Audiobook7 hours
The Philosophical Investor: Transforming Wisdom into Wealth
Written by Gary Carmell
Narrated by Brian Holsopple
Rating: 0 out of 5 stars
()
About this audiobook
Living in Southern California, Gary Carmell has become very familiar with tectonic shifts: cataclysmic changes in the earth’s crust that cause earthquakes and tsunamis.
Carmell has also experienced numerous tectonic shifts in the economic landscape in his nearly thirty-year investing career. Correctly anticipating economic trends has allowed his real estate investment and management firm, CWS Capital Partners LLC, to grow from assets of $250 million in the late 1980s to over $3 billion today.
CWS foresaw the collapse of manufactured housing in the late 1990s and anticipated a massive shift from homeownership to renting, prompting them to reposition aggressively for growth in apartment construction and management. Carmell feels special pride in the results his company’s delivers for its investors, as a result—long-term average annual returns exceed 13 percent—even during the Great Recession of 2007–2009.
Navigating turbulent economic markets and experiencing his two-year-old son’s near-fatal stroke has taught Carmell that real success requires not only financial acumen, but also deep reflection. He credits Shakespeare, Hume, and Schopenhauer as his mentors, with more modern sages like Buffett, Soros, and Munger also guiding his actions. In The Philosophical Investor: From Wisdom to Wealth, he shares the insights he has gained along the way in the hope of inspiring a new cadre of critical thinking investors.
Carmell has also experienced numerous tectonic shifts in the economic landscape in his nearly thirty-year investing career. Correctly anticipating economic trends has allowed his real estate investment and management firm, CWS Capital Partners LLC, to grow from assets of $250 million in the late 1980s to over $3 billion today.
CWS foresaw the collapse of manufactured housing in the late 1990s and anticipated a massive shift from homeownership to renting, prompting them to reposition aggressively for growth in apartment construction and management. Carmell feels special pride in the results his company’s delivers for its investors, as a result—long-term average annual returns exceed 13 percent—even during the Great Recession of 2007–2009.
Navigating turbulent economic markets and experiencing his two-year-old son’s near-fatal stroke has taught Carmell that real success requires not only financial acumen, but also deep reflection. He credits Shakespeare, Hume, and Schopenhauer as his mentors, with more modern sages like Buffett, Soros, and Munger also guiding his actions. In The Philosophical Investor: From Wisdom to Wealth, he shares the insights he has gained along the way in the hope of inspiring a new cadre of critical thinking investors.
Related to The Philosophical Investor
Related audiobooks
The Little Book of Market Myths: How to Profit by Avoiding the Investing Mistakes Everyone Else Makes Rating: 4 out of 5 stars4/5Odds On: The Making of an Evidence-Based Investor Rating: 4 out of 5 stars4/5The Devil's Financial Dictionary Rating: 4 out of 5 stars4/5Markets Never Forget (But People Do): How Your Memory is Costing You Money and Why This Time Isn't Different Rating: 4 out of 5 stars4/5The Uncertainty Solution: How to Invest with Confidence in the Face of the Unknown Rating: 5 out of 5 stars5/5Risk Parity: How to Invest for All Market Environments Rating: 5 out of 5 stars5/5Inside the House of Money, Revised and Updated: Top Hedge Fund Traders on Profiting in the Global Markets Rating: 4 out of 5 stars4/5The All Weather Trader Rating: 4 out of 5 stars4/5The Alchemy of Finance Rating: 4 out of 5 stars4/5Winning With The Market: Beat the Traders and Brokers in Good Times and Bad Rating: 4 out of 5 stars4/5Debunkery Rating: 5 out of 5 stars5/5So You Want to Start a Hedge Fund: Lessons for Managers and Allocators Rating: 4 out of 5 stars4/5The Little Book of Picking Top Stocks: How to Spot Hidden Gems Rating: 2 out of 5 stars2/5Ignore the Hype: Financial Strategies Beyond the Media-Driven Mayhem Rating: 0 out of 5 stars0 ratingsHow an Economy Grows and Why It Crashes: Collector's Edition Rating: 4 out of 5 stars4/5Behavioral Finance and Your Portfolio: A Navigation Guide for Building Wealth (2nd Edition) Rating: 4 out of 5 stars4/5The Aspirational Investor: Taming the Markets to Achieve Your Life's Goals Rating: 4 out of 5 stars4/5The Investor's Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between Rating: 4 out of 5 stars4/5Bullshift: How Optimism Bias Threatens Your Finances Rating: 5 out of 5 stars5/5The Value of Debt in Building Wealth: Creating Your Glide Path to a Healthy Financial L.I.F.E. Rating: 4 out of 5 stars4/5Trillion Dollar Economists: How Economists and Their Ideas have Transformed Business Rating: 4 out of 5 stars4/5All About Asset Allocation, Second Edition Rating: 4 out of 5 stars4/5Beat the Crowd: How You Can Out-Invest the Herd by Thinking Differently Rating: 4 out of 5 stars4/5The Elements of Investing Rating: 5 out of 5 stars5/5Juggling with Knives: Smart Investing in the Coming Age of Volatility Rating: 4 out of 5 stars4/5100 Minds That Made the Market Rating: 3 out of 5 stars3/5The Only Three Questions That Still Count: Investing By Knowing What Others Don't Rating: 5 out of 5 stars5/5
Personal Finance For You
The Total Money Makeover: A Proven Plan for Financial Fitness Rating: 5 out of 5 stars5/5Think and Grow Rich Rating: 5 out of 5 stars5/5Hustle Harder, Hustle Smarter Rating: 5 out of 5 stars5/5Rich Dad Poor Dad: What The Rich Teach Their Kids About Money - That the Poor and Middle Class Do Not! Rating: 5 out of 5 stars5/5Rich Dad's Guide to Investing: What the Rich Invest In, That the Poor and Middle Class Do Not! Rating: 5 out of 5 stars5/5Die With Zero: Getting All You Can from Your Money and Your Life Rating: 4 out of 5 stars4/5Baby Steps Millionaires: How Ordinary People Built Extraordinary Wealth--and How You Can Too Rating: 5 out of 5 stars5/5Financial Feminist: Overcome the Patriarchy’s Bullsh*t to Master Your Money and Build a Life You Love Rating: 5 out of 5 stars5/5Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth Rating: 5 out of 5 stars5/5Happier Hour: How to Beat Distraction, Expand Your Time, and Focus on What Matters Most Rating: 4 out of 5 stars4/5Principles: Life and Work Rating: 5 out of 5 stars5/5The Millionaire Next Door: The Surprising Secrets Of Americas Wealthy Rating: 5 out of 5 stars5/5I Will Teach You to Be Rich: No Guilt. No Excuses. No B.S. Just a 6-Week Program That Works (Second Edition) Rating: 5 out of 5 stars5/5Change Your Paradigm, Change Your Life Rating: 5 out of 5 stars5/5The Intelligent Investor Rev Ed. Rating: 5 out of 5 stars5/5Rich Dad's Cashflow Quadrant: Guide to Financial Freedom Rating: 5 out of 5 stars5/5A Healthy State of Panic: Follow Your Fears to Build Wealth, Crush Your Career, and Win at Life Rating: 4 out of 5 stars4/5How to Manage Your Money When You Don't Have Any Rating: 4 out of 5 stars4/5We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power Rating: 5 out of 5 stars5/5Stimulus Wreck: Rebuilding After a Financial Disaster Rating: 4 out of 5 stars4/5The Intelligent Investor Rating: 4 out of 5 stars4/5Unshakeable: Your Financial Freedom Playbook Rating: 5 out of 5 stars5/5Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money Rating: 5 out of 5 stars5/5Bad with Money: The Imperfect Art of Getting Your Financial Sh*t Together Rating: 4 out of 5 stars4/5Entreleadership: 20 Years of Practical Business Wisdom from the Trenches Rating: 5 out of 5 stars5/5Killing Sacred Cows: Overcoming the Financial Myths that are Destroying Your Prosperity Rating: 5 out of 5 stars5/5
Reviews for The Philosophical Investor
Rating: 0 out of 5 stars
0 ratings
0 ratings0 reviews