Investing Mastermind Podcast

Legendary investor Charlie Munger sadly passed away on Tuesday, November 28, 2023. On the Sunday before, Signe and Michelle recorded their reactions to Charlie Munger's investing advice that he shared with the Wall Street Journal in early November 2023. While we mourn the loss of Charlie, we also want to celebrate Charlie's incredible life and the wisdom he shared with the world. We discus...

We are thankful to our listeners in celebrating a whole year of the Investing Mastermind Podcast. We hope you've enjoyed the journey with us! We shared this Maya Angelou quote: “I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.” We also made reference to the following episodes: Berkshire Annual meeting expe...

Part 3 of our exciting conversation with Charlotte Janis, a granddaughter of legendary investor Benjamin Graham. Charlotte is the Creator/Writer at  ⁠⁠BeyondBenGraham.com/blog⁠⁠ /. Her grandfather Ben Graham is renowned as “the father of value investing” and the mentor of Warren Buffett. Last April (2023), Warren Buffett invited Charlotte to Omaha to go through his files and select documents to do...

Part 2 of our exciting conversation with Charlotte Janis, a granddaughter of legendary investor Benjamin Graham. Charlotte is the Creator/Writer at  ⁠⁠⁠BeyondBenGraham.com/blog⁠⁠⁠ /. Her grandfather Ben Graham is renowned as “the father of value investing” and the mentor of Warren Buffett. Last April (2023), Warren Buffett invited Charlotte to Omaha to go through his files and select documents to...

Charlotte Janis, a granddaughter of legendary investor Benjamin Graham, is the Creator/Writer at  BeyondBenGraham.com/blog /. Her grandfather Ben Graham is renowned as “the father of value investing” and the mentor of Warren Buffett. Last April (2023), Warren Buffett invited Charlotte to Omaha to go through his files and select documents to donate to an archive of  ⁠⁠⁠Benjamin Graham papers at Col...

We discovered an amazing blog about Benjamin Graham, the legendary investor whose protégé was Warren Buffett. This blog is written by Ben Graham's granddaughter! Signe and Michelle explain more about who Ben Graham was and our takeaways from reading the granddaughter's blog, which you can check out here: https://beyondbengraham.com/

Signe and I are working hard on preparing an amazing set of future episodes for you so we just wanted to give you this quick update. Please feel free to share your questions and feedback via our social media channels such as at https://www.instagram.com/investingmastermindpodcast. Thanks and see you next Tuesday!

Signe and Michelle share their brokerage account experiences to help educate listeners about how these brokerages facilitate stock investments and/or trading. We relate some of the benefits and pitfalls of certain brokerage providers. Michelle mentioned some of her YouTube videos on related subjects which may provide further educational value: "Best S&P 500 Index Funds And Exchange Traded...

Building on what we ended the previous episode, Signe and Michelle discuss exit strategies for when we may sell stocks or assets. Signe explained an exit strategy from an angel investor. Michelle recounts how she made a gut decision to sell a certain stock, and in the short term it may have been the wrong decision, but maybe in the long term her reallocated funds may support a different investment...

Many investors are wondering if it's better to invest during a bull market and/or a bear market. Signe and Michelle weigh in on this question with our thoughts and experiences. We refer to our investing checklist series that starts at episodes 8 through 12 and the checklist can be downloaded at https://investionista.com/checklist/ . Please forgive any audio issues you may hear. Enjoy!

Ever wondered if you are saving enough for your financial nest egg? Michelle and Signe share tips in how you can save up for retirement and optimize your tax savings. While these tips are for education purposes and are not financial advice, we believe in getting the most of retirement planning as early in life as possible. Michelle really likes Roth IRAs, HSAs, and Roth 401ks. Be sure to take adva...

There is so much free information online to help beginners find great companies to potentially invest in. Signe and Michelle share our favorite websites in the below show notes. We hope you'll join Signe’s webinar that is happening this Wednesday, September 20th 2023 at 2 pm ET / 8 pm Central Europe: https://investionista.com/webinar/ . Websites we talked about in this episode: Yahoo Finance -...

Would you believe that investing success has more to do with one's mindset rather than IQ or mathematical aptitude? One's investing temperament is key to how investing decisions get made. In this episode, Signe and Michelle discuss limiting beliefs, gratitude, and vision board. By practicing certain techniques, we can improve our investing approach and generate better results overall.

Is the American stock market overvalued or fairly priced? Signe and Michelle discuss two indicators to give investors a high level idea of where the market stands right now. One is the Buffett Indicator which is the Wilshire 5000 (total United States stock market) over US GDP ratio. Another is the Shiller PE which is the Price to Earnings ratio based on the average inflation-adjusted earnings of t...

Signe and Michelle discussed the rise of ghost kitchens, their benefits and drawbacks, and whether investors should consider studying this evolving restaurant innovation as a prospective investment opportunity.

Diversification may be thought of as "Di-worse-fication" according to legendary investors like Charlie Munger or Peter Lynch. We explain misconceptions with the popular financial advice to "diversify" your assets, but what does this really mean? People are not necessarily diversified enough within a country or asset types, so there are many factors to consider. The best investo...

In the prior episode we discussed our biggest beginner investing mistakes, and now we describe how to recover from these mistakes. Just because you may have "lost" money by investing in a certain security does not mean you have to make it back the same way. It's OK to make a mistake as long as we learn from them and try our best to not make them again! The important thing is to forgi...

Both Michelle and Signe have made plenty of beginner investing mistakes, so we're sharing those lessons learned along with ones we've observed others also make. While it's less emotionally and financially painful to learn vicariously from others' investing mistakes, sometimes we also need to experience our own mistakes in order to truly grow.

We're sharing our life-changing epiphanies about investing, reflecting on our financial journeys so far where we had some "ah ha" moments and extraordinary experiences. This is how we ended up where we are today as Warren Buffett-style investors. Signe and Michelle share their stories, so we hope you enjoy this episode!

Michelle and Signe discuss the types of stocks and assets we avoid investing in. Warren Buffett-style investors usually avoid Initial Public Offering (IPO) stocks because they just don't have much of a public company track record yet, in spite of Berkshire Hathaway investing in Snowflake recently. Another area we steer clear of are industries that are going through disruption, such as the paym...

Threads made its worldwide debut and is taking on Twitter. Signe and Michelle discuss how its name sounds like "threats," which we're guessing Meta Instagram did on purpose. We discuss Threads' impact on the stock market so far and factors investors should consider. Will Zuckerberg defeat Musk in this quest for "town square" app greatness?

In today's episode we discuss the very first steps we take before we invest in a company or its stock. Signe and Michelle have slightly different first steps we take. For example, Michelle will check out the stock price in a quick Google search while Signe will check financial numbers first like Return on Invested Capital (ROIC), Return on Equity (ROE), and debt. In addition, Signe has a tool...

Signe and Michelle discuss how to find stocks to put on our wish list, whether it is intended for buying or simply watching. There can be both a wish or a watch list depending on how much research we have conducted and whether we have made a final valuation decision on a given stock. We explain how you might come across companies of interest. During this episode we referred to a few prior episodes...

Many Big Tech Stocks have been going up alongside the rise of artificial intelligence (AI), but is it legit or just all hype? Is AI truly impacting business meaningfully, or is there more that remains to be proven? Signe and Michelle discuss AI's implications for investors. We also make reference to a previous episode, How To Find Out What Stocks Superinvestors Are Buying - 13F Equity Holdings...

Michelle and Signe discuss our favorite investing books for beginners that we highly recommend: -Invested, Danielle Town with Phil Town -The Dhandho Investor, Mohnish Pabrai -The Education of a Value Investor, Guy Spier -Payback Time, Phil Town In the show, we refer to the "Margin of Safety" Episode #11 you can check out: ⁠https://open.spotify.com/episode/2o3NR2CP233zIk8ahHo5X6?si=4qBb8P...