Shows
My Worst Investment Ever PodcastEnrich Your Future 32: Trying to Beat the Market Is a Fool’s ErrandIn this episode of Enrich Your Future, Andrew and Larry Swedroe discuss Larry’s new book, Enrich Your Future: The Keys to Successful Investing. In this series, they discuss Chapter 32: The Twenty-Dollar Bill.LEARNING: Trade as if the markets are efficient, even though they are not. “If the markets were perfectly efficient, then no one would discover anything about a mispriced stock. There would be no abnormal behaviors or biases, such as investors preferring to buy lottery stocks; therefore, there would be no incentive for investors to conduct any research. This would make the marke...
2025-05-1325 min
My Worst Investment Ever PodcastAndrew Stotz - I, Coffee: The Capitalist Miracle Behind Your Morning CupI, Coffee: The Capitalist Miracle Behind Your Morning CupI am the cup of coffee warming your hands right now. A simple drink with a story no government could brew. My journey from a cherry on a tree to your morning ritual is a testament to freedom, ambition, and human ingenuity.I exist not because of a single plan by a government or business but because of countless decisions, risks, and exchanges made by individuals and companies.I am the child of voluntary trade, fierce competition, and the pursuit of profit, all working...
2025-04-1607 min
My Worst Investment Ever PodcastAndrew Pek - Immersive Learning Experience with VR TechnologyBIO: Andrew Pek is a co-founder of Amiko XR Inc., a groundbreaking company that leverages VR and AI technologies to create immersive, personalized learning experiences available 24/7.STORY: Andrew shared his worst investment ever story on episode 376: Build Revenue in Your Startup Before You Build Up Cost. Today, he discusses his new business.LEARNING: Learning can be more immersive, sparking curiosity and excitement. “Thank you so much, Andrew, for having me on your podcast. It’s great to see you. I am excited about the future.”Andrew Pek Guest profileAn...
2024-08-1539 min
My Worst Investment Ever PodcastISMS 42: Emerging Markets Are Hurting, but CheapClick here to get the PDF with all charts and graphs Introducing emerging marketsOur FVMR frameworkFundamentals: Emerging markets are about 20% less profitableValuation: Emerging markets are about 41% cheaperAsset class and region/country allocationsIntroducing emerging marketsOur FVMR framework Fundamentals: Emerging markets are about 20% less profitable Valuation: Emerging markets are about 41% cheaper ...
2024-07-2607 min
My Worst Investment Ever PodcastISMS 40: Larry Swedroe – Market vs. Hedge Fund Managers’ EfficiencyIn this episode of Investment Strategy Made Simple (ISMS), Andrew gets into part two of his discussion with Larry Swedroe: Ignorance is Bliss. Today, they discuss two chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this series, they discuss mistake 30: Do You Fail to Understand the Tyranny of the Efficiency of the Market? And mistake 31: Do You Believe Hedge Fund Managers Deliver Superior Performance?LEARNING: Discovering anomalies or mistakes reinforces and makes the market more efficient. Hedge fund managers demonstrate no greater ability to deliver above-market returns than do...
2024-03-1939 min
My Worst Investment Ever PodcastISMS 39: Larry Swedroe – Don’t Choose a Fund by Its Descriptive NameIn this episode of Investment Strategy Made Simple (ISMS), Andrew gets into part two of his discussion with Larry Swedroe: Ignorance is Bliss. Today, they discuss two chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this series, they discuss mistake number 28: Do You Fail to Compare Your Funds to Proper Benchmarks? And mistake 29: Do You Believe Active Management Is a Winner’s Game in Inefficient Markets?LEARNING: Don’t choose a fund by its name. Active management is highly unlikely to outperform even in inefficient emerging markets.
2024-03-0743 min
My Worst Investment Ever PodcastISMS 38: Larry Swedroe – The Self-healing Mechanism of Risk AssetsIn this episode of Investment Strategy Made Simple (ISMS), Andrew gets into part two of his discussion with Larry Swedroe: Ignorance is Bliss. Today, they discuss Larry’s recent piece, The Self-healing Mechanism of Risk Assets.LEARNING: Don’t engage in resulting because there will be periods when an investment will underperform and others when it outperforms. Resist recency bias. Avoid performance chasing. “You don’t want to engage in resulting because there will be periods when an investment will underperform and others when it outperforms.”Larry Swedroe In this episode of Investmen...
2024-02-1536 min
My Worst Investment Ever PodcastAndrew Stotz - 8 Benefits of Increasing the Profits of Your BusinessIsn’t Capitalism Great!? Here are eight key benefits of increasing the profits of your business. And I challenge you to set the goal for 2024 to increase the profits of your business.Why is increasing profit so important? Because without profit any business will eventually die. Your obligation as a founder, owner, leader, or director is to ensure that profit remains strong.Reinvestment and Growth: Higher profits enable reinvestment in research and development, operations expansion, infrastructure improvements, and inventory, ensuring growth and long-term sustainability.Attracting Investment: Profitable businesses demonstrate a viable business model and robust financial he...
2024-01-1802 min
My Worst Investment Ever PodcastAndrew Stotz - 27 Top Podcast Interviews of 2023 to Reduce Risk and Increase ReturnIn 2023, I released about 160 My Worst Investment Ever podcast episodes, and this is a list of some of my and my listeners' favorites. I have also created a free “Top 27 from 2023” playlist where you can listen to and view this curated list for free. Just go to My Worst Investment Ever dot com and click the button that says, “Top 27 from 2023.” Since starting this podcast, I have published 760 episodes and look forward to continuing this journey in 2024! I welcome you on my journey “to help 1,000,000 people reduce risk in their lives.”27. Ep738: Neil Johnson – Take the Profit When You Can
2023-12-2821 min
My Worst Investment Ever PodcastISMS 37: Larry Swedroe – Pay Attention to a Fund’s Proper Benchmarks and TaxesIn this episode of Investment Strategy Made Simple (ISMS), Andrew gets into part two of his discussion with Larry Swedroe: Ignorance is Bliss. Today, they discuss two chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this fourteenth series, they discuss mistake number 26: Do You Fail to Compare Your Funds to Proper Benchmarks? And mistake 27: Do You Focus On Pretax Returns?LEARNING: Always run a regression analysis against an asset pricing model on portfoliovisualizer.com. Actively managed funds have higher tax expenses than ETFs and mutual funds. “...
2023-12-0740 min
My Worst Investment Ever PodcastISMS 36: Larry Swedroe – Two Heads Are Not Better Than One When InvestingIn this episode of Investment Strategy Made Simple (ISMS), Andrew gets into part two of his discussion with Larry Swedroe: Ignorance is Bliss. Today, they discuss two chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this thirteenth series, they discuss mistake number 24: Do You Believe More Heads Are Better Than One? And mistake 25: Do You Believe Active Managers Will Protect You from Bear Markets?LEARNING: Invest conservatively instead of following the crowd. The best way to minimize the risks of a bear market is to hyper-diversify. “...
2023-11-2334 min
My Worst Investment Ever PodcastISMS 35: Larry Swedroe – Great Companies Are Not Always High-Return InvestmentsIn this episode of Investment Strategy Made Simple (ISMS), Andrew gets into part two of his discussion with Larry Swedroe: Ignorance is Bliss. Today, they discuss two chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this twelfth series, they discuss mistake number 22: Do You Confuse Great Companies with High-Return Investments? And mistake number 23: Do You Understand How the Price Paid Affects Returns?LEARNING: Great companies are not always high-return investments. Understand how the price paid affects returns. Rebalance your portfolio regularly. “Rebalancing forces you to do th...
2023-11-1639 min
My Worst Investment Ever PodcastISMS 34: Larry Swedroe – Consider All Hidden Costs Before You InvestIn this episode of Investment Strategy Made Simple (ISMS), Andrew gets into part two of his discussion with Larry Swedroe: Ignorance is Bliss. Today, they discuss two chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this eleventh series, they discuss mistake number 20: Do You Only Consider the Operating Expense Ratio When Selecting a Mutual Fund? And mistake number 21: Do You Fail to Consider the Costs of an Investment Strategy?LEARNING: Don’t focus solely on the operating expense ratio when buying a mutual fund; consider hidden costs, too. Alwa...
2023-11-0933 min
My Worst Investment Ever PodcastISMS 30: Larry Swedroe – Do You Believe Your Fortune Is in the Stars or Rely on Misleading Information?In this episode of Investment Strategy Made Simple (ISMS), Andrew gets into part two of his discussion with Larry Swedroe: Ignorance is Bliss. Today, they discuss two chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this tenth series, they discuss mistake number 18: Do you believe your fortune is in the stars? And mistake number 19: Do you rely on misleading information?LEARNING: Stop thinking about having your fortune in the stars. Avoid actively managed funds. Be cautious when evaluating claims about fund performance. “Stop thinking about havin...
2023-09-0831 min
My Worst Investment Ever PodcastISMS 29: Larry Swedroe – The Shiny Apple is Poisonous and Information is Not KnowledgeIn this episode of Investment Strategy Made Simple (ISMS), Andrew gets into part two of his discussion with Larry Swedroe; Ignorance is Bliss. Today they discuss two chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this ninth series, they discuss mistake number 16: Do You Fail To See The Poison Inside the Shiny Apple? And mistake number 17: Do You Confuse Information With Knowledge?LEARNING: Trust, but verify even when working with a financial advisor. Don’t confuse information with knowledge when buying individual stocks. “One of the rul...
2023-08-0755 min
My Worst Investment Ever PodcastISMS 27: Larry Swedroe – Familiar Doesn’t Make It Safe and You’re Not Playing With the House’s MoneyIn this episode of Investment Strategy Made Simple (ISMS), Andrew and Larry discuss three chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this eighth episode, they discuss mistake number 13: Do you confuse the familiar with the safe? Mistake number 14: Do you believe you’re playing with the house’s money? And mistake number 15: Do you let friendship influence your choice of investment advisors?LEARNING: Just because you’re familiar with something doesn’t make it less risky. Diversify globally to get the real benefits of diversification. Your financial advisor is...
2023-07-2550 min
My Worst Investment Ever PodcastISMS 27: Larry Swedroe – Are You Subject to the Endowment Effect or the Hot Streak Fallacy?In this episode of Investment Strategy Made Simple (ISMS), Andrew and Larry discuss two chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this seventh episode, they talk about mistake number 11: Do you let the price paid affect your decision to continue to hold an asset? And mistake number 12: Are you subject to the fallacy of the hot streak?LEARNING: Look at everything you own from an economic perspective and decide whether to keep holding or selling. Avoid FOMO (fear of missing out) and stock picking; build a diversified po...
2023-07-2550 min
My Worst Investment Ever PodcastISMS 26: Larry Swedroe – Are You Subject to the Endowment Effect or the Hot Streak Fallacy?In this episode of Investment Strategy Made Simple (ISMS), Andrew and Larry discuss two chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this seventh episode, they talk about mistake number 11: Do you let the price paid affect your decision to continue to hold an asset? And mistake number 12: Are you subject to the fallacy of the hot streak?LEARNING: Look at everything you own from an economic perspective and decide whether to keep holding or selling. Avoid FOMO (fear of missing out) and stock picking; build a diversified po...
2023-06-3036 min
My Worst Investment Ever PodcastISMS 25: Larry Swedroe – Admit Your Mistakes and Don’t Listen to Fake ExpertsIn this episode of Investment Strategy Made Simple (ISMS), Andrew and Larry discuss two chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this sixth episode, they talk about mistake number 9: Do you avoid admitting your investment mistakes? And mistake number 10: Do you pay attention to the experts?LEARNING: You’ll only learn from mistakes if you admit that you made them. Just because someone is famous and confident in what they’re saying doesn’t mean they’re experts who know what they’re saying. “If you could ad...
2023-06-1626 min
My Worst Investment Ever PodcastISMS 24: Larry Swedroe – Confusing Skill and Luck Can Stop You From Investing WiselyIn this episode of Investment Strategy Made Simple (ISMS), Andrew and Larry discuss two chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this fourth episode, they talk about mistake number 7: Do you confuse skill and luck? And mistake number 8: Do you avoid passive investing because you sense a loss of control?LEARNING: When gauging a fund manager’s performance, consider risk-adjusted performance. If you’re a passive investor and use a systematic strategy, you’re 100% in control. “You have to accept that you can only control wha...
2023-06-0240 min
My Worst Investment Ever PodcastISMS 23: Larry Swedroe – Do You Allow Yourself to Be Influenced by Your Ego and Herd Mentality?In this episode of Investment Strategy Made Simple (ISMS), Andrew and Larry discuss chapters of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this fourth episode, they talk about mistake number five: do you let your ego dominate the decision-making process? And mistake number six: do you allow yourself to be influenced by herd mentality?LEARNING: Don’t let your ego influence your decision-making. Stay disciplined and avoid becoming irrationally exuberant. “The market is a predator preying on the mistakes of investors, their egos, and their herd behavio...
2023-05-0534 min
My Worst Investment Ever PodcastNoel Smith – Always Have Risk Measurements in PlaceBIO: Noel Smith is the Chief Investment Officer of Convex Asset Management and the Head of Options Trading at Tanius Technology. STORY: Noel and his partner invested in a stock whose price kept falling. Every time the price would fall, Goldman Sachs would come in and buy like 50,000 out of the money calls. This made the partners hold onto the stock, eventually riding it to zero.LEARNING: Have risk measurements in place that you know you will not break. Have some percentage that you're willing to lose.“Learning about options and how they aff...
2023-05-0130 min
My Worst Investment Ever PodcastISMS 20: Larry Swedroe – Do You Extrapolate From Small Samples and Trust Your Intuition?In this episode of Investment Strategy Made Simple (ISMS), Andrew and Larry discuss a chapter of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this third episode, they talk about mistake number three: Do you believe events are more predictable after the fact than before? And mistake number four: do you extrapolate from small samples and trust your intuition?LEARNING: Know your investment history. Don’t be subjected to confirmation or recency biases. “The key to long-term success is having a deep understanding of history and not being s...
2023-04-2141 min
My Worst Investment Ever PodcastISMS 19: 5% March 2023 CPI Could Fall to 4% By Year-End; If Oil Doesn’t FlyRemember that CPI is not inflationMar 2023 US CPI was 5%, down from 6% in Feb and off its June 2022 peak of 9.1%Mar 2023, the food component was up 8.5% but has come off its Aug 2022 11.4% peakMar 2023, the energy component was down 6.4, a massive fall from its 41.6% June 2022 peakIn Mar 2023, all other items were flat MoM at 5.6%, down from Mar 2022 6.5% highWithout a surge in oil US, we forecast CPI could end 2023 at 4%Two things that could derail YE23 4% …An oil price surge would push end-2023 slightly higher than 4%, but only slightly because it takes a few months for an oi...
2023-04-1732 min
My Worst Investment Ever PodcastISMS 17: Larry Swedroe – Do You Project Recent Trends Indefinitely Into the Future?In this episode of Investment Strategy Made Simple (ISMS), Andrew and Larry discuss a chapter of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this second episode of the series, they talk about mistake number two: Do you project recent trends indefinitely into the future?LEARNING: Hyper-diversify and rebalance your portfolio. “You cannot run away from risks; you can only choose which risk you’re going to take. Hyper-diversify on as many different unique risks as you can, stay the cause, and rebalance.”Larry Swedroe In today...
2023-04-0730 min
My Worst Investment Ever PodcastISMS 13: Global Interest Rates - Hikes Slow, Inversion Signals RecessionWorld - End of DM ST rate rise, inverted yield curves remain, high rates in EMLevel – High ST global and EM rates, yield curve inversionWorld ST rates at 5.3%, DM 3.6%, EM 7.7%World 1yr rates at 4.4%, DM 3.4%, EM 5.8%World 10yr rates at 4.1%, DM 3.0%, EM 5.6%YoY rise – ST rates up massively YoY, small increase in LT ratesWorld 3m yield was up 3.2ppts, DM up 3.5ppts, EM up 2.6pptsWorld 1yr yield was up 1.9ppts, DM up 2.6ppts, EM up 0.7pptsWorld 10yr yield was up 0.9ppts, DM up 1.3ppts, EM up 0.1pptsProgression – ST rat...
2023-04-0614 min
My Worst Investment Ever PodcastEdward McQuarrie – Never Ever Sell Naked CallsBIO: Edward McQuarrie is Professor Emeritus at Santa Clara University. He writes on market history and personal finance, and his research has been mentioned in columns in the Wall Street Journal, Marketwatch, and Barron’s.STORY: Edward opened an account to trade naked puts. When the financial crisis of 2008 hit, he thought it was a good time to sell his puts. He ended up losing almost all the money in his account.LEARNING: Keep your play money small. Never trade your treasury bond until maturity to avoid losses. “I find intermediate treasuries to be...
2023-03-2237 min
My Worst Investment Ever PodcastDave Collum – What Should the US Be Doing in Ukraine?BIO: Dave Collum is a professor of Organic Chemistry at Cornell University who developed an interest in markets, which, in turn, led to an interest in geopolitics.STORY: Dave talks about his 2022 Year in Review: All Roads Lead to Ukraine.LEARNING: Never trust politicians and bureaucrats. “The more the fact-checkers, the more likely the thing they’re checking is true.”Dave Collum Guest profileDave Collum is a professor of Organic Chemistry at Cornell University who developed an interest in markets, which, in turn, led to an interest...
2023-03-1638 min
My Worst Investment Ever PodcastISMS 8: Larry Swedroe – Are You Overconfident in Your Skills?In this episode of Investment Strategy Made Simple (ISMS), Andrew and Larry discuss a chapter of Larry’s book Investment Mistakes Even Smart Investors Make and How to Avoid Them. In this first series of many, they talk about mistake number one: Are you overconfident in your skills?LEARNING: Don’t be overconfident. Look for value-added information when researching an investment. “When you trade, understand that you’re competing against the market’s collective wisdom.”Larry Swedroe In today’s episode, Andrew chats with Larry Swedroe, head of financial and economic research at Buck...
2023-03-1057 min
My Worst Investment Ever PodcastDudu Cearense – It’s Your Responsibility to Take Care of Your Money and WealthBIO: Dudu Cearense is an ex-soccer player, financial adviser, and private banker.STORY: Dudu’s worst investment ever was not learning about managing his money when he was a successful soccer player.LEARNING: Invest in learning about money management. “Learn how to take care of your money.”Dudu Cearense Guest profileDudu Cearense is an ex-soccer player, financial adviser, and private banker.Worst investment everDudu was a young athlete making good money, just like many professional athletes, but he didn’t know anything a...
2022-11-0232 min
My Worst Investment Ever PodcastAmit Kumar – Invest Long-term but Don’t Forget About ItBIO: Amit Kumar is a nuclear scientist turned serial entrepreneur who never thought of being an entrepreneur and now coaching and mentoring thousands of small business entrepreneurs through the MSMEx platform.STORY: Amit got so engrossed in his first entrepreneurial venture that he forgot about some investments he had made. When he remembered them, he learned that the companies he’d invested in had long been delisted.LEARNING: Define your long-term. Always track your investments. Take care of your own money. “While the principle of long-term investment is good, long term isn’t perpe...
2022-10-1930 min
My Worst Investment Ever PodcastAndrew L. Howell - Don’t Invest in a Business With FamilyBIO: Andrew L. Howell is a Co-Founder of the Salt Lake City law firm York Howell, known as one of Utah’s fastest-growing companies.STORY: Andrew was convinced by his second cousin to enter a business deal with him and another family member. They took out a loan of $1.7 million. The business was a flop, and the two partners abandoned him, leaving him to bear the burden of repaying the loan.LEARNING: Don’t get involved in a business you’re unwilling to invest your time and effort into. Don’t bring partners into your life if...
2022-10-0747 min
My Worst Investment Ever PodcastVijay Pravin Maharajan – Spend Time, Not Money Before You InvestBIO: Vijay Pravin Maharajan is the Founder and CEO of bitsCrunch GmbH, a Blockchain Analytics company focused on securing the NFT ecosystem.STORY: Vijay lost over 90% of his savings after investing blindly in cryptocurrency.LEARNING: Do thorough due diligence before investing in anything. Don’t follow people blindly. “Before you spend your money, take your time to research the investment.”Vijay Pravin Maharajan Guest profileVijay Pravin Maharajan is the Founder and CEO of bitsCrunch GmbH, a Blockchain Analytics company focused on securing the NFT ecosystem.He has...
2022-09-2321 min
My Worst Investment Ever PodcastAndrew Stotz – 15 Risk Reduction Lessons from My Guests15 Risk Reduction Lessons from My GuestsIn this episode, Andrew Stotz explains the 15 risk reduction lessons he has learned from his guests.Download the The Investor's Risk Reduction Checklist.1 Get the power of compounding working for you now, and don’t interrupt it.Dan Solomon from Ep434: The Time to Start Investing Is Now2 Do your own research before making any investment. Do not rely on others.Travis Watts from Ep381: Do Your Due Diligence and Keep Your Investment SimpleC...
2022-07-2906 min
My Worst Investment Ever PodcastAndrew Stotz – 12 Steps to Financial Independence12 Steps to Financial IndependenceDownload the 12 Steps to Financial Independence cheat sheet.In this episode, Andrew Stotz explains the 12 steps to financial independence.1. Have no written financial plan2. Allow others to complicate your investing3. Think short term; start too late4. Want to get rich quick in the market5. Rely on others too much6. Make big mistakes early in life7. Do not save enough money8. Underestimate the impact of fees9. Take too much risk10. Ignore bonds...
2022-07-2208 min
My Worst Investment Ever PodcastAndrew Stotz – 12 Barriers to Financial Independence12 Barriers to Financial IndependenceDownload the 12 Barriers to Financial Independence cheat sheet.In this episode, Andrew Stotz explains the 12 barriers to financial independence.1. Have no written financial plan2. Allow others to complicate your investing3. Think short term; start too late4. Want to get rich quick in the market5. Rely on others too much6. Make big mistakes early in life7. Do not save enough money8. Underestimate the impact of fees9. Take too much risk10. Ignore bonds in...
2022-07-1511 min
My Worst Investment Ever PodcastAndrew Stotz – 10 Harsh Realities Shaping Our Future10 Harsh Realities Shaping Our FutureDownload the 10 Harsh Realities cheat sheet.In this episode, Andrew Stotz identifies and explains 10 harsh realities shaping our future.Politicians created the mess we are inThe Fed is going to crash the marketEurope (esp. Germany) is destroying itselfIt’s a US-Russia, not a Russia-Ukraine showdownGov’ts pushed 100m people into poverty and starvationAmerica openly states that China is enemy #1The US, not China, is the biggest global threatWorld leaders are not nearly as wise as they may appearMass refugee influx is being used as a political tool to cause soci...
2022-07-0815 min
My Worst Investment Ever PodcastMario Bekes – You Don’t Know Everything, So Keep LearningBIO: Mario Bekes began his career with the Department of Defence Republic of Croatia in Military Police/Security Services for seven years. In 1998 he worked for the Department of Foreign Affairs Republic of Croatia in Security Intelligence Services, secondment in Republic of Croatia Consulate General in Sydney for five years before founding Insight Intelligence in 2003.STORY: Mario allowed his ego to make him believe that he knew everything there is to know about running his business, and so he failed to invest in learning.LEARNING: Be open to continuous learning because you can never know...
2022-06-0824 min
My Worst Investment Ever PodcastVanessa Ho – Dig Deep Into the Business ModelBIO: Vanessa Ho built a student-alumni-run angel investment network and educates students and fresh graduates on startup and private sector investments.STORY: Vanessa invested blindly in a startup she was introduced to by an angel investor. She never did any research. There was no market for the company’s product, so it never made any returns.LEARNING: Dig deep into the business model and ensure the startup has a product that the market needs. Don’t invest in a company just because it’s popular and others do it. “Learn the fundamentals of angel i...
2022-05-3024 min
My Worst Investment Ever PodcastJohn Spence – Don’t Let Material Things Define YouBIO: John Spence is an author, international executive coach, professional development educator, virtual trainer, strategic planning facilitator, keynote speaker, and developer of online learning programs.STORY: When John was a young CEO of one of the Rockefeller Foundations, he invested in the trappings of a CEO, such as big houses, boats, wines, artwork, etc., all in the name of impressing people. All these things were lost in days when Hurricane Andrew hit Miami.LEARNING: Don’t let material things define you. The ultimate freedom is the freedom of mind. The accumulation of things is uncorrelated to...
2022-05-2330 min
My Worst Investment Ever PodcastNat Berman – You’re Smart Enough to Invest on Your OwnBIO: 15 years of experience running his own business, more than enough money, time, and freedom; now Nat Berman teaches the practical steps he’s taken to achieve these results in what now takes only 3-4 hours a day.STORY: Nat got wind of a stock that Jim Cramer would tout on his show and invest in. Nat decided to invest $30,000 in the stock without further research. He lost the money in a short period.LEARNING: Do your research. Never buy a stock that somebody tells you about. “Pause. Read. Invest.”Nat Berman ...
2022-05-1835 min
My Worst Investment Ever PodcastRick Gilbert – Most Likely Nobody Will Buy Your BookBIO: Rick is an author of several books and performs one-man shows, bringing alive the stories in his books.STORY: Rick spent $22,000 to produce his first audiobook and made just $500 in sales.LEARNING: Accept that there’s most likely nobody who will buy your book. Figure out how to get your product to the market. “The chances of you doing your memoir and anybody cares about it are almost zero.”Rick Gilbert Guest profileRick Gilbert is the retired founder of PowerSpeaking, Inc, one of Silicon Valley’s most suc...
2022-04-2528 min
My Worst Investment Ever PodcastKanit Nimmalairat – Don’t Go All-in on a StockBIO: Kanit Nimmalairat is the owner of the YouTube channel and Facebook Naiwaen Investment, with over 200,000 followers.STORY: When Kanit started investing, he made his worst investment ever when he went all-in on one commodity stock. The stock was selling at 34 baht, but the price plummeted to 7 baht. Kanit made a 100% loss on that investment.LEARNING: Educate yourself on value investing. Have an investment principle. Consider a stop-loss, especially if you’re new to investing. “Don’t go all in. Instead, build your investment position as you get better at investing.”Kanit Nimmalair...
2022-04-2215 min
My Worst Investment Ever PodcastAndrew Henderson – Become a Nomad NowBIO: Andrew Henderson is a lifelong entrepreneur, world traveler, investor, and founder of Nomad Capitalist. He helps other investors and entrepreneurs create their nomad strategy, go offshore, keep more of their wealth, and enjoy an unprecedented level of global freedom.STORY: For Andrew, his worst investment ever was being born with US citizenship. He’s always felt that had he been born anywhere else, he’d have had an entirely different life. However, he kept staying because many people would call him a traitor and ridicule him whenever he wanted to exit that investment.LEARNING: Go w...
2022-02-2837 min
My Worst Investment Ever PodcastHenry Eisenstein – Get References Before You HireBIO: Henry Eisenstein is a residential and commercial real estate agent and a real estate investor. He has personally sold and been a part of over $120 million worth of real estate transactions.STORY: Henry blindly hired a contractor referred to him by a friend. The contractor was so bad at his job and a project that should have lasted eight weeks took six months. Instead of costing $35,000, Henry spent nearly $60,000.LEARNING: Don’t hire a professional without references. Have good contracts in place that clearly outline milestones and timelines. “Referrals are the easie...
2022-02-2121 min
My Worst Investment Ever PodcastNesli Girgin – Dreams Don’t Always Come True, and That’s OKBIO: Nesli Girgin is a content creator and expert in marketing campaigns, product introduction, and visibility.STORY: Nesli got an offer to move from Istanbul to New York to work for a multinational company. The United States immigration office needed one year of residence payments for her to move. The company only paid three months of residence and disappeared on her. Nesli had made some payments in anticipation of the move. She lost this money.LEARNING: Be patient and kind to yourself even when things don’t turn out as you hoped they would. Bad th...
2022-02-1112 min
My Worst Investment Ever PodcastStu Heinecke – Never Cling to One-to-One LeverageBIO: Stu Heinecke is a bestselling author, one of the Wall Street Journal’s cartoonists, and a twice-nominated hall of fame marketer.STORY: When Stu started his first business, he stuck to one-to-one leverage, making it impossible to scale his business even though he had some of the most elite clients.LEARNING: You cannot scale your business without the right team. Never cling to one-to-one leverage. “If you want to scale something, you have to have a team.”Stu Heinecke Guest profileStu Heinecke is a bestselling author...
2022-02-0234 min
My Worst Investment Ever PodcastAdrian Choo – Get Business Expertise Before Starting Your OwnBIO: Adrian Choo is the One and Only Career Strategist in Asia and is the founder of Career Agility International. In three years, he helped more than one thousand clients successfully achieve clarity to enjoy a happier and even more successful career.STORY: Adrian and his friend started a technology company that ran for three years. They had to call it quits when they couldn’t scale the business.LEARNING: Don’t go into business just because you want to be in business; acquire domain expertise first. Entrepreneurship is a long game. “Don’t t...
2022-01-1419 min
My Worst Investment Ever PodcastAjinkya Kulkarni – Master the Process Not the ResultBIO: Ajinkya Kulkarni is the co-founder and CEO of WintWealth. His company offers high net-worth individuals and retail investors asset-backed fixed income products that provide higher returns than fixed bank deposits.STORY: Ajinkya gave money to a friend who promised to give him a return of nine percent every month. After receiving returns for about a year, payments stopped. He never got back the money he had invested.LEARNING: Focus on the investment process, not the result. "Don’t stop investing. Keep focusing on the process. It's a long game."Ajinkya Kulkarni ...
2022-01-0521 min
My Worst Investment Ever PodcastSatima Meanlamai – Never Stop Investing and LearningBIO: Satima Meanlamai, nicknamed Tao, is the founder of the Vietnam Value Investor group, Thailand.STORY: When Satima started investing in the stock market, she’d only invest in companies she liked and hardly took time to study other stocks or learn more about the companies she invested in. Though lucky initially, this investment strategy didn’t work out for Satima in the long run, and she lost almost all her savings.LEARNING: Invest in yourself and never stop learning. Move beyond home country bias and invest in global stocks. “Hang around people...
2021-12-2220 min
My Worst Investment Ever PodcastBrennan Spellacy – Differentiate Between One-Way and Two-Way Doors in Your LifeBIO: Brennan Spellacy is one of the co-founders and CEO of Patch, the platform for negative emissions.STORY: Brennan got offered a full-time junior software development job at Shopify after completing his internship, but he turned it down so that he could go back to complete his degree. The job came with stock options that would be worth an eight-figure today. He never got to use his degree.LEARNING: Seek help from the right people when making decisions. Ask yourself if your decision is permanent or nonpermanent. “When you’re making a decis...
2021-11-1534 min
My Worst Investment Ever PodcastJam Zulueta – Take Risks and Invest in YourselfBIO: Jam Zulueta is a risk expert in the fintech and digital banking space. He is a career and personal finance coach.STORY: Jam failed to invest in himself for a very long time, and for this reason, he missed out on many opportunities in life.LEARNING: Invest in yourself as early as possible. Take risks, learn new things, and you’ll set yourself apart. “The best investment you can make is an investment in yourself.”Jam Zulueta Guest profileJam Zulueta is a risk expert in the fint...
2021-10-2512 min
My Worst Investment Ever PodcastAndrew Stotz – How to Value a StartupHow to Value a StartupToday I want to talk to you about how to value a startup.This story started when Dan, a podcast listener, replied to my recent weekly email with this question, “How do you value a startup, especially if there is no revenue?”How do you value a startup?To answer this question, I decided to dust off a business plan that I wrote for a client soon after the 2000 dot-com boom and bust. For those of you who were not around then, the dot-com boom saw the...
2021-07-1616 min
My Worst Investment Ever PodcastAndrew Stotz – What It Takes to be Financially World ClassWhat It Takes to be Financially World ClassToday I want to talk to you about what it means to be Financially World Class.Many years ago, the management team of the business I co-own in Thailand, CoffeeWORKS, made it through the tenth year of an annual (and massive) quality audit done by one of our multinational customers. Our customer congratulated us for having World Class quality, the feeling among our management team and all employees was ecstatic. Since that time, we have maintained that World Class level of quality in CoffeeWORKS.Is...
2021-07-0911 min
My Worst Investment Ever PodcastAndrew Bryant – Sunk Cost Does Not Account for the LearningBIO: Andrew Bryant, CSP is a Global expert on Self Leadership, a C-Suite Advisor, an Award-Winning Coach, and a Best-Selling Author.STORY: Andrew invested heavily in a gym with the plan to offer service-based health and wellness. Low-cost gyms came up and swallowed his business.LEARNING: Understand how to get in and out of a business, test your market first and know what your customers want, not what they need. “Sunk cost does not account for the learning.”Andrew Bryant Guest profileAndrew Bryant...
2021-05-2424 min
My Worst Investment Ever PodcastAndrew Woodward – Do Not Invest in a Product before You Understand ItBIO: Andrew Woodward is the founder of The Investor’s Way. He is on a mission to change the financial lives of 1,000,000 people and believes everyone deserves to know how to manage their money for better money outcomes.STORY: Andrew invested in a strategy that seemed to work pretty well. Then he decided to add leverage without first understanding how it would work or affect his investment strategy. Andrew lost the money he invested.LEARNING: Understand what you’re investing in before introducing leverage. Learn how to manage your wealth because you can’t rely on oth...
2021-05-2126 min
My Worst Investment Ever PodcastAndrew Pek – Build Revenue in Your Startup Before You Build up CostBIO: Andrew Pek is an internationally recognized authority on innovation, design thinking, and entrepreneurship.STORY: When Andrew started his first business, he hired the best of the best who also came with high salary expectations. The startup could not handle the payroll, and so Andrew had to let almost everyone go.LEARNING: Starting a business from scratch requires you to be smart and strategic. Have the proper organizational structure to support your business model. “Fail fast so that you can keep on winning.”Andrew Pek Guest...
2021-05-0722 min
My Worst Investment Ever PodcastAndrew Stotz – Valuable Risk–Reduction Advice from GuestsRecently, I posed this question to some of my prior guests, “How would you advise a young person to reduce risk in their life?” The answers rolled in from 40 guests! I grouped the responses into five categories: Building valuable relationships, managing finances, personal growth, risk management, and having awareness. There are tremendous pearls of wisdom!Valuable relationships – Communication with loved ones, mentors, and friendsDon’t be afraid to ask for helpSeek out trusted friends, family members, and mentors and listen to them “Don’t be afraid to ask for help.”Corey Hoffst...
2021-03-2416 min
My Worst Investment Ever PodcastAndrew Muller – Test Your Ideas to Know What the Market WantsBefore becoming a marketing entrepreneur, Andrew Muller worked for Microsoft in their pay per click (PPC) division. His company (Andrew Muller Creative) now specializes in a new type of hyper-agile market testing called The Market Testing Incubator, where he’s able to test hundreds of ideas in a month (his average market test costs $2.63, which is about 50x cheaper than the industry standard) intending to lower lead costs.He helps clients who are spending thousands on media buying a month but aren’t getting the return on investment (ROI) they need. “An ounce of prev...
2021-01-1843 min
My Worst Investment Ever PodcastAndrew Stotz - 49 Incredible Life Lessons I learned in 2020 from 26 Extraordinary PeopleBest of 2020 Podcast Episodes Roundup“Hello, fellow risk-takers, and welcome to My Worst Investment Ever,” that’s how I start every one of the 300+ My Worst Investment Ever Podcast episodes I have recorded. Below are some of the highlights from the 170 people I interviewed in 2020.One of the things that makes the investors, businessmen and women, and experts who come on the show extraordinary is their willingness to share their worst investment with the world. Most people I ask to go on the show say, “No, thank you.”The good news for you is that yo...
2021-01-0614 min
My Worst Investment Ever PodcastAndrew Pierce – Stay Within Your Circle of Competence and Do Your Due DiligenceAndrew Pierce is an independent asset protection consultant and the creator of WyomingLLCAttorney.com. He helps business owners from nearly every industry and with almost any size company to effectively protect their assets through forming LLCs. “The best neighbors are the ones with good boundaries, where you delineate the responsibilities and the rights from the beginning.” Andrew Pierce Worst investment ever Andrew had an equipment leasing company in South Florida. He would lease out tractors and trailers to moving and storage companies; he started the company in colleg...
2020-09-1720 min
My Worst Investment Ever PodcastInspiration in Times of Crisis from David Barnett, Andrew Sherman, & Erik BergmanWe are living through the COVID-19 Coronavirus times. Times of fear, despair, and anxiety. We all need words of hope and encouragement to keep us going. Andrew reached out to our past podcast guests who took a few minutes to share nuggets of wisdom on how to survive and thrive through this epidemic. David Barnett from Ep136: Always Have a Clear Path to Plan B You are not your business. You, as a person, are a wholly distinct and separate thing from your business. There are going to be many businesses that will no longer be...
2020-04-2211 min
My Worst Investment Ever PodcastAndrew Stotz – Don’t Let Panic Drive You Into the Ground During the COVID-19 CrisisWith the novel coronavirus spreading like bushfire all over the world, it is a terrifying time for both individuals and businesses. The future is indeed uncertain, and the anxiety is setting in. Andrew Stotz has lived through many different personal and financial crises over the years. Today he shares his story of loss. It’s not his worst investment but his worst personal moment, and it came with lots of lessons that we can all borrow from to carry us through the current COVID-19 pandemic and the looming economic crisis. “Stay calm, and look...
2020-03-1912 min
My Worst Investment Ever PodcastMichael Michelini – Do Detailed Market Research Before Creating a ProductMichael Michelini is an American social media, e-commerce, and SEO Specialist who has lived in China since 2007. He is a passionate business connector who helps companies do business in China as well as Chinese companies to work in overseas markets. Michael built Global From Asia, a cross-border e-commerce community, to help cross border business owners learn, network, make business partnerships, and grow global businesses. Most recently, he has joined as a partner at Alpha Rock Capital, which is an Amazon FBA investment company. “Don’t get caught up in patents if you’re entrepreneur and investo...
2020-03-1225 min
My Worst Investment Ever PodcastCedric Dahl – You’re Going to Fail Countless Times, Don’t Dwell on the FailuresCedric Dahl is a normal guy who got lucky along the way. He ran one of the first Bitcoin marketplaces in the US with legacy banking and regulatory visibility, all done with Google Ventures & Y Combinator backing. “Whatever it is that you want to do in life, you just gotta show up.” Cedric Dahl Worst investment ever What’s all this Bitcoin business? The first time Cedric heard about investing in Bitcoin was in 2009 when his close friend Bennett came to him excited about this new tren...
2020-02-1700 min
My Worst Investment Ever PodcastJeffrey Hayzlett – Avoid Losing Your Business by Following Customer BehaviorJeffrey Hayzlett is the primetime television host of C-Suite with Jeffrey Hayzlett and Executive Perspectives LIVE on C-Suite TV and is also the host of the award-winning All Business with Jeffrey Hayzlett on C-Suite Radio. Jeffrey is a global business celebrity, Hall of Fame speaker, Chairman, and CEO of C-Suite Network, home of the world’s most trusted network of C-Suite leaders and best-selling author. His most recent book is The Hero Factor: How Great Leaders Transform Organizations and Create Winning Cultures. “When the Q tip meets resistance, stop pushing. When it hurts, pay a...
2020-01-2200 min
My Worst Investment Ever PodcastGeoff Gannon – Watch the Weight of High Debt And Operating LeverageGeoff Gannon is a portfolio manager, podcaster, and investment writer. He manages accounts at Focus Compounding Capital Management, and he co-hosts the Focus Compounding Podcast with Andrew Kuhn. He started writing and podcasting about value investing in 2005, at the ripe young age of 19. Since then, Geoff has written hundreds of articles for Seeking Alpha and Guru Focus. He wrote the Gannon On Investing newsletter in 2006 and two GuruFocus newsletters from 2010-2012. In 2013, he co-founded Singular Diligence (a monthly investment newsletter) with Quan Hoang and authored all issues from 2013-2016. In 2017, he co-founded the Focused Compounding...
2019-11-1428 min
My Worst Investment Ever PodcastAndrew Sherman – Mistakes to Avoid When Selling Your BusinessAndrew Sherman is a partner in the corporate department of Seyfarth Shaw LLP, and serves as the corporate office chair for the Washington DC team. He focuses his practice on issues affecting business growth for companies at all stages, including developing strategies for licensing and leveraging intellectual property and technology assets, intellectual asset management and harvesting, and international corporate transactional and franchising matters. He has served as a legal and strategic advisor to dozens of Fortune 500 companies and hundreds of emerging growth companies. He has represented US and inter-national clients from early stage, rapidly growing start-ups, to...
2019-09-0844 min
My Worst Investment Ever PodcastScott Carson – Double Check the Worst CaseThis podcast was recorded on 25 April 2019, and is dedicated to the birthday of Andrew’s mother, Kathryn Stotz, 81, who was born on that day in 1938. Mrs. Stotz is alive and well and a daily listener of her son’s podcast Scott Carson (aka “The Note Guy”) has been an active real estate investor since 2002, solely focused on the distressed mortgage and note industry since 2008, in which he buys and sells non-performing mortgages directly from banks and hedge funds on properties across the United States. Scott is the CEO of WeCloseNotes.com, an Austin, Texas-based real estate firm. He has p...
2019-07-0823 min
My Worst Investment Ever PodcastIan Ng – It is Hard to Fight Against Falling PricesIan Ng is currently the CFO at Nielsen China and he has spent six years providing accounting and auditing services at Big Four accounting firms, covering manufacturing, construction, and trading services. Prior to that, he spent 13 years in corporate finance, doing mergers and acquisitions and all kinds of business support and business strategies. His expertise incorporates business partnering, which includes contract review, price setting, and market outgrowth approaches. He’s also applied his talents to compliance and effective reporting to US and China accounting standards including GAAP, business performance forecasting and control and strategic planning for organizations to achieve th...
2019-05-0615 min
My Worst Investment Ever PodcastEric Choe – Make an Investment Checklist and Check it TwiceEric Choe started his investment industry career as a sell-side equity analyst in Korea, where he worked with Samsung Securities, ABN AMRO, and Deutsche Bank. After earning his MBA at The University of Chicago Booth School of Business, he worked at Fidelity Investments where he ran the Fidelity Thailand Fund. Currently, Eric manages multi-asset portfolios for high-net-worth individuals at a private bank based in Singapore. “We must have an investment checklist … every investor has different factors they look for when they make investments and watch their investments. And I think everyone has to have a diffe...
2019-05-0517 min
My Worst Investment Ever PodcastAzran Osman-Rani – From Zero to a Billion Dollar IPOAzran Osman Rani is currently the founding CEO of Naluri a digital health technology company that provides a cost-effective and accessible digital health psychology service to help users adopt healthier lifestyle behavior changes. He is active in the internet technology space is a co-founder investor and advisor to iFlix, MoneyMatch, Cognifyx, and YellowPorter. He was previously the CEO and group COO of iFlix – a disruptive Internet TV-and-video-on-demand service that was launched in Kuala Lumpur, Malaysia in May 2015. It now operates across more than 30 markets in Asia, the Middle East, and Africa and has 700 employees, all in less than three years fr...
2019-05-011h 22
My Worst Investment Ever PodcastBeth Azor – Keep your Arrogance and Overconfidence in CheckBeth Azor is a 33-year veteran of the commercial real estate industry and owns Azor Advisory Services, which specializes in consulting services in training, sales, leadership, coaching, acquisition, due diligence, and market analysis. Beth owns and manages a US$79 million portfolio of commercial retail properties in southeast Florida and recently wrote and published a book called Don’t Say No For The Prospect, a collection of stories from her career, and her career as a retail leasing rock star. She is also a frequent guest on business and commercial real estate podcasts has her own Retail Leasing for Rockstars po...
2019-04-2927 min
My Worst Investment Ever PodcastJeyabalan Parasingam – Trust No One, Be Aggressive in Due DiligenceJeyabalan Parasingam is a Certified Public Accountant (MICPA) and a Chartered Financial Analyst (CFA). He has more than 25 years of corporate experience in areas such as finance, taxation, auditing, investment banking, private equity, real estate, and investment management. He’s been instrumental in the set-up of several successful start-ups over the past 15 years with a range of companies involving BPO (business process outsourcing), private equity, real estate, and technology. He has raised more than 600 million US dollars in equity commitments over the past 10 years. “One of the best lessons I’ve learned in stock investment is that there is no amount...
2019-04-2819 min
My Worst Investment Ever PodcastChannarong Kitinartintranee – Do Not Let Past Success Make You OverconfidentChannarong Kitinartintranee is the Senior Financial Advisor of KBank Private Banking Group. He joined Kasikornbank in 2018 with a key focus in Thai economics and equities. Before that, he worked as a mutual fund and institutional private fund portfolio manager at Krung Thai Asset Management with more than 10 billion baht focusing on mid-scale cap stocks. Channarong holds an MSc Finance from Thammasat University and has been a Chartered Financial Analyst (CFA) since 2012. Hear from Channarong as he shares his worst investment story. Know why it is essential always to remember the basics and fundamentals of investing. Learn why w...
2019-02-1417 min
My Worst Investment Ever PodcastNicolas Rabener – Diversification: An Easy Way to Reduce Your Investing RiskNicolas Rabener is the founder of FactorResearch, which provides quantitative solutions for factor investing. Previously he created Jackdaw Capital; an award-winning quantitative investment manager focused on equity market neutral strategies. Before that, Nicolas worked at Government of Singapore Investment Corporation (GIC) in London focused on real estate investments across the capital structure. He started his career working in investment banking at Citigroup in London and New York. Nicolas holds a Master of Finance from HHL Leipzig Graduate School of Management, is a CAIA charter holder and enjoys endurance sports like 100km Ultramarathon, Mont Blanc, and Mount Kilimanjaro. ...
2019-02-1223 min
My Worst Investment Ever PodcastRalph Woodcock – Following the Crowd into Bitcoin DisasterRalph Woodcock is a Partner with St. James’s Place and based in Shenzhen, China. Ralph is an ACIS member of the Chartered Institute for Securities & Investment (CISI) and has worked in the offshore financial services industry for over five years. He is very passionate about delivering tailored and holistic solutions to his clients and committed to building long-term relationships by providing a source of trusted advice dependent on their financial needs. Because of this, Ralph is also an active member of the expatriate community in China. Ralph’s focus is on ensuring his clients receive the best help possible...
2019-02-1011 min
My Worst Investment Ever PodcastOlan Suthivej – What Investors Can Learn From Stock TipsOlan Suthivej is currently the VP of Thailand Investment Banking & Capital Market (IBCM) at Credit Suisse based in Bangkok. He joined Credit Suisse in 2014 and has over 12 years of extensive investment banking experience in equity, equity-linked, debt financing, and M&A advisory transactions. Before joining Credit Suisse, Olan was an Associate Director in the Investment Banking department at UBS Securities Thailand and was responsible for client coverage and origination. Before relocating back to Bangkok, he worked in the Fixed Income Currencies & Commodities (FICC) at UBS Hong Kong and was responsible for sales and distributions of financial products (e.g., bon...
2019-02-0613 min
My Worst Investment Ever PodcastTony Watson – Beware of Words Like Guarantee and TrustTony Watson is an investment professional with more than 20 years of experience in Asia (ex-Japan) credit markets. He joined Far East Investment Limited in 2016 where he is currently a Portfolio Manager and Responsible Officer. He was regularly ranked by Asiamoney, FinanceAsia and The Asset as one of Asia (ex-Japan)’s top 10 publishing credit analysts between 2001 and 2007. Tony joined the Hong Kong Society of Financial Analysts in 1996 and became Vice President in 2017 and President in 2018. He was HKSFA’s Acting Managing Director from March to September 2015. He was named CFA Institute’s 2015 Volunteer of the Year and awarded its 25-year Continuing...
2019-02-0514 min
My Worst Investment Ever PodcastFranki Chung – If Trust is Lost, All is LostFranki Chung is a CFA charter holder and has a massive 24 years of experience in equity/fixed income analysis and portfolio management in Asia Pacific ex-Japan. He was the Chief Investment Officer of MEAG HK, the asset management arm of Munich Reinsurance. Based in Hong Kong, he and his team cover Asian equities and fixed income portfolios for Munich Reinsurance. Before joining MEAG in 2010, he was the deputy head of Asia Equities in Baring Asset Management and responsible for country allocation, stock selection and managing equity portfolios in the Asia Pacific. He currently heads Prosper Global Asset Management, an in...
2019-02-0316 min
My Worst Investment Ever PodcastZia Islam – Don’t Let Emotions Cloud Your Investing DecisionsMr. M. Zia Islam is the Coordinator, External Relations, School of Management, Asian Institute of Technology Thailand. AIT School of Management is ranked among top 250 B-Schools in the World under QS World Rankings by Subjects 2018 under "Business & Management." He holds a Bachelor of Science in Computing & Information Systems from London Metropolitan University. In his free time, he enjoys reading books with a cup of hot latte. He lives with his wife in Bangkok for eight years now. In today’s episode, Zia shares his social trading story, his loss and the lessons he learned from the experience. Kno...
2019-01-2913 min
My Worst Investment Ever PodcastPeter Emblin – Keep Invested to Get Great ReturnsPeter Emblin has diverse experience in global financial markets and corporate finance having worked in Australia, the United Kingdom, and various South East Asian countries. His career experiences cover analysis, primary research, investment management, mergers and acquisitions from both the buy and sell sides. He was a resident in Thailand since 1992 when he came there to help establish a newly authorized fund management company. He is a Fellow of the Finance and Securities Institute of Australia, Chartered Director of the Thai Institute of Directors and a Director of the Australian-Thai Chamber of Commerce, Seamico Securities and Delight Plus. L...
2019-01-2710 min
My Worst Investment Ever PodcastMohd Sedek Jantan – Panic Selling When Stocks Fall is Usually a Terrible IdeaMohd Sedek Jantan is an experienced and highly competent investment professional and financial planner. He is currently connected with Standard Financial Adviser since June 2014 where he is the Head of Investment & Financial Planning. He is primarily responsible for managing Corporate and high net worth investment portfolio, investment research and strategy. He is also involved with providing financial strategy and planning for government-linked companies and multinational companies. Mohd Sedek graduated with a Bachelor of Economics (with Honors) from National University Malaysia, and Master of Science in Business Strategy, Leadership, and Change from Heriot-Watt University in Edinburgh, Scotland. He also holds th...
2019-01-2422 min
My Worst Investment Ever PodcastDan Gramza – Don’t let Overconfidence Ruin your Trading StrategyDan Gramza is President of Gramza Capital Management, Inc. He is a trader, consultant to domestic and international clients, an advisor to hedge funds, a developer of ETF / ETC securities and co-inventor of two issued security patents. He has published works and has appeared on numerous media outlets around the world. He set up and ran stock and futures proprietary trading operations, given expert witness testimony in US Federal court, has presented courses to traders from over 36 exchanges, 450 institutions, four regulators in 35 countries and provides free daily commentary on 21 markets at dangramza.com which is viewed in over 150 countries. Listen...
2019-01-2233 min
My Worst Investment Ever PodcastJoachim Klement – Diversification: The Best Insurance Against any Investment BurstJoachim Klement is Head of Investment Research at Fidante Partners where he investigates long-term investment trends, alternative investments, and listed investment trusts. He was previously Head of Thematic Research at Credit Suisse, Chief Investment Officer at Wellershoff & Partners and Head of Equity Strategy at UBS Wealth Management. He holds Masters degrees in Mathematics and Economics as well as the CFA and CFP designations. In today’s episode, Joachim shares how his first investments were once doing great but ended up losing tremendously. Know the two important lessons he got from this experience and why you shouldn’t make...
2019-01-1718 min
My Worst Investment Ever PodcastSornchai Suneta – A Diversified Portfolio Protects You from Currency DevaluationHaving over 20 years of experience in asset management and wealth management industry, Sornchai Suneta is currently leading the Investment Advisory Practice, CIO office at Siam Commercial Bank (SCB). Also, he was appointed as Advisor to the sub-committee on Monetary, Banking, Financial Institutions and Capital market, Thailand legislative Assembly, in addition to serving as one of the CFA Society Thailand’s Board of Directors and also CFP Board member. Before joining the Bank’s Investment Advisory team, he was the Chief Investment Officer at SCB Asset Management; he managed assets over THB 1 trillion approximately USD 35 billion. He holds a Bachel...
2019-01-1516 min
My Worst Investment Ever PodcastPatrick Woock – Building Trust in Business PartnershipsDr. Patrick Woock is a Passionate Strategic Entrepreneur, Idea Creator and Thought Leader who is driven to build next-generation tools for Transnational Entrepreneurs. Skilled in International Negotiations, Global Business Planning, Startup Coaching, and Sales. Dr. Woock was awarded a Doctor of Philosophy from the University of Science and Technology of China. He has received numerous recognitions for his teaching at USTC and Tec de Monterrey. He is also a responsible, open-minded and confident individual, gives a great deal of care for nature and society, family and education. In this episode, Patrick shares the story of his worst invest...
2019-01-1012 min
My Worst Investment Ever PodcastOdilon Costa – The Complexity of Managing Distressed Debt PropertiesOdilon Costa is a Sr. Emerging Market Research Analyst with the emphasis in commercial real estate and fixed income. He started his career working at large investment banks, such as ABN Amro, BNP Paribas, and HSBC, in Brazil and France. His activities are currently focused on providing strategic services for some research platforms, such as REDD Intelligence and Eleven Financial, and asset managers, covering high yield and distressed debt. He holds a Ph.D. in Finance from FGV at Sao Paulo School of Business and was a visiting researcher at the University of Cambridge. He has published several papers in...
2019-01-0815 min
My Worst Investment Ever PodcastRoongkiat Ratanabanchuen – Risking It All on a Falling Stock Roongkiat Ratanabanchuen is a Thai banking professional who has an impressive portfolio in the areas of a pension fund, mutual fund, and microfinance. He is currently a full-time lecturer in Finance at Chulalongkorn University in Thailand. He also worked as a Risk Management Officer at Bank of Thailand. He graduated with a Bachelor’s degree in Automotive Engineering at Chulalongkorn University and earned a Master’s in Quantitative Finance at Cass Business school in London. He finished his Doctorate in Pension Fund Management at the London School of Economics and Political Science. He was awarded the 2017 CFA Institute Best Paper Awa...
2018-12-2615 min
My Worst Investment Ever PodcastAndrew Stotz’s Season Wrap – 6 Ways You Will Lose Your MoneyIn our lifetime, we thrive to create, grow, and protect our wealth. We create wealth through different business and investment ventures. We look at different investment vehicles to grow our wealth. Alongside those investment opportunities, we ensure that we understand all the many risks that are involved in our ventures so that our wealth is secured and protected. In our 30th episode, Andrew shares his golden nuggets of takeaways talking about the ‘6 Ways You Will Lose Your Money. All from the heartbreaking tales of investment misfortune from investors and financial titans from around the world.
2018-12-1709 min
My Worst Investment Ever PodcastJotak Nandwana – Sit Tight, Be Cool, Don’t Watch the ScoreJotak Nandwana is a keen follower of the Indian stock market and has been investing money since 2010. He uses the CAN SLIM style to screen for growth stocks. He has been working as an Equity Analyst for MarketSmith India, since its inception. Jotak has been involved in extensive studies on biggest winners in the Indian market. He manages the MarketSmith India model portfolio along with other research for William O'Neil India. Jotak holds a Bachelor's degree in Business Management and a Master's degree in Commerce from Sukhadia University. He has also completed all the three levels o...
2018-12-1219 min
My Worst Investment Ever PodcastEslam Shaaban – Take Extra Care with Illiquid Property InvestmentsGuest profile Eslam Shaaban Radwan is a civil construction manager with 13 years of experience in the construction field in the Middle East and Gulf Cooperation Council. He is an international real estate investor, investing in USA, Turkey, Thailand, Brazil & Caribbean. His investments including hotel apartments, single-family house, multi-family house & plots. Currently, he is enjoying his work at Gulf together with his wife and two kids. He then dreams of managing his own business someday. In this episode, Eslam shares his worst investment story, his wrong decision of not following the right p...
2018-12-0315 min
My Worst Investment Ever PodcastSopon Srisakunpath – Beware of Seductive Online Trading StrategiesSopon Srisakunpath has three and a half years experience working in Thailand at the big four accounting firms of KPMG and PwC. He has analyzed and observed business processes and coordinated with the management of large public, non-life insurance companies. He is completing his MBA at the Sasin School of Management where he majors in Finance and Strategy. He is also currently representing his university in the CFA research challenge in Equity Research Valuation Competition. In addition to all of that, he's also a health tech start-up, co-founder and CFO of Welly, a physiotherapist platform. In this...
2018-11-2609 min
My Worst Investment Ever PodcastAsif Khan – Value Traps: Bargain Hunters Beware!Asif Khan is the Managing Partner at EDGE Research & Consulting Limited, an independent equity research provider based out of Bangladesh which caters to foreign institutional investors. Prior to starting EDGE in early 2018, Asif had worked in both buy and sell side roles for around 9 years. Around 4.5 years were spent with an Emerging Markets fund called Caravel Management LLC where he looked at South Asian equities. Later he made a career switch to sell side where among other roles he worked for Exotix Capital, a frontier market focused investment bank based in London In this episode, Asif...
2018-11-1416 min
My Worst Investment Ever PodcastAlexander Burstein – Beware of Stock Tips. Do your Own ResearchAlexander Burstein works in the pharmaceutical industry, first doing a sales career in Merck KGA and Angelini, then a marketing career. And the last 18 years, he is in business development for Sanova, a company of the McKesson Group. In his leisure time, he loves to do sports like jogging and hiking, and he is a passionate historian. In this episode, Alexander shares his worst investment ever story losing 90% value of his biotech stock investment. Relying on stock news and tips only and not researching further about the investment. “People, in gene...
2018-11-1212 min
My Worst Investment Ever PodcastShagun Jain – Overlooking Growth and ExpansionShagun Jain holds a Master's degree in Management Studies (MBA) from Jamnalal Bajaj Institute (JBIMS), Mumbai specializing in Finance. Heis also Chartered Accountant from the Institute of Chartered Accountants of India (ICAI). His professional career exposed him to sales, research and consulting resulting in a rare blend of expertise in the financial services space. He worked as a relationship manager with Standard Chartered Bank in Transaction banking, handling corporate clients across industries and across regions like Mumbai and Delhi. After that, he moved to McKinsey and focused on strategy building and PE due diligence for the banking sect...
2018-11-0817 min
My Worst Investment Ever PodcastDaniel Crosby – A Big House Can Lure Even a Behavioral ExpertDaniel Crosby, Ph.D., is a psychologist and behavioral finance expert who helps organizations understand the intersection of mind and markets. His first book, Personal Benchmark: Integrating Behavioral Finance and Investment Management, was a New York Times bestseller. His second book, The Laws of Wealth, was named the best investment book of 2017 by the Axiom Business Book Awards and has been translated into 5 languages. His latest work, The Behavioral Investor, is a comprehensive look at the neurology, physiology, and psychology of sound financial decision-making. In this episode, Daniel shares his worst investment...
2018-11-0516 min
My Worst Investment Ever PodcastFrank Moffatt – Stock Tips Can Work Until They Don’tFrank Moffatt is an International Best Selling Author, Motivational Speaker, Lifestyle Coach, Music Producer, Movie Producer, TV Producer, and founder of Your Second Fifty. Today Frank is focused on his position as CEO of Your Second Fifty (YSF)- home of inspirational education to improve and enhance one’s life throughout their second fifty. In addition, Frank looks forward to serving those seeking to find their purpose through one of his latest ventures, Play at Creation (PaC). He is also Co-founder and CEO of AP Teacher Training Institute and International TEFL Canada. In this episode...
2018-10-2914 min
My Worst Investment Ever PodcastMike Matoney – Stop Investing in Relationships Just for ConvenienceMike Matoney has been the CEO of New Directions for the past 7 years, and also the CEO of Crossroads & Beacon Health for the past 23 years in Cleveland, Ohio. Mike did his undergraduate and graduate MBA studies at Cleveland State University, focusing on Marketing and Quality Improvement as his primary field of study. He began his career as a supervisor at Huron Road Hospital in 1985 and eventually worked his way up through the industry to his current positions. This episode tells a type of the worst investment... investment of time. Hear Mike’s relational investment story, how being in a rel...
2018-09-1111 min
My Worst Investment Ever PodcastBill Lewis – Importance of Knowing Product-Market Fit Before Making Any Financial InvestmentBill Lewis is the founder and leader of Linacre Digital Media. He holds a degree in Business Strategy, Leadership, Merger and Acquisition, Operations Strategy, and Globalization from Harvard Business School. Bill started his career as a senior financial analyst at Ford’s Europe division. Throughout his career, he worked for more than a dozen companies, including KPMG, British Airways and was the co-founder in 2012 of Temasys Communications. Born as a technologist, he has evolved into a consummate leader and boardroom titan. He’s helped many entrepreneurial businesses including some Fortune 200 companies. In this episode, Bill shares his pa...
2018-07-2418 min