The Knowledge Project uncovers the best of what other people have already figured out, so you can use their insights in your life.
Shane Parrish sits down with some of the world's most influential people on a journey to master the best of what they have figured out. He uncovers the earned secrets, important insights, and specific tactics that help him, and you, achieve success and live a more fulfilled life.
The Knowledge Project is different because the conversations are real, the host listens and asks great questions, and guests get asked questions.
Firstly, I really like your work and really grateful that you are putting the time and effort into making all those interview happen with all those fascinating people. Secondly have you heard of Markus Rothkranz from the youtube channel MarkusPix and The Healthy Life. His life seems interesting and the way he sees it.
I can attest to the peace a paid off home brings. Since doing so, I’ve made more money and closed more deals in my business as a result of not chasing clients or money. Spreadsheet math doesn’t cause that sort of shift in how you carry yourself. Also, the rate shouldn’t be the focus. The total debt as a ratio of net worth should.
Everytime I meditate, I feel so much pain, the pain of being rejected all my life, I lost my best friend when I joined the forces at 19. I left my family behind. So much pain, everytime I meditate, I only feel like crying.
Big Truck, thanks for threading all the needles regarding the relationship between the tech companies and their components. I was skeptical years ago, because I really didn’t understand. Several months ago, I went ahead and bought MU, SM, INTC, SLCA & WMT and NVDA(before split). Your announcement of retirement at 50 prompted me to act. Hopefully, I didn’t get in the game too late. Thank you.
Trustworthy people are trusted based on their actions. Keeping promises, not lying, not betraying others, not manipulating/gaslighting. It's really not about just looking at someone. Anyone who is smart isn't going to assume a person can be trusted just based on how they look or answer a question. Trust is broken the minute a person reveals they aren't trustworthy based on their actions. Focusing more on improving your own behavior to be honest, reliable, keeping promises, not putting others down, helping others, would be the only way to actually improve trust.
Buffett is extremely right about finding your passion. And also, nobody can become financially successful overnight. They put in background work, but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. I was able to increase my portfolio by $189k in months. You just have to seek for help in the right places. Nice video.
True, My wife and I are retiring this year with over $6,000,000 in tax deferred investments. Up until 3 years ago, we were 100% in the S&P. During bear markets we had a perfect plan. We got an investment manager in our corner and didn’t look at our portfolio for nearly a year. Just kept buying at low prices. Fear can be a really big hindering factor
I agree with you. The market will always recover. The goal is to find quality stocks with long term potential. It's hard for the average Joe to do this, because it involves following a lot of industry news, following up with earnings, etc. It's easier to invest through an advisor who knows how stuff works, and make rocket returns.With the right guidance, really, the market always wins.
Could you recommend who your advisor is? I've been looking to make the switch, because it seems like the most sensible thing to do in the market. I have heard of investors pulling in hundreds of thousands of dollars despite all the downturn.
Finding financial advisors like Carol Vivian Constable who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Morgan has a way of making non-obvious things, obvious. Which is great way to get people thinking. My favorite part was 'People just adjust their expectations to whoever is around them'
Ms. Shrier is spot on... I think that in the last 25 years...we embarked on the NECESSARY effort to abolish serious abuse in the home....we are over-correcting...so that any non-abusive TOUGH LOVE is also being considered horrible....so we have this generation and a half of young adults and those still children who will not be able to do for themselves because of the lack of teaching how to manage life's bad days and boredom ... Children need to learn how to be sad and to fail...and learn how to deal with it...rebound from it THEMSELVES and continue the journey...
Absolutely incredible interview same as his books. It’s like he’s saying thing which simply make sense, but I’d never think of them otherwise. Thank you for the interview!
Wealth is not only material things.... how shall are we to view wealth are only that human can see..... how sad is that... share your kindness ... share your strength, share your mental capacity.. share Agape love.... . . 🩵
You want to get wealthy? Delay marriage and starting a family as long as biological possible. 2nd start young and plow away as much as you can in the S&P 500 fund. 3rd living at home if you can. Very hard to do especially if you're male. The opposite sex may not respect that decision. 4th accepr your emotions will go wild with life and stock market volatility
Morgan is always putting out invaluable points. But this has to be his best interview period. You steered him in the right direction every time and got the best out of the discussion. Amazing stuff and I am now a subscriber!
I think there is a big percentage of flows in ETFs that are FOMO investors so we will see where it goes , I’m going the opposite path of building a income factory based on dividends because I see too much debt in the system creating a reversal of valuations event it’s just a matter of time with debt
