdown of some simple and complicated investments Warren has made using the 1-foot and 7-foot hurdle analogy.
40:41 - The ABCs of capital allocation and why all board members should understand them deeply.
46:27 - How Warren tracks intrinsic value for different business models and why you should utilize multiple tools.
56:32 - Why it's so hard for most companies to have shareholder-friendly incentive programs.
And so much more!
BOOKS AND RESOURCES
SPONSORS
Support our free podcast by supporting our sponsors:
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!
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
TIP491: Macro and the Energy Market w/ Lyn Alden
TIP490: Lessons from Home Depot, Sam Walton and giving away $2 Billion w/ Billionaire Bernie Marcus
BTC102: Bitcoin Lightning Network Changing the Energy Sector w/ Austin Mitchell (Bitcoin Podcast)
TIP489: Intrinsic Value Analysis of Dollar General & Apple
TIP488: Current Market Conditions W/ Richard Duncan
BTC101: 4th Quarter Macro Overview w/ Luke Gromen (Bitcoin Podcast)
TIP487: Warren Buffett’s 12 Investment Principles (with a Case Study)
TIP486: Macro Investing w/ Cullen Roche
TIP485: Market Updates, Ray Dalio Retiring, Elon Buying Twitter and Elemental Power w/ Josh Wolfe
BTC100: Jeff Booth On Finding Bitcoin's Signal In A Noisy World (Bitcoin Podcast)
TIP484: How Warren Buffett Became the Greatest Investor to Ever Live (Part 2)
RWH015: Betting Better in Markets & Life w/ Annie Duke
TIP483: Down But Not Out w/ Cathie Wood
BTC099: Michael Saylor's Deep Dive on Bitcoin Energy Misconceptions (Bitcoin Podcast)
TIP482: How Warren Buffett Became the Greatest Investor to Ever Live (Part 1)
TIP481: Our Finances w/ Stig Brodersen and Clay Finck (Part 2)
TIP481: Our Story w/ Stig Brodersen and Clay Finck (Part 1)
TIP480: Why Microcaps Have The Best YTD Performance w/ Ian Cassel
BTC098: Proof of Stake (PoS) Versus Proof of Work (PoW) w/ Jason Lowery (Bitcoin Podcast)
RWH014: The Resilient Investor w/ Matthew McLennan
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Forward Guidance
Macro Voices
Money Girl
So Money with Farnoosh Torabi
The YNAB Podcast