contrarian investing

Kyle talks to Lauren Templeton about the many investing and life lessons she learned from investing legend Sir John Templeton, how she sets up her daily life to stay disciplined and avoid biases, how to utilize the scientific method for investing purposes, how we can use lessons from history to improve our decision making today, the importance of utilizing multiple evaluation tools to find great investments, sectors that are facing maximal pessimism today that might be the winners of tomorrow, and much, much more! IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 05:56 - Why we should combat “home bias”. 05:56 - Why high savings rates are so important for new opportunities. 05:56 - How savings rates have changed with the times. 05:56 - The hurdles you need to overcome for investing in Japan. 12:06 - The importance of looking at unpopular sectors. 12:24 - What Sir John Templeton thought about quality. 12:24 - Why maximum optimism is a risky place to deploy capital. 12:24 - How Sir John Templeton offset value traps using his strategy. 12:24 - Why you should use multiple evaluation tools in your analysis. 17:38 - How Lauren created her life to stay disciplined. 17:38 - The strengths of lowering how reactive you are. 17:38 - The importance of living a disciplined lifestyle to improve yourself. 21:18 - How to utilize the scientific method in investing. 27:01 - How Lauren has decreased the effects of FOMO. 27:01 - The importance of removing yourself from the crowd. 29:54 - How Lauren has used inversion to help her investing strategy. 34:22 - Why you should look at sectors with bad outlooks. 34:22 - How Lauren fights confirmation bias. 43:10 - How Lauren’s investing strategy has altered given the current macro backdrop. 47:07 - The importance of alignment between your daily life and investing philosophy. 47:07 - How Sir John Templeton tinkered with his portfolio while staying true to his core philosophy. 49:11 - Why you should understand maximum pessimism and how it creates opportunities. 49:11 - The historical returns in small caps after having the valuation gap we are seeing today. 49:11 - Why Lauren thinks China is showing maximum pessimism based on her observations at ValueX. 49:11 - Why Lauren sees an opportunity in small caps right now. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Buy Lauren’s book, The Templeton Way here. Listen to Lauren’s podcast, Investing The Templeton Way here. Subscribe to her newsletter, the Maximum Pessimism Report here. Learn more about the Berkshire Summit by clicking here or emailing Clay at clay@theinvestorspodcast.com. Follow Kyle on Twitter and LinkedIn. Check out all the books mentioned and discussed in our podcast episodes here. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Fidelity NetSuite Toyota TurboTax Wise NerdWallet Linkedin Marketing Solutions Babbel Shopify Fundrise Vacasa HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Learn more about your ad choices. Visit megaphone.fm/adchoices

2nd Week of December 2022

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Topics Covered

0:00 Intro

5:43MARKET
5:50 BTC Price
6:10 ETH
6:25 ETH/BTC
7:45 Total Crypto Market Cap
8:10 Jim Cramer Urges Investors to Exit Crypto
https://www.cnbc.com/2022/12/05/jim-cramer-urges-investors-to-exit-crypto-its-never-too-late-too-sell.html 
10:30 8% of Americans Have Positive View of Crypto
https://www.cnbc.com/amp/2022/12/07/just-8percent-of-americans-have-a-positive-view-of-cryptocurrencies-now-cnbc-survey-finds.html 
11:51 Record Discount
https://twitter.com/tier10k/status/1600866841366519808 
13:15 COIN at Lows
https://imgur.com/VTPMqV0 
15:00 Token Bible
16:15 The Stablecoin Bull Thesis
19:30 Last 30 Days $3.4B Moved Off Exchanges
https://twitter.com/WClementeIII/status/1600225887986647040 
20:23 Price & Dev Activity
Cosmos https://twitter.com/tokenterminal/status/1600812061663330305 
ETH https://twitter.com/tokenterminal/status/1600889990439133184 

25:00 Coinbase vs. Apple
Coinbase Wallet vs. Apple—bad apple
https://twitter.com/CoinbaseWallet/status/1598354819735031809 

31:55 Genesis Owes $900M to Gemini Customers
https://www.theblock.co/post/191928/genesis-owes-900-million-to-gemini-customers-financial-times 
32:50 Genesis Resolution May Take Weeks
https://www.theblock.co/post/192946/genesis-says-plan-to-resolve-lending-units-woes-could-take-weeks 

33:30 SBF Cont.
33:35 Nic Carter
https://twitter.com/nic__carter/status/1600213106965086210 
33:11 SBF & Maxine Waters WTF
https://twitter.com/RepMaxineWaters/status/1598693811252875264 
39:05 Meme
https://twitter.com/owocki/status/1599877959975772160 
39:30 Forensic Investigators are on the Case
https://www.coindesk.com/business/2022/12/08/ftx-bankruptcy-managers-hire-forensic-investigators-alixpartners-wsj/ 
40:09 Taylor Swift Denies SBF
https://www.ft.com/content/2b0601e2-d371-404d-8531-  227f11d4a83f  
https://twitter.com/RyanSAdams/status/1600616288757358598 
43:10 Kevin O’Leary Got Paid $15M to Shill
https://twitter.com/GRDecter/status/1600858962555179010 
44:55 Investigation into the SEC as to how they missed FTX
https://twitter.com/AlexanderGrieve/status/1600492078852603916 

48:00 ETH
48:05 Shanghai HF discussion in March
https://www.coindesk.com/tech/2022/12/08/ethereum-developers-target-march-2023-for-release-of-staked-ether/ 

50:35 Long Tail Contagion
50:40 Orthogonal Trading and Maple Finance
https://www.coindesk.com/markets/2022/12/05/crypto-markets-today-ftx-fallout-hits-maple-finance-bitcoin-declines/ 
https://www.theblock.co/post/192097/maple-finance-default-orthogonal-trading 
53:15 Nexus Mutual Hit with $3M Exposure
https://decrypt.co/116510/nexus-mutual-hit-with-3m-in-ethereum-exposure-to-orthogonal-trading-default 

55:10 Gitcoin and Unicef!
https://go.gitcoin.co/blog/gitcoin-unicef-qf-collaboration-pilot 
56:35 Aztec @ 50k ETH Shielded
https://twitter.com/aztecnetwork/status/1599882747660509184 

59:12 NFTs
59:15 Toys R Us Launching Digital Collectibles
https://twitter.com/ToysRUs/status/1598364984127414273 
1:00:00 Reddit Collectibles Minting Hit ATH
https://www.theblock.co/post/191984/reddit-digital-collectible-minting-hits-all-time-high 
1:00:50 Cockpunch Trailer & Launch
https://podcasts.apple.com/us/podcast/c%C3%B8ckpunch/id1657210471 
https://opensea.io/collection/cockpunch 
1:02:30 Bankless Collectibles
https://collectibles.bankless.com/ 
1:03:55 Tax Loss Harverstooooor
https://nftlossharvestooor.com/ 

1:06:35 Policy
1:06:40 a16z Taps Former CFTC Commissioner to Run Washington Efforts
https://twitter.com/CoinDesk/status/1600082693127020544 
1:07:20 Nexo to Depart U.S.
https://www.coindesk.com/policy/2022/12/05/nexo-to-depart-us-after-regulator-discussions-hit-dead-end/ 

1:09:25 ChatGPT
https://twitter.com/AltcoinPsycho/status/1598742302050357248 
https://twitter.com/GRDecter/status/1599804597090279424 
https://pbs.twimg.com/media/FjY033HXwAAbj3E 

1:16:25 Releases
1:16:27 New Ledger Just Dropped
https://shop.ledger.com/pages/ledger-stax 
1:18:20 PleasrDAO Auction House 
https://pleasr.house/ 

1:19:25 JOBS
https://pallet.xyz/list/bankless/jobs 

1:22:11 Questions from the Nation
https://twitter.com/yogofubi/status/1600561157794062336 
https://twitter.com/nextalphaa/status/1600583036176896029 

1:29:30 TAKES
1:29:35 Enabling Halal Alt-L1s
https://twitter.com/JimmyRagosa/status/1599712746374713344 
1:33:44 Alfalfa Leak -Vitalik
https://twitter.com/vitalikbuterin/status/1599780254616547331 

1:34:40 What Are We Bullish On?

1:40:55 MEME of the Week
https://twitter.com/WrongNebula/status/1598832120675213312 

1:42:34 Closing & Disclosures  

Billionaire investor, author and co-founder of Oaktree Capital Howard Marks discusses risk assessment, how to think different than the crowd, and the three mighty dares that separate the successful from the also-rans.

 

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