Episode Transcript
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0:04
Hello and welcome
0:04
to the fat pitch Podcast, the
0:07
podcast where every week we
0:07
bring you interviews with
0:10
thought leaders, legends,
0:10
luminaries, and even a few
0:13
lunatics from the world of
0:13
alternative investing. I'm your
0:18
host Paul Borowsky chief
0:18
distribution Officer of Sealy
0:21
investment securities. And every
0:21
week I'm joined by my co host,
0:24
Clint Sorenson, founder of
0:24
wealth shield. What do we mean
0:29
by fat pitch podcast? Well, I
0:29
bet everyone's heard a Ted
0:32
Williams, one of the greatest
0:32
baseball players of all time,
0:35
Ted famously described his
0:35
approach to hitting his waiting
0:38
for the fat pitch. What he meant
0:38
was that he would only swing it
0:41
pitches that were in the strike
0:41
zone, and were exactly where he
0:44
wanted them. In other words, he
0:44
was willing to be patient and
0:47
wait for the perfect opportunity
0:47
to take action. Williams knew
0:51
that swinging at every pitch,
0:51
even those outside the strike
0:54
zone would result in a lower
0:54
batting average and missed
0:57
opportunities. But by waiting
0:57
for the fat pitch, Ted was able
1:01
to maximize his chances of
1:01
success. And he certainly
1:05
achieved extraordinary Hall of
1:05
Fame results. That philosophy
1:10
can be applied to many areas of
1:10
life, including investing where
1:13
Warren Buffett, the legendary
1:13
investor and businessman also
1:17
use the term fat pitch to
1:17
describe his approach to
1:19
investing. Just like hitting he
1:19
believed that the key to
1:23
successful investing was in is
1:23
to wait for the right
1:27
opportunity to come along and
1:27
wait for the perfect pitch. In
1:32
Buffett's view of fat pitch was
1:32
a rare and undervalued
1:34
investment opportunity that had
1:34
the potential to generate
1:37
significant returns. He would
1:37
wait patiently and still does
1:41
for these opportunities to
1:41
present themselves and then take
1:44
decisive action when the time
1:44
was right here at the fat pitch.
1:48
As I mentioned, every week,
1:48
we're gonna have a chance to
1:51
chat Clintonite with fantastic
1:51
minds from across the spectrum
1:56
of investing. We don't know if
1:56
it's the fat pitch, perhaps
2:00
they're gonna suggest to us that
2:00
it is time for the fat pitch.
2:03
But I think you're gonna have a
2:03
lot of fun as we do each and
2:07
every week listening and talking
2:07
to some of these terrific
2:10
opportunities and we'll find out
2:10
is it a fat pitch or a ball
2:14
outside the strike zone?
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