Sam’s +$10 Million Portfolio, Shaan's Money Philosophy and The Spending vs. Saving Paradox

My First Million

Hubspot

Investing, Entrepreneurship, Business

4.7 • 2.9K Ratings

🗓️ 20 July 2023

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Episode 476: Sam Parr (https://twitter.com/theSamParr) and Shaan Puri (https://twitter.com/ShaanVP) dive into Sam’s +$10m Financial Portfolio, Shaan shares his philosophy around money and they both explore the psychological barrier of spending money once you finally have it. Want to see more MFM? Subscribe to the MFM YouTube channel here. Check Out Sam's Stuff: • Hampton • Ideation Bootcamp • Copy That Check Out Shaan's Stuff: • Try Shepherd • Shaan's Personal Assistant System • Power Writing Course • Daily Newsletter ----- Show Notes: (0:00) Intro (3:00) Sam's Portfolio Review - Pt. 1 (13:00) Shaan’s Bad Investment Decisions (22:20) The F*cked Up Psychology of Spending Money (31:40) Wisdom > Smarts (35:00) Sam's Portfolio Review - Pt. 2 (40:30) Why Shaan Tracks His Portfolio Manually (42:30) Shaan's Money Mindset ------ Links: • Tiller: https://www.tillerhq.com/ • Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. ------ Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more. ----- Additional episodes you might enjoy: • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits • #209 Gary Vaynerchuk - Why NFTS Are the Future • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto • #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett • #218 - Why You Should Take a Think Week Like Bill Gates • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More

Transcript

Click on a timestamp to play from that location

0:00.0	As I like to say, I've lost more money than most people have ever made.
0:04.6	But I'm such a good investor that I've lost more money than you can dream of making.
0:11.3	I feel like I could rule the world, I know I could be what I want to.
0:17.4	I put my all in it like no days, all on a road.
0:21.0	Let's travel.
0:22.0	What's going on in New York headed back to Austin tomorrow, but I'm good.
0:26.7	How are you?
0:27.7	I'm great.
0:28.7	I'm stationary where I was am and not moving anywhere.
0:32.9	What did you say?
0:33.9	You tweeted out.
0:34.9	You said, I'll be an L.A.
0:35.9	Who's up?
0:36.9	Or what did you say?
0:37.9	I said knock knock who's there.
0:38.9	Knock knock who's there.
0:41.3	You also said, you're looking for a cold plunge that you can buy that doesn't require you
0:46.1	to post on Instagram.
0:47.5	Yeah.
0:48.5	I can't tell.
0:49.5	We don't seem to have the fun all the way.
0:50.5	To do this.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Hubspot, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Hubspot and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.