EP 163 - Overcoming Obstacles: Rich Dad Poor Dad Part 3
Pure Hustle Podcast
Pure Hustle Podcast
4.8 • 857 Ratings
🗓️ 5 July 2020
⏱️ 84 minutes
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| 0:00.0 | Welcome to P.O.S. Podcast. I'm Mike. And this is Orlando. No, episode 163. You can't even get through the intro. I'm just laughing because right before we started, I'm like, this is episode 163? I don't know. And I'm like, oh, well, let's just roll with it. |
| 0:22.6 | It's 163. |
| 0:23.9 | 163. |
| 0:24.4 | Anybody who's just listening for the first time is like, who are these guys? |
| 0:26.8 | And have turned us off already. |
| 0:28.2 | But I hope you didn't because we got a great episode for you today because we are doing |
| 0:31.7 | our final, the final section, the final review of our level up review, which is Rich Dad, Poor Dad. |
| 0:38.7 | And this has been a great book. It's been one of those books that's been inspiring to |
| 0:43.0 | like change the way I'm spending money because a lot of the principles like we've talked |
| 0:47.0 | about in the past are things that I've already learned. And it was kind of nice because when I was, |
| 0:52.5 | I don't know, I want to say I was like 21, 22 years old. |
| 0:56.0 | I ran across some YouTube videos that were all on value investing. |
| 0:59.8 | And it was like a whole series and it was basically teaching the Warren Buffett method and how |
| 1:03.9 | he learned from like Franklin Graham and just the way he kind of developed his wealth. And then it got me really interested in. I was like, |
| 1:12.6 | man, I want to learn more about Warren Buffett. So I started like reading a bunch of his essays and like his |
| 1:16.8 | biography and all of these things to kind of learn like how did money work. And so these are a lot of |
| 1:21.2 | principles, the idea of like buying assets and things that I was really into. In fact, I spent a |
| 1:26.0 | bunch of money early and I've actually pulled all of that out by now, |
| 1:29.0 | but, you know, using programs like a lending tree or lending club where you, you know, you buy |
| 1:34.8 | notes, which is like somebody else is getting a loan and you're basically buying like |
| 1:38.7 | a fraction of their loan and you get a percentage. |
| 1:41.1 | Oh, yeah. |
... |
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