We're using cookies, but you can turn them off in your browser settings. Otherwise, you are agreeing to our use of cookies. Learn more in our Privacy Policy

Bridge over ocean
29 March 2021 Multimedia

Warren Buffett and the “Money Mind”

  1. Robert G. Hagstrom, CFA

Bestselling author Robert G. Hagstrom, CFA, senior portfolio manager at EquityCompass, discusses his latest book, “Warren Buffett: Inside the Ultimate Money Mind.”

Bestselling author Robert G. Hagstrom, CFA, senior portfolio manager at EquityCompass, takes listeners on a journey from the time he first heard Warren Buffett talk about a “money mind” to what he learned while researching and writing his latest book, “Warren Buffett: Inside the Ultimate Money Mind,” about the mindset and ideas that shaped the legendary investor’s investment methods.

The Take 15 Series is a collection of illuminating, short conversations with noted economists, best-selling authors, leading researchers, and successful practitioners on topics ranging from geopolitics and whistleblowing to irrationality and outlooks.

Episode Transcript (PDF)

Topics discussed:

1:45 Intro
2:50 Robert talks about his new book, Warren Buffett: Inside the Ultimate Money Mind
3:55 Temperament and why it’s critical as an element of a money mind?
4:47 What is a money mind?
5:55 Building blocks to a money mind
9:41 How does the average investor emulate Warren Buffett and these building blocks?
11:13 Investing is easier than you think but harder than it looks – Is that temperament?
13:36 Robert’s favorite chapter
16:40 The “Woodstock for Capitalists” annual meeting and how many Robert has attended
18:50 What Robert will be listening for at this year’s meeting
20:05 Warren Buffett wrote that debt securities face a bleak future – do you agree?
22:12 The perennial question – who will succeed Warren Buffett as Chief Executive?
23:17 The relationship between Warren and Charlie
25:13 Cocktail nugget – One Thousand Ways to Make $1000 by FC Minaker
27:02 Penny scale
28:49 A cocktail nugget about Warren and Charlie

Related articles and links: