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#181April 5, 202155:13

#167: What We're Investing In

About This Episode

Sam and Shaan answer listener questions about their personal investment portfolios, which include heavy allocations in index funds, tech stocks, and crypto. They also discuss the philosophies behind hiring friends, balancing side hustles with corporate roles, and their favorite historical figures to study for leadership traits.

Episode Description

Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ Support the pod by spreading the word, become a referrer here: refer.fm/million --------- --------- Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) answer your questions: (3:40) What are you both investing in? (16:16) Please update us on your rolling fund. Is it what you expected? Are you more or less bullish on it? (21:25) What do you not get a chance to talk about (either because it's off-topic/lower priority) that you wish you could? (23:08) You guys are awesome at coming up with incredible ideas and knowing how to execute them. What would it take for one to pull you out of Twitch and want to pursue in full force? (27:24) Shaan how do you balance side hustles while still outperforming at Twitch? (33:06) Who’s the worst person you admire? (39:29) Should you hire your friends? (44:19) Who can squat more weight? (44:40) What are the biggest insecurities, both of you struggle with? (48:30) Since covid is pretty much a thing of the past...when will the MFM meetup be? --------- --------- Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas.

Key Takeaways

1

Adopt a barbell investment strategy by keeping the majority of wealth in low-cost index funds while allocating a small percentage to high-risk, high-reward bets like angel investments or crypto.

2

When hiring friends, prioritize competence over the relationship and establish clear boundaries upfront to separate social time from professional performance expectations.

3

Improve networking outcomes by hosting themed events with unique constraints or catchy names, which helps participants lower their guards and creates a more memorable brand compared to standard business meetups.

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Quick Stats

Duration55:13
Guests0
Ideas Discussed0
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