Podcast Notes Playlist: Latest Episodes

• Capital providers are waiting for interest rates to stabilize prior to coming back into the real estate market
• Despite how it may seem on Twitter, it is actually really hard to make money in the real estate business
• Class A storage is branded as “nice storage” but it requires renting a truck, moving your stuff with a dollie, putting it on an elevator, etc. 
• As interest rates rise, the people with the capital can now park it in treasury bills and earn 4-5% “risk-free” instead of allocating to real estate ventures 
• The risk-free rate is no longer 0% like it was for much of the last several years
• Many real estate investors, accountants, and CPAs are not aware of cost segregation
• Any real estate that people have bought after September 2017 can still be cost-segregated, or “cost-segged” by filing a Form 3115 
• Cost segregation is effectively borrowing money from the IRS and works best when you plan to hold the property for several years 
• You get a look into someone’s brain when you follow them on Twitter
• Sharing what you know on Twitter can pull forward your career trajectory by twenty years 
• Twitter is a modern-day business tool to build trust and friendships at scale
• The ability to simplify complex topics and share that with the world is a superpower 

Today’s episode is a repost from The Fort podcast by Chris Powers that originally aired on February 16th, 2023. I sit down with Chris and my business partner Mitchell Baldridge to discuss the current real estate market, how Twitter changed our lives, and Mitchell and I’s new business RE Cost Seg.

Chris is a mentor of mine and I highly recommend listening to his podcast, The Fort. https://www.thefortpod.com

If you want to learn more about RE Cost Seg, please click here. https://www.recostseg.com

Thank you and I hope you enjoy the conversation.

FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03

Check my free resources about Real Estate: https://sweatystartup.com/courses/

Check out my free Delegation / Hiring 101 course!
Click here: https://nickhuber.podia.com/delegation-hiring-101

We're hiring! Visit:
https://sweatystartup.com/hiring

Check my free resources about Real Estate: https://sweatystartup.com/courses/

Read the full show notes here: https://sweatystartup.com/series/the-nick-huber-show/

Join my Real Estate community here: https://sweatystartup.com/rec

Special thanks to the sponsors:
• https://junipersquare.com
• https://recostseg.com/

Twitter Growth Mastery Course: https://sweatystartup.com/twitter

Want to hire me as a consultant? Click here: https://sweatystartup.com/storage

Have some questions? Send me an email and I'll feature you in the next episode: [email protected] 

• Words that used to carry a certain weight are now levied all the time, and this debases their meaning 
• The Woozle Effect: An article makes a claim without evidence, is then cited by another, which is cited by another (and so on), until the range of citations creates the impression that the claim has evidence when really all articles are citing the same uncorroborated source 
• The Toxoplasma of Rage: Narratives that do the best in the digital age are narratives that not everybody thinks are true, but those that divide people the most
• Golden Hammer: When someone, usually an intellectual who has gained a cultish following for popularizing a concept, becomes so drunk with power he thinks he can apply that concept to everything 
• The Streisand Effect: A narrative that people are trying to suppress will eventually leak out, and it becomes even more appealing to everyone else because of the very fact that it was suppressed
• Our minds are configured not to argue for what is true, but for what we want to believe and what we need to believe in order to be part of the tribe 
• Purity Spiral: Members of political tribes inevitably begin competing with their fellows to be the most ideologically pure. The constant one-upmanship toward moral superiority causes the whole group to become more extreme gradually. 
• You cannot censor an avalanche 
• “Certainty is the death of thought.” – Gurwinder Bhogal

Gurwinder Bhogal is a writer and programmer who writes about the myriad ways in which technology and psychology conspire to fool us and how we can withstand the covert assault on our senses.

Gurwinder is known for his epic Twitter ‘Megathreads’ which set out a series of powerful concepts for understanding the world.

He joins the show to discuss our tendency to narrativize information, how to overcome the bandwidth tax, why Wikipedia is the world’s largest source of misinformation, and MUCH more!

Important Links:

• Megathread: Feb 7, 2020 (53,000 likes)
  
• Megathread: Feb 11, 2022 (62,000 likes)
  
• Megathread: March 18, 2023 (most recent)
  
• Gurwinder's Substack
  
• Gurwinder's Twitter
  
• The Toxoplasma of Rage
  

Show Notes:

• Megathreads & the Woozle effect
  
• AI, the Encyclopedia Disinformatica, and cultivating a garden of Mithridates
  
• Capturing the nuance between dishonesty and lying
  
• The Toxoplasma of Rage
  
• Overcoming the bandwidth tax
  
• Brandishing the golden hammer; why we can’t comprehend large numbers
  
• Tribalism & intersubjectivity
  
• The purity spiral
  
• Are we facing a lost generation?
  
• We are programmed to like complex explanations
  
• Narrativizing information
  
• “Certainty is the death of thought”
  
• Climbing the thinking ladder
  
• MUCH more!
  

Books Mentioned:

• The Fifth Science; by Exurb1a
  
• Talking to Strangers; by Malcolm Gladwell
  
• Tao Te Ching; by Lao Tzu
  
• What's Our Problem?: A Self-Help Book for Societies; by Tim Urban

• Check Out the What Got You There Podcast Episode Page & Show Notes

Sean Foley is regarded as one of if not the greatest golf teachers in history. Sean has coached some of the best players in the world including Tiger Woods, Justin Rose, Cameron Champ, Lydia Ko, and Danny Willett. He has been voted as the top golf teacher in the world by players on the PGA Tour.

 Sean Foley Performance in Orlando, Florida, offers elite golf training and a world-class experience for players of all ages. Sean’s core teaching philosophy is driven by a passion to help golfers evolve into the best players and people they can be, incorporating biomechanics, leading technology, physiology, performance psychology and philosophy into his instruction.

On this episode Sean dives into the biggest barriers people need to overcome for high performance, how to challenge your beliefs that are holding you back and what he’s learned coaching some of the all time great players in the world. 

Click HERE for Episode Notes 

https://www.seanfoleygolf.com/

www.whatgotyouthere.com

I've studied hundreds of the world's must successful people and compiled:13 Insights from the World’s Most Successful People - Click Here to get access 

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You Unleashed is an online personal development course created by Sean DeLaney after spending years working with and interviewing high achievers.The online course that helps you ‘Unleash your potential’!

You Unleashed teaches you the MINDSETS, ROUTINES and BEHAVIORS you need to unleash your potential and discover what you’re capable of.

You know you’re capable of more and want to bring out that untapped potential inside of you.

We teach you how.

Enroll Today!- Click Here

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How much does knowledge cost? While that sounds like an abstract question, the answer is surprisingly specific: $3,096,988,440.00. That’s how much the business of publishing scientific and academic research is worth. 

This is the story of one woman’s battle against a global network of academic journals that underlie published scientific research. In 2011, Alexandra Elbakyan had just moved home to Kazakhstan after a disappointing few years trying to study neuroscience in the United States when she landed on an internet forum where a bunch of scientists were all looking for the same thing: access to academic journal articles that were behind paywalls. That’s the moment the very simple, but enormously powerful, website called Sci Hub was born. 

The site holds over 88 million articles and serves up about a million downloads to people in practically every country on the globe. We travel to Kazakhstan to meet the mysterious woman behind it all and to find out what it takes to make everything we know about anything available to anyone anywhere, for free.Special thanks to Vrindra Bhandari, Balázs Bodó, Stephen Buranyi, Ian Graber-Stiehl, Joel Joseph, Noorain Khalifa, Aparajita Lath, Steve McLaughlin, Marcia McNutt, Randy Scheckman Tanmay Singh, Deborah Harkness, Joe Karaganis, Lawrence Lessig, Glyn Moody, and Steven Press.

Episode Credits:Reported by - Eli CohenReporting help from - Karishma Mehrotra, Emily Krumberger and Norihelys RamosProduced by Simon Adlerwith help from - Eli CohenOriginal music and sound designed by - Simon AdlerMixing by - Jeremy BloomEdited by - Alex Neason

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• People live out all of the potential downsides in the mere reflection of what other people will think about them in the future, should they fail
• Shame only exists in the shadows; identify when you have the hesitation to confront something and ask yourself why you may be experiencing that hesitation
• The difference between successful people and the most successful people is that the most successful people say no to almost everything 
• Success comes down to doing the obvious thing for an extraordinary period of time without convincing yourself that you are smarter than you are 
• The first step to achieving a massive dream is conquering tiny impulses 
• Opportunities only look like opportunities in the rear-view mirror; today, they only seem like risk 
• Most of the pain that people experience is purely in their own minds
• There is always someone who has had it worse and has done it better 
• Power follows the blame finger: you give power to wherever you point the blame to
• Pain moves people far more effectively than pleasure does
• We commonly sacrifice the thing we want for the thing that is supposed to get it  
• Three most common traits that hyper-successful people have: a superiority complex, insecurity, and impulse control 
• What is the thing that you can do longer than anyone else where to them it looks like work, and to you, feels like play? 
• Constantly ask yourself: “What are we optimizing for?”
• Try to be directionally correct instead of trying to be absolutely correct    

Alex Hormozi is a founder, investor and an author.

Alex's Twitter has been one of my favourite sources of great insights over the last year. Today we get to go through some of my favourite lessons from him about life, human behaviour, psychology, business and resilience. This is really good.

Expect to learn how your ego is keeping you poor, why you never need to care about what anyone else thinks of you, why having a life that sucks is actually a blessing, whether most easy opportunities are just distractions, how to conquer your tiny impulses, why you are built to deal with things being hard, how to beat anyone who ever copies you and much more...

Sponsors:

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Get the Whoop 4.0 for free and get your first month for free at http://join.whoop.com/modernwisdom (discount automatically applied)

Extra Stuff:

Follow Alex on Twitter - https://twitter.com/AlexHormozi

Follow Alex on Instagram - https://www.instagram.com/hormozi/ 

Get my free Reading List of 100 books to read before you die → https://chriswillx.com/books/

To support me on Patreon (thank you): https://www.patreon.com/modernwisdom

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