This month on Unfiltered Coffee, I share more about the machinery behind both the podcast and the investing practice — the 200-some episodes, the 2 decades of client relationships, the daily habits, and the things that simply take time and can't be rebuilt in a day, even if you wanted to.
I share the idea of decision and choice fatigue: how templating the small stuff (the shoes, the shirt, the quarterly letter format) frees up mental capacity for the decisions that actually matter, and how consistency is the quiet, unglamorous compounding force behind almost everything worth building. I also talk about cultivating an ownership mindset with clients — wanting them to see their portfolio not as a list of tickers, but as part ownership in a handful of businesses worth understanding and holding.
I also revisit a few books with fresh eyes: Scott Stillman's I Don't Want to Grow Up on the nonlinear relationship between money and lifestyle, David Schwartz's Thinking Big on belief as the foundation of getting help from the world, and John Kay's Obliquity on why profit, happiness, and most worthwhile goals are only ever reached indirectly.
A paper from Steve Shaw and Gideon Nave on AI and "cognitive surrender" gets me thinking about the difference between reciting knowledge and actually understanding it — a distinction I trace back to a classmate from high school who could quote a textbook verbatim but didn't understand it. On the market side, I push back gently on the all-time-high headlines — you'll see why.
I close with a personal story about an early client, and a round-up of recent conversations worth revisiting: Paul Johnson on Roger Murray and fundamental investing, Marion Fogli on the triple taboo of money, Robert Miles on 25 years of Berkshire CEO character studies, and a rebroadcast recommendation of the Jay Hughes episode on courage over knowledge. I end on an open question I'm still sitting with: can a gift ever really be unconditional? Listen, why the answer matters.
Tune in to hear more.Podcast Program – Disclosure Statement
Blue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm’s employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.
