We Study Billionaires - The Investor’s Podcast Network

By The Investor's Podcast Network

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Subscribers: 3175
Reviews: 2


 Aug 16, 2020


 Aug 21, 2019

Description

We interview and study famous financial billionaires including Warren Buffett and Howard Marks, and teach you what we learn and how you can apply their investment strategies in the stock market.


Episode Date
TIP325: Real Estate Investing with BiggerPockets (Investing Podcast)
00:52:06

When we talk about Real Estate investing, the community that first comes to mind is BiggerPockets. We are excited to welcome the hosts of BiggerPockets, Brandon Turner, and David Greene. 

BiggerPockets is the world's largest real estate community, and Brandon and David guide their audience through the complexities of real estate investing. Today they will share tips on how to diversify into real estate if you're a stock investor. In addition, we'll talk about how to value properties and some practical advice on finding time and money to get started.

IN THIS EPISODE, YOU'LL LEARN:

  • How to get started in real estate investing with no money down
  • How to diversify into real estate without putting with the minimum effort
  • How real estate investing is inflation proofed
  • How to estimate the intrinsic value of real estate


BOOKS AND RESOURCES

  • BiggerPockets’ website
  • BiggerPockets’ podcast
  • Stig’s interview with Bigger Pockets
  • Watch BiggerPockets’ YouTube channel
  • Connect with Brandon Turner on Instagram
  • Connect with David Greene on Twitter
  • Connect with David Greene on LinkedIn
  • Get a FREE book on how to systematically identify and follow market trends with Top Traders Unplugged
  • BlockFi provides financial products for crypto investors. Products include high-yield interest accounts, USD loans, and no fee trading. For a limited time, you can earn a bonus of $25 when you open a new account. Just go to theinvestorspodcast.com/blockfi to start earning today.
  • Capital One. This is Banking Reimagined. What’s in your wallet?
  • Join OurCrowd's investment in Tevel today.
  • Browse through all our episodes (complete with transcripts) here.
  • Support our free podcast by supporting our sponsors.


GET IN TOUCH WITH PRESTON AND STIG


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Nov 29, 2020
BTC001: Bitcoin Common Misconceptions w/ Robert Breedlove (Bitcoin Podcast)
02:15:13

In this episode, you'll learn:

  • What's the fundamental problem Bitcoin intends to solve
  • What is sound money
  • Governments will never allow it!?
  • How is Bitcoin's supply actually fixed?
  • Central Bank game theory
  • What is Bitcoin's Number Go Up Technology?
  • But the price is so volatile
  • Thoughts on the Stock to Flow model


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

  • All of Robert Breedloves incredible writings on Bitcoin
  • Nic Carter's article, It's The Settlement Assurances, Stupid
  • Get a FREE book on how to systematically identify and follow market trends with Top Traders Unplugged
  • BlockFi provides financial products for crypto investors. Products include high-yield interest accounts, USD loans, and no fee trading. For a limited time, you can earn a bonus of $25 when you open a new account. Just go to theinvestorspodcast.com/blockfi to start earning today.
  • Join OurCrowd's investment in Tevel today.
  • Capital One. This is Banking Reimagined. What’s in your wallet?
  • Browse through all our episodes (complete with transcripts) here.
  • Support our free podcast by supporting our sponsors.


Nov 25, 2020
TIP324: The Great Reset w/ Luke Gromen (Business Podcast)
01:04:24

In this episode, you'll learn:

  • Why banks will be a smaller part of the S&P500 in the future 
  • How to invest in an unsafe macro environment 
  • Why we’re approaching a bursting sovereign global debt bubble 
  • Why a rising price of bitcoin could force up the price of gold
  • ·Ask The Investors: How do I buy and store bitcoin safely? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Nov 22, 2020
TIP323: Mastermind Discussion 4Q 2020 (Business Podcast)
01:14:20

In this episode, you'll learn:

  • What is the intrinsic value of Diamond Hill Capital Management
  • What is the intrinsic value of Oracle
  • What is the intrinsic value of Footlocker
  • Why Reliance Industries is a bet on the growth of India 
  • Why Preston is doubling down on Bitcoin. 
  • Ask The Investors: How do I decide on the right discount rate to use? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Nov 15, 2020
TIP322: Raoul Pal - Macro Overview for 4th Q 2020 (Business Podcast)
01:01:53

In this episode, you'll learn:

  • Are we in an inflationary or deflationary environment?
  • Why interest rates will turn negative in the US
  • Why bitcoin is consuming all other asset classes
  • How and why hedge funds, large corporations, and endowments will soon enter the bitcoin space
  • Ask The Investors: “Modern Monetary Theory” – is it valid?  

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Nov 08, 2020
TIP321: Investing & The Brain w/ John Gald (Business Podcast)
01:01:57

In this episode, you'll learn:

  • How we process information subconsciously and how we can take advantage of it 
  • How reflexivity functions between the conscious and subconscious mind.
  • How the brain tricks us into making investing mistakes 
  • How the best investors use the biases of other investors to achieve superior stock returns

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Nov 01, 2020
TIP320: Negotiations w/ Former FBI Agent Chris Voss (Business Podcast)
00:41:39

In this episode, you'll learn:

  • Why you would like your counterpart to say “No” and not “Yes” when you negotiate with them
  • Why you need agreement from your counterparty three times to close a business deal
  • How to use loss aversion to your advantage in negotiations 
  • How to use the Ackerman model in negotiations 
  • Ask the Investors: Should I include short positions in my all-weather portfolio? 


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

  • Chris Voss’ book, Never Split the difference – Read reviews of this book
  • Tweet directly to Chris Voss
  • Chris Voss’ company, Black Swan Group
  • Get a FREE book on how to systematically identify and follow market trends with Top Traders Unplugged
  • BlockFi provides financial products for crypto investors. Products include high-yield interest accounts, USD loans, and no fee trading. For a limited time, you can earn a bonus of $25 when you open a new account. Just go to theinvestorspodcast.com/blockfi to start earning today.
  • Capital One. This is Banking Reimagined. What’s in your wallet?
  • Get the most competitive rate if you’re looking to get a mortgage or refinance in Canada with Breezeful. Plus, get a $100 Amazon.ca gift card at your closing.
  • Take part of OurCrowd's Pandemic Innovation Fund today.
  • Invest in the very same paintings as millionaires and billionaires, at a fraction of the cost, with Masterworks. Use promo code WSB to skip the 70,000 waitlist to get first dibs. (Important Disclaimer)
  • Browse through all our episodes (complete with transcripts) here.
  • Support our free podcast by supporting our sponsors.


Oct 25, 2020
TIP319: Intrinsic Value Assessment of Charles Schwab w/ Arif Karim (Business Podcast)
00:59:30

In this episode, you'll learn:

  • What is the intrinsic value of Charles Schwab
  • The importance of networking effects in wealth management 
  • Why the two most important metrics in wealth management is AUM growth and NIM
  • How to value a financial service company 
  • What the expectation is for inflation, and the impact for Charles Schwab 
  • Ask the Investors: When do you understand an asset well enough to invest in it? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

  • Arif Karim’s company, Ensemble Capital
  • Ensemble Capital’s educational blog
  • Ensemble Capital’s Twitter
  • Subscribe to "Real Vision: Finance, Business & Global Economy” on Apple Podcasts, Spotify or wherever you listen to podcasts.
  • Get a FREE book on how to systematically identify and follow market trends with Top Traders Unplugged
  • Make hiring efficient and effective. Get a quality candidate within the first day with ZipRecruiter
  • BlockFi provides financial products for crypto investors. Products include high-yield interest accounts, USD loans, and no fee trading. For a limited time, you can earn a bonus of $25 when you open a new account. Just go to theinvestorspodcast.com/blockfi to start earning today.
  • Protect your online activity TODAY with ExpressVPN, the VPN rated #1 by CNET and Wired.
  • Capital One. This is Banking Reimagined. What’s in your wallet?
  • Get the most competitive rate if you’re looking to get a mortgage or refinance in Canada with Breezeful. Plus, get a $100 Amazon.ca gift card at your closing.
  • Enjoy Dedicated Account Management Support from Telstra, now with messaging, for every business.
  • Browse through all our episodes (complete with transcripts) here
  • Support our free podcast by supporting our sponsors


Oct 18, 2020
TIP318: The Passive Investing Impact w/ Mike Green (Business Podcast)
01:01:24

In this episode, you'll learn:

  • The relationship between the velocity of money and liquidity
  • Why we’re not living in a time of uncertainties, but actually living with certainty more than ever
  • Why Ray Dalio’s idea of predicting cycles is not valid 
  • Why passive investing has Ponzi scheme traits when the money stops flowing in
  • Why Paul Volker was a terrible FED chair
  • Ask The Investors: Is insider trading important when investing in stocks?


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Oct 11, 2020
TIP317: Intrinsic Value Assessment of Fairfax w/ Jake Taylor (Business Podcast)
00:49:47

In this episode, you'll learn:

  • What is the intrinsic value of Fairfax Financial Holdings?
  • What is the intrinsic value of Fairfax Africa?
  • How to analyze and value an insurance company 
  • How to analyze and value an investment holding company 
  • Ask The Investors: Should I invest in preferred shares? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

  • Preston and Stig’s interview with Jake Taylor about The Intrinsic Value of Berkshire Hathway
  • The Investor Podcast Network’s interview with Jake Taylor on, The Rebel Allocator
  • Jake Taylor’s book, The Rebel Allocator – Read reviews of this book
  • Jake Taylor’s letters to his clients
  • Tweet directly to Jake Taylor
  • Email Jake Taylor at: fivegoodquestions @ gmail.com
  • Check out the momentum tool that Preston and Stig created for the TIP Community that predicted the crash in the stock market. TIP Finance also gives you access to our filter tool for the cheapest companies in the US.   
  • Subscribe to our newsletters about the current market conditions
  • Investing in the important COVID-19 vaccine that MigVax is doing with OurCrowd.
  • Train your nervous system to be more resilient to stress with Apollo Neuro. Get 15% off your purchase today.
  • BlockFi provides financial products for crypto investors. Products include high-yield interest accounts, USD loans, and no fee trading. For a limited time, you can earn a bonus of $25 when you open a new account. Just go to theinvestorspodcast.com/blockfi to start earning today.
  • Capital One. This is Banking Reimagined. What’s in your wallet?
  • Get the most competitive rate if you’re looking to get a mortgage or refinance in Canada with Breezeful. Plus, get a $100 Amazon.ca gift card at your closing.
  • Enjoy Dedicated Account Management Support from Telstra, now with messaging, for every business.
  • Browse through all our episodes (complete with transcripts) here.
  • Support our free podcast by supporting our sponsors.


Oct 04, 2020
TIP316: Current Market Conditions w/ Preston & Stig (Business Podcast)
00:47:06

In this episode, you'll learn:

  • Why Warren Buffett is buying Bank of America
  • Which stocks Warren Buffett is selling right now
  • Why Warren Buffett has bought into Japanese trading houses 
  • Which stocks Preston and Stig find interesting given the current market conditions
  • Ask The Investors: What is the optimal asset allocation right now? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

  • Check out the momentum tool that Preston and Stig created for the TIP Community that predicted the crash in the stock market. TIP Finance also gives you access to our filter tool for the cheapest companies in the US.   
  • Subscribe to our newsletters about the current market conditions
  • Preston and Stig’s interview with Bill Nygren about Bank of America
  • Preston and Stig’s latest discussion about the Current Market Conditions
  • Rich Shaner’s analysis of international stock markets
  • Get a FREE book on how to systematically identify and follow market trends with Top Traders Unplugged
  • Make hiring efficient and effective. Get a quality candidate within the first day with ZipRecruiter
  • Invest in the very same paintings as millionaires and billionaires, at a fraction of the cost, with Masterworks. Use promo code WSB to skip the 70,000 waitlist to get first dibs. (Important Disclaimer)
  • Experience savings in your shipping cost with Pitney Bowes SendPro.
  • Capital One. This is Banking Reimagined. What’s in your wallet?
  • Get the most competitive rate if you’re looking to get a mortgage or refinance in Canada with Breezeful. Plus, get a $100 Amazon.ca gift card at your closing.
  • Enjoy Dedicated Account Management Support from Telstra, now with messaging, for every business.
  • Browse through all our episodes (complete with transcripts) here.
  • Support our free podcast by supporting our sponsors.
Sep 27, 2020
TIP315: Gold and Gold Miners w/ Marin Katusa (Business Podcast)
00:45:17

In this episode, you'll learn:

  • Why the performance of gold miners are lagging the performance of the price of gold
  • How to invest in gold miners
  • The details of Warren Buffett’s investment in gold
  • Why the fear of deflation keeps Chair of the Federal Reserve Jay Powell up at night

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

  • Marin Katusa’s special offer for the listeners of The Investor’s Podcast
  • Marin Katusa’s free research on his website, Katusa Research  
  • Tweet directly to Marin Katusa: @MarinKatusa
  • Enjoy better health and peak performance with Athletic Greens, your all-in-one daily drink. Get the FREE D3/K2 wellness bundle with your first purchase!
  • Get a FREE book on how to systematically identify and follow market trends with Top Traders Unplugged
  • Solve your long list of must-reads once and for all with Blinkist.
  • Capital One. This is Banking Reimagined. What’s in your wallet?
  • Get the most competitive rate if you’re looking to get a mortgage or refinance in Canada with Breezeful. Plus, get a $100 Amazon.ca gift card at your closing.
  • Enjoy Dedicated Account Management Support from Telstra, now with messaging, for every business.
  • Browse through all our episodes (complete with transcripts) here.
  • Support our free podcast by supporting our sponsors.
Sep 20, 2020
TIP314: Thoughts from Ray Dalio, Eric Schmidt, Peter Thiel, & Sam Zell on the Current Economy (Business Podcast)
00:46:52

In this episode, you'll learn:

  • Where Ray Dalio predicts money to flow after COVID-19 is over
  • How Peter Thiel thinks about how technology is changing education from the outside in
  • How Sam Zell thinks about the commercial mortgage-backed securities, and whether there is an opportunity for investors.
  • Eric Schmidt's thoughts about big tech monopolies and the dominance of the App stores
  • Ask The Investors: What is the Modern Portfolio Theory and should I use it?


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

  • Preston and Stig’s review of Ray Dalio’s book, Principles
  • Preston and Stig’s review of Ray Dalio’s book, Big Debt Crises
  • Preston and Stig’s review of Peter Theil’s book, From Zero to One
  • Get a FREE book on how to systematically identify and follow market trends with Top Traders Unplugged
  • Train your nervous system to be more resilient to stress with Apollo Neuro. Get 15% off your purchase today.
  • Make hiring efficient and effective. Get a quality candidate within the first day with ZipRecruiter
  • Capital One. This is Banking Reimagined. What’s in your wallet?
  • Protect your online activity TODAY with ExpressVPN, the VPN rated #1 by CNET and Wired.
  • Get the most competitive rate if you’re looking to get a mortgage or refinance in Canada with Breezeful. Plus, get a $100 Amazon.ca gift card at your closing.
  • Enjoy Dedicated Account Management Support from Telstra, now with messaging, for every business.
  • Browse through all our episodes (complete with transcripts) here.
  • Support our free podcast by supporting our sponsors.


Sep 13, 2020
TIP313: Ed Harrison from Real Vision talks about Current Market Conditions (Business Podcast)
00:58:02

In this episode, you'll learn:

  • How the low yield has changed the investment thesis for growth and value investors
  • What is the optimal investing strategy dependent on your view on the COVID-19 vaccine
  • What the dollar index is indicating for investors right now 
  • The difference and similarities of the US and European economies
  • Whether the Euro and other international currencies are positioned to replace the US dollar as the main global reserve currency
  • Ask The Investors: Will bond investors rush into stocks given the low interest rate? 


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

  • Visit Edward Harrison’s blog and newsletter, Credit write down
  • Watch Edward Harrison on Real Vision TV and listen to his podcast
  • Tweet directly to Edward Harrison
  • Enjoy better health and peak performance with Athletic Greens, your all-in-one daily drink. Get the FREE D3/K2 wellness bundle with your first purchase!
  • Get a FREE book on how to systematically identify and follow market trends with Top Traders Unplugged
  • Solve your long list of must-reads once and for all with Blinkist.
  • Make hiring efficient and effective. Get a quality candidate within the first day with ZipRecruiter.
  • Capital One. This is Banking Reimagined. What’s in your wallet?
  • Browse through all our episodes (complete with transcripts) here.
  • Support our free podcast by supporting our sponsors.
Sep 06, 2020
TIP312: Investing In Businesses w/ Great Fundamentals w/ John Huber (Business Podcast)
01:06:23

In this episode, you'll learn:

  • How to identify high-quality businesses and their moat
  • How to make growth assumptions for your stock picks
  • Why the vast majority of losses in the stock market come from picking the wrong business and not picking the wrong valuation on the right business. 
  • How is the COVID-19 crisis different and similar to other crises in the stock market?  
  • Ask The Investors: Should I borrow money and buy a real asset if I think we will see massive inflation?


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Aug 30, 2020
TIP311: Macro Mastermind w/ Lyn Alden, Luke Gromen, & Jeff Booth (Business Podcast)
01:33:40

In this episode, you'll learn:

  • Whether we will see a return of the liquidity crisis in the USD
  • Whether we have another currency that can replace the USD as the global reserve currency
  • Whether the world will continue to exponentially expand the global aggregated monetary baseline
  • Why some companies are putting bitcoin on their balance sheet
  • Ask the Investors: Can the national debt be inflated away? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Aug 23, 2020
TIP310: Mastermind Discussion 3Q 2020 - (Business Podcast)
01:02:07

In this episode, you'll learn:

  • What is the intrinsic value of Alphabet Inc. 
  • What is the intrinsic value of Berkshire Hathaway
  • What is the intrinsic value of E-Trade 
  • What is the intrinsic value of Brookfield Property REIT 
  • How Warren Buffett’s made his greatest trade ever 
  • Ask The Investors: How can a stock price increase after it has been diluted? 


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

  • Preston and Stig’s tool for stock selection and determining the correlation of all US stocks and ETFs, TIP Finance  
  • Mastermind Discussion Q2 2020
  • Preston and Stig’s FREE resource, Intrinsic Value Index
  • Subscribe to Preston and Stig’s FREE Intrinsic Value Assessments
  • Database with super investors’ investments, Dataroma
  • Tobias Carlisle’s podcast, The Acquires Podcast
  • Tobias Carlisle’s ETF, ZIG
  • Tobias Carlisle’s ETF, Deep
  • Hari’s Blog: BitsBusiness.com
  • Tweet directly to Hari
  • Tobias Carlisle’s Acquirer’s Multiple stock screener: AcquirersMultiple.com
  • Magic Spoon. Healthy cereal that tastes too good to be true. Use promo code: WSB to enjoy free shipping.
  • Get a free consultation for your design or development needs with Mutual Mobile.
  • Protect your online activity TODAY with ExpressVPN, the VPN rated #1 by CNET and Wired.
  • Get the most competitive rate if you’re looking to get a mortgage or refinance in Canada with Breezeful. Plus, get a $100 Amazon.ca gift card at your closing.
  • Capital One. This is Banking Reimagined. What’s in your wallet?
  • Open your stockbroking account & enjoy innovative trading tools and market-leading news and research with advanced charting packages with CMC Markets.
  • Browse through all our episodes (complete with transcripts) here.
  • Support our free podcast by supporting our sponsors.
Aug 16, 2020
TIP309: Real Estate & COVID-19 w/ Ian Formigle (Business Podcast)
00:53:07

In this episode, you'll learn:

  • How has COVID-19 changed the commercial real estate market
  • Why you can have the right idea, but the wrong execution in the current market conditions
  • How to find value in megatrends in commercial estate in 2020 and beyond 
  • Why commercial real estate fits into a value investor’s portfolio in volatile markets


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

  • Contact Ian Formigle’s directly on LinkedIn
  • Ian Formigle’ company, CrowdStreet
  • CrowdStreet’s free Educational Material
  • Learn from Ian Formigle directly on StreetBeats
  • Ian Formigle’s book, The Comprehensive Guide to Commercial Real Estate Investing – Read reviews of this book 
  • Preston and Stig’s previous interview with Ian Formigle about Commercial Real Estate Trends.
  • Preston and Stig’s previous interview with Ian Formigle about stock investors including real estate in their portfolio
  • Preston and Stig’s previous interview with Ian Formigle about Commercial Real Estate
  • Enjoy better health and peak performance with Athletic Greens, your all-in-one daily drink. Get the FREE D3/K2 wellness bundle with your first purchase!
  • Have everything you need to live your most comfortable life with Brooklinen. Use promo code INVESTORS.
  • Solve your long list of must-reads once and for all with Blinkist.
  • Get the most competitive rate if you’re looking to get a mortgage or refinance in Canada with Breezeful. Plus, get a $100 Amazon.ca gift card at your closing.
  • Capital One. This is Banking Reimagined. What’s in your wallet?
  • Open your stockbroking account & enjoy innovative trading tools and market-leading news and research with advanced charting packages with CMC Markets.
  • Browse through all our episodes (complete with transcripts) here.
  • Support our free podcast by supporting our sponsors.
Aug 08, 2020
TIP308: Trend Following Investing w/ Niels Kaastrup-Larsen (Business Podcast)
00:45:52

In this episode, you'll learn:

  • Why should you have trend following in a diversified portfolio? 
  • Why trend following and value investing complement each other well
  • How to follow a rule-based strategy and when you should change your rules
  • Why the best trend following sector is commodities 
  • Why trend following is interesting at this point in time of the interest rate cycle


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

  • Niels Kaastrup-Larsen's free guide and free book about trend following
  • Listen to Niels Kaastrup-Larsen’s popular podcast, Top Traders Unplugged
  • Niels Kaastrup-Larsen’s interview episode with Preston about the failure of the dollar
  • How much DUNN Capital has outperformed the S&P500 since 1974 
  • CME group white paper Lintner Revisited
  • Solve your long list of must-reads once and for all with Blinkist.
  • Investing in the important COVID-19 vaccine that MigVax is doing with OurCrowd.
  • Find the suit that fits you perfectly while staying within the comforts of your home with Indochino. Use promo code: INVESTORS
  • Get the most competitive rate if you’re looking to get a mortgage or refinance in Canada with Breezeful. Plus, get a $100 Amazon.ca gift card at your closing.
  • Capital One. This is Banking Reimagined. What’s in your wallet?
  • Open your stockbroking account & enjoy innovative trading tools and market-leading news and research with advanced charting packages with CMC Markets.
  • Browse through all our episodes (complete with transcripts) here.
  • Support our free podcast by supporting our sponsors.
Aug 02, 2020
TIP307: Cullen Roche on Stocks, Inflation, & COVID-19 (Business Podcast)
00:55:03

In this episode, you'll learn:

  • The main advantage of centralized currencies
  • Why the risk of inflation is more likely to come from the Treasury than from the Federal Reserve
  • Why growth stocks typically perform better in a low inflation environment and value stocks perform better in a high inflation environment 
  • Where to find value in international equities
  • How should investors navigate the current market conditions? 
  • Ask The Investors: What is the relationship between inflation, interest rates, and house prices? 


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE


Jul 25, 2020
TIP306: Frontier Investing w/ Kiyan Zandiyeh (Business Podcast)
00:43:37

In this episode, you'll learn:

  • How to invest in frontier markets from A-Z
  • Why frontier market investing should have a place in any well-diversified portfolio 
  • How to assess the political and currency risk of a country 
  • How to do boots-on-the-ground-research and understanding lollapalooza effects 
  • Why Uzbekistan is the most interesting frontier market right now 


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Jul 19, 2020
TIP305: The Structural Impact w/ George Gammon & Clips from Ray Dalio & Jeff Gundlach (Business Podcast)
00:44:02

On todays Show we discuss:

  • What COVID is doing to residential real estate in major cities
  • What COVID is doing to the infrastructure for colleges & commercial real estate
  • FANG Stocks & central banking policy
  • Ray Dalio's thoughts on the limits of central banking policy
  • Ray Dalio's thoughts on where people need to be positioned based on policy
  • Jeff Gundlach's opinions on a V shaped recover


Resources mentioned during the show:

Jul 12, 2020
TIP304: Current Market Conditions w/ Preston and Stig (Business Podcast)
00:57:13

In this episode, you'll learn:

  • How Preston and Stig’s valuation process has changed since they started We Study Billionaires in 2014
  • How moats in the 21st century are different than in the 20th century 
  • Why a gold standard is inflationary         
  • How to invest in without sound money 
  • Ask The Investors: How do you validate and find unbiased information? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Jul 05, 2020
TIP303: Investing During Chaos w/ Lyn Alden (Business Podcast)
00:57:29

In this episode, you'll learn:

  • How money is printed and why it has changed
  • What is the role of swap lines during the COVID-19
  • Why you should use the expected inflation rate in money supply as your discount rate 
  • Why the stock market truly peaked in 2018 and not when it reached an all-time high in 2020
  • Ask the Investors: Is China the next empire? 


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE


Jun 27, 2020
TIP302: Investing During COVID-19 & Intrinsic Value Assessment of Intuitive Surgical w/ Arif Karim (Business Podcast)
01:04:07

In this episode, you'll learn:

  • How to manage your portfolio during COVID-19
  • How to profit from secular trends 
  • How to value a high growth company 
  • What is the intrinsic value of Intuitive Surgical 
  • Ask the Investors: Why is the economy not the stock market? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

  • Arif Karim’s company, Ensemble Capital
  • Ensemble Capital’s educational blog
  • Ensemble Capital’s Twitter
  • Move your business to the cloud with Netsuite.
  • Solve your long list of must-reads once and for all with Blinkist.
  • Have everything you need to live your most comfortable life with Brooklinen. Use promo code INVESTORS.
  • Discover CMC Markets, the ultimate platform for online trading on mobile and desktop.
  • Follow Silicon Valley’s Favorite Tech News Podcast, Techmeme RideHome.
  • Get a free consultation for your design or development needs with Mutual Mobile.
Jun 21, 2020
TIP301: Grant Williams & Luke Gromen Talk Global Macro Economics (Business Podcast)
01:16:05

In this episode, you'll learn:

  • How can the US continue printing dollars without the dollar significantly weakening
  • Which role the treasury market has in the geopolitical situation between the US and China
  • Whether the US could end up like the Weimar Republic or Venezuela 
  • Why is gold not going higher despite the excessive money printing. 
  • The difference between the gold and the bitcoin market and what the indicators tell us
  • Ask The Investors: Why don’t more companies issue shares when its stock trades at all-time high? 


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Jun 14, 2020
TIP300: Current Market Conditions w/ Preston and Stig (Business Podcast)
00:52:38

In this episode, you'll learn:

  • Why the FED buying corporate debt is distorting the capitalist system 
  • What is the relationship between money supply, price inflation, and inflated assets
  • How to invest internationally 
  • Why European big tech companies can’t compete with US and Asia counterparts 


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

  • Check out the momentum tool that Preston and Stig created for the TIP Community that predicted the crash in the stock market. TIP Finance also gives you access to our filter tool for the cheapest companies in the US.   
  • Subscribe to our newsletters about the current market conditions
  • Lyn Alden’s article about the stock market performance based on CAPE ratios
  • Join Preston and Stig’s investing discussions on the TIP forum
  • Discover CMC Markets, the ultimate platform for online trading on mobile and desktop.
  • Capital One. This is Banking Reimagined.
  • Get a FREE book on how to systematically identify and follow market trends with Top Traders Unplugged
  • Search for The Jordan Harbinger Show on Apple Podcasts, Spotify or wherever you listen to podcasts. 
  • Move your business to the cloud with Netsuite.
Jun 07, 2020
TIP299: Mastermind Discussion 2Q 2020 (Business Podcast)
01:19:04

In this episode, you'll learn:

  • What is the intrinsic value of Berkshire Hathaway?
  • What is the intrinsic value of Markel? 
  • What is the competitive advantage of eBay and what is the intrinsic value? 
  • Why Spotify might be undervalued at a $30B valuation even though it’s not making any money
  • ·Ask The Investors: How are Preston and Stig managing their stock portfolios?  

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE


May 30, 2020
TIP298: Part II - Warren Buffett & the 2020 Berkshire Hathaway Shareholders Meeting (Business Podcast)
00:50:18

In this episode, you'll learn:

  • Will Berkshire Hathaway outperform S&P500? 
  • What are the inflationary and deflationary risks for Berkshire Hathaway’s capital intensive businesses?
  • Why didn’t Buffett repurchase more Berkshire Hathaway stocks so far in the corona crisis?
  • Can the US government default on its bonds? 
  • Ask The Investors: When do you sell your profitable stocks?  

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

May 24, 2020
TIP297: Warren Buffett & the 2020 Berkshire Hathaway Shareholders Meeting Part 1 (Business Podcast)
00:57:13

In this episode, you'll learn:

  • Why did Warren Buffett sell his airline stocks? 
  • Whether Warren Buffett recommends that retail investors buy stocks now? 
  • Why Berkshire Hathaway hasn’t acted more in the financial markets during the corona crisis so far
  • How does Warren Buffett allocate capital across Berkshire Hathaway
  • Ask The Investors: What does “cash is trash” mean?

Books and resources mentioned in this episode:

  • Check out the momentum tool that Preston and Stig created for the TIP Community that predicted the crash in the stock market. TIP Finance also gives you access to our filter tool for the cheapest companies in the US.   
  • Preston and Stig’s interview with Jeff Booth about inflation and deflation
  • Peter Diamandis and Steven Kotler’s book, The Future Is Faster Than You Think
  • Interview with Ray Dalio where he says that, “cash is trash
  • Follow Ray Dalio on Linkedin 
  • Preston’s tweet about the Cantillon Effect 
  • Discover CMC Markets, the ultimate platform for online trading on mobile and desktop.
  • Capital One. This is Banking Reimagined.
  • Get a FREE book on how to systematically identify and follow market trends with Top Traders Unplugged
  • Solve your long list of must-reads once and for all with Blinkist.
  • Earn unlimited 1% cash back with Radius Bank. Get a $50 sign on bonus with promo code “TIP”.
  • The brand new season of Billions is now streaming only on Stan. Start your 30 day free trial today! 


May 17, 2020
TIP296: Current Market Conditions 9 May 2020 (Business Podcast)
01:13:22

In this episode, you'll learn:

  • What is happening in the stock market right now
  • How Preston and Stig are positioned in the market
  • Whether the US is falling into the same liquidity trap as Japan.
  • Pros and cons of fiat currencies
  • Stock market similarities and differences to 1929
  • Ask The Investors: How do I avoid catching a falling knife


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

  • Check out the momentum tool that Preston and Stig created for the TIP Community that predicted the crash in the stock market. TIP Finance also gives you access to our filter tool for the cheapest companies in the US.
  • Subscribe to our newsletters about the current market conditions
  • Link to Preston’s series of tweets that showed the momentum status on indexes
  • Yuval Noah Harari’s book, Sapiens, recommended by Guy Spier and Stig - Read reviews of this book.
  • Preston’s pitch of Biogen and Stig’s pitch of Allstate the Mastermind Meeting 4th quarter 2019.
  • Discover CMC Markets, the ultimate platform for online trading on mobile and desktop.
  • Capital One. This is Banking Reimagined.
  • Get a FREE book on how to systematically identify and follow market trends with Top Traders Unplugged
  • Solve your long list of must-reads once and for all with Blinkist.
  • Earn unlimited 1% cash back with Radius Bank. Get a $50 sign on bonus with promo code “TIP”.
  • The brand new season of Billions is now streaming only on Stan. Start your 30 day free trial today!
  • Move your business to the cloud with Netsuite
May 10, 2020
TIP295: Mohnish Pabrai on Value Investing & Philanthropy (Business Podcast)
00:52:19

In this episode, you'll learn:

  • How Mohnish Pabrai thinks about biases
  • Why and how Mohnish Pabrai uses his checklist in stock investing
  • How has the shorter tenure of stock in S&P500 made Mohnish think of compounders
  • Why Mohnish started Dakshana foundation
  • How Mohnish Pabrai uses his investor mindset to give to charities with the highest possible return

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE


May 03, 2020
TIP294: Inflation - Deflation - Which One Is It? w/ Jeff Booth author of The Price of Tomorrow (Business Podcast)
01:06:07

In this episode, you'll learn:

  • Why we have too much debt and not enough growth in the world
  • Why we need monetary policies deflation on a global scale
  • Why we won’t have a new Bretton Woods
  • Why technology is massive deflationary
  • Why and how to invest in businesses that have the best networking effect
  • Ask The Investors: What does the low interest rate mean to us as consumers?


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Apr 26, 2020
TIP293: Intrinsic Value Assessment of Bank of America w/ Bill Nygren (Business Podcast)
00:46:24

In this episode, you'll learn:

  • How to estimate the intrinsic value of Bank of America
  • How to understand bank valuations based on tangible book value
  • How to read the yield curve and what it means for profitability for banks
  • How to understand the competitive situation between Wells Fargo, JP Morgan, and Bank of America
  • Ask The Investors: Why should I buy psychical gold over paper gold?


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Apr 19, 2020
TIP292: Understanding the Chinese Economy w/ Leland Miller (Business Podcast)
00:40:26

In this episode, you'll learn:

  • How the Chinese central bank operates, and which interests they have in manipulating their interest rate
  • What the real drivers behind the trade war are
  • How to understand the Chinese economy and the impact of the US and the rest of the world
  • Why China will soon grow only 1-2% annually 
  • Why the Chinese banking system prevents acute crises, but also limits growth
  • How to invest in China and to capture the premium from uncertainties

Resources mentioned


Apr 17, 2020
TIP291: Commodity Investments During & After COVID-19 w/ Marin Katusa (Business Podcast)
00:48:47

In this episode, you'll learn:

  • What is going on behind the scenes of the FED and why they do doing swap lines with USD
  • Why Marin Katusa is bull on Equinox Gold and Liberty Gold
  • A practical guide to investing in the gold sector
  • What happened to the price of oil
  • The new relationship between, gold, USD, and the price of oil


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

  • Marin Katusa’s special offer on his exclusive newsletter for the listeners of The Investor’s Podcast including his free book
  • Marin Katusa’s website, Katusa Research  
  • Tweet directly to Marin Katusa: @MarinKatusa
  • Preston and Stig’s interview with Marin Katusa about commodities and negative interest rates
  • Gold Graph mentioned from the show
  • Get a FREE book on how to systematically identify and follow market trends with Top Traders Unplugged
  • Solve your long list of must-reads once and for all with Blinkist.
  • Get the perfect package for your perfect package with Manscaped and use the code TIP.
Apr 12, 2020
TIP290: Current Market Conditions 4 April 2020 (Business Podcast)
01:11:20

In this episode, you'll learn:

  • Understanding what is happening in the stock market right now
  • What Preston and Stig are looking at in the stock market
  • Understanding quantitative easing and FED’s balance sheet in a time of crisis
  • Understanding inflation and deflation pressures and how it impacts the economy and financial markets
  • Ask The Investors: How are options priced? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Apr 05, 2020
TIP289: Intrinsic Value Assessment of Berkshire Hathaway by Jake Taylor (Business Podcast)
00:48:04

IN THIS EPISODE, YOU'LL LEARN:

  • The most important takeaways from Warren Buffett’s most recent letter to shareholders
  • An overview of the five major segments of Berkshire Hathway
  • What is the moat of Berkshire Hathaway after Warren Buffett and Charlie Munger
  • Should Berkshire Hathaway be used as a substitute for cash or a bond in your portfolio?
  • Ask The Investors: Should I as a shareholder of Berkshire Hathaway buy stocks that are already in the company’s portfolio?


BOOKS AND RESOURCES

Mar 29, 2020
TIP288: Current Stock Market Conditions - 2020 Crash - COVID 19 (Business Podcast)
01:10:48

In this episode, you'll learn:

  • How Preston and Stig were positioned before the stock market crashed
  • How Preston and Stig are positioning themselves today
  • Why Preston thinks we’re heading into global hyperinflation
  • Why Stig thinks that now is a good time to add to your compounders in the stock market
  • What the FED and the ECB are doing right now
  • Ask The Investors: What do you think about using put options and LEAPS given the current market conditions?

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE


Mar 22, 2020
TIP287: Value Investing and Market Cycles w/ Vitaliy Katsenelson (Business Podcast)
00:40:10

In this episode, you'll learn:

  • Why value investors don’t understand how Warren Buffett does factor in macroeconomics events
  • The biggest misperception of dividend investing
  • How to measure value in growth
  • How to invest in companies with predictable earnings
  • Ask The Investors: How to make a living in investing when your holding period is forever?

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE


Mar 15, 2020
TIP286: Mastermind Discussion 1Q 2020 (Business Podcast)
01:09:24

In this episode, you'll learn:

  • What the Intrinsic value is of ExxonMobil and Etsy
  • Why Exxonmobil’s plan for 2025 may indicate a 16% annualized return for you as a stock investor
  • If ExxonMobil’s 7% dividend is sustainable
  • Why Preston thinks that Bitcoin could go to $20,000 by the end of 2020 and $200,000 by the end of 2021
  • Ask The Investors: How do you pay yourself when your holding period is forever?


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE


Mar 08, 2020
TIP285: Turning Adversity Into Advantage - Laura Huang's Edge (Business Podcast)
00:29:28

In this episode, you'll learn:

  • Why hard work is not enough to be successful, and what you can do about it
  • Know how others see you, so you can redirect them how they should see you
  • How to turn your weaknesses into assets
  • What you can learn from starting with $5 in capital 


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Mar 01, 2020
TIP284: Bitcoin - Law & Legal Implications w/ Caitlin Long (Bitcoin Podcast)
00:56:25

In this episode, you'll learn:

  • What states like Wyoming are doing to attract Bitcoin companies into the state
  • How the definition of legal tender impacts the legal treatment of Bitcoin
  • Can/would the US shut down Crypto exchanges
  • Can/would the US government ban cryptocurrencies
  • What are the new laws Secretary Mnuchin is talking about


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE


Feb 23, 2020
TIP283: Commercial Real Estate Trends w/ Ian Formigle from Crowdstreet (Business Podcast)
00:45:53

In this episode, you'll learn:

  • Which trends that are important to follow in 2020 and beyond in commercial real estate
  • What the impact is of student debt on real estate in the decades to come
  • Why investors should consider purchasing multifamily assets and conservatively leverage the investment with cheap 10-year fixed-rate debt.
  • How to understand the various financing opportunities in commercial real estate
  • Understanding cycles in commercial real estate


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Feb 16, 2020
TIP282: Novel Coronavirus (COVID-19) Economic Impact w/ Erik Townsend (Business Podcast)
00:50:12

On today’s show we talk to Erik Townsend about the potential impact of the Novel Coronavirus (COVID-19) on the global economy.

IN THIS EPISODE, YOU'LL LEARN:

  • What is the impact to the supply chain
  • What are some of the key figures we know today
  • The reflexive impact of fear on spending
  • The impact on Airlines
  • Asymptomatic transmission impacts
  • What's the good news
  • Impact for Big Pharma
  • The impact on Stocks versus bonds
  • Central Banking response
  • What's next?


BOOKS AND RESOURCES

Feb 12, 2020
TIP281: Intrinsic Value Assessment of Mastercard w/ Sean Stannard-Stockton (Investing Podcast)
00:56:36

In this episode, you'll learn:

  • What is the intrinsic value of Mastercard?
  • How Apple has validated that Mastercard is the payment method of the future. 
  • Why Fintech is not disrupting Mastercard but accelerating its growth
  • The risks of investing in Mastercard
  • How to understand networking effects in business
  • Ask the Investors: How many stocks should a beginning investor own? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE



Feb 09, 2020
TIP280: A History of 5 US Market Crashes w/ Scott Nations (Business Podcast)
00:54:35

In this episode, you'll learn:

  • An in-depth analysis of the stock market crashes in 1907, 1929, 1987, 2008, and 2010
  • The similarities between the FED’s monetary policy in 1929 and today
  • How the stock market could decline by 22.6% in a single day in 1987
  • How the incentives for homeowners and investment bankers in 2008 destroyed the stock market
  • Why the next crash is going to look more like the flash crash in 2010 than any of the earlier crashes
  • Ask The Investors: How should I invest in sector ETFs? 


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE


Feb 02, 2020
TIP279: Stock Market Melt-up w/ Luke Gromen (Business Podcast)
00:57:51

IN THIS EPISODE, YOU'LL LEARN:

  • How the FED will react to a sell-off in the stock market
  • How much countries’ balance sheets can grow
  • Why the FED is committed to financing US deficits
  • Why inflation is a misunderstood concept
  • If there is a risk for the US to go into hyperinflation 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Jan 26, 2020
TIP278: Contrarian Investing Ideas w/ Cullen Roche (Business Podcast)
01:00:31

IN THIS EPISODE, YOU'LL LEARN:

  • Why you can’t truly be a passive investor
  • Why the stock market is a better inflation hedge than gold
  • What are the differences and similarities between financial markets and the economy
  • If the US government running out of money
  • Ask The Investors: Should I invest in a leveraged ETF if I think the stock market will go up over the next few decades? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Jan 19, 2020
TIP277: Intrinsic Value Assessment of Disney - w/ David Trainer (Business Podcast)
00:42:28

IN THIS EPISODE, YOU'LL LEARN:

  • What is the intrinsic value of Disney
  • Why return on invested capital is so important to understand and to use
  • How to understand earnings calls
  • Ask The Investors: How do I start managing money for other people? 


BOOKS AND RESOURCES MENTIONED IN THIS EPISODE


Jan 12, 2020
TIP276: The Euro & Its Impact On European Banking w/ Thomas Mayer (Business Podcast)
00:55:54

IN THIS EPISODE, YOU'LL LEARN:

  • Why was the euro created
  • How is the euro similar and different than the US dollar
  • Which countries benefit most from the Euro
  • Why it’s inevitable that central bank money will become digital
  • How will the Euro perform compared to the US dollar in the next recession

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE



Jan 05, 2020
TIP275: Mastermind Discussion 4Q 2019 (Business Podcast)
01:03:07

In this episode, you'll learn:

  • What is the intrinsic value of Biogen, GrafTech, Allstate, and i3 Verticals
  • If Mohnish Pabrai’s newest stock pick GrafTech is a good investment
  • Why you would want to buy a put option and not write the put option when you short a stock
  • How to value a pharmaceutical company
  • Understanding the cycles in the insurance industry
  •  Ask The Investors: How do you estimate growth rates? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Dec 29, 2019
TIP274: Negative Interest Rate Bonds & Commodities w/ Marin Katusa (Business Podcast)
00:33:21

In this episode, you'll learn:

  • Why the interest rates globally are headed even lower than today
  • Why the US dollar will appreciate
  • What the future relationship between interest rates and gold will be
  • Why the traditional dollar and gold relationship is no longer valid

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Dec 22, 2019
TIP273: Billionaire Jim Simons' Quant Revolution w/ Gregory Zuckerman
00:36:48

In this episode, you'll learn:

  • How Jim Simons’ fund has performed 66% annually since 1988
  • How to make money when you’re only right 51% of the time
  • Why there are fewer inefficiencies in the market than value investors think
  • Ask The Investors: What is the difference between index funds and ETFs and what is the better investment? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Dec 15, 2019
TIP272: X-Prize Founder Peter Diamandis & Steven Kotler on the speed of technology (Business Podcast)
00:47:27

In this episode, you'll learn:

  • Which major industries will be disrupted most over the next 10 years and how
  • Why we have an abundance problem rather than a scarcity problem
  • Why 89% of all genetic diseases can be cured permanently very soon
  • How long will it take before AI is much better at writing novels better than humans, and how AI can already make short films
  • Why iPhones soon will just be a pair of glasses with many more features

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Dec 08, 2019
TIP271: An Intrinsic Value Assessment w/ Dan Ferris (Business Podcast)
00:41:23

In this episode, you'll learn:

  • Why it’s so difficult to invest in mining stocks
  • How to build a relationship with the management with a small-cap company, why it might not be advantageous.
  • How to understand the market for mining royalties
  • How to estimate the intrinsic value of Altius Minerals
  • Ask The Investor’s Podcast: Do you prefer to focus more on business or picking individual securities? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Dec 01, 2019
TIP270: Jesse Itzler - NBA Owner, Entrepreneur, Best Selling Author (Business Podcast)
00:33:55

In this episode, you'll learn:

  • Why Jesse Itzler is still doing hard things when he doesn’t need to?
  • Why you need to “Say it to grow rich”
  • What surprised Jesse Itzler the most from owning a professional sports team
  • Why Jesse has hired a personal coach to learn names 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Nov 24, 2019
TIP269: Factor Based Investing w/ Jack Vogel (Business Podcast)
00:40:16

In this episode, you'll learn:

  • What is factor investing?
  • Which factors have historically performed best?
  • Which factors perform best in bear markets?
  • Should you invest in one or multiple factors at the same time?
  • Ask The Investors: What is the Relative Strength Indicator, and how do I use it?  

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE


Nov 17, 2019
TIP268: Small Cap Investing w/ David Flood (Business Podcast)
00:57:03

In this episode, you'll learn:

  • What is over the counter stocks and how to invest in them
  • What a dark stock is, and why they are mispriced
  • Why you should look for companies trading at a negative enterprise value
  • How can to build a position in companies with a market cap with less than $50M
  • Why David Flood is using Google Satellites photos in his stock research
  • Ask The Investors: Is passive investing a new bubble, and if it is how can you protect yourself?  

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Nov 10, 2019
TIP267: An Intrinsic Value Assessment w/ Sean Stannard-Stockton (Business Podcast)
00:47:49

In this episode, you'll learn:

  • What is the intrinsic value of First Republic Bank
  • Why First Republic Bank can be seen as a retail business with a superior franchise
  • How to value banks, and the importance of price to tangible book value
  • Which key ratios to use to evaluate performance and debt levels of banks
  • Ask The Investors: How to pick stocks when you have a full-time job

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Nov 03, 2019
TIP266: David Stein - Key Questions & Answers to Master Investing (Business Podcast)
00:45:28

In this episode, you'll learn:

  • How to construct the optimal portfolio
  • How to determine the expected return, upside, and downside of an asset class
  • If you should ever be 100% invested in stocks?
  • Why you should consider owning more than a dozen asset classes.
  • Ask The Investors: How should I rebalance my portfolio? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Oct 27, 2019
TIP265: Mark Yusko - The Endowment Model of Investing (Business Podcast)
00:45:58

In this episode, you'll learn:

  • How to invest link an endowment
  • Why innovation in an asset class.
  • Why portfolio construction is the most overlooked activity while security selection is the most overvalued activity
  • Why asset allocation drives returns more than security selection
  • Ask The Investors: Am I too old to start value investing? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE


Oct 20, 2019
TIP264: Mastermind Discussion 3Q 2019 (Business Podcast)
00:57:10

In this episode, you'll learn:

  • The group’s intrinsic value assessment of $T, $STMP, and $RELIANCE
  • Why now is the time to short Vonage Holdings Corp?
  • Why activist Elliot Management is taking a position in AT&T
  • Why Stamps.com might still be undervalued after the stock just soared 60%
  • If Reliance Industries Limited is the Alibaba of India
  • Ask The Investors: How do I read the earnings statement for Berkshire Hathaway? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Oct 13, 2019
TIP263: Commercial Real Estate Investing - w/ Ian Formigle (Business Podcast)
00:39:50

In this episode, you'll learn:

  • How to turn commercial real estate into passive income
  • Why all stock investors should consider including commercial real estate in their portfolio
  • What are the major risk factors of investing in commercial real estate?
  • What are the value drivers behind commercial real estate, and how is it different than single-family residence?
  • How commercial real estate investors take advantage of imperfect information?

Resources Mentioned:

Oct 06, 2019
TIP262: REPO Markets - What it is & What's happening (Business Podcast)
00:37:19

In this episode, you'll learn:

  • What is the REPO rate and why it’s important for you.
  • How the regulations from the 2008 financial crisis have changed the markets today
  • How to position yourself in today’s volatile financial markets
  • Why the stock market will soar and not the opposite if we experience more QE

Resources Mentioned:

Sep 29, 2019
TIP261: Investing in Gold w/ Ken Lewis CEO of APMEX (Investing Podcast)
00:30:58

In this episode, you'll learn:

  • Understanding the drivers behind gold
  • How to combine blockchain security and gold purchase
  • Why there are different types of gold and what is ideal for you
  • The current market conditions for the gold price 

Resources Mentioned:

Sep 22, 2019
TIP260: Bitcoin Math & Value - w/ Plan B
00:41:00

In this episode, you'll learn:

  • How to value Bitcoin based on the stock to flow ratio
  • What the Bakkt exchange is and why it will change the landscape of Bitcoin
  • Why it’s important to understand Sharpe’s ratio when you invest in Bitcoin
  • How investors should think about educating themselves about Bitcoin
  • Ask The Investors: Should I invest in China?   

Resources Mentioned:

Sep 15, 2019
TIP259: What Bitcoin Solves - w/ Dr. Saifedean Ammous
00:42:40

In this episode, you'll learn:

  • Why a higher demand for Bitcoin indirectly makes the currency more secure and in turn a better store of wealth
  • Why the adoption of a deflationary currency like Bitcoin will encourage people to think long term and invest more
  • Why the clearance mechanisms of central banks will ensure the fiat currency system’s survival
  • Why profitable bitcoin mining in the future won’t be using fossil fuels
  • Why Altcoins can’t compete with Bitcoin regardless of any current or future technical properties

Resources Mentioned:

Sep 07, 2019
TIP258: Current Market Conditions and Value Investing w/ Tobias Carlisle (Business Podcast)
00:48:11

In this episode, you'll learn:

  • If now is a good time to short Netflix
  • How to value Netflix
  • Why value investing has been underperforming for a long period of time
  • Why the price to book is not a good indicator for outperformance 

Resources Mentioned:

Sep 01, 2019
TIP257: Small Cap Investing - w/ Eric Cinnamond
00:34:25

In this episode, you'll learn:

  • How to assess the intrinsic value of Natural Gas Services ($NGS)
  • How to assess the intrinsic value of Gencore Industries ($GENC)
  • How to assess the intrinsic value of Crimson Wine Group ($CWGL)
  • How to value a company based on high asset value
  • How to identify that you are at the trough of the cycle
  • Ask The Investors: How should I determine position sizes in my portfolio?

Resources Mentioned:

Aug 25, 2019
TIP256: Raoul Pal - Global Financial Concerns (Business Podcast)
00:32:14

In this episode, you'll learn:

  • Why Quantitative Easing is very likely in the fourth quarter of 2019
  • The full picture of the global debt situation
  • How Central Banks are all connected
  • The outlook for Bitcoin and Gold

Resources Mentioned:

https://www.realvision.com/tv/shows/skin-in-the-game/videos/financial-engineering-unfunded-pensions-and-potential-disaster

Aug 18, 2019
TIP254: Value Investing w/ Bill Nygren (Business Podcast)
00:37:05

In this episode, you'll learn:

  • How to value Alphabet Inc. and why it’s undervalued
  • Why Mastercard and Netflix might be good investments
  • Why P/E is not a good indicator when comparing valuation and competitive advantage
  • How to identify a shareholder friendly management
  • Ask The Investors: What should students know about investing?

Resources discussed during the show:

Aug 04, 2019
TIP253: An Intrinsic Value Assessment w/ Jesse Felder (Business Podcast)
00:37:48

In this episode, you'll learn:

  • How to asses the intrinsic value of Bed Bath & Beyond
  • Why Bed Bath & Beyond is shorted so heavily and why it’s an advantage for you as a long investor 
  • How to make money in a commoditized business with no moat
  • Why Bed Bath & Beyond could be taken private
  • Ask The Investors: How do you factor in macro indicators when valuing stocks?

Resources discussed during the show:

Jul 28, 2019
TIP252: The Bitcoin Impact w/ Trace Mayer
00:31:15

In this episode, you'll learn:

  • How to value bitcoin using the Mayer Multiple
  • Why bitcoin is about bringing trust to a new monetary system
  • How bitcoin might look in 5 years from now
  • How to think about the energy consumption of bitcoin

Resources discussed during the show:


Jul 21, 2019
TIP251: Macro Themes - Summer 2019 w/ Luke Gromen (Business Podcast)
00:41:26

In this episode, you'll learn:

  • Why we’re not a typical credit cycle.
  • The bull and bear case of commodities
  • Why the bond market should have higher yields than it has today
  • Which big tech stock to invest in and why 

Resources discussed during the show:


Jul 14, 2019
TIP250: Lessons from Billionaire Michael Bloomberg (Business Podcast)
00:28:37

In this episode, you'll learn:

  • Michael Bloomberg’s top best advice for a successful business career
  • Michael Bloomberg’s advice to young entrepreneurs
  • What Michael Bloomberg’s childhood was like
  • How Michael Bloomberg started his own company
  • Ask The Investors: Why is inflation good if you borrow money?

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Jul 07, 2019
TIP249: The Intrinsic Value of Facebook w/ John Huber (Business Podcast)
00:43:04

In this episode, you'll learn:

  • How to estimate the intrinsic value of Facebook
  • The projection of the future growth of Facebook
  • What the main threat to Facebook is
  • How to assess the competitive situation between Google, Facebook, and Amazon
  • Ask The Investors: Is knowing how to estimate the intrinsic value of a stock enough to build a portfolio? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Jun 30, 2019
TIP248: Mastermind Discussion 2Q 2019 (Business Podcast)
00:54:45

In this episode, you'll learn:

  • The group’s intrinsic value assessment of $IGGGF, $RP, $SLACK, $AUBN, and $WORK
  • If I Got Games is truly as cheap as the numbers indicate
  • Whether now is the best time to short RealPage
  • If Slack has a sustainable business model
  • Why Auburn National Bancorporation is a good dividend stock with little risk
  • Ask The Investors: Which investment mistake did you make recently and why? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Jun 23, 2019
TIP247: Legendary Investor Bill Miller (Business Podcast)
00:36:53

On today's show we talk to legendary investor Bill Miller. Miller holds the record for 15 consecutive years beating the S&P 500 as a mutual fund manager. Since 2009, Miller has outperformed the market by achieving a 20.4% annual return.

In this episode, you'll learn:

  • How Bill Miller thinks about the Trade War and the implications for the stock investor
  • How Bill Miller are sizing his equity positions
  • Why Bill Miller is fully invested in stocks right now
  • Why the traditional value investing approach has been broken since the 1990s
  • Ask The Investors: How can value investors use momentum strategies? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Jun 16, 2019
TIP246: Part 2 - Berkshire Hathaway Shareholders Meeting Q&A - Warren Buffett & Charlie Munger (Business Podcast)
00:40:00

Once a year Billionaires Warren Buffett and Charlie Munger hold their annual shareholder meeting for Berkshire Hathaway. This episode covers four interesting questions that Buffett and Munger were asked during the meeting.

In this episode, you'll learn:

  • If Warren Buffett would invest in an index fund with his excess cash of more than $100B?
  • How do I decide where to start when building my circle of competences?
  • Why Warren Buffett has a different view on Corporate Governance than Corporate America
  • How Warren Buffett thinks about AI and machine learning, and if it will change the landscape of employment
  • Ask The Investors: How do I value emerging moats? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Jun 09, 2019
TIP245: Part1 - Berkshire Hathaway Shareholders Meeting Q&A - Warren Buffett & Charlie Munger (Business Podcast)
00:37:26

Once a year Billionaires Warren Buffett and Charlie Munger hold their annual shareholder meeting for Berkshire Hathaway. This episode covers four interesting questions that Buffett and Munger were asked during the meeting.

In this episode, you'll learn:

  • Why Warren Buffett bought back more shares in Q1 2019 than all of 2018.
  • Why Warren Buffett thinks he overpaid for Kraft Heinz
  • Warren Buffett’s advice to aspiring money managers
  • What Warren Buffett thinks about his position in Apple
  • Ask The Investors: What is your opinion on leveraged buybacks?

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Jun 02, 2019
TIP244: Bitcoin Basics w/ Leading Expert Tuur Demeester (Bitcoin Podcast)
00:43:58

During this week’s episode, Preston and Stig talk to leading crypto-expert, Tuur Demeester. Tuur is a world-renown economist and investor that focuses on Bitcoin and other blockchain technologies. During the discussion, Tuur explains some of his opinions on why some technologies and protocols.

In this episode, you'll learn:

  • Why and how Mark Zuckerberg and Jack Dorsey want to utilize the technology behind cryptocurrency
  • Why Bitcoin will prevail and remain the most valuable cryptocurrency
  • How to understand the cycles of Bitcoin
  • What the biggest risk is for Bitcoin investors

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

May 25, 2019
TIP243: Tobias Carlisle - Creating an ETF (Business Podcast)
00:42:35

In this episode, you'll learn:

  • What the value spread is and how to do identify it?
  • What the difference is between a mutual fund and an ETF
  • What will happen to the cheapest value stocks if the market crashed
  • What you might want to be long Fiat Chrysler and short Tesla
  • Ask The Investors: What the best value investing curriculum? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

May 19, 2019
TIP242: Billionaire Jack Dorsey - Lessons From Twitter and Square (Business Podcast)
00:35:20

In this episode, you'll learn:

  • How and why Twitter and Square was founded
  • How Jack thinks about the future of payment processing with Square
  • Why you should invest in megatrends, and which mega trend to follow if you invest in consumer internet 
  • The two main lessons Jack learned from founding twitter
  • Ask The Investors: Do you invest your monthly cash flow or do you invest a few times per year? 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

May 12, 2019
TIP241: Value Investing w/ Mohnish Pabrai (Business Podcast)
00:45:27

IN THIS EPISODE, YOU'LL LEARN

  • How Mohnish Pabrai is reading Warren Buffett’s letters to shareholders
  • Who is Mohnish Pabrai cloning?
  • How Mohnish Pabrai is evaluating the performance of his investments
  • Why Mohnish Pabrai will never own an insurance company again
  • Ask The Investors: How do you determine the expected future growth of a company

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

May 05, 2019
TIP240: Investing in Fine Art Like a Stock w/ Scott Lynn (Business Podcast)
00:22:39

In this episode, you'll learn:

  • The bull and bear thesis behind investing in fine art
  • The key metrics behind valuing fine art
  • If fine art has a place in your portfolio
  • Why art by great artists might be value traps
  • How the ultra rich are moving the market 

BOOKS AND RESOURCES MENTIONED IN THIS EPISODE

Apr 28, 2019
TIP239: Commercial Real Estate Investing w/ Ian Formigle
00:36:33

In this episode, you'll learn:

  • What an opportunity zone is and how to value them
  • How to understand the importance of the interest rate in commercial real estate.
  • How to diversify in commercial real estate
  • How to take an index approach in real estate investingmarket

Important Links:

Apr 21, 2019
TIP238: NetSuite Founder Evan Goldberg (Business Podcast)
00:30:15

In this episode, you'll learn:

  • How and why you want to pivot your company
  • Which skills you need to acquire while you grow with your company
  • How and why you should keep looking for the right mentors throughout your life
  • How Evan Goldberg started an accounting company without reading an accounting book 


Resources mentioned during the show:


Watch the video of the live interview at:

Preston's Youtube Channel

Stig's Youtube Channel

TIP238 Show Notes at The Investor's Podcast Website

Apr 14, 2019
TIP237: Legendary Value Investor Sanjay Bakshi (Business Podcast)
00:28:23

In this episode, you'll learn:

  • How to factor disruption technologies into your investment thesis
  • How to locate an emerging moat for a business
  • Why we should evaluate our stock performance using stress adjusted returns
  • How to read Warren Buffett’s letters to shareholders
  • Ask The Investors: How do I choose the best stock broker? 

Resources mentioned during the show:


Apr 07, 2019
TIP236: Momentum Indicators for the 2nd Quarter 2019 w/ Dr. Richard Smith (Business Podcast)
00:24:59
Mar 31, 2019
TIP235: Gold Miners and Other Commodity Companies w/ Marin Katusa (Business Podcast)
00:32:37

In this episode, you'll learn:

  • How to pick small gold stocks that are most likely to be bought out by large competitors
  • How to analyze and pick gold stocks
  • How to analyze and conclude on the current state of the gold industry
  • How and why you can be paid twice with a private placement investment

Important Links:

  • Marin Katusa’s special offer for the listeners of The Investor’s Podcast including his free book
  • Marin Katusa’s free research report exclusively for the listeners of The Investor’s Podcast
  • Marin Katusa’s website, Katusa Research  
  • Tweet directly to Marin Katusa: @MarinKatusa
  • Solve your long list of must-reads once and for all with Blinkist.
  • Find the best job candidate at Ziprecruiter.
  • Refinance your student loan with First Republic.
  • Move your business to the cloud with Netsuite.
  • Watch Billions only at STAN.
  • Simplify writing for you and your team with Grammarly.
  • Join Stig and Evan Goldberg at the SuiteWorld Conference this April 2019 + Get to meet and greet Stig afterwards! Learn more here.



Mar 24, 2019
TIP234: Mastermind Discussion 1Q 2019 (Business Podcast)
01:00:04

In this episode, you'll learn:

  • If Bed Bad & Beyond is finally trading at a good price for value investors
  • Why Nucor, Steel Dynamics, and the entire industry is trading at appealing prices. 
  • Why it’s an advantage for investors that Alibaba is a Chinese company and not a US company 
  • If Microsoft is a good defensive investment in an overvalued market 

Important Links:

Mar 17, 2019
TIP233: Dr. Jim Rickards - Central Banks, QT, QE, & the FFR (Business Podcast)
00:41:35

On today's show, we talk to Dr. James Rickards about central banks and their impact on financial markets.  

In this episode, you'll learn:

  • How and why the FED is preparing for the next recession
  • How the Fed Chairman is signaling to the market what he plans to do.
  • Why having a strong dollar is currently the least bad economic policy
  • Why the world is currently dependent on the US dollar, and how a new system is built not to include it
  • What happens if the stock market is made up by passive investors and the computers make the decisions

Important Links:

Mar 10, 2019
TIP232: Billionaire Stanley Druckenmiller Lessons (Business Podcast)
00:30:10

On today's show, we learn valuable investing lessons from legend Stanley Druckenmiller.

In this episode, you'll learn:

  • Why Stanley Druckenmiller makes many small bets in the market if he had a down year
  • Stanley Druckenmiller’s thoughts on the optimal Monetary Policy
  • Why price signals from the market is no longer a good predictor in the stock market 
  • The Investor’s Podcast: Why are Hedge Fund managers celebrated when Mutual Fund managers are not


Important Links:

Mar 03, 2019
TIP231: The Mind Of A World Poker Champion w/ Annie Duke (Business Podcast)
00:33:06

On today's show, we talk to World Poker Champion, Annie Duke, about how she thinks in bets.  

In this episode, you'll learn:

  • Why we should make decisions the same way as making bets
  • How to separate the decision and the result and why it’s important
  • Why it makes sense to offer the right person $30,000 to spend 30 days in Des Moines (seriously!)
  • How to seek the truth together as a group

Important Links:

Feb 24, 2019
TIP230: Billionaire Larry Ellison Lessons (Business Podcast)
00:24:49

On today's show, we learn valuable lessons from Silicon Valley billionaire Larry Ellison.

In this episode, you'll learn:

  • How to deal with critique and search for the truth
  • How the very early years of a persons life might greatly impact their personality and approach to solving problems.
  • Why Apple might not have been the Apple we know today without Larry Ellison
  • The Investor’s Podcast: What is the difference between Warren Buffett’s Owner Earning and EBITDA 

Important Links:

Feb 17, 2019
TIP229: Billionaire Reid Hoffman Lessons Learned (Business Podcast)
00:42:37

On today's show, we learn valuable lessons from Silicon Valley billionaire Reid Hoffman.

In this episode, you'll learn:

  • What is the secret to the success of Silicon Valley?
  • How to manage a company that is growing at 2.5% - per day!
  • How to use your network to find new job opportunities
  • Why financing and distribution is just as important as the product you are selling
  • Ask The Investor’s Podcast: How do I value fast growing unlisted companies? 


Important Links:

Feb 10, 2019
TIP228: Jonathan Tepper - Investing in Bear Markets (Business Podcast)
00:33:34

On today's show, we talk to the best-selling author, Jonathan Tepper about investing during Bear Markets.

In this episode, you'll learn:

  • If a severe bear market is possible when the economy is strong
  • The most misunderstood concept in bear markets
  • How to think about shorting securities
  • How to take long positions in bear markets 

Important Links:


Feb 03, 2019
TIP227: Jesse Felder - Current Market Conditions 2019 (Business Podcast)
00:39:50

On today’s show we bring back our good friend, Jesse Felder. Jesse is a former multi-billion dollar hedge fund manager out of Santa Monica California. Jesse is regularly featured on the Wall Street Journal, Barron’s, and many other national level business outlets. 

In this episode, you'll learn:

  • Why Warren Buffett’s valuation metric for the stock market forecasts around a 0% return over the next 10 years
  • Why Warren Buffett has refinanced his debt and what it means for you as an investor and house buyer
  • Why Ray Dalio and Jesse Felder think that the dollar is entering a bear market
  • Which gold stocks to take a position in and why

Important Links:

Jan 27, 2019
TIP226: Billionaire Charles Koch Lessons Learned (Business Podcast)
00:46:24

In this episode, you’ll learn:

  • What Charles Koch thinks are the key ingredients to being successful in business
  • The importance of market-based management
  • How Charles Koch’s choose among business opportunities
  • Why creative destruction is and why it’s important in business and stock investing
  • Ask The Investors: What do you think about Ray Dalio’s All Weather Portfolio?


Important Links:


Jan 20, 2019
TIP225: Billionaire Peter Thiel Lessons Learned (Business Podcast)
00:42:58

In this episode, you'll learn:

  • Why and how Peter Thiel is always inverting his thinking and why you should do the same
  • Why visionaries think in terms of a tipping point of employees rather than a tipping point for revenue
  • What Peter Thiel knows that no one agrees with him on.
  • Why computers replacing people is an angst narrative that is not true
  • Ask The Investors: How much should value investors pay attention to the bond yield curve? 

Important Links:

Jan 13, 2019
TIP224: Billionaire Ray Dalio's Book - Big Debt Crises (Business Podcast)
00:37:50

Topics on Today’s Show:

  • Why Ray Dalio thinks that the US Dollar could depreciate 30%
  • Why the financial crisis in 2007-2011 was solved much faster than the Great Depression
  • How to diagnose in which stage of a debt crisis an economy is in
  • How a fixed exchange rate can both be the solution and the problem of a debt crisis 

Important Links:

Jan 06, 2019
TIP223: Billionaire Michael Dell Lessons (Business Podcast)
00:37:22

Topics on Today’s Show:

  • The story behind starting up Dell 
  • Why a negative cash conversion cycle is key for the growth of any business 
  • How Michael Dell created a strategy for rapid growth 
  • Which challenges Michael Dell had and how he overcame them 
  • Ask the Investors: How do you find a co-founder, and how did Preston and Stig meet? 


Important Links:


Dec 30, 2018
TIP222: Mastermind Discussion 4Q 2018 (Business Podcast)
00:49:44

In this episode, you’ll learn:

  • The group’s intrinsic value assessment of $HPQ, $FONR, $SH, and $HDB
  • Why Preston is shorting the S&P500
  • If banks in India is a bull case
  • How you can divide the stock market into four states, and how to position yourself accordingly


Important Links:

Dec 23, 2018
TIP221: Commercial Real Estate Investing w/ Ian Formigle (Business Podcast)
00:47:25

In this episode, you'll learn:

  • Why and how commercial real estate has generated double-digit returns historically
  • Why the best investments in commercial real estate can be found in secondary markets
  • How to detect inefficiency in commercial real estate
  • How and why now might be the time to consider asset classes with no correlation to the stock market

Important Links:


Dec 16, 2018
TIP220: Lessons from Billionaire Oprah Winfrey (Business Podcast)
00:35:14

In this episode, you'll learn:

  • Why a very special girl was the best guest among 35,000 interviews, Oprah conducted throughout her career
  • How Oprah found her calling
  • How Oprah is assembling her team
  • How Oprah chose her personality
  • Ask The Investors: Do you use components of dollar cost averaging as intrinsic value investors? 

Important Links:

Dec 09, 2018
TIP219: US & China - Stocks, Bonds, Currencies, & Commodities w/ Luke Gromen (Business Podcast)
00:34:52

In this episode, you'll learn:

  • Why we’re not in a typical credit cycle.
  • The bull and bear case for commodities
  • Why the bond market should have higher yields than it has today
  • Which big tech stock to invest in and why 

Important Links:

Dec 02, 2018
TIP218: Understanding Body Language w/ FBI Expert Joe Navarro (Business Podcast)
00:38:02

In this episode, you'll learn:

  • How to read other people’s body language and why it’s reliable
  • Why you should look down when you study the body language of another person
  • How business people can use body language in negotiations
  • How to enhance your relationships with a simple head tilt
  • How to detect the body language of a true leader 

Important Links:

Nov 25, 2018
TIP217: Current Market Conditions & Analysis (Investing Podcast)
00:43:00

In this episode, you'll learn:

  • How Preston and Stig’s previous stock picks have performed
  • How Preston and Stig are positioned given the current market conditions
  • How often we experience corrections in the stock market
  • The impact rising federal funds rate on the stock market
  • Ask The Investors: Should I add bonds to my portfolio? 
  • Preston and Stig’s, Intrinsic Value Index
  • Preston’s intrinsic value assessment on Apple Inc.
  • Preston’s intrinsic value assessment on Foot Locker
  • Sign up to our FREE Intrinsic Value Assessments sent directly to your inbox
  • Valuation of Stocks Markets Worldwide

Important Links:

Nov 18, 2018
TIP216: Commodity Investing w/ Marin Katusa (Business Podcast)
00:31:25


Marin Katusa’s special offer for the listeners of The Investor’s Podcast

Marin Katusa’s new research report, The Katusa Paradox

Marin Katusa’s free research on his website, Katusa Research  

Tweet directly to Marin Katusa: @MarinKatusa

In this episode, you'll learn:

  • Why the US dollar can be expected to appreciate over the next 6 months
  • Why gold and uranium are trading below its value
  • Why oil might go as low as $40 over the next 12 months
  • How to take advantage of uncertainty and volatility in commodities
  • How to conduct research on commodities 

Important Links:

Nov 11, 2018
TIP215: Billionaire Mark Zuckerberg Lessons - Facebook (Business Podcast)
00:36:05

In this episode, you'll learn:

  • Why Mark Zuckerberg said no to $1B age 22
  • How Mark Zuckerberg thinks about making big changes to Facebook’s platform
  • What Mark Zuckerberg is most excited about over the next 20 years
  • How Mark Zuckerberg is working to get everyone on the planet online
  • Ask The Investors: Do you use a checklist when picking stocks?

Important Links:

Nov 04, 2018
TIP214: Billionaire Richard Branson Lessons (Business Podcast)
00:29:33

In this episode, you'll learn:

  • How Richard Branson does not let knowhow and capital constraints stop his business ventures.
  • Why your personality is important for starting up a business
  • The process how Richard Branson started up 200 companies
  • Ask The Investors: Would you both have passive and active investing in your portfolio? 

Important Links:

Oct 28, 2018
TIP213: Precious Metal Investing: Gold, Silver, & Platinum w/ David McAlvany (Investment Podcast)
00:43:22

In this episode, you'll learn:

  • Why value investors should consider gold if they deem the stock market overvalued
  • Why investors hold silver and platinum
  • How to determine the asset allocation of gold by the ratio to other precious metals
  • How to use the Dow Jones’s ratio to the price of gold as a buy or sell signal
  • How should gold be allocated in your portfolio when you plan for retirement. 

Important Links:

Oct 21, 2018
TIP212: Billionaire Howard Marks (Business Podcast)
00:34:43

On today's show, we talk to billionaire, Howard Marks. Mr. Marks has produced a 19% annual return for the past 22 years investing in distressed debt. He has been a money manager for 50 years and is a renown luminary in security analysis.

In this episode, you'll learn:

  • How Howard Marks invests accordingly to the market cycle
  • How Howard Marks can be fully invested, and still be cautious in an overvalued stock market
  • How to assess where we are in the market cycle
  • What Howard Marks learned from the current cycle we’re in
  • Which advice Charlie Munger had for Howard Marks about investing 

Be sure to check these out:

Oct 14, 2018
TIP211: Artificial Intelligence and Finance w/ Dr. Wes Gray (Business Podcast)
00:28:34

On today's show, we talk to Dr. Wesley Gray about artificial intelligence and the impact on the finance industry.

Be sure to check these out:

In this episode, you'll learn:

  • Why artificial intelligence has so far shown no evidence of consistently outperforming the stock market
  • How to factor in volatility in your momentum strategy
  • How to include value in your momentum strategy
  • Why the market is signaling that we won’t have conventional inflation in the time to come
Oct 07, 2018
TIP210: Tony Robbins - (Business Podcast)
00:53:36

On today's show, we get the rare opportunity to interview one of our heroes, Tony Robbins. Tony is an American Entrepreneur and NY Times Best Selling Author of multiple books. During our discussion, we talk about Tony’s book Unshakeable and Money Master The Game. Additionally, we talk to Tony about the things that matter most, which is how a person can find their higher purpose, how to accomplish the things people want to master, and most importantly, how to have a real impact. 

Be sure to check these out:

In this episode, you'll learn:

  • Why investors in 401(k) plans put up 100% of the capital, take on 100% of the risk, and only 33% of the return.
  • Why business and life are all about adding value
  • Why you should plant your seeds when you have nothing, to gain abundance in business and life. 
Sep 30, 2018
TIP209: Billionaire Bill Gates' Lessons (Business Podcast)
00:40:12

On today’s show, we are going to be covering billionaire Bill Gates. As many people know, Mr. Gates is the co-founder of Microsoft and he now runs the largest non-profit in the entire world. 

Be sure to check these out:

In this episode, you'll learn:

  • How much you can attribute luck to Bill Gates’ success
  • How Bill Gates stays focused and motivated 
  • How much money Bill Gates is giving away and why
  • Which tech products that will be developed over the next 15 years
  • Ask The Investors: Is it a problem that we have fewer and fewer listed stocks? 
Sep 23, 2018
TIP208: Billionaire Mark Cuban Lessons (Business Podcast)
00:41:17

On today’s show we are going to be covering billionaire Mark Cuban. After being fired from his first job, Mark started his own company called Micro Solutions. Within a decade, Mark sold the company for 6 million dollars and started a second business that streamed college sports over the internet. Within another decade, Mark sold Broadcast.com for 5.7 billion to Yahoo! During our show, we play some interesting questions that Mark has been asked about his time as an entrepreneur. 

Be sure to check these out:

In this episode, you'll learn:

  • Why Mark Cuban believes sales is the most underrated skill in business
  • Why Mark Cuban invested every penny, he had into a put option after he sold his company to Yahoo!
  • Why Mark Cuban thinks you shouldn’t raise capital if you’re an entrepreneur
  • Why Mark Cuban wants you to consider if you’re adding or reducing stress?
  • Ask The Investors: Is the stock market a zero-sum game? 
Sep 16, 2018
TIP207: Tariffs & China with Richard Duncan (Business Podcast)
00:57:10

On today's show we have Richard Duncan. Richard has worked for the IMF and World Bank and is an expert on monetary policy. During the show we talk about the impact of tariffs and the escalating trade war with China.

Be sure to check these out:

In this episode, you'll learn:

  • Why the trade war might be turning point in history 
  • How China is manipulating their currency
  • Why and how the Chinese are going to retaliate in the trade war
  • Why the US government might choose to talk about tariff rather than impose tariffs.
  • Why the US government debt might not be a problem for the economy 
Sep 09, 2018
TIP206: Mastermind Discussion 3Q 2018 (Business Podcast)
00:49:45

On today’s show, we have assembled our mastermind group for the 3rd quarter of 2018. At the start of 2018, the US Stock market experienced a 10% correction. But since that time, equities have had a strong comeback and are now considered the longest running bull market in the history of the NY Stock Exchange. The members participating on today’s show are Tobias Carlisle, Hari Ramachandra, Stig, and Preston. 

Be sure to check these out:


In this episode, you'll learn:

  • The group’s intrinsic value assessment of $GOOG, $FB, $HRB, and PPC
  • How to assess the intrinsic value of growth stocks like Google and Facebook
  • If Pilgrim’s Pride is at the top of it’s business cycle or just trading at a very attractive price
  • If H&B is a good dividend stock 
Sep 02, 2018
TIP205: Jesse Felder on Tariffs, Gold, the Dollar & more (Business Podcast)
00:43:34

On today’s show we bring back our good friend, Jesse Felder. Jesse is a former multi-billion dollar hedge fund manager out of Santa Monica California. Jesse is regularly featured on the Wall Street Journal, Barron’s, and many other national level business outlets. We start off the discussion talking about gold and what lies ahead. As the show progresses we talk about the tariffs and the impact on the US Dollar. We talk Fang, we talk Elon Musk, and much more.

Here are the links for discounts from our sponsors:

In this episode, you'll learn:

  • Why the price of gold has dropped recently and why now might be the time to take a position
  • Why a long time horizon is not a guarantee for good results in the stock market
  • How macro is important but never should be the reason not to take a stock pick
  • How to find investing opportunities in owner-operated companies that are systematically ignored by the indexes 
Aug 26, 2018
TIP204: Momentum Investing Strategies w/ Dr. Richard Smith (Business Podcast)
00:34:08

On today's episode we talking to Dr. Richard Smith. Smith is an expert at momentum investing and is the founder of the popular investing website, TradeStops. During the discussion Dr. Smith talks about the current market conditions and which industries might perform the best for the rest of 2018.

Here are the links for discounts from our sponsors:

In this episode, you'll learn:

  • Why you should use a moving average in your trading strategy
  • Why there is price momentum is energy and small-cap stocks right now
  • How to think about volatility and position size
  • Why Warren Buffett is buying more stock in Apple and why you should use the same investing principle
Aug 19, 2018
TIP203: Learning from Billionaire Jack Ma and his company Alibaba (Business Podcast)
00:43:36

On today’s show we are talking about the famous Chinese billionaire, Jack Ma. Jack’s personal net worth is is around 42 billion dollars. He’s the founder and executive chairman of the Alibaba Group.  In 2017, he was ranked 2nd for the World’s greatest leaders by Fortune Magazine. During the discussion we play some interesting Q&A's Jack has been a part of during the past two years.

Here are the links for discounts from our sponsors:

In this episode, you'll learn:

  • How Alibaba is an E-commerce enabler like Google
  • Why it’s always the same reasons people fail
  • The story of trade unions and pros and cons of removing tariffs and quotas
  • Ask The Investors: How do you evaluate the performance of managements when investing in a stock? 
Aug 12, 2018
TIP202: Renewable Energy Investing w/ Bryan Birsic (Business Podcast)
00:38:58

On today's show, we learn about investing in the renewable energy market. Today's guest is Bryan Birsic and he's the founder of Wunder Capital. His company invests over $100M in the renewable energy market and has a deep understanding of how the market might progress in the future.

Here are the links for discounts from our sponsors:

In this episode, you'll learn:

  • How do renewables do as an investment during a recession?
  • What are the bull and the bear case for investors in renewables?
  • Why are electricity prices so volatile, and why are they sometimes negative?
  • What would happen if we took away all subsidies in renewables? 
Aug 05, 2018
TIP201: Big Mistakes That Great Investors Make w/ Michael Batnick (Business Podcast)
00:32:16

On today's show, we learn about the biggest mistakes that legendary investors have made throughout their career. Our guest, Michael Batnick, recently wrote a book on this topic and provides insights from what he learned. Michael is often featured on CNBC and Bloomberg and he is the Director of Research at Ritholtz Wealth Management.

Here are the links for discounts from our sponsors:

In this episode, you'll learn:

  • Why you shouldn’t talk about your investments
  • Why Jesse Livermore is the most quoted and successful trader, but still went broke 
  • Why billionaire Chris Sacca said yes to Twitter, but no to Snapchat, Dropbox, and Airbnb
  • Why it’s not what you don’t know, but what you do know for sure that gets you into trouble
  • Ask The Investors: Do you think the increasing number of value investors is making value investing less attractive today?  
Jul 29, 2018
TIP200: AI and Deep Learning with ETFs - Guest Sam Masucci from AIEQ (Business Podcast)
00:33:53

On today’s show we talk to the founder of ETFmg, Sam Masucci. Sam's company is responsible for bringing the first Artificial Intelligence ETF onto the market. The name of the ticker is AIEQ, and since inception in OCT 2017, the fund has outperformed the S&P 500 by nearly twice the yield (as of July 2018). During our discussion with Sam, we ask him about the deep learning methodology and how the programmers integrated IBM Watson technology into the logic. Additionally, we talk to Sam about another artificial intelligence ETF called BIKR, which was designed and launched by the legendary investor, Jim Rogers. 

Here are the links for discounts from our sponsors:

In this episode, you'll learn: 

  • How and why an ETF works, that is built on Artificial Intelligence
  • How to train a machine to start training itself
  • What a long only fund does when it estimates that the market will drop, but can’t short or go to cash
  • Ask The Investors: How can we use Price-to-Sales in our valuation process?


Jul 22, 2018
TIP199: Learning from Jeff Bezos - Blue Origin, Being a Founder, Profitability and more (Business Podcast)
00:40:18

On today's show we play some of the best questions and answers we could find from interviews with Jeff Bezos. Jeff is the founder of Amazon and the wealthiest person in the world (over 140 billion).

Here are the links for discounts from our sponsors:

In this episode, you'll learn:

  • How Jeff Bezos gaged his first year of business at Amazon
  • How Jeff thinks about profitability and shareholder value
  • How Jeff thinks about Blue Origin and space
  • Why Jeff isn't concerned about the current quarter
  • Why Jeff purchased the Washington Post
Jul 15, 2018
TIP198: Daymond John & The Power of Broke (Business Podcast)
00:38:52

On today’s show we talk about the very popular entrepreneur, Daymond John. John rose to business stardom after creating the global clothing line FUBU. Later he became a celebrity figure on ABC’s Shark Tank. After looking through various book recommendations from our audience, we kept getting a similar recommendation: The Power of Broke by John. The book provides some great insights into Daymond’s life before FUBU and how he created the business, but the part of the book we liked the best was his guidance and recommendations for people that are starting their own business. 

Here are the links for discounts from our sponsors:

In this episode, you'll learn:

  • How Daymond John created FUBU
  • Which advantages you gain from being broke
  • Why Proof of Concept goes before anything else in Entrepreneurship
  • Why successful business people have or has had a mentor
Jul 08, 2018
TIP197: The Creative Curve by Allen Gannett - CEO of TrackMaven (Business Podcast)
00:36:48

On today’s show we talk about a subject that so many want to master, but few understand where to start. The topic of today’s show is Creativity. Now, you might be asking yourself, how can I develop the right idea at the right time, and today’s guest is one of the leading experts in that field. This might be hard to believe, but Allen Gannett is only 27 years old. And as soon as you hear this interview, you won’t believe the amount of knowledge and insights he brings to the topic. In fact, Allen is so bright that at age 24, he was selected onto the Forbes 30 under 30 list. Additionally, he has created a highly successful business that's in the field of big data analytics. For the research of his book, Allen interviewed a billionaire, one of the wealthiest members of Congress, and even CNBC host, Andrew Ross Sorkin. Click here to purchase Allen's book: The Creative Curve.

Here are the links for discounts from our sponsors:

In this episode, you'll learn: 

  • Why creativity and trends are all about striking a balance between familiarity and novelty
  • How you can keep reinventing success in different fields.
  • The truth behind the 10,000 hours rule and mastering a skill
  •  Why the real story of Mozart is not about a Genius, but about helicopter parenting
Jul 01, 2018
TIP196: (Part II) Buffett & Munger Q & A at the 2018 Berkshire Hathaway Shareholders Meeting (Business Podcast)
00:52:07

In this episode, Preston and Stig talk about their experience of attending the 2018 Berkshire Hathaway Shareholder's meeting. The Investors play five of the best Q&A that occurred during the meeting. After each question, Preston and Stig provide their feedback and analysis on Buffett and Munger's responses.

Here are the links for discounts from our sponsors:

In this episode, you'll learn: 

  • If Elon Musk is right about Warren Buffett’s being wrong about competitive advantage?
  • Why Warren Buffett won’t invest in cryptocurrencies           
  • Why many Berkshire Hathaway’s employees can’t invest accordingly to Buffett’s principles in their 401K 
  • Why Warren Buffett would rather hire a person who applies chapter 8 of The Intelligent Investor than a top student from a top business school
  • What Charlie Munger and Warren Buffett think about Machine Intelligence and stock investing in the future
Jun 24, 2018
TIP195: Buffett & Munger Q & A at the 2018 Berkshire Hathaway Shareholders Meeting (Business Podcast)
00:49:27

In this episode, Preston and Stig talk about their experience of attending the 2018 Berkshire Hathaway Shareholder's meeting. The Investors play five of the best Q&A that occurred during the meeting. After each question, Preston and Stig provide their feedback and analysis on Buffett and Munger's responses.

Here are the links for discounts from our sponsors:

In this episode, you'll learn: 

  • If Buffett plans to sell his investment in Well’s Fargo after the recent scandal?
  • How the new accounting rules change the way investors value companies
  • If Buffett wants to pay a special dividend as Berkshire Hathaway is approaching a $150B cash position
  • How Buffett would invest differently if he only had $1B in his portfolio
  • How Buffett evaluates the attractiveness of bonds.



Jun 17, 2018
TIP194: Small Cap Investing & Intrinsic Value Calculations w/ Eric Cinnamond (Investing Podcast)
00:41:50

One of the most lucrative and highest yielding areas of investing is finding quality companies in the small-cap market. The difficulty with investing in this space is the companies often lack stability and market dominance to make some investors comfortable. On this episode, we talk to a leading expert and former hedge fund manager that has invested in the small business space over three decades. Eric Cinnamond currently runs his own blog where he provides a detailed analysis of all the conference calls and small-cap companies he follows (a couple hundred businesses).

Here are the links for discounts from our sponsors:

In this episode, you'll learn:

  • How margins move in the business cycle, and where we’re currently at
  • What to listen for in an earnings call
  • Which catalyst that can make inflation take off
  • Why the recent movement in Treasury bond yields are important to your portfolio
  • Which sectors are priced attractively and where not to invest 
Jun 10, 2018
TIP193: Jonathan Tepper on Buffett, Inflation, and Growth (Business Podcast)
00:40:51

On today’s show, we interview the NY Times bestselling author Jonathan Tepper. Jonathan is the owner of the macroeconomic research group that provides leading indicators to various asset managers. He is a Rhodes Scholar and a graduate of Oxford University. We talk to Jonathan about Buffett’s approach to investing in concentrated industries along with his thoughts on inflation.  

In this episode, you'll learn:

  • What the retail investor can learn from Warren Buffett about how to invest in concentrated industries
  • Why billionaire Peter Theil argues that monopolies are good for society
  • How inflation impacts the investor’s portfolio performance
  • Why wages in the US is not going up
  • Where we right now in the current market cycle 

Here are the links for discounts from our sponsors:


Jun 03, 2018
TIP192: NBA Owner Lives w/ Monks, Jesse Itzler (Business Podcast)
00:53:51

In this episode, Preston and Stig talk to one of the owners of the Atlanta Hawks Basketball team, Jesse Itzler. Jesse is a serial entrepreneur and the founder of numerous start-up companies. In particular, Jesse was the founder of Marquis Jet, which was sold to Warren Buffett’s Berkshire Hathaway. During our discussion, Jesse talks to us about his new book, Living With The Monks. In the book, Jesse learns what turning off his phone taught him about happiness, gratitude, and focus. Checkout Jesse's new book on Amazon

Here are the links for discounts from our sponsors:

In this episode, you'll learn:

  • Why you should build your life up around moments
  • What you do when someone offers to buy shares in your future life income
  • How to make room for yourself in your life
  • What we can learn from monks about the quality of work and true ownership 
May 27, 2018
TIP191: Jim Rickards (Part 2) Artificial Intelligence, Bitcoin, and Credit Cycles (Business Podcast)
00:38:57

Jim Rickards is a New York Times Best Selling Author and major authority in central banking policy. Jim has worked on Wall Street for more than 35 years and his comments and commentary are frequently aired on CNBC, Bloomberg, and countless other national level news organizations. His books are on the recommended reading lists at businesses like Bridgewater Associates and major US banks. Our interview with Jim is two episodes long and this is the second half of the discussion.

Here are the links for discounts from our sponsors:

In this episode, you'll learn:

  • Why the opportunity to short Bitcoin has changed the price setting
  • Why Bitcoin can’t be used in a credit based system, and why that is a problem for economic growth
  • Why it’s easier to forecast financial events in 6 months than tomorrow
  • How the Euro will appreciate compared to the dollars by the end of the year
May 20, 2018
TIP190: Jim Rickards (Part I) - Central Banking, Taxes, and Crypto - Business Podcast
00:39:32

Jim Rickards is a New York Times Best Selling Author and major authority in central banking policy. Jim has worked on Wall Street for more than 35 years and his comments and commentary are frequently aired on CNBC, Bloomberg, and countless other national level news organizations. His books are on the recommended reading lists at businesses like Bridgewater Associates and major US banks. Our interview with Jim is two episodes long and this is the first half of the discussion. First we talk to him about his thoughts on the new tax bill. We talk about what has happened, and what he expects to happen moving forward. Jim talks about portfolio allocation, and we even get him to talk about crypto-currencies as well. Regardless, be prepared to her some interesting thoughts, all backed-up with a lot of statistics and analysis. 

In this episode, you'll learn:

  • Why the tax bill won’t lead to economic growth
  • How to allocate your portfolio when the stock market is expensive
  • The difference between Bitcoin and distributed ledger
  • Why Stellar is a better cryptocurrency than Bitcoin 
May 13, 2018
TIP189: Ian Siegel - Founding a Billion Dollar Company (Business Podcast)
00:33:30

On today's show, we talk to Ian Siegel. Ian is the founder and current CEO of the billion-dollar tech company, Zip Recruiter. Ian built the company from nothing in 2010 and has now served over 120 million customers. On today’s interview, we talk to Ian how he did this. We ask him what advice he can give to other people that are also trying to grow their own business from the ground up and how they will know if they have a winner on their hands. Before founding his current company, Ian was also an executive at Stamps.com and eBay during the key developmental growth of those businesses. So with all this experience and knowledge of taking start-ups all the way to the top, I think you’ll really enjoy this interview with Ian. Well, without further delay, we bring you a wealth of experience from Ian Siegel. 

In this episode, you'll learn:

  • Why market validation is more important than raising money and building a team.
  • Why you should only offer new products that cater to at least 50% of your customers
  • Why matching on the job market is done through a computer algorithm, and how to benefit from that
  • The one thing that employers and employees do wrong in the hiring process 
May 06, 2018
TIP188: Mastermind Discussion 2nd Q 2018 w/ Jesse Felder & Tobias Carlisle (Business Podcast)
01:00:51

On today’s show, we have assembled our mastermind group for the 2nd quarter of 2018. Some of the major market themes we have seen since the start of the year is a substantial sell off in short and mid-term duration government bonds, with the 10 year treasury briefly hitting over 3%. Since global equity markets hit a high on 25 January 2018, they have struggled to sustain that level, at the end of April 2018, the market is still down -6% since those highs. Many are attributing the slow-down in equity growth to the inflationary impacts that are starting to be seen throughout the economy. Although these are the narratives, it’ll be interesting to see what the members of the group have to say and more importantly how they structure their picks around this environment. The members participating in today’s show is Jesse Felder (a former headgefund manager of over a billion dollar fund), Tobias Carlisle (from Carbon Beach Asset Management and the best selling author of Deep Value and the Acquires Multiple), and Stig and myself. 

Be sure to check these out:

In this episode, you'll learn:

  • The group’s intrinsic value assessment of $AGX, $NLY, and $UTHR
  • The relationship between real and financial assets, and why now could be highly profitable
  • How to understand insider trading by the company’s management
  • Why fundamentals and price action signal an upcoming bull market for silver and gold 
Apr 29, 2018
TIP187: The Culture Code w/ Daniel Coyle (Business Podcast)
00:42:22

On Today's show we talk to the New York Times Best Selling author, Daniel Coyle. Daniel is a leading expert in the development of peak performing cultures. In his new book, The Culture Code, Daniel interviews people like billionaire Tony Hsieh, Pixar's Ed Catmull, and many more. If you ever wanted to know what it takes to build a top performing team, you'll definitely want to hear what Daniel has to say.

Be sure to check these out:

In this episode, you'll learn:

  • How do you create the strongest culture in your organization regardless of your rank
  • How high performing culture communicate with each other
  • Why the San Antonio Spurs and winning significantly more games than they are supposed to on a consistent basis.
  • Why the most important 4 words a leader can say is “I Screwed That Up!”
Apr 22, 2018
TIP186: Part II - The Bitcoin Debate - Tuur Demeester & Erik Townsend (Investing Podcast)
00:40:47

In 2017, we saw Bitcoin grow by over 1300%. Ever since the start of the new year, however, things have been pretty ugly, with a year to date performance of -50%. So what in the world is happening? Is bitcoin still the darling new asset class that so many people believe in, or is something more frightening on the horizon? Well, on today's show, we are going to have a little discussion that covers both sides of the argument. In one corner we have Tuur Demeester. Tuur has been an investor in Bitcoin since the early days when one coin was only $5. Since his initial position, Bitcoin has grown by 132,000%. Tuur has a huge following with over 159,000 twitter followers because of his in-depth ideas and comments about crypto currencies. On the other side of the argument we have the talented Erik Townsend. Erik is the host of a very popular investing podcast called Macro Voices. Erik got his start as a computer programmer and by the age of 17, he was already an independent software development and design consultant. Erik is an entrepreneur that has built successful tech companies and he's also the founder of his own global macro hedge fund.

In this episode, you'll learn:

  • Why and how a new government-controlled cryptocurrency might close down tax havens
  • Why history shows that governments might eventually accept Bitcoin
  • How to understand the features of the Lightning Network 
Apr 15, 2018
TIP185: The Bitcoin Debate (part 1) w/ Tuur Demeester & Erik Townsend (Investing Podcast)
00:47:01

In 2017, we saw Bitcoin grow by over 1300%. Ever since the start of the new year, however, things have been pretty ugly, with a year to date performance of -50%. So what in the world is happening? Is bitcoin still the darling new asset class that so many people believe in, or is something more frightening on the horizon? Well, on today's show, we are going to have a little discussion that covers both sides of the argument. In one corner we have Tuur Demeester. Tuur has been an investor in Bitcoin since the early days when one coin was only $5. Since his initial position, Bitcoin has grown by 132,000%. Tuur has a huge following with over 159,000 twitter followers because of his in-depth ideas and comments about crypto currencies. On the other side of the argument we have the talented Erik Townsend. Erik is the host of a very popular investing podcast called Macro Voices. Erik got his start as a computer programmer and by the age of 17, he was already an independent software development and design consultant. Erik is an entrepreneur that has built successful tech companies and he's also the founder of his own global macro hedge fund.

In this episode, you'll learn:

  • Why the Bitcoin community is so focused on the distributed ledger
  • Why the bitcoin blockchain consumes so much energy and why it’s important for security of the blockchain
  • How Cryptocurrencies in the future likely have different layers of centralization
  • If governments eventually will take over with their own cryptocurrencies 
Apr 08, 2018
TIP184: Momentum Investing w/ Dr. Richard Smith (Investing Podcast)
00:34:55

In today's episode we talking to Dr. Richard Smith. Smith is an expert at momentum investing and is the founder of the popular investing website, TradeStops. During the discussion Smith explains how a firm understanding of volatility and statistics can enable momentum investors an edge in determining entry and exit points into stocks that are selected based on fundamental advantages.


In this episode, you'll learn:

  • How to trust math and not emotions in your portfolio
  • How to mix billionaires’ stock picks with price momentum
  • Which sectors have the right trend during March 2018
  • If the price action on Bitcoin and other currencies signals bear or bull
Apr 01, 2018
TIP183: The Dollar Decline, China, Gold & Crypto Currencies w/ Luke Gromen (Investing Podcast)
00:56:53

On today's show, we talk to the astute Luke Gromen about the current dollar decline. Luke provides numerous details why the dollar is currently devaluing despite the FED tightening the money supply. Additionally, Luke talks about the interesting relationship with China and how they are acquiring large amounts of gold and oil to reduce their dependence on the US dollar. In general, this interview provides incredible insights into understanding currency & commodity movements and where the world is moving in the coming decade.

In this episode you will learn:

  • Why China keeps acquiring more gold
  • How the US has created a dominant global currency that's on the brink of decline
  • How ratios like the oil to gold price are used to understand larger macro concepts
  • The role of cryptocurrencies in a de-pegged world
Mar 25, 2018
TIP182: The Compound Effect by Darren Hardy (Business Podcast)
00:47:45

The Compound Effect is a book written by New York Times Best Selling author, Darren Hardy. Hardy is the former editor at Success Magazine and is an expert in understanding peak business performance.


In this episode, you'll learn:

  • How and why you should be the world’s biggest believer in consistency
  • Why you should claim 100% ownership of everything that happens to you
  • 5 step checklist to get momentum behind compounding success
  • Why success is something you attract by the person you become 
Mar 18, 2018
TIP181: Snap Judgements - a Review of Blink by Malcolm Gladwell (Business Podcast)
00:44:58

Malcolm Gladwell is a New York Times Best Selling author for multiple books. On today's show, Preston and Stig cover his book, Blink. Gladwell's book goes into detail exploring the things that happen in the first two seconds a person is exposed to something new. He examines why some people are able to make really good snap judgments while others are terrible. The Investor's Podcast chose this book because stock investors are constantly making good and bad decisions that are sometimes based on instinct. Hopefully, the information discussed in this episode will provide deeper clues into the reliability of using instinctive gut feelings when making investment decisions.


In this episode, you'll learn:

  • How we make decisions in the blink of an eye
  • How to quickly spot if your marriage is healthy
  • Why we should stick to simple guidelines instead of collecting a wealth of information
  • Why more than 100,000 people could be wrong about “New Coke”
  • Ask The Investors: Should you invest in ENTs or ETFs, and how do you invest in commodities?


Mar 11, 2018
TIP180: Legendary Investor Bill Miller on Stocks, Commodities, & Bitcoin
00:46:24

Mr. Miller was the former Chairman and Chief Investment Officer for Legg Mason Capital Management where he managed over 75 billion dollars. Today, Miller owns and operates Miller Value Partners. Through the years, Mr. Miller has been called “The Greatest Money Manager of the Decade” by Morningstar, a member of the “Power 30” by SmartMoney, and a member of the “All-Century Investment Team” by Barron’s.

During the discussion, Mr. Miller talks about the current market conditions, bond rates, commodities, and cryptocurrencies.


In this episode, you'll learn:

  • If the change in US fiscal policy will affect bond yields
  • How and why Bill Miller is using moving day average to time his investment decisions
  • Why Bill invested in Bitcoin and if he still has a position
  • The most important cognitive biases for new investors to be aware off
  • Ask The Investors: Which impact will babyboomers’ retirement have on the stock market 
Mar 04, 2018
TIP179: Private Equity Investing w/ Doug McCormick (Business Podcast)
00:42:14

On today's show we talk to private equity investing expert, Doug McCormick. Doug has been a private equity investor for two decades and his company has assets under management in excess of a billion dollars.


In this episode, you'll learn:

  • How does the private equity model work?
  • What happens when a private equity company makes an acquisition?
  • Why has private equity industry outperformed the stock market and will it continue?
  • Which critical factors determine if a takeover is successful or not? 
Feb 25, 2018
TIP178: Sam Walton - Made In America - The Story of Wal-Mart (Business Podcast)
00:45:53

On today's episode we learn about Billionaire Sam Walton. To prepare for the show we read Walton's book: Made In America.


In this episode, you'll learn:

  • Sam Walton’s 10 pieces of advice for building a successful business
  • What Amazon learned from Walmart
  • Why it is a big problem if your team is not complaining
  • Ask the Investors: Are Warren and Charlie the competitive advantage of Berkshire Hathaway? 
Feb 18, 2018
TIP177: Mastermind Discussion 1Q 2018 (Business Podcast)
01:02:56

Before the recent 10% correction, we saw more call options compared to put options by 2 standard deviations. We also saw the price at 3 standard deviations above the 200 Day Moving Average (DMA). On top of that, the Stock market is currently priced at levels only seen in 1929 and 2000. 

With that said, we have assembled the Mastermind Group to talk about any opportunities that still might exist in the market that could out-perform the S&P 500 index.  For Toby, Hari, and Stig, they talked about individual companies. Preston, on the other hand, talked about the first deep learning, artificial intelligence ETF that’s completely autonomous in its stock selections. 


In this episode, you'll learn:

·     If the mastermind group likes two of Billionaire David Einhorn’s favorite stock picks 

·     The risks and rewards from investing in cyclical stock picks

·     How to invest in private companies in India

·     About an Artificial Intelligence ETF

Feb 11, 2018
TIP176: Momentum & Value Investing w/ Dr. Wesley Gray (Business Podcast)
00:47:54

On today's show we bring back a popular guest, Dr. Wesley Gray. He has an interesting approach that's a mix between value and momentum investing. Dr. Gray discovered this approach after conducting years of research and backtesting of both styles of investing. The strategy allows him to buy undervalued stocks and also hedge the markets simultaneously.

Be sure to click here to get access to the detailed show notes.

Feb 04, 2018
TIP175: Shane Parrish - On Buffett, Dalio, and Reading (Business Podcast)
00:47:00

On today's show we talk to renown investment blogger, Shane Parrish. Shane is a Buffett style investor that reads and studies everything about the markets. On today's show we talk to Shane about learning and optimizing. He also discusses his opinions on the difference between Ray Dalio and Warren Buffett's investing approach.

Jan 28, 2018
TIP174 - Billionaires Ray Dalio & Bill Gross and Their Expectations for 2018 (Business Podcast)
00:52:30

As the stock market continues to make new highs day after day, we look at recent comments by Billionaires Ray Dalio and Bill Gross to try and understand what's happening and what might happen moving forward.


In Today's Show You'll Learn

  • Why Ray Dalio suggests the Market is transitioning into a tightening phase in 2018
  • Why Dalio thinks the stock market might have more upside
  • Why the Bond market is a risky place to be in 2018
  • Bond King Bill Gross's thoughts on the Bond market in 2018
Jan 21, 2018
TIP173: Stock Market Melt-up with Richard Duncan (Business Podcast)
00:49:05

On today’s show, we bring back a guest that often yields some of the biggest praise from our listeners. His name is Richard Duncan and this is the third time we’ve had him on the show. Richard comes with a wealth of knowledge and over 30 years of experience working for organizations like the World Bank, the IMF, large cap asset management companies, and many more. He’s the author of three incredible books that discuss macro economics and how the world of finance functions in a fiat world.

During today’s discussion we’re going to talk about the bond market and how it’s yield is potentially creating an environment for the stock market to go even higher. Richard outlines some interesting points about how central banks are going to act in 2018 and what that means for overall market movements. So with that, let’s roll.  


In this episode, you'll learn:

  • Why and how the bond yield curve can signal a stock market high
  • Why the FED is shrinking its balance sheet with 1 trillion dollars
  • Why US’s trade deficit is the reason why the US dollar is the world’s most dominant currency
  • Where commodities are heading in 2018
  • Ask The Investors: How do I avoid confirmation bias?


Tweet your comments about this episode directly to Preston and Stig.

Get The Investor’s Podcast blog posts, and podcast episode updates on your Facebook feed by liking We Study Billionaires.

Jan 14, 2018
TIP172: The Art of the Good Life by Rolf Dobelli (Business Podcast)
00:53:38

In this episode, we review Rolf Dobelli's new book that was highly recommended by Guy Spier. The book promises to deliver 52 surprising shortcuts to happiness, wealth and success.


In this episode, you'll learn:

  • Why a good life is all about interpreting facts constructively
  • Why rereading 10 books is a better use of your time than reading 100 books
  • How to balance what is enjoyable and meaningful in your life
  • Why the climate is negligible whether you’re living in Miami than Buffalo
  • Ask The Investors: Why happens to the price of Bitcoin if the stock market crashes?
Jan 07, 2018
TIP171: The Power of Moments w/ Dan Heath (Business Podcast)
01:12:43

Today’s guest is Dan Heath and he’s a three-time New York Times best selling author. Dan is graduate of Harvard and is also a Senior Fellow at Duke University. During the show we talk about Dan's newest book, The Power of Moments


In this episode, you'll learn:

  • How to change your life and business through significant moments
  • Which moments that can create short-term and long-term happiness
  • How to level up on your skill set, just like a computer game
  • Ask The Investors: What is the intrinsic value of Bitcoin?
Dec 31, 2017
TIP170 - A Bet with Warren Buffett - Guest Ted Seides (Business Podcast)
00:41:03

On today's show we talk to Ted Seides. Ted is a graduate of Yale and Harvard university and he comes with multiple decades of experience in finance. For people not familiar with Ted, most might recognize him has the gentlemen that took the opposite side of Warren Buffett’s bet with the hedge fund industry. We talk to Ted about this friendly wager, how it came about, what the results were, and what he thinks about the chances of beating the S&P 500 moving forward. Something else that’s interesting about Ted is that he has extensive experience working for the famous investor, David Swensen. Swensen has been the chief investment officer for Yale’s endowment for decades and his average return for the past 20 years is 25% annually. At the end of the interview we talk to Ted about Swensen’s greatest strengths. We also ask Ted to compare David Swenson and Warren Buffett (who Ted has become friends with through the years).  


In this episode, you'll learn:

  • Why anyone would make an investment bet against Warren Buffett
  • Why Warren Buffett wanted to trade stock tips for a football playbook 
  • The untold drawbacks of investing in index funds
  • The simple secrets to legendary investor David Swensen’s outperformance
  • Ask the investors: What is the best approach to teach your kids finance? 
Dec 24, 2017
TIP169: Jesse Felder - FANG Stocks, Crypto, Central Banks, Inflation (Investing Podcast)
00:58:53

In today's episode we talk to former multi-billion dollar hedge fund manager, Jesse Felder. Jesse talks to us about his concern with FANG Stocks at the end of 2017. Additionally, Jesse talks to us about the potential change in central banking policy that might open the door for inflation to start taking hold in the economy. Finally, the discussion is concluded with Bitcoin and crypto currencies.


In this episode, you'll learn:

  • The risks of investing in FANG stocks 
  • If investors in Apple should be worried about the sale of iPhones
  • Why you should look at stocks compared to its history and not the market
  • Why undoing quantitative easing might be inflationary
  • Why you might want to diversify even if you’re holding cash
  • Ask the Investors: How do Bitcoin futures influence the price?  
Dec 17, 2017
TIP168: Guy Spier on Value Investing, Markets, Bitcoin & more (Business Podcast)
01:12:01

When we first started our podcast, Guy Spier was one of the first guests on the show. He is the founder of the Aqua Marine Hedge Fund and he's a Warren Buffett Style investor. Guy is the author of the best selling book, The Education of a Value Investor, and he's a graduate of Harvard and Oxford University. During our discussion, we cover a wide array of topics like, what kind of daily readings he looks at, the impact of statics and humility, credit cycles, cryptocurrencies, and much more.


In this episode, you'll learn:

  • What publications Guy reads on a daily basis
  • How to think about intrinsic value calculations
  • What Guy thinks about cryptocurrencies
  • Guy's opinion on writing letters
  • How to think about temperament


Dec 10, 2017
TIP167: How The Mighty Fall by Jim Collins (Business Podcast)
00:59:15

One of the biggest names in business literature is Jim Collins. And we recently saw that Billionaire Jeff Bezos recommended Jim’s book, Built to Last. Since we are big fans of both Jim Collins and Jeff Bezos we felt like the book would be a fantastic read for the audience. 


In this episode, you'll learn:

  • The 5 distinctive stages of decline
  • Which 3 key ratios can predict if a company will fall
  • How and why a company can pull itself out of a decline
  • Why a successful management should feel lucky rather than successful
  • Ask the investors: Can Bitcoin benefit from the increasing pressure on the US Dollar? 
Dec 03, 2017
TIP166: Mastermind Discussion 4Q 2017 - Stocks & Bitcoin (Business Podcast)
01:00:56

In today's show, we assemble the TIP mastermind group for another discussion. The team talks about various stock picks that might out perform the S&P 500. Preston and Stig talk about the airline industry, while Tobias and Hari talk about pharmaceuticals and railroads.


In today's show, we cover the following topics:

  • Which stocks the TIP mastermind group might acquire this quarter
  • Why you should go straight to the numbers before analyzing a stock pick in detail
  • Why the airline industry might be worth investing in
  • What Bitcoin Cash is and if should you own it? 
Nov 25, 2017
TIP165: Tobias Carlisle and The Acquirer's Multiple (Investing Podcast)
00:39:16

In today's show we talk to Tobias Carlisle about his new book, The Acquirer's Multiple. The book explains how investors can capture better stock market returns by filtering for companies with a low enterprise value compared to EBIT.


In this episode, you'll learn:

  • What is a good return on the stock market today?
  • Why is Enterprise value more useful than Market cap when you value stocks?    
  • Can you be diversified owning just one asset class?
  • How do I size my positions when I buy options? 
Nov 19, 2017
TIP164: Billionaire Ray Dalio's new book: Principles (Business Podcast)
00:56:55

Billionaire Ray Dalio is one of the biggest names in finance. He achieved this recognition due to Bridgewater Associates stellar performance over numerous decades of operations. 

For instance, during the 2008 financial crisis, the US Stock market was down -50% and Dalio's Pure Alpha fund was up 9.4%. His company has become the largest hedge fund in the world and it trades in almost every market around the world. In this week's episode, we read Ray's new book, Principles. The book was recently released on Amazon in October, and it's quickly rose to numerous bestseller rankings.


In this episode, you'll learn:

  • Why you can have anything but not everything in life
  • Why 15 uncorrelated bets is the holy grail of investing
  • Ray Dalio’s 5 step process to achieve your goals in life
  • The personal advice Ray Dalio gave to Preston
  • Ask The Investors: Why is inflation so low when the economy is booming


View Ray Dalio's Book on Amazon


Nov 12, 2017
TIP163: The Intrinsic Value of 3 Stocks (Business Podcast)
00:44:07

In this episode, Preston and Stig conduct an analysis of three publicly traded stocks. Since the stock market is currently at one of the highest market premiums ever recorded (the only time it was higher was in 2000), the search for yield produced some interesting results. The companies discussed are McKesson Corp (MCK), Gazprom (OGZPY), and McDonald's (MCD).  


In this episode, you'll learn:

  • Why McDonald's is a great company but a horrible stock pick in 2017
  • Should you invest in Russia given the high US stock market?
  • Why dividend payments might be more important for certain stocks
  • How to think about the risk of an individual company compared to the market
  • Ask The Investors: What will happen to ETFs if the market crashes?


Nov 04, 2017
TIP162: Atlanta Hawks Owner Jesse Itzler, Mt. Everest, & Colin O'Brady (Business Podcast)
01:14:06

In today's show, we interview serial entrepreneur and part owner of the Atlanta Hawks, Jesse Itzler. Jesse recently held an event in Stratton Vermont where people climbed the mountain 17 times to simulate the climb of Mount Everest's 29,029 feet. In the second part of the interview, Preston talks to 2X World Record Holder, Colin O'Brady about climbing the real Mount Everest. This week's show is all about mindset and what it takes to accomplish very difficult things in life.


In this episode, you'll learn:

  • What Jesse's 29029 event was like
  • Jesse and Preston's top take-aways from climbing the mountain 17 times
  • What it takes to develop more grit
  • The incredible story of Colin O'Brady (climbing the 7 tallest peaks and visiting both poles)
  • How to overcome major obstacles in your life


Oct 29, 2017
TIP161: Warren Buffett, Charlie Munger w/ Renown Author Roger Lowenstein (Business Podcast)
00:44:53

In this episode, we have an in-depth discussion about Warren Buffett and the Federal Reserve with world renown author, Roger Lowenstein. During the interview, Roger provides interesting first-hand accounts of Charlie Munger and much more. Roger has published six books, and three have become New York Times Bestsellers. Get ready to hear a fascinating interview with one of the best business authors of our generation.


In this episode, you'll learn:

  • The one thing that people don’t know about Warren Buffett?
  • Why Charlie Munger has made Warren Buffett’s more fun, but perhaps not more prosperous
  • Why we have the same conversation about Central Banks as we did 100 years ago
  • Ask the Investors: What is the future of crypto currency


Oct 21, 2017
TIP160: Bitcoin, Ethereum, Segwit 2X, Atomic Swaps, Lightning Network, and Blockchain Technology w/ Charlie Lee and Tuur Demeester (Business Podcast)
01:31:00

In this episode, we have an in-depth discussion about Bitcoin and upcoming changes to the protocol. Before we have this mastermind discussion with Charlie Lee and Tuur Demeester, Preston provides a monologue on the importance of understanding cryptocurrencies. Our two guests are some of the biggest names in the space. Charlie Lee is the founder of LiteCoin which is a digital cryptocurrency with a market capitalization of $3 billion dollars. Tuur Demeester is one of the first crypto writers and invested in Bitcoin when it was only $2 a coin.


In this episode, you'll learn:

  • Why Central Banks are manipulating markets and why Bitcoin is important
  • What is Segwit 2X
  • What is the lightning network
  • What is an atomic swap
  • What capabilities will be important for bitcoin in the future
  • What the future price of bitcoin might be worth


Oct 13, 2017
TIP159: Billionaire Michael Jordan - with Roland Lazenby (Business Podcast)
00:43:13

In today's episode we talk about one of the most influential sports stars of all time: Michael Jordan. Jordan not only changed the game on the court, but he also changed the game for sports apparel.


In this episode, you'll learn:

  • Why timing is everything in sports and business
  • How Michael Jordan changed the game of basketball on and off the court
  • Why it was Michal Jordan’s mindset as much as his athleticism that made him the greatest player of all time.
  • Ask the Investors: How can I continue to educate myself within investing? 
Oct 07, 2017
TIP158: Artificial Intelligence & Deep Learning w/ Rise of the Robots author - Martin Ford (Business Podcast)
00:42:51

In this week’s episode, we talk to the New York Times Best-Selling author Martin Ford. Martin is a futurist that writes about Artificial Intelligence (AI) and robotics. This episode specifically covers the topics found in Martin's book, Rise of the Robots. This book was named Business Book of the year by McKinsey and also Financial Times.


In this episode, you'll learn:

  • How much hype and reality is behind much of the artificial intelligence stories you hear today
  • If the US or China is better positioned for the new wave of artificial intelligence
  • How artificial intelligence will disrupt your career in the finance industry
  • If artificial intelligence has changed valuation techniques
  • Ask the investors: How do I diversify my ETF portfolio?
Sep 30, 2017
TIP157: Quantitative Tightening, Bitcoin, and Currencies w/ Grant Williams (Business Podcast)
00:55:48

In this week’s episode, Grant Williams joins Preston and Stig for an interesting discussion about the FED's decision to start conducting quantitative tightening (QT). Since QT is the opposite of Quantitative Easing (QE), we should expect the opposite market results. Check out this week's episode to see what Grant think about the FED's new announcement and how it will impact markets around the world.


In this episode, you'll learn:

  • What is quantitative easing and how does it work?
  • Why Central Banks are buying stocks
  • What the severe debt situation means for currencies
  • Why Howard Marks changed his opinion on Bitcoin
  • Ask the Investors: How do I value stocks when the interest rate is so low?
Sep 23, 2017
TIP156: Small Cap Investing w/ Eric Cinnamond (Investing Podcast)
00:53:36

In this episode, you'll learn:

  • Why small cap investing can be profitable for the right type of investor
  • Why you should always question where you are in the profit margin cycle
  • Why money managers are 100% invested in a market that 80% of them believes is overvalued
  • Why cyclical stocks are hated and yet can be extremely profitable
  • Ask the investors: How do I value stocks with declining net income? 


Click here to get full access to our show notes.

Sep 16, 2017
TIP155: Mastermind Discussion (Part 2) - Intrinsic Value of 2 Stock Picks (Business Podcast)
00:41:25

This is a continuation of last week's mastermind discussion where the group identifies two more stock picks that might out perform the stock market.


In this episode, you'll learn:

  • What kind of return could one expect from investing in Target
  • Why Amazon could cause as much damage to the retail industry in next 5 years as it did in the previous 20 years
  • Why investors should value offline and online retail traffic differently
  • If REITs are a good placeholder for cash
  • Why growth is not always good for a real estate company
Sep 09, 2017
TIP154: Mastermind Discussion (Part 1) - Intrinsic Value of 2 Stock Picks w/ John Huber (Business Podcast)
00:52:20

During this mastermind discussion, we try to determine the intrinsic value of two different companies: TenCent Holdings and Fiat Chrysler.


In this episode, you'll learn:

  • If stocks trading at 40 times earning can be cheap
  • Why you can make 10x on cyclical stocks
  • What risks you face if you invest in China
  • How to value high growth companies 
Sep 02, 2017
TIP153: Corporate Raiders and Boardroom Battles w/ Jeff Gramm Author of Dear Chairman (Business Podcast)
00:33:40

Since public markets have existed, there have been occurrences where new and existing owners fight for control of the business. In many cases, these boardroom disputes are resolved with marginal friction. But, sometimes these corporate raiders and take-overs result in dramatic stories and intense learning experiences. Today, we have an incredible guest on the show and his name is Jeff Gramm. Jeff owns his own hedge fund and is also an adjunct professor a Columbia Business School, where he teaches Benjamin Gramm and Buffett Style value investing. Jeff is the author of the book, Dear Chairman, which is an incredible account of some of this biggest boardroom battles that have happened in America. He profiles, boardroom battles from investors like Benjamin Graham, Buffett, Ross Perot, Carl Icahn and many other. In the middle of the interview we ask Jeff about an interesting story that happened to him where Warren Buffett mailed him a signed copy of his own book and let him know how much he enjoyed reading.    


In this episode, you'll learn:

  • Why the management often doesn’t represent the shareholder’s interest
  • How billionaire investors like Warren Buffett practice shareholders activism
  • What retail investors can do if they’re not satisfied with the management
  • How concentrated your stock portfolio should be
Aug 26, 2017
TIP152: How Asia Works with Joe Studwell (Business Podcast)
00:29:26

In 2014, Bill Gates recommended a book titled, "How Asia Works," by Joe Studwell. The book was a thoughtful account on why some Asian countries have succeeded while others have failed to grow. Studwell makes the reasons for such prosperity easy to understand, but difficult to implement. In this episode we talk to Joe about the finer aspects of his book.


In this episode, you'll learn:

  • Why Bill Gates made “How Asia Works” a mandatory read within his foundation
  • Why some countries are rich while others are poor
  • How much of Asian economic progress is due to Western influence and why?
  • If South America and Africa can achieve economic growth like Japan, South Korea, and Taiwan?
Aug 19, 2017
TIP151: Billionaire Jesse Itzler - Business, Branding, Everest & More (Investing Podcast)
00:44:09

One of the most fun and energetic entrepreneurs we interview is Jesse Itzler. Jesse is the owner of the Atlanta Hawks NBA basketball team and owner of the 100 Mile Group. Jesse is the founder of Marquis Jet, which was later sold to Berkshire Hathaway's NetJets. In this episode we talk to Jesse about being an entrepreneur and ultra successful business leader.


In this episode, you'll learn:

  • A free and very effective approach to acquiring customers
  • Why the product always comes before branding in business
  • Why sending hand written letters might change your life
  • Jesse Itzler’s most surprising business lesson from owning the Atlanta Hawks
  • How Jesse has changed Preston and Stig’s worst habit 
Aug 12, 2017
TIP150: Questions from the Audience, Artificial Intelligence (AI), Options Trading, Value Investing, & The Intelligent Investor (Business Podcast)
01:03:41

In this week's show, Preston and Stig reflect back on the last 50 episodes and highlight what they have learned. The show covers a wide range of topics from Artificial Intelligence (AI), options trading, value investing, and Benjamin Graham's Intelligent Investor.


In this episode, you'll learn:

  • How Artificial Intelligence will disrupt multiple industries
  • How the best investors in the world use stock screeners
  • Exactly how much the valuation of stocks change the expected return
  • How to invest with options in an overvalued market
  • How to value the assets on the balance sheet
Aug 05, 2017
TIP149: Billionaire Seth Klarman's book - Margin of Safety (Business Podcast)
00:50:40

One of the less known billionaires for people outside of the value investing community is Seth Klarman. Klarman has a very famous book titled, Margin of Safety, which often sells for more than $700 per copy. Today, Preston and Stig discuss what they learned from reading Klarman's book.


In this episode, you'll learn:

  • Different methods for conducting stock investing valuations
  • The difference between investors and speculators
  • When you should hold short term and long term bonds
  • How to counteract risk in your portfolio 
Jul 29, 2017
TIP148: How to Become Rejection Proof (Business Podcast)
00:33:57

In this episode, you'll learn:

  • Why 100 days of rejections is the best thing that could ever happen
  • Why the smartest people always ask “why” before they say goodbye
  • How and why you should also ask for a small favor after every rejection
  • Why rejections are a numbers game, and often as nothing to do with you


Click here to get full access to our show notes.

Jul 22, 2017
TIP147: Billionaire Charlie Munger and the Daily Journal (Business Podcast)
00:39:37

Charlie Munger’s net worth is about 1.5 billion and as most people know, he’s Warren Buffett’s vice chairman at Berkshire Hathaway. As we’ve talked about on previous episodes, Munger is really a brilliant individual that’s considered a polymath. Few people know that Charlie is an investor with the Daily Journal Corporation in Los Angeles California. As a result, he does a question and answer period every year at the shareholder meeting. One of our good friends Hari Ramachandra was lucky enough to attend the Daily Journal meeting this year, and while he was there, he captured some of the best responses that Charlie gave. 


In this episode, you'll learn:

  • What would happen if we all bought index funds
  • What the future holds for money managers
  • Why it would be delusional to think you understand the future of payment systems.
  • Why you need to earn the right to become rich
  • Whether you should invest through a partnership or a holding company
Jul 15, 2017
TIP146: Superforecasting - The Art and Science of Predicting (Business Podcast)
00:34:20

In this episode, Preston and Stig read a book that was recommended to them by legendary investor Edward Thorp. The book is titled, "Superforecasting" by Philip Tetlock and Dan Gardner.


In this episode, you'll learn:

  • The right framework for making correct forecasts
  • How to prevent confirmation bias for your investments
  • Why financial experts are storytellers rather than forecasters
  • How and why the best investors constantly change their opinion 
Jul 08, 2017
TIP145: Bitcoin and Ethereum w/ Tuur Demeester (Business Podcast)
01:01:14

Since the last time The Investors Podcast covered crypto currencies in 2015, the price of Bitcoin has increased by over 1000%. Within the last five years, numerous billionaires have suggested that digital currencies are going to be the next big thing. For example, Bill Gates, Google’s Eric Schmidt, Peter Thiel, Richard Branson, and Patrick Byrne. 


In this episode, you'll learn:

  • What the fundamental value of Bitcoin is
  • Why Bitcoin might continue to be the dominant cryptocurrency
  • Why Bitcoin is expected to split into multiple currencies
  • The main differences between Bitcoin and Ethereum 
Jul 01, 2017
TIP144: Billionaire Howard Schultz' book, Onward - A Story About Starbucks (Business Podcast)
00:32:22

This week, Preston and Stig read Billionaire Howard Schultz' book titled, "Onward." Schultz was the CEO and founder of Starbucks. In the early 2000's, Schultz initially left the company only to return as the CEO in 2008. This book covers his first hand account of the return and why it happened.


In this episode, you'll learn:

  • The story behind Starbucks and how it got to where it is today
  • How Starbucks’ growth strategy failed and how it was fixed
  • Why successful leaders are obsessive about their businesses
  • If McDonald's truly makes better coffee than Starbucks
Jun 24, 2017
TIP143: Mastermind Discussion 2Q 2017 - Four Stock Picks to Beat the Market (Investing Podcast)
01:06:22

During the 2Q, 2017 we assembled our mastermind group to have a discussion about the best stocks that could outperform the S&P 500.


In this episode, you'll learn:

  • Which 4 stock picks that might outperform the S&P 500
  • How to invest when real assets have never been cheaper compared to financial assets
  • Why you are only as smart as your dumbest competitor in a commodity business
  • How to validate your investment thesis
  • How Preston and Stig ended up in Bed Bath & Beyond for a guys’ night out
Jun 17, 2017
TIP142: The Startups of Uber and Airbnb w/ NY Times Best Selling Author Brad Stone (Business Podcast)
00:39:54

This week we are very excited to talk to the New York Times bestselling author, Brad Stone. In Brad's new book, Upstarts, he talks about how companies like Uber, Airbnb, and other killer companies of Silicon Valley are changing the way the world works.


In this episode, you'll learn:

  • How much skill and luck is behind the success of Uber and Airbnb
  • Why investors are currently paying close to $70B to own a company that loses $4B a year
  • Why the next generation of successful companies in Silicon Valley will master Artificial Intelligence
  • How and why Brad Stone’s previous book got a 1-star review from Jeff Bezos’ wife
Jun 10, 2017
TIP141: (Part II) Warren Buffett and Charlie Munger at the Berkshire Hathaway Shareholders Meeting 2017 - (Business Podcast)
00:46:01

This episode is the second part coverage of the Berkshire Hathaway shareholder's meeting.


In this episode, you'll learn:

  • How Warren Buffett estimates the intrinsic value of Berkshire Hathaway
  • How artificial intelligence might impact Berkshire Hathaway
  • What Warren Buffett has learned about investing in the last decade
  • Warren Buffett and Charlie’s forecast about economic growth
Jun 03, 2017
TIP140: Warren Buffett and Charlie Munger at the Berkshire Hathaway Shareholders Meeting 2017 (Part 1) - (Business Podcast)
00:48:25

In this episode, Preston and Stig talk about their amazing experience from meeting up with the TIP community in Omaha for the Berkshire Hathaway annual shareholder meeting. In this episode, you’ll also hear Warren Buffett’s answer to the best questions asked by the shareholders for the 2017 meeting, and Preston and Stig’s discussion of the responses. Pictures from the event are listed below.


In this episode, you’ll learn:

  • Why Warren Buffett recently sold IBM stocks and bought Apple instead
  • How much Warren Buffett thinks the Berkshire stock will compound its intrinsic value over the next 10 years Why Warren Buffett regrets not investing in Google
  • Why Warren Buffett is a great stock picker, but an even better business owner
May 27, 2017
TIP139: Jim Rogers - Macro, Gold, Junk Bonds, India, & Currencies (Stock Investing Podcast)
00:38:29

In this episode, we talk to legendary investor Jim Rogers. Rogers was the co-founder of the Quantum Fund with George Soros in the 1970s. During his ownership of the Quantum Fund, Rogers captured a 4200% return while the S&P 500 only yielded 47%.


In this episode you'll learn:

  • Jim Rogers’ positions in the market
  • Why he is holding gold, but does not add to his position
  • If India is a good financial market to invest in
  • What happened when Preston followed Jim’s advice to short junk bonds in 2015
May 20, 2017
TIP138: Jim Rickards (Part II) - Currencies, the Euro, and Central Banking (Business Podcast)
00:45:19

Jim Rickards is the New York Times Best Selling author of multiple books on finance and macroeconomics. In this episode, Jim shares his thoughts on various topics concerning investing around the world.


In this episode, you'll learn:

  • Why Jim is a bull on the Euro and whether or not it can replace the Dollar
  • Why the world would be better off with a fixed exchange rate system
  • If a new currency that few have heard about will replace the monetary system as we know it
  • Why high economic growth won’t be happening in the US anytime soon
May 13, 2017
TIP137: Jim Rickards - Interest Rates and Central Bankers
00:37:27

In this episode, Preston and Stig talk to the world renown economist and central banking expert, James Rickards. Jim is the New York Times Best Selling Author of books like Currency Wars, The Death of Money, and A New Case for Gold. During this episode, Jim describes the checklist he uses to identify whether the FED will raise or not raise the federal funds' interest rates.


In this episode, you'll learn:

  • How and if the FED could raise rates during the next 10 quarters like a clockwork
  • Which model to use to accurately forecast central bankers decisions to move interest rates
  • If and how you can position your portfolio for hikes
  • Why negative rates don’t work in the United States (or the world)
May 06, 2017
TIP136: Joel Greenblatt - You Can Be A Stock Market Genius (Business Podcast)
00:50:18

In this episode, Preston and Stig read Columbia professor, Joel Greenblatt's book, You Can Be A Stock Market Genius. Greenblatt isn't your tyipcal professor with a net worth of 600 million dollars and an average annual hedgefund return of 50% during the decade his fund was operational.


In this episode, you'll learn:

  • How to take positions in the market with a $5 upside and a $1 downside
  • How to make money in spin offs
  • How to make money in risk arbitrage and merger securities
  • How call options work
Apr 30, 2017
TIP135: Henry Ford & the Secrets of his Success w/ Christopher Whalen (Business Podcast)
00:30:11

In this show, we talk to the brilliant Christopher Whalen about his new book titled, Ford Men. Whalen provides profound research into the ultimate success of the Ford Motor Company.


In this episode, you'll learn:

  • How Henry Ford almost destroyed his company several times
  • How Henry Ford closed down the entire banking system in the US
  • Why the product launch of the Ford Edsel in 1958 is still considered the best marketing case today
  • Two takeaways from Ford Motor Company that all business owners should know
Apr 23, 2017
TIP134: Unshakeable by Tony Robbins (Business Podcast)
00:49:08

One of the biggest names in self-help is Tony Robbins. Since the 2008 financial crisis, Robbins has been on a mission to educate the world about the stock market and the best ways to protect yourself against substantial loss. In 2014, Robbins' wrote the book, Money Master the Game. Today, he has a new book titled, Unshakeable, and it's the #1 investing book on Amazon. In this episode, Preston and Stig discuss what they learned from reading Robbins' newest book, Unshakeable.


In this episode, you'll learn:

  • What you can and can’t control in the financial markets
  • The truth about diversification
  • Why private equity funds are not worth their high fees
  • Why you should write down your personal rules before you invest
Apr 16, 2017
TIP133: Alan Greenspan & Richard Duncan - Macro Economics (Business Podcast)
00:47:34

In this episode, you'll learn:

  • About Richard Duncan’s recent conversation with former FED Chairman Alan Greenspan
  • How $10T was suddenly created out of thin air and the impact of the world economy
  • How the Chinese trade surplus with the US impacts the global economy
  • How and why China is building out new infrastructure equivalent to 10 US highway systems
  • How the US should invest in infrastructure


Click here to get full access to our show notes.

Apr 09, 2017
TIP132: Raoul Pal - Macro Investing & New Opportunities (Business Podcast)
00:46:05

In this episode, you'll learn:

  • Why Tesla might be one of the worst stock picks right now
  • Why the real investors are bears on oil, while speculators are bulls
  • Why the dollar will strengthen, and why a recession might even accelerate it
  • Why the Iranian economy might be one of the best places to put your money
  • Why India’s ban on cash is a smart move for a developing economy


Click here to get full access to our show notes.

Apr 02, 2017
TIP131: Smarter, Faster, Better by Charles Duhigg (Business Podcast)
00:44:29

Recently, we heard an interview where Billionaire Ray Dalio mentioned he purchased a copy of Charles Duhigg's book for everyone in his company to read. As a result, we were captivated by the comment and decided to see what the buzz was about. In this episode, we read Duhigg's newest book, Smarter, Faster, Better, and learn all about productivity.


In this episode, you'll learn:

  • Why control is the key to motivating people
  • How to form the best teams?
  • Why GE is setting both SMART goals and strength goals
  • How to statistically make the best decisions
  • Ask the Investors: How diversified should I be when my portfolio is my net worth?
Mar 25, 2017
TIP130: Mastermind Discussion 1Q 2017 (Investing Podcast)
00:38:41

In this episode, you'll learn:

  • If Charlie Munger thinks it’s better to invest in China than the US
  • If Warren Buffett is winning his $1M cash bet against hedge funds
  • Why Warren Buffett’s is holding $86B in cash
  • Why index funds are mispricing individual stocks
  • Why Bill Miller thinks the stock market could easily go higher


Click here to get full access to our show notes.

Mar 19, 2017
TIP129: Bill Gates' Book Recommendation - Mindset by Carol Dweck (Business Podcast)
00:29:50

In this episode, you'll learn:

  • Why and how you should evolve from a fixed mindset to a growth mindset
  • How ego stops your personal development and humility makes it grow
  • Ask the investors: What would happen in the financial markets if everyone followed a value investing approach?
  • Ask the investors: How does Stanley Druckenmiller use momentum investing to beat the market?


Click here to get full access to our show notes.

Mar 11, 2017
TIP128: Edward Thorp - Investing Legend, Math Genius (Business Podcast)
00:31:03

In this episode, Preston and Stig talk to renown author, mathematician, and investor, Dr. Edward Thorp. Thorp's personal net worth is $800M, and he has achieved a 20% annual return for 30 years in the stock market. Before becoming one of the best hedge fund managers on the planet, Dr. Thorp literally wrote the book on card-counting for blackjack. The name of the book was, Beat the Dealer, and the techniques taught in the book went on the create an entire culture around card counting in Casinos. You won't want to miss this conversation as the hosts uncover some fascinating ideas from one of the smartest mathematical minds on the planet.


Click here to get full access to our show notes.

Mar 04, 2017
TIP 127 : Living In Space and What's Next w/ NASA Astronaut Tim Kopra
00:57:11

In this episode, you’ll learn:

  • What it's like to get shot into space
  • What it's like to live in the International Space Station
  • What it's like to re-enter the earth's atmosphere
  • Why billionaire Elon Musk thought it was easier to start up a space company than making the cut to become an astronaut at NASA
  • How it literally feels to walk around in space and why it’s very different from what you see in the movies.
  • Why big goals are empowering and how to model your behavior to achieve them.
  • Which impact billionaires Elon Musk and Jeff Bezos have had on the space industry and if we’ll ever colonize Mars.


Click here to get full access to our show notes.

Feb 26, 2017
TIP 126 : The Third Wave - A Review of Billionaire Steve Case's Book (Business Podcast)
00:38:25

In this episode, you'll learn:

  • Why the story of AOL is really a story about the Internet.
  • How to negotiate with Microsoft when Bill Gates really wants to crush you.
  • Why and how the Internet will be enabled in all devices in the future.
  • Why the biggest merger in the field of technology failed and what we can learn from it.


Click here to get full access to our show notes.

Feb 19, 2017
TIP 125 : Billionaire Reid Hoffman & The Start-Up of You (Business Podcast)
00:45:11

In this episode, you'll learn:

  • How to build a professional network, so you don’t have to apply for a job the traditional way
  • How you develop a competitive advantage as an employee in today’s market
  • How to take intelligent risks in your business and on your job
  • Ask the Investors: What are the biggest biases new investors have?


Click here to get full access to our show notes.

Feb 12, 2017
TIP 124 : One Up On Wall Street by Peter Lynch (Business Podcast)
00:42:15

In this episode, you'll learn:

  • If new investors should build their portfolio around small cap stocks
  • Why there is more to it than just picking companies you understand
  • How to identify a stock pick that has pricing power
  • A rather untraditional approach to identifying good stocks
  • Ask The Investors: Should a value investor invest in net-net stocks?


Click here to get full access to our show notes.

Feb 05, 2017
TIP 123 : Part 2 Momentum Investing w/ Dr. Wesley Gray (Finance Podcast)
00:36:11

In this episode you will learn:

  • Why value investors have the perfect temperament to follow a momentum strategy.
  • If investors can improve their momentum strategy by individual stock picking.
  • Why Dr. Gray is long US stocks though he believes they are highly overvalued.
  • Ask the Investors: Why and when you should consider shorting the S&P500.
  • Ask the Investors: What moment did you decided to become a lifelong learner?


Click here to get full access to our show notes.

Jan 29, 2017
TIP 122 : Momentum Investing w/ Dr. Wesley Gray (Business Podcast)
00:42:50

In this episode, you'll learn:

  • Why momentum investing is not the same as growth investing
  • Why value investor should consider a momentum strategy in their portfolio
  • Why investing is like poker, where the best players win over time
  • Ask the Investors: What do you look for in a 10K?


Click here to get full access to our show notes.

Jan 22, 2017
TIP 121 : Super-Investor Mohnish Pabrai - Part 2 (Business Podcast)
00:34:23

In this episode, you'll learn:

  • Why Mohnish Pabrai recently invested in Southwest Airlines.
  • What Mohnish Pabrai’s biggest investment mistake is, and how he later made more than $100 million because of it.
  • If Warren Buffett and Charlie Munger consider any macro decisions in their investment approach.
  • Why the airline industry is a terrible sector, but might still be a great investment at the moment.


Click here to get full access to our show notes.

Jan 15, 2017
TIP 120 : Warren Buffett's Clone: Mohnish Pabrai - Part I (Business Podcast)
00:39:38

In this episode, you'll learn:

  • How Mohnish accumulated business knowledge from the age of 11
  • Why Mohnish is one of the very best and respected investors in the value investing community
  • What special advantages people like Bill Gates and Warren Buffett had to become so successful
  • How Mohnish set up and ran a business like Warren Buffett and Charlie Munger
  • Why investing is not a team sport


Click here to get full access to our show notes.

Jan 08, 2017
TIP 119 : The Lean Startup by Eric Ries (Business Podcast)
00:39:30

In this episode, you'll learn:

  • How to use Six sigma to optimize your processes.
  • How to use Validated Learning to develop what the customer truly wants.
  • What Innovation Accounting is and why every start-up should use it.
  • How to develop a minimum viable product, and push it out as soon as possible.
  • Why you should always ask “Why” 5 times when your company faces a problem.


Click here to get full access to our show notes.

Jan 01, 2017
TIP 118 : Mastermind Discussion 4th Quarter (Business Podcast)
00:45:37

In this episode, the mastermind members discuss the following topics:

  • Why Berkshire Hathaway is building a small equity position in the airline industry.
  • Why gold might be a good asset class depending on the country you live in.
  • What has caused the sell-off in bonds and how that will influence the stock market.
  • Why India recently took the biggest currency bills out of circulation overnight.


Click here to get full access to our show notes.

Dec 25, 2016
TIP 117 : Value Investing Legend, Bill Miller (Business Podcast)
00:44:22

In this episode, we interview one of the best investors of all time, Bill Miller. 


We discuss the following topics:

  • Why Bill thinks some value investors miscalculate the value of Amazon.
  • Why billionaire macro investors think that bond yields might go to 6% in 12-18 months.
  • If the Enterprise Multiple is the best key ratio to filter stocks by.
  • Why Bill thinks Apple was a bad capital allocator and how they have improved.
  • How Bill views the value of Tesla at the end of 2016.


Click here to get full access to our show notes.

Dec 18, 2016
TIP 116 : The 35 Year Bond Bubble w/ Grant Williams (Business Podcast)
00:47:38

In this episode we study:

  • Ray Dalio's thoughts on whether the Bond Market has ended it's Bull Streak
  • Why Cash might be a great call option on all asset classes
  • Thoughts on the current conditions of Gold
  • What an economic reset is and how it applies to today's market
  • Why the dollar is the primary reserve currency on borrowed time 


Click here to get full access to our show notes.

Dec 11, 2016
TIP 115 : Value Investing and Special Situations w/ Toby Carlisle (Investing Podcast)
00:46:56

In this episode, you'll learn:

  • If the presidential election will have any impact on the stock market
  • An alternative approach to invest in an overvalued market
  • How to use options as a value investor
  • How Warren Buffett used a special investing strategy to achieve 29.5% over a 12-year period
  • Ask the Investors: How to start your career as a value investor


Click here to get full access to our show notes.

Dec 04, 2016
TIP 114 : Part II - Jim Rickards ~ The Road to Ruin (Business Podcast)
00:41:22

In this episode you will learn about:

  • The history of how the FED makes interest rates decision 
  • Where the FED is making mistakes by ignoring credit growth
  • What the FED will do in DEC 2016
  • World taxation and how it could happen
  • What Ben Bernanke and William Dudley personally told Jim about raising rates   


Click here to get full access to our show notes.

Nov 27, 2016
TIP 113 : Jim Rickards and the Road to Ruin (Business Podcast)
00:41:40

In this episode, you'll learn:

  • Why we faced a crisis in 1998 and 2008, and why me might have an even bigger crisis in 2018.
  • That the FED is leveraged 113-1, and why the IMF will be bailing out the FED during the next crisis.
  • What “SDR money ” is and why it will become the new global currency anyone noticing it.
  • Why the conventional economic models are wrong, and which type of science should be used to replace it.


Click here to get full access to our show notes.

Nov 20, 2016
TIP 112 : Billionaire Paul Allen - Idea Man (Business Podcast)
00:34:49

In this episode, you'll learn:

  • How Bill Gates and Paul Allen founded Microsoft and why it couldn’t have happened without their complimentary skill sets.
  • Why Bill Gates and Paul Allen had all the right external factors on their side to become billionaires.
  • What you might do when you retire at age 30 and have more than a billion dollars.
  • If Microsoft has the right business strategy for the future.


Click here to get full access to our show notes.

Nov 13, 2016
TIP 111 : Good to Great - (Business Podcast)
00:32:44

In this episode, you'll learn:

  • Why the best company leaders consider themselves lucky rather than skilled, and why you should do the same.
  • How to find the right people for your organization by asking “why” multiple times.
  • Why and when it pays to be a pessimist in life and in business.
  • Why the great companies would rather use technology as an accelerator, but never as a creator for their concepts.
  • Why success always looks to be happening overnight, but in reality is always a question of consistency.


Click here to get full access to our show notes.

Nov 06, 2016
TIP 110 : Jesse Felder and the Current Market Conditions
01:05:19

In this episode, you'll learn:

  • Why margin debt might be a good indicator for future stock returns
  • Why cash and real assets like gold are the least risk right now
  • How Preston’s junk bond position has performed
  • Which monetary policy Janet Yellen should execute
  • Why Minsky’s theory is important for volatility trading
  • Ask the Investors: How do I value goodwill?


Click here to get full access to our show notes.

Oct 29, 2016
TIP 109 : Questions from the Audience (Business Podcast)
00:34:55

In this episode, you will learn about the following ideas:

  • If Warren Buffet can achieve a 50% return on $1 Million dollars
  • The importance of catalysts in value investing
  • Preston and Stig’s thoughts on home ownerships and REITs as investments
  • If you should invest in foreign bonds


Click here to get full access to our show notes.

Oct 23, 2016
TIP 108 : The Outsiders - 8 CEOs w/ Huge Returns (Investing podcast)
00:46:38

In this episode, we read William Thorndike's book, The Outsiders. The book talks about eight CEOs that had radically high returns and how they achieved such results.


This episode covers the following topics:

  • Why you want the CEO to think more like a capital allocator than a traditional CEO
  • How the best capital allocators create arbitrage on their own stocks
  • How to use debt intelligently when growing your company
  • How and why the most profitable companies do not compete on price


Click here to get full access to our show notes.

Oct 16, 2016
TIP 107 : Jack Welch's book - Winning (Business Podcast)
00:42:18

In this episode, you will learn about the following ideas:

  • How to rise to the top of the corporate world
  • Why you should openly rank your employees and reward them accordingly
  • How to provide feedback for your boss
  • The one question you should ask to identify the best candidate for a job
  • Why you should implement Lean Six Sigma
  • Ask the Investors: How much money do I need to start investing?


Click here to get full access to our show notes.

Oct 09, 2016
TIP106 : Influence and Pre-Suasion w/ Dr. Robert Cialdini (Business Podcast)
00:32:32

In this episode, Preston and Stig interview the legendary Dr. Robert Cialdini. Dr. Cialdini is a New York Times Best Selling Author and is one of the leading researchers in the world for psychology and influence. In the interview, Dr. Cialdini talks about some of the new ideas found in his new book titled, Pre-Suasion. 


Click here to get full access to our show notes.

Oct 02, 2016
TIP 105 : Mastermind Group 2016 3rd Quarter (Business Podcast)
00:39:26

In this episode the Mastermind Group discusses various topics during the 3rd quarter 2016. 


Below are some of the ideas the group talks about:

  • How can the investor find a decent yield when so many asset classes are overvalued?
  • Why special situations might provide the best investing approach right now
  • If Humana is a profitable risk arbitrage investment right now
  • How you can generate a steady cash flow by selling put options in great businesses
  • If dollar cost averaging is a good investment strategy in the current market conditions
  • If QE causes a roaring stock market  


Click here to get full access to our show notes

Sep 25, 2016
TIP 104 : Billionaire Carl Icahn - A Rare Look Behind the Scenes w/ Mark Stevens, author of King Icahn (Business Podcast)
00:34:29

One of the most misunderstood celebrity investors in the world is Billionaire Carl Icahn. Luckily for our audience, our guest Mark Stevens was one of the few people to forge a relationship with the unique and un-empathetic investor.


In this episode you'll learn about:

  • What “greenmail” is and how Icahn basically got paid for not taking over companies
  • How to conduct an activist approach to investing
  • Why Carl Icahn always wins in a negotiation
  • If Carl Icahn is truly a bear in the current market conditions


Click here to get full access to our show notes.

Sep 18, 2016
TIP 103 : Life Inc. - Running your home finances like a business w/ Doug McCormick
00:43:10

In this episode, Preston and Stig talk to private equity expert, Doug McCormick, about using business principals to invest your family income. Doug provides some unique ways to think about spending one's time and treating it like an asset.


Click here to get full access to our show notes.

Sep 11, 2016
TIP 102 : Common Stocks & Uncommon Profits - A Discussion of Philip Fisher's Classic Book (Business Podcast)
00:50:14

Billionaire Warren Buffett said his investing approach is 85% Graham and 15% Fisher. Because of this quote, Preston and Stig read Philip Fisher's famous book, Common Stocks and Uncommon Profits. The book provides an interesting background on qualitative investing. Fisher's style is geared towards teaching the reader how to look for growth companies that promise expansion in their respective markets.  


Click here to get full access to our show notes.

Sep 04, 2016
TIP 101 : Creativity Inc. - by Pixar's Ed Catmull (Business Podcast)
00:44:08

In this episode, Preston and Stig read the book, Creativity Inc., by Ed Catmull. This was a fantastic book for anyone wanting to learn how to be more creative. Additionally, the book goes into great detail describing the important aspects of designing a business that will have an enduring competitive advantage. 


Click here to get full access to our show notes.

Aug 28, 2016
TIP 100 : Cold-Calling Our Audience and what we Learned Studying Billionaires for 100 Shows (Investment Podcast)
01:53:33

In Preston and Stig's 100th episode of The Investor's Podcast, they celebrate by cold calling a few members of their audience. The members of the community can ask any question they want in an unscripted and open format. Additionally, Preston and Stig talk about what their key take-aways were after studying billionaires and the market for 100 shows.


Click here to get full access to our show notes.

Aug 21, 2016
TIP 099 : Billionaire Jack Ma and Alibaba (Business Podcast)
00:41:16

In this episode, Preston and Stig learn about the Chinese billionaire Jack Ma. Jack is the founder of the internet company, Alibaba, which is the biggest internet company in Asia. His company has over 407 million users and quickly growing. Within the next five years, Alibaba may ship more packages per day than all the daily mail in the United States. Preston and Stig learn about Jack by reading Duncan Clark's new book, Alibaba. 


Click here to get full access to our show notes.

Aug 14, 2016
TIP 098 : The Power of Habit by Charles Duhigg (Business Podcast)
00:49:43

View the Show Notes for this episode Read reviews of, The Power of Habit, on Amazon In this episode, Preston and Stig talk about the New York Times best selling book, The Power of Habit, by Charles Duhigg. The book is an amazing opportunity to learn about your personal habits and how powerful they are at controlling your daily life. Once an individual recognizes which habits they want to reform, Charlies provides methods for re-programming your life.   


Click here to get full access to our show notes.

Aug 07, 2016
TIP 097 : China and the History of the Dollar (Business Podcast)
01:03:03

In this episode, Mr. Richard Duncan provides a detailed lesson about the history of the US dollar and the American trade deficit. As the episode progresses, the listener will learn how the US defaulted on the Bretton Woods agreement in 1971 and how that drastically impacted the difficult situations we face today. 


Links to Richard's books: The New Depression


Click here to get full access to our show notes.

Jul 31, 2016
TIP 096 : Billionaire Phil Knight & Nike - Shoe Dog (Business Podcast)
00:46:47

In this episode, Preston and Stig talk about Billionaire Phil Knight and how he founded Nike. They use the book, Shoe Dog, to gather a first-hand account of Phil's journey at starting the business. You will learn about the struggles and difficulties of starting a brand and a new business.  


Click here to get full access to our show notes.

Jul 24, 2016
TIP 095 : Billionaire Tony Hsieh's Book - Delivering Happiness at Zappos (Business Podcast)
00:45:27

In this episode, Preston and Stig talk about the most recent book they read, Delivering Happiness. This book was written by billionaire Tony Hsieh and it was one of the best books that Preston and Stig read in 2016.  


Click here to get full access to our show notes.

Jul 17, 2016
TIP 094 : Raoul Pal - Macro Economics and Global Risks (Investment Podcast)
00:42:30

In this episode, Preston and Stig talk to one of the most notable macro investors in the world, Raoul Pal. Raoul is the owner and CEO of Real Vision TV and he has interviewed some of the biggest names in finance. During this interview, Raoul talks about some of the biggest ideas he has heard from billionaire hedge fund managers and high net worth individuals. 


Click here to get full access to our show notes.

Jul 10, 2016
TIP 093 : BREXIT - The Financial Impact (Investment Podcast)
00:38:26

In this episode, Preston and Stig have a mastermind discussion about BREXIT with two close friends that live in the UK and Germany. The discussion centers around the potential of other countries leaving the EU and central banking. The group discusses the potential risks of more exits from the EU along with thoughts of other famous billionaires on the issue.


Click here to get full access to our show notes.

Jul 03, 2016
TIP 092 : Billionaire Lives w/ Navy SEAL for 30 Days - feat. Atlanta Hawks Owner, Jesse Itzler
00:44:26

In this episode, Preston and Stig interview the billionaire owner of the Atlanta Hawks, Jesse Itzler. Jesse discusses his experience of living with one of the most extreme athletes in the entire world for 30 days. Additionally, Jesse talks about being successful in business and his sale of Marquis Jet to Warren Buffett.


Click here to get full access to our show notes.

Jun 26, 2016
TIP 091 : Mastermind Group 2Q 2016 (Business Podcast)
01:03:18

In this episode of The Investor's Podcast, Preston and Stig join the members of their mastermind group to discuss a few hot topics. 


The topics discussed are the following:

  • The Value of Apple
  • The Value of Amazon
  • Mohnish Pabrai's new ETF
  • How to look at share buy backs  


Click here to get full access to our show notes.

Jun 19, 2016
TIP 090 : Jesse Felder's Macro & Micro Views on the Market (Stock Investing)
00:47:41

In this episode, Preston and Stig talk to billion dollar hedge fund manager, Jesse Felder. Jesse talks about the investing approach of a couple billionaires and he identifies some of the biggest risks to the current global economy. 


Click here to get full access to our show notes.

Jun 12, 2016
TIP 089 : Oil - A Bearish Opinion (Investment Podcast)
00:43:23

In this episode, Preston and Stig interview oil expert, Gail Tverberg about the current market conditions with oil and other commodities. If you're wanting to understand why the oil market might be heading lower, Gail provides some interesting arguments why low interest rates and government manipulation is causing major issues.


Click here to get full access to our show notes.

Jun 05, 2016
TIP 088 : The Intelligent Investor (Investment Podcast)
00:52:04

In this episode, Preston and Stig talk about Warren Buffett's favorite book, The Intelligent Investor. 


Click here to get full access to our show notes.

May 29, 2016
TIP 087 : Attending the Berkshire Hathaway Shareholder's Meeting (Business Podcast)
01:02:40

In this episode, Preston and Stig play the 5 best questions that were discussed during the Berkshire Hathaway Shareholder's Meeting. 


Click here to get full access to our show notes.

May 22, 2016
TIP 086 : Part II - Jack Schwager & Stock Market Wizards (Investment Podcast)
00:29:53

In this episode, you'll learn: 

  • Why you should always decide what your exit criteria is for a security before you get in
  • How to use fundamentals in trading
  • How to optimally measure the performance of your portfolio
  • Why traders in particular might want to use daily data to evaluate their strategy


Click here to get full access to our show notes.

May 15, 2016
TIP 085 : Jack Schwager & Stock Market Wizards (Money Podcast)
00:34:34

In this episode, Preston and Stig interview legendary investment author, Jack Schwager. Jack has written books about the best investors on the planet, and in this interview with us, he shares some of the most interesting people he has met. Jack talks about the most impressive investors and the scariest approaches he has written about. (remember, all the approaches resulted in fantastic results for the people implementing it)


Click here to get full access to our show notes.

May 08, 2016
TIP 084 : Billionaire Ted Turner's Story (Business Podcast)
00:36:50

In this episode, Preston and Stig read a book by Ted Turner titled "Call Me Ted". The book discusses the life and business adventures of the author. It provide a glimpse into the decisions and thought process of growing a billion dollar empire. 


Click here to get full access to our show notes.

May 01, 2016
TIP 083 : The First Billion is the Hardest by T Boone Pickens (Money Podcast)
00:47:17

In this episode, Preston and Stig discuss T Boone Pickens' book, "The First Billion is the hardest". Pickens is a oil Tycoon from Texas and his book outlines his life of business decisions and capital management. At the end of the show, The Investors answer three questions from the members of their audience.  


Click here to get full access to our show notes.

Apr 24, 2016
TIP 082 : Jim Rickards - The New Case for Gold (Investing Podcast)
00:40:11

In this episode of The Investor's Podcast, Preston & Stig have their second part interview with renown economist, Jim Rickards. In this episode, Jim talks about his book, The New Case for Gold. Jim shares his conversation with Ben Bernanke, what types of environments gold performs well, and when people need to be on the look-out for a down-turn in the economy.  


Click here to get full access to our show notes.

Apr 17, 2016
TIP 081: Jim Rickards - China, Banking, & The New Case for Gold (Part 1 of 2)
00:43:18

In this episode, Preston and Stig interview world renown economist Jim Rickards about his new book, The New Case for Gold. In the interview, Jim talks about people that have influenced his way of thinking, how global currencies work, the Chinese Yuan, the Japanese economy and many other topics.


Click here to get full access to our show notes.

Apr 10, 2016
TIP 080 : The Speed of Trust by Stephen Covey (Leadership Podcast)
00:33:55

Although everyone knows trust is important to the success of any organization, Stephen Covey takes the idea to a much deeper level. In Covey's book, The Speed of Trust, you'll learn how trust is an economic issue that revolves around the speed at which people and organizations operate. 

Apr 03, 2016
TIP 079 : The Effective Executive - by Peter Drucker (Business Podcast)
00:37:12

One of the key leadership books that billionaire Jeff Bezos recommends for all his employees is Peter Drucker's, The Effective Executive. In this episode Preston and Stig talk about the leadership lessons they learned from reading this book.


Click here to get full access to our show notes.

Mar 27, 2016
TIP 078 : Billionaire Moves in the Market & Negative Interest Rates (Business Podcast)
00:52:41

In this episode, the investors talk to author of the "Modern Monetary System" - investing expect Cullen Roche. Cullen talks about some of the different investments that billionaires are making in the current market conditions. Additionally, he has a discussion about negative interest rates and how the banking system fundamentally works.


Click here to get full access to our show notes.

Mar 20, 2016
TIP 077 : Billionaire Oprah Winfrey - What I Know for Sure (Investment Podcast)
00:50:10

In this episode of The Investor's Podcast, Preston and Stig read a book from Billionaire Oprah Winfrey. Although this episode isn't the typical accounting and financial talk, the information discussed might be some of the most important information a person needs to be successful in life.


Click here to get full access to our show notes.

Mar 12, 2016
TIP 076 : Mastermind Discussion 1Q 2016 (Investment Podcast)
00:48:19

In this episode, The Investor's Podcast mastermind group discusses a wide array of topics from oil, currencies, Japan, Warren Buffett's Shareholder Letters, and much more.


Click here to get full access to our show notes.

Mar 06, 2016
TIP 075 : The Davos World Economic Forum and The One Thing by Gary Keller (Business Podcast)
00:29:48

In this episode, Preston and Stig discuss the topics covered at the Davos World Economic Forum. Additionally, the investors discuss the book, The One Thing by Gary Keller.


Click here to get full access to our show notes.

Feb 28, 2016
TIP 074 : Billionaire George Soros - The Alchemy of Finance (Business Podcast)
00:35:21

In this episode, Preston and Stig review George Soro's book, The Alchemy of Finance. Additionally, The Investors discuss three questions from the audience at the end of the show.


Click here to get full access to our show notes.

Feb 21, 2016
TIP 073 : Billionaire Howard Marks - The Most Important Thing (Investing Podcast)
00:43:54

In this episode, Preston and Stig review billionaire Howard Marks' book, The Most Important Thing. 


Click here to get full access to our show notes.

Feb 15, 2016
TIP 072 : Creating a $10 Million Dollar Company by Age 24 - w/ Nathan Latka (Business Podcast)
00:54:39

In this episode, Preston and Stig interview multimillionaire Nathan Latka about creating your own assets. Nathan created a $10 million dollar company by the age of 24. 


Click here to get full access to our show notes.

Feb 07, 2016