In this episode, Preston and Stig learn about the Chinese billionaire Jack Ma. Jack is the founder of the internet company, Alibaba, which is the biggest internet company in Asia. His company has over 407 million users and quickly growing. Within the next five years, Alibaba may ship more packages per day than all the daily mail in the United States. Preston and Stig learn about Jack by reading Duncan Clark's new book, Alibaba.
TIP098: The Power of Habit by Charles Duhigg
In this episode of The Investor's Podcast, Preston and Stig read Charles Duhigg’s book, The Power of Habits. The book provides some of the tools that could engender habits so much that they become subconscious behavior. After a few weeks of testing it out, Preston and Stig were overwhelmingly surprised at how effective this book in bringing real change into their lives.
TIP097: China and the History of the US Dollar w/ Richard Duncan
In this episode, Mr. Richard Duncan provides a detailed lesson about the history of the US dollar and the American trade deficit. As the episode progresses, the listener will learn how the US defaulted on the Bretton Woods agreement in 1971 and how that drastically impacted the difficult situations we face today.