My Worst Investment Ever Podcast

In this episode of Investment Strategy Made Simple (ISMS), Andrew gets into part two of his discussion with Larry Swedroe: Ignorance is Bliss. Today, they discuss two chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them . In this tenth series, they discuss mistake number 18: Do you believe your fortune is in the stars? And mistake number 19: Do you rely on m...

BIO: Laurie Barkman, the business transition sherpa, is the former CEO of a $100 million revenue company that was sold to a Fortune 50 company. STORY: Though Laurie has had a flourishing career in the startup world, she regrets not spending that time building her own business. LEARNING: Quit often, quit fast. Don’t hesitate, or stay in something that doesn’t bring you value. Pay attention to your...

BIO: Mark Venables, originally from the UK, is a serial entrepreneur and, among other companies, owns thecryptomerchant.com, offering the largest selection of crypto self-custody devices on the planet. STORY: Mark bought crypto in an exchange, but ironically, despite being surrounded by 1,000s of cold wallets, Mark didn’t take his crypto and put it in a cold wallet. The crypto company got into som...

BIO: Tania Reif is the Founder and CIO of Senda Digital Assets. Prior to her cryptocurrency focus, she built her investment pedigree at top macro hedge funds, including Soros Fund Management, Laurion Capital, Citadel, and Alphadyne Asset Management. STORY: Around the end of 2017, Talia believed the dollar would stay strong and rally. Unfortunately, it tanked in January 2018. It only started rallyi...

BIO: Mark Neuman is the CIO and founder of Constraint Capital. He is a CFA charterholder and creator of the ESG orphans index. STORY: Mark talks about constrained capital, ESG orphans, and his work around it. LEARNING: We can’t get to the future of energy without present energy. To win the renewable energy fight, we must put facts above feelings.   “We can’t get to the future of energy withou...

BIO: Ryan Dusick is an associate marriage and family therapist, life coach, mental health advocate, and the founding drummer of the world’s most popular band, Maroon 5. STORY: Ryan’s worst investment ever was spending a decade of his time, energy, and focus believing that he had control over his life. Simply playing God with the reality of his existence. LEARNING: Happiness comes from connection a...

BIO: Thomas Chua is the founder of SteadyCompounding.com, where he writes about business breakdowns, investment concepts, and timeless lessons from super investors. STORY: Thomas invested in a company that had a gaming and e-commerce business. The gaming business was his main attraction, but over time, it started faltering. Unfortunately, Thomas held on until the stock went too low. LEARNING: Have...

BIO: Kat Merchant is a Rugby World Cup Champion turned Lifestyle, Nutrition & Fitness Coach. Her mission is to show you how your weight-loss journey and making positive lifestyle and nutrition changes can catalyze improvement in EVERY aspect of your life. STORY: Kat had to retire early from her successful rugby career. A few years after that, she went through an awful breakup. At the same...

BIO: Laurent Lequeu is a multi-asset investor dedicated to assisting High Net Worth Individuals and Retail Investors in achieving financial success through actionable investment insights derived from comprehensive global macro trends and meticulous bottom-up analysis. STORY: Laurent thought he could outsmart all the hedge funds and the most brilliant investors by shorting NVIDIA before the first q...

BIO: Dr. David Kass received his Ph. D. in Business Economics from Harvard University and has published articles in corporate finance, industrial organization, and health economics. He currently teaches Advanced Financial Management. STORY: In his early 20s, David invested $2,000 in a company giving out high dividends. Only after he invested did he realize that none of the senior executives in the...

BIO: Christopher Panagiotu hosts the “CAPitalize Your Finances” podcast and is the original CAPitalizer: one who is obsessed with understanding what there is to know about their passion. STORY: Chris was suckered into buying Ford and GameStop shares by the high dividends the companies were offering. However, both companies couldn’t afford to pay those dividends. Chris also started a business to st...

In this episode of Investment Strategy Made Simple (ISMS), Andrew gets into part two of his discussion with Larry Swedroe; Ignorance is Bliss. Today they discuss two chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them . In this ninth series, they discuss mistake number 16: Do You Fail To See The Poison Inside the Shiny Apple? And mistake number 17: Do You C...

Stocks for the Long Run Click here to get the PDF with all charts and graphs What long-term return do you expect for US stocks?   In Siegel’s “Stocks for the Long Run,” he tells us to expect a 5% LT real US stock market return   I became a finance teacher in Thailand in 1992 Then started as a financial analyst in 1993 Siegel’s book came out in 1994 and was one of the best references avai...

BIO: Folarin Daniel Adeboye was a CEO and Co-Founder at F&K Savings. In 5 years of operations, F&K Savings was able to onboard over 35,000 users while processing over 4 million dollars in transaction volume. STORY: Daniel and his partner’s desire to grow F&K Savings fast made them lose substantial money to an investment they blindly entered. This, and other managerial mistakes, caused...

BIO: Dana Anspach is the founder and CEO of Sensible Money, LLC, a firm specializing in retirement income planning. In 2022, Sensible Money ranked on the Inc. 5000 list of fastest-growing privately owned companies in the U.S. STORY: Dana loved a fitness product so much that she decided to open her own franchise. Soon enough, she discovered running a business is so much different from loving its pr...

In this episode of Investment Strategy Made Simple (ISMS), Andrew and Larry discuss three chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them . In this eighth episode, they discuss mistake number 13: Do you confuse the familiar with the safe? Mistake number 14: Do you believe you’re playing with the house’s money? And mistake number 15: Do you let friendshi...

BIO: Manisha Thakor has worked in financial services for over 30 years, focusing on women’s economic empowerment. STORY: From a very young age, Manisha equated her self-worth to her achievements. This led her to overwork herself almost to death—twice. LEARNING: Don’t underestimate the incredible power of the net present value of your future earnings. Invest concurrently in your financial health an...

BIO: Dr. Richard Smith – Berkeley Mathematician and Ph. D. in System Science – is a fintech entrepreneur, the CEO of The Foundation for the Study of Cycles, and cofounder of the investment tool Finiac. STORY: Richard invested his entire live savings ($10,000), and in 18 months, it had grown to $40,000. Then suddenly, the investment went down to $30,000. He believed it would go up again, so he held...

BIO: David Perry was in the video game industry for over 30 years, making hits like The Matrix, Aladdin, The Terminator, and Earthworm Jim. He sold his last company to Sony PlayStation and the one before that to Atari. He’s now building a startup in e-Commerce called Carro. STORY: One of David’s top former employees started a VR company and invited him to invest. Though David believed in this empl...

BIO: Tom Wall holds a Ph. D. in Retirement Income Planning, with original research on Whole Life as a Fixed Income Alternative under the advisement of industry thought leaders: Wade Pfau, Michael Finke, and Stephen Parrish. STORY: Tom got pulled into the Bitcoin frenzy in 2018 and made huge gains. He had also invested in an NFT performing really well and made 15X his investment. Tom took his inves...

BIO: Rick Warner is a personal development coach, mentor, and highly respected real estate broker based in California. Rick’s story is one of triumph over adversity. STORY: Rick took his money from well-performing stocks and decided to time the market. After much waiting, he came across the First Republic Bank’s stock, whose share price had fallen from $300 to $30. He bought 700 shares at $29 each...

BIO: Mohit Tater is a serial entrepreneur, investor, and consultant. He founded BlackBook Investments and quickly became a recognized expert investor in online businesses and digital assets. STORY: Mohit got enticed by the numbers his favorite pizza shop was turning and decided to start his own shop. Since he and his partner had no experience in the F&B industry, they were to receive full supp...

BIO: As the owner of Apollo Assets Co Ltd, Mr. Vorathep Srikuruwal is a prominent figure in the real estate industry of Thailand. He has established a track record and extensive experience as a visionary leader in this field. STORY: Vorathep came across a bank property he thought would be a good investment. He bought it for half its value and even got the bank to give him a loan. His biggest mista...

BIO: Phil Bak is the CEO of Armada ETFs, a REIT-specialty asset manager that delivers customized solutions to REIT investors through ETFs, SMAs, and proprietary AI and machine learning REIT valuation models. STORY: Phil got into baseball cards when he was 14. Rookie Greg Jeffries became the hype one year and was poised to be the next big thing. Phil bought the hype, sold all his cards, and investe...

BIO: Jack D. Schwager is a recognized industry expert on futures and hedge funds and the author of the iconic Market Wizards series, in which he interviewed about 70 trading legends of our time. STORY: Jack stayed too long in a position where his short was the strongest and his long the weakest, even though he knew this wasn’t the way to invest. LEARNING: Never stay in a position that violates som...