The Intrinsic Value Podcast - The Investor’s Podcast Network cover image

MI Rewind: Building a Business from Scratch & Budgeting Insights w/ Jesse Mecham

The Intrinsic Value Podcast - The Investor’s Podcast Network

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How to Stay Competitive in a Market

I used to follow really standard advice like have as many percentage of bonds that are your age, right? So if you're 20, you should have 20% bonds, 80% stocks. And then I realized that my risk was all in my business. Like, I actually hold like 99% equities, really and it's all in one company. It's extremely risky. Someone might look at your portfolio and say, Jesse is very conservative with his finances. He's such a crazy guy with all this high inflation and everything. But when looking at the big picture... Yeah, it's super important to get into someone else's financial situation."

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