Dec 30, 2020
Investing Lessons from Warren Buffett to the Great Literary
Detectiv
Episode #443. Robert G. Hagstrom, CFA, senior portfolio
manager at EquityCompass and author of the New York Times
bestseller "The Warren Buffett Way," discusses his writing process,
managing high active share portfolios, and hiring and firing
portfolio managers.
Episode transcript:
http://static.3playmedia.com/p/files/5524640/threeplay_transcripts/16479796?format_id=46&project_id=18442&format=pdf
Topics discussed:
• 2:23 – How did you into the money management world?
• 3:33 – Writing career
• 6:13 – The writing process
• 7:31 – A few highlights from the new book
• 9:05 – What can investors learn from great literary
detectives?
• 10:41 – The challenges of managing high active share
portfolios
• 13:51 – How can investors who are selecting active equity
manager maximize their odds for success?
• 16:21 – How do you ensure that each day you become smarter
and what roll does creativity play in your process?
• 18:32: - Books that you find yourself returning to or
recommending?
• 20:33 – Luck vs. skill
• 23:40 – What do you think separates the best from the
average investor?
• 24:30 – Wrap up questions
Related articles and links:
Enterprising Investor, Liberal Arts Investing:
https://blogs.cfainstitute.org/investor/2019/10/10/robert-g-hagstrom-cfa-on-liberal-arts-investing/
Enterprising Investor, Hiring and Firing Portfolio Managers:
Process and Outcomes:
https://blogs.cfainstitute.org/investor/2019/01/16/hiring-and-firing-portfolio-managers-process-and-outcomes/
Pre-order Warren Buffet: Inside the Ultimate Money Mind on
Amazon:
https://www.amazon.com/Warren-Buffett-Inside-Ultimate-Money/dp/1119714591/ref=sr_1_1?dchild=1&qid=1611600866&refinements=p_27%3ARobert+Hagstrom&s=books&sr=1-1
CFA Institute members and charterholders Professional Learning
Tracker https://cpd.cfainstitute.org/
____
► Subscribe to the Take 15 Channel Here
https://www.youtube.com/channel/UCA3HUMuK4FSp_CvQH_2Ji7g
►Email us for comments, questions, or appearance
requests:Take15podcast@cfainstitute.org
____
Find Lauren here:
LinkedIn:
https://www.linkedin.com/in/lauren-foster/
Twitter: https://twitter.com/laurenfosternyc
Find Robert here:
LinkedIn:
https://www.linkedin.com/in/roberthagstrom