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Animal Spirits Podcast

BLOG POST: How I Invest My Money

Animal Spirits Podcast

The Compound

Business News, News, Investing, Business

4.72.1K Ratings

🗓️ 14 November 2020

⏱️ 6 minutes

🧾️ Download transcript

Summary

Ben and I are trying something new. Once or twice a week we're going to read a blog post and drop it in Animal Spirits. If you like it, we'll keep going, if not, we'll stop. The first post from Michael was inspired by Josh Brown and Brian Portnoy's new book "How I Invest My Money" Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Why are you seeing a new Animal Spirits podcast on a Saturday morning?

0:05.0

Ben and I are trying something new. Once or twice a week we're going to read a blog post that we think you'll enjoy.

0:10.0

If we get good feedback, we'll keep going. If you're not into it, we'll stop.

0:14.0

This first post was inspired by Josh Brad and Brian Portoise new book,

0:18.0

How I Invest My Money. In this episode, I will share how I invest my money.

0:22.0

Enjoy.

0:26.8

What would you do if this is your house? I asked my gardener this question a few weeks ago.

0:31.1

I needed some work done and he provided me with three different

0:34.5

options, but I wasn't interested in learning about the intricacies of how different lines

0:39.0

will be put down under my grass. I wanted to know the bottom line. What would you do if this is your house?

0:44.8

Opinions are everywhere in the financial services industry. You can have the same person say

0:49.7

one thing on TV on Monday and a completely different thing on Wednesday and that's

0:53.8

okay people are allowed to change their minds but I don't care about your opinion I have

0:57.6

my own what I want to know is how do you actually invest are you making

1:01.6

decisions with your own money based on what you just said?

1:04.1

Nasin Talib, the most famous deadlifter in all of finance, once wrote,

1:09.2

Don't tell me what you think. Tell me what you have in your portfolio. Well, thanks to Josh Brown and Brian Portnoy,

1:16.4

we're going to get some answers. In a new book, How I Invest My Money, Josh and Brian

1:21.8

delivered to the audience, not opinions, but actual portfolios.

1:26.1

They got some of my favorite writers and investors in the financial services industry to write a chapter

1:30.4

about how they invest their money, Christine Bens, Taiwan Ross, and Perth Toll, just to name a few.

1:36.2

Today, I want to share with you how I invest my money.

...

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