My Worst Investment Ever Podcast

BIO: Craig Cecilio is a visionary disruptor and CEO of DiversyFund, dedicated to democratizing wealth building. He has broken barriers in private markets, raising over $1 billion and offering investment opportunities once reserved for the elite. STORY: Craig had a potential business partner introduced to him by a friend. The partner had a land deal and convinced Craig to invest $10,000. A couple o...

In this episode of Enrich Your Future, Andrew and Larry Swedroe discuss Larry’s new book, Enrich Your Future: The Keys to Successful Investing . In this series, they discuss Chapter 21: You Can’t Handle the Truth. LEARNING: Overconfidence leads to poor investment decisions. Measure your returns against benchmarks.   “If you think you can forecast the future better than others, you’re going to...

BIO: Michael Episcope is the co-CEO of Origin Investments. He co-chairs its investment committee and oversees investor relations and capital raising. STORY: Michael invested in a multi-family property in Austin with a friend who had vouched for somebody else. Unbeknownst to Michael, the guy in Austin had taken a loan against his property to save other properties in his portfolio. LEARNING: Do not...

In this episode of Enrich Your Future, Andrew and Larry Swedroe discuss Larry’s new book, Enrich Your Future: The Keys to Successful Investing . In this series, they discuss Chapter 20: A Higher Intelligence. LEARNING: Choose passive investing over active investing.   “Passive investing involves systematic, transparent, and replicable strategies without individual stock selection or market ti...

In this episode of Enrich Your Future, Andrew and Larry Swedroe discuss Larry’s new book, Enrich Your Future: The Keys to Successful Investing . In this series, they discuss Chapter 19: Is Gold a Safe Haven Asset? LEARNING: Do not allocate more than 5% of gold to your portfolio.   “I don’t have a problem with people allocating a very small amount of gold to their portfolio, but they should on...

In this episode of Enrich Your Future, Andrew and Larry Swedroe discuss Larry’s new book, Enrich Your Future: The Keys to Successful Investing . In this series, they discuss Chapter 18: Black Swans and Fat Tails. LEARNING: Never treat the unlikely as impossible. Diversify your portfolio to withstand black swans.   “If you build a portfolio that can withstand the black swans and is highly dive...

In this episode of Enrich Your Future, Andrew and Larry Swedroe discuss Larry’s new book, Enrich Your Future: The Keys to Successful Investing . In this series, they discuss Chapter 17: There is Only One Way to See Things Rightly. LEARNING: Consider the overall impact of investments rather than focusing on individual metrics.   "There is only one right way to build a portfolio—by recognizing...

Listen on Apple | Listen Notes | Spotify | YouTube | Other Quick take In this episode of Enrich Your Future, Andrew and Larry Swedroe discuss Larry’s new book, Enrich Your Future: The Keys to Successful Investing . In this series, they discuss Chapter 16: All Crystal Balls are Cloudy. LEARNING: Estimated return is not always inevitable.   “If returns are negative early on, don’t withdraw larg...

BIO: Damon Pistulka, co-founder of Exit Your Way, is known for his hands-on, practical approach to helping business owners maximize value and achieve successful exits. STORY: Damon explains his journey into understanding technology and its role in business growth. LEARNING: Stay informed and adapt to changing industry trends. Adapt to changing customer expectations and preferences.   “The sim...

In this episode of Enrich Your Future, Andrew and Larry Swedroe discuss Larry’s new book, Enrich Your Future: The Keys to Successful Investing . In this series, they discuss Chapter 15: Individual Stocks Are Riskier Than Investors Believe. LEARNING: Don’t invest in individual stocks. Instead, diversify your portfolio to reduce your risk.   “Diversification has been said to be the only free lu...

BIO: Ava Benesocky is an author, public speaker, educator, CEO, and Co-Founder of CPI Capital, a uniquely innovative real estate private equity firm that helps investors invest in multifamily assets. STORY: Ava became passionate about real estate when she was young. At 15, she convinced her parents to invest $13,000 in a course by Scott McGillivray on renovating and selling homes. Ava never did an...

In this episode of Enrich Your Future, Andrew and Larry Swedroe discuss Larry’s new book, Enrich Your Future: The Keys to Successful Investing . In this series, they discuss Chapter 14: Stocks Are Risky No Matter How Long the Horizon. LEARNING: Stocks are risky no matter the length of your investment horizon   “Investors should never take more risk than is appropriate to their personal situat...

BIO: Pritesh Ruparel is the CEO of ALT21, a leading tech company in hedging and currency solutions. STORY: Pritesh found a good trade and invested 100% in it. His manager later advised him to liquidate that position because it was too concentrated. A day after Pritesh liquidated, a natural disaster occurred, and the spread went from $10 to $250 in an hour. LEARNING: Put yourself in a position to g...

In this episode of Enrich Your Future, Andrew and Larry Swedroe discuss Larry’s new book, Enrich Your Future: The Keys to Successful Investing . In this series, they discuss Chapter 13: Between a Rock and a Hard Place. LEARNING: Past performance is not a strong predictor of future performance.   “If you must invest actively, find active funds that design their strategies more intelligently to...

In this episode of Enrich Your Future, Andrew and Larry Swedroe discuss Larry’s new book, Enrich Your Future: The Keys to Successful Investing . In this series, they discuss Chapter 12: Outfoxing the Box. LEARNING: You don’t have to engage in active investing; instead, accept market returns by investing passively.   “You don’t have to play the game of active investing. You don’t have to try t...

In this episode of Enrich Your Future, Andrew and Larry Swedroe discuss Larry’s new book, Enrich Your Future: The Keys to Successful Investing . In this series, they discuss Chapter 11: The Demon of Chance. LEARNING: Don’t always attribute skill to success, sometimes it could be just luck.   “Just because there is a correlation doesn’t mean causation. You must be careful not to attribute skil...

In this episode of Enrich Your Future, Andrew and Larry Swedroe discuss Larry’s new book, Enrich Your Future: The Keys to Successful Investing . In this series, they discuss Chapter 10: When Even the Best Aren’t Likely to Win the Game. LEARNING: Refrain from the futile pursuit of trying to beat the market.   “Only play the game of active management if you can truly identify an advantage you h...

BIO: Andrew Pek is a co-founder of Amiko XR Inc., a groundbreaking company that leverages VR and AI technologies to create immersive, personalized learning experiences available 24/7. STORY: Andrew shared his worst investment ever story on episode 376: Build Revenue in Your Startup Before You Build Up Cost. Today, he discusses his new business. LEARNING: Learning can be more immersive, sparking cu...

In this episode of Enrich Your Future, Andrew and Larry Swedroe discuss Larry’s new book, Enrich Your Future: The Keys to Successful Investing . In this series, they discuss Chapter 09: The Fed Model and the Money Illusion. LEARNING: Just because there is a correlation doesn’t mean that there’s causation.   “Just because there is a correlation doesn’t mean that there’s causation. The mere exi...

BIO: Pavan Sukhdev’s remarkable journey from scientist to international banker to environmental economist has brought him to the forefront of the sustainability movement. STORY: Pavan ignored his investment rules and invested in a bond, which caused him to lose almost his entire investment. LEARNING: Don’t make exceptions; the rules are the essence. Set up concentration risk limits. Diversify. &nb...

In this episode of Enrich Your Future, Andrew and Larry Swedroe discuss Larry’s new book, Enrich Your Future: The Keys to Successful Investing . In this series, they discuss Chapter 08: Be Careful What You Ask For. LEARNING: High growth rates don’t always mean high stock returns.   “Emerging markets are very much like the rest of the world’s capital markets—they do an excellent job of reflect...

In this episode of Enrich Your Future, Andrew and Larry Swedroe discuss Larry’s new book, Enrich Your Future: The Keys to Successful Investing . In this series, they discuss Chapter 07: The Value of Security Analysis. LEARNING: Smart investors, like smart businesspeople, care about results, not efforts.   “Smart investors, like smart businesspeople, care about results, not efforts. That is wh...

Click here to get the PDF with all charts and graphs   Introducing emerging markets Our FVMR framework Fundamentals: Emerging markets are about 20% less profitable Valuation: Emerging markets are about 41% cheaper Asset class and region/country allocations Introducing emerging markets Our FVMR framework     Fundamentals: Emerging markets are about 20% less profitable Valuation: Emer...

BIO: Justus Hammer is the Group CEO and Co-founder of Mad Paws. Over the past two years, he has invested in over 45 startups. He has served as an advisor and early investor in Airtasker and a founding investor and advisor to VICE Golf. STORY: Justus developed an idea to make real estate buying easier. He wanted to expand outside of Australia when COVID hit. Justus took a pause, thinking that the m...

In this episode of Enrich Your Future, Andrew and Larry Swedroe discuss Larry’s new book, Enrich Your Future: The Keys to Successful Investing . In this series, they discuss Chapter 06: Market Efficiency and the Case of Pete Rose. LEARNING: Don’t try to pick stocks or time the market.   “The evidence is very clear. The stocks retail investors buy underperform after they buy them, and the stoc...