On today’s episode, Clay Finck continues his review of Gautam Baid’s book, The Joys of Compounding.
Gautam Baid is the Managing Partner and Fund Manager of Stellar Wealth Partners India Fund, a Delaware-based investment partnership which is available to accredited investors in the US. The fund is modeled after the Buffett Partnership fee structure and invests in listed Indian equities with a long-term, fundamental, and value-oriented approach.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
02:11 - The virtues of philanthropy and good karma.
06:24 - How we can simplify both our investments and our life.
14:45 - The importance of achieving financial independence.
21:42 - How Charlie Munger achieved financial independence.
26:28 - Why the key to success is delayed gratification.
29:20 - How we can properly assess a management team.
56:03 - The importance of using an investment checklist to avoid common mistakes.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Check out The Joys of Compounding.
- Tune into our previous episode covering The Joys of Compounding. Watch the video here.
- Check out our recent episode covering Mark Leonard's Letter's and Constellation Software. Watch the video here.
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