Talking Real Money - Investing Talk

Love listening to the old guys talk about money and investing. They seem very genuine and offer sound advice. I find myself turning off my normal channels such as ESPN just so I don’t miss an episode. I even share what I learn with co-workers.

I’ve started listening to these guys and while they offer decent information, other times they’re way off. Especially when it’s a topic that threatens their livelihood, even if true. Or on topics they just don’t understand. Looking at them further, they’re former radio hosts that had some success an decided to start an advisory group… one of those bad ones that operates under an AUM framework, essentially leeching 1% off your portfolio for minimal value. While their DIY portfolios on their website are great starting points, when you begin to listen to them for a while, you’d begin to see some of the nasty undercurrents on topics that they don’t understand or don’t want to because it threatens their business model. Feel free to listen but go in with eyes wide opened.

Don, I can no longer justify a one-star review. You’ve made real progress in your understanding of Bitcoin. Even after a recent 20% pullback, you’re no longer making the wild, uninformed, and flat-out inaccurate claims you once did. You’ve stopped predicting Bitcoin’s demise. You’ve stopped asking what it’s “good for.” After 17 years, Bitcoin continues to see accelerating global adoption. Its role as a store of value is now so established that it’s accepted as collateral by 8 of the 10 largest U.S. banks. Major retailers are moving in as well—Steak ’n Shake now accepts Bitcoin, and according to their CEO, payment processing fees dropped by 50% while profits rose 10%. You were close to earning a five-star rating. The only thing missing was proper context on price performance. One-year windows are noise. A serious analysis looks at three years or more. Still—credit where it’s due. This was a noticeable step forward. Baby steps, but real ones. Well done, sir.

I have been listening to most of their podcasts for nearly two years, and have learned a great deal about keeping investing simple, avoiding the pitfalls of many over-priced and complex investment (and insurance) products, and what to look for in an investment advisor. They do a great job of explaining investing in a way that resonates with a broad range of listeners.