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My Worst Investment Ever Podcast

Business & Economics Podcasts

Welcome to My Worst Investment Ever podcast hosted by Your Worst Podcast Host, Andrew Stotz, where you will hear stories of loss to keep you winning. In our community, we know that to win in investing you must take the risk, but to win big, you’ve got to reduce it. Your Worst Podcast Host, Andrew Stotz, Ph.D., CFA, is also the CEO of A. Stotz Investment Research and A. Stotz Academy, which helps people create, grow, measure, and protect their wealth. To find more stories like this, previous episodes, and resources to help you reduce your risk, visit https://myworstinvestmentever.com/

Welcome to My Worst Investment Ever podcast hosted by Your Worst Podcast Host, Andrew Stotz, where you will hear stories of loss to keep you winning. In our community, we know that to win in investing you must take the risk, but to win big, you’ve got to reduce it. Your Worst Podcast Host, Andrew Stotz, Ph.D., CFA, is also the CEO of A. Stotz Investment Research and A. Stotz Academy, which helps people create, grow, measure, and protect their wealth. To find more stories like this, previous episodes, and resources to help you reduce your risk, visit https://myworstinvestmentever.com/

Location:

United States

Description:

Welcome to My Worst Investment Ever podcast hosted by Your Worst Podcast Host, Andrew Stotz, where you will hear stories of loss to keep you winning. In our community, we know that to win in investing you must take the risk, but to win big, you’ve got to reduce it. Your Worst Podcast Host, Andrew Stotz, Ph.D., CFA, is also the CEO of A. Stotz Investment Research and A. Stotz Academy, which helps people create, grow, measure, and protect their wealth. To find more stories like this, previous episodes, and resources to help you reduce your risk, visit https://myworstinvestmentever.com/

Language:

English

Contact:

+66 818740397


Episodes

Axel Meierhoefer – Never Get Involved in Anything You Don’t Understand

9/26/2021
BIO: Axel Meierhoefer was born in Germany, served 22 years as an air force aviator and instructor. In 2005, he started his consulting company then discovered real estate investing during the recession. STORY: Axel blindly invested in penny stocks in the late 90s. He knew nothing about penny stocks at the time, and he ended up losing $75,000 after the market fell suddenly. LEARNING: Never get involved in anything that you don’t understand. Understand how company P/E ratios work and how they...

Duration:00:34:44

Andre Hsu – Trust Your Partner before Investing in Their Idea

9/23/2021
BIO: Andre Hsu is a thinker and business strategist based in Singapore. He is the author of three books about qualities, mindsets, and frameworks relevant to business, which he observed in several business tycoons who left a deep and lasting impact on his life. STORY: Andre partnered with a software company with an excellent business idea, but the partners were poor in managing the company and selling the product, so it failed. Andre lost his entire investment. LEARNING: Research the people...

Duration:00:34:38

Manish Kumar Tyagi – Never Blindly Trust Anybody with Your Money

9/21/2021
BIO: Manish Kumar Tyagi used to be a Commander in the Indian Navy before he decided to become a standup comic sometime in 2014 and goes by the name “The Knotty Commander.” STORY: Manish relied upon his investment agent to invest his money. The agent invested in several options that lost him money over and over. LEARNING: Don’t blindly trust anybody with your money. Don’t rely on one investment agent. “Don’t be a blind investor; read a little about investing.”Manish Kumar Tyagi Guest...

Duration:00:23:08

Johnny Widodo – Everything Great in Life Follows a Process

9/19/2021
BIO: Johnny Widodo is CEO in an automotive startup space with over 16 years of experience across multiple industries and geographies. STORY: Johnny saw a colleague who was making crazy money trading stocks daily. Johnny decided to do what his colleague was doing and ended up losing about $30,000. LEARNING: Learn and do your research to understand the investment first before you sign off on it. The game of investing is about how much you have at the end of the game. “There is no instant thing...

Duration:00:20:33

Randy Mortensen – Past Success Doesn’t Guarantee Future Success

9/16/2021
BIO: Randy Mortensen guides talented individuals whose drive has led them toward destructive behaviors. He facilitates an 8-week cohort, guiding members toward True Significance: Success and Sustainable Living. STORY: Randy was looking for an investment that would bring him huge returns to support his projects in the Caribbean and Africa. He came across the hemp industry, which he had zero experience in, but he was convinced it was the right investment. Randy invested $600,000 and is yet to...

Duration:00:23:08

Gil Baumgarten – Concentrate to Get Wealth but Diversify to Keep It

9/14/2021
BIO: Gil Baumgarten is a 36-year veteran of the investment industry. In 2010, Gil made a break from the brokerage world to start Segment, a fully fiduciary firm where the interests of the client and the firm could align. STORY: Gil invested heavily in UBS shares, and when the 2008 financial crisis hit, the stock lost its value and knocked about 80% of the market value of his stocks. LEARNING: Concentration is the key to getting wealthy. Diversification is the key to keeping your wealth....

Duration:00:32:31

Meridith Elliott Powell – Do What Is Right for You Not What Society Wants You to Do

9/12/2021
BIO: Meridith Elliott Powell is passionate about helping her clients learn the strategies to turn uncertainty into a competitive advantage. STORY: Meredith met her husband at 21, and they got married soon after. She spent close to 17 years trying to save her husband from countless brushes with death, arrests, and bankruptcies. LEARNING: Have the courage to do what is right for you, not what you think society wants you to do. You can’t fix things you can’t control. “Surround yourself with the...

Duration:00:27:55

Furqan Aziz – Validate Every Idea You Invest Time In

9/9/2021
BIO: Furqan Aziz is the CEO of InvoZone, a software development company that specializes in resource augmentation. STORY: Furqan took on a client who promised to pay him in the form of shares to develop what seemed like an excellent product for airlines. Unfortunately, COVID hit, and the product never saw the light of day. Needless to say, all the time, money, and resources Furqan invested in developing the product went down the drain. LEARNING: Do thorough research to validate every idea...

Duration:00:29:57

Nada Lena Nasserdeen – Rise Up For You

9/7/2021
BIO: Nada Lena Nasserdeen is transforming companies and individuals with people, emotional, and communication skills. STORY: Lena Dena was a high-flying executive, but she gave it all up for a marriage that lasted just two weeks. LEARNING: Focus more on the inner and not the outer things that make you who you are. “Everything you need is already inside of you; you just have to rise up for you and do it.”Nada Lena Nasserdeen Guest profilehttps://www.linkedin.com/in/nadalena/ (Nada Lena...

Duration:00:15:00

Owen O’Malley and Ana Rodríguez – Don’t Lose Control of the Checkbook

9/5/2021
BIO: Owen O’Malley and Ana Rodríguez are business and life partners. They are on a mission to create one million millionaires by 31st December 2050. STORY: Owen invested $25,000 in a business he had no experience running because his friend convinced him to. The company failed, and he lost all the money he had invested. LEARNING: Invest in something that is liquid and is in your control. Take time to ask questions before you buy into an investment idea. “Keep the money in your control at all...

Duration:00:39:30

Curt Mercadante – Not Every Home Is an Investment

9/2/2021
BIO: Curt Mercadante specializes in helping business owners deliver the right message to the right clients to generate the right revenue. STORY: Curt grew up knowing that owning a home is an important investment that everyone should have. Over the years, and after a couple of losses, he has learned that a home is not an investment unless you’re planning on flipping it. LEARNING: Don’t just take advice at face value, do your research and get second opinions. Don’t fall for the American Dream...

Duration:00:29:40

Simon Bedard – Make Your Contracts as Airtight as Possible

8/31/2021
BIO: Simon Bedard is the CEO of Exit Advisory Group, a boutique M&A firm, that also provides a range of advisory services focused on exit strategies and how to maximize company value. STORY: Simon had a client who convinced him to change the terms of their contract. The change worked in Simon’s favor because he made $2 million after delivering his services instead of the low seven-figure he had quoted. Unfortunately, the client now felt this was more than he expected and refused to pay up....

Duration:00:20:39

Ali Awad – Accept Low-Risk Payment Methods Only

8/29/2021
BIO: Ali Awad, also known as The CEO Lawyer on social media, is a successful lawyer and entrepreneur. He has a multi-million dollar law firm and media company where he teaches lawyers, doctors, and other professionals how to brand themselves digitally and generate clients through social media. STORY: Ali once delivered an order of car audio worth $25,000 to a newly acquired customer. Out of excitement to make such a huge sale, he made the mistake of accepting postdated checks for payment....

Duration:00:31:56

Kim Kristiansen – Consider the Relevance of What You Devote Yourself To

8/26/2021
BIO: Kim Kristiansen is a Family Physician from Denmark with more than 30 years of clinical experience. He is a peer reviewer for medical journals and a former TEDMED research scholar. STORY: Kim found himself wasting so much time reading research papers that were not relevant to his patients. Now he has learned how to screen papers for clinical relevance. LEARNING: Screen research papers for clinical relevance to avoid wasting your precious time. “Research analysis it’s not just about...

Duration:00:34:34

Dan Solomon – The Time to Start Investing Is Now

8/24/2021
BIO: Dan Solomon is on a mission to help international students and young professionals, especially those in Germany and the Netherlands, gain the right skills to succeed in the job market. STORY: When Dan was studying in Russia, he would receive $500 every month from his scholarship. Dan never invested a single cent of this money for the five years he was in Russia, which regrettably would have grown to a substantial amount had he invested it. LEARNING: Start investing now to gain from...

Duration:00:26:39

Shinobu Hindert – Speak Up When You Believe Something Strongly

8/22/2021
BIO: Shinobu Hindert is a certified financial planner™, professional, money expert, and creator of Empowered Planning, LLC. STORY: Shinobu tried to convince her clients to diversify their investment, but they ignored her and insisted on investing 100% in the Lehman Brothers company. When the 2008 financial crisis hit, the company went under, and the clients lost their investments. Shinobu regretted not pushing them harder to diversify. LEARNING: Don’t be afraid to push your philosophy hard...

Duration:00:21:45

Kittisak Kovintavewat – Be an Investor, Not a Speculator

8/19/2021
BIO: Kittisak Kovintavewat is a value investor who focuses on investing in value stocks in the US and China. STORY: Kittisak bought the Thai Airways stock as it grew steadily, but a few external and internal problems made the stock price drop. Even though Kittisak had studied the company extensively and knew the stock was strong, he panicked and sold his shares. The problems were later resolved, and the stock went up to three times more than what Kittisak had sold it for. LEARNING: Don’t...

Duration:00:23:06

Julie Talbot – Establish Rules to Live By

8/17/2021
BIO: Julie Talbot is growing a UK property portfolio from Abu Dhabi, where she lives with her husband and twin daughters. She’s completed 25 property projects since 2017, and 2 of her rules are she doesn’t fly back to the UK, and her phone doesn’t ring. STORY: When Julie moved to Abu Dhabi, she assumed she couldn’t handle her property business in the UK from that many miles away, so she hired someone in the UK to do it for her. This person got her mixed up in a property price war that took...

Duration:00:22:39

Dan LeFave – Chaotic People and Systems Rarely Create Value

8/15/2021
BIO: Dan LeFave is the #1 Best-selling Author of Living the Life of Your Dreams - How To Stop Working Insane Hours And Start Living An Awesome Life. He helps businesses grow 7 and 8-figure revenues. STORY: Dan quit his job to work in his brother’s company, where he ended up managing daily business operations. His brother’s business systems were pretty chaotic, and it took Dan years to get it to run smoothly. When Dan asked his brother to make him a shareholder, and he refused, he realized...

Duration:00:31:03

Justin Weeder – Only Go Into Debt to Buy Assets

8/12/2021
BIO: Justin Mark Weeder is a psychology nerd turned sales coach. He’s the creator of the LISTEN Method for closing sales and the founder of The Covert Closer – a sales coaching and consulting agency based in Denver, Colorado. STORY: Justin and his wife bought a new house and made the mistake of getting a bunch of credit cards to buy stuff for the home. They spent so much that before they knew it, they were so deep into credit card debt. LEARNING: Use debt to buy assets, not to purchase shiny...

Duration:00:30:18