Richer, Wiser, Happier

How the World's Greatest Investors Win in Markets and Life

By: William Green

Narrated by: Raphael Corkhill

“One of the best investing books ever written.” —Charlie Munger

From an award-winning financial journalist, a fresh and insightful book that draws on interviews with more than forty of the world’s super-investors to demonstrate that the keys to building wealth also apply to everyday life.

Billionaire investors. If we think of them, it’s with a mixture of awe and suspicion. Clearly, they possess a kind of genius—the proverbial Midas Touch. But are the skills they possess transferable? And do they have anything to teach us besides making money.

In Richer, Wiser, Happier, William Green draws on interviews that he’s conducted over twenty-five years with many of the world’s greatest investors. As he discovered, their talents extend well beyond the financial realm. The most successful investors are mavericks and iconoclasts who question conventional wisdom and profit vastly from their ability to think more rationally, rigorously, and objectively. They are master game players who consciously maximize their odds of long-term success in markets and life, while also minimizing any risk of catastrophe. They draw powerful insights from many different fields, are remarkably intuitive about trends, practice fanatical discipline, and have developed a high tolerance for pain. As Green explains, the best investors can teach us not only how to become rich, but how to improve the way we think, reach decisions, assess risk, avoid costly errors, build resilience, and turn uncertainty to our advantage.

Green ushers us into the lives of more than forty super-investors, visiting them in their offices, homes, and even their places of worship—all to share what they have to teach us. From Sir John Templeton to Charlie Munger, Jack Bogle to Ed Thorp, Will Danoff to Mohnish Pabrai, Joel Greenblatt to Howard Marks, Green explains how they think and why they win.

Profound, practical, and “unexpectedly illuminating” (Peter Diamandis), Richer, Wiser, Happier provides “many nuggets of wisdom” (The Washington Post) that will enrich you both financially and personally.

Old School But Not Outdated

I have not completed the book yet but I can tell you this is great advice all the way around. Whether you choose to "concentrate" or "diversify" your holdings there is one consistent message, "stay the course". Don't chase returns. Don't worry about minute-minute changes. Embrace inevitable change. Whether you choose to find your own stocks or stick with indexing the solution to successful investing is quite simple; make informed investments and stick with them. Capitalize on sell offs and don't chase run ups. If the next guy makes more than you for a year or two then good for him\her. The highest return isn't always the best return over the long run. Most importantly, don't "trade" your "investments".

An in depth interview on some of the greatest in investing

Simply one of the best business books ever written and narrated. Raphael Corkhill narration makes the book worth listening than reading.

Amazing!

So much knowledge is packed in this book no summary can do it justice. Do not pass go on this life changing book.

Filled with great knowledge

This was such a great listen that I went and bought the book. So many lessons to take away from each person interviewed that the audio book clips would not help me find each part.

Great compilation of investors insights.

Overall very good book covering some of my favorite investors and people. I really enjoyed the parts focusing on being happier and wiser. The ending section is definitely my favorite part.