Wall Street Vision Investment Podcast

I recently spoke to Aaron Letzeiser, co-founder of Obie Insurance and Forbes “30 under 30” award recipient.

Aaron told me about his startup journey and the steps he took to raise capital for his firm.

Aaron's firm (Obie Insurance) went through the prestigious Y Combinator accelerator program in Silicon Valley. The firm is making moves in the rental property insurance space.

🎧 Listen to this episode to discover:

👉 The steps Aaron took to raise $39M for his startup

⭐ What it’s like being a nimble startup in an industry with behemoth competitors

✅ How Aaron faced and overcame failure in his startup journey

👀 Aaron’s thoughts on insurance trends in an environment of increasing natural disasters

Obie Insurance:

In this episode we have the pleasure of learning from Mark B. Murphy, CEO of Northeast Sequoia Private Client Group. 

Mark is an accomplished author, speaker, and motivator. He helps entrepreneurs achieve multi-generational wealth through personalized strategies. His investment firm manages billions of dollars in assets.

In this episode we covered:

• The steps Mark took to achieve financial success (he didn’t grow up rich)
• Why it’s important to compete against yourself (instead of competing against others)
• How to cultivate the right mindset for success  
• The correct way to view failure
• The mindset of investing in yourself or your own business
• How Mark went from an entry level role to CEO at his firm

Connect with Mark on Facebook:

Jake Buerke is a Wall Street veteran and the founder of the AI company chtrbx.AI

Tune in to discover:

-What’s happening in the AI space

-When we might have AI that can replace humans (wow!) 

-What can you do to avoid being replaced by artificial intelligence? 

-Jake's thoughts on the drama happening at openAI (company that created chatGPT

-chtrbx.AI and the cool stuff they’re doing to help clients get unique customer insights

Don't miss out on a special offer - Use coupon WSV2023 for 50% off all plans at chtrbx.AI for the first 2 months

Jake’s company:

Ted Oakley is a true investing expert with over 40 years of experience working with high net worth clients. 

You can learn a lot from someone who’s been through so many decades of investing. In our conversation, we cover:

-Ted’s remarkable story of growing up in a home with zero money, no running water and what helped him achieve financial success despite that upbringing

-Top mistakes that he sees investors making 

-How people’s past experiences with investing can cause them to make poor decisions, and what to do about it

-Also, the importance of diversification and limiting exposure to any one specific investment

-Ted’s market outlook

Learn more about Ted:

You’ve seen the scary headlines about a looming recession, but what’s the current status of the U.S. economy?

I’m joined by Sam Burns to get his take. Sam is a senior equity strategist with over 20 years of experience in financial markets. He is the founder and chief strategist at Mill Street Research. 

Tune in to find out:

What is Sam’s take on the current state of the economy and his outlook to later this year and 2024?

Why do we sometimes see scary headlines while the stock market keeps hitting new highs?

Is inflation finally under control, or are there nasty surprises on the horizon?

Where are some great hunting grounds for the best investment opportunities today?

Sam has a wealth of knowledge and I learned a lot during our conversation. Check out more from Sam below:

Follow Sam on Twitter/X:

In this episode I had the privilege of speaking with Michael Robbins, CFA.

Michael has been the Chief Investment Officer at 6 different investment firms over the past 37 years. He is also a professor at Columbia university, where he teaches quant investing including graduate classes in tactical asset allocation and ESG.

In this episode, we discussed:

• Is the meme stock mania over, or here to stay?
• What are the characteristics of markets where arbitrage may be possible
• How computers and chatGPT are changing investing
• Investing biases that can lead to bad investments
• What factor investing is, and the proper way to invest with factors

Buy Michael’s awesome book here:

In this video, we explore the fascinating story of Howard Schultz and his incredible journey with Starbucks. From his humble beginnings in Brooklyn, to his rise as one of the most successful entrepreneurs in modern history, Schultz's story is one of perseverance, passion, and vision.

🎬Wall Street Vision on YouTube:

Kirk Kerkorian is one of the ultimate entrepreneurs of the 20th century. From rags to riches, Kerkorian's story is truly inspiring and a great example of hard work and determination paying off big time.

In this episode we'll take you on a journey through his early days, his rise to the top, and all the challenges he faced along the way. 

We'll talk about his early years, flying planes during WW2, and his start as a developer in Las Vegas. We’ll also go over how he built the biggest hotel-casino in the world, not once, but three times!

So, grab some popcorn, sit back and join us as we delve into the incredible life of Kirk Kerkorian. Oh, and don't forget to smash that like button, leave a comment, and hit subscribe for more episodes on true stories about people making millions.

🚀 Wall Street Vision Investing Podcast website:

In this episode, we will be examining the life and legacy of John D. Rockefeller, one of the most iconic figures in American history. Though he is known as the world's first billionaire, there is much more to his story than just his wealth. 

Growing up, Rockefeller's family did not have much money, and many of his classmates and teachers thought he was a "slow learner". Despite these challenges, he worked hard to succeed and eventually became one of the wealthiest people in modern history. 

Rockefeller was a complex and influential figure, known for both his philanthropy and his controversial business practices. We will explore his rise to power, including the cutthroat tactics he used to get ahead. 

We will also delve into the unique mindset that allowed him to achieve such financial success, as well as the controversies that led to him being hated by many. 

Join us as we uncover the fascinating story of John D. Rockefeller.

Social Media:

TikTok

Podcast website:

When Bob Parsons was growing up, no one seemed to think he’d amount to much.

He was born into a lower-middle-class family in Baltimore in the 50's. With parents who were gamblers (not the winning kind), he seriously lacked career role models. Bob failed the fifth grade, and just barely graduated high school (his teachers let him pass because he joined the marines).

None of that stopped him from starting two thriving businesses, which he sold for billions. It’s an amazing underdog victory story.

Check out this episode to learn how Bob made it happen.

Social Media:

Ben Francis became a billionaire by making gym clothes. And to top it all off, he did it without any external investors and without borrowing money - All before he turned 30 years old.

You often hear about software CEOs becoming billionaires at a young age. That’s happened a bunch of times in Silicon Valley. It’s easy to scale a software business, but it’s so much harder to achieve scale with a clothing company.

Check out this episode to learn how Ben did it.

John Paul DeJoria grew up poor and he didn’t have a father figure to look up to. These humble beginnings only drove him to work harder.

On his way to the top, JP went through job firings, failed marriages, and even homelessness at one point. It was a rough road, but none of it could extinguish the fire in his belly.

He started Paul Mitchell Systems haircare company at age 36. Even with this “late start”, JP still managed to make billions - amazing inspiration for anyone who thinks it’s too late to chase an entrepreneurial dream.

In this episode, we’ll cover the top lessons JP learned from his “failures.” We'll also take a look at what it took to achieve his financial success.

P.S. I’ve adjusted the dollar figures in the story to 2022 dollars.

Ray Kroc had a pretty mediocre career until he got involved with franchising McDonald's locations. At 52 years old, he took on a business venture that would change his life and the fast-food industry forever.

Even with this “late start”, he still managed to make billions! Great inspiration for anyone who thinks it’s too late to pursue an entrepreneurial dream.

In this episode, we’ll uncover the lessons Ray applied from his pre-McDonald’s careers, as well as the steps he took to grow the restaurant chain into a massive success.

P.S. I’ve adjusted the story's dollar figures to 2022 dollars to provide context. However, the “15 cent hamburger” quote at [8:03] is not adjusted to today’s dollars.

You probably know Barbara Corcoran as Shark Tank's straight-shooting business lady, who tells it like it is. But don’t be fooled by her powerful persona. Though she’s a true power player, she overcame many hurdles and setbacks to become a millionaire.

Her childhood wasn’t easy. She has dyslexia, and back when she was growing up, learning disorders weren’t treated with compassion. She also shared a small two-bedroom suite with nine siblings! Talk about starting life with the odds stacked against you!

As she started building her real estate career, her business partner (and boyfriend) left her for her secretary. He even told Barbara that ‘she’d never succeed without him’. (Boy, was he ever wrong!).

Not only that, but she almost lost the business during the "Black Monday" aftermath, and had to navigate a lawsuit against Donald Trump. But in the end, she beat the odds, and became the queen of New York real estate.

This is a story about staying strong and overcoming the obstacles on the road to success. Check out this episode to learn how she did it.

P.S. I’ve adjusted most dollar figures in the story to 2022 dollars to make the story flow better. The $66 million deal amount was not adjusted.

Music:

Sara Blakely went from running an illegitimate underground babysitting business to founding Spanx and becoming a billionaire in the process. The crazy thing is that she only invested $5,000 into Spanx – Talk about an amazing return on investment!

With this trajectory she’s giving Warren Buffett a run for his money :)

But her road to riches wasn’t easy. She faced tons of challenges along the way. She even had to do a brutal door-to-door sales job to cover her living expenses while chasing her dream.

Check out this episode to learn how she did it. 

Music:

Naval Ravikant is a Venture Capitalist who's always been ahead of the curve. Based in Silicon Valley, he invested in companies like Uber and Twitter long before they were household names. But apart from being a shrewd investor, he’s also a great thinker.

This guy’s like a modern-day philosopher. Being a reading machine, he consumes content from all sorts of different industries and connects the dots in unique ways. One of Naval's greatest contributions is his concept of the “four types of leverage”.

But first of all, what exactly is leverage? 

In finance 101 leverage is described as borrowing to invest. But more broadly, it’s a way of taking small actions to get big results. It's essentially how a little efforts compound into huge outcomes. Naval's framework states that there are four broad categories of leverage:

• Labour
• Capital
• Code
• Media

He’s used each of these at different stages of his life to accomplish big things. In this episode, we’ll take a look at Naval’s story and explore the power behind the four types of leverage.

Sources:

Jesse Livermore was the best trader you’ve never heard of. Not only did he achieve billionaire status from his investments, but he also has a fascinating back story. His life played out like a movie, from humble beginnings growing up on a farm, to outsmarting mobsters at gambling parlors!

Jesse's trading skills took him from a shack in Massachusetts to a mansion in New York. And, his fierce ambition and work ethic fueled his rise to the pinnacle of financial success.

This guy’s ability to bounce back from adversity is truly inspiring. He lost and gained fortunes several times over in his career. The lessons we can take from him are timeless–and clearly, I'm not the only one who feels this way.

Hedge fund billionaire Paul Tudor Jones is a huge Jesse Livermore fan. Any new employees joining Paul’s hedge fund automatically receive a book that teaches Jesse’s methods. Why does Paul do this? It’s because some things don’t change. Greed and fear played a role in the markets a hundred years ago, and they’ll play a role a hundred years from now. Jesse’s story explores both emotions to full effect.

Check out this episode to learn more about Jesse’s incredible rags-to-riches story in the finance world.

Sources:

Did you know that at one point Volkswagen (VW) became the most valuable company in the world? It was a surprising event that caught virtually everyone off guard.

You might be asking, “How the heck does a capital-intensive automaker become the #1 company in the world?”. Well, it’s a fascinating story that involves short sellers, hedge funds and a secret plan by the Porsche family to take over VW. It also resulted in short sellers getting burned to the tune of €20 billion. Whoa!

There’s a research paper that examined what happened. It was written by Professor Eric Nowak and his 3 colleagues. Professor Nowak and his team went through piles of court documents to get the raw data. They painstakingly put all the info together and analyzed it to figure out what actually went on.

A little about Professor Nowak: He’s Professor of Finance and Head of the Institute of Finance at the Università della Svizzera italiana. He’s also held visiting appointments at lots of leading universities including Stanford and the University of Chicago.

A huge thank you to Professor Eric Nowak for joining me on this episode.

VW Short Squeeze Research Paper:

So everyone knows that Warren Buffett is an investing GOAT. I mean, his results speak for themselves, right?

Okay, fair enough, but did you know that he still lives in the same house he bought in 1958? How many billionaires do you know who do still live in the same house they got in their late 20s!

I have a simple money philosophy; If Warren does something, there’s a good reason for it. In this episode we’ll explore the story of how he bought his house, and why he’s still hanging out in suburban Omaha instead of shacking up in Manhattan’s billionaire’s row.

We'll also cover some research from a book called “The millionaire next door”. This book was written by two PhD guys (Thomas J. Stanley and William D. Danko). They were basically trying to figure out “Who are America’s millionaires, and what are their habits?”

I learned a lot from reading their book, and I'm excited to share my findings with you. Check out this episode to learn more.

Sources:

Maybe you haven’t heard of MJ, but trust me, his story is worth paying attention to.

We’ll take a look at how he started (and later sold) a website where people could book limo services all over the country. Of course it wasn’t a straight path to success …it was a bumpy road along the way.

One of the things we can learn from MJ are the core thought patterns that allowed him to become financially free. His financial freedom didn’t happen by accident, he was focused on making his dream lifestyle a reality.

And today he has this lifestyle where his income is completely independent from his time, so he’s in a position where he can spend his time doing exactly what he wants instead of worrying about how he’s going to get his next paycheck.

There are some great golden nuggets of wisdom in this episode, so I definitely recommend you check it out.

Credit for audio clips goes to Book Thinkers Podcast:

Howard Marks is widely considered to be a top investor. He became a self-made billionaire and is the co-founder and co-chairman of Oaktree Capital. They manage $150 billion+ of assets so you know his firm is the real deal. In this episode we’ll cover:

• The epiphany that Howard discovered while investing in the "Nifty Fifty" stock era
• The key mindsets that any good investor should have
• What he did during global financial crisis -- Including how he made an investment that yielded a 23x return in less than 10 years (!)

Ed Thorp has a very interesting story. He used his physics and math skills to beat the casinos at blackjack and roulette before transitioning to finance. Then, he started two hedge funds that made record returns for investors. His 2021 net worth was over $800 million dollars - Wow! Check out this episode to learn more about his story.

Special shout out to Aaron Fifield from Chat With Traders podcast for letting me use clips from his interview with Ed. You can check out Aaron’s interview with here:

Carl Icahn is one of these investors who really thinks outside the box. He has a very impressive track record, and his 2021 net worth was over $17 Billion. The cool thing is that Carl came from a very average Brooklyn family to boot!

In this episode we cover the story of how he used share buybacks as a catalyst to make a $2 billion return on his investment in Apple.

If you have any comments/suggestions/feedback, you can reach me at visionwallstreet at gmail.com - I look forward to hearing from you!

Sources:

https://www.macrotrends.net/stocks/charts/AAPL/apple/pe-ratio

https://ycharts.com/companies/AAPL/stock_buyback

Stan Druckenmiller is a superinvestor with an incredible track record - He compounded capital at over 30% for 30 years without a single down year. Those are GOAT stats!  

Like every other investor, he's had some bumps along the road. In this episode we'll cover his $3 billion loss during the dot-com bubble. We'll also cover the biggest lesson that Stan learned from George Soros. 

Audio Sources:

Newsclip: CNN Moneyline Special Report 1999

https://www.youtube.com/watch?v=uTeFU1qivbs&ab_channel=ToggleAI

https://www.youtube.com/watch?v=rq2lGZyW2yA&ab_channel=HF2030

Music:

Blair Hull went from beating casinos at blackjack to starting up his own Wall Street firm. They went from one employee to operating on stock exchanges around the world. Blair eventually sold the company to Goldman Sachs for over $500 million dollars. 

In this episode we’ll cover Blair’s amazing story and some great takeaways from it.

I want to thank Aaron from the Chat With Traders podcast for letting me use parts of his Blair Hull interview for this episode. You can check out Aaron’s podcast here:

Linda Raschke might not be as known as Warren Buffett or George Soros. But she’s had lots of successes in the markets throughout the years, and even started her own hedge fund. At one point her hedge fund was ranked 17th (out of 4500) for having the best 5 year performance, so you know she’s the real deal!

This episode is about how she got started in investing at a time when investing was a very male-dominated industry.

Music:

https://pixabay.com/music/

Sources:

Bill Hwang of Archegos Capital had a 10x return on his money in less than 7 years. He went from a net worth of “just” $200 million to over $20 billion dollars. Then it all came crashing down when one of his investments turned against him -- causing a catastrophic chain reaction. Check out the episode to learn about Bill’s story.

Music:

https://pixabay.com/

Sources:

https://www.focusonthefamily.com/contributors/bill-hwang/

https://www.youtube.com/watch?v=MhMhg97fmzE

Our environment has a huge effect on our results. Guy Spier figured this out after the Great Financial Crisis stressed him out like crazy. That caused him to make a bunch of changes in his life to ensure that he’d optimize everything for investing success. In this episode, we’ll cover:

[1:30] The story of how Guy dealt with the Great Financial Crisis

[6:42] Mental blind spots in investing

[10:02] How Guy Spier sets up his work environment for investing success

[17:31] Why checking stock prices every minute might not be a good idea

[19:02] Guy Spier's method of sorting through investment research and why the order of doing that is super important

Sources:

Education of a Value Investor: 

https://www.amazon.com/gp/product/B00KF2JU2W/ref=dbs_a_def_rwt_hsch_vapi_tkin_p1_i0

Podcast website:

In previous episodes, we’ve covered people who are primarily known as investors. Arnold is more known for his bodybuilding, acting and political careers -- but this guy is a super smart investor as well.

He started from $0 and now has a fortune estimated to be around $400 million dollars. In this episode we cover some great investments that Arnold made. We’ll discuss his real estate deals, movie negotiations and that time he bought a Boeing 747 as an investment!

Sources:

https://www.amazon.com/Total-Recall-audiobook/dp/B009JY6WEQ/ref=sr_1_1?dchild=1&keywords=total+recall+book&qid=1630260191&sr=8-1

Podcast website:

There’s a Warren Buffett quote where he says that if he was starting investing today with a $1 million portfolio, he’d have a return of 50%. He’s one of the best investors of all time, so I’ll take his word for it!

In investing you often hear about the big institutional investors having all the advantages. But there are some good things about being a small and nimble investor as well. Check out this episode for some of the advantages that small investors have in the markets, and some ideas on what Buffett might do if he was starting investing today.

Sources:

Mohinsh Pabrai is a great investor that contributes a lot to the investment community by sharing lots of his ideas/ investment methods. In this episode we’ll cover his investment process. We'll discuss:

• Where he gets investment ideas
• How he chooses which ones to pursue and which ones to pass on
• His investment checklist - which is a really important part of the investment process.

Timestamps:

1:32 - The incredibly story of how a checklist saved thousands of lives

5:52 - Mohnish Pabrai’s investment process

10:32 - Mohnish Pabrai’s investment checklist

15:44 - Takeaways from the episode

Sources:

https://www.hopkinsmedicine.org/news/media/releases/three_years_out_safety_checklist_continues_to_keep_hospital_infections_in_check

https://www.youtube.com/watch?v=S2x2yofovCM&ab_channel=TheHealthcareChannel

https://www.youtube.com/watch?v=963Mg7TYMH0&ab_channel=TEDxTalks

In investing it’s really important to separate out luck vs skill. Luck is fleeting, but skill is where investors can get better investment performance over time. Michael Mauboussin wrote a great book on the topic called “The Success Equation”.

In this week’s episode we cover a few takeaways from the book and we discuss how investors can shift from relying on luck to using skill. We also discuss the importance of having good decision-making, and that bad results don’t always mean a flawed decision-making process.

Sources:

https://www.amazon.com/Success-Equation-Untangling-Business-Investing/dp/1470346729

Human beings have lots of “mental blind spots” that make successful investing hard. Dan Ariely wrote about a bunch of these in his book “Predictably Irrational”. There’s lots of great info in the book that shows you how these blind spots work. In this episode, We’ll explore two of these blind spots:

• Endowment Effect  
• Arbitrary Coherence  

The Endowment Effect causes people to fall in love with the things they own ...and if you fall in love with an investment, it's hard to be rational about it. Arbitrary Coherence is all about how prices become "sticky" in your brain. That can cause you to start thinking that something is a good deal when it really isn't. 

Those concepts might seem a bit fuzzy, but in the episode, we explore them in depth with lots of stories and examples. Check out the episode to learn about how they work, and tips on avoiding their subconscious influence.

Sources:

https://www.amazon.com/Predictably-Irrational-Revised-Expanded-Decisions-ebook/dp/B002C949KE

Podcast website:

Someone asked Warren Buffett about the best money advice that Warren has ever received. Warren’s answer was ‘Chapters 8 and 20 of the Intelligent Investor’.

When an investment GOAT says something so specific, I take note! In this episode, I’ve dusted off my copy of the classic investment book to share those lessons with you.

The lessons come down to:

1. Having a proper attitude toward markets

2. Looking at stocks as businesses

3. Operating with a margin of safety

Check out this episode for a breakdown of each of those key investment lessons.

Sources:

The Intelligent Investor by Ben Graham:

https://www.amazon.com/Intelligent-Investor-Definitive-Investing-Essentials/dp/0060555661

https://www.forbes.com/sites/schifrin/2013/06/05/two-book-chapters-that-changed-warren-buffetts-life/?sh=7a1fdb2869d3

If you haven't heard of him, Masa is a tech super-investor. He has an incredible story where his burning desire to succeed led him to:

• Finish high school in 2 weeks 
• Sell an invention for $1 million while he was an undergrad student 
• Start his own company (Softbank) that would become a Japanese tech behemoth  
• Invest in Alibaba 20+ yrs ago for a total return of 7,500x or 750,000% (wow!)

In this episode we cover this amazing story and we also discuss the key takeaways from his success.  

Sources:

The Medallion Fund is the best performing fund in investing history. It has averaged over 66% before fee average returns since inception! Wowza!

In this episode we cover the story of how Jim Simons started the Renaissance Technologies hedge fund in the late 70’s, and how they’ve achieved such amazing investment success through their Medallion Fund.

Check out this episode to learn about the story of Renaissance Technologies, as well as some details on how they’ve achieved these jaw-dropping results.

Whitepaper:

Short selling has been in the news a lot lately. Lots of big name hedge funds are feeling the heat form short selling "meme stocks". In this episode we look into the story of when David Einhorn (of Greenlight Capital) shorted Allied Capital. This is a crazy story that includes a PR smear campaign, stolen phone records and David's wife getting fired from her job. Wowza! It's a wild tale! Check out this episode to learn what happened, and some key lessons from the whole ordeal. 

Sources:

https://www.amazon.ca/Fooling-Some-People-All-Time/dp/B071VQDGVH/ref=sr_1_2?dchild=1&keywords=fooling+some+of+the+people&qid=1625423794&sr=8-2

George Soros is known as the guy who broke the bank of England. He made over a billion dollars from his famous trade! Wowza! Check out this episode to learn how he did it. We also cover why currency trading is an incredibly hard way to make money.

Sources:

https://www.forbes.com/sites/steveschaefer/2015/07/07/forbes-flashback-george-soros-british-pound-euro-ecb/?sh=433eb21b6131

https://en.wikipedia.org/wiki/Black_Wednesday

On this show we've talked a lot about Warren Buffett's investment successes. In this episode I'm doing something a little different - we'll discuss his biggest investment blunder. This episode covers the story of the Dexter Shoe purchase. Buffett had high hopes and the investment seemed to be paying off ...before disaster struck. Check out the episode for the full story and key takeaways from it.

Sources:

In this episode we'll dive into a story about how Mohnish Pabrai made a 55%+ return on his Frontline investment (in a few months!). The story takes place in the early 2000's, but there's some great timeless lessons to learn from Mohnish's approach. By the way, in case you're wondering, Frontline is a company that transports crude oil around the world using massive ships. 

We'll go over how Mohnish used a mental model to figure out this was a good opportunity, and we cover the importance of having a circle of competence in investing. 

Sources:

The late 60's and early 70's were the "go-go" years on Wall Street. You had a massive boom in the number of young people joining the investment industry, and there was a group of 50 companies called the Nifty Fifty. These were supposed to be "one decision companies" that you could buy at any price and still get rich. The logic was that their amazing earnings growth would make up for their high price... Well, it didn't quite turn out like that. Check out this episode for the lessons from their boom and bust. We'll also take a look at Jeremy Siegel's research on their Nifty Fifty (which might shock you!)

Sources:

Scale Economics Shared is a business model that creates amazing long term growth in companies that implement it well. It's also a business model that ensures a long runway for a company, excites its customers and keeps competitors at bay. Costco used this strategy to grow a lot during the years Jim Sinegal was CEO. Check out this episode to learn about Scale Economics Shared and the Costco Story. Sources for episode:

In this episode we'll cover the amazing story of how Bill Benter made over a billion dollars from betting on horse races. Charlie Munger has often talked about horse race betting as a mental model for how the stock market works. We'll also cover the importance of having a circle of competence in investing, and why Charlie Munger recommends investing in companies with a high return on equity.

Charlie's speech "Art of Stockpicking":

Stocks that return a 10,000% gain are called 100 baggers. The math behind 100 baggers is awesome - Invest $10,000 and get $1,000,000. Sign me up for those types of returns! Well... It's not so easy - the tricky part is finding these types of stocks. Lucky for us, Chris Mayer wrote an amazing book just on that topic. In this episode we'll explore his findings. 

100 Bagger Book:

You often hear that "Time in the Market" beats "Timing the Market". In this episode we'll cover some research that sheds light on why this true, and we'll also look at what some great investors have to say about it. Here are the show notes with links referenced in the episode:

Quotes from great investors on Timing the Market:

You've probably seen the headlines about food prices, lumber and copper prices increasing. With the massive amounts of money printing and government spending, it's no wonder people are starting to think about inflation coming up. Check out this episode for a guide to different types of inflation, and how Warren Buffett thinks about investing during inflationary periods. 

Podcast website: