TIP167: How The Mighty Fall by Jim Collins
Recorded | 2 December 2017
In today's show, we cover a book recommended by Amazon's Jeff Bezos, titled, How the Mighty Fall. The book's author, Jim Collins, is a New York Times Best Selling Author and a professor at Standford University. The book talks about the various phases a business goes through when declining in the market place. More importantly, the book address what needs to be done to self-correct the problems that are causing the issues.
TIP166: Mastermind Discussion 4Q 2017
Recorded | 25 November 2017
In today's show, we assemble the mastermind group to talk about four new stock ideas at the end of 2017. As usual, the group digs into each idea and provides counter-arguments and conclusions on the intrinsic value of each business. At the end of the episode, the group talks about Bitcoin & Bitcoin Cash.
TIP165: Tobias Carlisle & The Acquirer’s Multiple
Recorded | 18 November 2017
In today's show, we talk to Tobias Carlisle about his new book, The Acquirer's Multiple. The book explains how investors like Buffett, Icahn, and many others capture big stock market returns by filtering for companies with a low enterprise value compared to EBIT.
TIP164: Billionaire Ray Dalio’s Book: Principles
Recorded | 11 November 2017
Billionaire Ray Dalio is one of the biggest names in finance. He achieved this recognition due to Bridgewater Associate's stellar performance over numerous decades of operations. For instance, during the 2008 financial crisis, the US Stock market was down -50% and Dalio's Pure Alpha fund was up 9.4%. In this week's episode, we read Ray's new book, Principles. The book was recently released on Amazon in October, and it's quickly rose to numerous bestseller ranking.
TIP163: The Intrinsic Value of 3 Stocks
Recorded | 4 November 2017
In this episode, Preston and Stig dig around in the public markets to try and find a couple of value picks that are priced to perform. During the show, two of the stocks appear to have an intrinsic value that's 3 times higher than the S&P500, whereas the last pick is a great business, but priced for a horrible return.
TIP162 – Jesse Itzler, Mount Everest, & 2X World Record Holder Colin O’Brady
Recorded | 21 October 2017
In this episode, we have an in-depth discussion with serial entrepreneur, Jesse Itzler, about his newest venture, 29029. This event is an endurance challenge, where participants climb Stratton Mt., Vermont, 17 times within 48 hours. Climbing the mountain this many times produces a vertical climb of 29,029 feet (the same elevation as Mt. Everest). After talking about the event, Preston is joined with 2X World Record Holder, Colin O'Brady. Colin is the fastest human to ever go to the 7 continents and climb the 7 highest peaks.
Get ready to learn about mindset, grit, and total determination.
TIP161 – Warren Buffett & Charlie Munger w/ Roger Lowenstein
Recorded | 21 October 2017
In this episode, we have an in-depth discussion about Warren Buffett and the Federal Reserve with world renown author, Roger Lowenstein. During the interview, Roger provides interesting first-hand accounts of Charlie Munger and much more. Roger has published six books, and three have become New York Times Bestsellers. Get ready to hear a fascinating interview with one of the best business authors of our generation.
TIP160 – Bitcoin Mastermind Discussion w/ Charlie Lee and Tuur Demeester
Recorded | 7 October 2017
In this episode, we have an in-depth discussion about Bitcoin and upcoming changes to the protocol. Before we have this mastermind discussion with Charlie Lee and Tuur Demeester, Preston provides a monologue on the importance of understanding cryptocurrencies. Our two guests are some of the biggest names in the space. Charlie Lee is the founder of LiteCoin which is a digital cryptocurrency with a market capitalization of $3 billion dollars. Tuur Demeester is one of the first crypto writers and invested in Bitcoin when it was only $2 a coin.
TIP159 – Billionaire Michael Jordan w/ Roland Lazenby
Recorded | 7 October 2017
In this week’s episode, Preston and Stig talk about one of the most influential sports stars of all time: Michael Jordan. Jordan not only changed the game on the court, but he also changed the game for sporting apparel. For this episode, the best selling author of Michael Jordan's autobiography, Roland Lazenby, joins Preston and Stig to talk about his life. You'll learn about what makes Jordan tick and also how his deals with Nike went down.
TIP158 – Artificial Intelligence & The Rise of Robots w/ Martin Ford
Recorded | 30 September 2017
In this week’s episode, Martin Ford joins Preston and Stig for an interesting discussion about Artificial Intelligence (AI). Martin is the New York Times Best Selling author of the book, Rise of the Robots. He is an expert on deep learning neural networks and machine learning. During the discussion, we also talk about AI's potential impact on the economy and labor market.
