304: Christian Angermayer on Making Psychedelics Legal, Effective & Profitable

Invest Like a Boss

Sam Marks Johnny FD Derek Spartz

Investing, Business

4.8 • 518 Ratings

🗓️ 20 September 2024

⏱️ 86 minutes

🔗️ Recording | iTunes | RSS

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Summary

ATAI Life Sciences & Compass Pathways Co-Founder Christian Angermayer joins the show to talk about the roadblocks to getting psychedelics legal in the US and the best way to effectively treat mental health with them. Christian has been making waves recently after appearing on Joe Rogan, and has the backing of Peter Thiel. We've been talking alot about the potential of psychedelics in the past year, and after the FDA's recent disappointing decision... Christian tells us why it may not be all bad news. Sam handles the interview with Christian and then Derek hops in with Sam to talk about their interest in this investment.

The views and opinions expressed by Christian Angermayer in this episode are his own and do not necessarily represent those of atai Life Sciences.

Discussed:

Where we are:

Johnny FD – Kyiv, Ukraine / IG @johnnyfdj
Sam Marks - Bangkok, Thailand / IG @sammarks12
Derek – Los Angeles, USA / IG @DerekRadio

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Time Stamp:

00:21 - Sam/Derek Intro
06:09 - Interview with Christian Begins
32:00 - Why FDA Approval is Taking So Long
57:07 - The State of Psychedelic Stocks
01:08:13 - Sam/Derek Outro - Would They Invest

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Transcript

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0:00.0	Welcome to the Invest Like a Boss podcast. I'm Sam Marks. I'm Derek Sparts. And I'm Johnny F.D.
0:05.5	We're self-made entrepreneurs who invest our own money and use modern technology to invest like a boss.
0:10.1	Join us each week for exclusive interviews with our network of modern investors, business owners, and multimillionaires to discover new ways to invest our hard-earned cash.
0:20.2	What is our bosses?
0:21.4	Episode 304 of the Invest Like a Boss podcast.
0:24.7	My name is Derek Sparts.
0:25.7	I got Sam Marks on the other end,
0:27.2	and we're going to keep this short
0:28.2	because we have an amazing guest on this podcast,
0:31.7	and this is how it all ties in together.
0:33.6	So Matt Buckley came on the show.
0:36.9	Sam did an awesome interview. Let me get the episode number for you guys. If you haven't listened to that. It's 294. How can you forget?
0:44.9	294, Matthew Wiz Buckley. It's been the most profitable episode probably in the last year or two. I would say comfortably for you and I, Derek. Don't you agree? I'm going to agree with that. So a couple
0:55.6	things came out of that. First of all, Matt told us about options and he's like, why aren't you
0:59.7	guys doing options? And Sam and I actually got the motivation to like sit down and learn them and
1:05.7	figure them out. And it's been going very well. And we will do an episode soon, I promise, on options.
1:13.8	Derek, I think Matt was physically ill when he realized how much money, and I was too, how much money that I'd left
1:19.6	on the table over the last decade by just sitting on my stock portfolio and not trading options.
1:26.0	But now it's real because if I'm seeing what your options got you,
1:31.4	Sam got a sick, sick apartment.
1:34.7	Yeah, I'm enjoying it.
1:36.3	I'm enjoying it.
	...

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