About this episode

Ryan Bunn discusses the mindset of successful investors and shares insights from his investing journey.

Ryan Bunn is the lead portfolio manager at Reference Equity in Denver, a Northwestern-trained engineer and Kellogg MBA with 15+ years of global equity experience who implements a first-principles quality-value philosophy focused on businesses in non-competitive situations. Episode Sponsor: Fiscal AI is a modern data terminal that gives investors instant access to twenty years of financials, earnings transcripts, and extensive segment and KPI data—use my link for a two-week free trial plus 15% off: https://fiscal.ai/talkingbillions/ 3:00 — Ryan’s Midwestern upbringing outside Cincinnati; mother taught him investing in elementary school; family of savers focused on dividend yields and long-term wealth building. 5:00 — 30-year investing evolution: private equity consulting training revealed wide range of business quality; reading Graham and Buffett cemented value conviction; experimented with options, angel investing in India, due diligence in Moscow, NFTs. 7:00 — The NFT experiment: bought digital art in summer 2021, sold for 25x return in six weeks, watched it crash 95%+. Lesson: “It showed me that I’m not a growth investor… it was so stressful even as prices were going up.” 9:00…

People in this episode

Host: Bogumil Baranowski

Guest: Ryan Bunn

Topics covered

• investing philosophy
• generational wealth
• value investing
• NFTs
• business quality
• long-term wealth building

Keywords

• investing
• collectors
• traders
• generational wealth
• quality investing
• NFT
• Warren Buffett
• long-term investing
• business quality

Sponsors

Fiscal AI

Mentioned in this episode

Organizations: Reference Equity

Places: Cincinnati, Denver, India, Moscow

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