[REPLAY] - Mike Trigg – Defying the Fade at WCM (Capital Allocators, EP.162)

Daily Habits

Mike Trigg emphasizes the importance of daily habits in maintaining focus and reducing stress. He starts each day with spiritual reading, which he finds grounding and helpful in managing daily challenges 1. Mike also values authenticity, advising peers to remain true to themselves and stay humble, especially during successful times 2.

You're never as good and is never as bad as the outside world thinks.

--- Mike Trigg

These practices, he believes, are crucial for personal and professional growth.

   

Lessons Learned

Reflecting on past mistakes, Mike shares how these experiences have shaped his investment philosophy. He learned the importance of focusing on companies with wide moats and avoiding value traps, a lesson that significantly improved his firm's performance 3. Mike also stresses the value of seeking wisdom from diverse sources, including those who have faced struggles and made mistakes 4.

Wisdom comes from talking to people that have had struggles, that have made mistakes.

--- Mike Trigg

This approach has been pivotal in his personal and professional development.

   

Authenticity

Authenticity and humility are central to Mike's philosophy. He advises against pretending to be something you're not, as authenticity is key to sustainable success in business 2. Mike also highlights the importance of kindness, taking time to engage with others meaningfully despite the demands of work 5.

I really have grown to value just taking a few extra minutes throughout the day to have a nice exchange with somebody.

--- Mike Trigg

These values, he believes, foster better relationships and a more fulfilling life.