IN THIS EPISODE YOU’LL LEARN: How Richard Branson does not let knowhow and capital constraints stop his business ventures. Why your personality is important for starting up a business The process how Richard Branson started up 200 companies Ask The Investors: Would you both have passive and active investing in your portfolio? BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Relate...
Oct 28, 2018•32 min•Ep 214•Transcript available on Metacast On today's show, we talk to a precious metals expert, David McAlvany, about whether an investor should include gold, silver, or platinum in their portfolio. IN THIS EPISODE YOU’LL LEARN: Why value investors should consider gold if they deem the stock market overvalued. Why investors hold silver and platinum. How to determine the asset allocation of gold by the ratio to other precious metals. How to use the Dow Jones’s ratio to the price of gold as a buy or sell signal. How should gold be allocat...
Oct 21, 2018•46 min•Ep 213•Transcript available on Metacast On today's show, we talk to billionaire, Howard Marks. Mr. Marks has produced a 19% annual return for the past 22 years investing in distressed debt. He has been a money manager for 50 years and is a renown luminary in security analysis. IN THIS EPISODE YOU’LL LEARN: How Howard Marks invests accordingly to the market cycle. How Howard Marks can be fully invested, and still be cautious in an overvalued stock market. How to assess where we are in the market cycle. What Howard Marks learned from th...
Oct 14, 2018•37 min•Ep 212•Transcript available on Metacast On today's show, we talk to Dr. Wesley Gray about artificial intelligence and the impact on the finance industry. IN THIS EPISODE YOU’LL LEARN: Why artificial intelligence has so far shown no evidence of consistently outperforming the stock market How to factor in volatility in your momentum strategy How to include value in your momentum strategy Why the market is signaling that we won’t have conventional inflation in the time to come BOOKS AND RESOURCES Join the exclusive TIP Mastermind Communi...
Oct 07, 2018•31 min•Ep 211•Transcript available on Metacast On today's show, we get the rare opportunity to interview one of our heroes, Tony Robbins. Tony is an American Entrepreneur and NY Times Best Selling Author of multiple books. During our discussion, we talk about Tony’s book Unshakeable and Money Master The Game. Additionally, we talk to Tony about the things that matter most, which is how a person can find their higher purpose, how to accomplish the things people want to master, and most importantly, how to have a real impact. IN THIS EPISODE Y...
Sep 30, 2018•56 min•Ep 210•Transcript available on Metacast On today’s show, we are going to be covering billionaire Bill Gates. As many people know, Mr. Gates is the co-founder of Microsoft and he now runs the largest non-profit in the entire world. IN THIS EPISODE YOU’LL LEARN: How much you can attribute luck to Bill Gates’ success How Bill Gates stays focused and motivated How much money Bill Gates is giving away and why Which tech products that will be developed over the next 15 years Ask The Investors: Is it a problem that we have fewer and fewer li...
Sep 23, 2018•43 min•Ep 209•Transcript available on Metacast On today’s show we are going to be covering billionaire Mark Cuban. After being fired from his first job, Mark started his own company called Micro Solutions. Within a decade, Mark sold the company for 6 million dollars and started a second business that streamed college sports over the internet. Within another decade, Mark sold Broadcast.com for 5.7 billion to Yahoo! During our show, we play some interesting questions that Mark has been asked about his time as an entrepreneur. IN THIS EPISODE Y...
Sep 16, 2018•44 min•Ep 208•Transcript available on Metacast On today's show we have Richard Duncan. Richard has worked for the IMF and World Bank and is an expert on monetary policy. During the show we talk about the impact of tariffs and the escalating trade war with China. IN THIS EPISODE YOU’LL LEARN: Why the trade war might be turning point in history. How China is manipulating their currency. Why and how the Chinese are going to retaliate in the trade war. Why the US government might choose to talk about tariff rather than impose tariffs. Why the US...
Sep 09, 2018•1 hr•Ep 207•Transcript available on Metacast On today’s show, we have assembled our mastermind group for the 3rd quarter of 2018. At the start of 2018, the US Stock market experienced a 10% correction. But since that time, equities have had a strong comeback and are now considered the longest running bull market in the history of the NY Stock Exchange. The members participating on today’s show are Tobias Carlisle, Hari Ramachandra, Stig, and Preston. IN THIS EPISODE YOU’LL LEARN: The group’s intrinsic value assessment of $GOOG, $FB, $HRB, ...
Sep 02, 2018•53 min•Ep 206•Transcript available on Metacast On today’s show we bring back our good friend, Jesse Felder. Jesse is a former multi-billion dollar hedge fund manager out of Santa Monica California. Jesse is regularly featured on the Wall Street Journal, Barron’s, and many other national level business outlets. We start off the discussion talking about gold and what lies ahead. As the show progresses we talk about the tariffs and the impact on the US Dollar. We talk Fang, we talk Elon Musk, and much more. IN THIS EPISODE YOU’LL LEARN: Why the...
Aug 26, 2018•46 min•Ep 205•Transcript available on Metacast On today's episode we talking to Dr. Richard Smith. Smith is an expert at momentum investing and is the founder of the popular investing website, TradeStops. During the discussion Dr. Smith talks about the current market conditions and which industries might perform the best for the rest of 2018. IN THIS EPISODE YOU’LL LEARN: Why you should use a moving average in your trading strategy Why there is price momentum is energy and small-cap stocks right now How to think about volatility and position...
Aug 19, 2018•37 min•Ep 204•Transcript available on Metacast On today’s show we are talking about the famous Chinese billionaire, Jack Ma. Jack’s personal net worth is is around 42 billion dollars. He’s the founder and executive chairman of the Alibaba Group. In 2017, he was ranked 2nd for the World’s greatest leaders by Fortune Magazine. During the discussion we play some interesting Q&A's Jack has been a part of during the past two years. IN THIS EPISODE YOU’LL LEARN: How Alibaba is an E-commerce enabler like Google. Why it’s always the same reasons peo...
Aug 12, 2018•46 min•Ep 203•Transcript available on Metacast On today's show, we learn about investing in the renewable energy market. Today's guest is Bryan Birsic and he's the founder of Wunder Capital. His company invests over $100M in the renewable energy market and has a deep understanding of how the market might progress in the future. IN THIS EPISODE YOU’LL LEARN: How do renewables do as an investment during a recession? What are the bull and the bear case for investors in renewables? Why are electricity prices so volatile, and why are they sometim...
Aug 05, 2018•42 min•Ep 202•Transcript available on Metacast On today's show, we learn about the biggest mistakes that legendary investors have made throughout their career. Our guest, Michael Batnick, recently wrote a book on this topic and provides insights from what he learned. Michael is often featured on CNBC and Bloomberg and he is the Director of Research at Ritholtz Wealth Management. IN THIS EPISODE YOU’LL LEARN: Why you shouldn’t talk about your investments. Why Jesse Livermore is the most quoted and successful trader, but still went broke . Why...
Jul 29, 2018•35 min•Ep 201•Transcript available on Metacast On today’s show we talk to the founder of ETFmg, Sam Masucci. Sam's company is responsible for bringing the first Artificial Intelligence ETF onto the market. The name of the ticker is AIEQ, and since inception in OCT 2017, the fund has outperformed the S&P 500 by nearly twice the yield (as of July 2018). During our discussion with Sam, we ask him about the deep learning methodology and how the programmers integrated IBM Watson technology into the logic. Additionally, we talk to Sam about anothe...
Jul 22, 2018•37 min•Ep 200•Transcript available on Metacast On today's show we play some of the best questions and answers we could find from interviews with Jeff Bezos. Jeff is the founder of Amazon and the wealthiest person in the world (over 140 billion). IN THIS EPISODE, YOU’LL LEARN: How Jeff Bezos gaged his first year of business at Amazon. How Jeff thinks about profitability and shareholder value. How Jeff thinks about Blue Origin and space. Why Jeff isn't concerned about the current quarter. Why Jeff purchased the Washington Post. BOOKS AND RESOU...
Jul 15, 2018•43 min•Ep 199•Transcript available on Metacast On today’s show we talk about the very popular entrepreneur, Daymond John. John rose to business stardom after creating the global clothing line FUBU. Later he became a celebrity figure on ABC’s Shark Tank. After looking through various book recommendations from our audience, we kept getting a similar recommendation: The Power of Broke by John. The book provides some great insights into Daymond’s life before FUBU and how he created the business, but the part of the book we liked the best was his...
Jul 08, 2018•42 min•Ep 198•Transcript available on Metacast On today’s show we talk about a subject that so many want to master, but few understand where to start. The topic of today’s show is Creativity. Now, you might be asking yourself, how can I develop the right idea at the right time, and today’s guest is one of the leading experts in that field. This might be hard to believe, but Allen Gannett is only 27 years old. And as soon as you hear this interview, you won’t believe the amount of knowledge and insights he brings to the topic. In fact, Allen ...
Jul 01, 2018•40 min•Ep 197•Transcript available on Metacast In this episode, Preston and Stig talk about their experience of attending the 2018 Berkshire Hathaway Shareholder's meeting. The Investors play five of the best Q&A that occurred during the meeting. After each question, Preston and Stig provide their feedback and analysis on Buffett and Munger's responses. IN THIS EPISODE, YOU’LL LEARN: If Elon Musk is right about Warren Buffett’s being wrong about competitive advantage? Why Warren Buffett won’t invest in cryptocurrencies. Why many Berkshire Ha...
Jun 24, 2018•55 min•Ep 196•Transcript available on Metacast In this episode, Preston and Stig talk about their experience of attending the 2018 Berkshire Hathaway Shareholder's meeting. The Investors play five of the best Q&A that occurred during the meeting. After each question, Preston and Stig provide their feedback and analysis on Buffett and Munger's responses. IN THIS EPISODE, YOU’LL LEARN: If Buffett plans to sell his investment in Well’s Fargo after the recent scandal? How the new accounting rules change the way investors value companies. If Buff...
Jun 17, 2018•52 min•Ep 195•Transcript available on Metacast One of the most lucrative and highest yielding areas of investing is finding quality companies in the small-cap market. The difficulty with investing in this space is the companies often lack stability and market dominance to make some investors comfortable. On this episode, we talk to a leading expert and former hedge fund manager that has invested in the small business space over three decades. Eric Cinnamond currently runs his own blog where he provides a detailed analysis of all the conferen...
Jun 10, 2018•45 min•Ep 194•Transcript available on Metacast In this episode, Preston and Stig talk to one of the owners of the Atlanta Hawks Basketball team, Jesse Itzler. Jesse is a serial entrepreneur and the founder of numerous start-up companies. In particular, Jesse was the founder of Marquis Jet, which was sold to Warren Buffett’s Berkshire Hathaway. During our discussion, Jesse talks to us about his new book, Living With The Monks. In the book, Jesse learns what turning off his phone taught him about happiness, gratitude, and focus. Checkout Jesse...
May 27, 2018•57 min•Ep 192•Transcript available on Metacast Jim Rickards is a New York Times Best Selling Author and major authority in central banking policy. Jim has worked on Wall Street for more than 35 years and his comments and commentary are frequently aired on CNBC, Bloomberg, and countless other national level news organizations. His books are on the recommended reading lists at businesses like Bridgewater Associates and major US banks. Our interview with Jim is two episodes long and this is the second half of the discussion. IN THIS EPISODE, YO...
May 20, 2018•42 min•Ep 191•Transcript available on Metacast Jim Rickards is a New York Times Best Selling Author and major authority in central banking policy. Jim has worked on Wall Street for more than 35 years and his comments and commentary are frequently aired on CNBC, Bloomberg, and countless other national level news organizations. His books are on the recommended reading lists at businesses like Bridgewater Associates and major US banks. Our interview with Jim is two episodes long and this is the first half of the discussion. First we talk to him...
May 13, 2018•42 min•Ep 190•Transcript available on Metacast On today's show, we talk to Ian Siegel. Ian is the founder and current CEO of the billion-dollar tech company, Zip Recruiter. Ian built the company from nothing in 2010 and has now served over 120 million customers. On today’s interview, we talk to Ian how he did this. We ask him what advice he can give to other people that are also trying to grow their own business from the ground up and how they will know if they have a winner on their hands. Before founding his current company, Ian was also a...
May 06, 2018•36 min•Ep 189•Transcript available on Metacast On today’s show, we have assembled our mastermind group for the 2nd quarter of 2018. Some of the major market themes we have seen since the start of the year is a substantial sell off in short and mid-term duration government bonds, with the 10 year treasury briefly hitting over 3%. Since global equity markets hit a high on 25 January 2018, they have struggled to sustain that level, at the end of April 2018, the market is still down -6% since those highs. Many are attributing the slow-down in eq...
Apr 29, 2018•1 hr 4 min•Ep 188•Transcript available on Metacast On Today's show we talk to the New York Times Best Selling author, Daniel Coyle. Daniel is a leading expert in the development of peak performing cultures. In his new book, The Culture Code, Daniel interviews people like billionaire Tony Hsieh, Pixar's Ed Catmull, and many more. If you ever wanted to know what it takes to build a top performing team, you'll definitely want to hear what Daniel has to say. IN THIS EPISODE, YOU’LL LEARN: How do you create the strongest culture in your organization ...
Apr 22, 2018•45 min•Ep 187•Transcript available on Metacast In 2017, we saw Bitcoin grow by over 1300%. Ever since the start of the new year, however, things have been pretty ugly, with a year to date performance of -50%. So what in the world is happening? Is bitcoin still the darling new asset class that so many people believe in, or is something more frightening on the horizon? Well, on today's show, we are going to have a little discussion that covers both sides of the argument. In one corner we have Tuur Demeester. Tuur has been an investor in Bitcoi...
Apr 15, 2018•44 min•Ep 186•Transcript available on Metacast In 2017, we saw Bitcoin grow by over 1300%. Ever since the start of the new year, however, things have been pretty ugly, with a year to date performance of -50%. So what in the world is happening? Is bitcoin still the darling new asset class that so many people believe in, or is something more frightening on the horizon? Well, on today's show, we are going to have a little discussion that covers both sides of the argument. In one corner we have Tuur Demeester. Tuur has been an investor in Bitcoi...
Apr 08, 2018•50 min•Ep 185•Transcript available on Metacast In today's episode we talking to Dr. Richard Smith. Smith is an expert at momentum investing and is the founder of the popular investing website, TradeStops. During the discussion Smith explains how a firm understanding of volatility and statistics can enable momentum investors an edge in determining entry and exit points into stocks that are selected based on fundamental advantages. IN THIS EPISODE, YOU’LL LEARN: How to trust math and not emotions in your portfolio. How to mix billionaires’ sto...
Apr 01, 2018•38 min•Ep 184•Transcript available on Metacast