•  

RWH024: Wealth, Wisdom, & Happiness w/ Tom Gayner


In this episode, William Green chats with Tom Gayner, one of the great long-term investors of our time. Tom is the CEO of the Markel Corporation, a global financial holding company, where he oversees about 20,000 employees. Here, he shares his time-tested advice on how to achieve enduring success in business & investing while also building a happy & fulfilling personal life.


IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

03:38 - How Tom Gayner made a fortune by setting up a retirement account at age 14.

10:59 - What he learned from his grandmother about the glory of long-term compounding.

16:29 - How to succeed through steady, persistent progress over long periods of time.

30:00 - Why humor, fun, & joyfulness are central aspects of Tom’s approach to work.

35:15 - Why it’s so helpful to set down your thoughts, principles, & values in writing.

38:33 - Why we should bet on companies that do things “for” their customers, not “to” them.

41:17 - What Charlie Munger teaches about the secret of success.

47:52 - How to flourish in business & life by compounding relationships built on trust & love. 

1:00:46 - How Berkshire Hathaway embodies everything Tom looks for in a business.

1:09:08 - What we can learn about investing from the comedian Jerry Seinfeld.

1:12:17 - How Tom approaches the challenge of appraising a person’s talent & integrity.

1:13:23 - Why he prefers to aim for satisfaction, not optimization.

1:26:39 - Why you should never check your luggage when you travel.


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

  • Have peace of mind knowing River holds Bitcoin in multi-sig cold storage with 100% full reserves.
  • If you’re aware you need to improve your bitcoin security but have been putting it off, Unchained Capital's Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.
  • Easily diversify beyond stocks and bonds, and build wealth through streamlined CRE investing with EquityMultiple.
  • Get the professional support you need to prepare for your future career with UBC Sauder School of Business.
  • What does happen when money and big feelings mix? Tune in to find out on the new podcast, Open Money, presented by Servus Credit Union.
  • Set, track, and manage your financial goals as your life evolves with Scotia Smart Investor.
  • Make connections, gain knowledge, and uplift your governance CV by becoming a member of the AICD today.
  • Let an expert do your taxes from start to finish so you can relax with TurboTax.
  • Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.
  • Have Commonwealth Private's Private Bankers take the time to understand your goals and tailor solutions that create less for you to do and more for you to enjoy.
  • Support our free podcast by supporting our 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.


No comments yet...
Log in to comment
0 0 0
2024-03-22

Weekly Roundup 03/22/24 (SEC v Debtbox, ETH security drama, Blackrock’s BUIDL token) (EP.512)

Matt and Nic are back for another week of news and deals. In this episode: Nic’s Columbia scandal S…
0 0 0
2024-03-18

Jeff Lunglhofer on Cybersecurity at Coinbase (EP.511)

Jeff Lunglhofer, the Chief Information Security Officer at Coinbase joins the show. In this episode …
0 0 0
2024-03-15

Weekly Roundup 03/15/24 (CSW is not Satoshi, Nigeria v Binance, Traeger and Bitcoin) (EP.510)

Matt and Nic are back for another week of ATHs. In this episode: ETH’s Dencun upgrade goes live Is …
0 0 0
2024-03-08

Weekly Roundup 03/08/24 (New ATH, Katie Porter out, ETH Denver reflections) (EP.509)

Nic and Matt return for a week of blockbuster price action and new ATHs. In this episode:  ETF flow…
0 0 0
2024-03-01

Weekly Roundup 03/01/24 (DOE order stayed, Bitcoin renaissance, SBFs autism plea) (EP.508)

Matt and Nic are back for another week of news and deals. In this episode: Funding rates in crypto …
0 0 0
2024-02-28

Guy Young (Ethena) on the Past and Future of Crypto Interest Rates (EP.507)

Guy Young, the founder of Ethena, rejoins the show to give us an update on Ethena and to discuss the…

We Study Billionaires - The Investor’s Podcast Network

We interview and study famous financial billionaires, including Warren Buffett, Ray Dalio, and Howar…

Log in to Follow

More episodes from We Study Billionaires - The Investor’s Podcast Network

Top Podcasts Top rated Podcasts