#7 Study Notable Life Stories and Find Yourself a Role Model

In the past 40 years, we've seen only two types of U.S. economies. A new and different economy could be right around the corner. What is it and how do I position my investment portfolio to take advantage?

Related episode:

#10: What Eddie Izzard Taught Me About Investing for the Long-Term [link]

Related blog post:

Use this 2x2 matrix to learn which investments will shine this year [link]

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Welcome to the Fast Follow Investor Podcast. I am a founder and financial coach. Each week, we study smarter wealth-building strategies for entrepreneurs and investors. I want all of us to reach financial freedom faster and live the absolute best lives we can.

If you’ve recently discovered the podcast, please listen to Episode #1 for a guide to navigating back episodes.

Access all of my writing at fastfollowinvestor.com.

Subscribe for free at fastfollowinvestor.com/subscribe.

One way that you can support the podcast is to like and comment on it inside your podcast player. If you choose to do this for me, write me a comment, take a screenshot, and email me at brian@fastfollowinvestor.com. The next 10 to do this will get a free year of my monthly investing service. Use it to diversify your existing buy & hold strategy. 

This offer is in no way financial advice. Rather, it is very important financial education!

Welcome to the Fast Follow Investor Podcast. I am a founder and financial coach. Each week, we study smarter wealth-building strategies for entrepreneurs and investors. I want all of us to reach financial freedom faster and live the absolute best lives we can.

If you’ve recently discovered the podcast, please listen to Episode #1 for a guide to navigating back episodes.

Access all of my writing at fastfollowinvestor.com.

Subscribe for free at fastfollowinvestor.com/subscribe.

One way that you can support the podcast is to like and comment on it inside your podcast player. If you choose to do this for me, write me a comment, take a screenshot, and email me at brian@fastfollowinvestor.com. The next 10 to do this will get a free year of my monthly investing service. Use it to diversify your existing buy & hold strategy. 

This offer is in no way financial advice. Rather, it is very important financial education!

Fast Follow Investing draws parallels with the fast follow technology strategy. It also sounds much better than 'Tactical Asset Allocation' or TAA. TAA is the investment strategy on which Fast Follow Investing is based. My logo choice of raised glasses aims to make its implementation enjoyable. For Fast Follow Investing to work, you must calculate and make trades of passive, indexed ETFs every month. I suggest scheduling a monthly date night or friendly meet-up, given your stage in life. Include dinner and raised glasses of whatever you most enjoy and stay committed to the strategy.

Related episodes:

Episode #3: How to Create Great Wealth with Little Stress

Episode #4: How to Gain Control of Your Buy and Hold Portfolio

Episode #5: The Life-Changing Magic of Monthly Date Nights

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Welcome to the Fast Follow Investor Podcast. I am a founder and financial coach. Each week, we study smarter wealth-building strategies for entrepreneurs and investors. I want all of us to reach financial freedom faster and live the absolute best lives we can.

If you’ve recently discovered the podcast, please listen to Episode #1 for a guide to navigating back episodes.

Access all of my writing at fastfollowinvestor.com.

Subscribe for free at fastfollowinvestor.com/subscribe.

One way that you can support the podcast is to like and comment on it inside your podcast player. If you choose to do this for me, write me a comment, take a screenshot, and email me at brian@fastfollowinvestor.com. The next 10 to do this will get a free year of my monthly investing service. Use it to diversify your existing buy & hold strategy. 

This offer is in no way financial advice. Rather, it is very important financial education!

Second-level thinking is a form of deep learning that can help you develop an edge. I call this principle “Think Again” and it is foundational to smart investors.

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Welcome to the Fast Follow Investor Podcast. I am a founder and financial coach. Each week, we will study smarter wealth-building strategies for entrepreneurs and investors. I want all of us to reach financial freedom faster and live the absolute best lives we can.

If you’ve recently discovered the podcast, please listen to Episode #1 for a guide to navigating back episodes.

Access all of my writing at fastfollowinvestor.com.

Subscribe for free at fastfollowinvestor.com/subscribe.

One way that you can support the podcast is to like and comment on it inside your podcast player. If you choose to do this for me, write me a comment, take a screenshot, and email me at brian@fastfollowinvestor.com. To show my appreciation, the first 50 to do this will get a free year of my monthly investing service. Use it to diversify your existing buy & hold strategy. 

This offer is in no way financial advice. Rather, it is very important financial education!

Get Ed Thorpe's autobiography A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market on Kindle or in paperback using these links and help support the podcast. 

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Welcome to the Fast Follow Investor Podcast. I am a founder and financial coach. Each week, we will study smarter wealth-building strategies for entrepreneurs and investors. I want all of us to reach financial freedom faster and live the absolute best lives we can.

If you’ve recently discovered the podcast, please listen to Episode #1 for a guide to navigating back episodes.

Access all of my writing at fastfollowinvestor.com.

Subscribe for free at fastfollowinvestor.com/subscribe.

One way that you can support the podcast is to like and comment on it inside your podcast player. If you choose to do this for me, write me a comment, take a screenshot, and email me at brian@fastfollowinvestor.com. To show my appreciation, the first 50 to do this will get a free year of my monthly investing service. Use it to diversify your existing buy & hold strategy. 

This offer is in no way financial advice. Rather, it is very important financial education!

Economists say humans are rational and emotionless investors. Wrong! Humans are highly emotional, and it hurts our portfolios. The good news is that we can train ourselves to become more levelheaded investors by taking 3 specific actions.

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Welcome to the Fast Follow Investor Podcast. I am a founder and financial coach. Each week, we will study smarter wealth-building strategies for entrepreneurs and investors. I want all of us to reach financial freedom faster and live the absolute best lives we can.

If you’ve recently discovered the podcast, please listen to Episode #1 for a guide to navigating back episodes.

Access all of my writing at fastfollowinvestor.com.

Subscribe for free at fastfollowinvestor.com/subscribe.

One way that you can support the podcast is to like and comment on it inside your podcast player. If you choose to do this for me, write me a comment, take a screenshot, and email me at brian@fastfollowinvestor.com. To show my appreciation, the first 50 to do this will get a free year of my monthly investing service. Use it to diversify your existing buy & hold strategy. 

This offer is in no way financial advice. Rather, it is very important financial education!

We like monthly date nights. You might call them meet-ups. I think the most important point is simply to find someone you care about and get them involved! 

With just 12 dates a year, we have absolutely no reason to miss one. Over the course of an evening, we discuss all aspects of our lives.  

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Welcome to the Fast Follow Investor Podcast. I am a founder and financial coach. Each week, we will study smarter wealth-building strategies for entrepreneurs and investors. I want all of us to reach financial freedom faster and live the absolute best lives we can.

If you’ve recently discovered the podcast, please listen to Episode #1 for a guide to navigating back episodes.

Access all of my writing at fastfollowinvestor.com.

Subscribe for free at fastfollowinvestor.com/subscribe.

One way that you can support the podcast is to like and comment on it inside your podcast player. If you choose to do this for me, write me a comment, take a screenshot, and email me at brian@fastfollowinvestor.com. To show my appreciation, the first 50 to do this will get a free year of my monthly investing service. Use it to diversify your existing buy & hold strategy. 

This offer is in no way financial advice. Rather, it is very important financial education!

Buy & Hold investing is like a ride on a roller coaster. A roller coaster entertains riders with steep climbs and steeper drops. You must put your trust in the ride because you have no control. For long stretches, there is a lot of up and down, but you make no vertical progress. But, riding is easy. You get on the ride and go ...think: set it and forget it.

Fast Follow Investing is more like a mountain trek. Hiking a mountain takes preparation and, sometimes, training. You choose your path, and so control your destiny. While you may need to backtrack, it’s minimal if you plan your route well. When you reach the summit, you’re exhausted but feel great given the achievement.

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Welcome to the Fast Follow Investor Podcast. I am a founder and financial coach. Each week, we will study smarter wealth-building strategies for entrepreneurs and investors. I want all of us to reach financial freedom faster and live the absolute best lives we can.

If you’ve recently discovered the podcast, please listen to Episode #1 for a guide to navigating back episodes.

Access all of my writing at fastfollowinvestor.com.

Subscribe for free at fastfollowinvestor.com/subscribe.

One way that you can support the podcast is to like and comment on it inside your podcast player. If you choose to do this for me, write me a comment, take a screenshot, and email me at brian@fastfollowinvestor.com. To show my appreciation, the first 50 to do this will get a free year of my monthly investing service. Use it to diversify your existing buy & hold strategy. 

This offer is in no way financial advice. Rather, it is very important financial education!

“Idols” is foundational to how I build wealth and pursue financial independence. It is efficient, yet flexible. And I urge you to try it out. Its 4 pillars:

• Margin of Safety: 25% Warren Buffett, of Berkshire Hathaway fame
• Micro-Business: 25% Sam Walton, from Walmart
• Buy & Hold Investing: 25% John Bogle, founder of Vanguard
• Fast Follow Investing: 25% Ed Thorpe, the math genius who beat Vegas and Wall Street

Related episodes:

• Episode #6: The Great One Tells Us to be Greedy when Others are Fearful…but how Exactly?
• Episode #7: Study Notable Life Stories and Find Yourself a Role Model.

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Welcome to the Fast Follow Investor Podcast. I am a founder and financial coach. Each week, we study smarter wealth-building strategies for entrepreneurs and investors. I want all of us to reach financial freedom faster and live the absolute best lives we can.

If you’ve recently discovered the podcast, please listen to Episode #1 for a guide to navigating back episodes.

Access all of my writing at fastfollowinvestor.com.

Subscribe for free at fastfollowinvestor.com/subscribe.

One way that you can support the podcast is to like and comment on it inside your podcast player. If you choose to do this for me, write me a comment, take a screenshot, and email me at brian@fastfollowinvestor.com. To show my appreciation, the first 50 to do this will get a free year of my monthly investing service. Use it to diversify your existing buy & hold strategy. 

This offer is in no way financial advice. Rather, it is very important financial education!

I created the Fast Follow Investor podcast for me. I do it for someone who is 5 years from finding financial freedom. But, I also do it for my younger self…to share lessons I wish I had known earlier. I also do it for my future self…to help me visualize what I want my life to become.

You may not be a 47-year-old, married, father of one who is a management consultant by day and lover of great biographies by night. Still, I hope you find my ramblings helpful as you pursue your well-intentioned life.

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Welcome to the Fast Follow Investor Podcast. I am a founder and financial coach. Each week, we will study smarter wealth-building strategies for entrepreneurs and investors. I want all of us to reach financial freedom faster and live the absolute best lives we can.

If you’ve recently discovered the podcast, please listen to Episode #1 for a guide to navigating back episodes.

Access all of my writing at fastfollowinvestor.com.

Subscribe for free at fastfollowinvestor.com/subscribe.

One way that you can support the podcast is to like and comment on it inside your podcast player. If you choose to do this for me, write me a comment, take a screenshot, and email me at brian@fastfollowinvestor.com. To show my appreciation, the first 50 to do this will get a free year of my monthly investing service. Use it to diversify your existing buy & hold strategy. 

This offer is in no way financial advice. Rather, it is very important financial education!