Fun conversation with the “My First Million” guys!
Show Notes:
(0:00) Intro
(2:19) Christmas tree portfolio
(4:43) Cowboy account
(9:51) Day trading
(11:09) Barry yells at Lloyd Blankfein
(13:46) Panic selling
(16:45) Sam picks a fight
(18:46) Direct indexing
(21:43) Great investors
(27:25) 90% of everything is crap
(36:14) Elon’s foray into PE
(44:02) Predicting the housing crisis
(46:01) Spending a year as the dumbest guy on Wall Street
(49:01)Why bubbles are good for the economy