So you took a big bet on an individual stock and won, but what's next? When do you transition from concentration to diversification? Will you take more bets in the future? In this podcast episode, I share the problem with taking big bets and the psychological dilemmas it can create.

Winning in the short term is great, but to win consistently, you need a sustainable strategy you can maintain conviction in.

Return on effort in the real world matters.

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In this episode, I share my thoughts on the current state of Bitcoin.

While I recognize the benefits of economic empowerment bitcoin provides, I remain skeptical of the hype as a long-term investment vehicle.

 

 

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Equity compensation can be a complicated financial planning topic to navigate especially if your company doesn't have the resources to provide the necessary education to help you make an informed decision.

In this episode, I share some of the common top mistakes I see people make with their equity compensation.

A broken clock may be right twice a day, but those shouting claims of market crashes are wrong far more often.

Market corrections and crashes are part of investing.

Putting yourself in a position to remain disciplined during periods of panic is a far more practical strategy on the path to F.I.

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In this episode, I share my initial takeaways from Biden's "American Families Plan" Tax Proposal including planning strategies to consider for the rest of 2021.

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It's not always about maximizing the monetary aspects of your finances. When are you doing enough? Are you spending in a way that provides happiness in the short term?

There's an opportunity cost to how we spend our time. Don't overlook the ways you can find balance by being more intentional.

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When considering the opportunity cost of investment decisions, it's important to have a benchmark to compare to for perspective around expected returns.

If you believe in the future of innovation, competition, and population growth, the global stock market is an excellent benchmark.

Technology has democratized access to low-cost diversified investing.

With a handful of ETFs, you can access a large portion of the investable global equity market.

Because of the low costs, (lack of) barrier to entry, and reasonable expected returns, the global stock market should be a starting point for comparing the opportunity cost of alternative investments and ultimately return on effort.

Anyone can throw money at an investment. I’m way more fascinated by someone with skin in the game actually building a business.

Especially when they lead with transparency around “how I built this.”

In this podcast episode, I share with you why it's better to invest in yourself than throwing money at an investment.

 

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If you own shares in a private company that turns into a publicly-traded company — you’ve already won.   HOWEVER, once the shares are traded publicly, all bets are off. Why? Because historically, IPOs have generally underperformed broader market benchmarks due to their fundamental characteristics.    

 

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When it comes to the technical side of financial planning, there are three metrics I consistently come back to for determining the health of someone's finances.

Each metric is important depending on where you are in your financial journey.

In this episode, I share my thoughts on the importance of each metric and when you should start emphasizing tracking each one.