Summary notes:
John D. Rockefeller and Andrew Carnegie are two classic examples of people who understood the future of an industry. Rockefeller understood energy during the Industrial Revolution and Carnegie understood infrastructure.
JP Morgan was the financier that understood the future and organized capital from the UK to invest into early America. Warren Buffett is known as the finance king of the service age. Bob Johnson and Oprah Winfrey understood the future of media for cable TV. Jay Z made a fortune understanding how to sell music and other goods through continually evolving media outlets.
To achieve understanding, it is important to have an open mind and not judge the perspective of others. Understanding is key to success, as it leads to being able to predict the future and make beneficial investments
Timestamps
0:01:45 Understanding Perspective and Open Mindedness in Investing
0:04:06 Financing and Media Revolutionaries of the Industrial and Service Ages
0:06:08 Understanding the Impact of Volatility on Investors and Workers in a Changing Economy
0:10:21 Understanding the Youth and the Impact of Inflation
0:13:13 Having Faith in the Next Generation
Powered by Stone Hill Wealth Management
https://stonehillwealthmanagement.com/
The Benefits and Misunderstandings of ESOPs
WBMS Docuseries: Healthy Mind, Body, and Spirit (Episode 2)
The Big Industrial Economy Short
Planning for a Successful Marriage and Retirement
Overcoming Financial Overwhelm
Baby Boomers' $7.9 Trillion Worth of Businesses
The Future of AI: Embrace Change and Unlock Infinite Potential
Understanding Real Interest Rates and Their Impact on Investments
ESOP: A Powerful Strategy for Business Owners to Sell and Retain Talent
Understanding the Real Economy
WBMS Docuseries: Healthy Mind, Body, and Spirit (Episode 1)
New Retirement Opportunities and Tax Benefits Under the Secure Act 2.0
Improving the Value of Your Balance Sheet
Preserving Purchasing Power in Changing Economy
Understanding Beneficial Ownership Reporting
The Importance of Exit Strategies
Buying and Selling Businesses
The Benefits of Regularly Reviewing Your Financial and Estate Plan
Lessons on Business Planning and Exit Strategies
Understanding the Factors that Affect the Value of Your Business
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast