Talking Billions with Bogumil Baranowski Bogumil Baranowski

My guest today is the author of “Hidden Genius,” The Secret Ways of Thinking that Power the World’s Most Successful People, Polina Marinova Pompliano. She is the founder of The Profile, a media organization that studies successful people and companies.
Previously, she spent five years at FORTUNE where she covered technology and venture capital.
As the author and editor of Term Sheet, FORTUNE’s industry-leading dealmaking newsletter, Polina interviewed the industry’s most influential dealmakers, including Melinda Gates, Steve Schwarzman, Richard Branson, and more.
hiddengeniusbook.com readtheprofile.com
In today's episode, we embark on a captivating journey through the bustling corridors of New York City's subway, where inspiration often strikes unexpectedly. From these underground musings, we delve into the transformative power of personal narratives, discovering profound insights and relatable wisdom from the experiences of others.
My guest, Polina, shares invaluable lessons gleaned from the paths of the most successful individuals. Amidst tales of triumph, we explore the notion that success is not always a linear journey; rather, it often manifests in the midst of messiness and imperfection. Embracing the inevitability of hardship, we learn to navigate the twists and turns of our own narratives with resilience and grace.
Polina offers sage advice, drawing from the wisdom of those who have navigated similar challenges. Among the gems she shares is the concept of cultivating an aspirational alter ego—an empowering tool for personal growth and achievement.
As our conversation unfolds, we delve deeper into the mechanics of success, exploring the role of systems and the indispensable nature of trust in our pursuits. And as we reach the culmination of our discussion, we leave you with a stirring reflection on the essence of success—a reminder that its true measure lies not solely in achievement but in the journey itself.
Join us as we uncover the transformative power of storytelling, resilience, and trust, and embark on a journey toward realizing our fullest potential.
Before we dive into the conversation, I'd like to extend my gratitude to my dear friend Jordan Olmscheid for introducing me to Polina. Jordan is the brilliant mind behind "The Wealth Letters," a compilation of letters from accomplished individuals imparting their most profound life and business insights. If you haven't already, I highly encourage you to check out his previous episode on the show—it's a treasure trove of wisdom. Additionally, Jordan is currently immersed in an exciting new book project; be sure to follow him on Substack for updates and exclusive content.
Alright, let’s get started, please help me welcome, Polina Pompliano.
The New York subway can be a source of inspiration for many people.

Feeling like an outsider can provide a different perspective and advantage.

Learning history through personal stories and experiences can make it more relatable and engaging.

Learning from others' experiences and stories can help in making better decisions and understanding different perspectives.

Success is often messy and non-linear, requiring a willingness to fail and learn from mistakes. Embracing imperfection can lead to innovative and successful outcomes.

Hardship and suffering can be catalysts for personal growth and progress. Developing an alter ego can help individuals overcome self-limiting beliefs and tap into their full potential. Understanding different perspectives is crucial for empathy and avoiding judgment. Translating a book can have a profound impact, allowing people who don't speak the original language to access and understand the author's work. Trust is the foundation of personal and professional relationships, and it is earned through consistency and reliability. Focusing on systems rather than outcomes can lead to more sustainable and fulfilling success. Defining success.


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Devin Martin is the founder of the executive life coaching company LifeStyle Integrity. His purpose is to bring wisdom to power, and his passion is helping leaders make life-altering decisions.
Because of his core belief that the fate of both humanity and the planet hinges on the decisions that our leaders make, he has since dedicated his career to raising the consciousness of those whose decisions have the biggest impact. His work is rooted in the belief that capitalism, done well, can be a force for good in the world. As an executive life coach, he is able to support leaders through both personal and professional development.
His approach integrates expertise in physical and mental health, relationships, and spirituality as well as business. His work is focused on helping individuals and corporations align their efforts with both cutting edge science and their hearts.
Today, Devin shares with me how he used to live a double life before discovering lifestyle integrity. He takes me back in time to his months spent in a log cabin after leaving New York City's busy life behind. We talk about everything from chasing external markers of success to fear, insecurity, and the lack of fulfillment. My guest tells me how we can rewrite our internal narrative. Stay tuned until the end when Devin reveals how we can escape the wealth trap and develop a dream life and career. Before he shares his definition of success, he generously introduces me and you, the audience, to a bedtime mental exercise that can prove to be life-changing.
I’m very grateful for this special hour we had together.

www.LifeStyleIntegrity.com
https://twitter.com/Flow_Coach
https://www.instagram.com/lifestyle_integrity/

Takeaways

Different modes of communication offer unique benefits and challenges in terms of depth of connection and vulnerability.

Chasing external markers of success often leads to a never-ending pursuit and a lack of fulfillment.

Fear and insecurity can drive decision-making and prevent individuals from feeling secure and content.

The desire to get rid of wealth can stem from deep-rooted insecurities and a lack of self-worth.

Seeing oneself from another perspective and rewriting the internal narrative can lead to greater self-awareness and personal growth. Gaining perspective and taking multiple perspectives can help dissolve problems and provide a broader understanding of situations.

Having faith in the unknown and taking leaps of faith can lead to personal growth and new opportunities.

Balancing chaos and order is important for personal development and avoiding anxiety or depression.

Wealth should be defined on personal terms and should provide freedom and simplicity.

Success is not just external circumstances but also internal fulfillment and growth.


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Best-Selling Author | 2nd Time on TB | Top Ten TB Episode for 12 months | 50,000 Download Milestone

Gautam Baid, CFA is the Managing Partner of Stellar Wealth Partners India Fund. He invests in listed Indian equities with a long-term, fundamental, and value-oriented approach.
Gautam is the author of the international best-seller on value investing, The Joys of Compounding. In 2018 and 2019, he was profiled in Morningstar’s Learn from the Masters series.
This is Gautam’s second appearance on Talking Billions. I have to congratulate him on the new book — The Making of a Value Investor, that we are discussing today, but also on having held the top ten position among the most downloaded Talking Billions episodes in the last 12 months, a remarkable feat.
Talking Billions is a hundred downloads away from a major milestone - 50,000 downloads, if you are listening this week, you are among the loyal listeners that help us get there. Thank you all for listening to all 77 episodes. I really appreciate it.
Today, we talk about authenticity and vulnerability and how they can help us grow as investors. Gautam reminds me how it’s important to focus on processes and principles rather than outcomes, as the market is probabilistic and unpredictable. My guest discusses the mental and emotional resilience needed when investing through the market’s ups and downs. We take on the definition of a quality business. Stay tuned until the end, when Gautam shares how being wrong is a natural part of investing, and offers some advice on embracing uncertainty.

Takeaways:

Authenticity and vulnerability

Focus on process and principles.

Mental and emotional resilience.

Understanding the characteristics of quality businesses, such as high return on capital and competitive advantage, is essential for long-term success.

A 2-3 year investment view is more feasible in today's fast-changing environment, allowing for a focus on businesses with good growth visibility.

Active patience is key in investing, with a focus on verifying investment theses and making adjustments as needed.

The bond between customers and brands, as well as factors like switching costs, network effects, and company culture, can contribute to a business's competitive advantage.

Choosing the best clients, rather than the biggest ones, is important for investment firms, as it ensures alignment with long-term goals and reduces potential headaches.

Avoiding distractions and staying true to one's personal approach is crucial in navigating the investment landscape.

Being wrong is a natural part of investing, and embracing uncertainty is necessary for long-term success.


https://stellarwealthindia.com/

Podcast Program – Disclosure Statement
Blue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm’s employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.  Investments involve risk and unless otherwise stated, are not guaranteed. 
Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation.  Past performance is not indicative of future performance.

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Today’s guests — Eddie Palmgren and Niklas Sävås are passionate about learning and investing. They are the hosts of Investing by the Books podcast and work at Redeye, an investment bank in Stockholm, Sweden.
It’s a wide-ranging rich discussion from inheritance to immortality and everything in between.
Today, they both share with me not only their childhood stories but also family histories that shed light on their curiosity about money and investing. You know how interested I am in family fortunes, and my guests have stories to tell.
We talk about their podcasting experience hosting their wonderful Investing by the Books podcast. My guests share ideas, books, and lessons. Eddie and Niklas introduced me to serial acquirers, a unique type of business they are especially interested in. They shared more about Sweden, where they live, and the wonderful events they host yearly. Stay tuned until the end, when Eddie and Niklas tell me how they look at success from their own perspective.
It wasn’t my first chat with my guests, and I’m grateful they sat down with me and talked about their passions, interests, and stories. I greatly enjoyed every minute of it, and I trust you will, too.
Please help me welcome from beautiful Sweden — Eddie and Niklas.
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In this conversation, Eddie and Niklas discuss their childhood upbringing and their relationship with money. They also talk about the importance of long-term thinking in investing and share their investing styles. They reflect on their experience hosting the Investing by the Books podcast and the impact it has had on their listeners.
They discuss the value of time and money and how they prioritize their time. Finally, they explore the concept of immortality and how they would live their lives if they were immortal.
The conversation explores the impact of books on thinking and investing, the concept of investing with an immortal life, the importance of wealth preservation, the power of multidisciplinary thinking, the impact of survival stories on risk perception, navigating risks and unknowns in investing, the importance of trust in public markets, the different types of serial acquirers, and the case study of Teledyne and Henry Singleton.
In this conversation, Eddie and Niklas discuss principles of success, their upcoming conference, and their personal definitions of success. They emphasize the importance of financial independence and following principles taught by successful individuals like Warren Buffett. They also highlight the value of having friends and family who love and admire you for living an honest and good life.
The conversation explores the power of habits and the importance of finding happiness in everyday life. Ultimately, they encourage listeners to enjoy the journey of life rather than focusing solely on winning and losing.

Chapters:
05:36 Introduction
07:42 Childhood Upbringing and Relationship with Money
14:53 The Importance of Long-Term Thinking
22:22 The Why of Investing and Investing Style
30:12 The Experience of Hosting a Podcast
36:50 The Question They Ask Their Guests
41:02 The Value of Time and Money
43:51 The Concept of Time and Immortality
44:55 The Impact of Books on Thinking and Investing
46:56 Investing with an Immortal Life
48:16 Investing for Long-Term Preservation
50:09 The Importance of Wealth Preservation
53:55 The Power of Multidisciplinary Thinking
55:19 The Impact of Survival Stories on Risk Perception
58:11 Navigating Risks and Unknowns in Investing
01:02:24 The Importance of Trust in Public Markets
01:04:44 The Different Types of Serial Acquirers
01:10:06 The Case Study of Teledyne and Henry Singleton
01:26:26 Principles of Success
01:27:50 The Conference
01:30:25 Defining Success
01:32:57 Finding Happiness
01:34:55 The Power of Habits
01:36:06 Enjoying the Journey

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My guest today is Dan Haylett (the host of the #1 Retirement Podcast in the UK). Dan’s ‘pull back the duvet every morning’ purpose is to help his clients spend their time and money on what’s truly important.
His passion for understanding and learning about the emotional, behavioral, and financial challenges of life after work makes him a true specialist in helping clients have the freedom and confidence to take advantage of their ‘window of spending opportunity’ and live their best life.
He likes golf, reading, coffee, and getting up at 5am; he doesn’t like oysters, arsenal, big egos, and Crocs.
Today, we talk about money, and specifically about the topic of humans vs. retirement. You’ll hear about the term Retirement Rebel, and you’ll find out how to become one. My guest will help us dispel some money and retirement myths. We’ll take on one of the biggest fears, the fear of running out of money. Dan will discuss some mindset shifts, and he’ll explain why the concept of retirement is flawed. Stay tuned until the end, when we’ll learn how money can make us happy and truly wealthy.
www.humansvsretirement.com
www.tfp-fp.com

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Thomas Chua writes, hosts a podcast, runs a stock research service, he is the founder of SteadyCompounding.com , where he writes about lessons from super investors, stock analysis and market insights.
Compounding is a fascinating concept, so simple, yet so hard to embrace. I lately spoke about it with Pieter Slegers from Compound Quality and Gautam Baid, the author of The Joys of Compounding. Both have been guests on Talking Billions.
The word comes from Latin, componere which means to put together.
In finance — compounding is a powerful investing concept that involves earning returns on both your original investment and on returns you received previously.
Thomas is a very bright, thoughtful student of investing and the markets; he has quite a story to tell, which he shared with me.
You are about to hear about how he left the safety of his proverbial iron rice bowl and made his dreams come true against all odds — a story of minimizing regrets, taking risks, making a jump, and getting outsized results…
He tells me about the fascinating idea of the S-Curve of Life.
Thomas shares with me that It’s difficult to fail if you love the work you do. It made me think of the work I do, and how it’s my only professional passion. There is nothing else I’d rather do.
In a busy, noisy world, filters matter; my guest reminds me that “You become what you feed your mind.” —
I really like his thoughts on playing long term games with long term people. Life is too short for anything else.
Thomas shares his experience teaching investing in a village.
Stay tuned until the end, when my wonderful guest takes on two questions, the $3 question and the $30,000 question.

I greatly enjoyed talking to Thomas and learning from him, I hope you do too, please help me welcome - Thomas Chua.

https://steadycompounding.com
https://twitter.com/SteadyCompound
https://www.linkedin.com/in/chuathomas/
https://www.instagram.com/steadycompound/
https://www.youtube.com/c/SteadyCompounding
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