The Iced Coffee Hour

Money Expert: Exactly How To Make $1,000,000 From NOTHING! | Sahil Bloom

136 snips
Sep 28, 2025
Sahil Bloom, a New York Times bestselling author and former private equity professional, dives deep into wealth creation and personal finance. He discusses the complexities of mega wealth and its impact on happiness, encourages defining your financial goals, and emphasizes cash flow over headline wealth. Sahil reveals insights from his Wall Street experiences and the rising influence of AI on small businesses. He also critiques hustle culture and advocates for frugality in your 20s as a pathway to future freedom.
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INSIGHT

Mega Wealth Creates New Problems

  • Sahil argues that 'mega rich' creates unique problems and often reduces wellbeing despite solving money needs.
  • Design your life purposefully so wealth doesn't become a source of new suffering.
ADVICE

Start With "What Is The Money For?"

  • Ask yourself continuously: "What is the money for?" before chasing more wealth.
  • Design the life you want now so money becomes a means, not the end.
INSIGHT

Investing Often Beats Hourly Work

  • Investing decisions can have astronomical hourly returns when they compound or get liquid.
  • Most casual traders cannot consistently beat efficient markets over multi-year horizons.
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