TIP646: How To Understand A Business Like A Pro w/ Kyle Grieve

  • Thread starter We Study Billionaires - The Investor’s Podcast
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We Study Billionaires - The Investor’s Podcast

Guest
On today’s episode, Kyle Grieve discusses a book that is near and dear to Warren Buffett’s heart, Common Stocks and Uncommon Profits by Philip Fisher. He’ll discuss why the book was so influential on Warren’s transition towards quality businesses, why going deep into a business is vital to successful long-term investing, specific ways to learn more about a business, it’s management, and its products, how to create your own business grapevine to monitor your investments, details on how Philip Fisher’s investing philosophy and how it developed, and a whole lot more!



IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

04:12 - The importance of avoiding dogmatic thinking in investing

05:13 - Why owning growing businesses is so powerful for great investments

05:47 - How to evaluate a business growth prospects

08:43 - How you should look at relations between a business and its employees

14:44 - How Amazon has strengthened their moat by thinking long-term

26:27 - The three ways a business can fund its growth and which are the most beneficial to shareholders

33:56 - Why you should seek transparency in your management teams

35:17 - How to balance investing in growth businesses with being a conservative investor

44:57 - Why having the ability to see the future of a business's profits is so key for minimizing risk

53:07 - The importance of consistently monitoring your businesses, no matter how well they've performed for you in the past

And so much more!



Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.



BOOKS AND RESOURCES

  • Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
  • Buy Common Stocks and Uncommon Profits by Philip Fisher here.
  • Buy Where The Money Is by Adam Seessel here.
  • Buy 7 Powers by Hamilton Helmer here.
  • Buy What I Learned About Investing From Darwin by Pulak Prasad here.
  • Follow Kyle on Twitter and LinkedIn.
  • Check out all the books mentioned and discussed in our podcast episodes here.
  • Enjoy ad-free episodes when you subscribe to our Premium Feed.

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