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I talk to Guy Spier, founder and investment manager at Aquamarine Capital, and author of The Education of a Value Investor, which is one of the best books I have read about someone’s personal journey in life, business, and investing. In this episode, we talk about Guy's ideas of finding your North Star, compounding goodwill, the immense power of reciprocity, and much more. To know more about this initiative, check out https://www.vishalkhandelwal.com/ To know more about my book - The Sketchbook of Wisdom - which Morgan Housel calls "a masterpiece," please visit - https://book.safalniveshak.com/ Subscribe to The One Percent Show on - Spotify - https://open.spotify.com/show/1iLAoxJ... Google Podcasts - https://podcasts.google.com/feed/aHR0... Apple Podcasts - https://podcasts.apple.com/us/podcast... Amazon Music - https://music.amazon.in/podcasts/d09a... 0:00 Pushing towards your North Star 2:11 Introduction 4:36 Guy's evolution over the years 10:20 Playing the 'inner game' of investing and life 18:23 Biggest challenges faced along the way 38:26 Why did Guy become a value investor 56:49 How writing thank you notes has changed Guy's life 1:19:27 The powerful idea of compounding goodwill 1:36:46 Lessons from Warren Buffett 1:48:24 Lessons from Mohnish Pabrai Book Recommendations - 1. The Education of a Value Investor - https://amzn.to/3Hf938R 2. What It Takes: Lessons in the Pursuit of Excellence - By Stephen A. Schwarzman - https://amzn.to/3Inb9EY