The zero-sum mindset is a common trait attributed to many in the finance industry leading to morally questionable decisions. It's essential to focus on developing a non-zero sum mindset and finding a profession where inherent talents match personal interests.
The speaker realized the importance of understanding finance after making a few naive deals with Better World Books. This realization fueled his passion for green technology and becoming a "ruthless capitalist" with a sense of social justice.
Hoarding money can have negative consequences. Letting your money come and go as energy is important for financial health.
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.
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.
A man receives a 90 million dollar payout and leaves only 50 million to a company, considering it a conservative amount.
The speaker predicts the slow and eventual death of something as interest rates are unlikely to decrease. They also briefly touch on the NFT craze of the past year.
Overcoming emotional barriers is a significant step in achieving financial goals, and it involves acknowledging deep-seated beliefs that may be at odds with those goals. Admitting and setting aside these beliefs can help people achieve financial success.
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.
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 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.
Former Chair of the FDIC, Sheila Bair, and former Treasury Secretary, Larry Summers, join for a talk about the Federal Reserve and inflation with the host of the show.
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 10-year treasury bond paying about 4% is no longer a viable option, as the next stock market decline is likely to be caused by interest rates, affecting long-term investments in real estate, stocks, and endowments that require a 10-year time horizon.
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 host reflects on the depressing topic of payday loans and mentions his podcast about the Second American Civil War, which seems more hopeful than the current state of affairs. He also jokes about using pegging as a way to cope with frustration.
The book, written by Janet Wallach, tells the story of the financial genius, Hedy Green, who was a successful railroad magnate and real estate mogul in the gilded era.
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 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 discusses financial arrangements for a client who is in jail, including potential loans and using retirement accounts, and mentions exceptions to Freedom of Information Act (FOIA) regarding phone calls. The podcast also mentions jailhouse phone calls that suggest work was not done pro-bono.
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.
