Smart Investing with Nosa

In this episode, I had a really exciting conversation with one of the rockstar investment professionals I know, Obumneme Okonkwo. Obum is a private equity investment professional at one of Africa's largest investment firms, African Capital Alliance (ACA). We talked about his experience in private equity, his mindset shift from consulting to the private equity world, the current investment environment, a potential market downturn and outlook for the future. This was a really long episode, but the conversation was really insightful, so I decided not to make any edits / cuts. I hope you enjoy it.

In this episode, I talk about one of the most important types of investments - Investment in quality education - with Dami Olagunju.Dami is a Global Process Manager - Finance Operations at Google and an Alumna of the Harvard Business School. She also has some experience working in investment Banking and in Private Equity, and is the Founder of the Lagos Young Professionals Innovation Club (LYPIC).Dami talks about her career journey leading up to going to the Harvard Business School, her journey through business school with respect to financing, her work experience so far, as well as her future aspirations.

In this episode, I explain why stock-picking or investing in specific securities is not an optimal investing strategy (compared to investing in ETFs), especially for individual investors. I also talk through the individual securities in my portfolio and explain my rational for holding these securities, despite my position against stock picking.

Heeeeeey, I'm back!In this episode, I discuss:stock splits, using Tesla as a case study;Tesla's current valuation and its perceived overvaluation;an easy way to know when a stock is cheap or expensive (relative to other / similar companies in the same industry) based on its share price, using the P/E ration; For questions, comments / feedback, or to appear as a guest on the Podcase, reach out to me on Instagram (@Nosa_Ugiagbe), Twitter (@NosaMUgiagbe), LinkedIN (Nosakhare Ugiagbe).

In this episode, I discuss my rationale for investing in five different securities in the Healthcare / Pharma, Tech / Data, Fintech / VC sectors. EXASOL AG (Germany)German Startups Group (Germany) Sensyne Health (UK)Vivoryon Therapeutics (Germany)Amigo Holdings(UK)I also discuss the performance of each of these five securities. They returned between -16% and +125% in the period I have held them (about two weeks).I then go on to discuss the concept of Hindsight bias and how it affects investment decisions, as well as recommendations for coping with hindsight bias as an investor.Feel free to reach out to me on:LinkedIn (Nosakhare M. ugiagbe)Twitter (@NosaMUgiagbe)Instagram (Nosa_ugiagbe)  Blog / Website (https://www.nosaugiagbe.com/)

This episode discusses the relationship between risk and returns as it relates to investments. It begins by explaining two major components of returns - income (dividend / interest) and capital gains. It then moves on to talk about risk, differentiating systematic risk from unsystematic risk and how both affect returns.Finally, the episode shows a practical way to think about expected or required returns as compensation for different components of risk, explaining each component at length. The risk/return components discussed include:a). real risk-free rate (compensation for forgoing current consumption to a future single-period date)b). compensation for expected inflation ratec). maturity premium (compensation for extended duration and exposure to interest rate risk)d). liquidity period (compensation for potential loss of value due to illiquidity)e). credit spread (compensation for the possibility of default and the extent of loss in the event of a default)f). equity risk premium (compensation for taking up additional risk associated with equity securities vs fixed income securities)g). Others - (country risk premium, currency, tax, etc.)Thinking about risk and returns in this manner would make it easier to understand and evaluate the returns due to certain investment products and why certain investments may not be appropriate for you, despite having higher returns.

This episode begins with a recap of the first five episodes of the Podcast and encourages all listeners to stay safe / prioritize self preservation during the Coronavirus pandemic.It then goes on to introduce the concept of economic cycles and briefly describe the three major phases (recovery, expansion and contraction / downturn), explaining that these three major phases are often divided into more phases in finance and economics texts.The most important point for investors to take from this episode is that after every major downturn, the economy, including stock markets, almost always bounce back, with a few exceptions (e.g., the Japanese market crash of the 1990s).Reach out to me on any social media platform with your questions and comments and check out my finance and economics blog on https://nosaugiagbe.blogspot.com/describe the and go into self-preser In this episode

In this episode, we welcome our first guest, Diran Otegbade, the Founder and CEO of www.realtor.ng, a real estate technology and marketing company.In the episode, Diran takes us through his transition from being a software developer at IBM in North America, to setting up one of the leading real estate tech businesses in Nigeria.We also talk about some of the fundamentals to look out for in real estate investing, giving really good examples with developments in the Greater Toronto Area in Canada, and Lagos, Nigeria. Diran also talks about various approaches to real estate investing.Diran, through his company, shares useful insights on the real estate market on their blog: https://realtor.ng/blog.As usual, please share this Podcast with one person you know, who may benefit from this. You can reach out to us and follow us on all of the following platforms:a) Twitter @nosaMUgiagbeb) Instagram @nosa_ugiagbec) LinkedIn https://www.linkedin.com/in/nosakhare-m-u-0a713583/You can also read our blogposts on https://smartinvestingwith.blogspot.com/

Please share this Podcast with one friend, colleague or family member who you believe will benefit from the contents that are addressed on the episodes.You can access the episodes via Spotify, Apple Podcast or YouTubeLeave a rating, a comment and send me your feedback or questions ona) Instagram @nosa_ugiagbeb) Twitter @NosaMUgiagbec) LinkedIn @ Nosakhare M. Ugiagbe

In this episode, I tried to categorize wealthy / rich people based on the path they took to building / generating wealth. I relied loosely on a classification made by Tom Corley, in one of his articles (https://www.cnbc.com/2019/09/27/4-main-paths-to-becoming-millionaire-here-is-the-easiest-way-says-money-expert.html) on CNBC. The four major paths to getting rich / becoming a millionaire are:a) Saver-investor pathb) Dream (pursuing a dream as an entrepreneur, sportsman/woman, artist, etc.)c) Company climbersd) VirtuososI also did a poll on twitter (@NosaMUgiagbe) to find out what path people thought was the easiest way to get wealthy. People who are born into rich homes or who marry into rich home were not considered, as we are trying to figure out the path that would work for everyday people like you, my audience.I also highlighted steps to be taken, especially, if you are following the Saver-investor path, to ensure that you can achieve your financial / investment goals. These steps are:a) Invest in yourselfb) Create and use a monthly personal financial budget and stick with itc). Save and invest consistentlyd). Create additional income streams8passive or active). It is easier to scale passive income that it is for active incomee). Pay off your debt if economic conditions allow and try to avoid debt that isn't investment related - Leverage can enhance your returnsf). take risk and do not procrastinateSome of the other articles mentioned on this episode include:a). How much annual income you need to be happy, beyond which increase in income doesn't necessarily lead to increase in the level of happiness: https://www.weforum.org/agenda/2018/03/how-much-money-do-people-need-to-be-happyb). Entrepreneurs do not have a special gene for risk. Most of them just come from families with money: https://qz.com/455109/entrepreneurs-dont-have-a-special-gene-for-risk-they-come-from-families-with-money/Please feel free to reach out to me on:a). twitter @NosaMUgiagbeb). Instagram @Nosa_Ugiagbec). LinkedIn @ Nosakhare M. UgiagbeSee you on the next episode!

This first episode gives a brief introduction about my background and why I am doing this podcast. it also helps set the context for subsequent episodes by introducing behavioural considerations when making financial and investment decisions.For feedback, questions and comments, or to appear as a guest on an episode, you can reach me on:a). Instagram: @smart_investing_with_nosab). Twitter: @NosaMUgiagbec). LinkedIn: Nosakhare M. Ugiagbe