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FoundersDec 28, 2020

#160 Peter Cundill

Summary, books mentioned, transcript quotes, and timestamps for #160 Peter Cundill on Founders.

Notable books mentioned: Routines and Orgies by Christopher Rizzo Gill, Beyond the Mexican Bay by Aldous Huxley, There's Always Something to Do by Peter Cundhill, Institutional Investing by Charles Ellis

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Routines and Orgies cover
Mentioned at 3:57
Routines and Orgies
Christopher Rizzo Gill

The host mentions 'Routines and Orgies' to highlight the remarkable life of Peter Cundhill, emphasizing his dedication to learning and personal gro…

Beyond the Mexican Bay cover
Mentioned at 4:33
Beyond the Mexican Bay
Aldous Huxley

The host mentions 'Beyond the Mexican Bay' to highlight a quote that encapsulates Peter Cundhill's life philosophy. This quote reflects the balance…

There's Always Something to Do cover
Mentioned at 12:45
There's Always Something to Do
Peter Cundhill

The host mentions 'There's Always Something to Do' to highlight the professional journey and personal reflections of the individual discussed. The…

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#160 Peter Cundill
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Episode summary, books & quotes

#160 Peter Cundill mentions Routines and Orgies by Christopher Rizzo Gill, Beyond the Mexican Bay by Aldous Huxley, There's Always Something to Do by Peter Cundhill, and Institutional Investing by Charles Ellis with timestamps, quotes, and episode context.

Episode summary
What I learned from reading Routines and Orgies: The Life of Peter Cundill, Financial Genius, Philosopher, and Philanthropist by Christopher Risso-Gill. ---- Excellence as a goal in itself had been drummed into him from early boyhood. I’m convinced that to achieve real greatness a person needs above all to have passion but at the same time immense discipline, concentration, patience and an unshakeable determination to become a master of his craft. There is a choice of courses in life: either to seek equilibrium or to enjoy the heights and suffer the depths. You need to get into some situations which make your gut tight and your balls tingle. Do the unappealing things first. Once you have done your homework properly and are absolutely convinced that an investment is right you should not hesitate or wait for others to share the adventure. The price at which you start buying will almost invariably be imperfect but that should never discourage you. Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but we rather have those because we have acted rightly. We are what we repeatedly do. Excellence then, is not an act but a habit. (Aristotle) The more that I think about the way the Greeks, especially the Spartans, regarded the subject of exercise and the necessity of maintaining peak levels of physical fitness, the more I am convinced that the health of the mind and the spirit are either bolstered or hampered by the condition of the body. Concentrate with absolute clarity on one thing at a time. The mantra is patience, patience, and more patience. Think long term and remember that the big rewards accrue with compound annual rates of return. ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast
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What is #160 Peter Cundill about?

Summary, books mentioned, transcript quotes, and timestamps for #160 Peter Cundill on Founders.

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  • The conversation centers on investment philosophy development.
  • A second recurring theme is Aldous Huxley quote.
  • Referenced books include Routines and Orgies by Christopher Rizzo Gill and Beyond the Mexican Bay by Aldous Huxley.
  • The strongest audience signal points to Readers interested in personal development and financial philosophy and Readers interested in personal development and financial success..

Which books are mentioned in #160 Peter Cundill?

Routines and Orgies by Christopher Rizzo Gill, Beyond the Mexican Bay by Aldous Huxley, and There's Always Something to Do by Peter Cundhill are the clearest linked books in this episode, each tied back to transcript timestamps and quote cards.

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Topic and sentiment signals

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Mention sentiment
Deep Dive(5)Highly Recommended(3)Passing Reference(1)
Audience signals
Readers interested in personal development and financial philosophyReaders interested in personal development and financial success.Readers interested in personal development and biographiesAspiring investors and finance professionalsInvestors and finance professionals seeking foundational investment principlesIndividuals interested in philosophy and personal development.

Books Mentioned

Routines and Orgies cover
Routines and Orgies
Christopher Rizzo Gill
Best for Readers interested in personal development and financial philosophyOften cited around Peter Cundhill's life

This book is about the life of Peter Cundhill, exploring his journey as a financial genius, philosopher, and philanthropist, based on his extensive daily journals.

View mention details
Sentiment: Highly Recommended
For: Readers interested in personal development and financial philosophy
Key quote: In this book, the reader will make the acquaintance of a remarkable, generous, multifaceted, and complex man, who I had the privilege, for over 30 years, of coming to this book, and of being able to share my life with him.
The host mentions 'Routines and Orgies' to highlight the remarkable life of Peter Cundhill, emphasizing his dedication to learning and personal growth. The book serves as a testament to Cundhill's journey and the insights he gained through his extensive journaling over 40 years.
ASIN: 0773544720
Buy on Amazon
Beyond the Mexican Bay cover
Best for Readers interested in personal development and financial success.Often cited around Aldous Huxley quote

This is a quote from Huxley's book that inspired the title of Peter Cundhill's biography, reflecting on the natural rhythm of human life.

View mention details
Sentiment: Deep Dive
For: Readers interested in personal development and financial success.
Key quote: The commonest, one might call it, natural rhythm of human life is routine punctuated by orgies.
The host mentions 'Beyond the Mexican Bay' to highlight a quote that encapsulates Peter Cundhill's life philosophy. This quote reflects the balance between routine and excitement that defined Cundhill's approach to life and success.
ASIN: B0FR548JZ9
Buy on Amazon
There's Always Something to Do cover
Best for Readers interested in personal development and biographiesOften cited around personal growth and ambition

There's another book, it's called There's Always Something to Do. I think the subtitle is The Investment Philosophy of Peter Cundhill. That's more if you want to learn how he got rich.

View mention details
Sentiment: Deep Dive
For: Readers interested in personal development and biographies
Key quote: There is a choice of courses in life. Either to seek equilibrium. Or to enjoy the heights and suffer the depths.
The host mentions 'There's Always Something to Do' to highlight the professional journey and personal reflections of the individual discussed. The book serves as a lens through which the complexities of ambition and personal development are explored, particularly in relation to the subject's life choices and experiences.
ASIN: 0773538631
Buy on Amazon
Institutional Investing cover
Best for Aspiring investors and finance professionalsOften cited around investment philosophy development

When Peter had first joined AGF, the chairman had given him Charles Ellis's book, Institutional Investing.

View mention details
Sentiment: Highly Recommended
For: Aspiring investors and finance professionals
Key quote: Charles Ellis's book, Institutional Investing, suggested that any money manager worth his salt ought to be able to achieve a 35 percent compound annual rate of return.
The host mentions 'Institutional Investing' by Charles Ellis as a pivotal book that influenced Peter's understanding of investment management. It highlights the high expectations set for money managers and serves as a catalyst for Peter's journey in developing his own investment philosophy.
ASIN: B000LVOIQ0
Buy on Amazon
Super Money cover
Super Money
George Goodman
Best for Aspiring investors and finance professionalsOften cited around investment philosophy development

He got into a flight in December 1973, nursing a colossal hangover and clutching a copy of the book Super Money. It was his eureka moment.

View mention details
Sentiment: Highly Recommended
For: Aspiring investors and finance professionals
Key quote: I would say that I think the book is the key to my success.
The host mentions 'Super Money' as a pivotal book that significantly influenced Peter's understanding of investment principles. It served as a breakthrough moment for him, providing the theoretical foundation he needed to develop his own investment strategy.
ASIN: 0471786314
Buy on Amazon
Security Analysis cover
Security Analysis
Benjamin Graham and David Dodd
Best for Investors and finance professionals seeking foundational investment principlesOften cited around investment philosophy development

Goodman was referring to Benjamin Graham and David Dodd's remarkable book security analysis, which we've talked about over and over again.

View mention details
Sentiment: Deep Dive
For: Investors and finance professionals seeking foundational investment principles
Key quote: Goodman was referring to Benjamin Graham and David Dodd's remarkable book security analysis, which we've talked about over and over again.
The host discusses how Peter's reading of 'Security Analysis' by Graham and Dodd significantly influenced his investment strategy and philosophy. This book provided Peter with the theoretical foundation he needed to redefine his approach to selecting investments.
ASIN: B0DK2963RR
Buy on Amazon
Beyond the Mexique... Mexico Bay cover
Best for Individuals interested in philosophy and personal development.Often cited around philosophy of life

In his book, Beyond the Mexique... Mexico Bay? Aldous Huxley wrote, Life is a series of routines, punctuations, and patterns.

View mention details
Sentiment: Deep Dive
For: Individuals interested in philosophy and personal development.
Key quote: Life is a series of routines, punctuations, and patterns.
The host references Aldous Huxley's book to illustrate a unique perspective on life that combines various philosophical ideas. Huxley's assertion that 'Life is a series of routines, punctuations, and patterns' resonates with the host's exploration of balance and contradiction in personal philosophy.
ASIN: B0FR548JZ9
Buy on Amazon
After I Was 60 cover
After I Was 60
Roy Thompson
Best for Individuals coping with loss or seeking to understand griefOften cited around dealing with death

On a plane a passage from Roy Thompson's autobiography after I was 60 is the name of the book caught his eyes.

View mention details
Sentiment: Deep Dive
For: Individuals coping with loss or seeking to understand grief
Key quote: After 60 I'd always been always had a restless feeling a suspicion that I might be stagnating being a widower and my children settled.
The host references 'After I Was 60' to highlight the complex emotions and thoughts surrounding death and dying. The book's insights resonate with the host's reflections on personal loss and the struggle to maintain routine amidst grief.
ASIN: 0176050086
Buy on Amazon
Aldous Huxley cover
Best for Readers interested in philosophy and personal development.Often cited around Aldous Huxley quote

The excerpt references a travel book by Aldous Huxley that influenced Peter's perspective on life, particularly a sentence about the natural rhythm of human life.

View mention details
Sentiment: Passing Reference
For: Readers interested in philosophy and personal development.
Key quote: The commonest, one might call it, natural rhythm of human life is routine punctuated by orgies.
The host mentions Aldous Huxley to highlight a quote that inspired the title of Peter Cundhill's book. This quote reflects the balance between routine and excitement in human life, which resonates with Cundhill's character and experiences.
ASIN: 0060850523
Buy on Amazon

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