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The Jesse Mecham Show

221 - Interview with Author of "Odds On" Matt Hall

The Jesse Mecham Show

YNAB

Kids & Family, Education

4.71.1K Ratings

🗓️ 25 April 2016

⏱️ 26 minutes

🧾️ Download transcript

Summary

I talk with evidence-based investing advisor Matt Hall about, you guessed it, investing.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, Winebbers my name is Jesse Meekam, and this is podcast number 221 for why now.

0:14.0

Where we teach you four rules to help you stop living paycheck to paycheck, get out of debt and save

0:19.2

more money and after you save that money what inonation are you supposed to do with it?

0:24.0

What should you do with it? How do you become a mogul?

0:30.0

How do you invest? How do you put your money to work for you?

0:34.8

There's all I love reading investing books unless they repeat themselves over and over.

0:38.9

I just read one.

0:40.4

It's called Odds On and it's a memoir from Matt Hall. He's a financial advisor based out of San

0:45.5

Louis, Missouri and I interview him here on today's podcast and he has an interesting story

0:50.1

about starting in kind of the Wall Street brokerage arena, just kind of fresh wet behind the

0:56.2

years, realizes very quickly how backward it was.

1:00.6

And if you read books like Flash traders or The Big Short, you do realize that Wall Street makes a lot of money and a lot of times they make a lot of money on a lot of sheep.

1:15.0

And you can, yeah, you can end up spending more than you really want to.

1:20.0

It happens with 401k too.

1:22.0

Not at the one I'm 401k because I set that thing up with pristine

1:25.4

attention to detail and fees but for most you know you end up paying a lot of

1:30.0

fees and those fees are a lot of times hidden and it's scary to invest.

1:33.4

You don't even know what you're investing in sometimes and then you find out, oh gosh, there are fees and

1:36.4

all sorts of hidden things and what am I really getting into?

1:38.8

It can be scary.

1:39.5

So you read Matt's book, odds on, and it's just a great story.

1:45.0

It's easy. It's kind of a one, two hour read.

...

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