Scott Phillips, TMF Analyst, discusses five ASX shares to watch: Betashares NASDAQ 100 ETF (ASX:NDQ), Kogan.com Ltd (ASX: KGN), Adore Beauty Ltd (ASX: ABY), Washington H. Soul Pattinson & Co. Ltd (ASX: SOL), and Corporate Travel Management Ltd (ASX: CTD). Topics include the impact of AI on investing, the origin of Motley Fool, Corporate Travel Management's response to COVID-19, and the importance of long-term focus in investing.

Scott Phillips, Chief Investment Officer at Templeton and Phillips Capital Management, discusses the investment lessons he learned from studying Sir John Templeton's career. They cover the importance of independent thinking, teaching children about money, generating excess returns, diversifying away from the dollar, investing in China, and shorting market bubbles. They also explore Templeton's upbringing, contrarian investing approach, and recognizing irrational optimism.

Scott Phillips, Chief Investment Officer at Motley Fool Australia, shares his investing wisdom on building wealth. He emphasizes starting small, suggesting that investing just $20 a week could lead to significant gains by 2025. The conversation highlights smart strategies like maximizing superannuation and understanding shares and ETFs. Scott also discusses budgeting and the importance of having informed guidance from financial advisors to navigate potential pitfalls. It’s a practical guide for anyone eager to kickstart their financial journey this year.