Kyle Grieve chats with Mary Buffett and Sean Seah about Warren's aversion to financial leverage and how he used float as a viable alternative, simple ways to find new ideas, why Warren loves monopolies so much, the way Buffett thinks about and eliminates commodity-type businesses, Buffett’s thought process on holding Coca-Cola when it was overpriced, how to develop patience and discipline, and a whole lot more!IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro02:07 - How Warren shuns leverage but found a way to use a different kind of leverage via insurance floats.07:38 - The importance of simple investments.09:59 - Simple ways to find new investing ideas.12:33 - Why Warren Buffett loves monopolies.36:14 Strategies for learning patience and discipline.40:38 - The power of meditation for investing.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESRead the 7 Secrets To Investing Like Warren Buffett.Purchase Mary Buffett’s Buffettology.Find all of Mary’s books.Find all of Sean’s Books.NEW TO THE SHOW?Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.Check out our Millennial Investing Starter Packs.Browse through all our episodes (complete with transcripts) here.Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.Help us understand our audience better so we can create a more intentional user experience by answering this survey!SPONSORSLearn how Principal Financial can help you find the right benefits and retirement plan for your team today.Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite’s popular KPI Checklist, designed to give you consistently excellent performance for free.Your home might be worth more than you think. Earn extra money today with Airbnb.Shape and flex your home loans how you want with Athena. Join the thousands of Aussies taking control of their mortgage today.Experience real language learning for real conversations with Babbel. Listeners from Germany can use our code INVESTOR to get a 12-month subscription for the price of 6 months.Support your success every step of the way with Shopify. Sign up for a one-dollar-per-month trial period today!Learn from the world’s best minds - anytime, anywhere, and at your own pace with Masterclass. Get 15% off an annual membership today.Support our free podcast by supporting our sponsors.Connect with Kyle: Twitter | WebsiteConnect with Sean: Facebook| WebsiteConnect with Mary: Website | LinkedInSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.