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#326March 2, 202250:41

How Raoul Pal 10X-ed His Money with Crypto and Retired to the Be…

About This Episode

Shaan Puri interviews macro investor Raoul Pal about his journey from Goldman Sachs to retiring in Spain and eventually becoming a leading voice in the crypto space. They explore the power of Metcalfe's Law in valuing networks, why Ethereum aligns users and owners more effectively than Web2 platforms, and the future of social tokens in culture and music.

Episode Description

Shaan Puri (@ShaanVP) sits down with Raoul Pal (@RaoulGMI) to talk about his career, how he 10X-ed his money with crypto, why NFTs are a bubble, winning the game of life, and more. ----- * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Want more insights like MFM? Check out Shaan's newsletter. -----

Show Notes

  • 00:35- Why Raoul lives in the Cayman Islands
  • 07:30- Winning at the game of life
  • 16:15- How Raoul got into crypto
  • 30:10- Why NFTs are a bubble
  • 43:15- How crypto could revolutionize the music industry
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Links

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  • Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more.
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  • Additional episodes you might enjoy:
  • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits
  • #209 Gary Vaynerchuk - Why NFTS Are the Future
  • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto
  • #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett
  • ​​​​#218 - Why You Should Take a Think Week Like Bill Gates
  • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More
  • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More

Key Takeaways

1

Apply Metcalfe's Law to value investments, recognizing that a network's value grows exponentially with its users and their connections.

2

Transition from being a consumer to a network owner by investing in digital assets where user incentives and ownership are financially aligned.

3

Reverse-engineer your life by visualizing your 'future self' in a specific environment and making strategic financial moves to facilitate that lifestyle early.

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Quick Stats

Duration50:41
Guests1
Ideas Discussed0
Topics4