Podknife - TIP613: Stock Market Basics & Financial Independence w/ Clay Finck & Kyle Grieve by We Study Billionaires

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TIP613: Stock Market Basics & Financial Independence w/ Clay Finck & Kyle Grieve

Podcast |: We Study Billionaires - The Investors Podcast
Publisher |: Wondery
Media Type |: audio
Podknife tags |: Books,; Business,; Interview,; Investing,; Management & Marketing
Categories Via RSS |: Business,; Education,; Investing
Publication Date |: Mar 08, 2024
Episode Duration |: 01:28:03

Description
Content Encoded

On today’s episode, Clay Finck and Kyle Grieve share why they are so passionate about investing in stocks and why they utilize the stock market to help them achieve financial independence. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:41 - How real-life examples of compounding have influenced Clay & Kyle 11:33 - How the stock market has compounded in the US since the 1950s. 20:50 - Why Clay and Kyle set the financial goal of becoming financially independent. 28:42 - Why Kyle chose to utilize the stock market as his tool to achieving financial independence. 36:44 - How an investor knows when they are ready to start investing in individual companies. 41:24 - How to quickly disqualify an investment. 43:44 - The best metric to filter on business quality. 72:27 - The edge that individual investors can have in picking stocks. 81:03 - Our favorite investing books. 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. Books mentioned: The Millionaire Next Door, 100 Baggers, The Psychology of Money, The Simple Path to Wealth, The Joys of Compounding, What I Learned About Investing From Darwin, Richer, Wiser, Happier, Invested, The Most Important Thing, The Warren Buffett Portfolio Check out Finchat. Episode Mentioned: TIP602: Same as Ever w/ Morgan Housel | YouTube Video. Related Episode: TIP604: Best Quality Idea Q1 2024 w/ Clay Finck & Kyle Grieve | YouTube Video. Learn more about the Berkshire Summit by clicking here or emailing Clay at clay@theinvestorspodcast.com. Follow Kyle on Twitter and LinkedIn. Follow Clay 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 Toyota Sun Life AFR The Bitcoin Way AT&T Sound Advisory Industrious Range Rover iFlex Stretch Studios Meyka Yahoo! Finance Vacasa Briggs & Riley Public American Express USPS Shopify 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! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

On today’s episode, Clay Finck and Kyle Grieve share why they are so passionate about investing in stocks and why they utilize the stock market to help them achieve financial independence.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

02:41 - How real-life examples of compounding have influenced Clay & Kyle

11:33 - How the stock market has compounded in the US since the 1950s.

20:50 - Why Clay and Kyle set the financial goal of becoming financially independent.

28:42 - Why Kyle chose to utilize the stock market as his tool to achieving financial independence.

36:44 - How an investor knows when they are ready to start investing in individual companies.

41:24 - How to quickly disqualify an investment.

43:44 - The best metric to filter on business quality.

72:27 - The edge that individual investors can have in picking stocks.

81:03 - Our favorite investing books.

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.
Books mentioned: The Millionaire Next Door, 100 Baggers, The Psychology of Money, The Simple Path to Wealth, The Joys of Compounding, m3wHuxZy2h6M.VSekzCnmvnQlEIN-7ZoG-dRmkxfatAVsrdP9AkFpvTk&dib_tag=se&keywords=what+i+learned+about+investing+from+darwin&qid=1709517233&sprefix=what+I+learned+abou%2Caps%2C152&sr=8-1&linkCode=ll1&tag=tipnetwork-20&linkId=36e2a8ef4b9fb413ef9e07fe13715fd5&language=en_US&ref_=as_li_ss_tl">What I Learned About Investing From Darwin, Richer, Wiser, Happier, XwIvBlbjyIqLuPQn-D8VccF-az92Gs-LjiDsmMHQL-vYtfntNiCDoKVCkCcFaa7fTyhFcw3b5dhpVzusKYzHiwiMmYoXcjGFe3gwOSgw888TseiZsf0YFotXn4ZoR-IMWW0OfnAPMHuQMBDgpUK9agAMrZyvEuxcCbP6cfQhfLgdVj8CJUydXU.MEvpHBkbmxgNQFaZo4otZ-mkR3lPrPSyertecc-FeKU&dib_tag=se&keywords=invested&qid=1709576716&sprefix=invested%2Caps%2C134&sr=8-1&linkCode=ll1&tag=tipnetwork-20&linkId=afac67ee80fe996c8130f8df889349a3&language=en_US&ref_=as_li_ss_tl">Invested, The Most Important Thing, The Warren Buffett Portfolio
Check out Finchat.
Episode Mentioned: TIP602: Same as Ever w/ Morgan Housel | YouTube Video.
Related Episode: TIP604: Best Quality Idea Q1 2024 w/ Clay Finck & Kyle Grieve | YouTube Video.
Learn more about the Berkshire Summit by clicking here or emailing Clay at clay@theinvestorspodcast.com.
Follow Kyle on Twitter and LinkedIn.
Follow Clay 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:

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!

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

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