Investing by the Books

We believe that a multidisciplinary approach is essential for every long-term investor. One of the most practical books we have found on the topic is “An Investment Thinking Toolbox”, by Daniel Sun Zhang, published in 2021. In this episode, we have the author on the show to discuss some of the 11 most important mental models for investors, the compounding machines called serial acquirers, and Zhan...

Michael Mauboussin is a thought-leader on decision-making, the role of complexity in markets, and most topics related to investing. His latest contribution to the investor community is the updated version of "Expectations Investing", published in 2021. To us, the book is a must-read and our conversation with Michael is both an introduction to the big concepts as well as an in-depth exploration int...

Erik Sprinchorn is one of Sweden's most successful investment managers. Our conversation centers around a book on self-justification and cognitive biases, vital concepts for every investor. Erik Sprinchorn is a portfolio manager at TIN Fonder, focusing on profitable growth companies within technology and innovation. For more info about the podcast, go to the episode page . ————————————— Episode Ch...

This episode features the eminent Professor Lawrence Cunningham and his book Quality Investing from 2016. What is his view on the topic today, how do you identify quality companies, and what enables them to outperform? Leading the conversation is Christian Billinger, investment manager of Billinger Förvaltning and part of Investing by the Books website. For full show notes and info about the podca...

In this episode, we invite a money manager to share insights from one of his favorite investing-related books. Our guest is the brilliant Henrik Andersson, manager of the Global Equity Fund at Didner & Gerge and a founding member of Investing by the Books. Henrik's choice is "The Essays of Warren Buffett" by Lawrence Cunningham, a classic piece with timeless wisdom for both junior and senior i...

Jeff Gramm is a hedge fund manager and the author of "Dear Chairman". In a fun and multifaceted conversation, we discuss the crucial but sometimes overlooked topic of corporate governance. We also talk about small cap growth investing, biases, and Jeff's investment strategy. For more info about the podcast, go to the episode page . ————————————— Episode Chapters (00:08) - Intro to Dear Chairman &a...

Heather Brilliant co-authored the book Why Moats Matter during her tenure at Morningstar. She is now CEO & President of Diamond Hill, an Ohio-based investment firm, where Krishna Mohanraj is an International Portfolio Manager. In the episode, these domain experts help us widen our intelligence of economic moats - a concept that truly matters when investing. For more info about the podcast, go...

In his book from 2021, William Green explores what we can learn from the world's most successful investors. The knowledge is timeless and not only about how to invest but also how to improve our thinking. Green has written for many leading publications in the US and Europe, including The New Yorker, Time, Fortune, Forbes, and The Economist. Leading the conversation is Henrik Andersson, fund manage...

Pete Davis is a commitment superfan and an American civic advocate. In a world of infinite browsing, Pete's book "Dedicated" (2021) provides an alternative - making voluntary commitments. In the episode, we talk about the fears and joys of commitment, lessons from long-haul heroes, and how the concept relates to business and investing. For more info about the podcast, go to the episode page . ————...

Allocating capital is one of management’s most important jobs. Still, many decisions are suboptimal for shareholders. Why is that? In this episode, Jake Taylor - author of The Rebel Allocator - shares valuable insights on capital allocation and investment strategy. We also talk about biases, pricing power, and how to use a multidisciplinary approach in life and investing. For more info about the p...

Sean Iddings has built a strong pattern recognition from studying many of the world’s most successful companies and leaders. In our premiere episode, Sean shares his experience of investing’s holy grail - buying and holding a 100 bagger stock. We also talk about how to be an intelligent fanatic, dealing with biases, and why insider ownership might be overvalued. For the full notes with links to me...

Get to know our hosts Eddie Palmgren and Niklas Sävås, what you can learn from the show, and who the first podcast guests are. This recording is an interview conducted by Lars T Andersson at Redeye Growth Day, June 2, 2021. Books mentioned: Intelligent Fanatics Project: How Great Leaders Build Sustainable Businesses (Sean Iddings, Ian Cassel) Intelligent Fanatics: Standing on the Shoulders of Gian...