Dan has a confession from his 30s: he lost significant money three times on investments that had one thing in common. This is the lesson he had to learn more than once before it actually changed how he invests.

Dan talks through why trusting friends and family for investment advice is a trap, even when their intentions are good, and why that's especially true in communities where financial advice travels through personal relationships. He also shares what he actually recommends now: the rule of 72, broad diversified portfolios, and why even Warren Buffett doesn't recommend his own fund to his family. He ends with what he now teaches his own kids about money.

00:00 | A hard lesson from my 30s

01:08 | Why friends and family aren't investment experts

02:23 | Three investments, three zeroes

03:38 | The smarter approach to investing

This podcast is brought to you by DataBased. Your partner in building revenue teams that actually perform.

⁠⁠⁠Book a meeting.