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#697October 30, 202448:38

Q&A: Gut punches, favorite guests, plus advice for life

About This Episode

In this mailbag episode, Shaan Puri and Sam Parr provide guidance on managing $53 million in windfall wealth and navigating the emotional shifts of fatherhood. They also discuss their 'Mount Rushmore' of past guests, highlighting the unique life philosophies of Dharmesh Shah, Ryan Holiday, and Jesse Itzler.

Episode Description

Episode 643: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) answer juicy questions from the audience.

Show Notes

  • 0:00Where should I put my money?
  • 9:35Best thing you've read lately?
  • 15:28Who’s on MFM’s Mt. Rushmore?
  • 26:18When was your biggest gut punch?
  • 31:31Who would you spend 24 hours with?
  • 40:24What’s your best advice for new dads?

Key Takeaways

1

Following a significant financial exit, hold capital in liquid, low-risk accounts for at least six months to avoid impulsive 'rebound' investments driven by boredom or a desire to prove a point.

2

Maintain and grow your professional network using Jesse Itzler's 'Three Cs' daily habit: send one compliment, one congratulations, or one consolation message to someone in your network.

3

To gain clarity after a major success, explicitly separate the decisions regarding your money management from those regarding your time management and your long-term personal identity.

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Quick Stats

Duration48:38
Guests0
Ideas Discussed0
Topics0