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The Stacking Benjamins Show
Lobsters, Lincoln, and Financial Lessons (SB1578)
Sep 23, 2024
Megan Gorman, a wealth historian, shares her expertise on how U.S. presidents like FDR and Ulysses S. Grant approached finances. She reveals fascinating stories, such as FDR's ill-fated lobster investment and Grant's financial struggles, linking their decisions to modern financial lessons. The discussion also delves into ERISA's legacy, the political impact on investments, and travel anecdotes mixing humor with financial wisdom. Listeners get a blend of historical insights and practical advice for securing their financial futures.
01:24:40
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Quick takeaways
- Historical insights from presidents like FDR reveal that even influential figures faced financial challenges and invested in ambitious yet risky ventures.
- The impact of political leadership on investment returns highlights the importance of maintaining a consistent, non-political approach to investing for long-term growth.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode