Maybe you haven’t heard of MJ, but trust me, his story is worth paying attention to. We’ll take a look at how he started (and later sold) a website where people could book limo services all over the country. Of course it wasn’t a straight path to success …it was a bumpy road along the way. One of the things we can learn from MJ are the core thought patterns that allowed him to become financially free. His financial freedom didn’t happen by accident, he was focused on making his dream lifestyle a reality. And today he has this lifestyle where his income is completely independent from his time, so he’s in a position where he can spend his time doing exactly what he wants instead of worrying about how he’s going to get his next paycheck. There are some great golden nuggets of wisdom in this episode, so I definitely recommend you check it out. Credit for audio clips goes to Book Thinkers Podcast: https://www.bookthinkers.com/podcastplatforms https://open.spotify.com/show/2qikdW7j42CVvAflMUoozQ MJ DeMarco has great books out: Millionaire Fastlane   Unscripted   The Great Rat-Race Escape MJ Social Links and resources Music courtesy of: https://pixabay.com/ Sources: https://www.mjdemarco.com/my-story/ Millionaire Fastlane (Book)   https://www.youtube.com/watch?v=XZ6bC10IuFM&t=1034s https://mixergy.com/interviews/mj-demarco-limos-interview/ Disclaimer This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.

Howard Marks is widely considered to be a top investor. He became a self-made billionaire and is the co-founder and co-chairman of Oaktree Capital. They manage $150 billion+ of assets so you know his firm is the real deal. In this episode we’ll cover: The epiphany that Howard discovered while investing in the "Nifty Fifty" stock era The key mindsets that any good investor should have What he did during global financial crisis -- Including how he made an investment that yielded a 23x return in less than 10 years (!) Special thank you to Meb Faber for audio in this episode. You can check out Meb’s awesome full interview with Howard here. Two books that Howard wrote that are a great read: Mastering the Market Cycle The Most Important Thing Contact me to say hello: Vlad (at) wallstreetvision.com Sources: https://www.stewartinvestors.com/all/insights/stap/nifty-fifty.html https://www.multpl.com/s-p-500-pe-ratio https://mebfaber.com/2018/10/03/episode-124-howard-marks-its-not-what-you-buy-its-what-you-pay-for-it-that-determines-whether-something-is-a-good-investment/ Music: https://pixabay.com/ Disclaimer: This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.

Ed Thorp has a very interesting story. He used his physics and math skills to beat the casinos at blackjack and roulette before transitioning to finance. Then, he started two hedge funds that made record returns for investors. His 2021 net worth was over $800 million dollars - Wow! Check out this episode to learn more about his story. Special shout out to Aaron Fifield from Chat With Traders podcast for letting me use clips from his interview with Ed. You can check out Aaron’s interview with here: https://chatwithtraders.com/ep-109-edward-thorp/ Contact me to say hello: visionwallstreet at gmail.com Sources: Hedge Fund Market Wizards A Man for All Markets http://www.fortunesformula.com/ThorpsHedgeFunds.html https://www.ft.com/content/e7898528-e897-11e6-967b-c88452263daf Music: https://pixabay.com/ Disclaimer: This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.

Carl Icahn is one of these investors who really thinks outside the box. He has a very impressive track record, and his 2021 net worth was over $17 Billion. The cool thing is that Carl came from a very average Brooklyn family to boot! In this episode we cover the story of how he used share buybacks as a catalyst to make a $2 billion return on his investment in Apple. If you have any comments/suggestions/feedback, you can reach me at visionwallstreet at gmail.com - I look forward to hearing from you! Sources: https://www.macrotrends.net/stocks/charts/AAPL/apple/pe-ratio https://ycharts.com/companies/AAPL/stock_buyback https://www.marketwatch.com/story/carl-icahns-2-billion-apple-stake-was-a-prime-example-of-investment-inequality-2016-06-07 https://carlicahn.com/our_letter_to_tim_cook/ https://carlicahn.com/apple_shareholder_letter/ https://carlicahn.com/our-letter-to-apple-shareholders/ https://carlicahn.com/sale-apple-shares-at-half-price/ https://carlicahn.com/letter-to-twitter-followers-regarding-apple/ https://carlicahn.com/carl-icahn-issues-open-letter-to-tim-cook/ https://www.youtube.com/watch?v=_AAM1P-kqFs&ab_channel=CNBC https://www.youtube.com/watch?v=QTgFi62FJ4k&ab_channel=InvestingPrinciple Music: https://pixabay.com/ Disclaimer: This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.

Stan Druckenmiller is a superinvestor with an incredible track record - He compounded capital at over 30% for 30 years without a single down year. Those are GOAT stats!   Like every other investor, he's had some bumps along the road. In this episode we'll cover his $3 billion loss during the dot-com bubble. We'll also cover the biggest lesson that Stan learned from George Soros.  Audio Sources: Newsclip: CNN Moneyline Special Report 1999 https://www.youtube.com/watch?v=uTeFU1qivbs&ab_channel=ToggleAI https://www.youtube.com/watch?v=rq2lGZyW2yA&ab_channel=HF2030 Music: https://pixabay.com/ Disclaimer: This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.

Blair Hull went from beating casinos at blackjack to starting up his own Wall Street firm. They went from one employee to operating on stock exchanges around the world. Blair eventually sold the company to Goldman Sachs for over $500 million dollars.  In this episode we’ll cover Blair’s amazing story and some great takeaways from it. I want to thank Aaron from the Chat With Traders podcast for letting me use parts of his Blair Hull interview for this episode. You can check out Aaron’s podcast here: https://chatwithtraders.com/ Blair Hull audio: https://chatwithtraders.com/ep-085-blair-hull/ Music: https://pixabay.com/ Sources: https://chatwithtraders.com/ep-085-blair-hull/ https://www.amazon.com/New-Market-Wizards-Conversations-Americas/dp/0887306675 https://web.archive.org/web/20120109010146/http://www.sfomag.com/ArticlePrint.aspx?ID=1343 https://www.chicagotribune.com/news/ct-xpm-1999-07-13-9907130269-story.html https://www.wsj.com/articles/SB882224069197194500 https://www.fastcompany.com/28597/risky-business-sound-thinking Disclaimer: This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.

Linda Raschke might not be as known as Warren Buffett or George Soros. But she’s had lots of successes in the markets throughout the years, and even started her own hedge fund. At one point her hedge fund was ranked 17th (out of 4500) for having the best 5 year performance, so you know she’s the real deal! This episode is about how she got started in investing at a time when investing was a very male-dominated industry. Music: https://pixabay.com/music/ Sources: https://lindaraschke.net/ https://twitter.com/LindaRaschke https://www.amazon.com/New-Market-Wizards-Conversations-Americas/dp/0887306675 Disclaimer This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.

Bill Hwang of Archegos Capital had a 10x return on his money in less than 7 years. He went from a net worth of “just” $200 million to over $20 billion dollars. Then it all came crashing down when one of his investments turned against him -- causing a catastrophic chain reaction. Check out the episode to learn about Bill’s story. Music: https://pixabay.com/ Sources: https://www.focusonthefamily.com/contributors/bill-hwang/ https://www.youtube.com/watch?v=MhMhg97fmzE https://www.bloomberg.com/news/features/2021-08-31/city-to-pittsburgh-please-annex-us Disclaimer: This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.

Our environment has a huge effect on our results. Guy Spier figured this out after the Great Financial Crisis stressed him out like crazy. That caused him to make a bunch of changes in his life to ensure that he’d optimize everything for investing success. In this episode, we’ll cover: [1:30] The story of how Guy dealt with the Great Financial Crisis [6:42] Mental blind spots in investing [10:02] How Guy Spier sets up his work environment for investing success [17:31] Why checking stock prices every minute might not be a good idea [19:02] Guy Spier's method of sorting through investment research and why the order of doing that is super important Sources: Education of a Value Investor:  https://www.amazon.com/gp/product/B00KF2JU2W/ref=dbs_a_def_rwt_hsch_vapi_tkin_p1_i0 Disclaimer: This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.

In previous episodes, we’ve covered people who are primarily known as investors. Arnold is more known for his bodybuilding, acting and political careers -- but this guy is a super smart investor as well. He started from $0 and now has a fortune estimated to be around $400 million dollars. In this episode we cover some great investments that Arnold made. We’ll discuss his real estate deals, movie negotiations and that time he bought a Boeing 747 as an investment! Sources: https://www.amazon.com/Total-Recall-audiobook/dp/B009JY6WEQ/ref=sr_1_1?dchild=1&keywords=total+recall+book&qid=1630260191&sr=8-1 Disclaimer This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.