712: Guy Spier, part 1: The Education of a Value Investor

Guy is a successful, well-known hedge fund founder. He's famous for paying a lot of money for one meal with Warren Buffet (hundreds of thousands of dollars), which he found worth it.He and I know each other partly through a guest also in finance I did several episodes with, Whitney Tilson, though we emailed before we found Whitney in common.Regular listeners know a strategy of this podcast is to bring leaders from all areas to sustainability, which lacks leadership. I also look for people in fields that people who call themselves environmentalists often call the enemy. They talk about finance people as just looking for profit, not caring whom they hurt. I think they're presuming someone's intent based on what they see. I think psychologists call that presumption the fundamental attribution error.I don't agree with them. I think everyone has deep, intrinsic motivations on stewardship, but you have to listen more than project onto them to learn it. When it comes out, if you enable them to act on it, they may find the action inspiring and meaningful, and want to do more. I think you'll hear that happen with Guy.I found his book, The Education of a Value Investor, an engaging read that shows the opposite of him caring only about money or profit. I can't wait for our second episode.Guy's home page Hosted on Acast. See acast.com/privacy for more information.