Intelligent Investment Today - The Warren Buffett Way
Published by David Coombs
Investing
Business
Entrepreneurship
Learn timeless value investing strategies from Benjamin Graham, the father of value investing, and mentor to Warren Buffett, in this short and insightful podcast series. In each 10-25 minute episode, we break down Graham’s core investing principles, including concepts like 'Mr. Market' and 'Margin of Safety,' to help you make smarter investment decisions. Perfect for beginners looking to understand the stock market or experienced investors wanting to sharpen their strategy, this podcast simplifies classic value investing for today’s markets. Whether you're just getting started or refining your approach, you'll gain practical, actionable tips for long-term investing success. Tune in to build a solid foundation, invest wisely, and stay disciplined—no matter the market conditions. #ValueInvesting #StockMarketBasics #BenjaminGraham #InvestmentStrategies #WarrenBuffett
Why do some investors remain passionate about markets for decades, while others become exhausted chasing returns? In this episode of Intelligent Investment Today , we explore an often-overlooked idea: the importance of enjoying the process of investing rather than becoming obsessed with the proceeds. Drawing on the examples of Warren Buffett, Benjamin Graham, Charlie Munger, and Peter Lynch, we examine why curiosity, patience, and genuine interest may be far greater advantages than greed, anxiety, or the fear of missing out. Because investing is not simply about reaching some distant financial destination. It's about developing habits, knowledge, and a mindset that make the journey itself worthwhile. Along the way, we'll discuss why people who love what they do often become exceptionally good at it, why patience is easier when you're genuinely fascinated by businesses, and why perhaps the greatest investors aren't chasing money at all—they simply love the game. Topics covered: • Why enjoyment and curiosity create long-term advantages • Warren Buffett and the joy of studying businesses • Why obsession with outcomes can lead to poor decisions • The connection between passion, patience, and success • How market downturns become easier when you enjoy the process • Why life—and investing—is largely about the journey, not the destination • The timeless value of maintaining a curious mind Because while markets rise and fall, fortunes come and go, and stock prices fluctuate endlessly, a curious mind never really retires. Support the show
AI and the Panic of 1873: What History Teaches Investors
Artificial intelligence is widely viewed as one of the most transformative technologies of our time. But history reminds us that revolutionary innovations and speculative excess often arrive together. In this episode of Intelligent Investment Today, we explore the remarkable parallels between today's AI boom and the railway mania that preceded the financial crisis of 1873. While the technologies are separated by more than a century, the behaviour of investors may be surprisingly familiar. We examine how enthusiasm for railways fuelled massive investment, soaring valuations, and widespread speculation before the eventual collapse. We then compare those events with today's excitement surrounding artificial intelligence, semiconductor companies, data centres, and the race to dominate the future of AI. Along the way, we discuss why being right about a technology is not always the same as being right about an investment, the importance of valuation discipline, the dangers of leverage and FOMO, and why history suggests that only a handful of companies may ultimately capture most of the value created by a technological revolution. Whether you're an investor, student of financial history, or simply curious about the AI revolution, this episode offers timeless lessons on speculation, innovation, and intelligent investing. Support the show
How Investors Quietly Destroy Wealth Through Misjudged Risk
In this episode of Intelligent Investment Today , we explore one of the most misunderstood concepts in all of investing: risk. Many investors believe risk simply means volatility or short-term price declines. But as Benjamin Graham, Warren Buffett, and Howard Marks have repeatedly argued, true investment risk is far more complex — and often far less visible. We examine: Why volatility is not necessarily the same as risk The difference between temporary declines and permanent capital loss How speculative bubbles distort investor perception Why leverage quietly increases fragility The dangers of overconfidence and herd behaviour How inflation can erode wealth despite apparent “safety” Why institutions often misjudge risk The importance of margin of safety in value investing How investor psychology shapes market cycles This episode is a deep dive into risk perception, behavioural finance, value investing principles, and long-term capital preservation. If you want to become a more rational and disciplined investor, understanding risk properly is essential. Support the show
Dollar-Cost Averaging: The Simple Strategy That Builds Wealth
In this episode of Intelligent Investment Today , we explore one of the most practical — and most widely misunderstood — investing strategies: dollar-cost averaging. Rather than attempting to predict market highs and lows, dollar-cost averaging focuses on consistency, discipline, and long-term participation. We examine why this simple approach can help investors manage emotion, reduce the pressure of market timing, and build wealth steadily over time. Along the way, we also discuss: Why market timing is so difficult The psychological benefits of systematic investing The difference between lump-sum investing and DCA How dollar-cost averaging fits within value investing Why behaviour often matters more than precision This episode is not about finding the perfect moment to invest — it’s about building a process that works even when markets are uncertain. A thoughtful discussion for long-term investors seeking clarity, discipline, and a more sustainable approach to wealth creation. Support the show
Was Peter Lynch Really a Value Investor? | Growth, GARP & Intelligent Investing
Peter Lynch is often remembered as one of the greatest growth investors of all time — but was he actually a value investor in disguise? In this episode of Intelligent Investment Today , we explore the investing philosophy of Peter Lynch and examine how his approach blended elements of both growth and value investing. From his famous “buy what you know” principle to his use of the PEG ratio and focus on understandable businesses, Lynch developed a style that challenged traditional investing labels. We discuss: How Peter Lynch managed the Fidelity Magellan Fund to extraordinary success Why Lynch focused on simple, understandable businesses The meaning behind the PEG ratio and “growth at a reasonable price” (GARP) investing How Lynch balanced growth potential with valuation discipline The similarities — and differences — between Lynch, Benjamin Graham, and Warren Buffett Why value investing is broader than simply buying “cheap stocks” The lessons modern investors can still learn from Lynch today This episode is a deeper look into one of the most influential investors of the modern era — and why his philosophy still matters for long-term investors navigating today’s markets. Intelligent investing is not about labels. It’s about understanding value, price, and opportunity. Support the show
The Cash Flow Statement: The Ultimate Test of Business Quality
In this episode of Intelligent Investment Today , we complete our trilogy of financial statement analysis by exploring the cash flow statement through the lens of Benjamin Graham. Why do experienced investors place so much importance on cash generation? Because while profits can be adjusted and narratives can mislead, cash flow often reveals the underlying economic reality of a business. We examine operating cash flow, free cash flow, capital allocation, financing decisions, and the critical difference between accounting profits and genuine financial strength. A deep dive into one of the most powerful tools in intelligent investing. Support the show
The Income Statement: Understanding Earning Power
Benjamin Graham believed that intelligent investing begins with understanding the real economics of a business. In this episode, we explore the income statement and the critical role it plays in determining intrinsic value. From stable earnings and operating margins to interest coverage and accounting scepticism, we examine how Graham-style investors separate durable businesses from temporary success stories. A discussion on financial discipline, long-term thinking, and the enduring importance of earning power. Support the show
The Balance Sheet: Where Intelligent Investing Begins
In this episode of Intelligent Investment Today , we return to the foundations of classic value investing and explore the discipline Benjamin Graham considered essential: balance sheet analysis . While modern markets obsess over stories, growth narratives, and technological excitement, Graham insisted that intelligent investing begins with something far more concrete — financial reality . Drawing directly from Graham’s principles, we break down why assets, liabilities, liquidity, and debt matter far more than market hype. You’ll learn: Why Graham prioritised downside protection and the margin of safety What working capital, liquidity, and debt levels reveal about a company’s resilience How balance sheet strength can determine whether a business survives a downturn Why tangible assets and conservative financing still matter in today’s markets How dilution, leverage, and weak financial structures quietly destroy shareholder value This episode is a reminder that before investors get excited about growth or disruption, they must first understand the financial structure supporting the business underneath. Support the show
Are Bonds Really Safe? Understanding Credit Risk and Yield
In this episode of Intelligent Investment Today , we take a deep dive into the world of bonds and fixed income investing — and explore why Benjamin Graham believed many investors misunderstood the risks involved. While bonds are often presented as “safe” investments, the reality is far more complex. We examine the critical differences between government bonds, corporate bonds, secured debt, unsecured debt, senior debt, subordinated debt, and high-yield bonds. You’ll learn: What bonds actually are and how they work Why not all bonds carry the same level of risk The difference between secured and unsecured debt How capital structure and repayment hierarchy affect investors Why bond yields can sometimes signal hidden danger What liens, seniority, and subordinated debt mean in practice Why Benjamin Graham warned against reaching for yield How intelligent investors think about downside protection and credit risk This episode is essential listening for anyone interested in value investing, fixed income markets, portfolio construction, credit analysis, and long-term risk management. Support the show
The Subtle Art of Ignoring the Noise
What can a mindset book teach us about investing? In this episode of Intelligent Investment Today , David Coombs explores the surprising connection between The Subtle Art of Not Giving a F*ck and the principles of value investing. From ignoring short-term market noise to staying disciplined during volatility, this episode examines how selective focus, emotional control, personal responsibility, and long-term thinking can shape better investment decisions. Because successful investing is not about reacting to everything — it’s about focusing on what truly matters. Topics include: Why market noise leads to poor decisions The importance of emotional discipline Handling volatility and uncertainty Long-term thinking in value investing The psychology behind successful investors Why simplicity often outperforms complexity A thoughtful exploration of mindset, behaviour, and the timeless principles of value investing. Support the show
“One Step Away from Poverty” — A Warren Buffett Warning
In this episode of Intelligent Investment Today , we explore a powerful and often overlooked idea attributed to Warren Buffett: “If your salary is your only income, you are only one step away from poverty.” At first glance, the statement may seem extreme. But as we unpack it, a deeper message emerges — one about financial vulnerability, behavioural habits, and the true foundations of long-term wealth. This episode examines why relying on a single income source creates risk, regardless of how much you earn, and how building additional streams of income can provide stability, flexibility, and peace of mind. We also explore the behaviours that stand in the way — from lifestyle inflation and impulse spending to the challenge of delayed gratification — and why financial independence begins not with investing, but with how we manage what we already have. Because the real lesson behind Buffett’s quote is not about fear. It is about control. About reducing dependence, building resilience, and making decisions that support your future — not just your present. Support the show
Growth, Quality, and Compounding: The Fisher Framework
In this episode of Intelligent Investment Today , we explore Common Stocks and Uncommon Profits by Philip Fisher — a book that takes investing beyond the numbers and into the heart of the business itself. While traditional value investing, as taught by Benjamin Graham, focuses on valuation and margin of safety, Fisher introduces a different perspective: the importance of business quality, long-term growth, and exceptional management. This episode examines Fisher’s distinctive approach, including his famous “scuttlebutt” method, his focus on qualitative insight, and his framework for identifying companies with the potential to compound value over time. We also explore how these ideas influenced Warren Buffett, shaping the evolution of his philosophy into a blend of discipline and insight — combining Graham’s quantitative rigour with Fisher’s focus on great businesses. Because the most powerful investing approach is not choosing between value and growth. It is understanding how the two work together. Support the show
Coca-Cola: A Great Business, But Is It a Great Investment?
In this episode of Intelligent Investment Today , we analyse The Coca-Cola Company through the lens of value investing. Often regarded as one of the most recognisable and durable businesses in the world, Coca-Cola offers a powerful case study in simplicity, brand strength, and competitive advantage. But as every disciplined investor knows, a great business is not always a great investment. Drawing on principles popularised by Warren Buffett and Benjamin Graham, we explore: Why Coca-Cola is such an understandable business The true nature of its competitive moat How brand, distribution, and habit reinforce its dominance And why valuation remains the most important part of the equation A thoughtful discussion on quality, price, and the discipline required to invest wisely. Support the show
Before Berkshire: The Early Decisions That Shaped Warren Buffett
In this episode of Intelligent Investment Today , we explore the early life and formative experiences of Warren Buffett — one of the most influential investors in history. From his childhood fascination with numbers and small entrepreneurial ventures in Omaha, to his first lessons in the stock market and the pivotal influence of Benjamin Graham, Buffett’s journey is a masterclass in the development of disciplined, long-term thinking. We examine the investments that shaped his philosophy — including early successes, costly mistakes, and the defining moment of his GEICO investment — as well as the principles that would later underpin the rise of Berkshire Hathaway. This episode is not just a biography. It is an exploration of how great investors are made: through curiosity, patience, and a commitment to continuous learning. Whether you are new to investing or refining your own approach, Buffett’s early story offers timeless lessons in value, discipline, and rational decision-making. Support the show
The Moustache Test: What Graham Teaches Us About Judging Management
In this episode of Intelligent Investment Today , we explore a subtle but critical question for investors: how much should we trust management? Drawing on the insights of Benjamin Graham, the father of value investing, we examine why even the most disciplined investors must be cautious when evaluating the people running a business. From Graham’s famous “moustache” anecdote to the challenges of assessing leadership from the outside, this episode uncovers the hidden role of bias, perception, and overconfidence in investment decisions. We also explore how Warren Buffett built on Graham’s thinking—emphasising strong businesses that can succeed regardless of who is in charge. You’ll learn: Why judging management is far more difficult than it appears How unconscious biases influence investment decisions The importance of margin of safety when uncertainty is high Why integrity matters more than charisma How to avoid costly mistakes when evaluating CEOs In an age of constant access to executives through earnings calls, interviews, and social media, it’s easy to believe we understand management better than we do. This episode is a timely reminder that what we see is often incomplete—and sometimes misleading . If you’re serious about long-term investing, this discussion will help you stay grounded, disciplined, and focused on what truly matters. Support the show
Beyond The Intelligent Investor: Storage and Stability Explained
In this episode of Intelligent Investment Today , we take a deeper dive into one of the most overlooked works by Benjamin Graham — Storage and Stability. While Graham is best known for The Intelligent Investor and Security Analysis , this lesser-known book reveals a broader and more ambitious side of his thinking—one focused not just on investing, but on economic stability itself . We explore Graham’s concept of “storage” as a mechanism for stabilising commodity prices, his proposal for a commodity-backed currency system , and his concern with the damaging effects of price volatility on markets and society. More importantly, we connect these ideas back to modern investing: What does “stability” really mean in today’s markets? Can volatility ever be reduced—or should it be embraced? How does instability create both risk and opportunity for value investors? What can Graham’s economic thinking teach us about portfolio construction and resilience ? In an era of rapid market movements, inflation shocks, and global uncertainty, Graham’s insights remain surprisingly relevant. His work reminds us that while we cannot eliminate volatility, we can prepare for it—through discipline, patience, and a margin of safety . Whether you’re a long-term investor or a dedicated student of value investing, this episode offers a unique perspective on how markets function beneath the surface—and how to navigate them more effectively. Support the show
The Illusion of Safety: Why Cash Isn’t Risk-Free
When markets turn volatile, many investors do the same thing: sell, step back, and move into cash. It feels safe. It feels smart. But what if that instinct is quietly working against you? In this episode, we unpack the rush to cash during times of crisis — and reveal the less visible risks that come with it, including inflation, missed opportunities, and long-term wealth erosion. A must-listen for anyone looking to think more clearly and invest more intelligently during uncertain times. Support the show
Charlie Munger’s $100,000 Rule: Why Your First Investment Milestone Is the Hardest
Why did Charlie Munger say the first $100,000 is the hardest to earn—and what does that mean for your investing journey? In this episode of Intelligent Investment Today , we break down one of the most powerful (and often misunderstood) ideas in value investing. Alongside insights from Warren Buffett’s long-time partner, we explore why the early stages of building wealth feel slow—and why that’s completely normal. You’ll learn: The real meaning behind the $100,000 threshold theory How compounding transforms small investments into long-term wealth Why the early years of investing depend more on saving than returns The psychological challenges that hold most investors back Practical strategies to accelerate your progress and avoid costly mistakes Whether you’re just starting your investing journey or working toward your first major milestone, this episode will help you understand how wealth is truly built—and why patience is your greatest advantage. Because once compounding takes hold, everything changes. 🎧 Subscribe for more insights on value investing, long-term wealth building, and rational decision-making. Support the show
Would Benjamin Graham Invest in Bitcoin? Value Investing vs Cryptocurrency
Would the father of value investing ever buy Bitcoin? In this episode of Intelligent Investment Today , we explore how the principles of legendary investor Benjamin Graham might apply to the modern world of cryptocurrency. Long before digital assets existed, Graham established the foundations of value investing , teaching investors to focus on intrinsic value, thorough analysis, and the famous concept of the margin of safety . But how would those ideas hold up when applied to assets like Bitcoin and other digital currencies? Using Graham’s famous definition of an investment from The Intelligent Investor , we examine three key questions: • Can cryptocurrency be analysed in the same way as traditional investments? • Does crypto possess measurable intrinsic value? • Can investors realistically expect safety of principal and an adequate return? Along the way, we explore Graham’s distinction between investment and speculation , his famous Mr Market analogy, and why disciplined investors focus on protecting capital above all else. Whether you’re a long-term value investor, curious about Bitcoin, or simply trying to understand the difference between investing and speculation , this episode offers a timeless perspective on one of the most debated assets in modern finance. 🎧 In this episode you’ll learn: The three criteria that define a true investment Why intrinsic value matters in financial markets How cryptocurrencies compare with traditional assets What value investors can learn from Graham’s philosophy today Subscribe to Intelligent Investment Today for more discussions on value investing, financial history, and the principles that guide disciplined investors through uncertain markets. Support the show
Benjamin Graham on Bonds: Why Every Portfolio Needs Them
Benjamin Graham is widely known as the father of value investing and the mentor to Warren Buffett. Most investors associate Graham with undervalued stocks, intrinsic value, and the famous concept of the margin of safety. But Graham believed intelligent investing involved much more than stock selection. In this episode of Intelligent Investment Today , we explore Benjamin Graham’s views on bonds — a crucial but often overlooked component of a well-balanced portfolio. We discuss: • What bonds actually are and how they work • Why Benjamin Graham believed bonds provided stability and protection • The key advantages and disadvantages of bonds compared with stocks • Graham’s famous asset allocation rule — the 50% to 50% portfolio balance • Why bonds can help investors remain disciplined during market downturns Drawing on the principles outlined in The Intelligent Investor by Benjamin Graham, this episode explains why bonds were never just an afterthought in Graham’s philosophy — they were a cornerstone of intelligent investing. If you want to build a portfolio designed not only for growth but also resilience, this episode will help you understand why Graham believed balance between stocks and bonds is essential. Support the show
