David Gardner co-founded The Motley Fool on AOL in 1994 at age 28, with $50,000 of his own money and a belief that most people still don’t share: that ordinary investors can beat the market. In this conversation, Ryan Heckman and David trace the origins of Rule Breaker Investing, the third school of thought that sits between Bogle’s indexing and Buffett’s value discipline, and how it led Gardner to Amazon, Nvidia, and Tesla decades before the crowd arrived. They also go deep on the principles underneath the strategy: winning requires lots of losing, the most important things in business can’t be captured as numbers, and the quiet power of serving others before chasing success. Listeners will walk away with a sharper lens for how to think about risk, conviction, and what it actually means to invest like a founder.
