26 November YIS Live with legendary investor Guy Spier By: YIS | Category: Event

YIS Interview w_ Guy Spier – Dec 2016

One of the highlights from 2016 was having the opportunity to interview renowned value investor Guy Spier on YIS Live.  Phenomenal high school students at Pennsbury High School in Pennsylvania led the interview.  Attached is the transcript of the awesome event!

Some of our favorite quotes from Guy:

“YOU KNOW, YOU ARE THE FIRST GROUP OF HIGH SCHOOL STUDENTS THAT I HAVE EVER SPOKEN TO ABOUT INVESTING!”

“THE GOOD LONG TERM INVESTMENT STRATEGY IS NOT TO MAKE MONEY OF PEOPLE, BUT TO MAKE MONEY WITH PEOPLE.”

“ONE SHOULD SEE ONE’S LIFE AND ONE’S CAREER AS NOT HOW MUCH MONEY CAN I MAKE AND HOW DO I MAKE IT. BUT HOW DO I BECOME THE MASTER OF MY OWN DESTINY AND WHAT DO I NEED TO DO IN ORDER TO MAKE THE MOST OF IT!”

“INVEST IN PEOPLE. INVEST IN RELATIONSHIPS. BEFORE YOU BECOME AN INVESTOR IN MONEY, YOU SHOULD BECOME AN INVESTOR IN YOUR OWN ENVIRONMENT”

“IT WAS JUST A MOST PROFOUND LESSON IN HOW WARREN BUFFETT TAKES THE IDEA OF DELIVERING VALUE.”

“THIS MAY SOUND SHOCKING, BUT I AM NOT TRYING TO BE THE BEST INVESTOR THAT I CAN BE. I AM TRYING TO BE THE GUY SPIER THAT I CAN BE.”

“LITERALLY, IT’S GOING AND SAYING WHAT ARE THE ATTRIBUTES OF THE COMPANY AT THE TIME THE INVESTMENT WAS MADE THAT I COULD HAVE IDENTIFIED WERE WARNING LIGHTS.”

Watch the full interview

https://www.youtube.com/watch?v=93btVjW4rMw