The Best Investment Advice No One Listens To

BigDeal

Codie Sanchez

Business, Marketing, Investing, Entrepreneurship

4.9 • 972 Ratings

🗓️ 12 February 2026

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

Most people think getting rich is about saving harder or finding the next hot stock. It's not. It's about owning things. After 15 years on Wall Street, I learned the hard way that the wealthy don't get there by trading time for money or chasing tickers. They build ownership in boring, cash-flowing businesses that most people overlook. In this episode, I break down the exact investment framework I use today: just three categories I actually care about, why I ignore single stocks and hot tips, and how private business ownership became my unfair advantage. We dive into why Buffett doubled his money at 20% per year while the S&P did half that, why leverage magnifies your mistakes more than your wins, and why volatility isn't risk — not knowing what you're doing is. But this isn't theory. It's applied finance from the trenches. You'll learn:• Why the market is more concentrated and leveraged than almost any point in modern history• How to think like Buffett: buy businesses, not price movements• Why inflation and AI are quietly eating your W2 income while you sleep• The difference between speculation and actual investing (and why most people confuse the two)• How one woman bought six pack-and-ship stores while keeping her tech job• Why Charlie Munger said the best businesses don't require you to be a genius to run them• The three types of risk in every deal: product, market, and execution• How to negotiate by understanding the seller's incentives, not just your own• Why speed and ownership are the only real hedges against what's coming If you're tired of watching your salary get chipped away by inflation, or if you've ever wondered how people actually build wealth without a finance degree or a trust fund, this episode will change how you think about money, ownership, and what it actually takes to win in 2026. Also hi I’m Codie and I run an investment and advisory firm that helps you buy and build businesses. Every year we do one 3 day virtual workshop to help you find, finance and learn to do deals live. Come learn what Wall Street (and your boss or competitors) hope you never learn: https://contrarianthinking.biz/MSML_BDYT26 ___________ 00:00:00 Introduction 00:00:22 The Three-Investment Portfolio: Why Less Is More 00:00:59 Buffett's 5.5 Million Percent Return: The Power of Selectivity 00:01:45 The 2026 Market Warning: Debt, AI Valuations, and Leverage Risk 00:03:40 Volatility Is Not Risk: Risk Is Not Knowing What You're Doing 00:07:43 The Asset Ownership Race With AI: Own the Farm or Be the Donkey 00:09:10 Main Street Millionaire Live: Your Path to Business Ownership 00:10:16 Build Durable Advantages: Moats, Brands, and Networks That Protect Profits 00:10:39 Nui's Story: From Big Tech to Six Pack and Ship Stores 00:14:20 Charlie Munger on Simple Business Models: Take a Simple Idea Seriously 00:15:30 The Three Risks Framework: Product, Market, and Execution 00:16:37 The Power of Incentives: Understanding What Drives Every Deal 00:18:13 Speed Wins: Why Moving Fast Makes You More Money 00:20:15 The Main Street Revolution: Your Generational Wealth Creation Event ___________ MORE FROM BIGDEAL 🎥 YouTube: https://www.youtube.com/@podcastbigdeal 📸 Instagram: https://www.instagram.com/bigdeal.podcast 📽️ TikTok: https://www.tiktok.com/@big.deal.pod MORE FROM CODIE SANCHEZ 🎥 YouTube: https://www.youtube.com/@codiesanchezct 📸 Instagram: https://www.instagram.com/codiesanchez 📽️ TikTok: https://www.tiktok.com/@realcodiesanchez OTHER THINGS WE DO 🌐 Our community: https://contrarianthinking.typeform.com/to/WBztXXID 📰 Free newsletter: https://contrarianthinking.biz/3XWLlZp 📚 Biz buying course: https://contrarianthinking.biz/3NhjGgN 🏠 Resibrands: https://resibrands.com/ 💰 CT Capital: https://contrarianthinking.biz/4eRyGOk 🏦 Main St Hold Co: https://contrarianthinking.biz/3YfGa8u Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	If you want to make your first or next million fast, you do not obsess over savings. I mean,
0:04.9	the rich, they actually think completely different than us. They have better decision making.
0:08.8	And it's not always sexy or sophisticated, but it is a secret. So today, we're going to give you
0:13.9	their secret in this market today. Welcome back to the Big Deal podcast. I'm Cody Sanchez.
0:18.8	Let's dive in.
0:27.6	I literally only have three investments I worry about. That's it, my business, mutual funds,
0:31.9	and equity in private businesses. I don't do single stocks. I don't mess around with gold.
0:39.9	I don't try to speculate on Bitcoin. And I do not need the hottest stock tip from your actually broke nephew who is day trading on Robin Hood. I do not worry about missing out on deals at all. Let me teach you the smartest things
0:46.2	I know about investing in less than 25 minutes. Lessons I learned at Goldman Sachs State Street
0:50.8	Vanguard so you can steal my homework and escape all the misery that went into
0:55.6	working in those three companies. If you're emotional about your money, you're going to lose.
0:59.8	Full stop. And in investing, there are no called strikes. You don't have to swing at everything.
1:05.0	You don't need to be right often. You just need to be right where it matters. That's what Buffett said,
1:09.9	greatest investor of our time. So since taking control of Berkshire Hathaway, if you don't know Buffett's backstory in
1:15.8	1965, he basically doubled his money continuously. And at roughly a 20% rate per year, he would
1:23.3	count compound. So that is twice the S&P 500. Over time, that difference, it ain't small. It's actually
1:30.2	everything. That's probably how Buffett turned his few pennies into roughly 5.5 million percent
1:36.7	return. The S&P, about 39,000 percent. So same country, same markets, totally different
1:43.9	mindset and way to go about it.
1:45.6	Now let's look at where we're going in 2026.
1:47.6	AI stocks are trading at record valuations.
1:50.0	In video alone is now worth more than all major U.S. and Canadian banks combined.
	...

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