11 Financial Lessons Learned from "The Last Dance" (Michael Jordan Doc)

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.7 • 3.1K Ratings

🗓️ 15 May 2020

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

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Summary

Michael Jordan lead the Chicago Bulls to legendary success throughout the 90s. We were so excited to watch the new ESPN documentary called "The Last Dance," as it chronicles the rise and fall of this great team. While we were geeking out of Jordan's incredible story, we realized this doc is chock full of valuable financial lessons that apply to your personal finances. Join us as we reminisce about the Bulls' golden years and learn from their successes - and failures. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	11 financial lessons learned from the last dance.
0:05.0	It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,
0:12.0	investing, taxing.
0:13.8	You've got financial questions, he's got financial answers.
0:17.4	It's Brian Preston, the money guy.
0:21.0	Brian, I'm so excited about this because you know, I don't generally watch a lot of TV,
0:26.0	but this whole coronavirus COVID thing has caused me my wife.
0:29.9	We can't go out to dinners as often.
0:31.8	We can't do that kind of stuff.
0:32.8	So we've been watching TV.
0:33.8	So we've watched a few documentaries and this Tiger King was the one that we started
0:39.3	with.
0:40.3	And this MJ document, because I kind of remember as a child, a little bit about MJ.
0:45.8	I don't remember like a ton because I wasn't watching the NBA back then.
0:50.5	So it's been wonderful for me to see what was happening in the 90s through this MJ
0:56.0	reign.
0:57.0	So let's start this off with some controversy.
0:59.8	Oh, okay.
1:01.3	Because I've had this debate, you know, with my guys at the gym because they're all younger.
1:07.6	LeBron or Jordan, and I think everybody who, because we all have recency bias.
1:13.3	By the way, we've done shows on recency bias and financial.
1:17.0	That's a whole other topic.
	...

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