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Take 15 Podcast


The Take 15 Podcast Presented By CFA Institute is a popular audio interview series defined by illuminating, short conversations with noted economists, best-selling authors, leading researchers, and successful practitioners on topics ranging from geopolitics and cryptocurrencies to irrationality and outlooks.

Download now, listen later and reflect at length.

Show Host: Lauren Foster

Producer: Mitchell Forst 

Apr 28, 2021

Bestselling author Robert G. Hagstrom, CFA, senior portfolio manager at EquityCompass, takes listeners on a journey from the time he first heard Warren Buffett talk about a “money mind” to what he learned while researching and writing his latest book, “Warren Buffett: Inside the Ultimate Money Mind,” about the mindset and ideas that shaped the legendary investor’s investment methods.
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►Transcript: https://cfainst.is/3mZN6lA

►Email us for comments, questions, or appearance requests:Take15podcast@cfainstitute.org
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Topics discussed:
1:45 Intro
2:50 Robert talks about his new book, Warren Buffett: Inside the Ultimate Money Mind
3:55 Temperament and why it’s critical as an element of a money mind?
4:47 What is a money mind?
5:55 Building blocks to a money mind
9:41 How does the average investor emulate Warren Buffett and these building blocks?
11:13 Investing is easier than you think but harder than it looks – Is that temperament?
13:36 Robert’s favorite chapter
16:40 The “Woodstock for Capitalists” annual meeting and how many Robert has attended
18:50 What Robert will be listening for at this year’s meeting
20:05 Warren Buffett wrote that debt securities face a bleak future – do you agree?
22:12 The perennial question – who will succeed Warren Buffett as Chief Executive?
23:17 The relationship between Warren and Charlie
25:13 Cocktail nugget – One Thousand Ways to Make $1000 by FC Minaker
27:02 Penny scale
28:49 A cocktail nugget about Warren and Charlie
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Related articles and links:

Warren Buffett: Inside the Ultimate Money Mind
https://www.wiley.com/en-us/Warren+Buffett%3A+Inside+the+Ultimate+Money+Mind-p-9781119714590

The Warren Buffett Way
https://www.amazon.com/Warren-Buffett-Way-Robert-Hagstrom/dp/1118503252

One Thousand Ways to Make $1000
https://www.amazon.com/One-Thousand-Ways-Make-1000-ebook/dp/B0170AKILI/ref=sr_1_3?crid=2NTCHCZ4CVRLR&dchild=1&keywords=1000+way+to+make+1000+dollars&qid=1618843035&sprefix=1000+way+to+make+%2Cstripbooks%2C156&sr=8-3

CFA Institute members and charterholders Professional Learning Tracker https://cpd.cfainstitute.org/
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Find Robert here:
LinkedIn: https://www.linkedin.com/in/roberthagstrom
Twitter: https://twitter.com/robertghagstrom?lang=en

Find Lauren here:

LinkedIn: https://www.linkedin.com/in/lauren- foster/
Twitter: https://twitter.com/laurenfosternyc