Guy Spier


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Guy Spier

Goodreads Author


Born
in Pietermaritzburg, South Africa
Twitter

Member Since
August 2012


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Popular Answered Questions

Guy Spier Hi Gabriel,

Thanks for for the question.

I've thought long and hard about this. What would I have done if my choice had been an "either - or"?

On the on…more
Hi Gabriel,

Thanks for for the question.

I've thought long and hard about this. What would I have done if my choice had been an "either - or"?

On the one side, HBS + Oxford. On the other, Berkshire, Buffett and Munger.

To be honest, it's really hard. I certainly would have ended up financially richer, by taking the Buffett/Berkshire/Munger choice. But not necessarily happier or wiser.

Because there are an enormous number of things that we can gain from a broad education that are hard to gain elsewhere.

But the good news for us is that we don't have to choose. We can have both. In my life I got to have Oxford/Harvard + Buffett etc. And I am certain that at this point, they reinforce and enrich each-other. What I learned at Oxford and Harvard have made me a better student of Warren and Charlie, and similarly, Warren and Charlie have helped me to truly extract value out of my education.

And when it comes to the price of tuition, I would say that if there is any way we think we can afford it, we should go for it. Because education is one of those very uncertain, but ultimately low risk opportunities in life.

My view is that we need to pick up as many of those tickets as we possibly can.

But then again, you might be asking the wrong question: I teamed up with Mohnish Pabrai to pay $650k to have a three hour educational lunch with Warren Buffett..

I hope that this discussion is helpful.

Warmly,

Guy(less)
Guy Spier Hi Shreyas and thanks for a great question.

The short answer is that I don't know, and as you have read in my story, it certainly took me a long time …more
Hi Shreyas and thanks for a great question.

The short answer is that I don't know, and as you have read in my story, it certainly took me a long time to figure out just the basics.

But I think that you are way ahead of the game in comparison to me, because you have the right intention, which I did not have at the beginning. Other than that, it seems that the answer has to be to keep working at it. To keep learning and to keep applying what we have learned.

There is an ancient Jewish saying that would seem to be apt here:

"It is not incumbent upon you to complete the work, but neither are you at liberty to desist from it".

I hope that this helps.(less)
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More of Guy's books…
“People will always stop you doing the right thing if it’s unconventional.”
Guy Spier, The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment

“We like to think that we change our environment, but the truth is that it changes us. So we have to be extraordinarily careful to choose the right environment—to work with, and even socialize with, the right people. Ideally, we should stick close to people who are better than us so that we can become more like them.”
Guy Spier, The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment

“Books are a priceless source of wisdom. But people are the ultimate teachers, and there may be lessons that we can only learn from observing them or being in their presence.”
Guy Spier, The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment

Topics Mentioning This Author

topics posts views last activity  
The History Book ...: TRADING AND INVESTMENT STRATEGIES 26 103 Jul 04, 2020 01:58AM  
“You enter the forest
at the darkest point,
where there is no path.

Where there is a way or path,
it is someone else's path.

You are not on your own path.

If you follow someone else's way,
you are not going to realize
your potential.”
Joseph Campbell, The Hero's Journey: Joseph Campbell on His Life & Work

“If you want your children to be intelligent, read them fairy tales. If you want them to be more intelligent, read them more fairy tales.”
Albert Einstein

“Your days are numbered. Use them to throw open the windows of your soul to the sun. If you do not, the sun will soon set, and you with it.”
Marcus Aurelius, The Emperor's Handbook

“We shall go on to the end, we shall fight in France, we shall fight on the seas and oceans, we shall fight with growing confidence and growing strength in the air, we shall defend our Island, whatever the cost may be, we shall fight on the beaches, we shall fight on the landing grounds, we shall fight in the fields and in the streets, we shall fight in the hills; we shall never surrender, and even if, which I do not for a moment believe, this Island or a large part of it were subjugated and starving, then our Empire beyond the seas, armed and guarded by the British Fleet, would carry on the struggle, until, in God's good time, the New World, with all its power and might, steps forth to the rescue and the liberation of the old.”
Winston S. Churchill, The Second World War: Alone

“We shall not flag or fail. We shall go on to the end. We shall fight in France, we shall fight on the seas and oceans, we shall fight with growing confidence and growing strength in the air, we shall defend our island, whatever the cost may be, we shall fight on the beaches, we shall fight on the landing grounds, we shall fight in the fields and in the streets, we shall fight in the hills; we shall never surrender.”
Winston S. Churchill




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