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The Intrinsic Value Podcast - The Investor’s Podcast Network

MI070: Bitcoin, VTSAX, and Impact Investing with Carrie Rich (Investing Podcast)

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 9 December 2020

⏱️ 46 minutes

🧾️ Download transcript

Summary

BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Get daily content from Robert on Instagram @therobertleonard Get a FREE audiobook from Audible Bitcoin series with Pomp Bitcoin series with Preston Pysh VTSAX fund profile Check out The Global Good Fund John Bogle’s book The Little Book of Common Sense Investing Guy Spier’s book The Education of a Value Investor Saifedean Ammous’ book The Bitcoin Standard Ben Mezrich’s book Bitcoin Billionaires SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Read this episode’s transcript and full show notes on TIP. Connect with Carrie: Website | Twitter | LinkedIn 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 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

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0:00.0

You're listening to TIP. On today's show, I sit down with Carrie Rich to talk about impact investing,

0:07.0

a strategy that aims to make more conscious investment decisions that benefit the environment

0:12.3

and society as a whole. Carrie is the managing director of Global Impact Fund, a VC fund that

0:18.7

backs social entrepreneurs who are women and people of color. She is also

0:22.6

co-founder of the Global Good Fund, which helps develop young leaders through financial investments

0:27.6

and leadership training. Everyone listening to the show is probably the type of person who wants

0:33.3

to attain some sort of financial security through investing. I know I am.

0:42.4

And that's a great personal goal, but we can't really deny that some things are changing.

0:48.9

We're experiencing issues in regards to the environment, society, and governance, not just in the U.S., but globally.

0:50.1

I'm happy to chat with Kerry to understand how we can still invest in great companies while

0:54.7

being socially responsible and making a positive impact in the world.

0:58.6

Before we get into today's interview with Carrie Rich, I'm going to take some time at the

1:03.0

beginning of the episode to answer your questions.

1:06.3

I'm super active on Instagram, and if you guys don't follow me already, you can follow me at

1:10.1

the Robert Leonard. The other day, I took a Q&A on my Instagram stories, and I got over 50 questions from you guys. I get questions in emails all the time, and then in our Facebook group, there's a bunch of questions. So I just want to take some time, answer some questions, do some Q&A with you guys. I know there's a lot of different questions

1:27.9

coming in. I want to take some time and include those in the podcast. I usually answer them

1:32.1

via email or Instagram or however I receive the questions, but I thought it would be good to

1:36.9

record the questions and my answers in audio form and also include it here in the podcast.

1:41.7

So before we get into the interview with Carrie Rich,

1:46.0

I'm going to answer some questions,

2:00.1

some of the most popular questions that I get from you guys. And I plan to start doing this more. So if you guys like it, let me know what you think. Send me a DM on Instagram and let me know if you like this being added to the shows. If you don't like it, just want to hear your general thoughts. I want to be able to put out more content that you guys enjoy. So be sure to let me know what you guys think.

2:03.6

And one last thing before we jump into the show is one of my favorite entrepreneurs. His name is Andy Fricela. He can be polarizing. So he's not for everybody. But for me personally, I like a lot of his content. I like what he's done with his businesses. And I'm big in the fitness space. So I align well with him and his businesses since he is a fitness entrepreneur.

...

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