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In each episode, we explore investing through an entirely unique lens, bringing in authors to discuss books that have directly or indirectly influenced our investment decisions.

“Fire can be destructive. It can also be useful. The same, we think, is true with bubbles.” In this episode, Cole is joined by William Quinn and John D. Turner, authors of the book Boom and Bust: A Global History of Financial Bubbles. The trio discuss the history of financial bubbles, how they’re created, why bubbles aren’t always destructive, and how to spot a bubble when you’re in the middle of one.

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Justin Baer – House of Fidelity

How did one family build Fidelity into one of the most powerful forces in American investing, and what allowed it to endure across three generations? In the latest episode of […]

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Andrew Seth Meyer: To Rule All Under Heaven

What makes a civilization endure, and how did a Chinese empire that conquered everything fall apart in 15 years? In the latest episode of A Book with Legs, Smead Capital […]

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Gaurav Suri – The Emergent Mind: How Intelligence Arises in People and Machines

What in the subconscious mind informs our actions, and what are our neural networks capable of that distinguishes them from machines such as LLMs? Gaurav is a computational neuroscientist, experimental […]

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Jason Bardi – The Great Math War: How Three Brilliant Minds Fought for the Foundations of Mathematics

What happens when brilliant minds disagree not just on answers, but on the very rules of how answers can be found? These questions are addressed in the latest episode of […]

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The Smead Book List – Spring Book List

What is the Smead Capital Management team reading, and what’s up next? In this new quarterly ‘book list’ episode, value investors Bill and Cole Smead discuss memorable takeaways from books […]

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Kathryn Paige Harden – Original Sin: On The Genetics of Vice, The Problem of Blame, And the Future of Forgiveness

How much of our temperament and behavior is passed through DNA, and how do we punish those whose behavior may be shaped by genetic forces outside of their control? These […]

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