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Wealthy Way

I Asked Tony Robbins How to Go From Broke to Billionaire

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.82.1K Ratings

🗓️ 26 January 2024

⏱️ 49 minutes

🧾️ Download transcript

Summary

Welcome to the Wealthy Way podcast, where we Ryan Pineda is thrilled to host the legendary Tony Robbins!
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Want to be coached by me on real estate investing? Join our Wealthy Investor program today at https://wealthyinvestor.com/podcast
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Connect with Tony!
Instagram - https://www.instagram.com/tonyrobbins/
Pre-order Tony's upcoming book - https://theholygrailofinvesting.com/
Check out Tony's podcast here: @TonyRobbinsLive
Attend Tony's free virtual event here - https://timetorisesummit.com/join-now?utm_source=instragram&utm_medium=social&utm_campaign=Time%20to%20Rise%20Summit

Tony, renowned for interviewing the world's wealthiest investors, has identified four common traits among them:

1. Their primary focus isn't on avoiding losses, recognizing that assets can depreciate overnight. Instead, they concentrate on safeguarding their wealth through the following three principles.

2. The most successful investors employ strategic asset allocation, balancing investments between risky and low-risk options.

3. Top-tier investors prioritize asymmetrical risk and reward, strategically opting for moves that minimize risk while maximizing potential rewards.

4. Successful investors diversify across various asset classes, countries, denominations, and time frames.

In a conversation with Ryan about the best strategy for beginners in their wealth-building journey, Tony challenges the notion of specialization over diversification. He contends that by identifying 8-12 uncorrelated investments with genuine belief, beginners can reduce risk by 80% and increase their upside potential.

A forthcoming law aims to redefine accredited investors, broadening investment opportunities beyond traditional eligibility criteria. This legislative change inspired Tony Robbins to pen his third book, aspiring to open doors for a broader audience to access these lucrative investment opportunities.

With 46 years of experience, Tony shares insights into his enduring success in both education and events. He attributes his longevity to a simple yet powerful principle: delivering results beyond expectations. According to Tony, your reputation precedes you, and people will recognize your greatness through word of mouth.

Tony Robbins is driven by a passion for witnessing others achieve their highest potential. He continually learns from the world's best individuals, generously sharing their habits, investment strategies, mindsets, and more.

In Tony's view, the most valuable trait one can possess is hunger. Recognizing Ryan's hunger for growth, Tony eagerly anticipates witnessing Ryan's evolution in the years to come!

Transcript

Click on a timestamp to play from that location

0:00.0

I have access to the most successful investors in the history of the world quite literally.

0:03.8

I got obsessed with knowing what is the pathway what are the asset allocations for the most

0:08.3

successful financial investors in the world how do I take the least amount of risk for the most amount of possible

0:14.0

upside? If you can find 8 to 12, you reduce your risk by 80% and you increase your

0:20.6

upsides. But what about the people who don't have anything to lose?

0:24.3

You can't diversify zero.

0:25.8

So what do they do?

0:27.0

When I interviewed everybody from Ray Dahlia or Carl ICON,

0:29.8

Moore Buffett, they all invest in different ways.

0:31.4

But they had four things in common, and first of their core four that everyone agreed on was it.

0:37.0

What's up? Wealth Bitters today. We are virtual. I haven't done a virtual podcast in a couple of years but I had to get the opportunity

0:45.0

to make this one happen.

0:46.9

This man needs no introduction.

0:49.0

He has a brand new book, the third book in this trilogy of just making money and investing, and this guy is a legend.

0:57.0

He's been around so long that I just am so excited for this interview.

1:00.6

I've got Tony Robbins. What's up Tony? How are you brother? Nice to see you. Yeah, thank you for coming on. Well, dude, I know our time's limited so I want to hop right into it. Everyone knows who you are. You got this book, Holy

1:14.7

Grail of Investing coming out. Why? Why another book? Well it's interesting. I didn't

1:19.5

intend to do a trilogy of any sort, but you know in 2008 happened and I had my billionaire clients

1:26.1

and my barber. I mean everybody was affected and I know some of the people probably watch

1:30.0

a broadcaster, people that are entrepreneurs and they remember those days

1:33.8

and how difficult they were and what made me crazy is I've been coaching

1:37.4

Paul Tudor Jones one of the top ten traders in the history of the world for 25

...

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