Chapter
Investing and Fitness Tips from Warren Buffet
22:21 - 28:39 (06:17)
Warren Buffet shares how he learned about common stock purchase warrants and his fitness routine of dumbbell squats and lunges with emphasis on alternating legs. He also discusses how his investing and fitness approach has evolved over time.
Clips
The hosts discuss how their approach to fitness has evolved with age and habits they've developed to maintain their health.
22:21 - 25:09 (02:47)
Summary
The hosts discuss how their approach to fitness has evolved with age and habits they've developed to maintain their health. One host shares their recent accomplishments of four underhand pull-ups and two overhand pull-ups.
ChapterInvesting and Fitness Tips from Warren Buffet
Episode#596: Edward O. Thorp, A Man For All Markets — Beating Blackjack and Roulette, Beating the Stock Market, Spotting Bernie Madoff Early, and Knowing When Enough is Enough
PodcastThe Tim Ferriss Show
The guest speaker shares how he got into finance and investing by making money through Blackjack and book royalties.
25:09 - 26:41 (01:31)
Summary
The guest speaker shares how he got into finance and investing by making money through Blackjack and book royalties. He talks about how he learned from his mistakes and spent time studying investing to figure out what to do with his newfound wealth.
ChapterInvesting and Fitness Tips from Warren Buffet
Episode#596: Edward O. Thorp, A Man For All Markets — Beating Blackjack and Roulette, Beating the Stock Market, Spotting Bernie Madoff Early, and Knowing When Enough is Enough
PodcastThe Tim Ferriss Show
Buying a cheap warrant and shorting the common stock against it is a way to profit from overpriced warrants.
26:40 - 28:39 (01:58)
Summary
Buying a cheap warrant and shorting the common stock against it is a way to profit from overpriced warrants. As the warrant's value collapses towards its conversion value, there is an excess return to be captured.