My First Million #167 - Answering Your Questions On Investments, Businesses and Life
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Apr 5, 2021 Join the lively discussion as the hosts dive into their investment strategies, balancing risk and opportunity. They tackle intriguing questions like whether to hire friends and reflect on personal insecurities. Humor and candid insights flow as they explore the complexities of ambition through historical figures. Expect engaging tales about side hustles and community connections, along with tips for creating memorable networking events. It's a thought-provoking blend of personal experiences and practical advice that keeps you entertained!
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Sam Parr's Investment Strategy
- Invest the bulk of liquid net worth in public companies and index funds like the S&P 500.
- Diversify with angel investments, real estate, and potentially cryptocurrency.
Shaan Puri's Investment Philosophy
- Avoid holding excessive cash; invest it in assets like stocks, crypto, or angel investments.
- Consider real estate, but balance direct ownership with minimizing workload.
Chris Sacca's Twitter Bet
- Shaan Puri admires Chris Sacca's aggressive investment approach, particularly his large bet on Twitter.
- Sacca's success stemmed from identifying a winner (Twitter) and going all-in, demonstrating the importance of bold follow-on investments.