My Worst Investment Ever Podcast
Business:Investing
BIO: Ryan Dusick is an associate marriage and family therapist, life coach, mental health advocate, and the founding drummer of the world’s most popular band, Maroon 5.
STORY: Ryan’s worst investment ever was spending a decade of his time, energy, and focus believing that he had control over his life. Simply playing God with the reality of his existence.
LEARNING: Happiness comes from connection and purpose. Investing yourself in something meaningful to you establishes purpose.
“If you want to achieve certain things in your life, you must put yourself out there and be prepared for setbacks, disappointments, and failures.”Ryan Dusick
Guest profile
Ryan Dusick is an associate marriage and family therapist, life coach, mental health advocate, and the founding drummer of the world’s most popular band, Maroon 5.
He is also a columnist for Variety Magazine and the author of the new book “Harder to Breathe: A Memoir of Making Maroon 5, Losing It All, and Finding Recovery.”
His life has been a long and winding road from an aspiring pop star with anxiety to a heartbroken alcoholic to a thriving mental health survivor and messenger of hope in recovery.
Worst investment everThe worst investment Ryan ever made was investing a decade of his time, energy, and focus into an illusion. The illusion was that he had control over his life, simply playing God with the reality of his existence. There were moments in that decade that were pleasant, enjoyable, and fun for Ryan.
Maintaining the lie that Ryan had control of his life and that he could escape the feelings that were so painful was an exercise in futility. Life just got worse over time. His coping skills deteriorated. Ryan had invested in a way of life that was harming him and not benefiting him in any way other than maybe a moment of pleasure from time to time.
Lessons learnedIf you want to achieve certain things in your life, to a certain extent, you have to put yourself out there and be prepared that there may be setbacks, disappointments, and failures. That’s part of the process, ultimately, of getting to where you want to be. Those setbacks, disappointments, and failures don’t make you a failure or mean it’s the end of the road. It’s part of the process of pursuing something valuable to you.
No.1 goal for the next 12 monthsRyan’s number one goal for the next 12 months is to be more of a professional speaker, step it up to the next level, and share some of the things he’s learned on a bigger scale. He also wants to continue to write more.
Parting words“Good luck to you on your journey. If it’s been a while for you, it’s still coming. Just be open to it.”Ryan Dusick
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Connect with Ryan Dusick
Further reading mentioned
Brenden Kumarasamy – Follow the Data, Not Your Emotions
Julian Klymochko – Arbitrage Trades Don’t Always Turn Out to Be Risk-free
David Hay – The Importance of Range Expansion
Rex Salisbury – Quitting Can Be a Very Important Skill to Exercise
ISMS 23: Larry Swedroe – Do You Allow Yourself to Be Influenced by Your Ego and Herd Mentality?
Harvey Sawikin – Do Your Own Homework
Paul Krake – Surround Yourself With Experienced People
Noel Smith – Always Have Risk Measurements in Place
ISMS 22: Toyota vs. EV Extremists – Who Is Right?
Guillermo Cornejo – Don’t Underestimate the Value of Experience
Eugene Ng – Keep Playing the Long-Term Game of Investing
ISMS 21: CPI Collapsing Across the Globe
Nick Maggiulli – Don’t Buy Individual Stocks
ISMS 20: Larry Swedroe – Do You Extrapolate From Small Samples and Trust Your Intuition?
Larry Shumbres – Invest in What You Know and Is Regulated
Jesse Felder – Don’t Rationalize a Lousy Trade
ISMS 19: 5% March 2023 CPI Could Fall to 4% By Year-End; If Oil Doesn’t Fly
Sachi Wickramage – Target the Customer With the Problem at Scale
ISMS 18: Dave Collum – What Makes Your Investments Good or Bad
Vincent Deluard – Know the Difference Between a Trade and an Investment
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