Influence is a precursor to success. If you want to earn more money, save more money, start a business, or raise kind kids, you need influence. In this video, we share seven ways you can win more influence as you seek to build an above average balance sheet.
Tom, Jacob, and Noah on this episode also talk about Tom’s time in New York, Stan Druckenmiller’s quote about free money, the 16 levels of wealth according to Morgan Housel, the “civil war” in Silicon Valley, the three outcomes in housing, the genius of Bob Iger, and one of the wildest pieces of click bait I have seen.
Email us at laminatemoneypodcast@fjellcapital.com for questions or suggestions for future topics.
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Show Notes
Suggestion
https://www.fjellcapital.com/posts/how-to-increase-your-influence-and-achieve-success
What Went On
16 levels of wealth (https://collabfund.com/blog/the-spectrum-of-financial-dependence-and-independence/)
Civil war in Silicon Valley (https://www.tabletmag.com/sections/news/articles/silicon-valley-civil-war)
The 3 options for housing (https://awealthofcommonsense.com/2023/05/the-housing-market-lottery/)
Genius of Disney (https://www.wsj.com/articles/netflix-pitches-advertisers-as-ad-tier-trails-smaller-rivals-dd394ffb?mod=hp_lead_pos3)
The craziest headline I have seen in a while - “Home Prices Posted Largest Annual Drop in More Than 11 Years in April” (https://www.wsj.com/articles/home-prices-posted-largest-annual-drop-in-more-than-11-years-in-april-613f2d58)
Quote of the week
“If you give people free money, they will do stupid things.” - Stan Druckenmiller
