Jeremy Deal is the founder of JDP Capital Management. JDP is a private partnership that makes investments in public stocks where the quality and durability of future earnings power is not reflected in the price. The fund's goal is to buy and hold a handful of businesses that can survive and thrive over long periods of time.

Today, my guest shares his unique investing journey. Although he is a professional investor, he had never worked at an investment firm before launching his own private partnership. Jeremy tells me about the importance of independent thinking and the right environment to work in. We talk about the benefits of being an outsider. Stay tuned until the end, when my guest shares an anecdote and a lesson about investing as an emotional game and explains what it takes to develop and keep your conviction behind investment ideas. Last but not least, we discuss the value of having a community, a network of like-minded yet very different individuals in your professional life.

Guido Alfani is a Professor of Economic History at Bocconi University, Milan (Italy). He is also an Affiliated Scholar at the Stone Center on Socio-Economic Inequality (New York) and a Research Fellow of the Center for Economic Policy Research (CEPR, London). In the last fifteen years, Guido has focused his research on economic inequality in the long run of history and on the history of major pandemics (often combining the two topics). His most recent book, published by Princeton University Press, is dedicated to the rich, the very rich, and the super-rich, and it is entitled As Gods among Men. A History of the Rich in the West.

My guest today is Ken Honda, the best-selling author of a beautiful book — Happy Money

At just 29 years old, Ken made an unexpected decision: he stepped away from a successful career in consulting and accounting to immerse himself in the joys of fatherhood fully. But it wasn't long before a chance encounter in the park ignited a spark within him.

My guest today is the author of “Hidden Genius,” The Secret Ways of Thinking that Power the World’s Most Successful People, Polina Marinova Pompliano. She is the founder of The Profile, a media organization that studies successful people and companies.

Previously, she spent five years at FORTUNE where she covered technology and venture capital.

As the author and editor of Term Sheet, FORTUNE’s industry-leading dealmaking newsletter, Polina interviewed the industry’s most influential dealmakers, including Melinda Gates, Steve Schwarzman, Richard Branson, and more.

Devin Martin is the founder of the executive life coaching company LifeStyle Integrity. His purpose is to bring wisdom to power. His passion is helping leaders make life-altering decisions.

Because of his core belief that the fate of both humanity and the planet hinges on the decisions that our leaders make, he has since dedicated his career to raising the consciousness of those whose decisions have the biggest impact. His work is rooted in the belief that capitalism, done well, can be a force for good in the world. As an executive life coach, he is able to support leaders through both personal and professional development.

Gautam Baid, CFA is the Managing Partner of Stellar Wealth Partners India Fund. He invests in listed Indian equities with a long-term, fundamental, and value-oriented approach.

Gautam is the author of the international best-seller on value investing, The Joys of Compounding. In 2018 and 2019, he was profiled in Morningstar’s Learn from the Masters series. This is Gautam’s second appearance on Talking Billions.

Today’s guests — Eddie Palmgren and Niklas Sävås are passionate about learning and investing. They are the hosts of Investing by the Books podcast and work at Redeye, an investment bank in Stockholm, Sweden. It’s a wide-ranging rich discussion from inheritance to immortality and everything in between.

Today, they both share with me not only their childhood stories but also family histories that shed light on their curiosity about money and investing. You know how interested I am in family fortunes, and my guests have stories to tell.

My guest today is Dan Haylett (the host of the #1 Retirement Podcast in the UK). Dan’s ‘pull back the duvet every morning’ purpose is to help his clients spend their time and money on what’s truly important.

His passion for understanding and learning about the emotional, behavioral, and financial challenges of life after work makes him a true specialist in helping clients have the freedom and confidence to take advantage of their ‘window of spending opportunity’ and live their best lives.

Thomas Chua writes, hosts a podcast, and runs a stock research service. He is the founder of SteadyCompounding, where he writes about lessons from super investors, stock analysis, and market insights.

Compounding is a fascinating concept—so simple yet so hard to embrace. I recently spoke about it with Pieter Slegers from Compound Quality and Gautam Baid, the author of The Joys of Compounding. Both have been guests on Talking Billions.

My guest today is Pieter Slegers, the founder of the world-famous and hugely successful Compounding Quality Newsletter. Pieter and I missed each at the last year’s Berkshire meeting, but connected soon after. It was Gautam Baid (the author of Joys of Compounding) who in Omaha told me I should chat with Pieter. We had a few wonderful calls since then and met in person at Guy Spier’s VALUEx in Klosters soon after this recording.

Money is a difficult topic, so when I meet someone who can make it easier, I can’t wait to have them on the show. Rachael is a Certified Financial Planner and owner and founder of Camp Wealth, a financial planning firm for high-earners and entrepreneurs. She graduated from Indiana University Kelley School of Business with a degree in Finance, and spent her entire career in financial services. She created Camp Wealth when she realized financial advisors weren’t providing the service that Solopreneurs and High-earners really need.

Christian and I were at the same investor event in Zurich last summer, John Mihaljevic’s MOI Global. A couple of mutual friends told me I needed to have Christian on the show, and he was kind enough to say yes, and we sat down, and chatted for over an hour.

Christian Billinger has invested in European equities for close to 20 years, first as an analyst for GAM, Gartmore, and Cheyne Capital based in London and more recently for his own investment company, Billinger Forvaltning.

Vishal Khandelwal is the founder of Safal Niveshak, an investor education initiative. He is an independent analyst and financial writer. He says that he spends 75% of his waking time reading. He is the author of The Sketchbook of Wisdom, A Hand-Crafted Manual on the Pursuit of Wealth and Good Life. I highly recommend it; it’s a beautiful book packed with the wisdom of the ages, from Lord Krishna to Socrates, Charlie Munger, and Warren Buffett. He also published Mental Models, Investing and You, which covers ideas from various disciplines, from psychology, economics, business, and mathematics to literature, statistics, and more.

Jordan Olmscheid is a successful small business owner and the editor of the Wealth Letters, a collection of letters written by people from all walks of life. The idea was to tap into the wisdom of the crowd and distill wisdom from the life and business experiences of others. Jordan was kind enough to include me in his project, and we’ve had some wonderful conversations since.

Matt is a Managing Director and Private Wealth Advisor at Sunpointe Investments. He helps clients create, align, and manage their financial plans and investment strategies.

Matt’s talent-turned-skill is engaging people on their level. In his words, "Finance may be complex, but it doesn’t have to be complicated.”

David McRaney is a science journalist with a deep interest in brains, minds, and culture. He is the creator of the blog, book, and podcast "You Are Not So Smart," which was initiated to understand self-delusion and motivated reasoning. His journey, however, began with diverse experiences, including construction work, selling leather coats, and owning two pet stores.

Jakob and Tobias Schober have been called the youngest portfolio managers in Europe; they are two out of five brothers. They grew up around business and investing and started earlier than most. I had the pleasure of spending some quality time with them in Zurich last summer. They shared with me stories that I knew belonged on Talking Billions, including a transition from running a family business to managing a portfolio of investments and beyond. It was one of those conversations that truly stayed with me, and I feel very blessed and fortunate to be able to continue our discussion here today.

Cayden Chang is a Singapore-based Value Investor with over 20 years of experience; he says that he spent a third of it making all the foolish mistakes that anyone has ever made and the other 2/3 building a family investment fund. He is the founder of the Value Investing Academy, where he hosts guest speakers, among them Lauren Templeton and Todd Finkle, both of whom have been earlier guests on Talking Billions. Cayden also built an endowment fund with Singapore Management University (SMU) to give away the returns to students who are financially challenged. He is a Campaign Ambassador With National Cancer Centre of Singapore to help raise $150 million for the next 5 years.

What a wonderful way to kick off the New Year with Algy Hall. Happy New Year, all my dear listeners; so grateful to see you here with my guests in a brand new year.

Today, it’s one of those conversation that put a big smile on my face. Algy writes about investing but is also an author and illustrator of children’s books; we have some laughs about very serious and less serious matters.

What can we learn about investing from Gary's childhood gold ring story, a gentleman thief, Bonsai tree, and Charlie Munger. Gary Mishuris, CFA, is the Managing Partner and Chief Investment Officer of Silver Ring Value Partners, an investment firm that seeks to apply its intrinsic value approach to safely compound capital over the long term. He also teaches the Value Investing Seminar at the F.W. Olin Graduate School of Business.