David Chilton

This week's conversation was especially fun. I have a long history with my guest, Dave Chilton, but this was the first time we'd met in person. I'd heard stories about him from people I work with for twenty years, so getting to finally spend time with him was a real treat. I'll let him reveal the connection. This episode will also be fun for listeners in the US, as Dave is one of the best-known people in Canada because of his famous book the wealthy barber and his more recent stint as a dragon on Dragon’s Den, which is Canada's version of shark tank. I called this episode the human blitzkrieg because of Dave's relentlessly positive style and curiosity. He has dabbled in many parts of the business and investing worlds. He is one of the most successful authors in history, has invested in dozens of interesting businesses, and is a Jedi master in the long-lost art of the phone conversation. We discuss business, investing, and writing. If you enjoy this conversation and have any aspirations as a writer, I highly recommend you check out the series of videos Dave and his son recently released called the Chilton method, which I will link in the show notes. I have no financial interest in this recommendation, and neither does Dave! He put it together in large part to stop people from calling him for advice. We discuss a few of the hundred plus lessons from his course in this conversation. As you'll be able to tell early and often, it is hard not to have a good time with Dave.   For comprehensive show notes on this episode go to http://investorfieldguide.com/chilton For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag

David Chilton, author of the bestseller The Wealthy Barber, discusses his updated book and shares timeless advice like 'pay yourself first' and the magic of compound interest. Leah Hendry reports on the rising trend of buying Canadian and the nuances of local procurement amid price debates. Danielle Nerman dives into Gen Z's 'vibe investing,' exploring how social media influences their choices, mixing ETFs with speculative stocks. Together, they unravel the complexities of modern investing and consumer habits.

David Chilton, bestselling author of The Wealthy Barber and former Dragons' Den personality, dives into the complexities of Canadian personal finance. He discusses the impacts of ultra-low interest rates on real estate prices and emphasizes the importance of the purchase price over short-term mortgage rates. Chilton also explores the behavioral effects of easy credit, the challenges facing first-time move-up buyers, and how rising costs affect the housing market. Plus, he shares fresh saving strategies from his updated book.