TIP755: My Process for Finding Great Investments w/ Kyle Grieve

You're listening to TIP. Since 2020, my portfolio has generated an annualized return of 18.7% compared to 17.8% for the S and P 500 over the same time frame. But what matters even more than the performance is just that I have developed a consistent, repeatable philosophy that I believe will allow me to compound capital at attractive rates for many, many years and decades to come. And that process continues to evolve and improve over time. In today's episode, I'm gonna share exactly how I invest. I'm not just gonna focus on the highlights, I'm also gonna pull back the curtains on some of my biggest failures. I'll start with a painful lesson from my early days as a pure speculator and how those experiences ultimately pushed me to adopt a much more disciplined approach. From there, I'll explain the simple goals that guide my decisions, the pros and cons of aiming so high, and why I don't spend time worrying about benchmarks like the S and P 500. From there, we'll dive into the framework that I use today. I'll walk you through why I think like a business owner rather than a trader, the two distinct categories of investments that I focus on, and how I evaluate quality as a spectrum rather than as an absolute. You'll also hear why I place such importance on management integrity, the three main reasons that I sell a stock, and the methods that I use to help guard against dangerous biases. If you're an investor who wants to strengthen your mindset, sharpen your process for identifying winners, and build an environment that rewards patience rather than just, you know, constant activity, This episode will help give you the exact tools and perspectives to improve at that. Now, let's get into this week's episode on My Investing Philosophy. Since 2014 and through more than 180,000,000 downloads, we've studied the financial markets and read the books that influence self made billionaires the most. We keep you informed and prepared for the unexpected. Now for your host, Kyle Grieve. Welcome to The Investors Podcast. I'm your host, Kyle Grieve. And today, I'm gonna share my investing philosophy with you. I have had the opportunity to learn from some of the industry's top investors, whether that's chatting with incredible outperformers as guests on the show or sharing lessons from outperformers from some of the best investing books that have ever been written. I've had the fortunate opportunity to absorb just a ton of incredible information from many of the best investors to ever do it. To understand my investing philosophy today, I don't need to go too far back in time to explain some of the crucial mistakes that I've made and these mistakes have helped shaped me into the investor that I am today. My first risk asset was actually in cryptocurrencies and I won't get into crypto too much as my co host Preston Pysh knows more about crypto than I ever …