During his recent interview with Richard Hsu, Guy Spier explains how Warren Buffett’s is constantly updating his investing models. Here’s an excerpt from the interview: Spier: Because there’s a lot of problems that go away when you have permanent capital. I think that the story of my investing career has … Read More
Guy Spier: Investors Can Take Out Stupidity Insurance To Protect Their Portfolio
During his recent interview with Excess Returns, Guy Spier explained how investors can take out stupidity insurance to protect their portfolio. Here’s an excerpt from the interview: Spier: It’s trying to figure out how do I decide my circle of competence in such a way that I rule out those … Read More
Guy Spier: What Warren Buffett Taught To Me About Managing Debt
During his recent interview on the RWH Podcast, Guy Spier discussed what Warren Buffett taught him about managing debt. Here’s an excerpt from the interview: Spier: The only reason why I might not have been caught up this time is that I did enough of those other things. And before … Read More
Mohnish Pabrai: Auction Driven Markets Really Are A Gift To Investors
During his recent interview with Guy Spier at the Helvetian Investment Club, Mohnish Pabrai explained why auction driven markets are really a gift to investors. Here’s an excerpt from the interview: Pabrai: So basically in a negotiated transaction you have a intelligent buyer, most of the time you have an … Read More
Guy Spier: Placing Right-Sized Bets
In his recent interview on the Investing With Tom Podcast, Guy Spier discussed placing right-sized bets. Here’s an excerpt from the interview: Spier: Well the investment that we make obviously we make the investment hoping it’s going to be a multi-bagger but we don’t know, we can’t predict. So we … Read More
Guy Spier: Unlearning And Relearning From Warren Buffett
In his latest interview on The Investors Podcast, Guy Spier discusses unlearning and relearning from Warren Buffett. Here’s an excerpt from the interview: Spier: I am going to the Berkshire meeting, and there’s this wonderful investor who’s extraordinarily wealthy I suspect at this point, who lives on an island in … Read More
Guy Spier: Munger Sees What Others Cannot
In his latest interview on the What Got You There Podcast, Guy Spier explains why he would like to sit down with Charlie Munger. Here’s an excerpt from the interview Spier: I would love to sit down with Charlie Munger. I think that he’s got an extraordinary mind. At the … Read More
Guy Spier: Why I Continue To Own Berkshire Hathaway
In an interview earlier this year with The Omaha YouTube Channel, Guy Spier discussed why he continues to own Berkshire Hathaway. Here’s an excerpt from the interview: Spier: In the case of Berkshire Hathaway you’ve got to assume that the day you buy it Warren Buffett is no longer around. … Read More
Guy Spier: Value Investing Will Never Die
In his recent interview with Kiana Danial, Guy Spier discusses why value investing, or as he puts it, intelligent investing, will never die. Here’s an excerpt from the interview: Spier: Value investing is not dead. Intelligent investing is not dead. To just go into it in a little bit more … Read More
Guy Spier: Top 10 Holdings (Q1 2020)
One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time … Read More
Guy Spier: Top 10 Holdings
One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time … Read More
Guy Spier: You Want To Set Up Your Investing Strategy So That You Never Have To Be Smart
Here’s a great interview with Guy Spier on Value TV where he discusses his idea generation process and investing strategy. Here’s an excerpt from the interview: Host: Hello Guy. Welcome back to our interview. This time we want to talk about process. So let’s start with the beginning. Where do … Read More
Guy Spier: What Lunch With Warren Buffett Taught Me About Investing And Life
Here’s a great article by Guy Spier at MarketWatch in which he discusses what his lunch with Warren Buffett taught him about investing and life. Here’s an excerpt from that article: It’s been 10 years since I and my friend, investor Mohnish Pabrai, won the annual Glide Foundation charity auction … Read More
Here’s How Successful Investors Dampen Down Their Investing ‘Cocaine Brain’ – Pabrai, Spier
As investors we all know the excitement we feel when we come across what we think is an undervalued opportunity that seems to have been overlooked by most other investors. The feeling of exhilaration that we get is called “cocaine brain.” Neuroscientists have found that the prospect of making money stimulates the … Read More
Great Investors Create Their Own Version Of Omaha – Buffett, Munger, Klarman, Pabrai
One of the biggest problems facing investors is the amount of ‘noise’ that we get from the financial media and commentators. Financial news sections, the internet, and podcasts are continually bombarding us with the latest ‘hot stock’ or miracle investing strategy. Meanwhile investors get caught up in the noise checking … Read More
Mohnish Pabrai Office Tour and Conversation with Guy Spier
Not all Superinvestors work out of multi-storey complexes as you can see from this Mohnish Pabrai office tour by Guy Spier in Irvine, California. And, as far as I know, not too many take a nap in the afternoon but Pabrai has a bedroom at his office where he takes … Read More
Guy Spier on Mohnish Pabrai and ‘That’ Meeting With Warren Buffett
One of our favorite investors here at The Acquirer’s Multiple is Guy Spier. Spier is the founder and managing partner of Aquamarine Capital, an investment partnership styled after the original 1950’s Buffett partnerships. In 2008 he, along with Mohnish Pabrai, had lunch with Warren Buffett after submitting the winning bid … Read More