How To Succeed In Business, Investing, & Life w/ Tom Gayner (RWH024)

William Green interviews Tom Gayner, a long-term investor, about his early investment experiences, including setting up an IRA at age 14 and the lessons he learned from his grandmother's investment strategy of holding onto successful stocks like Lockheed Martin and Pepsi. Gayner discusses the importance of patient compounding, tax deferral, and the influence of his upbringing on his investment mindset. He emphasizes the value of endurance, dependability, and maintaining a sense of humor in investing and life. Gayner also shares his investment philosophy, highlighting the four filters he uses to evaluate businesses, with Berkshire Hathaway as a prime example. The conversation touches on the significance of integrity, trust, and building a network of supportive relationships in achieving long-term success, as well as balancing work and personal life.