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The Intrinsic Value Podcast - The Investor’s Podcast Network

REI186: The Power of Zigging While Others Zag w/ The Duke of Dirt

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 5 June 2023

⏱️ 64 minutes

🧾️ Download transcript

Summary

Patrick Donley sits down with sports agent turned real estate investor, The Duke of Dirt. You’ll learn what the Duke learned growing up with a Super Bowl-winning football father, how he took control of his own learning, his thoughts on getting an MBA, the dangers of following conventional wisdom, and what his current plan is as he moves away from the W-2 world into real estate entrepreneurship. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 03:35 - What The Duke learned growing up as the son of a highly successful football coach. 04:54 - What he learned from Nick Saban and Chip Kelly. 14:30 - What it was like working as a sports agent representing football coaches. 15:36 - How he transitioned to real estate while getting his MBA. 15:36 - His thoughts on higher education. 20:38 - How he took control of his own learning and the sources he turned to. 29:46 - The dangers of following conventional wisdom. 30:03 - How to navigate going out on your own. 32:01 - His current real estate strategy he’s implementing. 41:58 - His experience with Twitter and writing high-quality threads. 51:42 - The commonalities of successful real estate investors. 52:39 - How anyone can benefit from writing regularly. 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. The Obstacle is the Way by Ryan Holiday. Mose Kagan’s blog. Am I Being Too Subtle by Sam Zell. What it Takes by Stephen Schwarzman. Risk Game by Francis Greenburger. Endurance by Alfred Lansing. Related Episode: Listen to REI180: The Intersection of Education and Real Estate w/ Kevin Clark, or watch the video. Related Episode: Listen to REI182: Escaping His 9 to 5 w/ Raleigh Williams, or watch the video. Related Episode: Listen to REI179: Resilience and Triumph w/ AJ Osbourne, or watch the video. 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 Patrick (@jpatrickdonley): Twitter Connect with The Duke of Dirt: Website | Twitter 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.

0:02.2

There's one that every single one of these people has.

0:05.7

It is they have a tremendous belief in themselves to accomplish what many thought they could not accomplish.

0:13.5

It starts with you.

0:15.3

If you don't believe truly about what you can do, I mean, I'm not going to say it's not

0:20.4

going to happen, but these people

0:21.3

don't exit with that quality. When you look at Stephen Ross, who he was working for a company, he was fired from his job because he went out with his boss one night and, I don't know, punched him. He went out the next day and said, I can do this better than you. And guess what? He did. So he, obviously he had some help.

0:38.5

He had his uncle, but these people really truly believe in them. I can do this better than you. And guess what? He did. So he, obviously, he had some help.

0:38.5

He had his uncle, but these people really truly believe in themselves.

0:45.2

Hey, everybody. In this week's episode, I got to sit down with sports agent turned real estate

0:49.8

investor, the Duke of Dirt. You'll learn what the Duke learned growing up with a Super Bowl-winning

0:54.6

football father, how he took control of his own learning and his thoughts on getting an MBA,

0:59.3

the dangers of following conventional wisdom, and what his current plan is as he moves away

1:03.9

from the W-2 world into real estate entrepreneurship. The Duke is looking to acquire

1:08.7

multifamily assets in the suburbs of a Tier 1 city, and on Twitter,

1:12.7

he is known for writing threads on lessons learned from the foremost leaders in the real estate

1:16.5

industry and has put countless hours of research into his threads. The Duke and I covered a ton of

1:22.1

territory in this episode. I really enjoyed learning what it was like growing up with a father

1:26.3

that coached with Nick Sabin from Alabama

1:28.2

and who later won a Super Bowl trophy, what the Duke's top takeaways from his outstanding Twitter threads have been,

1:34.2

and what his strategy is as he navigates the world of real estate entrepreneurship.

1:38.7

And so, without further delay, let's get into this week's episode with the Duke of Dirt.

...

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