Episode #3: The Money Blueprint – Part 3 – Three Strategies for Handling Money, The Defensive Investor and My Investing Heroes (Warren Buffett, Charlie Munger, Benjamin Graham & John Templeton

What I’d like to do today is talk about the basics.

If you’re a defensive investor or a conservative person and you don’t want to spend a lot of time on investing, follow this outline and you’ll be fine.

With the bigger understanding that things do fluctuate, you have to stay with it so compounding can work for you.

If you organize your life in a certain way and then run it, anyone could do this.

We also learned from the story about the handful of rice that saving and investing is an attitude. It’s not a function of how much you have, it’s what you do with what you have.

Then I’d like to discuss my professors and my heroes.

It’s important to me to recognize the influential people in my life and the books that we can read from the eminent dead. It’s all there for us to learn from. That’s a fantastic way to learn. I’ve been blessed with a remarkable set of teachers. I want to share that.

Then begin talking about value investing, which is the big picture. That’s what my life’s been about, the great treasure hunt.

I’ll touch on what are the three most important lessons I’ve learned.

Then for the rest of this series, we can roll out all kinds of stories and examples and particulars, interesting insights that if you’re a defensive investor you don’t need to know. You can do fine with out it. But if you’re an entrepreneurial investor, that’s where it gets fun.

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