Millennial Investing - The Investor’s Podcast Network

MI Rewind: Studying Billionaires & Portfolio Allocation w/ Trey Lockerbie

Sep 13, 2024

01:02:04

Snipd AI

Trey Lockerbie, co-founder and CEO of Better Booch, shares insights on how his investment strategies have evolved amidst shifting macroeconomic conditions. He discusses analyzing opportunity costs between stocks and highlights his diverse asset class investments. Trey recounts his transition to podcast hosting, inspired by gratitude and mentorship from billionaires. The conversation also covers his journey of scaling a kombucha brand to target major retailers like Target and Costco, emphasizing the vital role of passion and reputation in business.

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Trey Lockerbie discusses how his investment strategy has evolved to adapt to macroeconomic changes and emerging asset classes.

The importance of capital allocation in business is highlighted, where qualitative decisions guide strategic resource distribution for growth.

Building a successful kombucha brand like Better Booch illustrates the necessity of resilience, market positioning, and strategic industry relationships.

Deep dives

Evolving Investment Strategies

Investment strategies have seen significant evolution over recent years, particularly in response to macroeconomic changes and technological advancements such as the rise of Bitcoin. The discussion highlights a shift from a purely quantitative approach to a more holistic view that includes qualitative assessments. For instance, various investment opportunities are evaluated based on personal experiences and recommendations from credible sources rather than solely relying on traditional screening methods. This adaptive strategy aims to maintain a diverse investment portfolio, balancing between necessity-driven assets like cryptocurrencies and traditional stocks.

Intro

2min

Evolving Investment Strategies

10min

Envisioning Tesla's Bright Future

5min

Investment Strategies in High Inflation

19min

A Journey from Gratitude to Podcasting

6min

Navigating Influences: Billionaires and Emerging Insights in Investing

3min

From Farmer's Market to Retail Giants: The Journey of Scaling a Kombucha Brand

4min

Balancing Business in Digital and Physical Realms

6min

The Power of Compounding Goodwill in Business Relationships

3min

Clay Finck chats with Trey Lockerbie about how his investment strategy has changed with the everchanging macro landscape, how he analyzes the opportunity cost between individual stocks, what asset classes he invests in, how he became the host of TIP’s flagship show, We Study Billionaires, how his kombucha company was able to get stocked at Target and Costco, how being an investor has made Trey a better businessman, and a whole lot more!

Trey Lockerbie is the co-founder and CEO of Better Booch, and previously the co-host of The Investor’s Podcast’s flagship show, We Study Billionaires.

IN THIS EPISODE, YOU’LL LEARN

00:00 - Intro

01:50 - How Trey’s investment strategy has changed with the everchanging macro landscape.

04:30 - How he analyzes the opportunity cost between two different individual stocks.

04:30 - What asset classes he invests in.

34:21 - What he'll be eyeing in the months ahead.

36:37 - How Trey became the host of We Study Billionaires.

51:48 - How his company was able to get stocked at Target and Costco.

53:53 - How being an investor has made Trey a better businessman.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Trey’s company, Better Booch.
Related episode: MI161: Building a Balanced Portfolio w/ Dan Rasmussen.
Related episode: MI135: Bitcoin is for Millennials w/ Preston Pysh.
Related episode: MI127: Life as a Podcast Host, Investing in FinTech, and Buying Rental Properties w/ Robert Leonard.
Check out the books mentioned in the podcast here.
Enjoy ad-free episodes when you subscribe to our Premium Feed.

NEW TO THE SHOW?

Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
Check out our Millennial Investing Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export