A Soulful Journey to Stellar Returns w/ Nima Shayegh (RWH064)

Video Description

In this episode, William Green chats with Nima Shayegh, a remarkably thoughtful hedge fund manager who runs a firm called Rumi Partners. Here, Nima speaks in depth about his legendary mentor, Lou Simpson, who was hailed by Warren Buffett as “one of the investment greats.” Nima shares what he learned from Lou & from his own investment experience about how to achieve superb returns by detaching ourselves from market noise & focusing on more essential truths. What you'll learn here: 00:00:00 – Intro 00:06:56 – How Nima Shayegh came to see investing as the ultimate intellectual adventure 00:10:57 – Why investors must go beyond numbers to grasp deep truths about businesses 00:17:26 – What riding in a Tesla taught him about the awesome experience of quality 00:22:02 – Why investors should harness intuition & emotions but avoid ego 00:35:03 – How to succeed by owning resilient businesses & ignoring macro forecasts 00:39:44 – What qualities made Nima’s mentor, Lou Simpson, an investing legend 00:49:55 – How Lou taught Nima to avoid noise, distractions & the lure of a flashy office 00:59:50 – Why Nima’s portfolio is dominated by stocks like AppFolio & Brookfield 01:16:10 – What he learned from having dinner with Charlie Munger 01:33:06 – Why we should surrender to uncertainty & welcome volatility 01:41:11 – What investors can learn from surfers about the value of self-reliance 01:44:06 – Why he named his investment firm after a 13th-century Sufi mystic Transcript & Guest Info: https://www.theinvestorspodcast.com/richer-wiser-happier/a-soulful-path-to-stellar-returns-w-nima-shayegh/ 🤝 Network with like-minded value investors and get new stock ideas by joining the TIP Mastermind Community. https://www.theinvestorspodcast.com/mastermind/ 💎 Explore a new business weekly and decide if it deserves a spot in your portfolio. https://www.theinvestorspodcast.com/intrinsic-value-podcast/ ▶️ Related Episodes: - Avoid Disaster w/ Superinvestor Howard Marks: https://youtu.be/hmHk_lqv_6s - The Power of Elite Compounders: Why High Valuations Don't Matter: https://youtu.be/GHdTa9dKR1c - Why the Best Investments Are Often Hiding in Plain Sight w/ Shawn O'Malley: https://youtu.be/CWkxoisTwfY 📖 Books Mentioned: - Concentrated Investing by Allen Benello, Michael van Biema, Tobias Carlisle: https://amzn.to/49cAZKO - Small is Beautiful by E.F. Schumacher: https://amzn.to/4s3RDVz - A Guide for the Perplexed by E.F. Schumacher: https://amzn.to/4s7RTTb - The Ultimate Rumi Collection by Jalal ad-Din Muhammad ar-Rumi: https://amzn.to/4ar8ds3 - Barbarian Days by William Finnegan: https://amzn.to/3LdKm4G - Richer, Wiser, Happier by William Green: https://amzn.to/4s9bIK2 Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP Visit our website: https://www.theinvestorspodcast.com/richer-wiser-happier/ Free PDF: Investing for Beginners: 4 Principles of Stock-Picking: https://www.theinvestorspodcast.com/subscribe-youtube/ ⚠️ Disclaimer: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting. #NimaShayegh #RicherWiserHappier #ValueInvesting #LongTermInvesting #InvestingPsychology