#47 Ian Cassel on Golf Is Not a Game of Perfect
Ian Cassel is the founder of MicroCapClub, co-author of the books about Intelligent Fanatics, and the CIO of Intelligent Fanatics Capital Management. In this episode, we talk about “Golf Is Not a Game of Perfect” by Bob Rotella. The book covers the mental habits used by professional golfers, an area that turns out to be a ripe hunting ground for valuable investing advice.
For more info about the podcast, go to the episode page and make sure to follow us on Twitter. We love to hear your thoughts on what you like and what we can improve, so please give us your rating and a review. You're also very welcome to tell us about great authors, books, and investors you want to hear on the show. Thank you! /Eddie & Niklas with team
This episode was recorded on April 19, 2023.
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Episode Chapters
(00:00) Intro by Eddie & Niklas
(02:26) How Ian started with investing
(07:13) Golf Is Not a Game of Perfect
(13:26) Adapting your strategies to the world around you
(16:55) Rigidity vs. flexibility in the investment process
(19:29) Accepting things outside of your control
(25:51) Letting investments influence your strategy
(31:37) Appreciating the position you’re in
(36:11) The long versus the short game
(42:27) Knowing when you know enough…
(44:34) … and then knowing what to do
(48:89) Learning about yourself through the market
(51:39) Having productive distractions
(55:13) Do investors age well?
(58:32) Should you lower your expectations?
(01:00:45) How to consider macroeconomics
(01:03:55) Checking stock prices daily/Comparing yourself to others
(01:07:52) The set-up at Intelligent Fanatics Capital Management
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Books Mentioned
Intelligent Fanatics - Sean Iddings and Ian Cassel
Golf Is Not a Game of Perfect - Bob Rotella
The Elements of Scoring - Raymond Floyd
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More on Ian
Intelligent Fanatics Capital Management
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About the Podcast
Intro episode: https://www.redeye.se/podcast/investing-by-the-books/817383/0-intro-to-investing-by-the-books
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What is Investing by the Books?
Investing by the Books was founded by Henrik Andersson, Bo Börtemark, Mats Larsson and Michael Persson. It has published hundreds of book reviews in the past 10 years and operates on a non-profit basis.
Visit the website: http://www.investingbythebooks.com/
Follow on Twitter: https://twitter.com/Investbythebook
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What is Redeye?
Redeye is a research-centered boutique investment bank from Stockholm. Founded in 1999, Redeye cultivates investors through timeless knowledge, a humble attitude, and a strong focus on quality.
Visit the website: https://www.redeye.se/
Follow on Twitter: https://twitter.com/Redeye_
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Disclaimer
Notice that the content in this podcast is not, and shall not be construed as investment advice. This information is meant to be informative and for general purposes only. For full disclaimer, visit Redeye.se
