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Aden Wilkins and David Andrew explore the psychology behind financial decision-making, drawing insights from Morgan Housel's award-winning book, The Psychology of Money. They discuss key concepts such as why no one's financial mindset is irrational, the difference between getting wealthy and staying wealthy, and why true wealth is often invisible. They also explore how different people play different financial games, emphasising the importance of understanding your own financial journey rather than comparing it to others. This episode is packed with practical wisdom on smart money habits, avoiding common pitfalls, and making financial decisions that align with your goals.(5:00 - 10:00) No one's crazy – How experiences shape financial behaviour(10:00 - 16:00) Getting wealthy vs. staying wealthy – Different skills required(16:00 - 22:00) Wealth is what you don't see (22:00 - 26:00) Why comparisons can be misleading(26:00 - 32:00) Investment mindsets and risk toleranceResources: The Psychology of Money: Timeless lessons on wealth, greed, and happiness : Housel, Morgan: Amazon.com.au: BooksFor more information on Capital Partners visit capital-partners.com.au. Have a question? Email us ask@capital-partners.com.au. This episode provides general advice only. Always refer to your financial adviser for advice about your personal circumstances. Capital Partners Consulting Pty Ltd AFSL 227148 trading as Capital Partners Private Wealth Advisers ABN 27 086 670 788.
Sam Owens breaks down his detailed process for confidently nailing job interviews–in 10 hours flat. — YOU'LL LEARN — 1) The biggest mistake people make in job interviews 2) How to craft your “power” answers for every question 3) The top do's and don'ts of salary negotiation Subscribe or visit AwesomeAtYourJob.com/ep987 for clickable versions of the links below. — ABOUT SAM — Sam Owens is the author of I HATE JOB INTERVIEWS and founder of Sam's Career Talk where he provides career coaching services and helps people land their dream jobs and thrive in them. He is also a chief marketing officer who has worked for three multi-billion dollar companies in the consumer packaged goods (CPG) industry. He is currently Chief Marketing Officer at Freezing Point, the makers of Frazil slushies. He and his wife, Gina, have four children and live in Erie, Colorado.• Book: I Hate Job Interviews: Stop Stressing. Start Performing. Get the Job You Want • LinkedIn: Sam Owens • Website: SamsCareerTalk.com — RESOURCES MENTIONED IN THE SHOW — • Book: The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel • Clip: Hitch (2005) - Dance Lessons — THANK YOU SPONSORS! — • Jenni Kayne. Use the code AWESOME15 to get 15% off your order!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Ready to uncover how to win RFPs, boost profits, and make a tangible positive impact – all while championing sustainability in your industry? Discover how to demystify sustainability and align your company's practices with environmental, social, and economic goals in the latest episode of Scaling UP! H2O. Host Trace Blackmore sits down with Andy Reimink, CEO of HOH Water Technology, Inc., to explore practical strategies for water professionals to embrace sustainability. Learn how small changes in energy efficiency, understanding sustainability scopes, and having sustainability data on hand can give your company a competitive edge in RFPs. Discover the economic benefits of environmental stewardship, including tax advantages and improved ROI. With insights from Andy's presentation at the AWT convention, uncover actionable tips for retaining younger employees by showcasing your company's positive impact on the world. Whether you're a seasoned professional or new to the industry, this episode offers valuable tools to enhance your company's sustainability outlook and drive long-term success. Join the conversation and discover how sustainability isn't just a buzzword—it's a pathway to a more resilient and prosperous future for your company and the planet. Tune in now to start making a difference! Timestamps 01:00 - Earth Day 2024 and Upcoming Events for Water Treatment Professionals 9:00 - Interview with Andy Reimink, Chief Executive Officer at HOH Water Technology 01:03:45 - Drop by Drop With James McDonald Quotes “Our clients, whether we know it or not, care about our sustainability because it affects their bottomline or reputation.” - Andy Reimink “Publicly traded companies have RFPs (Request for Proposal), but it's going to become commonplace for smaller water treatment companies. I expect it to grow in intensity.” - Andy Reimink “Data centers have a lot of pressure to be as sustainable as possible.” - Andy Reimink Connect with Andy Reimink Phone: 616.901.9769 Email: areimink@hohwatertechnology.com Website: hohwatertechnology.com LinkedIn: linkedin.com/in/andy-reimink-a7711711/ linkedin.com/company/h-o-h-water-technology-inc-/ Links Mentioned EarthDay.org What are Scopes 1, 2 and 3 of Carbon Emissions? LEED Exam Preparation and Continuing Education Sense Energy Monitoring System TED TALK: (how to wash and dry your hands) How to use one paper towel | Joe Smith 122 The One with Reid Hutchison 123 The Other One with Reid Hutchison 127 The One With Tom Hutchison 236 The One Where We Talk About Waters Treaters Changing The World 287 The One About How To Create Aligned Employee Engagement 358 Safety First: Practical Tips, Big Results in Water Treatment The Rising Tide Mastermind Scaling UP! H2O Academy video courses AWT (Association of Water Technologies) Books Mentioned Never Split The Difference by Chris Voss Greenlights by Matthew McConaughey The Dream Manager: Achieve Results Beyond Your Dreams by Helping Your Employees Fulfill Theirs by Matthew Kelly The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel Drop By Drop with James In today's episode, we're asking ourself, “What If?” What if the acid feed stops working on a cooling tower? What happens if suddenly there is no acid being fed to a cooling tower on an acid-control program? Does something happen immediately? Does something happen gradually? Where within the system could this something happen? How long could this lack of acid feed occur before anyone would find out? How could you determine remotely that the acid feed had stopped working? What alarms could be setup? Once the problem has been determined, should the acid feed be turned back on immediately? Could turning the acid feed back on immediately cause any problems within the system? What should be communicated to the end user about this occurrence? What could be done to prevent it from happening again? Should blowdown be adjusted during the response to the lack of acid feed? How might the other water treatment chemicals be impacted due to the lack of acid? A cooling tower's water treatment program is an expertly-balanced chemistry. If one part is negatively impacted, it may very well impact the other parts of the chemistry as well. There's a lot to think about when just one part goes wrong. Knowing the root cause will help prevent you from chasing your tail when trying to get the program back under control. 2024 Events for Water Professionals Check out our Scaling UP! H2O Events Calendar where we've listed every event Water Treaters should be aware of by clicking HERE or using the dropdown menu.
Join Murray Neilson, Business Development at Nicola Wealth Management as he delves into the crucial aspects of financial discipline and strategic wealth planning for CEOs. Despite not having financial role models early in life, Murray's journey led him to profound insights and discipline thanks to the innovative approaches at Nicola Wealth. He shares his transformative experience and the pivotal role of surrounding oneself with game-changers in the financial arena. In his day-to-day life, Murray leads client development and relationship management for Nicola Wealth Management, a full-service wealth planning firm. As a highly regarded advisor, business leader, speaker, and moderator, Murray tirelessly works to help his clients rise to their potential and expect more from life. Hear how Murray's talent for bringing together diverse groups of people to problem-solve, collaborate, and accelerate goal achievement. With a unique blend of listening, leadership, and questioning, Murray infuses every interaction with a strong sense of fun and dedication. Murray's influence extends beyond the boardroom. Community contribution is deeply ingrained in his values, and he actively participates in various industry and community organizations. Based in Vancouver, Murray, alongside his wife Patty, has raised their three children. Murray is an avid tennis player and a proud grandfather of 14 amazing grandchildren. Murray understands the importance of stability and happiness, both in finances and in personal relationships. Dive into this episode to uncover the specific pitfalls that ensnare many CEOs and learn how to navigate the complex landscape of wealth management with discipline, insight, and game changers by your side. TODAY'S BOOK RECOMMENDATION: ‘The Psychology of Money: Timeless lessons on wealth, greed, and happiness', by Morgan Housel JOIN A MACKAY CEO FORUMS GROUP TODAY: MacKay CEO Forums brings results-oriented CEOs, Executives, and Business Leaders together to solve their toughest problems and maximize opportunity through peer learning and support. Learn more. CONNECT WITH MACKAY CEO FORUMS: LinkedIn | Facebook
Grab a signed copy of Same as Ever and The Psychology of Money from The Painted Porch!Morgan Housel is a partner at The Collaborative Fund. His book The Psychology of Money: Timeless lessons on wealth, greed, and happiness is a deep dive into the psychology of money and investing, especially how personal history shapes one's view of economic risk, the implications of not understanding the future, being rich vs. being wealthy, how we measure success, the problem with social comparison, and much more. It has sold over 1.9 million copies and has been translated into 46 languages. Morgan is a two-time winner of the Best in Business Award from the Society of American Business Editors, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He serves on the board of Markel and has presented at more than 100 conferences all over the globe.Website: morganhousel.com Twitter: @morganhousel
In this episode of Live Full Work Fun, host Gayla Scrivener has a conversation with Evan Cox. Evan is a StoryBrand Certified Guide with over fifteen years of experience serving businesses, nonprofits, and their leaders. Evan redefines marketing, presenting it not just as an advertising or selling tool, but a powerful means to build meaningful relationships and understand audience needs. Beyond marketing, he believes in providing clear support to your mission, shunning sleazy tactics and ambiguous metrics, and becoming a reliable partner for your audience. Whether you're an entrepreneur exploring self-discovery or a small business owner keen on enhancing your communication strategies, Evan shares valuable insights as a seasoned professional dedicated to ethical and effective marketing. Episode Highlights: A fresh look at marketing as a tool for building relationships The powerful role of words in marketing and communication Entrepreneurship as a form of self-discovery The importance of forward-thinking and continuous improvement The role of a consultant in empowering clients Valuable resources for understanding storytelling in marketing and improving your relationship with money The significance of perspective in your entrepreneurial journey Continue the conversation. Join the Live Full Work Fun Facebook group and share your biggest takeaway from this episode. Additional Resources: The Psychology of Money: Timeless lessons on wealth, greed, and happiness | Morgan Housel Free Resources from Evan Cox Consulting Connect with Evan Cox: Website: https://evancoxconsulting.com/ LinkedIn: https://www.linkedin.com/in/evancox1/ Connect with Gayla: Website: https://www.gaylascrivener.com/ LinkedIn: https://www.linkedin.com/in/gaylascrivener/ Facebook: https://www.facebook.com/GaylaScrivenerWorkFromAnywhere/ Instagram: https://www.instagram.com/gscrivener/ This episode is brought to you by Scrivener Social. The easy-to-use social scheduling platform built for the busy solopreneur. Go to ScrivenerSocial.com and schedule a demo today!
With April here, today's Mindset Monday is about financial resources you can read to work towards improving your finances. A couple I recommend include: Get Good with Money: Ten Simple Steps to Becoming Financially Whole by Tiffany Aliche Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! By Robert Kiyosaki You Are a Badass at Making Money: Master the Mindset of Wealth by Jen Sincero We Should All Be Millionaires: A Woman's Guide to Earning More, Building Wealth, and Gaining Economic Power by Rachel Rodgers The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth by T. Harv Eker Start April right by reading one of these books! Hit play on this episode. Host Information Website Instagram Podcast Instagram
It's fair to say that our education system is flawed, but that's especially true when it comes to educating kids about money. Financial literacy still isn't being taught in schools no matter how much we talk about it–and what you do learn is the same stuff that was being taught 20 or 30 years ago. Today's guest, Vince Shorb, is on a mission to change that. He's the CEO of the National Financial Educators Council. After spending 15 years in financial services, he's developed over 2500 financial education programs and is empowering students through financial literacy. Vince's work has been featured in publications on USA Today, CNBC, Yahoo Finance, Forbes, CNN Money, MarketWatch, Fox Business, Huffington Post, NASDAQ, and Business Insider. In today's episode, we explore why we have this problem with our education system, how families can teach financial literacy before their kids make major mistakes later in life, and why financial education is so much more than management and budgeting. Key Takeaways: Why financial education programs aren't changing or improving. The mistakes Vince made in his early twenties showed him the need for his life's work. How to teach young people to shake the influence of advertising and live in alignment with their values. What Vince is doing to take financial education beyond simply knowing how to balance a budget. How moving to a cashless society encourages bad decisions. Interview Resources: Vince Shorb National Financial Educators Council National Financial Educators Council on Facebook | X/Twitter | LinkedIn Vince Shorb on LinkedIn The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel
In dieser Folge spreche ich mit Francesca Barbara-Eckert.Francesca, ursprünglich aus Berlin, lebt heute seit über 8 Jahren mit ihrer Familie in Zürich. Mit einem akademischen Hintergrund in BWL und VWL und einem Master in Finance, war sie fest in der Finanzbranche verankert.Doch nach der Geburt ihrer beiden Söhne, die jetzt 4 und 3 Jahre alt sind, fand sie sich in einer Umbruchphase wieder. Nachdem sie ihren Job in der Finanzbranche verloren hatte, insbesondere aufgrund ihrer schnellen Schwangerschaft mit ihrem zweiten Sohn, musste sie sich neu orientieren.Aber aus dieser Herausforderung heraus entstand eine neue Passion: Frauen zu helfen, ihre Finanzen zu verstehen und für die Zukunft vorzusorgen.Highlights der Episode:Francescas Wendepunkt: Jobverlust in der FinanzbrancheFinanzielle Abhängigkeit vom Partner – Wie geht man damit um?Gründung von "Femminvest" mit dem Ziel, Frauen über die Bedeutung der Vorsorge und des Investierens aufzuklärenÜberwindung traditioneller GeschlechterrollenGeld und Finanzen als TabuthemaFemale Financial EmpowermentMoney Mindset – Was geben wir unseren Kindern mit?Francesca Barbera-Eckerts Reise von einer erfolgreichen Karriere in der Finanzwelt zu einer leidenschaftlichen Beraterin, die Frauen in finanziellen Angelegenheiten unterstützt, zeigt, wie Wendepunkte im Leben uns neue Perspektiven und Möglichkeiten eröffnen können.Ihre Geschichte betont die Wichtigkeit der finanziellen Bildung für Frauen und wie es möglich ist, sowohl eine erfüllende Karriere als auch ein erfülltes Familienleben zu haben.Es ist eine Erinnerung daran, dass Wissen Macht ist und dass es nie zu spät ist, die Kontrolle über unsere Finanzen und unser Leben zu übernehmen.Francescas Buchempfehlungen:"Fair Play Share the mental load, rebalance your relationship and transform your life" von Eve Rodsky“The Psychology of Money - Timeless lessons on wealth, greed, and happiness” von Morgan Housel@femmeinvest_byfrancescafemmeinvest.deViel Freude beim Zuhören!COPYRIGHTS: Foto von Francesca: Farina Deutschmann Sound: Midnight Stroll by Ghostrifter Official
This edition of The Weighing Machine marks the inaugural episode of "What's on Your Bookshelf," a segment that delves into the personal libraries of guests. This literary journey begins with exploring Dr. Daniel Crosby's bookshelf, Orion's Chief Behavioral Officer. What makes this edition so extraordinary is its unique focus on the world of books and their impact on Dr. Daniel's life. From the book that has left a mark on his heart and mind to the oldest resting on his bookshelf, this episode goes deep into the world of literature. Key Takeaways [02:24] - The book that's had the most significant impact on Dr. Daniel's life. [04:34] - The books that he has given most. [08:34] - Books Dr. Daniel authored that he is most proud of. [11:31] - Best books in finance Dr. Daniel has not written. [14:11] - Favorite author. [15:48] - The story behind the oldest books on Dr. Daniel's bookshelf. [20:23] - Annual book selection. [23:17] - Criteria for purchasing new books. [27:07] - The book that challenges his perspective. [32:52] - Dr. Daniel's take on the impact of AI on the financial industry. [34:09] - Favorite investment strategy. [35:11] - How Dr. Daniel maintains his physical and mental energy. [37:07] - The people Dr. Daniel is thankful for professionally. [39:54] - Podcast recommendations. Quotes [03:03] - "The most valuable part of my education was having to ground your interventions and thinking in a philosophy and make sure that the things that you were doing with clients were underpinned by research and theory and just some consistent thinking and not just grab baggy." ~ Dr. Daniel Crosby [21:40] - "Behavior change is the root of everything I do. I love the themes of reinvention. I am a foolish optimist in thinking that even really wayward people can, at any moment, turn it all around and totally reinvent themselves and do differently." ~ Dr. Daniel Crosby Links Dr. Daniel Crosby on X Orion Behavioral Finance Standard Deviations with Dr. Daniel Crosby How to Disappear Completely by Radiohead Either/Or - Album by Elliot Smith Turn! Turn! Turn! (To Everything There Is a Season) by The Byrds Tetragrammaton - "Rory Sutherland" with Rick Rubin Man's Search for Meaning by Viktor Frankl Bonds That Make Us Free: Healing Our Relationships, Coming to Ourselves by C. Terry Warner Leadership and Self Deception: Getting Out of the Box by The Arbinger Institute You're Not That Great by Dr. Daniel Crosby The Laws of Wealth: Psychology and the secret to investing success by Dr. Daniel Crosby The Behavioral Investor by Dr. Daniel Crosby Everyone You Love Will Die by Dr. Daniel Crosby Nudge: Improving Decisions About Health, Wealth, and Happiness by Richard H. Thaler and Cass R. Sunstein The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel Thinking, Fast and Slow by Daniel Kahneman The Little Book of Behavioral Investing: How not to be your own worst enemy by James Montier Either/Or: A Fragment of Life by Soren Kierkegaard The Little Prince by Antoine De Saint-Exupéry The Giving Tree by Shel Silverstein The Tree Who Set Healthy Boundaries by Topher Payne Thidwick the Big-Hearted Moose by Dr. Seuss A Christmas Carol by Charles Dickens Ametora: How Japan Saved American Style by W. David Marx The Righteous Mind: Why Good People Are Divided by Politics and Religion by Jonathan Haidt Behavioral Portfolio Management: How successful investors master their emotions and build superior portfolios by C. Thomas Howard The Creative Act: A Way of Being by Rick Rubin Viktor Frankl's Logotherapy Dr. Crosby's Behavioral Finance Reading List Connect with Us Meet Rusty Vanneman, Orion's Chief Investment Officer Check Out All of Orion's Podcasts Power Your Growth with Orion 2602-OPS-9/19/2023
Bill & Becky chat with our first surprise mystery guest! Check it out! Resources mentioned on the show: TSP (Thrift Savings Plan) Grit: The Power of Passion and Perseverance by Angela Duckworth The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel Dave Ramsey Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! By Robert Kiyosaki Rich Dad's Cashflow Quadrant: Rich Dad's Guide to Financial Freedom by Robert Kiyosaki The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life by J.L. Collins I Will Teach You To Be Rich by Ramit Sethi Audio from The Unshakeable Podcast with Tony Robbins: Part 1 and Part 2 Afford Anything with Paula Pant YNAB (You Need a Budget) Playing with FIRE Documentary The Stacking Benjamins Show Catching Up to FI Episode 022: Purpose, Identity, & Connection with Jordan Grumet Jillian Johnsrud's Mini Retirements Die With Zero: Getting All You Can from Your Money and Your Life by Bill Perkins ChooseFI 101 ChooseFI Podcast Essential Listening Guide Dexa AI The Kinetic Man stephen@thekineticman.com
In this week's podcast, Paddy has a fantastic chat with Brad Barret the MD of a $5Bn planning firm. Brad is a Managing Director with One Capital Management. He advises private individuals and families on their personal investment and advanced planning needs. In addition, he oversees the firm's Retirement and Corporate Services practice. His firm manages nearly $5 Billion dollars for thousands of families across the United States and abroad. Brad is the author of, Retire Right: Secure the Right Path to Your Retirement - here is the link to his book on Amazon, and here is a link to his website. He is also the host of two podcasts, Make Your Money Matter and Pension Attention. Make Your Money Matter with Brad Barrett Key topics include: Favourite part of being a financial advisor Stork theory Personalising the approach for each client Making your money matter Approaching giving I hope you find it helpful! The Psychology of Money: Timeless lessons on wealth, greed, and happiness
On this episode of Gathering The Kings, we welcome Bob Rubin, the brains behind Rubin Wealth Advisors to join host, Chaz Wolfe, at the king's table. With 25 years of entrepreneurial experience under his belt, Rubin has carved a unique niche for himself in the world of investment, targeting only politically like-minded clientele. His entrepreneurial journey has seen him found an adrenaline-packed venture, Machine Gun America, a gun range giving enthusiasts an exciting outlet, and create a 'wokeness' evaluation system to decide investment-worthy businesses.Our conversation with Rubin travels through the interesting terrain of conservative wealth management, diving into the mechanics of kick-starting an investment journey. He shares his insights on why it's critical to embrace discomfort to reach your goals and sheds light on how to navigate challenging decisions with your spouse with grace and respect. Ready to get your mindset shaken and stirred? Hit play and let's get started! #entrepreneur #podcast #businessowner #entrepreneurmindset #financialadvisorDuring this episode, you will learn about;[00:56] Intro to Bob and his business[02:57] Bob talks about how he became a niche wealth advisor[07:09] The origin story of Bob's love of entrepreneurialism and free enterprise[09:45] Where does Bob's passion for finance and investing come from?[17:21] Bob's practical advice on how to start saving money today[20:11] 3 practical good decisions that Bob encourages you to make[21:50] A decision that Bob wishes he would have made sooner[24:07] What held Bob back from making that decision?[31:13] How does Bob obsess over family and business at the same time?[34:43] What advice would Bob give to the younger version of himself?[36:03] How to connect with Bob[37:13] Info on Gathering The Kings MastermindNotable Quotes"Get married and choose a really good partner. Don't marry an idiot." - Bob Rubin"Smart people learn from their own mistakes, but wise people learn from the mistakes of others." - Bob Rubin"Don't pass up the good in the search for the perfect." - Bob Rubin"You don't want to wait to make it perfect." - Chaz Wolfe (Host)Books and Resources Recommended:Housel, Morgan. The Psychology of Money, 2020.The Psychology of Money: Timeless lessons on wealth, greed, and happiness: Housel, Morgan: 9780857197689: Amazon.com: BooksLet's Connect!Bob Rubin's Info:Website: https://www.rubinwealthadvisors.com/LinkedIn: https://www.linkedin.com/in/bobrubinwa/Twitter: https://twitter.com/BBRubin1Chaz Wolfe (Host): Linktree: https://linktr.ee/chazwolfeWebsite: www.gatheringthekings.comFacebook: https://www.facebook.com/chazwolfe/Facebook: ...
In this episode: investing, losing money hurts, pessimism, optimism, index funds, psychology, history, and building wealth. Whether you're a confident investor or weary of playing the market, there is still a lot to be learned when it comes to your investments. This week we are re-joined by friend of the podcast Brian Feroldi to discuss important truths and takeaways he's learned as a decades-long investor, from navigating the psychology and history of the market, to focusing on longevity and simplicity rather than getting rich quick. When listening to this episode, remember that playing the market doesn't have to be a complicated game, and no one should feel un-equipped to invest! Just be sure to understand that investing will never be a perfect journey, and preparing yourself for low points may help you make better decisions in the long run! Brian Feroldi: Website: brianferoldi.com Twitter: @brianferoldi Book: “Why Does The Stock Market Go Up?: Everything You Should Have Been Taught About Investing In School, But Weren't” By Brian Feroldi Timestamps: 0:41 - Introduction 4:27 - You Will Be Wrong 9:45 - Losing Money HURTS 12:54 - Humans Are Naturally Bad Investors 16:09 - Pessimism And Optimism 20:22 - The Power Of Index Funds 22:31 - The Power Of History And Psychology 24:45 - Avoiding Ruin Is A Skill 28:56 - Keeping It Simple 35:24 - To Build Wealth, You Need To Invest 37:50 - Conclusion Resources Mentioned In Today's Episode: "Poor Charlie's Almanack: The Essential Wit and Wisdom of Charles T. Munger" by Charles T. Munger "The Psychology of Money: Timeless lessons on wealth, greed, and happiness" by Morgan Housel "Expectations Investing: Reading Stock Prices for Better Returns" by Michael J. Mauboussin Subscribe to The FI Weekly! More Helpful Links and Resources: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Keep learning or start a new side hustle with one of our educational courses Commission-Free Investing with M1 Finance
What if you could shape the future of your business exactly as you desire? Imagine having clarity on what you truly want from your business and envisioning its trajectory even after you leave. Would you choose to maintain it as a thriving financial asset, allowing you to bask in the sun at the beach while escaping the daily grind? Or perhaps you adore the day-to-day operations but crave the freedom of being financially secure. If you find yourself unsure about how to navigate forward or explore the exit options available to you, then this podcast episode is an absolute must-listen. Your future awaits, and the only thing missing is your decision on what that future looks like. Every business owner has their own hopes and dreams of the future, which is why Ryan Tansom, founder of Arkona, built his company. He helps business owners “Get clear on what they want their leadership role to be, and how they want it to evolve on the way toward your target equity valuation.” Once that is nailed down, business owners can “Clarify a target equity valuation they want at a point in the future as well as the income they want along the way.” When Ryan is involved in the Intentional Growth plan, it will “Save money and reduce conflict with any stakeholders (partners, investors, family members) by getting alignment on your long-term goals.” So why wait, let's start planning your future. Your future awaits, and the power to shape it lies within your hands. As a business owner, you hold unique hopes and dreams for what lies ahead. Understanding this, Ryan Tansom, the visionary founder of Arkona, established his company to guide entrepreneurs like you. His mission is to empower business owners to gain clarity on their desired leadership roles and envision the evolution toward their target equity valuation. By working with Ryan and embracing the Intentional Growth plan, you can embark on a transformative journey. First, you will define the precise nature of your leadership role and chart its evolution in alignment with your objectives. Simultaneously, you will determine a target equity valuation for the future, as well as the income milestones you wish to achieve along the way. This strategic clarity not only paves the path to your desired financial outcomes but also serves as a catalyst for savings and minimizes conflicts with critical stakeholders such as partners, investors, and family members. Through the Intentional Growth Framework, you can forge alignment on your long-term goals, fostering a harmonious and prosperous business ecosystem. Why wait any longer? The time has come to embark on this transformative journey and shape the future you envision for your business. Let's scale up on knowledge today and start planning the extraordinary future that awaits you. Timestamps Trace Blackmore shares 10% off the CWT Prep Course with you. Visit scalinguph2o.com/cwtprep and use code "CWT10" at checkout [1:00] Upcoming Events for Water Treatment Professionals [5:00] Periodic Water Table With James McDonald [8:40] Interview with Ryan Tansom, the visionary founder of Arkona [11:00] Lightning Round Questions [49:00] Quotes “Intentional Growth: Purposeful action toward a clearly identified outcome.” - Ryan Tansom “When you own your own business, there is no Plan B, it's all on you.” - Ryan Tansom “Think about your company as an asset: monetize when and how we want without sacrificing what's important to us.” - Ryan Tansom “It is possible to engineer the outcome that you want as long as your expectations and reality around time, capital, and energy are aligned with your goal.” - Ryan Tansom “What is your existing goal: What do you want from the business and why come up with a target equity valuation you want at a point in time? What do you want your leadership role to evolve to on the way to your exit?” - Ryan Tansom Connect with Ryan Tansom Phone: 612.720.6530 Email: ryan.tansom@arkona.io Website: arkona.io Podcast: arkona.io/podcasts LinkedIn: in/ryan-tansom-4a440710/ company/cfoadvantage/ Facebook: @ryan.tansom Twitter: @RyanTansom Read or Download Ryan Tansom's Press Release HERE Links Mentioned Intentional Growth™ Boot Camp Inc. Magazine The Hang The Rising Tide Mastermind Scaling UP! H2O Academy video courses Submit a Show Idea 2023 Events for Water Professionals Check out our Scaling UP! H2O Events Calendar where we've listed every event Water Treaters should be aware of by clicking HERE or using the dropdown menu. Books Mentioned Finish Big: How Great Entrepreneurs Exit Their Companies on Top by Bo Burlingham Small Giants: Companies That Choose to Be Great Instead of Big by Bo Burlingham Start a Successful Business (Inc. Magazine): Expert Advice to Take Your Startup from Idea to Empire by Colleen DeBaise Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game by Walker Deibel The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel Why We Sleep: Unlocking the Power of Sleep and Dreams by Matthew Walker Magicians of the Gods: The Forgotten Wisdom of Earth's Lost Civilization by Graham Hancock Thinking Fast And Slow by Daniel Kahneman The Advantage by Patrick Lencioni Podcasts Mentioned Arkona Podcast The Founder Huberman Lab Periodic Water Table With James McDonald Sulfuric Acid: What are all its uses in industrial water treatment, for both water treatment and testing? What is its chemical formula and molecular weight? When used for pH control in cooling towers, what is the feed ratio of sulfuric acid to alkalinity? What can happen when sulfuric acid is overfed? How does the density of sulfuric acid compare to water? What concentrations of sulfuric acid are used in water treatment? When combining acid and water, which should be added to which? Should acid be added to water or vice versa? What are the consequences if you get this wrong? Can feeding sulfuric acid actually cause scale formation? What alternative acids are available? Can bacteria produce sulfuric acid?
Michael "Mike" Kemp is a multiple-time author, super-successful private investor, former dentist, student of history and former analyst at Barefoot Investor. This podcast is the extended version of what's already appeared on The Australian Finance Podcast. It was also FILMED. In this special episode, Mike Kemp joins Owen Rask and Kate Campbell for a discussion about history, the future, human nature, his investment process, economics and living a life of purpose. VIDEO VERSION: https://youtu.be/u_oH7AU0DyU Episode resources: Mike's Book: The Ulysses Contract (Booktopia) Devil Take the Hindmost: A History of Financial Speculation Thinking Fast and Slow The Psychology of Money: Timeless lessons on wealth, greed, and happiness ~~ Resources ~~ Rask Events Roadshow: https://www.rask.com.au/road ASK A QUESTION HERE Join Owen's Rask Core
In the One for the Money podcast, we've been discussing finances and children in our recent episodes. In the previous episode, we covered lessons for kids a few years away from adulthood. In this episode, we will focus on investing for kids only a few years old. Don't miss out on the end of the episode, where we'll discuss how a new law has made 529s even more valuable.In this episode...Improving investment returns with time [01:56]UTMAs and UGMAs [03:43]Setting up a kid Roth [08:10]The power of 529s [11:54]Turning a 539 into a Roth IRA for your kids [15:35]Time is crucialMoney invested in the stock market should always be for the long term. The short term poses a high level of risk, while the long term yields significant rewards. The amount of time invested in the market profoundly affects returns, as it is the exponent in the compound interest formula. Compared to other factors, time has the most significant impact on investment returns.Maintaining a healthy lifestyle through diet and exercise can add time to our lives, but we cannot go back in time and invest earlier. However, we can encourage our children to invest as soon as possible to increase their investment time horizons.Investments for childrenThe Uniform Transfers to Minors Act (UTMA) is a law that permits minors to receive gifts without the assistance of a guardian or trustee. The gifts may include money, patents, royalties, real estate, and fine art. Children can receive these gifts directly without an additional step involving parents, guardians, or trustees. While most of these gifts are arranged by parents to provide assets for their children, some minors have a guardian or trustee instead. An extension to UTMA is UGMA (Uniform Gifts to Minors Act), which expands the types of assets you can give. While UGMA only allows financial products like stocks, bonds, and mutual funds, UTMA includes both financial and physical assets. Once the child reaches legal age, they no longer require a custodian and can spend the money as they please. The age they become legally independent is determined by their state of residence, usually 18 or 21 years old, but each state has the option to adopt and amend the UTMA.College savings and 529sA college savings account, also known as a 529, is a great investment option for our children's future. Currently, the total student loan debt in the US is a staggering $1.7 trillion, making it the second-highest consumer debt category after mortgage debt. Surprisingly, due to government regulations and unintended consequences, Americans owe more money on school loans than credit cards and auto loans combined.529s may seem simple at first glance, but they offer a range of benefits beyond their basic strategy. You can designate any person as a beneficiary and even save for future college expenses or for children who have not yet been born. Additionally, changing the beneficiary is allowed at any time. Parents and grandparents can start saving now to ensure a brighter financial future for their heirs, taking advantage of the power of compounding interest.Securities and Advisory services offered through LPL Financial. A registered investment advisor. Member FINRA & SIPC.Resources & People MentionedThe Psychology of Money: Timeless lessons on wealth, greed, and happinessUniform Transfers to Minors Act (UTMA): What It Is, How It WorksUGMA-UTMA Account: The Benefits of One | Vanguard
How does it feel to invest at a young age? That's what our guest Brendon Davis will share with us on today's episode. At an early age, this gentleman began his investment journey with a small amount of money in his pocket. Under the guidance of his mentor and after reading a number of investment books, he decided to take the plunge. While it wasn't an easy route for him since he encountered problems along the way, he views it as a learning experience. Following that, he decided to collaborate with his brother, and together their business built an impressive portfolio because their abilities blended well together. Brendon Davis comes from a long line of first responders. His father and uncle have both been in this profession for generations, which influenced him to follow in their footsteps. But he did not stop there; investing in real estate has intrigued him since he was a child. Being driven by a mentor and reading a lot of investment books. At the age of 20, he bought his first apartment building. Together with his brother Austin and their friend Dominic, they built their own company. Why you need to check today's episode: Learn about the ways you can invest if you do not have the money to do so. Which methods could you use to start? Understand how FHA loans work and the requirements for getting one. If you had no idea that the house you bought was a bad investment for you, how would you handle it? Discover what a Land Contract is and whether it's the right option for you as a buyer or seller. “It's all about finding the right deals and making sure that you're getting into the right deals for the right reasons for sure.” - Brendon Davis Topics Covered: 1:09 - “I started in the fire service when I was 22. My father, it's kind of been one of those things that just runs in the family. My father was a fireman, my uncle was a fireman, and my uncle's uncle was a fireman. So everybody kind of went in that direction.” Brendon explains how he got into the service and why he decided to follow this path. 6:22 - “So I bought my first four units when I was 20. And I've utilized a mentor and my coach kind of help me through that path and, kind of get my foot in the door in real estate. So that's kind of how I started.” Why did he decide to enter the real estate industry? Why did he think that this was a good investment? 10:21 - “I did it the old school way, there are so many different ways to do it now. And it's so nice to have the resources at your fingertips. But at the time, the strategy was to go around, write all the addresses down, and bring all the addresses down to the tax assessor. It's public information, you can find out who owns the property, and send them a letter.” Despite only having a little money in his pocket, Brendon shares how he started his investment. At the time, what were his strategies? 13:36 - “Those not familiar, could you explain why the FHA loan is a benefit, I'm sure Tyler could touch on that also, and going with a multifamily property, using an FHA loan, kinda like what the benefits were, what that looked like for you financially because I would imagine you were living for either next to nothing or actually making a profit by living there.” Tyler, Mike, and Brendon discuss the benefits of an FHA loan 17:04 - “So that building I did end up giving back to him because it was a complete nightmare. It was bad from the get-go. There were bad tenants. There was one main tenant that was kind of scaring some other tenants out. It was not a great neighborhood. Basically, the straw that broke the camel's back was somebody thought I shut their water off. It was a duplex that had the units all split up. And there was a water pipe that went outside they thought that I shut the water off. But in actuality, it froze. Because they weren't paying their rent they thought to shut it off. And they went down and turn every spigot in the basement and the steam radiators. It was water everywhere. It was bad.” Every bad experience teaches you a lesson. Buying a bargain does not always mean getting a good deal. It is inevitable that you will face problems from time to time. But experience is your best lesson in life. 22:56 - “The land contract just says that it's a contract between a buyer and a seller, nothing really changes hands. As far as the mortgage, the deed doesn't change hands. So everything kind of stays in the seller's hands.” Here's what Brendon explains about a land contract. In what way does the transaction work between the buyer and the seller? 28:56 “Creative to me is just so impressive because it literally opens your bucket. I mean you're casting a much wider net. And it's interesting to me, as far as that goes. And it's weird cuz like I said, California until recently, I haven't really heard it. And now it's definitely becoming a buzzword with interest rates going back up and I know in the 70s and 80s It was huge too. So I'm sure it will be cut and become much more commonplace. So people can that are listening. If they can educate themselves on any type of creative finance, whether it's owner financing or anything of the sort, I think it'd be a huge benefit in the next couple of years. As Tyler points out, creative financing offers investors a number of advantages. 31:26 - “My brother and I kind of partnered and I realized he's very mechanically inclined, we have a really good partnership, we can walk through a building and obviously, through the fire department, I have a pretty good grasp of construction as well. But I utilize him or we utilize each other for each other skills. And my skill set is more towards the deal, finding the marketing, leasing, and stuff like that he is more geared towards the construction. And so we really kind of found a good partnership with that we did a couple of burrs, and we did another house hack. The partnership Brendon had with his brother succeeded because they blended well together. Their portfolio looks good and their collaboration is working well. 33:57 - “So that's one aspect of the value add that we use, the coin app was already there. That's a nice feature for some tenants, especially in a rural area where that is so that way, they're not having to go far if there's no unit laundry. And then as far as the development, my brother and I, have a separate project on one of the first eight units that we bought, which has some land that is buildable that we're working on right now. But this but we look through it.” There is an opportunity to generate additional revenue by offering a coin-operated laundry on-site. 48:20 - “I think if you're gonna raise funds with just people in your direct ecosystem, keeping it simple not to insult their intelligence, obviously, but just explaining on a very elementary scale, like what it looks like.” How to raise funds with just people in your ecosystem. 55:39 - “Focus, I've done a lot of stuff between doing the fire department and trying to have your regular day job. And then we created a framing company at one point, we let some of our apartments go to have a lot of people and rent collections because we didn't have the time to go over and fix the apartments once they were the tenants vacated because we were spread too thin between doing contracting and framing.” A piece of advice Brendon would give to himself when he was younger Key Takeaways: “There wasn't a lot of capital outlay at first, but I believe I spoke to him last week, I believe they ended up selling it too. And I was like, to your point, my thought was man, just rip the band-aid off right now that is sometimes a bad property is a bad property no matter what you do. It's just not going to pencil out. And I said, Just rip it off. Now. Move, we'll move along and just, hey, it's a mistake, right? Or not a mistake. It's a good learning experience.” - Tyler Thrush “Part of being creative, too, sometimes is like, what we've always found is like, you got to be a problem solver. And a lot of times some solutions can come up through problem-solving that can kind of benefit both parties. And creative financing is a big one. Because a lot of times now, with the bigger properties that we're looking at there, you gotta go off the market, you're going direct to the seller a lot of times, and not everybody's looking to sell right away. So we've always taken to the idea of like, then if you have a problem, we'll figure out how to solve it.” - Brendon Davis “If I own a property and say, my mortgage payment is $1,000. I could sit there and add the taxes, I could add up the insurance. So let's just say that's $1,200 I could then go sell it to Brendon, for an agreed-upon price. So let's just say I owe 100,000, I might sell it to him for 150. And then I can roll that mortgage payment of 1000 plus the taxes and insurance that are escrowed into that so he would pay me 1200 bucks a month. I would pay my mortgage payment and then whenever he paid his last payment, the deed would transfer legally to him. So it's a creative structure. It's a way that basically you can buy the property with maybe a little out of pocket, or maybe somebody that's ready to just retire, whatever the case may be. Again, and it's largely state-specific, there are certain languages and contracts that are used in different parts of the country. So I would encourage you if that's something that's interesting, like just dive into your state-specific laws, because it's, it's not easy to paint with a broad brush on a lot of that stuff. But that stuff blew my mind. I didn't know that was an option when I got into real estate.” - Mike Webb “If you listen to the news right now it's like oh, the markets are terrible all these things. Yet, Blackstone chases all these multi-billion dollar companies that are all raising and deploying funds into real estate. So it's just it's so funny how I think it's a distraction for us. But man, there's a lot of money to be made right now. “ - Tyler Thrush Resources Mentioned: Rich dad poor dad: Rich Dad Poor Dad: The #1 Best-Selling Personal Finance Book Ever The Art of the Deal: Trump: The Art of the Deal by Donald J. Trump | Goodreads Shut Up, Stop Whining and Get a Life: Shut Up, Stop Whining, and Get a Life: A Kick-ButtApproach to a Better Life-Second Edition, Revised& Updated: Winget, Larry: 9781118024515: Amazon.com: Books Traction: Traction by Gino Wickman | Goodreads Psychology of Money: The Psychology of Money: Timeless lessons on wealth, greed, and happiness: Housel, Morgan: 9780857197689: Amazon.com: Books Connect with Brendon Davis Linkedin: DAB3 Group, LLC: About | LinkedIn Facebook: DAB 3 Group, LLC | Facebook Website: Our Story – D.A.B 3 Group (dab3group.com) Connect with First Responder Financial Freedom: Website: https://firstresponderfinancialfreedom.com/ Facebook Page: https://www.facebook.com/First-Responder-Financial-Freedom-104285545708905 Facebook Group:https://www.facebook.com/groups/516680892660393 YouTube: First Responder Financial Freedom - YouTube
The world tells us that we need to DO it all and HAVE it all to be enough. As a result, many of us struggle to chase success and the almighty dollar that comes with it. We marvel at our stuff and want others to do the same. Or we compare ourselves to others and wonder why we can't afford what everyone else has. Financial stress can cause insomnia, prompt us to battle anxiety and feelings of shame and hopelessness, and cost us our most important relationships. Yet, we still find it difficult to discuss - oftentimes even to those closest to us. Join us for this eye-opening and informative episode with Special Guest Kimberly Earnest as we address all this and more. A corporate financial wellness consultant and Financial Peace University instructor, Kimberly is devoted to helping people transform the way they think about money - and find freedom in the process.Special Guest: Kimberly EarnestKimberly gets to live out what she feels like God put her on this earth to do both professionally and in volunteering opportunities- helping people become better versions of themselves by helping them be more intentional with their finances. She and her husband have led Financial Peace University classes for over a decade and she has been the Financial Wellness Specialist at Veterans United Home Loans in Columbia, MO for the last five years. In this role, she helps fellow employees with day-to-day money management and connects them to resources to meet their financial goals. Guest Co-Host: Dr. Denise Bickel, Ph.D., MSW, LCSWWith over 20 years of counseling experience, Denise's areas of expertise include oncology, end-of-life care, and grief work. She has also been an adjunct professor at the University of Denver and a facilitator of guided meditation walks at the Denver Botanic Gardens. She's also Robin's mentor and a returning guest on the podcast.For more thoughts from Denise, check out her blog, Words To Live By, at www.DeniseBickel.com.Special Guest Host: Show Notes: The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel
In this episode of Capital Topics, James Parkyn and François Doyon La Rochelle discuss the following portfolio management and financial planning subjects: In the News: 2022 Market Statistics Main Topic: 2022 Investing Lessons & 2023 Outlook -Market Statistics – Parkyn Doyon La Rochelle – December 2022: Market Statistics - Parkyn Doyon La Rochelle - December 2022 - PWL Capital -Podcast #45: Bond Investing A New Landscape: Episode 45: Bond Investing A New Landscape — Capital Topics -Podcast #44: Central Banks and Recessions: Episode 44: Central Banks and Recessions — Capital Topics -Podcast #43: Retirement Income Planning: Should Your Portfolio Withdrawals Vary with the Market?: Episode 43: Retirement Income Planning: Should Your Portfolio Withdrawals Vary with the Market? — Capital Topics -Dimensional's Article: Market Review 2022: After a Down Year, Looking to the Past as a Guide | Dimensional -Jason Zweig's Article: Mirror, Mirror on the Wall, Who Knew That Stocks Would Fall? - WSJ -Larry Swedroe's Article: Fourth Quarter 2022 Economic Review and Outlook - Articles - Advisor Perspectives “The Psychology of Money” by Morgan Housel: The Psychology of Money: Timeless lessons on wealth, greed, and happiness: Housel, Morgan: 9780857197689: Books - Amazon.ca
Dans cet épisode de Sujet Capital, James Parkyn et François Doyon La Rochelle discutent le sujet suivant à propos des placements et de la planification financière: Actualité: Revue des statistiques des marchés en 2022 Sujet principal: Leçons de 2002 et perspectives 2023 - Statistiques de marché – Parkyn Doyon La Rochelle – décembre 2022: Statistiques de marché - Parkyn Doyon La Rochelle - décembre 2022 - PWL Capital -Balado #45: L'investissement en Obligation dans un Nouvel Environnement de Taux d'Intérêt: Épisode 45 : L'investissement en obligation dans un nouvel environnement de taux d'intérêt — Sujet Capital -Balado #44: Banques Centrales et Récessions: Épisode 44 : Banques Centrales et Récessions — Sujet Capital -Balado #43: Planification du Revenu de RETARITE: Les Retraits de votre Portefeuille devraient-ils varier en fonction du Marché : Épisode 43 : Planification du revenu de retraite : les retraits de votre portefeuille devraient-ils varier en fonction du marché ? — Sujet Capital -L'Article Dimensional: Market Review 2022: After a Down Year, Looking to the Past as a Guide | Dimensional -L'Article de Jason Zweig: Mirror, Mirror on the Wall, Who Knew That Stocks Would Fall? - WSJ -L'Article de Larry Swedroe: Fourth Quarter 2022 Economic Review and Outlook - Articles - Advisor Perspectives “The Psychology of Money” écrit par Morgan Housel: The Psychology of Money: Timeless lessons on wealth, greed, and happiness: Housel, Morgan: 9780857197689: Books - Amazon.ca
A huge thank you to HSBC for powering this week's episode. Whether you're at the very beginning of your wealth creation phase and taking your first steps in investing or you're starting to think about passing your wealth and values to the next generation - HSBC can connect you to global opportunities at every stage of your wealth journey. Click here to find out more! Today we discuss key takeaways from The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel. Listen in to hear Sim & Sonya's thoughts! For more Girls That Invest: Join our newsletter Instagram TikTok Twitter Facebook 'Til next week, team! --- Send in a voice message: https://anchor.fm/girls-that-invest/message
Apple will use its waste heat from a data processing center to heat a small town. Uganda will swap out gas two wheelers for E-motorcycles for free. And Hyundai will stop celling combustion vehicles in Norway. This includes PHEVs. Brian struggles with Apple Music. James appologizes for getting Brian to buy Tesla stock. James's LEAF does something weird again. Chevy Bolt customers in Canada get shafted for 2023. And the Bolt gets a modest price hike for the United States after the IRA rebates come into effect. Out of Spec Reviews does some cold weather testing in Denver. What EVs have battery heaters that world when the cars are unplugged? More power substation attacks. Biggest heat pump manufacturers. Mitsubishi Electric Carrier Corporation Danfoss Power Solutions Co. Daikin America, Inc. Johnson Controls, Inc. Brian's Book Report - The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel James's predictions for 2023. Fleet EVs will rule the day. Buy us a cup of coffee with PayPal Donate! eTransfer cleanenergyshow@gmail.com Thanks for listening to our show! Consider rating The Clean Energy Show on iTunes, Spotify or wherever you listen to our show. Follow us on TikTok! @cleanenergypod Check out our YouTube Channel! @CleanEnergyShow Follow us on Twitter! @CleanEnergyPod Your hosts: James Whittingham https://twitter.com/jewhittingham Brian Stockton: https://twitter.com/brianstockton Email us at cleanenergyshow@gmail.com Leave us an online voicemail at http://speakpipe.com/cleanenergyshow Tell your friends about us on social media!
I love lists, especially “best of” lists at the end of the year. if you share your best moments list, best restaurants for queso list, or best trails for a run list, and I'm so there. In this episode, I'm sharing the seven best books I read in 2022. They range from biographies to mysteries and cover topics from money to creativity to the life of King David. No matter the genre, each of these books taught me something that made 2022 a little better. Tune into the episode, and make sure to add these books to your 2023 reading list. For more book recommendations, find me on GoodReads!Jon's Top 7 Books of 2022A Noel Killing by M.L. LongworthBourdain, The Definitive Oral Biography by Laurie WooleverThe Psychology of Money - Timeless lessons on wealth, greed, and happiness by Morgan HouselLeap Over A Wall by Eugene PetersonFrom Strength to Strength by Arthur C. Brooks12 Notes on Life and Creativity by Quincy JonesSurrender: 40 Songs, One Story by BonoBook me to speak at your event or to your team!You can get more info on the Soundtracks Video Course.Follow Jon on Instagram, Twitter, YouTube, and Facebook.Order Soundtracks, Jon's newest book available wherever you find quality books!You can join the Guaranteed Goals Challenge happening January 10-12, sign up today!
Janet Mui is Head of Market Analysis at RBC Brewin Dolphin, and is top of her game in a male dominated industry. Janet handles over 60 million pounds in investments and is a regular face on news channels commentating on economic issues. Having grown up in China, Janet chats to Mark not just about why wealth management is important for entrepreneurs and business leaders, but also how she had to learn to adapt to British culture in order to ‘make it'. Janet speaks frankly about her experiences as ‘the only woman in the room', battling prejudices around ‘diversity hires' and feeling like she has to prove that she really is the best person for the job. She believes in the importance of diversity and financial education, discussing how we don't talk enough about money, or educate young people in how to deal with it. Janet also chats to Mark about the realities of how you can sleep at night when handling big money, what people get wrong about personal finance, and how not to lose yourself on the way to the top. Show notes: You can find Janet on LinkedIn here Visit RBC Brewin Dolphin here LinkedIn Top voices in finance! Money Made Easy podcast Become an expert commentator BBC 50/50 The Equality project Jamie Dixon Leadership & Life Chat episode Books: Playing to Win: How Strategy Really Works - Roger L. Martin Lean In A Woman Makes a Plan – Maye Musk The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel GET IN TOUCH! We would love to hear your thoughts on today's episode, email us at podcasts@larking-gowen.co.uk or leave us a voice note here. We would also love it if you could rate us 5 STARS on Apple Podcasts or Spotify, this really helps people find us! © Larking Gowen LLP
Welcome to our second annual roundup of book recommendations from guests on the Human Insight Podcast. It is a good mix of books, covering creativity, money, innovation and product development. There is even a children's book recommendation, as well as one for a newsletter. Brave New Work by Aaron Dignan Gerrard: My Autobiography by Steven Gerrard Nudge: The Final Edition by Richard H. Thaler Jonathan Livingston Seagull: The Complete Edition by Richard Bach Build: An Unorthodox Guide to Making Things Worth Making by Tony Fadell The Gruffalo in Scots by Julia Donaldson The Book of Joy: Lasting Happiness in a Changing World by Dalai Lama The Marginalian by Maria Popova Dare to Lead: Brave Work. Tough Conversations. Whole Hearts. by Brené Brown The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel Birdgirl By Mya-Rose Craig End of Bias: A Beginning by Jessica Nordell Invisible Women: Data Bias in a World Designed for Men by Caroline Criado Perez How Democracies Die by Steven Levitsky Permanent Record by Edward Snowden The Mom Test: How to talk to customers & learn if your business is a good idea when everyone is lying to you by Rob Fitzpatrick Orbiting the Giant Hairball: A Corporate Fool's Guide to Surviving with Grace by Gordon MacKenzie The Intelligent Investor: The Definitive Book on Value Investing by Benjamin Graham Lean Enterprise: How High Performance Organizations Innovate at Scale by Jez Humble Nonviolent Communication: A Language of Life: Life-Changing Tools for Healthy Relationships by Marshall Rosenberg And don't forget, our own User Tested and The Digital Experience Company.
Welcome to our second annual roundup of book recommendations from guests on the Human Insight Podcast. It is a good mix of books, covering creativity, money, innovation and product development. There is even a children's book recommendation, as well as one for a newsletter. And don't forget, our own Janelle Estes and Andy MacMillan also wrote User Tested, which was published earlier this year. Brave New Work by Aaron DignanGerrard: My Autobiography by Steven GerrardNudge: The Final Edition by Richard H. ThalerJonathan Livingston Seagull: The Complete Edition by Richard BachBuild: An Unorthodox Guide to Making Things Worth Making by Tony FadellThe Gruffalo in Scots by Julia DonaldsonThe Book of Joy: Lasting Happiness in a Changing World by Dalai LamaThe Marginalian by Maria PopovaDare to Lead: Brave Work. Tough Conversations. Whole Hearts. by Brené BrownThe Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan HouselBirdgirl By Mya-Rose CraigEnd of Bias: A Beginning by Jessica NordellInvisible Women: Data Bias in a World Designed for Men by Caroline Criado PerezHow Democracies Die by Steven LevitskyPermanent Record by Edward SnowdenThe Mom Test: How to talk to customers & learn if your business is a good idea when everyone is lying to you by Rob FitzpatrickFollow us on LinkedIn or Twitter Co-host Janelle Estes | @janelle_estes Co-host Andy MacMillan | @apmacmillan Producer Nathan Isaacs | @isaacsnd UserTesting | @usertesting Have an episode suggestion or guest recommendation? Share on social with the tag #HumanInsights Get a free video of a real person reviewing your website
Welcome back, friends!! Today on the show, I'm delighted to have author and speaker Jon Acuff for a conversation about a soon-to-release book he recently co-authored with his two teenage daughters. Yes, you heard that right! He wrote a book with his teenage daughters! How amazing is that?! You may remember when Jon was on the show last year around the release of his book Soundtracks. Well, so many parents reached out to him after reading it asking for a version for teenagers. He knew they were on to something, but he also knew he couldn't write a book for teenagers without it reading like an adult trying to sound cool. So he enlisted the help of his daughters! Your New Playlist is a book for teenagers by teenagers, and I'm so thrilled Jon ran with this idea. The things we believed as teenagers can be so impactful. It is so encouraging to think about how the teens in our lives can learn to create new thoughts that lead to actions and even better results. Be sure to listen in to find out how! Jon Acuff is a New York Times bestselling author, an INC Magazine Top 100 Leadership speaker, and host of the All It Takes Is A Goal podcast. He has spoken to hundreds of thousands of people at conferences and companies around the world, including FedEx, Nissan, Microsoft, Lockheed Martin, Chick-fil-A, Nokia, and Comedy Central. He lives outside of Nashville, Tennessee, with his wife and two teenage daughters. Listen in to learn more about: How the truth grows like compound interest. The ways our thoughts can work for us or against us and how we get a say in how they work. The things Jon's daughters taught him about thought patterns and what teenagers deal with today. Favorite quotes: ~If you are a parent it is good to listen to ‘absolutes' from your kids because it is usually the sign of a broken soundtrack. ~There's a real joy when you as a parent help your child do a difficult thing and they realize it's possible. ~A good friend is an archive and they store memories and moments for you that in times of stress you forget. ~Nothing gets better accidentally. In this episode I answered this question: What is something easy I can do to help me in my career? (42:01) Links to great things we discussed: Jon Acuff: Home Page Midsomer Murders (TV Series 1997– ) - IMDb Grantchester (TV Series 2014– ) - IMDb John Wick: Chapter 4 (2023) - IMDb Nobody (2021) - IMDb Amazon.com: Four Thousand Weeks: Time Management for Mortals ... The Psychology of Money: Timeless lessons on wealth, greed, &... Steven Pressfield - War of Art, The MP3 CD - Amazon.com All It Takes Is A Goal Jon Acuff - Apple Podcasts How one woman's positive mindset took her from barista to CEO - All ... Secura 60-Minute Visual Timer, Classroom Countdown Clock, Silent ... Mad Men (TV Series 2007–2015) - IMDb Champion - Bethel Music (Lyrics) feat. Dante Bowe - YouTube Join the Confident Motherhood Community here. Hope you loved this episode! Be sure to subscribe in iTunes and slap some stars on a review! :) xo, Alli
What are some of the behavioral tendencies we all can run into that affect our decision-making, and ultimately cause some big mistakes? What do big areas or behavioral tendencies look like? In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks about investing behaviors that will wreck your financial plan. Knowledge and awareness are needed to avoid behavioral finance mistakes. Topics Discussed: What is behavioral finance? When people make errors, mistakes, and biases Why? People are not rational or self-controlled and don’t identify tendencies Overconfidence: Common idea that you know more than you actually do Self-serving Bias: Attribute good things/outcomes to skill, bad outcomes to luck Hindsight Bias: You know more or knew more than you really did in the past Confirmation Bias: Focus on what confirms beliefs, ignore what contradicts them Recency Bias: Hone in on short-term and overemphasizes that importance Refer to your financial plan and remind yourself of your financial goals Anchoring Bias: Relying and latching onto too much pre-existing info Loss Aversion: Overly fearful of losses and pull to avoid losses Herd Mentality: Suffer from fear of missing out (FOMO)? Links: Confirming Fund Managers Overconfidence - SSRN Behavioral Finance - Charles Schwab Asset Management What To Do When Your Investments Start Tanking How Market Downturns Look and Feel The Power Of Diversification Investing During Wild Markets with David Blanchett Free DIY Financial Planning Guide for Physicians Predictably Irrational: The Hidden Forces That Shape Our Decisions Thinking, Fast and Slow The Psychology of Money: Timeless lessons on wealth, greed, and happiness The Big Short GameStop on CNBC Contact Finance for Physicians Finance for Physicians Full Episode Transcript: Hey, guys. Hope you’re having a great day. I am excited to talk about investing, and this is the third in our series of three shows, talking investing. In the first, we talked a little bit more about how to navigate scary downturns in the market. The second, we talked more about how those looked historically, some of the numbers, returns and that kind of thing. Today, we’re going to be talking about some of the behavioral tendencies we all can run into that can really affect our decision-making, and ultimately can cause some big mistakes. We&rsquo
This week Dr. Drew is joined by author and businessman Morgan Housel. They discuss Morgan's approach to finances and his book 'The Psychology of Money: Timeless lessons on wealth, greed, and happiness' which was released in September 2020 and is available now on Amazon and anywhere books are sold. Learn more about Morgan by visiting his website MorganHousel.com Check out The Jordan Harbinger Podcast Visit AirMedCareNetwork.com/drew Visit BetterHelp.com/Drew Visit ZocDoc.com/Drew
Hello Booklubers and Needle Movers!On this episode from our booklub series we go over The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel. The topics we cover are 1. Our irrational behavior. 2. Luck & financial success. 3. Envy can make you reckless. 4. Holding onto future is more difficult than building it.As always, we hope you enjoy.Stories and Strategies for Public RelationsCommunication is in every facet of our daily business.Listen on: Apple Podcasts Spotify
The Daily Stoic Ryan talks to Morgan Housel about the real definition of wealth, the intricacies of building an audience as an author, the sacrifice required to gain success, and more.Morgan Housel is a partner at The Collaborative Fund. His book The Psychology of Money: Timeless lessons on wealth, greed, and happiness is a deep dive into the psychology of money and investing. Morgan is a two-time winner of the Best in Business Award from the Society of American Business Editors, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He serves on the board of Markel and has presented at more than 100 conferences all over the globe.✉️ Want Stoic wisdom delivered to your inbox daily? Sign up for the FREE Daily Stoic email at https://dailystoic.com/dailyemail
Ryan talks to Morgan Housel about the real definition of wealth, the intricacies of building an audience as an author, the sacrifice required to gain success, and more.Morgan Housel is a partner at The Collaborative Fund. His book The Psychology of Money: Timeless lessons on wealth, greed, and happiness is a deep dive into the psychology of money and investing. Morgan is a two-time winner of the Best in Business Award from the Society of American Business Editors, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He serves on the board of Markel and has presented at more than 100 conferences all over the globe.✉️ Want Stoic wisdom delivered to your inbox daily? Sign up for the FREE Daily Stoic email at https://dailystoic.com/dailyemail
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Jimmy Mackin, CEO of Curaytor, to talk about best practices for communicating with buyers and sellers right now, as the market is changing. Jimmy discusses why the principles of communication are more important than the tools and technology, shares what agents who have transcended their local markets have in common, offers specific ideas and techniques for more powerful communication, and more. About Jimmy Mackin Jimmy Mackin is the CEO of Curaytor, a full-service digital marketing company focused on helping listing agents get more listings. In seven years, Curaytor has grown to over $10 million in annual recurring revenue and has been featured in Forbes, Inc, The Huffington Post, USA Today, and American Express Open Forum. In 2019, Jimmy co-authored Exactly What to Say: For Real Estate Agents, a best-selling book designed to help real estate agents with the most common, critical, and difficult questions they face. Jimmy is also the Host of the hit podcast #WaterCooler. With over 115 episodes and 8.5 million minutes watched, the show is a go-to resource for anyone in the real estate industry looking to grow their business in today's digital landscape. Here's a glimpse of what you'll learn: Best practices for communicating with buyers and sellers right now Why the principles of communication are more important than the tools and technology What agents who have transcended their local markets have in common Why asking questions is better than giving answers in a changing market Specific ideas and techniques for more powerful communication Featuring Mike Simonsen, CEO of Altos Research A true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. The company now serves the largest Wall Street investment firms, banks, and tens of thousands of real estate professionals around the country. Mike's insights on the market have been featured in Forbes, New York Times, Bloomberg, Dallas Morning News, Seattle PI, and many other national media outlets. Resources mentioned in this episode: Jimmy Mackin on LinkedIn Jimmy Mackin on Instagram Jimmy Mackin on Twitter Curaytor Curaytor on Instagram Curaytor on Twitter #WaterCooler podcast Exactly What to Say: For Real Estate Agents by Jimmy Mackin, Phil M. Jones, and Chris Smith The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel Mike Simonsen on LinkedIn Altos Research Follow us on Twitter for more data analysis and insights: https://twitter.com/altosresearch https://twitter.com/mikesimonsen See you next week!
How do you create a portfolio strategy that takes into account both safety and the pursuit of your aspirational goals? That's what today's guest, Ashvin Chhabra, set out to answer with the Wealth Allocation Framework. Ashvin is President and Chief Investment Officer of Euclidean Capital, a New York-based family office for James H. Simons & Marilyn H. Simons. The Simons Foundation is dedicated to advancing research in mathematics and the basic sciences and is currently one of America's largest private funders in those areas. Prior to his current position, Ashvin was Chief Investment Officer for Merrill Lynch and Chief Investment Officer at the Institute for Advanced Study in Princeton, New Jersey. He's also the author of a terrific book, The Aspirational Investor, which was published in 2015. Ashvin holds a Ph.D. in Applied Physics from Yale University in the field of nonlinear dynamics. In this episode, Ashvin, Tano, and I discuss Ashvin's background as a theoretical physicist, why he didn't see himself becoming a great trader, how the Wealth Allocation Framework was developed, his frustrations with modern portfolio theory, how he brings behavioral finance into wealth management, how to think about inflation and wealth preservation, and so much more! Key Topics: Welcome Ashvin to the show (1:05) The beginnings of Ashvin's dream of becoming a physicist (2:58) The deep insights Ashvin was exposed to in his university studies (3:53) Benoit Mandelbrot's influence on Ashvin's thinking (5:51) Ashvin's transition from theoretical physicist to derivatives trading (9:20) Why Ashvin didn't resonate with a career on the trading floor (11:24) How the Wealth Allocation Framework was developed (15:54) Three main components of the wealth allocation framework (18:11) The engine of wealth creation (22:24) Why we need to understand models in their specific context (25:05) An evolving view of risk (28:46) Bringing behavioral finance into wealth management (31:23) Ashvin's perspective on the evolution of the endowment model (34:55) Diversifying through various ecosystems (38:26) How to think about inflation and wealth preservation (41:43) Bringing in an element of common sense and humanity (45:26) The macro issues that worry Ashvin (47:52) The beauty of the non-linear aspects of financial markets (51:13) Ashvin's book recommendations (53:03) And much more! Mentioned in this Episode: Ashvin B. Chhabra's Book | The Aspirational Investor: Taming the Markets to Achieve Your Life's Goals Ashvin B. Chhabra's Paper | Beyond Markowitz: A Comprehensive Wealth Allocation Framework for Individual Investors Patrick Bolton, Tano Santos and José Scheinkman's Paper | Cream Skimming in Financial Markets Robert A. Caro's Book | Working Robert A. Caro's Book | The Power Broker: Robert Moses and the Fall of New York Benoit Mandelbrot & Richard L Hudson's Book | The Misbehavior of Markets: A Fractal View of Financial Turbulence Benjamin Graham's Book | The Intelligent Investor: The Definitive Book on Value Investing Morgan Housel's Book | The Psychology of Money: Timeless lessons on wealth, greed, and happiness Amor Towles' Book | A Gentleman in Moscow Thanks for Listening! Be sure to subscribe on Apple, Google, Spotify, or wherever you get your podcasts. And feel free to drop us a line at valueinvesting@gsb.columbia.edu. Follow the Heilbrunn Center on social media on Instagram, LinkedIn, and more!
A real estate investor, syndicator, speaker and philanthropist, Matt Aitchison has flipped hundreds of houses, built a Top 1000 real estate team in the U.S. Currently, he focuses on raising capital for syndications and scaling his passive income portfolio to include commercial strip centers, hospitality assets, and single family rentals. Also, he hosts the Millionaire Mindcast, a Top 100 business podcast. Matt is passionate about helping others become more wealthy, free, and fulfilled in their life and business through real estate and business investment opportunities. In today's episode of the Catching Knives podcast, Matt shares a lot of wisdom and some really powerful and inspiring experiences that transformed him into the person he is today. He will talk about a defining moment in his life when he was expelled from school and arrested and how this experience changed his trajectory forever. He will share the moment when he was the most scared as an investor and what he did to get through it. He will reveal some powerful ways to continuously optimize yourself and grow as a person and in your business. You will discover the story behind The Millionaire Mindcast, you will learn how you can be a millionaire in all areas of your life and much more Listen now and enjoy! What You'll Learn in this Show: The moment when Matt was the most scared as an investor and what did he do to get through it Ways to you continuously optimize yourself and grow as a person and in your business Matt's experience with joining GoBundance and how it influenced his life and business The relationship recharge: Powerful question that Matt uses to create better connections with his family And so much more... Resources: https://mattaitchison.com/ (Mattaitchison.com) https://www.linkedin.com/in/maitchison/ (Matt's Facebook) https://www.instagram.com/officialmattya/ (Matt's Instagram) https://www.youtube.com/c/MattAitchisonMedia (Matt's Youtube Channel) https://podcasts.apple.com/us/podcast/millionaire-mindcast/id1109801013 (The Millionaire Mindcast) Books: https://www.amazon.com/Catching-Knives-Investing-Distressed-Commercial/dp/154452059X (Catching Knives: A Guide to Investing in Distressed Commercial Real Estate) https://www.amazon.com/Wealth-Cant-Wait-Implement-Business-ebook/dp/B07VPXLVRC/ref=sr_1_1?crid=3O1YV2VJBMM2M&keywords=wealth+can+wait&qid=1649245463&s=digital-text&sprefix=wealth+can+wait%2Cdigital-text%2C180&sr=1-1 (Wealth Can't Wait: Avoid the 7 Wealth Traps, Implement the 7 Business Pillars, and Complete a Life Audit Today!) https://www.amazon.com/Essentialism-Disciplined-Pursuit-Greg-McKeown-ebook/dp/B00HELB6XI/ref=sr_1_1?crid=17SZ9MKFH3CUH&keywords=essentialism&qid=1649245526&s=digital-text&sprefix=essentialism+%2Cdigital-text%2C290&sr=1-1 (Essentialism: The Disciplined Pursuit of Less) https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness-ebook/dp/B084HJSJJ2/ref=sr_1_1?crid=3J2EYGFSD364D&keywords=the+psychology+of+money&qid=1649245575&s=digital-text&sprefix=the+psychology+of+money%2Cdigital-text%2C386&sr=1-1 (The Psychology of Money: Timeless lessons on wealth, greed, and happiness) https://www.amazon.com/gp/product/B09KY7ZXV6/ref=dbs_a_def_rwt_hsch_vapi_tkin_p1_i0 (Life Force: How New Breakthroughs in Precision Medicine Can Transform the Quality of Your Life & Those You Love) Podcasts: https://andyfrisella.com/blogs/realaf-podcast (Real AF Podcast) https://podcasts.apple.com/us/podcast/all-in-with-chamath-jason-sacks-friedberg/id1502871393 (The All-In Podcast) https://www.theinvestorspodcast.com/we-study-billionaires/ (We Study Billionaires)
There is one key trait that will help you master trading and any other area in your life. In this podcast episode, I am exploring one of the most important concepts that will help anyone go from losing to a consistently winning trader. Non-trading book recommendations: Against the gods: The remarkable story of risk Gambling Wizards: Conversations with the World's Greatest Gamblers The Subtle Art of Not Giving a F*ck The Last Lecture - Randy Pausch The Untethered Soul: The Journey Beyond Yourself The ONE Thing: The Surprisingly Simple Truth About Extraordinary Results The Greatest Salesman in the world - Og Mandino Zero to One: Notes on Startups, or How to Build the Future The Psychology of Money: Timeless lessons on wealth, greed, and happiness Biography recommendations: Arnold Schwarzenegger - Total Recall Phil Knight - Shoe Dog Andre Agassi - Open Sam Walton: Made In America The Mamba Mentality: How I Play ################ My trading course bundle: ► https://ultimatepriceaction.com/ Edgewonk trading journal: ► https://www.edgewonk.com *** use discount code: tradeciety *** ################ ► Risk Disclaimer: https://www.tradeciety.com/risk-disclaimer/ Disclaimer: The experience reports and comments constitute the personal experiences of our users. These are individual results that do not permit conclusions to be drawn about future developments. In particular, we make no claim that these are typical results that can be achieved by our users on a regular basis. Tradeciety can neither predict nor guarantee the occurrence of certain developments or the achievement of profits nor will it do so. Results may not be typical and may vary from person to person. There are inherent risks involved with investing and trading, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. Connect with me My website: https://tradeciety.com/ My YouTube channel: https://www.youtube.com/tradeciety
“GRACIAS A DIOS ES LUNES” Capsula pregrabada. Desacuerdo Productivo. SEGMENTO DESPACHO LEGAL, con Ginny Castillo y Luis Fernando Aguilar. Como salir de deudas SEGMENTO LA ENTREVISTA EL LIBRO TENDENCIA, Mauricio Alvarez, Sergio Herrarte, Rodolfo Pérez. The Psychology of Money: Timeless lessons on wealth, greed, and happiness, de Morgan Housel, Capítulos: 17-18-19. THE SEDUCTION OF PESSIMISM. WHEN YOU WILL BELIEVE ANYTHING Y ALL TOGETHER NOW
“GRACIAS A DIOS ES LUNES” Yo Solía Parte II. Es imposible la vida correcta con los amigos equivocados. “PROTAGONISTAS DEL FUTURO” Elon Musk compra Twitter para luchar a favor de la libertad de expresión ¿esto que implica y cuáles son los retos? “Tendencias del Mercado Laboral” Desaparición de las estructuras altamente jerarquicas a organizaciones planas. Agilidad. LA ENTREVISTA: Laura Castillo y Sheila Divas de Avila. VI Promoción. 9 sesiones de 8 a 10 AM más graduación presencial. EL LIBRO TENDENCIA The Psychology of Money: Timeless lessons on wealth, greed, and happiness, de Morgan Housel, Capítulos: 14. Cambiarás. La planificación a largo plazo es más difícil de lo que parece porque las metas y los deseos de las personas cambian con el tiempo. 15. Nada es gratis. Todo tiene un precio, pero no todos los precios aparecen en las etiquetas. 16. Tú y yo. Tenga cuidado con las señales financieras de las personas que juegan un juego diferente al suyo.
Hoe ga je slim om met geld? We proberen dat nu al zeventien podcasts lang uit te leggen, en het antwoord lijkt simpel: ken je budget, beleg op lange termijn, hou iets in reserve. Tot daar de theorie. In realiteit doen we vaak de domste dingen, en is het paniek op het einde van de maand. Hoe komt dat toch? Wel, het ligt aan ons brein. Dat wordt constant misleid, en is eigenlijk niet echt gemaakt om goed met geld om te gaan. Gelukkig vond Kristof een boek: The Psychology of Money, waar wonderlijke levenslessen uit te trekken zijn. "Nee, iemand die rijk is, herken je niet aan zijn schoenen." Productie Het Nieuwsblad | Stemmen Ewoud Huysmans en Kristof Bogaerts | Bron: The Psychology of Money: Timeless lessons on wealth, greed, and happiness - Morgan Housel | Audiomontage Pieter Santens & House of Meida | Eindredactie Bert Heyvaert
In today's episode, I'll be sharing thoughts from a personal finance book that I read last summer. Morgan Housel, a former columnist at The Motley Fool in the Wall Street Journal, wrote the book entitled The Psychology of Money. In it, he shares the idea that intelligence isn't what makes someone good with money; behaviors are what play the most significant role. Listen to learn what these behaviors are and how you can benefit from them. In this episode...Intelligence vs. behavior [01:13] Investment bias [05:41] What is happiness? [08:26] Lessons from a gerontologist [09:39] Lifestyle and budgeting [12:01] Behaviors make the differenceIn 2020 Morgan Housel wrote a book called The Psychology of Money. The book's premise is that doing well with money has little to do with how smart you are and a lot to do with how you behave. If a genius loses control of his emotions, that can create a financial disaster. The opposite is also true. Ordinary people without financial education can become wealthy if they have a handful of behavioral skills. Someone who makes a lot of money can be poorer than the man sweeping floors. The difference comes down to lifestyles and how they utilize what they have. Emotional financesHealth and money are two things that impact everyone. Despite this similarity, we've seen a divergence in the outcomes. While health has improved for centuries and made remarkable advancements in improving people's lives, financial advances haven't. The extensive research hasn't made us better investors or savers because money is far too emotional. A consumer finance survey found out that people's lifetime investment decisions are heavily anchored to their experiences in their generation, especially experiences in early adulthood. If inflation was high, people invested less in bonds throughout their lifetime. If the stock market was strong, they invested more in stocks. That was true for me because I started investing in the late 90s at the start of the dot-com era. I still invest heavily in stocks, albeit differently than I did then. Before, I purchased single stocks hoping they'd outperform. Now I use evidence-based research and invest in broadly diversified portfolios. Prioritizing expenses and reducing wastePeople strive to get a couple of percent higher returns. Meanwhile, what they could benefit from is reducing lifestyle bloat. The tip here is to review expenses regularly to see if they make sense. According to a recent study, adults in the US spend nearly $1,500 a month on non-essential items. That's roughly $18,000 a year on things we probably don't need. That's a lot of money, considering how much Americans are letting their savings and other crucial goals fall by the wayside. The same study found that 58% of people believed that there were important things they were unable to afford, including retirement savings and life insurance. There's nothing wrong with enjoying a few luxuries here and there to make life enjoyable. But unfortunately, Americans are spending a small fortune on things that take away their opportunity to save for the future or protect their families with life insurance. The good news is that examining our budgets and reducing waste will help us prioritize those important things for our families and us. Resources & People Mentionedhttps://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681 (The Psychology of Money: Timeless lessons on wealth, greed, and happiness) https://www.betterplanningbetterlife.com/blogpodcast/when-it-comes-to-early-retirement-start-with-why-ep-1 (When it Comes to Early Retirement - Start with Why, Ep #1) https://www.betterplanningbetterlife.com/blogpodcast/meaning-purpose-in-retirement-ep-6 (Meaning & Purpose in Retirement, Ep #6) https://www.usatoday.com/story/money/2019/05/07/americans-spend-thousands-on-nonessentials/39450207/ (The Average American Spends Almost $18,000 a Year on Nonessentials | The...
- TENDENCIAS DEL MERCADO LABORAL Cápsula Pregrabada 20: Actualizacion de conocimentos por parte de los empleados. Hoy en dia 6 de cada 10 personas deben actualizarse para seguir trabajando el proximo año. - GRACIAS A DIOS ES LUNES: Capsula pregrabada YO SOLÍA. Años atrás yo solía ser muy desorganizado con mi tiempo. Hace algunos meses yo solía reaccionar mal cuando me enojaba. Hace algún tiempo yo no hacía ejercicio y comía muy mal. Hace bastante tiempo atrás yo no leía mi Biblia. ¿Cuáles son tus “yo solía”, “yo acostumbraba”? ¿cuáles son aquellas cosas que hacías “hace un tiempo atrás, pero ya lo cambiaste”? Es decir cuales son aquellos malos hábitos que has ido cambiado?. Si no tienes algunos recientes “yo solía…”, talvez te conviene buscar al menos un mal hábito que deseas cambiar en este año. Hoy te comparto 2 recomendaciones para sustituir un mal hábito. - DESPACHO LEGAL, con Luis Fernado Aguilar y Ginny Castillo Contratos Mercantiles de Franquicias: esta regulado? quines podrían interesarle firmar un contrato de franquicia? qué contiene un contrato de franquicia? se inscribe en algún registro? - EL LIBRO TENDENCIA, Mauricio Alvarez, Sergio Herrarte, Rodolfo Pérez. The Psychology of Money: Timeless lessons on wealth, greed, and happiness, de Morgan Housel, Capítulos 11,12,13 11. Reasonable Rational. Aiming to be mostly reasonable works better than trying to be coldly rational. 12. Surprise. History is the study of change, ironically used as a map of the future. 13. Room for Error. The most important part of every plan is planning on your plan not going according to plan.
- “TENDENCIAS DEL MERCADO LABORAL” con Julissa Sanchez. Incremento de las voces de los empleados y el Activismo. Preocupación por los stakeholders. - SEGMENTO “GRACIAS A DIOS ES LUNES” Capsula pregrabada SOLTAR. ¿Cómo damos lugar a lo nuevo y como desechamos lo que nos impide a avanzar? La primera recomendación es detenernos un momento a pensar, muchas personas se quedan atrapadas en algo que ya no funciona porque quieren elegir las condiciones adecuadas para dejarlo ir y las condiciones perfectas regularmente no vienen nunca. - LA ENTREVISTA: Psicologa Sophie Alva, con el Tema Central Síndrome Post-Vacaciones. - EL LIBRO TENDENCIA, Mauricio Alvarez, Sergio Herrarte, Rodolfo Pérez. The Psychology of Money: Timeless lessons on wealth, greed, and happiness, de Morgan Housel, Capítulos 9,10,11 9. Wealth is What You Don´t See. Spending money to show people how much money you have is the fastest way to have less money. 10. Save Money. The only factor you can control generates one of the only things that matters. How wonderful. 11. Reasonable Rational. Aiming to be mostly reasonable works better than trying to be coldly rational.
As you already know, lately I have been fascinated by the world of crypto and NFTs. As promised, I am bringing you experts on this topic. My guest today is Regal Star. Regal is a serial entrepreneur, he is the founder of Sorga Bali which is 100% organic chocolate that you can find in places like Bali Budda (if you are in Bali), but Regal is also the Co-Founder of an NFT project called Geisha Tea House. They recently had a mint of their NFT, and full disclosure I also minted myself a Geisha. Today we are going to talk about Regal's entrepreneurial journey, and dive deep into the creation of an NFT project. Link from the episode: Build With Rob Podcast by Rob Dyrdek - https://podcasts.apple.com/us/podcast/build-with-rob Memoirs of a Geisha Movie - https://www.amazon.com/Memoirs-Of-Geisha?tag=10mj-20 Book Regal Recommends: “The Secret” by Rhonda Byrne - https://www.amazon.com/The-Secret?tag=10mj-20 “The Psychology of Money: Timeless lessons on wealth, greed, and happiness” by Morgan Housel - https://www.amazon.com/The-Psychology-Money?tag=10mj-20 “Greenlights” by Matthew McConaughey - https://www.amazon.com/Greenlights?tag=10mj-20 “Principles: Life and Work” by Ray Dalio - https://www.amazon.com/Principles-Life-Work?tag=10mj-20 “Ikigai: The Japanese Secret to a Long and Happy Life” by Héctor García and Francesc Miralles - https://www.amazon.com/Ikigai-Japanese-To-A-Secret-Long-And-Happy- Life?tag=10mj-20 “Bend, Not Break: A Life in Two Worlds” by Ping Fu with MeiMei Fox - https://www.amazon.com/Bend-Not-Break-A-Life-In-Two-Worlds?tag=10mj-20 Book Anatoly Recommends: “Can't Hurt Me: Master Your Mind and Defy the Odds” by David Goggins - https://www.amazon.com/Cant-Hurt-Me-Master-Your-Mind-And-Defy-The-Odds?tag=10mj-20 Connect with Regal: LinkedIn - https://www.linkedin.com/in/regal-star Instagram - https://www.instagram.com/regalrstar Twitter - https://twitter.com/regalrstar Websites and Company Social Media: A. Geisha Tea House - https://geishateahouse.com OpenSea - https://opensea.io/collection/geisha-tea-house Instagram - https://www.instagram.com/geishateahouse Twitter - https://twitter.com/NFTGeisha B. SORGA Bali Chocolate - https://www.sorgachocolate.com Facebook - https://www.facebook.com/sorgachocolate Instagram - https://www.instagram.com/sorgachocolate C. Ruba Creative - https://rubacreative.com Facebook - https://www.facebook.com/rubacreative Instagram - https://www.instagram.com/rubacreative and https://www.instagram.com/rubacreativestudio D. Moon Lust Record Label Instagram - https://www.instagram.com/moonlustrecords YouTube - https://www.youtube.com/channe/videos ANATOLY's TOOLS: Product Development: Helim10 - I use it for Product Research, Keyword tracking and Listing Optimization . SPECIAL DEAL: Get 50% your first month or 10% every month: http://bit.ly/CORNERSIIH10 Pickfu - I use it for split testing all of my products and for validation ideas . SPECIAL DEAL: First split test 50% 0ff https://www.pickfu.com/10mj Trademarking: Trademark Angels - For all my trademarking needs. SPECIAL: Mention Anatoly and 10MJ podcast and get 10% Off your trademark. HR: Fiverr - I hire my 3dMockup person and images label designer here on Fiverr - http://bit.ly/10mjFIVERR Upwork - I hire people long term on Upwork - upwork.com Loom.com - for creating SOP's, I record everything on Loom and give to my VA's Keepa.com - to track historical data such as prices ANATOLY's 3 Favorite Business Books: DotCom Secrets by Russel Brunson - I think this is a must read for every online entrepreneurs - http://bit.ly/10MJDotCom 4 hours work week by Tim Ferriss - This book changed my life and made me become an entrepreneur - http://bit.ly/10MJ4WW The Greatest Salesman In The World by Og Mandino - Old book but it goes to the core of selling - http://bit.ly/10MJGREATSM DISCLAIMER: Some Links are affiliate, it costs you nothing, but helps to keep this podcast on the float Have questions? Go to https://www.10millionjourney.com Follow us on: Instagram: @10millionjourney Twitter: @10miljourney
- PROTAGONISTAS DEL FUTURO con José Kont Cientos de marcas decidieron salir del mercado de Rusia. Contexto: La guerra de Ucrania se está jugando en dos frentes: uno es el de los mísiles, las bombas, los aviones, los carros de combate, los soldados… Y el otro es el frente de la reputación. Las empresas que quieran seguir haciendo negocios en Rusia se arriesgan a una presión desconocida en todo el mundo. Apple, Coca Cola, McDonald’s, Este Lauder, Ikea, Adidas, Louis Vuiton, KPMG, Dior, Fendi, Givenchy… Todas han anunciado sus planes de abandonar el mercado ruso porque quedarse allí puede quemar su reputación en un día. - TENDENCIAS DEL MERCADO LABORAL con Julissa Sanchez - DESPACHO LEGAL con Ginny Castillo y Lui Fernando Aguilar LEY DE INSOLVENCIAS. Sabes que la ley de Insolvencias tiene por objeto ayudar a las personas o empresas, que no puedan cumplir con sus obligaciones financieras y corren el riesgo de perder sus empresas, ser embargadas o desalojadas de sus propiedades, para poder reorganizarla conservando sus actividades comerciales y crediticias. - EL LIBRO TENDENCIA The Psychology of Money: Timeless lessons on wealth, greed, and happiness, de Morgan Housel, Introducción. The Greatest Show On Earth. Capítulo 1 No One´s Crazy y Capítulo 2 Luck & Risk.
When confronted with significant decisions, our thoughts frequently stand in the way of rational decision-making. Today's episode of Grow Money Business features John Howe, a finance professor at the University of Missouri. He is an award-winning educator and researcher with expertise in investments, behavioral economics, household finance, corporate finance, and corporate governance. He is also the author of the book The Foolish Corner: Avoiding Mind Traps in Personal Financial Decisions. Throughout this episode, he shares his expertise and wisdom on behavioral economics, focusing specifically on the behavioral biases we all have regarding investing. [03:36] Behavioral Economics – Prof. Howe discusses his background, career, and current activities. [07:23] Kahneman's Nobel Price - Behavioral economics is a field of study that lies at the nexus of economics and psychology. Prof. Howe discusses how the Nobel laureate's teaching of behavioral economics impacts his teachings. [10:53] Diversified Portfolios – Prof. Howe highlights the importance of diversifying one's investments. [15:00] Confirmation Bias – Confirmation bias is a term that refers to our natural predisposition to be receptive to new information that confirms our existing beliefs. Prof. Howe explains how confirmation bias affects the decisions we make on a day to day basis. [20:19] Transitions – Individuals frequently undergo transitions, such as selling a business they have built over the years or acquiring another. Prof. Howe shares his insights on what should be considered during such a transition. [26:43] More on Biases – Prof. Howe explains the reason behind biases by presenting examples from evolutionary psychology. [30:00] Reproducibility – One of the trademarks of the scientific method is the ability to replicate an experiment and obtain the same results. Prof. Howe broadly discusses the reproducibility issue in psychological research. [40:49] Better Decisions - Prof. Howe explains how being well informed on biases can help us making better decisions in the future. [49:31] The Future - Prof. Howe discusses the current research going in the field, as well as the future of behavioral economics. [57:59] Research - Prof. Howe shares the current scientific issues that pique his interest. [01:02:29] Mental Health - Prof. Howe shares his observations concerning the state of mental health in the United States and the way it affects people's financial decisions. [01:06:28] Gamblers – Prof. Howe outlines his view on gambling and how this relates to the human capacity for pattern recognition [01:08:52] Books – Prof. Howe shares several books that are worth reading. Resources: Connect with Professor John Howe: LinkedIn: linkedin.com/in/john-howe-1013498/ Newsletter: johnhowe.substack.com/welcome Mentioned in the episode: Your body language may shape who you are | Amy Cuddy: youtube.com/watch?v=Ks-_Mh1QhMc The Foolish Corner: Avoiding Mind Traps in Personal Financial Decisions: amazon.com/Foolish-Corner-Avoiding-Financial-Decisions/dp/099851070X Science Fictions: How Fraud, Bias, Negligence, and Hype Undermine the Search for Truth: amazon.com/Science-Fictions-Negligence-Undermine-Search/dp/1250222699 Rationality: What It Is, Why It Seems Scarce, Why It Matters: amazon.com/Rationality-What-Seems-Scarce-Matters/dp/0525561994 Misbehaving: The Making of Behavioral Economics: amazon.com/Misbehaving-Behavioral-Economics-Richard-Thaler/dp/039335279X Thinking, Fast and Slow: amazon.com/Thinking-Fast-Slow-Daniel-Kahneman/dp/0374533555 The Psychology of Money: Timeless lessons on wealth, greed, and happiness: amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681
Meaning & Purpose in Retirement, Ep #6In this episode of the One for the Money podcast, I share what you can do to ensure you have a fulfilling retirement. The process has less to do with money than you might think. In the tips, tricks, and strategies portion, I'll share the first of many tax strategies as we approach the individual tax filing deadline of Monday, April 18th, 2022. You'll learn the multitude of reasons you should seriously consider Roth IRAs for your children. Listen in to learn this and more! In this episode...Looking back to look forward [01:15] Replacing your work identity [04:48] Preventing loneliness [07:55] Preparing your kids for retirement [11:38] Meaning and purposeA successful early retirement is way more than pursuing the correct financial strategies. It's having a plan that enables you to do the things that matter most. In the inaugural episode of this podcast, I went over where happiness is ultimately derived. In this episode, I dive deeper into two of those areas: meaning and purpose. You may be baffled by the idea that retirement can feel a bit depressing for some people. For early retirees, it can feel more so. We forget that we get a lot of meaning and purpose from our careers. Finding that same level of meaning and purpose in retirement doesn't happen accidentally. It requires significant planning. When you look up the word retirement, you'll see images of people relaxing on a tropical beach or traveling the world. These images convey feelings of liberation, relaxation, happiness, and joy. But reality can be very different from what you see online. However, your retirement can be even more meaningful with the right type of planning. Finding deep meaning As I shared in the first episode, much of what makes us happy has nothing to do with money. True meaning doesn't have to be something grand like solving world hunger. It can be as simple as spending more meaningful time with your family or volunteering for your community. Ideally, we can find an activity that provides meaning, purpose, and true fulfillment. Another way retirees plan for success is by staying relevant and connected. As an early retiree, many of your friends and family will still work. Losing connections at the workplace can lead to increased feelings of loneliness. Because of that, it's crucial to become involved with organizations before you retire so you can look forward to spending time with people you already know. The exponent of timeIn the episodes leading up to the 2022 personal tax filing deadline, April 18th, I'm going to be going over strategies to not only prepare you for early retirement but to do so in ways that may reduce the taxes you pay in the process. While our focus is on early retirement planning, you may also want to consider helping your children get started on their early retirement planning as well. We always want to pay taxes when it's to our advantage. Obviously, that would mean paying when income tax rates are the lowest. As a child, that rate could be as low as zero. Therefore, contributing to a Roth IRA as a child can mean never having to pay taxes on the amount contributed during this period. As an investor, the single most powerful thing you can do is increase your time horizon. By having your kids set up a Roth IRA, you give them the gift of decades more time for their investments to benefit from compound interest. Resources & People Mentionedhttps://www.simplypsychology.org/maslow.html (Maslow's Hierarchy of Needs | Simply Psychology) https://www.robertlaura.com/ (Robert Laura) https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681 (The Psychology of Money: Timeless lessons on wealth, greed, and happiness) Connect with Jonny Westhttps://betterplanningbetterlife.com/ (https://BetterPlanningBetterLife.com) Connect with Jonny https://www.linkedin.com/in/jonny-west/ (on LinkedIn) Subscribe to ONE FOR THE...
In this episode we speak with TruckPark founder, Anthony Petitte about his journey from corporate recruiting to Transportation Tech founder. We discuss how companies can retain more people, including drivers by treating people like people and not numbers. The book he recommends is: The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel Anthony's Linkedin TruckPark Website
Naeem Smith and Mike Collins dive deep into what new investors need to do to get started. Investors always need to get educated and one of the best ways is by reading books from people who are experienced in the field. In this episode, we discuss about five different books which have given us great insight on mindset and real estate! Plus two bonus books! Links for the books: Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!: Kiyosaki, Robert T.: 0884547133656: Amazon.com: Books Set for Life: Dominate Life, Money, and the American Dream (Financial Freedom, 1): Trench, Scott: 9780997584714: Amazon.com: Books The Subtle Art of Not Giving a F*ck: A Counterintuitive Approach to Living a Good Life: Manson, Mark: 9780062457714: Amazon.com: Books Chop Wood Carry Water: How to Fall in Love with the Process of Becoming Great: Medcalf, Joshua: 9781536984408: Amazon.com: Books The Book on Rental Property Investing: How to Create Wealth With Intelligent Buy and Hold Real Estate Investing (BiggerPockets Rental Kit, 2): Turner, Brandon: 9780990711797: Amazon.com: Books Bonus Books Grit: The Power of Passion and Perseverance: Duckworth, Angela: 9781501111105: Amazon.com: Books The Psychology of Money: Timeless lessons on wealth, greed, and happiness: Housel, Morgan: 9780857197689: Amazon.com: Books Questions, Comments, Concerns, Connections: Email: Greenlightrealestate100@gmail.com Twitter: Green_lightre Naeem's Twitter: naeemsmith_ Instagram: Green_lightre Mike's Instagram: michael.r.collins Donate to improve our podcast: https://www.paypal.me/greenlightre?locale.x=en_US --- Send in a voice message: https://anchor.fm/elevatededge/message Support this podcast: https://anchor.fm/elevatededge/support
Noosheen is the founder and CEO of January.ai, A seed-stage precision health tech company that harnesses the power of artificial intelligence to predict, prevent, postpone, or manage chronic disease. She also manages a family office that includes diverse investments in over 100 companies and venture capital funds. Noosheen is also the co-founder and president of HAND, a family foundation that provides financial, advisory, and advocacy support to hundreds of organizations and dozens of scholars and social entrepreneurs dedicated to protecting the young and promoting socio-economic growth and advancement of individuals. Book recommendation. The Psychology of Money: Timeless lessons on wealth, greed, and happiness. By Morgan Housel.
Episode Notes Jesse Cramer is the founder of the Best Interest - a financial education company, blog, and podcast. His writing has appeared on CNBC, MSN, and the Motley Fool. Resources: Free MIT courses: https://ocw.mit.edu/index.htm The Social Dilemma - Netflix documentary Books: A Random Walk Down Wall Street The Bogleheads' Guide to Investing The Psychology of Money - Timeless lessons on wealth, greed, and happiness Ikigai: The Japanese Secret to a Long and Happy Life Quit Like a Millionaire Quotes: "Throwing out preclearance when it has worked and is continuing to work to stop discriminatory changes is like throwing away your umbrella in a rainstorm because you are not getting wet." - Ruth Bader Ginsberg "Cut mercilessly on what you don't love, spend lavishly on what you do," - Ramit Sethi, I Will Teach You to Be Rich “If you knew a stock would go up tomorrow, then it would just go up today” - Burton G. Malkiel, A Random Walk Down Wall Street Tsundoku - the act of acquiring reading materials but letting them pile up in one's home without reading them. ✩ s o c i a l ✩ ✓ www.facebook.com/groups/investedsuccess/ ✓ Instagram.com/SuccessInvested ✓ Twitter.com/SuccessInvested Business inquiries ➵ hello (at) moneyselfmade.com The views expressed are provided as a general source of entertainment information only and should not be considered to be personal investment advice or solicitation to buy or sell securities. Investors considering any investment should consult with their investment advisor to ensure that it is suitable for the investor's circumstances and risk tolerance before making any investment decisions. The information contained on the blog and this email were obtained from sources believed to be reliable, however, we cannot represent that it is accurate or complete. DISCLAIMER: I get $0.00 financial benefit if you click on the majority of links above, but I also am fully disclosing that I sometimes use affiliate links, often to help me provide you cool discounts. Everything I suggest on my website (affiliate or not) is a product or service I love and use myself. This is a hardcore rule that applies to 100% of anything I recommend. Please don't buy anything unless you'll genuinely benefit from it. Support Invested Success by contributing to their Tip Jar: https://tips.pinecast.com/jar/investedsuccess Find out more at https://investedsuccess.pinecast.co Check out our podcast host, Pinecast. Start your own podcast for free with no credit card required. If you decide to upgrade, use coupon code r-538425 for 40% off for 4 months, and support Invested Success.
Sachin Duggal discusses his career journey, how and why he aggressively paid off $100k in debt, and trends in pharmacy education and practice in Canada. Mentioned on the Show Create a Comprehensive Estate Plan with Thoughtful Wills Register for the “How to Get Started in Real Estate Investing” Webinar on October 12, 2021 at 8:30 PM ET YFP Real Estate Investing Podcast BiggerPockets Connect with Sachin Duggal on LinkedIn I Will Teach You To Be Rich by Ramit Sethi The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel Beat the Bank: The Canadian Guide to Simply Successful Investing by Larry Bates Your Financial Pharmacist Disclaimer and Disclosures
The clearest indicators of our financial solvency are based on the behaviors we exhibit with our investments. Dr. Daniel Crosby PhD is a psychologist, behavioral finance expert, asset manager and bestselling author of four books including “The Behavioral Investor”: https://amzn.to/3Bl4s3t. We examine with him the question of whether financial success ultimately brings us happiness? Surprisingly it can, but not in the ways that we think it does. Having studied the growing list of 200 odd behavioral biases and heuristics, Daniel has whittled them down to what he describes as the four “Big Daddy” biases: ego, emotion, attention and conservatism. We learn about why these matter so much and interestingly what Coke Zero can teach us about our biases! Daniel touches on his other bestselling book “You're Not That Great”: https://amzn.to/3ifiRFC which refreshingly embraces the fact that we are in fact all fairly average! That self esteem is built not by awarding prizes for participation, but by taking a risk, working hard and acknowledging that occasionally we will fall flat on our face along the way! In our Grooving Session with Kurt and Tim, following our interview with Daniel we talk about the ways that we can apply Daniel's insights to improve our wellbeing and our relationships. [Tim quotes the infamous “Man in the Arena '' quote from Theodore Roosevelt but apologies, we incorrectly credited the quote to Eisenhower, not Roosevelt in the episode.] If you would like to invest in the work that Behavioral Grooves does to bring you interviews like Daniels every week, please support our Patreon page: https://www.patreon.com/behavioralgrooves thank you. Topics (3:09) Welcome and speed round. (5:51) Why understanding people is vital to understanding markets. (8:20) Daniel's journey into behavioral finance. (11:02) What behavioral finance can help with beyond your bank balance. (15:17) Can money really boost our happiness? (20:05) The benefits of embracing our mediocrity. (24:30) How stress impacts performance. (26:58) Meta-biases: ego, promotion, attention, conservatism. (31:09) What Coke Zero can teach us about conservatism bias. (36:51) Ethics and behavioral finance. (41:09) What music does Daniel invest in? (48:44) Grooving Session on how to apply Daniel's work in our own lives. © 2021 Behavioral Grooves Books by Daniel Crosby The Laws of Wealth: Psychology and the secret to investing success: https://amzn.to/36NsbuJ The Behavioral Investor: https://amzn.to/3Bl4s3t You're Not That Great: https://amzn.to/3ifiRFC Personal Benchmark: Integrating Behavioral Finance and Investment Management https://amzn.to/3h5TjM1 Links Van Leeuwen Ice Cream Honeycomb: https://vanleeuwenicecream.com/ “Subjective Well-Being and Income: Is There Any Evidence Of Satiation?” Betsy Stevenson and Justin Wolfers (2013): https://www.brookings.edu/wp-content/uploads/2016/06/subjective-well-being-income.pdf “The Psychology of Money: Timeless lessons on wealth, greed, and happiness” by Morgan Housel: https://amzn.to/3onc5C2 Daniel Crosby TEDx: https://www.youtube.com/watch?v=dXUh3wNnFrw “Nudge: The Final Edition” by Richard Thaler and Cass Sunstein: https://amzn.to/2ZqQn5O Barry Ritholtz, Episode 47. How to Reduce Evolutionary Panic: https://behavioralgrooves.com/episode/barry-ritholtz-reducing-panic/ The Rocket City Trash Pandas: https://www.milb.com/rocket-city “Sludge: What Stops Us from Getting Things Done and What to Do about It” by Cass Sunstein: https://amzn.to/3CNQJ4X At Uber, a New C.E.O Shifts Gears, The New Yorker: https://www.newyorker.com/magazine/2018/04/09/at-uber-a-new-ceo-shifts-gears Trevor Foulk episode (publishing at the end of Oct 2021) Seth Stephens-Davidowitz, Episode 246. Are You More Honest with Google or Your Friends? https://behavioralgrooves.com/episode/are-you-more-honest-with-google/ Vanessa Bohns, Episode 253. Why You Don‘t Need to be Powerful to be Influential: https://behavioralgrooves.com/episode/influence-vanessa-bohns/ Ben Parr, Episode 237. Attention: How to Capture It and Keep It with Ben Parr: https://behavioralgrooves.com/episode/attention-with-ben-parr/ Musical Links Phoebe Bridgers “Kyoto”: https://www.youtube.com/watch?v=Tw0zYd0eIlk Elliot Smith “Angeles”: https://www.youtube.com/watch?v=FMSU4QDbdew&ab_channel=lucilwinchester Radiohead “Creep”: https://www.youtube.com/watch?v=XFkzRNyygfk&ab_channel=Radiohead Arcade Fire “The Suburbs”: https://www.youtube.com/watch?v=5Euj9f3gdyM&ab_channel=ArcadeFireVEVO Father John Misty “Real Love Baby”: https://www.youtube.com/watch?v=IOspC5B69L4&ab_channel=SubPop Vampire Weekend “This Life”: https://www.youtube.com/watch?v=FwkrrU2WYKg&ab_channel=VampireWeekendVEVO Run The Jewels “Legend Has It”: https://www.youtube.com/watch?v=vWaljXUiCaE&ab_channel=RunTheJewels
Financial planner Natasha Knox joins Jason for a discussion of how a financial planner develops financial therapy tools and brings this into a financial planning process. Remember to subscribe and earn your continue education credits at bccquiz.online! Supplementary Materials: Introduction to the Genogram The Psychology of Money: Timeless lessons on wealth, greed, and happiness Money Mammoth: Harness The Power of Financial Psychology to Evolve Your Money Mindset, Avoid Extinction, and Crush Your Financial Goals Your Money Script Alaphia Financial Wellness Financial Therapy Association The Power of Money Beliefs Finding Your Own Money Story To Better Communicate With Clients Moneygrams: Recalled Childhood Memories about Money and Adult Money Pathology
In this solo episode of Success That Lasts, Jared Siegel talks about the misconceptions and false expectations people have about economics. “As a wealth advisor, I've observed that the most persuasive evidence is whatever you want to be true,” Jared shares. “It's easy to seek out information that only confirms pre-existing beliefs; the incentives for being right when investing are so big that it's hard to think clearly about the decision without getting distracted by the potential rewards.” The people lauded as expert forecasters are actually no different from the average person, according to Jared. Forecasters, more often than not, aren't even held accountable for their predictions, which are often vague and lack specific timelines. Luck is being passed off as a skill. Data shows that between 1992 and 2014, there were 153 recessions, of which economists only predicted 3%. “What if economists are more like rearview mirrors helping us make sense of economic data once it's behind us?” Jared questions. “People who want different things out of the same asset create reasonable differences and opinions that can be misinterpreted as disagreements,” Jared remarks. “Different timelines and different objectives should influence how you think about your wealth.” Resources Jared Siegel on LinkedIn | Twitter DelapCPA.com Michael Burry Predicts an Imminent Stock Market Crash The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel Superforecasting: The Art and Science of Prediction by Phillip Tetlock Thinking, Fast and Slow by Daniel Kahneman 1992 Berkshire Hathaway Chairman Letter
Jay Papasan is a bestselling author, corporate speaker, and the vice president and executive editor at Keller Williams Realty Inc. He is also co-owner and co-founder of several successful businesses, such as KellerINK, Keller Capital, and, alongside his wife Wendy, Papasan Properties Group in Austin, Texas.Jay was born and raised in Memphis, Tennessee. After concluding his study at the University of Memphis, he spent several years working abroad in Paris before attending New York University's graduate writing program. After graduating he found work at HarperCollins Publishers, where he helped piece together bestselling books such as Body-for-Life by Bill Phillips and Go for the Goal by Mia Hamm. In 2013 Jay co-authored the bestselling real estate series The One Thing, with Gary Keller, who is the founder of Keller Williams Realty Inc. His most recent work has debuted at #6 on the Wall Street Journal bestseller list and reached #1 on May 3, 2013. Since then it has made more than 500 appearances on national bestseller lists and has been translated into 30 languages. Listen in as they discuss:Jay's journey to where he is at now.Multitasking and balance.Finding your WHY by understanding what you are fundamentally working for.Assessing and breaking down your goals.And, more!Jay also shares some of the worst advice he has seen or heard given in his area of expertise.TIP OF THE WEEKMark: My tip of the week is actually going to be one of those things, this book is literally going to be transformative, it is the one thing that I always recommend because it's that transformative, it is the1thing.com.Jay: I'm going to share the book that I've read. It's a book called Happy Money by Elizabeth Dunn and Dr. Michael Norton. It's not about building wealth, it's about if you have a dollar what is the best thing you can do with it that will actually lead to more fulfillment and happiness, and it's all based on research. And The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life by JL Collins is the single-best primer I've read that matches my philosophy for how one would use the public markets to build wealth. It explains compounding interest on how we retire on passive income in more detail than I've ever read before. Another great book is The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel, it's mental tricks about money that we can fall prey to or we can take advantage of. It's deeply-researched, wonderfully written.Did you enjoy this episode? Check out another one of our exciting episodes with special guest Johnny FD as they discuss how to create passive income to live financially free.Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?
The kind of returns and tax benefits in raw land investingHow to decide where to invest in for the first timeReasons to buy a raw landTimeline to make a good passive incomeWhere to get addresses for direct mailingLife and Money Impact RoundWhat is the one thing to do now to live a meaningful and intentional life by design?What is one life or money hack that you can share to make an impact on others' lives?One thing to do right now to make the world a better placeBOOKS MENTIONEDProfit First: Transform Your Business from a Cash-Eating Monster to a Money-Making MachineThe Psychology of Money: Timeless lessons on wealth, greed, and happinessRESOURCES/LINKS FROM THIS EPISODELand VA 4uLG PassWe CroakWaking UpThe Land Geek - Quick DealsABOUT MARK PODOLSKYMark is the author of ‘'Dirt Rich, the ultimate guide to helping you build a passive income'' and owner of Frontier Properties, a very reputable and successful land investing company, and has been buying and selling land full time since 2001. By focusing on working smart, not hard, he has completed over 5,500 land deals with an average ROI of over 300% on cash flips, and over 1,000% on the deals he sells with financing terms.CONNECT WITH MARKWebsite: www.thelandgeek.comInstagram: @thelandgeekFacebook: The Land GeekYouTube: The Land GeekCONNECT WITH USTo connect with Annie and Julie, as well as with other Investing For Good listeners, and to get the latest scoop on new and upcoming episodes, join Life and Money Show Podcast Community on Facebook.To learn more about real estate syndication investment opportunities, join the Goodegg Investor Club.Be sure to also grab your free copy of the Investing For Good book (just pay S&H)--Thanks for listening, and until next time, keep investing for good!
Are you present? Are you learning from your journey, especially when you stumble? Scott O'Neil recognizes we all struggle and need gentle reminders to be present, whether this is professionally or personally. Scott joins Kevin to discuss his book, Be Where Your Feet Are: Seven Principles to Keep you Present, Grounded and Thriving. As the CEO of Harris Blitzer Sports & Entertainment, which includes the Philadelphia 76ers (NBA) and the New Jersey Devils (NHL), he knows you win some you lose some. If you recognize where you are at, you have the opportunity to grow, go outside of your comfort zone, and be more prepared. We are about instant gratification, and we choose to take a long view and ask ourselves what we want to be and who we want to serve; it will change the way we work (for the better). This episode is brought to you by… From Manager to Remarkable Leader, Kevin's Flagship workshop based on his proven leadership model. Additional Leadership Resources Book Recommendations: The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel Be Where Your Feet Are:Seven Principles to Keep You Present, Grounded, and Thriving by Scott O'Neil Connect with Scott O'Neil: Twitter | LinkedIn Related Podcast Episodes: The Mindsets and Habitsets of Leadership with Darrin Gray. Understanding Power with Deborah Gruenfeld. Eat, Sleep, Work, Repeat with Bruce Daisley. What it Takes to Be in Awe with John O'Leary. Follow the Podcast Don't miss an episode! Follow this podcast through the options below. iTunes Stitcher TuneIn Soundcloud RSS Or your favorite podcast app.
Monday Thoughts - Behavior vs IntelligenceThe Psychology of Money: Timeless lessons on wealth, greed, and happinesshttps://amzn.to/2S7RbZNSupport the show (https://www.patreon.com/back2basicsmode?fan_landing=true)
Kary Oberbrunner shares expert strategies for bringing your attention back to what matters most. — YOU'LL LEARN — 1) The wrong and right ways of dealing with task overload 2) The three components of deliberate magnetic focus 3) The two triggers of flow state Subscribe or visit AwesomeAtYourJob.com/ep638 for clickable versions of the links below. — ABOUT KARY — Kary Oberbrunner is CEO of Igniting Souls. Through his writing, speaking, and coaching, he helps individuals and organizations clarify who they are, why they're here, and where they should invest their time and energy. Kary struggled to find his own distinct voice and passion. As a young man, he suffered from severe stuttering, depression, and self-injury. Today a transformed man, Kary equips people to experience Unhackability in work and life and share their message with the world. He believes the most powerful weapon on earth is the human soul on fire. His vision is to ignite 100 million souls by 2030. Kary lives in Ohio with his wife, Kelly, and three children: Keegan, Isabel, and Addison. • Kary's book: Day Job to Dream Job: Practical Steps for Turning Your Passion into a Full-Time Gig • Kary's book: Elixir Project • Kary's book: Unhackable: The Elixir for Creating Flawless Ideas, Leveraging Superhuman Focus, and Achieving Optimal Human Performance • Kary's website: UnhackableBook.com — RESOURCES MENTIONED IN THE SHOW — • Article: “Putting a Finger on Our Phone Obsession” • Book: The Hero with a Thousand Faces (The Collected Works of Joseph Campbell) by Joseph Campbell • Book: The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel — THANK YOU SPONSORS! — • Canva. Design like a pro–for less time and money at canva.me/awesomeSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In this episode, Steve talks with Ray Olson, the President and owner of Ray Olson Family Financial Planning in Richmond, Virginia. Ray, a self-described “recovering CPA”, leans heavily into his client's inquisitive nature. He pushes them to question the “how” and “why” of his firm's financial planning advice. Stepping into his father's business, Ray transformed it from a product-based firm to a full-service wealth management firm. His father taught him how to approach client discovery: ask simple questions and let the client talk. Listening and learning all you can about your clients before you ever talk about finances is a technique that Ray has passed to his employees. Ray talks with Steve about why it's important to make sure your client relationships are mutually inquisitive, the steps and experiences that create a warm client culture, and how their focus on improving client experience has led to a 100 percent referral-based business. “I'm not sitting behind a desk asking a bunch of questions. We're sitting down, almost like in your living room, and I go, ‘So tell me what's important?' And they've got something to drink to help them relax and be comfortable. Some people aren't going to be comfortable and it's hard to talk about it. But I think I'm pretty good at trying to help relax people because I can talk to them naturally. It's just kind of an instinct.” ~ @RayOlsonLLC Main Takeaways A client's behavior is the biggest threat to their financial plan. That's why it's critical for financial planners to understand human behavior and to apply those learnings to how they manage their clients. Client education leads to more active engagement in their financial decision making. If you can get clients to ask questions and engage with you, they're going to be more satisfied with the service you provide. The family unit has to be fully engaged for a financial plan to truly work as intended. The more buy-in you have from the entire family, the better the outcomes. For clients to share meaningful insights, they have to feel comfortable. It's the advisor's job to create an environment that invites and fosters that feeling of comfort and trust. Links and Important Mentions The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel The Checklist Manifesto: How to Get Things Right by Atul Gawande Bacharach Approach Ray on Twitter Ray on LinkedIn Ray on YouTube Ray on Facebook Subscribe and Stay in Touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter
Season One of We Should Be Sleeping kicks off. Heather defends why her 6,000 unread emails don't make her a sociopath, and the couple shares their top hype songs for the ages. Guest Morgan Housel, award-winning author of The Psychology of Money: Timeless lessons on wealth, greed, and happiness, discusses his evolution as a "blogger," and if people can ever truly have enough.
Annie Duke returns for her second appearance on the The Value Perspective. Juan Torres Rodriguez sat down to discuss with Annie more about the probabilistic mind-set. Annie shows how using probabilities to observe your everyday actions can help you to understand the decisions that you make and recognise how and why you make guesses. Her new book ‘How to Decide: Simple Tools for Making Better Choices' is available now. Minutes: 01:06 Intro to Annie 02:03 How can you help people to think about probabilities? How can use it to express uncertainty? 11:36 Using ranges to understand uncertainty – The Archer's Mindset 17:10 How can you get better at understanding base rates? 27:28 Overcoming dispersion within a team 35:22 Making decisions under time pressure 41:06 Are outcomes only interesting when they weren't what you expected? 53:43 How do you avoid “resulting” in reaction to bad outcomes? 01:01:26 Can you give an example of a decision that resulted in a bad outcome? This episode's book recommendations: The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel The Biggest Bluff: How I Learned to Pay Attention, Take Control and Master the Odds by Maria Konnikova How to Change: the Science of Getting From Where You Are To Where You Want to Be by Katy Milkman (available for pre-order) NEW EPISODES: You can subscribe via Podbean or use this feed URL (https://tvpschroders.podbean.com/feed.xml) in Apple Podcasts, Spotify, and other podcast players. GET IN TOUCH: send us a tweet: @TheValueTeam Important information. This podcast is for investment professionals only. This information is not an offer, solicitation or recommendation to buy or sell any financial instrument or to adopt any investment strategy. Any data has been sourced by us and is provided without any warranties of any kind. It should be independently verified before further publication or use. Third party data is owned or licenced by the data provider and may not be reproduced, extracted or used for any other purpose without the data provider's consent. Neither we, nor the data provider, will have any liability in connection with the third party data. Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. Any references to securities, sectors, regions and/or countries are for illustrative purposes only. The views and opinions contained herein are those of individual to whom they are attributed, and may not necessarily represent views expressed or reflected in other communications, strategies or funds. The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. Exchange rate changes may cause the value of any overseas investments to rise or fall. Past Performance is not a guide to future performance and may not be repeated. The forecasts included should not be relied upon, are not guaranteed and are provided only as at the date of issue. Our forecasts are based on our own assumptions which may change.
This week I spoke to Morgan Housel. Morgan is a partner at the Collaborative Fund – a firm responsible for over $300 million - a former columnist at The Motley Fool and The Wall Street Journal, and, crucially for today's interview, the award-winning author of ‘The Psychology of Money: Timeless lessons on wealth, greed, and happiness'. Morgan's insight into how the human mind thinks about this well-trodden topic are truly unique, as he busts some well-established myths, by telling the stories of investing and business greats including: Warren Buffett, Bill Gates, Jesse Livermore & many more that you've probably never heard of. Enjoy the episode!Morgan's book is available on Amazon - just hit the link to order your copy: https://www.amazon.co.uk/Psychology-Money-Timeless-lessons-happiness/dp/0857197681 Want further Opto insights? Check out our daily newsletter: https://www.cmcmarkets.com/en-gb/opto/newsletter
Обсуждаем главные уроки из новой книги Моргана Хаузела "Психология денег"/ Morgan Housel "The Psychology of Money". Как образуются пузыри на рынках, чем плоха книга "Разумный инвестор", как на самом деле стать Уорреном Баффеттом. Bastion в Telegram https://t.me/bastionportfolio Книга - The Psychology of Money: Timeless lessons on wealth, greed, and happiness https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681
Our guest today is Morgan Housel, Partner at Collaborative Fund, a former columnist at The Motley Fool and The Wall Street Journal, and arguably the best financial writer of our time. In this episode, we discuss his writing process, his advice to those in the finance industry looking to start or improve their writing, and his new book, The Psychology of Money: Timeless lessons on wealth, greed, and happiness. Some of the topics he touches on include what his goal of personal finance is, how we can use money to make us happier, and the different muscles required to build wealth and maintain wealth. Our local co-host today is Steve Curley, CFA, CIO of WaterOak Advisors and current President of the CFA Society of Orlando. Please enjoy the episode. To read his article that was the original idea for the book, click here. To read his article about tail risk mentioned at the end of the episode, click here. Follow the CFA Society of Orlando on Twitter at @CFAOrlandoFL