The 5 Things I Did To Become a Better Investor (#109)

Nextdoor eh? I remember when they started way back when – they slogged through it, and now even analysts like Greg Sterling are a huge fan.

Hi Tim, you mentioned options trading on the show. If you really want to learn I can teach you. A one hour skype call once a month for a year could make you an expert. [Moderator: Twitter username removed]

Thanks for the pc Tim! I would love to hear your thoughts on the slow and steady three index fund strategy as it seems this beats higher risk investments more commonly- would you have a strong argument against this in favor of higher risk, higher reward investments?

I love the inbetweenisodes Tim. You really put a lot of thought into this one – thanks. I was wondering if it would be possible somehow to have a list of the books you mentioned during this epi? (there were quite a few! I started scribbling them down and then I figured the titles would be here).

When are you going to be married? Just saying. In my opinion it’s difficult to relate when you aren’t the average guy. Because narcissistic possibly? When your audience is only a select few like yourself, anybody can be that Silicon Valley guy.

Love the way you listed up your suggested books related to the subject! Thanks, and keep it up Tim!

Best episode in a while. Want more!

Good episode with some useful information and recommendations.

Have to say though I am starting to find the ads – particularly the length and consistent repetition getting quite frustrating.

I think I could probably spout out the entire script for 99 designs and Wealthfront ad now!

I understand that there needs to be some return on the time and effort invested in the podcast – and I don’t begrudge that as I get a lot of value from the podcasts for free. I just wonder whether the ads would be more effective and less obtrusive if they were more concise and bit more varied.

Just my opinion.

Great podcast but couldn’t resist offering some other suggestions for books – Michael Lewis is obviously brilliant and a talented writer/story teller but I think of him as more for entertainment.

My suggestions are really just other people’s suggestions regurgitated but I found them valuable for my own development as an investor.

Reminiscences of a stock operator – Jesse Livermore

Intelligent Investor – Benjamin Graham

How to make money in stocks – William O’neil

Market Wizards – Jack Schwager

Thanks again for the great work!

Tim,

Loved the podcast. Would be great if you could also post some show notes with links to the books, etc. you recommended.

Now that I feel like a lazy ass, I’ll listen again to get them.

Great podcast Tim. As you mention in the podcast, the more exposure you get to different investment points of views and different ways the best of the best invest and make their money the better position you put yourself in when investing (which you’ve done a great job of highlighting between this podcast as well as your blog posts on investing over the years) . Would definitely love to hear you interview some of the finance experts on your show.

Is there a wiki that covers all of the companies on Angel.co?

Hey Tim, have you heard of Betterment? They seem to be very similar to Wealthfront but with lower fees. Just wondering if you had any data or opinions on them. Thanks!

Is there a way to get transcripts of these wonder podcasts? I feel sometimes it’s easier to check out references, and more efficient to read than listen. Thanks!

Thanks Tim – great episode!

Would love to hear an interview with Nassim Taleb. The idea of antifragility bridges such a vast range of concepts and Taleb has a unique collection of experiences. A discussion on antifragility and high performance would be fascinating.

Also, I’m not sure if I’m just experiencing a glitch on my end or what, but my download says this podcast is over 2 hrs long. I was very confused when I heard the outro @ around 35 min. Once the ads are through, it’s just 1.5 hrs of dead air.

Way to go man! Leverage is the name of the game!

Tim – something deep inside always left me intuiting that the MBA – generally, but not always – is a $150,000 next step for people who aren’t sure what they want to do, to hop to another conveyor belt that confuses their true sensitivities and impulses to what they really want to do. And, so to still not know what they want to do, but with a nice $150,000 debt “for the privilege”.

Love your approach. If I get to kids, that’s how I’ll be steering them: the real world MBA.

Wanna take a look at a start up winner with global scalability? Green tech with humanitarian application…. Necessary!

The in-depth inbetweenisodes are fantastic. This may not be something I’d use now, but incredibly thorough and useful advice.

Others should check out Episode 29 with Brendan Moyihan – http://cl.ly/dSeb

(and my semi-legible notes – http://cl.ly/dSlT)

I’d love to see more of these on other topics – dog training maybe? 😉

Ya know, I actually miss you blogging. This is better than the podcast, in general, because I hear what you are saying. Not someone else talking or answering questions. I read faster than I listen- podcasts are a bit boring having to wait for the response. So more like this. Or blog posts woild be better.

“Know thyself.” Great podcast, and in my opinion, “know thyself” was the best quote. Perhaps another great podcast topic would be “How to know thyself.” You obviously have keen insights into your own strengths and weaknesses, which I think I lack. Would love to hear your thoughts, hacks, etc, into how to know thyself. Cheers.

Hey Tim, is there a service like wealthfront for people outside U.S.?

Let mr Ferris know, when he comes out of the US marketing and light american dream investing and business startup,

can he point out some serious advice and books(if he thinks they exist) for a business to survive in a European country and to be certain Greece?

Dark side of business politics will never be touched by MrFerris even if it is the real world.Let me know when he gets out of the sophisticated productivity stuff

and the safety that the US entrepreneurship provides to him.In this case let him know that he is another failure but reasonable man.

And try a business experiment in european world mr Ferris and let us see if a blogger with life-hacking tips can survive in a environment not built around United States safety investing-business world.

That being said, take your valuable business tips into your a.. , i let you know that your blog is my favorite mental masturbation of the day meaning you are successful.

Any transcripts of the podcasts available…?

First time listener. Liked the podcast and would love to hear more! Any suggestions on ways to understand one’s behavior traits and their impact on investing?

Tim,

How can I be an investor in Wealthfront. I registered and played around on the site. I think it is very clever and innovative.

Tim As usual your podcast is full of information which is normally not available or people end up paying for the sessions with professional speakers. The whole thing that strikes me the most is that although what you say is so simple and you make it a point to simplify it by breaking it into steps but despite that not many people are able to replicate it.

I think my main focus will be on implementation of your techniques more than anything else

Hi Tim,

Thanks for the bibliography.

I am 100 pages into Tony Robbin’s book after listening his interview on your podcast and I have already known a few things I wasn’t ware before.

As I am trying to get my head around on how to start investing, it feels that this short podcast and the mentioned bibliography might be a small treasure for me.

Hello, everyone.

Some of you will find this useful: To access the Direct Indexing features on Wealthfront, it says you need to have $100,000 managed by Wealthfront. However, if you do not have that much cash to put into an account there, you can still select the option for Direct Indexing and setup automatic monthly deposits.

I was able to turn on Direct Indexing on my account with only $500 monthly deposits. (I’m not sure how low it will let you go, but this costs much less upfront to turn on the benefit).

Happy investing!

Very thorough review of investing principles. Appreciate the open mindedness regarding investing strategies.

good

Tim, great postcard. Currently reading Tony Robbins book on Money master the game and find this postcard just on time. Thank you for always sharing such a valuable information.

Is there an alternative to wealth front you could recommend for people in Australia? Thanks 🙂

Good investors consistently work at it. They study and they learn. Thanks for a great post.

Awesome pobcast and very informative! I like it!