In previous episodes, we’ve covered people who are primarily known as investors. Arnold is more known for his bodybuilding, acting and political careers -- but this guy is a super smart investor as well.

He started from $0 and now has a fortune estimated to be around $400 million dollars. In this episode we cover some great investments that Arnold made. We’ll discuss his real estate deals, movie negotiations and that time he bought a Boeing 747 as an investment!

Sources:

https://www.amazon.com/Total-Recall-audiobook/dp/B009JY6WEQ/ref=sr_1_1?dchild=1&keywords=total+recall+book&qid=1630260191&sr=8-1

Podcast website:

Wall Street Vision Investing Podcast

Get in touch with Vlad:

Wall Street Vision - Contact

Disclaimer:

This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.

There’s a Warren Buffett quote where he says that if he was starting investing today with a $1 million portfolio, he’d have a return of 50%. He’s one of the best investors of all time, so I’ll take his word for it!

In investing you often hear about the big institutional investors having all the advantages. But there are some good things about being a small and nimble investor as well. Check out this episode for some of the advantages that small investors have in the markets, and some ideas on what Buffett might do if he was starting investing today.

Sources:

https://finance.yahoo.com/news/think-could-50-warren-buffett-180028441.html

Podcast website:

Wall Street Vision Investing Podcast

Get in touch with Vlad:

Wall Street Vision - Contact

Disclaimer:

This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.

Mohinsh Pabrai is a great investor that contributes a lot to the investment community by sharing lots of his ideas/ investment methods. In this episode we’ll cover his investment process. We'll discuss:

Timestamps:

1:32 - The incredibly story of how a checklist saved thousands of lives

5:52 - Mohnish Pabrai’s investment process

10:32 - Mohnish Pabrai’s investment checklist

15:44 - Takeaways from the episode

Sources:

https://www.hopkinsmedicine.org/news/media/releases/three_years_out_safety_checklist_continues_to_keep_hospital_infections_in_check

https://www.youtube.com/watch?v=S2x2yofovCM&ab_channel=TheHealthcareChannel

https://www.youtube.com/watch?v=963Mg7TYMH0&ab_channel=TEDxTalks

https://www.forbes.com/sites/investor/2017/08/14/build-an-investment-checklist-using-buffetts-investment-criteria/?sh=4432f876bdce

https://www.eaglepointcap.com/blog/charlie-mungers-investment-checklist

https://www.youtube.com/watch?v=bSG8eb71Sps&ab_channel=YAPSS

Podcast website:

Wall Street Vision Investing Podcast

Get in touch with Vlad:

Wall Street Vision - Contact

Disclaimer:

This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.

In investing it’s really important to separate out luck vs skill. Luck is fleeting, but skill is where investors can get better investment performance over time. Michael Mauboussin wrote a great book on the topic called “The Success Equation”.

In this week’s episode we cover a few takeaways from the book and we discuss how investors can shift from relying on luck to using skill. We also discuss the importance of having good decision-making, and that bad results don’t always mean a flawed decision-making process.

Sources:

https://www.amazon.com/Success-Equation-Untangling-Business-Investing/dp/1470346729

https://www.youtube.com/watch?v=TLQ6o_Jx0Rs&ab_channel=CreditSuisse

https://www.youtube.com/watch?v=wVUn62rHMz8&ab_channel=WealthTrack

https://25iq.com/2016/10/01/a-dozen-things-you-can-learn-by-reading-the-success-equation-by-michael-mauboussin/

Podcast website:

Wall Street Vision Investing Podcast

Get in touch with Vlad:

Wall Street Vision - Contact

Disclaimer:

This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.

Human beings have lots of “mental blind spots” that make successful investing hard. Dan Ariely wrote about a bunch of these in his book “Predictably Irrational”. There’s lots of great info in the book that shows you how these blind spots work. In this episode, We’ll explore two of these blind spots:

The Endowment Effect causes people to fall in love with the things they own ...and if you fall in love with an investment, it's hard to be rational about it. Arbitrary Coherence is all about how prices become "sticky" in your brain. That can cause you to start thinking that something is a good deal when it really isn't. 

Those concepts might seem a bit fuzzy, but in the episode, we explore them in depth with lots of stories and examples. Check out the episode to learn about how they work, and tips on avoiding their subconscious influence.

Sources:

https://www.amazon.com/Predictably-Irrational-Revised-Expanded-Decisions-ebook/dp/B002C949KE

Podcast website:

Wall Street Vision Investing Podcast

Get in touch with Vlad:

Wall Street Vision - Contact

Disclaimer:

This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.

Someone asked Warren Buffett about the best money advice that Warren has ever received. Warren’s answer was ‘Chapters 8 and 20 of the Intelligent Investor’.

When an investment GOAT says something so specific, I take note! In this episode, I’ve dusted off my copy of the classic investment book to share those lessons with you.

The lessons come down to:

1. Having a proper attitude toward markets

2. Looking at stocks as businesses

3. Operating with a margin of safety

Check out this episode for a breakdown of each of those key investment lessons.

Sources:

The Intelligent Investor by Ben Graham:

https://www.amazon.com/Intelligent-Investor-Definitive-Investing-Essentials/dp/0060555661

https://www.forbes.com/sites/schifrin/2013/06/05/two-book-chapters-that-changed-warren-buffetts-life/?sh=7a1fdb2869d3

https://www.intelligentinvestor.com.au/investment-news/the-secrets-of-chapters-8-and-20/54219

Podcast website:

Wall Street Vision Investing Podcast

Get in touch with Vlad:

Wall Street Vision - Contact

Disclaimer:

This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.

If you haven't heard of him, Masa is a tech super-investor. He has an incredible story where his burning desire to succeed led him to:

In this episode we cover this amazing story and we also discuss the key takeaways from his success.  

Sources:

https://www.wsj.com/articles/SB948202996877749173

https://www.youtube.com/watch?v=Sa2_VBu0d7k&ab_channel=DavidRubenstein

https://hbr.org/1992/01/japanese-style-entrepreneurship-an-interview-with-softbanks-ceo-masayoshi-son

https://www.japantimes.co.jp/news/2020/06/25/business/corporate-business/softbank-masayoshi-son-alibaba-jack-ma/

http://content.time.com/time/world/article/0,8599,2054856,00.html

https://ejournal.aibpm.org/index.php/JCDA/article/download/342/345

Podcast website:

Wall Street Vision Investing Podcast

Get in touch with Vlad:

Wall Street Vision - Contact

Disclaimer:

This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.

The Medallion Fund is the best performing fund in investing history. It has averaged over 66% before fee average returns since inception! Wowza!

In this episode we cover the story of how Jim Simons started the Renaissance Technologies hedge fund in the late 70’s, and how they’ve achieved such amazing investment success through their Medallion Fund.

Check out this episode to learn about the story of Renaissance Technologies, as well as some details on how they’ve achieved these jaw-dropping results.

Whitepaper:

https://www.cornell-capital.com/blog/2020/02/medallion-fund-the-ultimate-counterexample.html

Sources:

https://www.youtube.com/watch?v=VjuL1TH_cWY&ab_channel=TheCompound

https://www.youtube.com/watch?v=hvUyuo53kQQ&t=112s&ab_channel=BenFelix

https://www.youtube.com/watch?v=BwT4dJ6y-2k&ab_channel=WarrenBuffettSuccess

https://www.youtube.com/watch?v=IZeo-Vj4dco&ab_channel=WallStreetTalks

https://www.institutionalinvestor.com/article/b1rgwjlwfqccst/The-Medallion-Fund-Is-Still-Outperforming-Other-Renaissance-Funds-Still-Aren-t

https://www.youtube.com/watch?v=U5kIdtMJGc8&t=35s&ab_channel=TED

Podcast website:

Wall Street Vision Investing Podcast

Get in touch with Vlad:

Wall Street Vision - Contact

Disclaimer:

This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.

Short selling has been in the news a lot lately. Lots of big name hedge funds are feeling the heat form short selling "meme stocks". In this episode we look into the story of when David Einhorn (of Greenlight Capital) shorted Allied Capital. This is a crazy story that includes a PR smear campaign, stolen phone records and David's wife getting fired from her job. Wowza! It's a wild tale! Check out this episode to learn what happened, and some key lessons from the whole ordeal. 

Sources:

https://www.amazon.ca/Fooling-Some-People-All-Time/dp/B071VQDGVH/ref=sr_1_2?dchild=1&keywords=fooling+some+of+the+people&qid=1625423794&sr=8-2

https://seekingalpha.com/article/195825-ares-buys-allied-capital-whats-next

https://www.fool.com/investing/general/2015/03/26/allied-capital-5-years-after-its-downfall.aspx

https://www.cfainstitute.org/en/research/financial-analysts-journal/2009/fooling-some-of-the-people-all-of-the-time

Podcast website:

Wall Street Vision Investing Podcast

Get in touch with Vlad:

Wall Street Vision - Contact

Disclaimer:

This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.

George Soros is known as the guy who broke the bank of England. He made over a billion dollars from his famous trade! Wowza! Check out this episode to learn how he did it. We also cover why currency trading is an incredibly hard way to make money.

Sources:

https://www.forbes.com/sites/steveschaefer/2015/07/07/forbes-flashback-george-soros-british-pound-euro-ecb/?sh=433eb21b6131

https://en.wikipedia.org/wiki/Black_Wednesday

https://www.investopedia.com/terms/b/black-wednesday.asp

https://opentextbc.ca/principlesofeconomics/chapter/29-2-demand-and-supply-shifts-in-foreign-exchange-markets/

https://www.investopedia.com/ask/answers/022415/how-does-inflation-affect-exchange-rate-between-two-nations.asp

https://www.theguardian.com/business/2012/sep/13/black-wednesday-20-years-pound-erm

https://www.independent.co.uk/news/wednesday-16-september-1992-5386567.html

Podcast website:

Wall Street Vision Investing Podcast

Get in touch with Vlad:

Wall Street Vision - Contact

Disclaimer:

This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.