In this episode, the host discusses how to attain philosophical freedom in finance by breaking free from the common narratives and not making financial decisions out of fear or scarcity. He emphasizes the importance of sharing knowledge and not being afraid to explore new ways of thinking in the finance industry.
The communist, Christian fundamentalist, and maximalist ideologies all view different aspects of finance as problematic: profit, interest, and digital issuance, respectively. However, maximalists are still comfortable with the issuance of paper equity, such as in startup markets.
The key to finding peace of mind and enjoying the flow of happy money is to start counting your blessings and appreciating what you have. In light of potential conflicts and gas shortages, it's important to mentally prepare for the future.
The two ways to make money are through the typical "hustle" by outworking everyone else or focusing on asymmetric returns. The latter involves finding metrics, being consistent and disciplined investors, and finding the best deals.
The speaker believes that it's important to show your personality as a dragon investor and not just act like a dragon. They also discuss the need for education on financial concepts such as paying back loans and claiming money for research and development.
The speaker discusses how being financially aware has led to conflict in their relationship and how everyone is dealing with financial stresses in some way.
In this episode, the host discusses the collective agreement of people in the financial system to abide by certain rules and how individuals can choose to opt-out. He also shares his fears of living in a society where everyone agrees because of his ethnic background.
Maya Lau hosts Other People's Pockets, a show where people share their financial mistakes and money hacks, emphasizing the importance of salary transparency. Though Josh failed to make reference to a classic Simpson's episode, wherein Moe transforms the tavern into a swanky club, named M, the podcast is still worth a listen.
In a conversation about potential financial crashes, there is hesitation to warn people about the possibility of a run on the bank because it can create the very situation being warned against. Suggestions were made to hand over Silicon Valley bank to a big balance sheet and have a federal agency backstop all banks with $500 billion.
In this episode, the host discusses the perception of the old financial system being obsolete and encourages listeners to explore alternative investment options such as real estate.
Desmond's publication "Hard Cash" was focused on providing tips and information about financial investments to working-class people. But it was also tied to left-wing politics, as Desmond believed that conservative politicians were infiltrating labor and left-wing groups.
The exchange of money and financial products in the industry of banking can be confusing when compared to trading goods or simple currency exchange. The intricate web of dependencies and bets can lead to confusion, and even rogue traders like Nick Leeson, who brought down a bank, have shown the risk in this industry.
The younger generations are focused on asking for handouts rather than learning how to gain financial freedom themselves - and the constant complaining about the rich and taxes is only making things worse.
The speaker talks about how they gained financial literacy and learned about finances prior to getting married at a younger age, as opposed to the common notion that college graduation should come first before marriage.
In this episode of "The Problem," Jon Stewart interviews Gary Gensler, the chairman of the Securities and Exchange Commission, answering questions from the viewers and discussing various financial topics.
The hosts introduce the topic of compound interest and express excitement to discuss its importance in society.
The speaker advises a listener to buy more time at their mom's house to save up money and wait for better interest rates before deciding to rent or buy a house with their partner.
The annual shareholders meeting is nothing more than a performance that yields almost no important information worthwhile to investors, turning into a petty fight between old men.
This podcast explores how the inner child can affect financial decisions, causing adults to struggle and make questionable choices. By understanding where these patterns stem from, individuals can approach their financial situation with more compassion and clarity.
The speaker emphasizes the importance of taking opportunities for increased income, such as a job promotion, instead of relying on uncertain ways of earning like starting an OnlyFans account.
In this podcast, the guest discusses how some couples split their finances, with one person covering certain expenses and the other covering different expenses. The guest also shares their personal journey of working multiple jobs to pay off debt and build an emergency fund as a married individual.
The speaker addresses the hedge fund folks, mentioning his exceptions to the rule and joking about a friend who is a banker. The conversation ends with a goodbye.
The hosts discuss the true identity of the Rich Dad in "Rich Dad Poor Dad" and the controversy surrounding the book's financial advice.
The podcast discusses the financial panic of 1907 and how investors and bankers alike should learn from Warren Buffett’s insights surrounding market panics and financial crises.
The speaker discusses the importance of discussing financial strategies with their business partner and potentially acquiring a loan or rolling over a retirement account. They stress the need for dedicating time to understanding the legal aspects of finance and treating it like a job.
The speaker talks about meeting Russell, a professional who helped them make a lot of money and how overwhelming it was to learn and deal with large sums of money after just learning about them in school recently.
The development of financial products requires intense mathematical knowledge, yet those selling these products are not always similarly invested. Those outside the financial industry who sell such products without licenses or experience can lead to dangerous investments and unaccountability for those losses.
