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    RWH006: Master Your Mind w/ Arnold Van Den Berg

    enMay 10, 2022
    What challenges did Arnold face growing up during the Holocaust?
    How did Arnold Vandenberg succeed in finance despite his background?
    What lesson did the speaker learn from his defeat in the race?
    How did the girl's Christian family support her during the Holocaust?
    What does the story reveal about principles and personal sacrifice?

    Podcast Summary

    • Transforming Adversities into SuccessArnold Vandenberg, a Holocaust survivor, defied the odds and built a prosperous life through self-control, mindset, and resilience.

      That no matter the adversities we face in life, it's possible to transform our circumstances and build a successful and abundant life. Arnold Vandenberg, the guest on this episode, is a testament to this. Born in Amsterdam during the Holocaust, Arnold and his family went into hiding, and he barely made it through high school. Despite these challenges, he taught himself to invest and built an exceptional record as a money manager over the last 4 decades. What sets Arnold apart, though, is not just his financial success but his likable, generous spirit and enthusiasm for helping others. In this conversation, Arnold shares insights on how he transformed his life by taking control of his mind, and we can all learn from his experiences to improve our own lives. Despite the odds being stacked against him, Arnold defied them and built a prosperous life that goes beyond just financial success.

    • A girl's journey to escape the Holocaust with her family's helpDeeply held beliefs can inspire people to risk their lives to protect them or others, demonstrating the profound impact of principles.

      During the Holocaust, a 17-year-old girl and her brother took a dangerous journey, risking their lives to escape Nazi persecution. They relied on the deep faith and principles of their Christian family, who went to great lengths to help them, even if it meant risking their own lives. The girl's father, a minister, played a crucial role in their escape, moving people and resources to help them. When Arnold Van Den Berg, the survivor, asked a psychiatrist why they would risk their lives for him, the doctor explained that people prioritize their principles over their lives or their lives over their principles. The story of this girl and her family illustrates the profound impact of deeply held beliefs and the lengths people will go to protect them.

    • The importance of following the truthDiscovering the truth, even when difficult or conflicting, is essential for personal growth and understanding. The power of emotions and the subconscious mind can influence our beliefs and actions.

      Following the truth, no matter how difficult or conflicting it may be, is essential for personal growth and understanding. Arnold Van Den Berg's story illustrates this principle as he struggled with the conflict between Christian and Jewish beliefs about Jesus. He realized that worrying about who was right was not as important as discovering the truth itself. This shift in thinking opened up a new world for him, allowing him to question and challenge the beliefs he had accepted without question. Meanwhile, Arnold's parents were also dealing with the uncertainty of his whereabouts during the Holocaust. Despite the risks, his mother's emotional need to know led her to go to a butcher shop with Arnold to use the phone. Unfortunately, they were caught and sent to a holding tank, where they eventually were taken to Auschwitz. Arnold's mother's constant worry and fear for her children's safety, and the power of her subconscious mind, led her to instill in Arnold the belief that he should never have children. However, Arnold later discovered that he had three brothers, and when he remarried and wanted to have a child, he and his wife were unable to do so for several years. Throughout his life, Arnold's experiences taught him the importance of following the truth, even when it is difficult or goes against societal norms, and the power of the subconscious mind and emotions.

    • The Power of Unconscious BeliefsChildhood experiences and beliefs can deeply influence our decisions and actions, sometimes unconsciously. Self-awareness and therapy can help uncover and address these mental blocks for personal growth.

      Our subconscious mind can significantly influence our decisions and experiences, often shaped by past experiences and beliefs instilled in us as children. Arnold Van Den Berg shared his personal story of how his mother's wishes against having children had deeply influenced his mind, leading him to believe he couldn't have a family. This belief remained unconscious until he underwent hypnosis therapy, where he discovered the root cause in his childhood memory of starvation in an orphanage. The smell of certain plants, reminiscent of their meager meals, triggered this memory and the associated emotions and physical sensations. By recognizing and addressing this mental block, Arnold was able to have a child and overcome the influence of his past. This powerful demonstration of the mind's capabilities highlights the importance of self-awareness and the potential for healing and growth through introspection and therapy.

    • Story of Arnold Van Den Berg in a Christian orphanageEmpathy, understanding, and compassion are crucial during hardships, but their impact can last a lifetime

      During the war, Arnold Van Den Berg was hidden and cared for in a Christian orphanage, where conditions were extremely harsh due to the scarcity of food and water. The risks taken by the people running the orphanage to hide Jewish kids were commendable, but the lack of essential resources led to challenging circumstances. Arnold shared a story of how he once disobeyed the rules to get water for the kids, only to be severely punished by the lady in charge. Despite her apology and visit after the war, Arnold held a grudge, illustrating the deep impact of childhood experiences. This incident underscores the importance of empathy, understanding, and compassion, especially during challenging times.

    • The Power of Focus and DeterminationFocusing on important goals and staying determined can help us overcome challenges and make informed decisions in business, investing, and beyond

      Focus and determination can help us overcome even the most challenging circumstances. As shared by Arnold Van Den Berg, his father's ability to focus on moving his leg during the grueling 24-hour death march helped him survive Auschwitz. Similarly, Rainn Wilson's focus on bringing his unique business idea to life with AT&T's support led to the success of Sleep with Rain. In our busy lives, it's essential to stay informed, and Yahoo Finance is a valuable tool to help us do just that. By focusing on the most important financial news and trends, we can make informed decisions and stay ahead of the curve. Whether it's business, investing, or surviving adversity, the power of focus and determination can help us achieve our goals.

    • The enduring power of love and connectionBoth Holocaust survivor Viktor Frankl and Arnold Van Den Berg's stories illustrate the profound importance of love and connection in providing hope, healing, and meaning during times of hardship.

      The power of love and connection was evident in both the harrowing experiences of the Holocaust survivor, Viktor Frankl, and Arnold Van Den Berg's own story of reunion with his family. Frankl's account of focusing on his wife's presence, even in the face of uncertainty and extreme conditions, underscores the profound importance of love and connection. Van Den Berg's story of not recognizing his parents at first but later being reassured by their love and care demonstrates the transformative impact of familial bonds. Both men's experiences highlight the human capacity to find meaning and salvation through love. Despite the hardships and challenges they faced, their stories remind us of the enduring power of love to bring hope, healing, and connection.

    • The power of beliefs and determinationBeliefs, whether formed from past experiences or external influences, can impact our self-perception and performance. Setbacks and failures do not define our abilities, but rather our response to them does.

      Beliefs, whether formed from past experiences or external influences, can significantly impact our self-perception and performance. The speaker's experience of being removed from a class and labeled as having learning difficulties led him to believe that he was not intelligent, which in turn affected his academic performance and self-esteem. However, through perseverance and determination, he was able to overcome his physical handicap and become a champion in gymnastics. A pivotal moment came when he challenged a stronger competitor in a race, resulting in a humiliating defeat. Instead of quitting, he chose to reflect on the experience and adopt a new technique to improve his performance. This experience taught him that setbacks and failures do not define our abilities, but rather our response to them does. The power of belief is demonstrated in the speaker's transformation from a struggling student to a successful athlete. And it goes to show that with the right mindset and determination, one can overcome challenges and achieve their goals.

    • The power of belief in achieving goalsBelief in oneself and abilities is crucial for overcoming obstacles and achieving success. Excitement and positive visualization can trigger the subconscious mind, shaping feelings, attitude, and ultimately, reality.

      Belief plays a crucial role in achieving goals. Arnold Van Den Berg, who struggled with bullying and malnourishment, found a new climbing technique that ignited his determination to become the next champion. Despite the challenges, he remained positive and visualized himself succeeding. His unwavering belief in his abilities led him to perfect the technique and ultimately reach his goal of becoming the league champion. The psychiatrist later explained that Arnold's excitement and belief in himself had triggered his subconscious mind, shaping his feelings, attitude, and ultimately, his reality. This experience underscores the importance of having a strong belief in oneself and one's abilities to overcome obstacles and achieve success.

    • Believing in oneself leads to great achievementsUnwavering belief in oneself can propel you to overcome challenges and achieve remarkable goals, even when faced with skepticism or doubt.

      Having unwavering belief in oneself and one's abilities, even in the face of seemingly insurmountable odds, can lead to remarkable achievements. Arnold's experience with rope climbing showcased this concept. Despite being behind other competitors, he believed he could beat them and ultimately did. This mindset propelled him to win the league and qualify for the National AAU meet, where he placed 9th. This experience instilled in him a strong confidence that carried over into his business ventures, allowing him to start Synchrony Management despite not having a college education or formal training. However, not everyone shared his belief in his abilities, and he faced skepticism from others. Yet, Arnold's unwavering belief in himself remained unshaken, and he continued to pursue his goals with determination. The lesson here is that believing in oneself and one's abilities, even when faced with doubt or adversity, can lead to incredible outcomes.

    • The Power of Self-belief and Determination in InvestingAnyone can succeed in investing with the right mindset and dedication, even without a record, assets, or education. Learn from experts and apply their principles to overcome challenges.

      Self-belief and determination can overcome seemingly insurmountable obstacles in the world of investing. The speaker, Arnold Van Den Berg, faced numerous challenges, including a lack of investment record, assets, or education, but he refused to let these factors deter him. Instead, he focused on learning from the experts, such as Benjamin Graham, and applying their principles to his own approach. The experience of observing the performance of funds managed by Graham's disciples and his mother's business acumen instilled in him the importance of buying stocks at a discount, or "wholesale price," and led him to develop a deep appreciation for Graham's teachings. Ultimately, Van Den Berg's story demonstrates the power of perseverance and the belief that anyone can succeed in the investment world with the right mindset and dedication.

    • Buying undervalued companies in bear marketsIdentifying undervalued companies in bear markets and having financial discipline and belief in analysis can lead to significant returns.

      Understanding the value of a company and buying it when everyone else is bearish can lead to significant returns in the market. The speaker, who learned this lesson during the bear market of 1974, emphasized the importance of financial discipline and belief in one's analysis, even when faced with widespread pessimism. He also highlighted the impact of market sentiment on stock prices and the importance of not letting fear dictate investment decisions. The speaker's success story demonstrates that even in the most bearish markets, opportunities for profit exist, and those who can identify undervalued companies can reap substantial rewards.

    • A turnaround for commodities and potential oil crisisSuccessful investor Arnold Van Den Berg predicts a commodity rebound and an oil crisis by 2022. Unconventional education and common sense can lead to financial success despite a conventional MBA or CPA background.

      The commodities are poised for a turnaround after a long period of disinterest due to the bull market in technology. Arnold Van Den Berg, a successful investor, believes we are heading in the direction of an oil crisis by the end of 2022. While a conventional education may provide valuable knowledge, Van Den Berg emphasizes the importance of common sense and self-learning. He shares an example of his brother, a CPA with an MBA, who underestimated his ability to help clients price their services correctly due to his unconventional education. The success stories of individuals like Van Den Berg demonstrate that unconventional paths can lead to financial success.

    • Believing in yourself and your abilitiesBelieving in yourself and focusing on growth can lead to success, even during tough times. Visualize success and be influenced by positive teachings.

      Having a strong belief in yourself and your abilities, even during tough times, can lead to success. The speaker in this conversation shared an experience where he was advised by a friend to charge for his time and focus on growing his business, rather than working for clients who couldn't pay. Although the friend's advice was difficult to hear, the speaker believed in his potential and continued to work towards his goals. He also emphasized the power of the subconscious mind and the importance of visualizing success. The speaker's experiences were influenced by the teachings of authors like J.K. Williams and Napoleon Hill, who emphasized the role of the mind in shaping one's destiny. Ultimately, the speaker's dedication and belief in himself paid off, and he became a successful money manager.

    • The Power of Believing and Visualization in SuccessUsing visualization and self-hypnosis, Arnold Van Den Berg transformed limiting beliefs and achieved success in money management.

      Visualization and self-hypnosis played crucial roles in Arnold Van Den Berg's success as a money manager. After being rejected from writing an article for a magazine, he was surprised when they asked him to be the subject instead. During the photo shoot, he stood next to a panel that caught the photographer's eye, and the resulting cover image shocked him. Van Den Berg also shared his experience with self-hypnosis, explaining that the subconscious mind responds to images and repetition. He used this technique to change limiting beliefs from his past. To practice self-hypnosis, one can find a quiet and comfortable place, focus on calming breathing, and use positive affirmations or visualizations to reprogram their subconscious mind. This story illustrates the power of believing in oneself and using the mind to create a desired reality.

    • The Power of Our Subconscious Mind and ThoughtsThrough neuroplasticity, we can change negative beliefs and reprogram our subconscious mind with positive affirmations, visualizations, and feelings. Focusing on positivity can improve our lives and overall well-being, as we have thousands of thoughts daily, mostly negative.

      Our subconscious mind is influenced by everything we've experienced and the beliefs we hold, which can shape our attitudes, feelings, and ultimately, our lives. Negative beliefs and feelings can lead to self-punishment and a cycle of negativity. However, through neuroplasticity, we have the power to change our beliefs and reprogram our subconscious mind with positive affirmations, visualizations, and feelings. By focusing on positive thoughts and actions, we can improve our lives and overall well-being. Additionally, the number of thoughts we have each day, estimated to be between 6,000 and 80,000, with the majority being negative, highlights the importance of shifting our mindset towards positivity. By doing so, we can expand our potential and lead more fulfilling lives.

    • Accessing subconscious mind for personal growthRelax, set clear goals, believe in change through neuroplasticity, seek truth, and repeat focus for effective subconscious programming.

      The key to success and improving brain function involves getting into a relaxed state to access the subconscious mind and set clear goals. The speaker shared his personal experience with hypnosis, which helped him overcome depression and increase his work capacity. He explained that our belief systems are formed based on past experiences and can be changed through neuroplasticity. Repetition and consistent focus on goals are also crucial in influencing the subconscious mind. The speaker emphasized the importance of honesty and seeking truth in personal growth, as it brings us back to a place of integrity and reduces stress. By accessing the subconscious mind in a relaxed state, we can reprogram our beliefs and achieve our goals more effectively.

    • Believe in yourself and focus on your goalsBelief in self and focus on goals can help overcome obstacles and manifest success through effective use of subconscious mind

      Setting a clear goal, focusing your efforts on achieving it, and maintaining a positive mindset are key to personal growth and success. This involves repeating affirmations, visualizing success, and even using techniques like hypnosis to reinforce your beliefs. The subconscious mind is a powerful tool that can help you manifest your goals if you use it effectively. By focusing your energy on a specific goal, you can overcome obstacles and even surpass the abilities of those who may seem to have an advantage due to external factors. This was illustrated in the speaker's own experiences, from climbing a rope to helping his son excel in shot put. Ultimately, it's not just about having the right knowledge or working hard, but also about having the right mindset and belief in yourself.

    • The power of inner drive and commitmentSuccessful people deeply program their goals into their subconscious mind, making them as essential as survival instincts. Inner drive and commitment come from within, not from external sources.

      True motivation and determination come from within, not from external sources like pep talks or rallies. Arnold Van Den Berg, a successful entrepreneur, emphasized this point in a speech he gave in 1979. He shared that the difference between individuals who achieve their goals and those who don't lies in their inner drive and commitment. If you want to build a building, you need a blueprint with all the details. Similarly, to achieve your goals, you must deeply program them into your subconscious mind, making them as essential as your basic instincts for survival. When you have a burning desire for something, you won't need external motivation to keep going. Instead, you'll be driven by an inner force that will propel you towards your goal. This requires a well-defined goal, a deep commitment, and a sacrificial attitude. By following this approach, you'll have the power to shape your future and never lack drive or motivation.

    • The power of dedication and focus in achieving goalsDedication and focus are essential for success. Prioritize time and energy towards goals, and be aware of the impact of mental stress on physical and professional well-being.

      Dedication and focus are crucial to achieving one's goals. The speaker shares his experience of wanting to become a money manager but realizing that his time spent on hobbies like chess and golf was hindering his progress. He learned that the subconscious mind can help him meet clients and be successful, so he decided to prioritize his time and energy towards his goal. Additionally, the speaker shares an interesting anecdote about Dr. Sarno and his discovery that most back problems are not physically based but rather caused by mental stress. The speaker applied this principle to his own life and found that when he was behind in his work, his back would go out due to the mental tension. This insight helped him understand the importance of managing mental stress to maintain both physical and professional well-being. Overall, the speaker emphasizes the importance of making deep commitments to one's goals and being mindful of the impact of mental stress on both physical and professional success.

    • Understanding and communicating with the subconscious mindBelieve in ability to overcome challenges, avoid physical treatments, and address repressed emotions to regain control over life using Sarno's methods.

      The key to overcoming various physical and emotional issues lies in understanding and communicating with the subconscious mind. The book "The Genie Within" by John E. Sarno provides practical steps to do so, as discussed by Arnold. Sarno, who wrote the book to help others based on his own healing experience, emphasizes the importance of believing in one's ability to overcome challenges, refraining from physical treatments, and addressing repressed emotions. By following his methods, individuals can visualize a strong, healthy self and regain control over their lives. The author's dedication to helping people, despite selling only 70,000 copies, is a testament to the transformative power of this approach.

    • The power of consciousness in shaping realityOur inner state determines our outer experiences, focusing on desires rather than fears can lead to profound changes, and being open-minded to unconventional paths is crucial for personal growth.

      Our consciousness plays a significant role in shaping our reality. Arnold Van Den Berg and William Green emphasized the importance of this concept, which they learned from James Allen's book "From Poverty to Power." They both spent decades experimenting with various techniques to transform their thoughts and subconscious minds, believing that our inner state determines our outer experiences. Van Den Berg shared how he applied this concept to his own life, focusing on his desires rather than fears and experiencing profound changes as a result. Green noted how this idea challenged his intellectual arrogance and opened him up to the transformative power of self-discovery. Ultimately, the conversation underscores the importance of being open-minded and willing to explore unconventional paths to personal growth.

    • The power of our thoughts and beliefs in shaping realityQuantum physics and neuroscience support the idea that our thoughts and beliefs shape our reality. Repetition of positive thoughts through affirmations or prayer can bring about change in our lives.

      Our thoughts and beliefs have a profound impact on our reality. This idea, which may seem counterintuitive, is supported by quantum physics and is validated by both personal experiences and scientific research in neuroscience. The power of repetition, whether through affirmations or prayer, can help embed positive thoughts in our minds and bring about change in our lives. This concept was exemplified by a French pharmacist who discovered that his belief in the effectiveness of his medicines was the key to curing people, rather than the medicines themselves. By focusing on the power of the mind and using techniques like autosuggestion, we can make significant improvements in our lives.

    • The Power of Positive Thinking and AffirmationsConsistent practice of positive thinking and affirmations can lead to personal growth and achievement. Learning from suffering and adversity can provide valuable insights and motivation.

      The power of positive thinking and affirmations, combined with consistent practice, can lead to significant personal growth and achievement. This concept has been explored in various ancient texts and modern experiments, such as the story of Scott Adams and his experience with affirmations and the stock market. The speaker, Arnold Van Den Berg, also emphasized the importance of learning through suffering and adversity, as it can provide valuable insights and motivation to overcome challenges. While he wouldn't want to relive the same experiences, he acknowledges that they have shaped him into the person he is today. Overall, the discussion highlights the transformative potential of the mind and the importance of maintaining a positive and determined mindset.

    • Embracing Challenges as Opportunities for GrowthFocusing on doing good and living the right way can lead to inner joy and happiness, while embracing challenges and suffering as opportunities for growth and learning.

      The way we perceive and respond to suffering in our lives can greatly impact our future growth and happiness. The speaker, Arnold Van Den Berg, shared his experience of growing up with financial responsibilities at a young age, which initially seemed painful but ultimately led him to become a responsible and successful man. He emphasized the importance of identifying the root causes of pain and taking action to alleviate it, leading to inner joy and happiness. Abraham Lincoln's quote, "when I do good, I feel good. And when I do bad, I feel bad. That's my religion," highlights the connection between our actions and emotions. Arnold encouraged listeners to focus on doing good and living the right way to experience joy instead of pain. He also recommended reading James Allen's book "From Poverty to Power" for further insight. Overall, the conversation emphasized the importance of embracing challenges and suffering as opportunities for growth and learning.

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    On today’s episode, Kyle Grieve discusses the importance of simplicity and understanding for investment success, why you can succeed in investing while being wrong often, cloning characteristics too many investors follow that should be avoided to improve investing success, the significant differences in analyzing large and small businesses, how to treat stock tips with caution to avoid risky investments, why separating your investments into subtypes can be a helpful investing tool, and a whole lot more! IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 03:44 - Why investing in things that you understand well is still such a big competitive advantage in investing. 04:59 - The vital interplay between fundamentals, momentum, value, and price. 11:18 - How to succeed in investing while being dead wrong 40% of the time. 16:12 - Why market timing is one of the quickest ways to decrease returns. 18:18 - The crucial connection of contrarianism and patience that Peter says makes a successful investor. 21:05 - The significant differences in analyzing small businesses compared to larger businesses. 31:34 - Why you should look to market pricing to find great opportunities and not to assess performance. 32:45 - How you should treat stock tips. 37:05 - 13 unconventional characteristics of outstanding investments. 52:51 - Lynch's six investment types, and why delineating them was important. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Buy One Up On Wall Street here. Follow Kyle on Twitter and LinkedIn. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Range Rover Sound Advisory American Express The Bitcoin Way Vacasa USPS Onramp SimpleMining Public Fundrise BAM Capital Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

    TIP657: Morgan Housel's Lessons to Build Wealth w/ Clay Finck

    TIP657: Morgan Housel's Lessons to Build Wealth w/ Clay Finck
    On today’s episode, Clay shares the most important lessons he’s learned from Morgan Housel. Morgan Housel is a partner at The Collaborative Fund. He's the New York Times Bestselling author of The Psychology of Money and Same As Ever. His books have sold over 4.5 million copies and have been translated into more than 50 languages. He also serves on the board of directors at Markel. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:24 - Why the best story wins. 09:35 - Why the biggest risk is the one nobody sees coming.  23:03 - The seduction of pessimism and why it pays to be an optimist. 27:18 - The importance of understanding ‘enough’. 44:42 - The importance of patience and investing with a long time horizon. 52:34 - The impact of debt.  And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Morgan’s books: The Psychology of Money & Same as Ever. Morgan's podcast on debt with Howard Mark. Related Episode: Listen to TIP602: Same as Ever w/ Morgan Housel, or watch the video. Related Episode: Listen to TIP351: The Psychology of Money w/ Morgan Housel, or watch the video. Mentioned Episode: RWH016: The Best of the Best w/ Francois Rochon. Mentioned Episode: RWH013: Move Slow, Win Big w/ Thomas Russo. Mentioned Episode: TIP559: Mastering the Market Cycle w/ Howard Marks. Follow Clay on Twitter. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Range Rover Sound Advisory American Express The Bitcoin Way Vacasa USPS Onramp SimpleMining Public Fundrise BAM Capital Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

    BTC198: Institutions Adopting Bitcoin w/ Max Kei and Pascal Hugli (Bitcoin Podcast)

    BTC198: Institutions Adopting Bitcoin w/ Max Kei and Pascal Hugli  (Bitcoin Podcast)
    In this episode, Preston interviews Max Kei and Pascal Hugli, diving deep into how Bitcoin's unique characteristics position it as the ultimate collateral for institutional lending. The discussion covers key topics such as risk management, the role of stablecoins, peer-to-peer lending versus traditional finance, and the future of Bitcoin in institutional portfolios. Max and Pascal share their perspectives on the barriers to institutional adoption, the evolving regulatory environment, and the innovations shaping the future of Bitcoin lending and borrowing platforms. In this episode, William Green chats with Harold J. (“Jay”) Bowen III, President & CIO of Bowen, Hanes & Company. Jay & his late father generated dazzling returns for their biggest client, the Tampa Firefighters’ & Police Officers’ Pension Fund. The fund’s stock portfolio has achieved an annualized return of 14.4% over 50 years & a cumulative return of more than 81,000%. Here, Jay explains how they pulled this off, sharing one of the great untold stories of the investment world.  IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 09:47 - How Bitcoin’s 24/7 liquidity and decentralized nature make it the most pristine collateral for lending and borrowing. 16:59 - The impact of Bitcoin’s deep liquidity on risk management strategies for institutions. 20:45 - The challenges and opportunities for institutions in adopting Bitcoin compared to traditional assets. 24:45 - Insights into Bitcoin’s performance in institutional portfolios and how it shapes future portfolio management. 32:13 - The future of Bitcoin lending and borrowing platforms and the innovations on the horizon. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Max Kei’s Institutional Borrowing and Lending platform: Debifi. Max and Preston: The Future of Bitcoin Borrowing and Lending w/ Max Kei (BTC177). Max Kei's X Account and Nostr. Pascal Hugli’s X Account and Nostr. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Range Rover Sound Advisory American Express The Bitcoin Way Vacasa USPS Onramp SimpleMining Public Fundrise BAM Capital Shopify Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

    RWH049: Crushing The Market Over 50 Years w/ Jay Bowen

    RWH049: Crushing The Market Over 50 Years w/ Jay Bowen
    In this episode, William Green chats with Harold J. (“Jay”) Bowen III, President & CIO of Bowen, Hanes & Company. Jay & his late father generated dazzling returns for their biggest client, the Tampa Firefighters’ & Police Officers’ Pension Fund. The fund’s stock portfolio has achieved an annualized return of 14.4% over 50 years & a cumulative return of more than 81,000%. Here, Jay explains how they pulled this off, sharing one of the great untold stories of the investment world.  IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 08:37 - What makes the Tampa Firefighters’ & Police Officers’ Pension Fund special. 17:54 - How Jay Bowen’s father came to run the fund half a century ago. 29:09 - How to thrive by slashing fees, shunning consultants, & thinking long term. 38:54 - Why Jay takes a top-down thematic investment approach. 43:03 - How the fund made a fortune buying Coca-Cola before Buffett. 47:15 - Why it pays to bet on extraordinary CEOs. 51:09 - Why truly long-term investors shouldn’t bother with bonds. 1:05:31 - How Jay is positioned to profit from the Fourth Industrial Revolution. 1:10:27 - How he thinks about pricey stocks like Nvidia & Costco. 1:14:29 - How he invests in smaller companies he sees as future blue chips. 1:18:06 - Why he’s obsessed with the Federal Reserve. 1:22:16 - How to invest successfully in times of market mayhem. 1:37:58 - How being an endurance athlete has helped Jay as an investor. 1:53:58 - How he structures his days to optimize performance. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Jay Bowen’s investment firm, Bowen, Hanes & Company.  Links to Jay Bowen’s media appearances. William Green’s podcast episode with Fred Martin | YouTube Video. William Green’s podcast episode with Bob Robotti | YouTube Video. William Green’s book, “Richer, Wiser, Happier” – read the reviews. Follow William Green on X. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts.  SPONSORS Support our free podcast by supporting our sponsors: River Toyota Range Rover Vacasa AT&T The Bitcoin Way USPS American Express Onramp Found SimpleMining Public Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

    TIP656: Mastering Stock Selection with an Investment Checklist w/ Clay Finck

    TIP656: Mastering Stock Selection with an Investment Checklist w/ Clay Finck
    On today’s episode, Clay offers a detailed guide on creating an investment checklist to help you avoid picking losing stocks. An investment checklist, paired with thorough fundamental analysis, is crucial for making informed and intelligent decisions in the investing world. Great investment opportunities are rare, and a well-crafted checklist is key to distinguishing exceptional companies from mediocre ones. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:44 - Why fundamental research is essential to invest successfully. 04:47 - How to generate new investment ideas. 06:47 - How to understand the basics of a business. 08:31 - How to understand the customer base. 10:32 - How to determine the primary risk factors of a business. 19:19 - How to evaluate the strengths and weaknesses of a company. 28:25 - Which financial and operating ratios investors should monitor? 32:53 - How to determine the quality of a company’s earnings and management team. 01:06:51 - How to evaluate growth opportunities. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Books mentioned: The Investment Checklist, 7 Powers, Investment Intelligence from Insider Trading. Mentioned Episode: TIP652: Best Quality Idea Q3 2024 w/ Clay Finck & Kyle Grieve. Mentioned Episode: TIP600: Business Durability and Strategy Masterclass w/ Hamilton Helmer. Mentioned Episode: TIP604: Best Quality Idea Q1 2024 w/ Clay Finck & Kyle Grieve. Mentioned Episode: TIP602: Same as Ever w/ Morgan Housel. Mentioned Episode: TIP492: The Best Investor You've Never Heard Of — Nick Sleep. Follow Clay on Twitter. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Range Rover Vacasa AT&T The Bitcoin Way USPS American Express Onramp Found SimpleMining Public Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

    BTC197: What are Bitcoin Fedimints w/ Obi Nwosu and Renata Rodrigues (Bitcoin Podcast)

    BTC197: What are Bitcoin Fedimints w/ Obi Nwosu and Renata Rodrigues  (Bitcoin Podcast)
    In this episode, we dive into the challenges of Bitcoin payments and scaling, and how Fedi is addressing these issues. Obi Nwosu explains the concept of Fediments and guardians, while Renata Rodrigues shares her on-the-ground experiences in Africa, discussing the real-world impact of Fedi on communities. We also explore the tools within the Fedi app that empower users to earn sats and the potential of Fedi to unlock talent trapped by financial repression. Additionally, Obi and Renata discuss Fedi’s move towards open-source, social backup mechanisms, and their partnership with Save the Children. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 03:54 - The major problem that Fediments solve for Bitcoin payments and scaling. 04:31 - How guardians function within the Fedi ecosystem and the role they play in protecting user privacy. 05:43 - The concept of the Fedi Order and how it supports the Fedi ecosystem. 15:33 - Insights from Renata Rodrigues on the conversations happening in Africa around Bitcoin adoption. 18:43 - Obi Nwosu's perspective on how financial repression is trapping talent globally and how Fedi can help unlock it. 28:30 - How vendors are responding to incorporating Fedi into their stores. 30:01 - The tools inside the Fedi app, known as Fedi Mods, that enable people to earn sats. 32:17 - The importance of social backup and stable channels within the Fedi ecosystem. 43:35 - Fedi’s partnership with Save the Children and how it is making a difference. 46:52 - How to start your own Fedimint and the timeline for getting set up. 51:00 - Fedi's transition towards becoming open source and what it means for the future. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Watch the Fedi Live Event at Fedi.xyz. You can follow Fedi on X and Nostr and join the Fedi Telegram community here. Download the Fedi App. Connect with Developers on Fedimint and Discord here. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Range Rover Vacasa AT&T The Bitcoin Way USPS American Express Onramp Found SimpleMining Public Shopify Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

    TIP655: Hustle, Trust, and Cash Flow: Nike’s Genesis w/ Kyle Grieve

    TIP655: Hustle, Trust, and Cash Flow: Nike’s Genesis w/ Kyle Grieve
    On today’s episode, Kyle Grieve discusses a wonderfully well-written autobiography, “Shoe Dog” by Phil Knight, the founder of Nike. He discusses the importance of identifying and pursuing true happiness while ensuring a stable income as a fallback, the value of hustle, the importance of trust with your suppliers, why focus is so vital to business success, the hidden downsides of issuing equity, the importance of maintaining cash reserves, the complexities of growing a business, and a whole lot more! IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:30 - The importance of being aware of what will make you happy in life, and pursuing it with deep focus 07:37 - Why happiness can't be fulfilled based purely on increased earnings power 09:42 - Why hustle and unconventionality is so important to getting a nascent business off of the ground 15:36 - The difficulties of aligning incentives between lenders and borrowers in fast-growing businesses 23:29 - The importance of creating an enemy in business to help motivate executives to continue innovating and improving 25:31 - Why focused business leaders are so important, and why you want to avoid CEOs doing excessive side projects 28:56 - The aspects of cloning Phil took to increase exposure for the Nike brand 32:49 - Why maintaining positive cash balances is so important to the health of a business 47:23 - Why public businesses use dual share structures so management can maintain control 47:58 - Why IPO's have misaligned incentives for investors And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Buy Shoe Dog here. Follow Kyle on Twitter and LinkedIn. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Range Rover Vacasa AT&T The Bitcoin Way Public American Express Onramp SimpleMining Fundrise Shopify USPS HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

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