In this episode I'm speaking with Morgan Housel. Morgan is a partner at the Collaborative Fund, an award winning columnist and author of the book The Psychology of Money.

Episode show notes: The Richards Report show notes

In this episode we cover the following topics;

 •Our similar non-traditional paths into finance and investing
 •The similarities between luck and risk
 •How a small amount of investment decisions often drive the majority of returns for investors
 •The thin line between success and failure
 •How your behaviour is more important than what you know
 •The power of compounding in all parts of life
 •The dangers of comparing ourselves to to others

Book: The Psychology of Money
Twitter: @morganhousel

This episode is brought to you by Six Park, one of Australia's leading online investment management services. To find out more go to www.sixpark.com.au

Investor Psychology with Morgan Housel

*** Finalist at The Australian Podcast Awards 2019 &amp; 2020 ***
Do you want to learn more about investing? How to improve decision making and time management from business leaders around the world?
Hi, I'm Ted Richards and in this podcast I speak with experts from around the world to explore and learn ways we can make smarter decisions when it comes to investing money and time. I love talking to talented investors, athletes and professors about how they succeeded and what we can learn from them to improve our own performance. My former guests include Scott Galloway, Morgan Housel, Harvard/Wharton Professors, Fund Managers and former professional athletes.

The Richards Report podcast has been a finalist at the Australian Podcast Awards in the category of Best Business Podcast.

Business

Investing

Careers

Management & Marketing

Business News

Shopping

In this episode of The Richards Report host Ted Richards and Heaps Normal Co-Founder & CEO, Andy Miller discuss the rise of no/low alcoholic drinks. Discussion includes the following;

 •Global trends of non-alcoholic drinks around the world
 •The brands having most success with non alcoholic drinks
 •New ways non-alcoholic beer can be brewed
 •Starting a business and going through the Startmate process
 •The impact COVID has had on the business
 •Previous episodes referenced: Nick Crocker and Matt Allen

Heaps Normal is available all over Australia. It can also be purchased direct through the Heaps Normal website. Use discount code: richardsreport to receive free postage.

*As discussed in the episode I am an investor in Heaps Normal. But there are many other great non-alcoholic drink companies, all discussed in the episode, including Sobah, Up Flow, Lyres & Seedlip.

Innovation in non-alcoholic drinks with Andy Miller (Heaps Normal)

In this episode of The Richards Report host Ted Richards and guest Jobe Watson discuss;

 •How commentary of AFL games has changed due to COVID
 •The latest on Jobe's cafes (Hole in the Wall) in the US and navigating an American hospitality business through COVID
 •Jobe's new business venture, Morning Joe high-quality instant coffee. If you would like to order Morning Joe use the discount code RICHARDSREPORT at checkout for 20% off your order
 •We revisit Jobe's early calls on cryptocurrencies from over 4 years ago
 •Jobe discusses working in the property industry throughout COVID, how quickly sentiment shifted in 2020, and his thoughts on the current market.

Jobe Watson discussing Australian property, New York cafes and launching his new business venture

Whisky Loot and Gin Loot are liquor subscription businesses. In the discussion we cover;
- How Joel is disrupting the traditional retail model/experience for selecting and buying spirits
- The benefits of a direct to consumer business like this
- The paradox of choice when it comes to making a decision

If you are interested in trying Whisky Loot and/or Gin Loot out use promo code TRR20 for 20% off your first order

Whisky Loot 
https://whiskyloot.com/

Gin Loot
https://ginloot.com/

Click here to donate/support my challenge in Fred's Big Run and support the Fred Hollows Foundation
https://www.fredsbigrun.org/fundraisers/tedrichards/freds-big-run-2021

Follow me on Instagram
Instagram: https://www.instagram.com/tedrichards25/?hl=en

Whisky Loot and Gin Loot with Joel Hauer

Here is a re-release of an episode I recorded back in May of 2019 and I want to bring it back to the top of your feed if you missed it the first time as much has happened since it was first released.
Nick Hungerford is the founder of Nutmeg, the largest robo-adviser in Europe. He is also a digital ambassador for the UK Department of International Trade, a member of the European Power 50 and recipient of Spears Entrepreneur of the year award. In this episode, we discuss the challenges of being an entrepreneur and raising money and growing a Fintech business. In a relatively short period of time Nutmeg has opened up professional investment management to segments of people in the UK that have never had access to it before.
Nick has since stepped away from Nutmeg and is now involved in a venture capital fund in Singapore called Portage.

To sign up and join the Richards Report Team for Fred's Big Run click here; https://www.fredsbigrun.org/fundraisers/teamrichardsreport

Or click here to donate/support my challenge in Fred's Big Run
https://www.fredsbigrun.org/fundraisers/tedrichards/freds-big-run-2021

Instagram: https://www.instagram.com/tedrichards25/?hl=en

Nick Hungerford - Co-Founder of Nutmeg [REPLAY]

Ted and Matt discuss the following topics;
- The usual venture capital (VC) model and what makes the Tractor model different
- Typical risks investing in early-stage investments (and potential rewards) 
- What makes a good early-stage investor
- The Startmate program

To sign up and join the Richards Report Team for Fred's Big Run click here; https://www.fredsbigrun.org/fundraisers/teamrichardsreport

Or click here to donate/support my challenge in Fred's Big Run
https://www.fredsbigrun.org/fundraisers/tedrichards/freds-big-run-2021

Investor Psychology with Morgan Housel

Download our free app to listen on your phone