Today’s guest, Brian Portnoy, writes extensively on personal finance and investing. He has a new book out with Josh Brown entitled, "How I Invest My Money." It's a collection of 25 personal essays from financial advisers and experts, where they share the details of how they save, spend, and invest their own money.In this episode, Brian explores happiness, contentment, risk, indexing versus active management, behavioral finance, equities, bonds, and real estate. It's a fascinating look at something we don't often get a chance to explore the details of how experts in finance use money to get what they want out of life.IN THIS EPISODE, YOU'LL LEARN:Why we should “fix the goalposts”What it means to achieve “funded contentment”How wealth creates options for how to spend our timeWhy we should all define what wealth means to usHow to ”Plan with Purpose”BOOKS AND RESOURCESHow I Invest My Money by Brian Portnoy & Josh BrownThe Geometry of Wealth by Brian PortnoyAll of the HSA benefits. None of the hassle. Make the most of your health savings account with BendHSA.Capital One. This is Banking Reimagined. What’s in your wallet?Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.CONNECT WITH BRIAN PORTNOYBrian's Twitter AccountBrian's WebsiteGET IN TOUCH WITH SEAN MURRAYSean's Twitter AccountSean's LinkedIn AccountEmail: Sean@TheInvestorsPodcast.comWebsite: RealTime Performance, Inc.Weekly Newsletter: RealTime Performance NewsletterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Today's guest is Annie Duke, a writer, and expert on decision making. Annie is also the author of Thinking in Bets, a New York Times best-selling book about decision making and her life as a professional poker player that was published in 2018. She has a new book out, How to Decide: Simple Tools for Making Better Choices.Our topic today is how to improve our decision making. Annie is one of the best at helping us think clearly and developing good habits and a sound process around making decisions, especially in finance.IN THIS EPISODE, YOU'LL LEARN:The difference between luck and riskThe Paradox of ExperienceThe Decision Multi-verseThe first step of a great decision processThe importance of estimating reasonable outcomes before you make the decisionWhy we should make implicit assumptions explicit when making decisionsThe difference between the inside view and the outside viewHow to know when it’s time to make the decisionBOOKS AND RESOURCESThinking in Bets by Annie DukeHow to Decide by Annie DukeThe Alliance for Decision EducationCheck out our top picks for the Best Investing Podcasts in 2020All of the HSA benefits. None of the hassle. Make the most of your health savings account with BendHSA.Capital One. This is Banking Reimagined. What’s in your wallet?Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.CONNECT WITH ANNIE DUKEAnnie's Twitter AccountAnnie's WebsiteGET IN TOUCH WITH SEAN MURRAYSean's Twitter AccountSean's LinkedIn AccountEmail: Sean@TheInvestorsPodcast.comWebsite: RealTime Performance, Inc.Weekly Newsletter: RealTime Performance NewsletterHELP US OUT!Help us reach new listeners by leaving us a rating and review! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today’s show, Sean’s guest is Michael Perry, a writer from rural Wisconsin who was so influenced by Montaigne that he wrote a book, “Montaigne in Barn Boots: An Amateur Ambles through Philosophy.”In this episode Michael talks about how he came to discover Montaigne, the lessons he’s learned from Montaigne, how surprised he was that he could relate to this 16th-century French Nobleman, and most importantly, how reading Montaigne has changed his life for the better.IN THIS EPISODE, YOU'LL LEARN:Why we see ourselves in Montaigne when we read The EssaysHow Montaigne shares his curiosity about the world with usHow Montaigne can help us survive in a politically divided worldWhat we learn about ourselves by reading MontaigneWhy it’s important to contemplate death (at least a tiny bit) every dayWhy Montaigne is more about opportunities to be explored than systems to be followedHow Montaigne changed Michael Perry’s life for the betterBOOKS AND RESOURCESThe Essays by Michel de MontaigneMontaigne in Barn Boots by Michael PerryCheck out our top picks for the Best Investing Podcasts in 2020All of the HSA benefits. None of the hassle. Make the most of your health savings account with BendHSA.Capital One. This is Banking Reimagined. What’s in your wallet?Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.CONNECT WITH MICHAEL PERRYMichael's Twitter AccountMichael's WebsiteGET IN TOUCH WITH SEAN MURRAYSean's Twitter AccountSean's LinkedIn AccountEmail: Sean@TheInvestorsPodcast.comWebsite: RealTime Performance, Inc.Weekly Newsletter: RealTime Performance NewsletterHELP US OUT!Help us reach new listeners by leaving us a rating and review! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today’s show, Sean talks with Michael Abrashoff. In this episode, Michael talks about the leadership principles he relied on to transform the USS Benfold, and how we can use those same principles to improve our own leadership skills.In 1997, Michael took command of the USS Benfold, one of the poorest performing ships in the US Navy at that time. In a few short years under his leadership, it became one of the best performing ships in the fleet. Michael also wrote a book about his experience titled “It’s Your Ship: Management Techniques from the Best Damn Ship in the Navy.”. It’s gone on to become a best-seller. IN THIS EPISODE, YOU’LL LEARN:How Abrashoff “turned around” one of the lowers performing ships in the US NavyThe importance of getting your team to take “ownership” of the business or organizationWhy being liked by your people isn’t as important as being respectedWhy Abrashoff interviewed all 310 men and women on his shipWhy driving for “one percent better each day” and then letting compounding do its thing can be so effectiveHow to achieve great goals by small, constant, measured, daily improvementWhy the more command Abrashoff gave up the more command he got over his shipWhy Abrashoff banned all meetings one day each weekWhy leaders should always eat lastBOOKS AND RESOURCES“It’s Your Ship: Management Techniques from the Best Damn Ship in the Navy.” Aegis Performance GroupAll of the HSA benefits. None of the hassle. Make the most of your health savings account with BendHSA.Capital One. This is Banking Reimagined. What’s in your wallet?Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.CONNECT WITH MICHAEL ABRASHOFFMichael’s Twitter AccountMichael’s WebsiteGET IN TOUCH WITH SEAN MURRAYSean’s Twitter AccountSean’s LinkedIn AccountEmail: Sean@TheInvestorsPodcast.comWebsite: RealTime Performance, Inc.Weekly Newsletter: RealTime Performance NewsletterHELP US OUT!Help us reach new listeners by leaving us a rating and review! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today’s show, Sean talks with Roman Krznaric, the author of The Good Ancestor: A Radical Prescription for Long-term Thinking. We explore the idea of thinking long-term, and we learn about some very long-term projects. Along the way, Roman takes us on a journey. He talks about a Cathedral in Germany that took over 500 years to build, a clock being built in Texas designed to last 10,000 years, a seed vault in the arctic circle designed to preserve seeds for 1,000 years, and others. We learn about the importance of long-term thinking, as well as the battle in our heads between our “marshmallow" and our “acorn” brain. He also talks about how important it is to have a transcendent goal in our lives, how to move beyond the ego-boundary, and why we should all ask, “How will I be remembered when I die?”IN THIS EPISODE, YOU'LL LEARN:The importance of long-term thinkingThe tug of war inside our heads between short-term and long-term thinkingHow to manage between our “marshmallow brain” versus our “acorn” brainJeff Bezos, The Long Now Foundation and the 10,000-Year ClockWhy we should take into the account the welfare of future generationsThe importance of asking the question: “How will I be remembered when I die?"The Grandmother effect and how it weaves generations togetherWhy it’s important to have a transcendent goal in lifeWhat is Cathedral Thinking and why it’s importantBOOKS AND RESOURCESThe Good Ancestor: A Radical Prescription for Long-term Thinking by Roman KrznaricThe Long Now FoundationThe Future LibraryThe Uffington White HorseThe Svalbard Global Seed VaultCapital One. This is Banking Reimagined. What’s in your wallet?Get the most competitive rate if you’re looking to get a mortgage or refinance in Canada with Breezeful. Plus, get a $100 Amazon.ca gift card at your closing.Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.CONNECT WITH ROMAN KRZNARICRoman's Twitter AccountRoman's WebsiteCONNECT WITH SEAN MURRAYSean's Twitter AccountSean's LinkedIn AccountEmail: Sean@TheInvestorsPodcast.comWebsite: RealTime Performance, Inc.Weekly Newsletter: RealTime Performance NewsletterHELP US OUT!Help us reach new listeners by leaving us a rating and review! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today's show, Sean talks with Robert Zaretsky, a professor at University of Houston and the author of A Life Worth Living: Albert Camus & the Quest for Meaning. In 1957 French-Algerian writer, Albert Camus was awarded the Nobel Prize for Literature. He was 44 years old, the second youngest person to ever receive the award. Fifteen years earlier, during the height of World War II, Camus stunned the world with the essay, The Myth of Sisyphus, and the novel, The Stranger. Camus explores the idea of finding meaning in life, especially during times of great struggle like war, the plague and personal tragedy. Camus was a free thinker and a champion of the human experience. Camus ultimately teaches us that we should avoid ideologies and rather search for meaning in our relationships with others and in our love of life.IN THIS EPISODE, YOU'LL LEARN:The life of Albert Camus, especially his role in the French Resistance during World War IIHow to continue moving forward with our lives when things happen that we did not expectHow to find meaning in struggleWhy it’s important to rebel against injustice by avoid a revolutionHow we find meaning through relationships Why love for others and love of life is the ultimate source of our happinessBOOKS AND RESOURCESA Life Worth Living: Albert Camus and the Quest for MeaningThe Plague by Albert CamusThe Stranger by Albert CamusThe Myth of Sisyphus by Albert CamusCapital One. This is Banking Reimagined. What’s in your wallet?Get the most competitive rate if you’re looking to get a mortgage or refinance in Canada with Breezeful. Plus, get a $100 Amazon.ca gift card at your closing.Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.CONNECT WITH ROBERT ZARETSKYhttps://www.uh.edu/class/mcl/faculty/zaretsky_r/Email: rzaretsky@uh.eduHELP US OUT!Help us reach new listeners by leaving us a rating and review! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Today’s guest is Nate Bailey. Nate is a former leader in the army, a successful real estate investor, the host of the Championship Leaders podcast and, the author of the book, The 100 Mile Mindset.In the book, he tells the story of his multiple attempts and eventual success at running 100 miles. To complete a race at that distance he had to develop a mindset of resilience, and in this episode, he shares what he’s learned about that mindset and how it can help us in investing and in life. He also talks about what he calls, "Championship Leadership," and how we can cultivate that in ourselves.IN THIS EPISODE, YOU'LL LEARN:What is the 100-Mile Mindset?How to develop resilienceWhy the conversations we have with our self, and the words we use, are so importantWhat is Championship Leadership?Why ownership and accountability are so critical to leadershipHow we can become Championship LeadersBOOKS AND RESOURCESChampionship Leader’s PodcastThe 100-Mile Mindset – The book is available as a free download.Protect your online activity TODAY with ExpressVPN, the VPN rated #1 by CNET and Wired.Capital One. This is Banking Reimagined. What’s in your wallet?Get the most competitive rate if you’re looking to get a mortgage or refinance in Canada with Breezeful. Plus, get a $100 Amazon.ca gift card at your closing.Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.CONNECT WITH NATE BAILEYNate's Facebook AccountNate's Instagram AccountGET IN TOUCH WITH SEAN MURRAYSean's Twitter AccountSean's LinkedIn AccountEmail: Sean@TheInvestorsPodcast.comWebsite: RealTime Performance, Inc.Weekly Newsletter: RealTime Performance NewsletterHELP US OUT!Help us reach new listeners by leaving us a rating and review! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

When we look back on our lives we can all point to experiences that transformed us – experiences so impactful they shape who we are. My guest today is Laurie Ann (L.A.) Paul, Professor of Philosophy at Yale and author of Transformative Experience. In our discussion, we delve into these experiences and uncover some surprising dilemmas inherent when we decide whether or not to undergo a transformative experience. Laurie also offers some guidelines to help us make the best choice.  IN THIS EPISODE, YOU'LL LEARN:What is a transformative experience?Why it’s so hard to value different outcomes when facing a decision to undergo a transformative experience?Why we can’t just ask other people “what’s it like?"Why we can’t use rational decision-making tools in these unique circumstances?Why we should focus more on the transformative experience itself rather than the end result?How we can approach these decisions when rational decision-making fails?The role “suffering” plays in a transformative experienceBOOKS AND RESOURCESTransformative Experience by Laurie PaulLaurie Paul Website: lapaul.orgGet the most competitive rate if you’re looking to get a mortgage or refinance in Canada with Breezeful. Plus, get a $100 Amazon.ca gift card at your closing.Capital One. This is Banking Reimagined. What’s in your wallet?Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.CONNECT WITH L.A. PAULL.A. PaulGET IN TOUCH WITH SEAN MURRAYSean's Twitter AccountSean's LinkedIn AccountEmail: Sean@TheInvestorsPodcast.comWebsite: RealTime Performance, Inc.Weekly Newsletter: RealTime Performance NewsletterHELP US OUT!Help us reach new listeners by leaving us a rating and review! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

My guest on today’s show is Blas Moros, a talented writer and the creator of a very popular blog called The Rabbit Hole, where he provides books summaries, essays, and other resources. I stumbled across the Rabbit Hole a few years ago and it has become a valuable resource for me and others. In this episode, Blas announces the launch of a unique resource and community called The Latticework. Listeners of The Good Life will be among the first to know about this incredible resource. It’s an ambitious project that connects the big ideas from the big disciplines and brings together a community of like-minded learners to explore the most important mental models and develop a multi-disciplinary way of thinking. Moreover, Blas talks about why he built the Latticework and how it is designed to help us all improve our thinking, Charlie Munger’s concept of Worldly wisdom, why mastering the big ideas from the big disciplines is so important, how to apply the concept of compounding to our own learning, and why the most important discipline of all is “learning how to learn.”IN THIS EPISODE, YOU'LL LEARN:The power of multi-disciplinary thinkingHow to build your own personal latticework of mental models How to apply the power of compounding to your learningWhy it’s important to study the big ideas from the big disciplinesHow to apply mental models in a way that impact your lifeThe concept of Worldly Wisdom and why it’s important.How to learn how to learnHow to use the ADEPT learning framework: Analogy, Diagram, Example, Plain English and Technical DescriptionBOOKS AND RESOURCESThe Latticework: ltcwrk.comThe Rabbit Hole: blas.comGet the most competitive rate if you’re looking to get a mortgage or refinance in Canada with Breezeful. Plus, get a $100 Amazon.ca gift card at your closing.Capital One. This is Banking Reimagined. What’s in your wallet?Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.CONNECT WITH ELIZABETH SAMETTwitter: @BlasMorosLinkedIn: Blas MorosGET IN TOUCH WITH SEAN MURRAYSean's Twitter AccountSean's LinkedIn AccountEmail: Sean@TheInvestorsPodcast.comWebsite: RealTime Performance, Inc.Weekly Newsletter: RealTime Performance NewsletterHELP US OUT!Help us reach new listeners by leaving us a rating and review! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today’s show, venture capitalist and finance writer, Morgan Housel joins me to talk about his new book, The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness.We talk about the role that emotions like greed and fear play in investing. Morgan explains why people with no formal finance training can have excellent investment records. Why 90% of investing comes down to mastering three things: living below your means, investing for the long-term, and expecting volatility. We discuss the difference between being rich and being wealthy, and what the ultimate purpose of wealth is. Morgan also shares his secret for pulling out lessons from history to make better decisions today. This one is packed full of stories and knowledge.IN THIS EPISODE, YOU'LL LEARN:Why personal finance is more personal than it is financeWhy people with no formal finance training can have excellent investment records.How our emotions like greed and fear impact our investment returnsWhy 90% of investing comes down to mastering three things: living below your means, investing for the long-term and expecting volatilityWhy it’s more important to be reasonable with your finance decisions than to be rationalHow our personal experience shapes our approach to investingThe difference between being rich and being wealthyWhy buying nice stuff is by and large a social signalHow wealth creates options, and options create happinessBOOKS AND RESOURCESThe Psychology of Money by Morgan HouselThe Collaborative FundGet the most competitive rate if you’re looking to get a mortgage or refinance in Canada with Breezeful. Plus, get a $100 Amazon.ca gift card at your closing.Capital One. This is Banking Reimagined. What’s in your wallet?Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.CONNECT WITH MORGAN HOUSELTwitter: @morganhouselGET IN TOUCH WITH SEAN MURRAYSean's Twitter AccountSean's LinkedIn AccountEmail: Sean@TheInvestorsPodcast.comWebsite: RealTime Performance, Inc.Weekly Newsletter: RealTime Performance NewsletterHELP US OUT!Help us reach new listeners by leaving us a rating and review! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.