Enterprising Investor

Investing Lessons from Warren Buffett to the Great Literary Detectives


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Investing Lessons from Warren Buffett to the Great Literary Detectiv Episode #443. Robert G. Hagstrom, CFA, senior portfolio manager at EquityCompass and author of the New York Times bestseller "The Warren Buffett Way," discusses his writing process, managing high active share portfolios, and hiring and firing portfolio managers.   Episode transcript: http://static.3playmedia.com/p/files/5524640/threeplay_transcripts/16479796?format_id=46&project_id=18442&format=pdf    Topics discussed: • 2:23 – How did you into the money management world? • 3:33 – Writing career • 6:13 – The writing process  • 7:31 – A few highlights from the new book  • 9:05 – What can investors learn from great literary detectives? • 10:41 – The challenges of managing high active share portfolios  • 13:51 – How can investors who are selecting active equity manager maximize their odds for success? • 16:21 – How do you ensure that each day you become smarter and what roll does creativity play in your process? • 18:32: - Books that you find yourself returning to or recommending? • 20:33 – Luck vs. skill • 23:40 – What do you think separates the best from the average investor? • 24:30 – Wrap up questions   Related articles and links: Enterprising Investor, Liberal Arts Investing: https://blogs.cfainstitute.org/investor/2019/10/10/robert-g-hagstrom-cfa-on-liberal-arts-investing/  Enterprising Investor, Hiring and Firing Portfolio Managers: Process and Outcomes: https://blogs.cfainstitute.org/investor/2019/01/16/hiring-and-firing-portfolio-managers-process-and-outcomes/  Pre-order Warren Buffet: Inside the Ultimate Money Mind on Amazon: https://www.amazon.com/Warren-Buffett-Inside-Ultimate-Money/dp/1119714591/ref=sr_1_1?dchild=1&qid=1611600866&refinements=p_27%3ARobert+Hagstrom&s=books&sr=1-1 CFA Institute members and charterholders Professional Learning Tracker https://cpd.cfainstitute.org/      ____     ► Subscribe to the Take 15 Channel Here https://www.youtube.com/channel/UCA3HUMuK4FSp_CvQH_2Ji7g    ►Email us for comments, questions, or appearance requests:[email protected]   ____   Find Lauren here:   LinkedIn: https://www.linkedin.com/in/lauren-foster/    Twitter: https://twitter.com/laurenfosternyc   Find Robert here:   LinkedIn: https://www.linkedin.com/in/roberthagstrom    Twitter: https://twitter.com/robertghagstrom?lang=en 
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Enterprising InvestorBy CFA Institute

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