Great Books Distilled: Summaries of Bestselling Business and Investing Books
Outlier Academy
84 episodes
5 days ago
Listen as we decode bestselling books across disciplines with their authors — distilling hours of reading into a short, definitive conversation. We break down the big ideas, how to apply them, and take you behind the scenes into the process of writing the book. Past guests include Yale professor Verlyn Klinkenborg (Several Short Sentences About Writing), polar explorer Erling Kagge (In Praise of Silence and Philosophy for Polar Explorers), survival expert Laurence Gonzales (Deep Survival), geopolitical expert Jacob Halberg (The Wires of Ware), 1-800-GOT-JUNK founder Brian Scudamore (WTF?! - Willing To Fail), and renowned investor Sir Ronald Cohen (IMPACT). Visit OutlierAcademy.com for episode notes, searchable transcripts, videos, and more.
Great Books Distilled is a mix of The Knowledge Project, Founders, Oprah's Book Club, and The Tim Ferriss Show.
All content for Great Books Distilled: Summaries of Bestselling Business and Investing Books is the property of Outlier Academy and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Listen as we decode bestselling books across disciplines with their authors — distilling hours of reading into a short, definitive conversation. We break down the big ideas, how to apply them, and take you behind the scenes into the process of writing the book. Past guests include Yale professor Verlyn Klinkenborg (Several Short Sentences About Writing), polar explorer Erling Kagge (In Praise of Silence and Philosophy for Polar Explorers), survival expert Laurence Gonzales (Deep Survival), geopolitical expert Jacob Halberg (The Wires of Ware), 1-800-GOT-JUNK founder Brian Scudamore (WTF?! - Willing To Fail), and renowned investor Sir Ronald Cohen (IMPACT). Visit OutlierAcademy.com for episode notes, searchable transcripts, videos, and more.
Great Books Distilled is a mix of The Knowledge Project, Founders, Oprah's Book Club, and The Tim Ferriss Show.
Trailer - "The Tao of Charlie Munger: Wisdom on Life, Business, and the Pursuit of Wealth" by David Clark
Great Books Distilled: Summaries of Bestselling Business and Investing Books
1 minute 24 seconds
1 year ago
Trailer - "The Tao of Charlie Munger: Wisdom on Life, Business, and the Pursuit of Wealth" by David Clark
In this conversation, Daniel Scrivner shares his favorite quotes and wisdom from Charlie Munger, the vice chairman of Berkshire Hathaway. The conversation covers various topics, including the power of incentives, the importance of learning from Munger, value investing and Benjamin Graham, eliminating mistakes, long-term investing, keeping cash, the fallibility of financial companies, recognizing reality, waiting and patience, maximizing variables in business, good businesses vs bad businesses, the success of Federal Express, the value of learning and admitting mistakes, avoiding extreme ideologies and trusting experts, the importance of context and individual solutions, the danger of over-specialization, deserved trust and utilizing missed chances, and seeing reality clearly and stating arguments.
Explore the episode notes.
Search and down a transcript and find links to related books, interviews, lectures, and more: outlieracademy.com/180.
Jump to any section of this episode.
(00:00) The Power of Incentives
(01:20) Learning from Charlie Munger
(02:14) Wisdom and Quotes from Charlie Munger
(03:08) Value Investing and Benjamin Graham
(04:29) The Importance of Eliminating Mistakes
(05:24) Long-Term Investing and Holding Period
(06:19) The Strategy of Keeping Cash
(07:18) The Fallibility of Financial Companies
(08:15) Recognizing Reality and Being Rational
(09:09) The Importance of Waiting and Patience
(10:22) Maximizing Variables in Business
(11:17) Good Businesses vs Bad Businesses
(12:10) Incentives and the Success of Federal Express
(13:09) The Value of Learning and Admitting Mistakes
(14:07) Avoiding Extreme Ideologies and Trusting Experts
(15:11) The Importance of Context and Individual Solutions
(16:31) The Danger of Over-Specialization
(17:28) Deserved Trust and Utilizing Missed Chances
(18:03) Seeing Reality Clearly and Stating Arguments
(19:02) Conclusion and Further Exploration
Watch and listen.
Watch this episode on YouTube
Find this episode in your favorite podcast app
Get new episodes delivered via email
Explore my full summary for the book featured this week.
The Tao of Charlie Munger: Wisdom on Life, Business, and the Pursuit of Wealth
For more, explore my full profile on Warren Buffett.
Who is Charlie Munger? Wit and Wisdom From The World’s Most Irreverent Billionaire
Brought to you by HVMN. With Ketone-IQ, fuel your best anytime with a boost of awesome-feeling energy and clarity. Unlock the power of nature's superfuel—no fasting or keto diet required.
Advertise with Outliers and reach our global community
Learn more about your ad choices. Visit megaphone.fm/adchoices
Great Books Distilled: Summaries of Bestselling Business and Investing Books
Listen as we decode bestselling books across disciplines with their authors — distilling hours of reading into a short, definitive conversation. We break down the big ideas, how to apply them, and take you behind the scenes into the process of writing the book. Past guests include Yale professor Verlyn Klinkenborg (Several Short Sentences About Writing), polar explorer Erling Kagge (In Praise of Silence and Philosophy for Polar Explorers), survival expert Laurence Gonzales (Deep Survival), geopolitical expert Jacob Halberg (The Wires of Ware), 1-800-GOT-JUNK founder Brian Scudamore (WTF?! - Willing To Fail), and renowned investor Sir Ronald Cohen (IMPACT). Visit OutlierAcademy.com for episode notes, searchable transcripts, videos, and more.
Great Books Distilled is a mix of The Knowledge Project, Founders, Oprah's Book Club, and The Tim Ferriss Show.
