In this episode, I review the personal finance classic, The Richest Man in Babylon. This book provides the basic formula for building wealth. Every investor should be aware of the basic habits one must have to become rich. If you’d like to purchase The Richest Man in Babylon, I would appreciate it if you use […]
Stock-based compensation expense is a real expense for shareholders (Episode 003)
In this episode, I discuss the effect of stock options or stock-based compensation expense on the after-tax returns of shareholders. These expenses paid to executives as compensation are often excluded from expenses when non-GAAP earnings are reported. An approximate transcript is shown below: Hello and welcome to Episode 3 of the DIY Investing Podcast. […]
Gradualism Mental Model (Episode 002)
In this episode, I discuss the mental model of Gradualism and how to become a millionaire by investing only $1 a day. Gradualism is a mental model built upon biology and geography which can be leveraged to enable you to achieve financial independence. An approximate transcript follows below: Hello and welcome to Episode 2 […]
Mythbusting: Stocks are riskier than Bonds (Episode 001)
In this episode of The DIY Investing Podcast, I discuss the common myth that stocks are riskier than bonds. Join me as I bust this myth, by discussing the capital asset pricing model, beta, volatility, and redefine risk for an investor. See below for an approximate transcript of the podcast: Hello and welcome to Episode […]