The Big Short Michael Burry's New Investment, The NFT Kryptonite, and The Entitlement Mindset That Will Destroy Your Wealth | Money Moves
Millionaire Mindcast
Matt Aitchison
4.8 • 721 Ratings
🗓️ 7 September 2022
⏱️ 61 minutes
🧾️ Download transcript
Summary
In this episode of Millionaire Mindcast, the dynamic duo is back. Matty A and Ryan Breedwell jump into this past week's updates on world news, real estate, and market updates, The big short Michael Burry's new investments, the NFT kryptonite, and the entitlement mindset that will destroy your wealth. This and more on today's episode. So tune in and enjoy!
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Transcript
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| 0:00.0 | Yeah, so right now we've got Bank of America launching a mortgage option for black and Hispanic first-time home buyers offering no down payments, no closing costs, and no minimum credit score. |
| 0:12.1 | I'm not against a program that helps people by any means. |
| 0:15.3 | Yeah, I mean, their thing is, you know, obviously I think there's some wokeness to this particular product. |
| 0:20.4 | And at the end of the day |
| 0:21.5 | they're trying to help |
| 0:23.6 | what they believe is the home ownership |
| 0:25.4 | gap. The issue is |
| 0:27.1 | if you don't equip people |
| 0:28.6 | with the proper tools and resources |
| 0:30.9 | to solve the root of the problem |
| 0:33.0 | in the first place, |
| 0:34.3 | then that's not going to |
| 0:36.2 | solve any problems. Ultimately, it's going to create another |
| 0:39.1 | bubble. What's going on, guys? Welcome into Money Moves, where we cover all things, |
| 0:49.8 | stocks, real estate, investing, and personal finance. is labor day september labor fifth |
| 0:56.0 | laboring i was kind of looking back into the history a little bit of uh labor day and i mean |
| 1:02.2 | it's basically as as simple as it sounds originally designed to honor workers as part of the |
| 1:08.8 | american organized labor movement. |
| 1:12.0 | Obviously, this was back when a lot of people were fighting for fair working conditions. |
| 1:17.3 | And when you think about all of what America has created and built. |
| 1:24.0 | The short amount of time. |
| 1:25.2 | Yeah, I mean, we are, I don't know if we're, the most, the youngest. |
... |
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