TIP059-stephen-covey

Executive Summary

 

In this episode Preston and Stig explain how they now look at the current market conditions after the best month for stocks in 4 years. Preston and Stig will also be talking about their favorite book recommendation for students and potential business leaders: 7 Habits of Highly Effective People that have sold more than 25 million copies. If you want to read our executive summary of, this book, view this page instead. If you would like to download all of our book summaries, click here.
In this episode, you’ll learn:

  • Why Preston, Stig, and Vanguard Founder Jack Bogle think the expected return in the stock market is 4%
  • Why the historic stock market rally in October 2015 doesn’t change Preston and Stig’s fundamental opinion about the market
  • A brief discussion of each of the 7 habits of highly effective people
  • Which of the 7 habits that is the most important

Books and resources mentioned in this episode

Stephen Covey’s book, The 7 Habits of Highly Effective People – Read reviews of this book

Our Value Investing Forum, WarrenBuffettForum.com


Videos that Support this Podcast

Stephen Covey


Download any Audio Book on Amazon.com for Free

  download-free-bookA lot of people ask us how we have time to read so many books. The truth is… we don’t! We listen to audiobooks. The beauty of audio books is you can knock-out two things at the same time. For example, driving, standing in line for your glamour shots at the mall, or just doing the dishes. All joking aside, reading a book every two weeks is probably the most profound element to our success in business. That's why we have worked hard with Amazon.com to get an exciting deal lined up for all the Investor's Podcast listeners. If you click on our exclusive link to Amazon's Audibles, you can download any free audio book straight onto your smartphone! If you don't like the service within 30 days, keep the free book and cancel the service. Amazon's Audibles has the largest listing of audio books in the world with over 180,000 titles. I personally use Audibles because it has the cheapest prices, the best reliability, and the largest selection of titles (You pick the books through Amazon.com). Making a commitment to read a new book each month is hands-down the most important investment you can make. - Preston & Stig

Download Preston and Stig's Free Checklist

Download Preston & Stig's free stock investing checklist. Their checklist was developed after spending countless hours studying billionaires like, Warren Buffett, Carl Icahn, and Ray Dalio. With their checklist, you can find safe picks that protect and grow your principal. Additionally, Preston & Stig read a lot of books and write executive summaries for each book they finish. If you download their checklist, you will be added to their monthly e-mail list where they send their book summaries. There are never any advertisements...ever. Here's an example of one of their executive summaries, based on the book written by Billionaire Charlies Koch.