Preston Pysh and Luke Gromen talks about the current events unfolding around the Fed’s current rate hike pause, whether this is it or will they keep on tightening in future meetings. They talk about the energy market, its impact on treasury yields, the Bitcoin shift that’s currently taking place, and more.IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro01:26 - The FED recently paused with their efforts to raise interest rates - what's happening?04:08 - Everyone's talking about the TGA needing refilled, what's actually happening?15:14 - How does the US Government need to issue 2.1 Trillion in the second half of 2023 and what's the impact?30:03 - What is happening with the current number of cardboard boxes and why is it important?37:52 - What's happening in the energy market right now?59:14 - Luke's thoughts on Blackrock Bitcoin ETF.01:04:25 - What's happening in US - China Relations right now?BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Luke Gromen's Newsletter. Luke's Books on Amazon. Luke's company FFTT. Related episode: Listen to BTC101: 4th Quarter Macro Overview w/ Luke Gromen, or watch the video. Related episode: Listen to BTC067: Russia Ukraine War & Global Macro Impacts w/ Luke Gromen, or watch the video.  NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. 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.    SPONSORSSupport our free podcast by supporting our sponsors: River Toyota Range Rover Fundrise AT&T The Bitcoin Way USPS American Express Onramp SimpleMining Public Vacasa Shopify Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

In this special episode, William Green shares several fundamental, life-changing lessons that he’s learned from his conversations with Charlie Munger, Mohnish Pabrai, Tom Gayner, & John Spears. The focus here is on powerful insights that can guide & enrich you both in business & life.IN THIS EPISODE YOU’LL LEARN:00:00 - Intro02:37 - Why Charlie Munger thinks being ethical is a huge competitive advantage17:16 - Why Munger urges you to get “toxic people” out of your life, & do it fast.24:52 - How Mohnish Pabrai forges strong relationships based on trust & fairness and how Mohnish’s success is built on David Hawkins’ insights in “Power vs Force.”36:09 - What William Green learned from Hawkins’ books that changed his life.46:36 - Why Munger won’t indulge in destructive emotions like anger & envy.57:32 - How Markel CEO Tom Gayner infuses his business dealings with timeless values.1:06:33 - How Tom operates by initiating trust & then assessing whether it’s deserved.1:16:23 - What Tom looks for when appraising a person’s integrity.1:25:18 - What John Spears learned from Quakerism that guided him in business & life.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Tune in to William Green’s full interview with Mohnish Pabrai or watch the video. Listen to William Green’s full interview with Tom Gayner or watch the video. Tune in to William Green’s full interview with John Spears or watch the video. Listen to William Green’s interview with Daniel Goleman & Tsoknyi Rinpoche or watch the video. “Power vs Force” by David Hawkins. “Letting Go” by David Hawkins. “Transcending the Levels of Consciousness” by David Hawkins. William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book. William Green’s Twitter. SPONSORSSupport our free podcast by supporting our sponsors: River Toyota Range Rover Fundrise AT&T The Bitcoin Way USPS American Express Onramp SimpleMining Public Vacasa Shopify Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Clay Finck and Polina Pompliano discuss her book "Hidden Genius," exploring mental frameworks of high performers to unlock their full potential.After five years of writing The Profile, Polina Marinova Pompliano has studied hundreds of successful people and examined how they reason their way through problems, unleash their creativity, navigate relationships, and perform under extreme pressure.IN THIS EPISODE YOU’LL LEARN:00:00 - Intro.02:11 - How Polina defines success.04:40 - What people-based learning is and why it’s so powerful.06:41 - Why creativity is like a muscle that can be trained and improved upon.14:47 - How we can master the skill of mental toughness.27:16 - What an alter ego is and how it can be used to elevate our lives to the next level.34:04 - Challenges Polina overcame to go from working at prestigious companies like CNN & Fortune to working for herself.55:50 - How to ensure you have a healthy content diet.63:14 - How to balance in-person and online relationships in the modern digital world.65:16 - Polina’s lessons from studying MMA heavyweight world champion Francis Ngannou.74:17 - Why you should bet on yourself by tying your identity to your name.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Polina’s new book – Hidden Genius. Polina’s blog – The Profile. Check out our recent episode covering the 2023 Berkshire Hathaway Shareholder Meeting or watch the video. Follow Clay on Twitter. Follow Polina Pompliano on Twitter. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. 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.  SPONSORSSupport our free podcast by supporting our sponsors: River Toyota Sun Life The Bitcoin Way Meyka Sound Advisory Industrious Range Rover iFlex Stretch Studios Briggs & Riley Public American Express USPS Shopify HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! 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!Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Preston Pysh brings back expert digital asset attorney Joe Carlasare, and resonant realist American Hodl. These two are the perfect mix to cover the Binance and Coinbase battle currently taking place against the SEC.IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro00:50 - Joe's overview of everything happening from a legal sense in the US over the past 6 months.00:50 - What is a TRO and how has the SEC used it against Binance?17:35 - Will the Ripple lawsuit have any impact on the the Coinbase or Binance situation?30:36 - How is all of this going to impact operations at Coinbase?32:07 - Potential commingling of funds at Binance.01:10:22 - The potential of the SEC freezing funds at Binance.01:10:46 - How long are things going to take moving forward?BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Joe Carlasare's Twitter. Joe Carlasare's Law Firm. American Hodl On Twitter Related episode: Listen to BTC112: Bitcoin Macro Mastermind 1st Q 2023 w/ Joe Carlasare, Steven McClurg, & Jeff Ross, or watch the video. Related episode: Listen to BTC070: Bitcoin Round Table w/ Joe Carlasare, Jeff Ross, and Jay Gould, or watch the video.  NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. 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.   SPONSORSSupport our free podcast by supporting our sponsors: River Toyota Range Rover Vacasa AT&T The Bitcoin Way Public American Express Onramp SimpleMining Fundrise Shopify USPS Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

On today’s show, Stig Brodersen talks with co-host William Green, the author of “Richer, Wiser, Happier.” With a strong focus on books, they discuss what has made them Richer, Wiser, or Happier in the past quarter.IN THIS EPISODE YOU’LL LEARN:00:00 - Intro01:27 - How to curate a book list12:53 - How can you find books the same way as your pick stocks23:32 - Which books have made us Wiser, Richer, and Happier30:14 - How the master appears when the student is ready44:13 - Whether AI changes how books are written1:25:46 - How to encourage your peers to read1:42:16 - Why you should give books away as your hobby 1:45:03 - Which two books have William recently read that he would recommendDisclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Listen to Stig Brodersen and William Green’s episode on being Richer, Wiser, and Happier, Q1 2023 or watch the video. Listen to Stig Brodersen and William Green’s episode on Money and Happiness or watch the video. Tune in to William Green’s episode with Mohnish Pabrai on Playing to Win or watch the video. Tune in to William Green’s episode with Jason Karp on Wealth and Health or watch the video. Listen to Clay Finck’s episode with Scott Patterson about the book Chaos Kings or watch the video. William Green’s book Richer, Wiser, Happier – read reviews of this book. William Green’s book, The Great Minds of Investing – read reviews of this book. Scott Patterson’s book, Chaos Kings – read reviews of this book. Peter Matthiessen’s book, Snow Leopard – read reviews of this book. Benjamin Labatut’s book, When we cease to Understand the World – read reviews of this book. Jared Diamond’s book, Guns, Germs, and Steel – read reviews of this book. Yuval Harari’s book, Sapiens – read reviews of this book. Michael Greger’s book, How Not to Die – read reviews of this book. Mark Hyman’s book, Forever Young – read reviews of this book. Steven Kotler’s book, The Art of the Impossible – read reviews of this book. Dean and Anne Ornish’s book, Undo It! - read reviews of this book. Robert Pirsig’s book, Zen and the Art of Motorcycle Maintenance - read reviews of this book. Robert Pirsig’s book, On Quality - read reviews of this book. Alice Schroder’s book, The Snowball - read reviews of this book. Warren Buffett’s book, The Essays of Warren Buffett - read reviews of this book. Ray Dalio’s book, The Changing World Order - read reviews of this book. SPONSORSSupport our free podcast by supporting our sponsors: River Toyota Sun Life The Bitcoin Way Meyka Sound Advisory Industrious Range Rover iFlex Stretch Studios Briggs & Riley Public American Express USPS Shopify Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

On today’s episode, Clay reviews Howard Marks’ book – Mastering the Market Cycle. This is a wonderful book for understanding market cycles and where we are at in the cycle at any given time. Most investors aren’t aware of the cyclicality of markets and are prone to fall victim to greed and fear at the exact wrong times. Superior investors are aware of markets cycles, and position themselves to profit from them.IN THIS EPISODE YOU’LL LEARN:00:00 - Intro.03:32 - Why it’s important to understand market cycles to be a superior investor.11:05 - What drives market cycles and why they exist.23:14 - How to think about the economic cycle, and the governments role in managing the economic cycles.30:53 - How to identify where we are at in a market cycle.32:08 - Why the market’s mood resembles that of a pendulum swinging back and forth.32:30 - Why cycles are inevitable, and will likely always be a key driver of markets into the future.38:47 - What the greatest source of investment risk is.58:03 - What Howard Marks learned from managing billions of dollars during the great financial crisis.58:57 - Why the credit cycle is the most volatile of all cycles, and has the greatest impact on markets.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Howard Marks’ book - Mastering the Market Cycle. Check out our recent episode covering Clay’s review of Howard Marks’ book - The Most Important Thing, or watch the video here. Check out our recent episode covering the 100 to 1 in the Stock Market by Thomas Phelps,  or watch the video here. Related episode: Listen to TIP378: Move Forward With Caution w/ Howard Marks or watch the video here. Related episode: Listen to TIP545: The Third Sea Change Has Begun w/ Howard Marks or watch the video here. Follow Clay on Twitter. SPONSORSSupport our free podcast by supporting our sponsors: River Toyota Range Rover Briggs & Riley American Express The Bitcoin Way Public Onramp USPS Simon & Schuster SimpleMining Vacasa Shopify AT&T iFlex Stretch Studios Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Preston Pysh chats with André Neves all about Bitcoin and its integration into gaming. André is the co-founder and CTO at Zebedee. Zebedee is a company that lets developers make turnkey financial transactions native to their apps and games.IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro01:41 - What exactly is Zebedee and what makes it unique in the Bitcoin and gaming space?06:01 - Could you describe, in layman's terms, the technology behind Zebedee's API for streaming Bitcoin sats?06:01 - What are some use cases for Zebedee's API that game developers might find attractive?19:33 - How could Zebedee change the landscape of the online gaming industry?19:33 - How has Zebedee been received by the gaming community so far? 33:42 - Are there any new projects or product offers that you find exciting?33:59 - How does Nostr potentially fit into all of this?54:44 - What advice would you give to aspiring engineers who want to venture into this space?01:02:20 - Where do you see Zebedee in the next 5-10 years?BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. André Neves Twitter. The Zebedee Website.  NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. 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.   SPONSORSSupport our free podcast by supporting our sponsors: River Toyota Range Rover Vacasa AT&T The Bitcoin Way Public American Express Onramp SimpleMining Fundrise Shopify USPS Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

On today’s classic episode, we study Billionaire Peter Thiel. Peter co-founded PayPal and he was the CEO until the sale to eBay in 2002 for $1.5 billion. After the sale of PayPal, Thiel started a big data analysis company called Palantir Technologies. He also became the founder of a venture capital firm called Founders Fund. With this firm, Thiel became Facebook’s first outside investor when he acquired a 10% stake for as little as $500,000 in August of 2004. Peter’s personal net worth today is about $5 billion and he remains active in numerous tech businesses. IN THIS EPISODE YOU’LL LEARN:00:00 - Intro06:26 - Why and how Peter Thiel is always inverting his thinking and why you should do the same.15:48 - Why do visionaries think in terms of a tipping point for employees rather than a tipping point for revenue.38:52 - Why computers replacing people is an angst narrative that is not true.44:45 - Stig and Preston answer a question from the audience and discuss how much value investors should pay attention to the bond yield curve.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Listen to Preston and Stig’s discussion of Peter Thiel’s book, Zero to One, or watch the video. Read Preston and Stig’s executive summary of Peter Thiel’s book, Zero to One Reid Hoffman’s book, Blitzscaling – Read reviews of this book Ryan Holiday’s book, Conspiracy – Read reviews of this book NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. 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.  SPONSORSSupport our free podcast by supporting our sponsors: River Toyota Sun Life The Bitcoin Way Meyka Sound Advisory Industrious Range Rover iFlex Stretch Studios Briggs & Riley Public American Express USPS Shopify HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! 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!Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

On today’s episode, Clay chats with Scott Patterson about his new book - The Chaos Kings. The Chaos Kings tells the story of the hedge fund that achieved average annual returns of over 105% from 2008 through 2019, and how Bill Ackman had a $27 million dollar bet that turned into over $2.6 billion. IN THIS EPISODE YOU’LL LEARN:00:00 - Intro.02:35 - Who the Chaos Kings are.05:38 - The story of Nassim Taleb and Mark Spitznagel setting up a hedge fund that delivered average returns of 105% annually.06:12 - How these hedge funds profit tremendously during times of calamity.16:14 - What led Nassim Taleb to get interested in the markets.24:55 - Why we should be mindful of just how uncertain the world and our global economy is today.complexity theory - What complexity theory is.28:51 - How investors can protect themselves from a black swan event.45:02 - How Taleb and Spitznagel viewed the world differently than conventional wisdom.53:12 -How predictable Black Swan events are.57:41 - Looming Black Swans that Taleb sees in today’s world.60:49 - What the precautionary principle is.63:23 - Taleb and Spitznagels take on the systemic risks in the financial system today.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Scott’s new book - The Chaos Kings. Scott’s website. Check out our recent episode covering the 2023 Berkshire Hathaway Shareholder Meeting or watch the video. Follow Clay on Twitter. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. 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.  SPONSORSSupport our free podcast by supporting our sponsors: River Toyota Sun Life The Bitcoin Way Range Rover Sound Advisory BAM Capital Fidelity SimpleMining Briggs & Riley Public Shopify HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! 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!Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Preston Pysh talks to Bitcoin layer two Lightning expert Jesse Shrader on the show about all the fascinating stuff they have going on with their Amboss website. Amboss is a website that analyzes all the Bitcoin full nodes and immediately settling channels that are open between the nodes on the network.IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro01:43 - How did Jesse get into Layer 2 Lightning Bitcoin?03:07 - How Jesse's background in class action lawsuits against big banks impacted the way he views Bitcoin.05:10 - How Jesse and his founder initially designed Amboss.05:10 - What were they trying to optimize for when they built Amboss?05:10 - What was Lightning like in the early days when opening channels?11:59 - How has the business plan changed for Amboss?14:43 - Is inbound liquidity an issue for Lighting adoption?24:37 - Comparison between the legacy financial system and Lightning.30:44 - What is Magma's liquidity market?32:55 - How could Bitcoin even have a "risk free" rate?34:19 - What is the LINER (Lightning Network Rate)?34:19 - How could the LINER impact risk free rates?BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Jesse Shrader's Twitter. The Amboss Website. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. 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.  SPONSORSSupport our free podcast by supporting our sponsors: River Toyota Range Rover Fundrise AT&T The Bitcoin Way USPS American Express Onramp SimpleMining Public Vacasa Shopify Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm