We Study Billionaires - The Investor’s Podcast Network
Business:Investing
In this episode, William Green chats with hedge fund manager Christopher Begg, who is the CEO, Chief Investment Officer, & co-founder of East Coast Asset Management. Chris is also a revered professor at Columbia Business School, where he teaches the Security Analysis class that was originally taught by Warren Buffett’s mentor, Ben Graham. Here, Chris shares powerful lessons on how to identify high-quality businesses & build a life that’s defined by a commitment to quality.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
03:54- How Chris Begg came to teach an investing class originally taught by Ben Graham.
10:29 - What Chris learned from his ten fireside chats with Berkshire Hathaway’s Todd Combs.
13:17 - What Buffett & Munger taught Chris about focusing on a few great businesses.
17:58 - How he finds undervalued stocks by asking, “Where are the clouds today?”
26:55 - Why he’s bullish on Meta & Google, despite an array of perceived threats.
36:09 - How he identifies great businesses by seeking 8 layers of competitive advantage.
47:13 - How to succeed through “persistent incremental progress eternally repeated.”
1:00:01 - Why investors can’t afford to ignore a company’s impact on the environment.
1:06:40 - Why consistent kindness is a potent ingredient of success, helping to build trust.
1:15:22 - How Chris gains an edge by continuously compounding his interdisciplinary knowledge.
1:32:17 - What he’s learned about the pursuit of excellence from surfing with Josh Waitzkin.
1:40:48 - Why Chris structures his workday to include meditation & contemplation.
1:50:46 - What studying Andrew Carnegie—once the world’s richest person—has taught him.
1:53:40 - Why Chris believes that the world is headed in a better direction.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
NEW TO THE SHOW?
P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!
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!
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
TIP550: Masterclass w/ Mohnish Pabrai
TIP549: 2 High-Quality Compounders
BTC128: Evolving w/ the Technium w/ Kevin Kelly (Bitcoin Fundamentals)
TIP548: Berkshire Hathaway Masterclass 2023 w/ Chris Bloomstran
TIP547: The Truth About Stock Market Forecasts
BTC127: Long-Term Holders Driving the Bitcoin Market w/ Dylan LeClair (Bitcoin Podcast)
RWH026: Wealth & Health w/ Jason Karp
TIP546: The Holy Grail of Long-Term Value Investing
BTC126: Redeeming GBTC w/ David Bailey (Bitcoin Podcast)
RWH025: Patient Capital W/ Samantha McLemore
TIP545: The Third Sea Change Has Begun w/ Howard Marks
BTC125: James Lavish On Why Bitcoin Performs From Here (Bitcoin Podcast)
TIP544: Life-Changing Returns in Cyclicals & Spinoffs
TIP543: 100 Baggers: Stocks that Return 100-1 w/ Chris Mayer
TIP542: The Crisis is Bigger Than Banks w/ Jeremy Grantham
BTC124: Bitcoin is a Strategic National Necessity w/ Pierre Rochard (Bitcoin Podcast)
TIP541: How Equity Crowdfunding is Changing the Game w/ Daniel Gallancy
RWH024: Wealth, Wisdom, & Happiness w/ Tom Gayner
TIP540: Lessons in Life and Business from a Self-Made Billionaire w/ Andrew Wilkinson
BTC123: The Legacy Banking System in Shambles w/ Alf Peccatiello (Bitcoin Podcast)
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Money Girl
So Money with Farnoosh Torabi
The YNAB Podcast
Money Tree Investing
The Disciplined Investor