My Worst Investment Ever Podcast
Business:Investing
BIO: John Talty is the senior sports editor and SEC Insider at Alabama Media Group. He is the Wall Street Journal best-selling author of The Leadership Secrets of Nick Saban: How Alabama’s Coach Became the Greatest Ever.
STORY: John left New York to take a new job in Jackson, Mississippi. He didn’t do any research before he went and was miserable the moment he arrived.
LEARNING: It’s OK to move on to the next thing if your decisions go wrong. Sometimes you have to move around a little to find the right spot.
“Anytime you make a mistake, or you have a bad investment, learn from it. That’s the most important thing.”John Talty
Guest profile
John Talty is the senior sports editor and SEC Insider at Alabama Media Group. He is the Wall Street Journal best-selling author of The Leadership Secrets of Nick Saban: How Alabama’s Coach Became the Greatest Ever. His work has been featured on ESPN, Sports Illustrated, and CBS Sports, among other national outlets.
Worst investment everWhen John was in his 20s, he worked in New York at a business publication and was doing well. An opportunity to take a job elsewhere came up, and he decided to take it without much thought. John broke up with the girl he was dating then, packed up his meager possessions in his little Honda Civic, and drove from New York City to Jackson, Mississippi.
In Jackson, Mississippi, John didn’t know a single soul and hated every bit of living there. Two months into it, his boss called him into his office to find out how he was settling in. John was so miserable and ready to quit his job. He told his boss that if the next month would be as bad as the previous months, he’d leave Jackson.
John’s biggest regret was moving into a new city without researching and thinking about the end game.
Lessons learnedWhen making a decision, always think about the endgame. Do your research so you have an understanding of what you’re walking into. This will make it a little easier to navigate that challenge.
John’s recommended resourcesJohn’s number one goal for the next 12 months is to write another book. He also wants to give himself at least one moment every day to appreciate something about his life or what he’s doing.
Parting words“I appreciate you having me on so. I enjoyed our conversation and hope people got something out of this.”John Talty
[spp-transcript]
Connect...
Rizwan Memon - Have Enough Liquidity When Shorting Naked Calls
Enrich Your Future 01: The Determinants of the Risk and Return of Stocks and Bonds
Mark Kohler - Take Ownership of What You’re Doing Wrong
Jusper Machogu - Africa Needs More Fossil Fuels Not Aid
August Biniaz - Be a Specialist Not a Jack of All Trades
William Browder - Don’t Go to Russia
ISMS 41: Larry Swedroe – Focus on Managing Risk Not Returns
Chris Ball - If They’re Not 100% Right, Don’t Hire Them
Vivek Raina - Nobody Can Beat You at What You’re Good At
William Cohan - Power Failure: The Rise and Fall of An American Icon
Tony Fish - Be Brave to Ask the Unsaid Questions
ISMS 40: Larry Swedroe – Market vs. Hedge Fund Managers’ Efficiency
Chris Kendall - Don’t Underestimate the Funding Needed to Go Big Time
Riggs Eckelberry - Don’t Go into Any Industry Unprepared
ISMS 39: Larry Swedroe – Don’t Choose a Fund by Its Descriptive Name
Lark Davis - Take Your Profits and Run Away
Sam Primm - Be Intentional About What You Invest In
Marc Faber - The Value of True Diversification
Coach JV - Diversify Inside and Outside the Asset Class
ISMS 38: Larry Swedroe – The Self-healing Mechanism of Risk Assets
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast