Episode · Invest Like the Best · 2016-11-08

Patrick O'Shaughnessy & Brent Beshore: books mentioned on Invest Like the Best #10

Brent Beshore – Cultivating a Disaster Resistant, Compound Interest Machine - [Invest Like the Best, EP.10]

7 books · With Brent Beshore · Listen

This week’s guest is Brent Beshore, Founder and CEO of adventur.es, a family of companies that invests in family-owned companies. Brent has a very specific mission with this company, to cultivate a disaster resistant, compound interest machine.

Brent Beshore recommended Poor Charlie's Almanack by Peter D. Kaufman, Mistakes Were Made (but Not by Me) by Carol Tavris, and The (Honest) Truth about Dishonesty by Dan Ariely, and discussed Bible. Patrick O'Shaughnessy recommended The Fish That Ate the Whale by Rich Cohen, Scientific Advertising by Claude Hopkins, and The Robert Collier Letter Book by Robert Collier.

Books mentioned, in the order they came up

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  1. Poor Charlie's Almanack

    Peter D. Kaufman · at 13:02

    Poor Charlie's Almanack by Peter D. Kaufman is a celebrated compilation of speeches, talks, and mental models from legendary investor and Berkshire Hathaway vice chairman Charlie Munger.

    Recommended
    “If you're going to be in the investing business, I'd say, you know, in terms of books that really helped shape what I was thinking, poor Charlie's Almanac, you know, what Peter Kaufman put together there was just, I mean, just spectacular, right?”
    Where to get it
  2. The Fish That Ate the Whale

    Rich Cohen · at 13:49

    The Fish That Ate the Whale by Rich Cohen is a captivating biography that chronicles the life of Samuel Zemurray, the ambitious immigrant who rose from humble beginnings to build a massive enterprise and become known as the banana king.

    Recommended
    “I'd highly recommend it. It's actually one of my favorite books that just, it's not a super long read, but you talk about a guy who immigrated from Russia, had nothing, hustled, hustled, hustled, had no capital base, had nothing to do except for just hustle.”
    Where to get it
  3. Mistakes Were Made (but Not by Me)

    Carol Tavris · at 15:55

    Mistakes Were Made (but Not by Me) by Carol Tavris is a prominent psychology book that explores the mechanisms of cognitive dissonance and self-deception.

    Recommended
    “Um, you know, I really like the book mistakes were made, but not by me, which may sound like an interesting investing recommendation, but it really talks about the psychology of self-deception.”
    Where to get it
  4. The (Honest) Truth about Dishonesty

    Dan Ariely · at 16:27

    The (Honest) Truth about Dishonesty by Dan Ariely is a behavioral economics book that investigates why ordinary people frequently lie and cheat, and how psychological rationalizations influence ethical behavior.

    Recommended
    “It's had a, it's had a big impact on the way I think about things kind of like Dan Ariely's book about dishonesty. That's another, another really interesting one to just really hold the mirror up about who we really are, I guess would be a way to say it.”
    Where to get it
  5. Scientific Advertising

    Claude Hopkins · at 45:06

    Scientific Advertising by Claude Hopkins is a classic marketing and direct-response text that outlines foundational principles for accountable, measurable advertising campaigns.

    Recommended
    “Did you ever read either Robert Collier's letter book or scientific advertising? I wrote scientific advertising. Yeah. Yeah. It's, it's the, uh, it's kind of a fun, weird sub, sub, sub genre of books about how to write direct mail ads, which sounds like no one would want to read it.”
    Where to get it
  6. The Robert Collier Letter Book

    Robert Collier · at 45:06

    The Robert Collier Letter Book by Robert Collier is a classic copywriting and direct-marketing guide that compiles successful sales letters and explains the psychological principles behind effective written persuasion.

    Recommended
    “Did you ever read either Robert Collier's letter book or scientific advertising? I wrote scientific advertising. Yeah. Yeah. It's, it's the, uh, it's kind of a fun, weird sub, sub, sub genre of books about how to write direct mail ads, which sounds like no one would want to read it.”
    Where to get it
  7. Bible

    Bible · at 1:31:07

    The Bible is a foundational anthology of sacred texts shaping Judeo-Christian theology, ethics, and Western civilization through its accounts of history, law, poetry, and prophecy.

    Discussed
    “for me, uh, you know, a lot of knowledge is found in the Bible and my, you know, prayer life's important to me. Uh, that's something that, you know, I've really, um, you know, has been a blossoming for me”
    Where to get it