BiggerPockets Real Estate Podcast

646: Building Wealth Like Warren Buffett & Lessons Learned from Billionaires w/Trey Lockerbie


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Every investor has wondered how to invest like Warren Buffett. He’s arguably the best stock trader of all time—preaching the fundamentals of investing in equities, something that most modern-day investors seem to forget. We’re seeing the same thing in the real estate industry. With a runup of home prices and stock prices over the past two years, almost every investing strategy has worked. But, as prices begin to plummet, overconfident investors are starting to see the errors of their ways and that making money isn’t always easy. So in today’s risky environment, we have to ask: what would Warren (Buffett) do?

Someone who’s been asking that question for years is Trey Lockerbie. He’s co-host of We Study Billionaires, where he interviews some of the best and brightest investors on planet earth. Trey has lived an interesting life. He was a musician, went on the road for years, started a kombucha brand, and now reads everything he can on how to build billion-dollar businesses and billion-dollar wealth. With the aura of fear many of us are feeling in the investing space, Trey brings in some much-needed clarity on what investors should and shouldn’t be doing right now. And he got some of this advice directly from top stock investor himself, Warren Buffett.

While we do go deep into the coming opportunities for real estate investors, we also hear about how stock investing isn’t so different, and why the massive drop in cryptocurrency prices could be an opportunity for investors who are on the fence about blockchain. Regardless of what you invest in, how much you invest, or whether or not you’ve started investing, Trey can enlighten you on how to maximize the decision you’re about to make.

In This Episode We Cover:

Secret investing lessons learned at a dinner with Warren Buffett

Understanding the “human” element behind why markets rise and fall

Fear vs. greed and whether or not to buy in an overly pessimistic investing environment

Why Bitcoin is becoming more attractive to real estate investors even as its price drops

Inflation, money printing, and how the world’s debt works

How high will interest rates go and what investors should prepare for

Starting a business that can sell for millions (or billions) and how to get there

And So Much More!

Links from the Show

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

Get Your Ticket for BPCon 2022

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

Rob's BiggerPockets Profile

Rob's Youtube

Rob's Instagram

Rob's TikTok

Rob's Twitter

Listen to Our Past Episode with “We Study Billionaires” Host Stig Brodersen

Check Out Our Episode with Ed Mylett on Investing Opportunities in 2022

How I Hired Warren Buffett as My Real Estate Mentor

“We Study Billionaires” Podcast

Connect with Trey:

Trey on Twitter

Drink Some of Trey’s Superb Kombucha


Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-646

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

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