My First Million

Get our Investment Guide: https://clickhubspot.com/klsr

Episode 832: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to legendary fund manager Barry Ritholtz( https://x.com/Ritholtz ) about the behaviors that destroy returns for investors and how to avoid them. 

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Show Notes: 

(0:00) Intro

(2:19) christmas tree portfolio

(4:43) the cowboy account

(9:51) day trading

(11:09) Barry yells at Lloyd Blankfein

(13:46) panic selling

(16:45) sam picks a fight

(18:46) direct indexing

(21:43) Great investors 

(27:25) 90% of everything is crap

(36:14) Elon's foray into PE

(44:02) Predicting the housing crisis

(46:01) spending a year as the dumbest guy on wall street

(49:01) Why bubbles are good for the economy

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Links:

• How Not To Invest - https://www.hownottoinvestbook.com/

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Check Out Sam's Stuff:

• Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm

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Check Out Shaan's Stuff:

• Shaan's weekly email - https://www.shaanpuri.com 

• Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.

• Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!

Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC

• I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out:

beehiiv.com/mfm-challenge

My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /

Get our Unsexy Business Idea Database: https://clickhubspot.com/sfci

Episode 831: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) tell the story of a $270M/yr meat purveyor plus Nick Sleep’s letter and the framework that will make Elon a trillionaire. 

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Show Notes: 

(0:00) The $300M butcher

(18:28) Nick Sleep letters

(23:20) the idiot index

(35:44) breaking your own frame

(39:04) how to become a king maker

(51:49) Idea: Teen nerd awards

(57:23) Sam's List

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Links:

• https://www.lafrieda.com/

• https://www.omahasteaks.com/

• https://drinklmnt.com/

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Check Out Sam's Stuff:

• Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm

—

Check Out Shaan's Stuff:

• Shaan's weekly email - https://www.shaanpuri.com 

• Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.

• Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!

Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC

• I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out:

beehiiv.com/mfm-challenge

My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /

Get our Business Idea Database: https://clickhubspot.com/frle

Episode 830: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) rate 7 crazy business ideas that are actually genius. 

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Show Notes: 

(0:00) Intro

(3:14) Pet Chat

(5:47) Super Brain

(9:44) At home hyperbarics

(13:03) Blue collar meta learning

(16:57) Endpoint Arena 

(21:54) Bathhouse + Steakhouse Experience

(27:46) Funday Press

(31:52) Dumb phones

(41:42) Zach Yadegari's new thing

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Links:

• HVAC Technician Trainining - https://www.meta.com/experiences/hvac-technician/9277146442386260/

• Endpoint Arena - https://endpointarena.com 

•  The Funday Press - https://thefundaypress.com 

• Dumb.co - http://dumb.co/

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Check Out Sam's Stuff:

• Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm

—

Check Out Shaan's Stuff:

• Shaan's weekly email - https://www.shaanpuri.com 

• Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.

• Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!

Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC

• I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out:

beehiiv.com/mfm-challenge

My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /

Sam & Shaan's hard-won CEO lessons in one guide: https://clickhubspot.com/eokb

Episode 829: Sam Parr ( https://x.com/theSamParr ) sits down with Tom Freston to talk about the insane story of starting MTV and shaping America in the 80s and 90s. 

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Show Notes: 

(0:00) Intro

(4:04) Millionaire by 26, broke by 33

(8:49) The first days of MTV (no frontal nudity)

(14:14) Music Videos

(19:03) How to spot culture-changing talent

(27:12) Making your employees party together

(31:56) Nickelodeon, SpongeBob, and Building Legacy IP

(35:21) Programming for a Specific Audience

(37:33) The Facebook Acquisition That Almost Happened

(41:25) Founders Who Refuse to Sell

(43:29) Rupert Murdoch vs. Sumner Redstone

(45:23) MySpace, Big Bets, and Getting Fired

(47:55) Inside the writers room

(51:33) Oprah Calling 

(54:00) The End of Monoculture and the Creator Economy

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Links:

Unplugged - https://a.co/d/0ef6YVu2 

—

Check Out Sam's Stuff:

• Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm

—

Check Out Shaan's Stuff:

• Shaan's weekly email - https://www.shaanpuri.com 

• Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.

• Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!

Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC

• I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out:

beehiiv.com/mfm-challenge

My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /

Get our Wealth Guide (35+ insights from top investors): https://clickhubspot.com/fvif

Episode 828: Shaan Puri ( https://x.com/ShaanVP ) and Sam Parr ( https://x.com/theSamParr ) talk to billionaire Joe Liemandt ( https://x.com/jliemandt ) about the experiment he’s put $1,000,000,000 of his own money into.

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Show Notes: 

(0:00) Joe, the total man?

(08:09) fighting bill gates for talent

(13:14) intensity

(16:18) choosing hard over easy

(19:00) how to be a magnet

(21:34) high standards

(23:29) being persuasive 

(29:23) simplicity: 3 ines, 3 words 

(34:41) is 2x faster really better?

(36:23) making kids run a 5k

(38:45) why be public now

(41:01) why put $1b into the lowest roi thing?

(50:03) buying SaaS companies

(51:06) cloning Warren Buffett's brain

(53:00) changing your brain lift

(57:19) is AI going to make everyone dumb?

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Links:

• Alpha School - https://alpha.school/ 

• 10 to 25: The Science of Motivating Young People - https://a.co/d/048Cfexh 

—

Check Out Sam's Stuff:

• Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm

—

Check Out Shaan's Stuff:

• Shaan's weekly email - https://www.shaanpuri.com 

• Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.

• Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!

Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC

• I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out:

beehiiv.com/mfm-challenge

My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /