In this episode of the Richer, Wiser, Happier Podcast, William Green interviews Bill Nygren, Chief Investment Officer at Harris Associates, about his investment journey, principles, and processes. Nygren discusses his early influences, the importance of value investing, and the evolution of his investment philosophy to include intangible assets. He emphasizes the significance of having a well-defined investment strategy, assessing management quality, and avoiding behavioral errors through processes like devil's advocate reviews. Nygren also shares insights on team building, handling market pressures, and the importance of giving back through philanthropy, highlighting his commitment to education and supporting disadvantaged youth.
