Episode 332

MI199: Cloning Warren Buffett and Charlie Munger w/ Chris Franco

Clay Finck chats with Chris Franco about the lessons he has learned from studying Warren Buffett and Charlie Munger. They discuss how he thinks about constructing a portfolio, what makes a company a bad business, how Warren Buffett’s definition of risk differs from academia, what makes Costco such a great business, how Warren Buffett and Charlie Munger’s investment strategies differ, and so much more!

The Intrinsic Value Podcast - The Investor’s Podcast Network

July 26, 20221h 2m

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Show Notes

IN THIS EPISODE, YOU’LL LEARN:

02:00 - What led Chris into being so passionate about studying Warren Buffett and Charlie Munger.
08:45 - Why Chris chooses to allocate most of his portfolio to index funds.
17:18 - Why Chris typically avoids investing in more mature companies.
23:20 - How Warren Buffett’s definition of risk differs from that of the academics.
29:14 - What makes Costco such a great business.
36:21 - The opportunities for growth that Costco will be pursuing.
55:22 - How Warren Buffett and Charlie Munger’s investment strategies differ.
And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Check out Chris’ Podcast and YouTube Channel.
Check out Chris’ Instagram accounts - Charlie Munger Quotes and Warren Buffett Videos.

SPONSORS

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Connect with Clay: Twitter

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