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The Intrinsic Value Podcast - The Investor’s Podcast Network

MI Rewind: Contrarian Thinking w/ Codie Sanchez

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Business, Investing

4.6593 Ratings

🗓️ 23 September 2022

⏱️ 36 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: 05:44 - Why Codie thinks the saying "Money can't buy you happiness" is wrong. 15:14 - The importance of books in contrarian thinking. 19:44 - Why rental properties might be a dumb idea according to Codie. 23:41 - How Codie financed a laundromat deal that went viral on Twitter because it had a net of $67,000 when it only needed $100,000 to close. 36:16 - What the quote, “The world is the classroom, the school is the prison,” means. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Read the 9 Key Steps to Effective Personal Financial Management. Codie Sanchez’s Twitter Thread 10 Hard Truths About Getting Rich. Codie Sanchez’s free e-book 28 Passive Income Ideas. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Codie: Website | Twitter| LinkedIn  Connect with Robert: Website | Twitter | Instagram  HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!  Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP. On today's show, we continue to revisit some of my favorite

0:05.6

podcast from the past in this millennial investing rewind. If you've missed our previous

0:11.2

rewind episodes, we've started to reshare some older episodes that are my favorite for a few reasons.

0:18.1

One, we get a bunch of new listeners each week, so the new listeners may not

0:22.2

have heard this episode before. Two, even if you've been listening for a while, you may have

0:27.7

missed this episode when it originally came out. Or three, even if you've heard it before,

0:33.0

it can be a great episode to learn from again. If you've already heard this episode or you're not

0:37.8

interested in hearing it, feel free to just skip it. There's no harm in that, and you can pick up

0:42.0

with our new episodes next week. All right, guys, that's all I had for you for this new intro. Everything

0:48.0

going forward is going to be from the original show. Hope you guys enjoy it. On today's show, I talk with Cody Sanchez about where

0:58.2

her curiosity for becoming a contrarian came from, why rental properties might actually be a

1:03.0

dumb idea, her favorite ways of building cash flow with no money, and a bunch more.

1:08.5

Cody Sanchez is a reformed journalist turned institutional investor.

1:12.8

She is now a managing director and partner at Autarage Effect Capital. Since its inception

1:17.8

in the summer of 2014, EEC has deployed over $100 million into over 65 companies out of its two

1:25.2

dedicated funds and co-investments. Throughout her career, she has worked

1:29.2

at the intersection of marketing and money, finding contrarian ways to invest. She's always

1:34.0

balanced her profession with non-profit service to empower women, veterans, and Latinos.

1:39.3

All right, let's get into this week's episode with Cody Sanchez.

1:44.0

You're listening to Millennial Investing by the Investors Podcast Network,

1:48.5

where your host, Robert Leonard, interview successful entrepreneurs,

1:52.3

business leaders and investors to help educate and inspire the millennial generation.

...

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