4.4 • 1.8K Ratings
🗓️ 4 May 2025
⏱️ 15 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Welcome to another episode of The Chicks on the Right podcast where we talk to our friend and sponsor of the show, Zach Abraham from Bullwork Capital Management. |
0:07.5 | Our team found the most interesting Reddit thread, which is where all interesting stuff is, right? |
0:13.5 | This is true. |
0:14.5 | This is true. |
0:16.3 | About money hoarding, where people who have plenty of money actually do like super, super |
0:25.7 | frugal things like take extra McDonald's ketchup packets home with them, who wear the same |
0:32.4 | pair of shoes that they've had for 10 years, et cetera. And this really stuck home for me, particularly because my parents |
0:39.0 | are immigrants from Poland. And they taught me frugality from a very early age. And my mom fits this |
0:48.3 | description to AT. Like, she is the person who saves aluminum foil that she has used. |
0:57.7 | Like if it didn't get, right? |
0:59.8 | Like if it didn't get any food on it from baking, then it's a clean piece of foil that |
1:04.6 | she'll use the next time around. |
1:06.2 | And it's not because they don't, they can't afford more foil. |
1:10.3 | They do fine. |
1:12.6 | But it is an interesting thing I think about immigrants who have had almost nothing. |
1:17.4 | And there's like this sort of innate kind of maybe fear that they don't even recognize that they might have nothing again. |
1:24.3 | Have you run into that with clients? |
1:26.8 | Oh, yeah. |
1:32.0 | And one of the one of the things I tell them, see, in our business, financially you're incentivized. And I'm not saying people do, |
1:38.6 | I mean, I'm sure they do, but financially you're incentivized to keep as much money of the persons |
1:42.3 | in the account, right? So the way we manage an account is we charge a percentage fee on. |
1:47.5 | And so technically speaking, if we're just looking out for ourselves, |
... |
Transcript will be available on the free plan in 28 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Radio America, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Radio America and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.