TIP617: Improve Your Investing Operating System w/ Vitaliy Katsenelson
We Study Billionaires - The Investor’s Podcast Network - A podcast by The Investor's Podcast Network
Kyle Grieve chats with Vitaliy Katsenelson about why we should align ourselves with what we love doing, how stoicism has helped Vitaliy deal with the volatility of negative emotions in the market and life, Vitaliy’s four favorite stoic tools, how to engineer our environments to improve our decision making and decrease costly mistakes, how we can utilize specific modes of communication to foster the learning process, why we should concern ourselves more with the truth and less on being right, how the markets have developed in the last decade pertaining to sideways markets, and a whole lot more! IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:04 - What soul in the game is and why it's so important to understand it if you want to truly excel at investing and other passions. 07:36 - Why meditation is such a powerful tool to help improve stress. 13:40 - How Vitaliy prioritizes areas of his life to ensure he's spending the right amount of time on high-priority areas. 19:13 - How stoicism has helped Vitaliy remove the volatility of negative emotion in the market and life. 20:13 - How investors can utilize the dichotomy of control to navigate volatile markets better. 20:13 - Simple negative visualizations to use on individual stocks and your portfolio to improve decision-making. 36:43 - Why toxic environments can influence us to live by other people's values. 40:30 - Why specific tasks should be delegated so you are focused only on creating value. 48:16 - Why our modes of communication can limit or expedite our abilities to improve and learn. 48:25 - The importance of discovering the truth for successful investing. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Buy Soul In The Game here. Buy The Little Book Of Sideways markets here. Read Vitaliy’s articles here. Check out Vitaliy’s fund, IMA, here. Learn more about the Berkshire Summit by clicking here or emailing Clay at [email protected]. Follow Kyle on Twitter and LinkedIn. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota CI Financial AT&T Yahoo! Finance Long Angle iFlex Stretch Studios Public American Express USPS NerdWallet HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm