Random Show – Episode 17 – Start-ups, Investing, and Pickled Vegetables

111 Comments

Long overdue, join me and Kevin Rose as we catch up on topics ranging from investing and Steve Jobs to pickled food and start-up launches. Thanks to Glenn for his usual Jedi videography.

For the Breville contest, just search the Oink app for user “Tim Ferriss” to find my profile.

Two odds and ends:

1) You all ROCK. The last post’s goal has been exceeded, and my $25K match is happening. The goal was $25K, which I’d then match. You have so far helped raise $45K, and that number is growing quickly. INCREDIBLE.

2) To the 100s of readers who have asked when the hell the personal-use BodyMetrix would be ready: it’s finally here. As a thank-you for your patience, I’ve asked the manufacturer for an additional discount. Until Nov. 30, you can get 25% off (which should be around $125) by using the code 4HOURBODY at check out. For those interested, here’s the site. The pro version has been used by everyone from the New York Yankees to AC Milan.

For previous episodes of The Random Show, click here.

Last but not least, The Random Show is now on iTunes! If you simply want audio-only, or if you’d like to watch the episodes on your iPhone or iPad, here you go:

VIDEO: http://itunes.apple.com/us/podcast/the-random-show-podcast/id417595309
AUDIO: http://itunes.apple.com/us/podcast/the-random-show-podcast-audio/id417635513

Posted on: November 23, 2011.

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Comment Rules: Remember what Fonzie was like? Cool. That’s how we’re gonna be — cool. Critical is fine, but if you’re rude, we’ll delete your stuff. Please do not put your URL in the comment text and please use your PERSONAL name or initials and not your business name, as the latter comes off like spam. Have fun and thanks for adding to the conversation! (Thanks to Brian Oberkirch for the inspiration)

111 comments on “Random Show – Episode 17 – Start-ups, Investing, and Pickled Vegetables

  1. Hello Tim! I’m having problems buying the Bodymetrix overseas. The site only gives an email for us and nobody answers. Any reccomendation? Thanks!

    Like

  2. Tim,
    If you get a chance, could you ask Kevin what his reasoning for building Oink on iPhone first is? I keep reading about how the growth potential and current numbers for android is surpassing cell enabled iOS devices, so it would seem that I’m missing something–is it the market he’s going after, or just being a fanboy?

    Like

  3. A bit of a delayed question, I’m new to the blog and catching up- but how/who would yall recommend going to outsource the idea for a mobile app. I’m not a programmer, however I’m technically minded enough to think of ideas to utilize features for some awesome interactive programs(simple and powerful). I just don’t know where to start/ where I could pitch without being robbed.

    all the best,

    Brandon B

    Like

  4. Hi!
    Great video.
    I think you have a slight bug on the site. I wanted to open more posts in multiple tabs from your Most Popular box by pressing Ctrl+click or “right-click open in new tab”. In both cases, upon clicking, the box with links turned into a bunch of programming code and nothing happened. The links worked fine if I just click on them. I’m using the newest version of Firefox and have never experienced this particular problem before. (If you want I can copy the code that shows up and post it here or send it to someone)

    Like

  5. Great show got some good ideas for Christmas presents.
    Be careful buying government debt, the Federal Reserve is a PRIVATE company nothing to do with the US Government and there have been times in recent history where currency is only worth the paper it’s printed on, everyone should be looking into alternatives with the state of the world economy at the moment.

    Like

  6. Bravo on getting out of the stock market!

    But you guys have worked so hard and earned your money, and it was like fingernails on a chalkboard to hear how risky your financial positions are… and mostly for no upside (excepting startups).

    Cash for Tim :-O

    Kevin: Gov’t bonds. Gov’t will never default.

    Wow. That’s one of the best ways to lost everything. Watch the documentary “I.O.U.S.A.” to learn from the experts about the governments position.

    Hint: The government has defaulted numerous times in the past and its position is now worse than ever with a nearly guaranteed default.

    Just about every economist who accurately predicted the real estate bubble also now predicts hyper-inflation and dollar crash.

    I would examine the opposition’s argument here and play devil’s advocate. Thank me in gold bars please ;-)

    – Jeff

    P.S. Commodities and metals are incredibly stable in VALUE with uniform PRICE swings stemming from the reliable trend of debasement of the dollar (which has lost 95% of its value since its inception in 1913). It’s not that all commodities are magically increasing in value. They are basically staying the same while the dollar keeps tanking. Check out measuredingold.com. [not my site]

    Like

  7. Tim this is completely unrelated and I can’t find my copy of the 4 hour body right now but I know you talk a lot about the benefits of garlic. What are your thoughts on cayenne pepper? My friend spent a better part of an hour talking to me about all the benefits. I know you probably talked about it in the 4 hour body but I can’t find it at this moment!

    Like

  8. I posted my comment once already from my phone and I do not see it. So, here it is again.

    Hi Tim,

    Just few weeks ago I got your 4 hour body and for the first time learn about you and your work. It is amazing! Thank you for sharing it with us.

    By on the “moving forward” note, do you plan or maybe work already with hormonal system? I read somewhere that true health is in great hormonal system. That is the foundation of physical health..

    What do you think about tweaking it more directly? Conventional medicine is still in dark ages with that.. we all so need it.

    And what about emotional health? Anxiety, depression, PTSD etc… I believe there is some pretty straight forward mechanism that can be tweaked directly as well… I imagine how this could help…

    Can’t wait to hear your response..

    Like

  9. Oh, I’m so glad the personal use Body-Metrix is here!! Thanks Tim for all of your great posts, I stop by your blog often now. Good choice of venue for the video…my husband and I frequent our little wine bar here in Honolulu called “Amuse”, if you are ever visiting you should definitely check it out!

    Like

  10. Hi Tim,
    Thanks for another fun show. I’d put money down that you were about to mention Posterous as part of blogging platforms you use, just before you got excited about Uber. What are your thoughts on how they fit into the blogging eco-system? Any inside info on where they’re headed with their product?!
    Thank you for your continuing inspiration,
    L

    Like

  11. I posted a comment of non-rude praise and criticism and my comment went into permanent “moderation limbo” twice (censorship?)

    What’s the deal? In the past you guys were looking for real conversations; I hope that hasn’t changed :-/

    Like

  12. Bravo on getting out of the stock market!

    You guys worked so hard to earn your money, and it was like fingernails on a chalkboard to hear how risky your financial positions are… and mostly for no upside (excepting startups).

    Cash for Tim :-O

    Kevin: Gov’t bonds. “Gov’t will never default.”

    Wow. What if that’s the perfect strategy for disappointment and bankruptcy? Just a suggestions… Watch the documentary “I.O.U.S.A.” and you could begin to become as astute about wealth PRESERVATION as you guys are about GROWTH.

    Hint: The government has defaulted numerous times in the past and its position is now worse than ever with a nearly guaranteed default. It’s just plain math.

    Just about every economist who accurately predicted the real estate bubble also now predicts hyper-inflation and dollar crash.

    I would examine the opposition’s argument here and play devil’s advocate. Thank me in gold bars please ;-)

    – Jeff

    P.S. Commodities and metals are incredibly stable in VALUE with across-the-board PRICE swings stemming from the reliable trend of inflation/debasement of the dollar (which has lost 95% of its value since its inception in 1913). It’s not that all commodities are magically increasing in value. They are basically staying about the same while the dollar keeps tanking.

    Like

  13. Tim,

    If you’re going to Okinawa, you’re going to have to try Okinawa soba. Much different than what you’ll find in the mainland. There are tons of soba shops, but the best is Gabu soka soba, at: http://www.gabusokasoba.com/index.php

    I lived there for 6 years and tried everywhere cuz I was a soba freak. This place is by far the best. If you can, I recommend going to the honten in Nago.

    The site is in Japanese. I’m not sure how your Japn reading is, but if you need help give me a shout. It’ll be worth the effort.

    Like

  14. Tim,

    Oh yeah, there are also A&W restaurants in Okinawa where you can get root beer floats. Yeah, I know you’re into being healthy, but it’s worth going just for the novelty of it.
    A&W is a common chain there so you won’t have any trouble finding them.

    Enjoy!

    Mark

    Like

  15. Hi Tim and Kevin,

    Hearing you talk about the fermented food triggered a memory. I once read about this national dish from Iceland called Hákarl or fermented shark. It’s supposed to be the most horrable dish in the world.

    I’m just curriouse if you knew about this dish and if you have tried it yourselfs. I’m still planning to visit Iceland someday and take my chances, Curiosity killed the cat right?

    Love the site! Thanks for all the inspiration,
    Erik

    Like

  16. Hi Tim,

    Thanks for the great deal on the BodyMetrix. I have been looking forward to getting one since reading the 4 Hour Body a year ago. I got the deal just in the nick of time with the amazing service at Intelametrix. I was able to use my Dutch credit card and have to shipped to my parents with the help of the great customer service. For once living abroad means I didn’t have to miss out on a great deal back in the US.

    Also, with the last Random Show I made the comment that it was like Oprah’s book club but with large combat knives and alcohol. All jokes aside, I have always enjoyed the book recommendations. Would it be possible, maybe in Oink, to have somewhere were you could consolidate all your book recommendations in one place? It would allow your readers to have a direct connection to all the great reads you find, save us time with mini reviews and the slow process of hunting down past recommendations and possibly promote the use of Oink. It’s just an idea.

    Keep up the great work and thanks,
    Brad

    Like

  17. Hey Tim!

    I live and work in Jakarta, if you’re needing a place to transition on the way to Bali or Sumatra, mi casa es su casa!

    I’m here Executive Producing Indonesian Idol and Master Chef!

    Love the Random Show!

    Best,

    Tim

    Like

  18. Hi Tim

    In the video you mentioned “leveraging your time by licensing/merchandising the four hour brand”.

    I’m in the golf world and instruction in this space could do with a Tim Ferriss-esque deconstruction of kinesthetic priorities for rapid learning.

    Is this the kind of thing you had in mind when you mentioned licensing?

    Best,
    Max

    Like

  19. I love Tim and Kevin and I love the Random Show, but claiming the U.S. isn’t going to default is a big fallacy.

    The U.S. actually defaults all the time. The can simply print their way out. Any individual would default if they did what government did. But the U.S. is really spiraling.

    The only reason it might not conceptually default is because it can’t print the dollar into oblivion.

    I have to agree with Jeff Nabers on this one. Gotta love the Austrian School of Economics.

    Like

  20. Tim / Kevin,

    I really enjoy your videos, but have to disagree with Kevin’s assessment on bonds. Investing in bonds is like investing in the competence of the Federal Reserve. The Fed will not stop printing money until we run out of trees. The more money they print out of thin air, the more purchasing power the US dollar loses. So let’s say you earn 2% interest on bonds. What good is that when the rate of price inflation is 8% and growing (according to the National Inflation Association)? You’re losing 6% purchasing power. Numerically, it will look like you have more money, but in reality your money will have less value.

    I recommend looking into Peter Schiff, Jim Rogers, Max Keiser, and Marc Faber (all economists who accurately predicted the ’08 financial crisis) for their forecasts on the coming currency crisis. Bonds are a guaranteed way to wipe out your purchasing power.

    Like

  21. Kevin,
    The only thing to watch out for when fermenting anything is the smell. Fermenting food has some great health benefits. Unfortunately, fermented food tends to be quite pungent. If you had korean kimchi, you know what I mean. if you are used to the smell it won’t be much of a problem. but for those who are not familiar will freak out. neighbors are not usually happy. Prepare accordingly. Also personally, Kimchi tastes better than Sauerkraut. it can be easily bought with all the culture intact.(but again the smell.)

    Tim.
    Have you ever considered making your own rice wine? the basic korean version is simple to make and only takes a week, 10 days at most with common kitchen equipment. Added advantage of making your own rice wine is that there are live cultures inside which are beneficial health-wise.(if not abused) And overall it makes for a fun experiment. let me know if you are interested.

    Like

  22. Hi Tim,

    Another solid “Random Show”. Many thanks, the info you guys cover is always useful. I have scoured the web and cannot seem to find info on how to ferment Turmeric for Turmeric tea. The only thing I can find are Kevin’s attempts to locate a recipe. As a “Japanophile” do you have any sources for this?

    Like

  23. Watching Tim and Kevin talk is kind of a turn-on. Not sure how to deal with that.

    …oh, just remembered: if you’re interested in longjevity stories, check out “Healthy at 100″ by John Robbins.

    Like

  24. Tim, just want to say I am loving your stuff.

    Got into 4 Hour Work Week, which led me to your blog.

    All started when Joe Polish interviewed you on I Love Marketing. A program I habitually listen to. I am 21 years old and really interested in marketing/copywriting. So after hearing your interview, checked 4 Hour Work Week on audio then had to get the book which led me to wait and wait for your new cookbook.

    You’re the man.

    You gave me hope to go and pursue my dreams, traveling, and how to do it for not much money at all.

    I am actually moving to France in February made the decision after halfway reading your book. Thats how powerful it is.

    I am hoping that you can give me a little more insight on traveling, one of my biggest passions. Like exactly where to find 5 star hotels and stuff for $250 week like you did in Rio de Janerio (or Beunos Aires, maybe both?). I know you held my hand this far with tools and tricks section of the book but if you could take the time to give me some examples like names of where you’ve stayed or places like that to have an amazing time.

    Watched “The Random Show” on Youtube and I love it! Really fun really cool.

    My only issue: I am having trouble downloading the video version of the podcast from iTunes so I can watch on iPad. It just wont download.

    Dont know if I’m the only one experiencing difficulty.

    Take care,

    and thanks again for all the hard work,

    William C.

    Like

  25. Hi Tim. I’ve been doing the slow carb diet for about 4 weeks and have lost 17 lbs so far. I have a question about binge day. I weighed myself on Sunday and I was down to 276 lbs. Monday was my binge day and when I weighed myself on Tuesday, I was up to 284. That’s 8 lbs! I feel like I just undid two weeks worth of work in one day. Is that normal or do I need to take it easy on binge day. I welcome input from anyone else experienced in the slow carb diet. Thanks!

    Like

  26. Somehow I missed this video and just watched it. Managed to knit half a mitten while watching too.

    About pickled foods: I recently stumbled upon this recipe in a very nice book called “Far Away and Long Ago” by W.H.Hudson … it is about his childhood in the Pampas. This book was in Hemingway’s top 10 ( haven’t read any Hemingway I can remember, but any book in someone’s top 10 sounds interesting).

    Somewhere in it he gives the recipe for pickled peaches his mom used to make all the time and which one of their guests praised so much that I want to try it out too.

    Here it is: “… large, sound fruit, just ripening must be selected for the pickling; when the finger dents a peach it is too ripe. The selected peaches are washed and dried and put into a cask, then boiling vinegar, with a handful of cloves is poured in till it covers the fruit, the cask closed and left for a couple of months, by which time the fruit would be properly pickled.”

    Like