This interview podcast features William Green interviewing legendary investor Bill Priest. The conversation begins with Green expressing gratitude for the success of his book, "Richer Wiser Happier," before transitioning into a discussion of Priest's six-decade career in finance. Priest shares anecdotes from his early life and career, highlighting the importance of hard work, mentorship, and recognizing opportune moments. He emphasizes the significance of free cash flow and shareholder yield as key indicators of long-term investment success, illustrated by examples of successful companies. Finally, Priest discusses his concerns about current geopolitical and economic risks, suggesting diversification and a focus on companies effectively utilizing technology to improve productivity as prudent investment strategies for the future.
