How to Win the Investment Game w/ Bryan Lawrence (RWH044)

William Green chats with Bryan Lawrence, a highly successful hedge fund manager who runs an investment firm called Oakcliff Capital. Bryan almost never gives interviews, so this is a rare opportunity to hear him speak in depth about the advantages of a concentrated value strategy, how he finds new investments, what 6 questions he asks when analyzing any stock, what he’s learned from Buffett & Munger, and how to build a happy life.

IN THIS EPISODE, YOU’LL LEARN
00:00:00 - Intro
00:03:22 - What Bryan Lawrence learned from his hugely successful father.
00:21:50 - What Charlie Munger taught Bryan. 
00:33:31 - How Shelby Cullom Davis turned $200,000 into $800 million.
00:40:13 - How Bryan has consciously built an investing edge.
00:44:47 - What he learned from meeting Warren Buffett.
00:49:00 - Why Bryan looks for three specific characteristics in any business.
00:54:39 - How to beat the market by making infrequent bets. 
01:02:45 - Why he’s obsessed with identifying where he’s wrong.
01:14:33 - How he searches for new investment ideas.
01:19:21 - How he structures his day.
01:27:38 - How to think rationally about fossil fuels & climate change.
01:57:32 - How to build a happy life & great relationships.

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▶️ RELATED EPISODES:
Stock Investing Masterclass w/ Bryan Lawrence:    • Stock Investing Masterclass w/ Bryan ...  
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📖  BOOKS MENTIONED:
Poor Charlie’s Almanack by Charlie Munger: https://amzn.to/3Jx7YNf
Undo It by Dean Ornish & Anne Ornish: https://amzn.to/3Qdhglp
Influence by Robert Cialdini: https://amzn.to/3JtLHA5
The Consolations of Philosophy by Alain De Botton: https://amzn.to/3QgpbOU
Difficult Conversations by Douglas Stone, Bruce Patton, & Sheila Heen: https://amzn.to/3JDUC1D
The Davis Dynasty by John Rothchild: https://amzn.to/3UaFKg9
How the World Really Works by Vaclav Smil: https://amzn.to/3WcApaY
Sustainable Energy Without the Hot Air by David Mackay: https://amzn.to/3Wciy3G
Getting There by Gillian Zoe Segal: https://amzn.to/3W8euld

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ABOUT OUR SHOW 🎙 
On Richer, Wiser, Happier, William Green interviews high-profile guests such as Howard Marks, Joel Greenblatt, and Ray Dalio. Exploring what they can teach us about how to succeed in markets and life.

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