Find Fat Fishβs Codcast #3: Becoming An Investor (Part 3) | Start Before You Study πβοΈπ₯·π£πΈ
Becoming an Investor - Find Fat Fishβs Codcast
Release Date: 05/25/2025
Becoming an Investor - Find Fat Fishβs Codcast
In this episode, Cole & Jacob deep dive... 00:00 β Why Wealth Inequality Is Bad and Where Itβs Going 7:19 β Why Diversifying Your Investments Wonβt Solve Wealth Inequality 10:31 β The Flaws of Financial Education 17:28 β Reasonable Goals for Amateur Investors 22:02 β Jacobβs Initial Understanding of Equity, and What It Means 23:48 β What to Do When Youβre Confused With Financial Jargon 25:02 β The Importance of Moving to an Ownership Mindset 26:28 β A Couple Important Factors to Help People Overcome Odds 30:06 β Five More Important Factors 33:20 β Most Important...
info_outlineBecoming an Investor - Find Fat Fishβs Codcast
00:00 β Helping Jacob's Mum 3:18 β Volatility is not Risk 6:10 β Understanding Joey Publicβs Misperception of Risk in Volatility 11:32 β How to Escape the Weeds of Volatility Media 16:20 β Why Volatility Headlines Are Worth Overlooking (Safely)β¦ 21:09 β How Companies Are Vulnerable to Political Turbulence 24:58 β How to Evaluate a Companyβs Hidden Diversification 27:03 β What Companies Donβt Die? 30:32 β Why Listening to Successful Investors Is Helpful 33:00 β How to Keep an Open Mind 36:59 β Coleβs Experience Helping People 44:56 β Why Avoiding Volatility Is...
info_outlineBecoming an Investor - Find Fat Fishβs Codcast
Cole (a multi-decade veteran of stock picking & investing) helps Jacob (who runs a barbershop & fight clubππ₯) launch a successful lifetime of investing, as Cole's father did for himπ’π£ ββββββββββββββββββββββββββββββ 0:00 β What You Must Do To Launch Your Lifetime of Investing 2:50 β Where to Look for Information Around Investing and the Importance of Experience 7:00 β Why Cole Didn't Need to Read Investing Books to Start, and How Cole's Dad's Cruise Ship Lectures Helped Him Form His Own Strategy 10:50...
info_outlineBecoming an Investor - Find Fat Fishβs Codcast
Cole (a multi-decade veteran of stock picking & investing) helps Jacob (who runs a barbershop & fight clubππ₯) launch a successful lifetime of investing, as Cole's father did for himπ’π£ βββββββββββββββββ *In this episode, Cole & Jacob deep dive...* βInvesting vs. Kamikaze-ingβ πΈπ₯𧨠(Investing vs. Instant Gratification) Understanding the Impact of Your Choices β Math-Wise π± How to Deal With the Terror of Math π° (And Why Itβs Important for Life) Investing vs. Getting a Mortgage (βDeath Pledgeβ) β...
info_outlineBecoming an Investor - Find Fat Fishβs Codcast
Cole (a multi-decade veteran of stock picking & investing) helps Jacob (who runs a barbershop & fight clubππ₯) launch a successful lifetime of investing, as Cole's father did for himπ’π£ ββββββββββββββββββββββββββββββ In this episode, Cole & Jacob deep dive... Wealth Creation vs Optionality Creation AmericanπΊπΈ vs Australianπ¦πΊ vs New Zealandπ³πΏ Worldviews On Investing How Cole Learnt Investing In 1 Week On A Cruise Ship The Artistic & Entrepreneurial Benefits Of "Strategically-Placed Trauma"...
info_outlineCole (a multi-decade veteran of stock picking & investing) helps Jacob (who runs a barbershop & fight clubππ₯) launch a successful lifetime of investing, as Cole's father did for himπ’π£
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0:00 β What You Must Do To Launch Your Lifetime of Investing
2:50 β Where to Look for Information Around Investing and the Importance of Experience
7:00 β Why Cole Didn't Need to Read Investing Books to Start, and How Cole's Dad's Cruise Ship Lectures Helped Him Form His Own Strategy
10:50 β Why Peter Lynch's Work is Extremely Important, but Why Books are a Flawed Distribution Mechanism if the Goal is Sustained Action
15:00 β How Stock Newsletters Help But Don't Solve The Problem At Its Core
20:23 β How Cole's Opinions and Investing Strategy Differed From His Dad, And Why Personal Direction and Critical Thought are Imperative for Investors
28:30 β Cole's Post-Mortem On Becoming Over-Diversified, and How Winning Big by Concentrating Creates Unexpected Challenges
36:30 β Why Amateur Investing Is About Thinking For Yourself, and How To Fortify Your "Me, Inc." Muscle
43:30 β Investing's Hardest Actions (They're Doable)
44:36 β Defining Useful Leadership: "The Person That Offers People Power"
52:47 β How to Filter Information: "Uninformed Pessimism" vs "Uninformed Optimism" vs "Informed Pessimism" vs "Informed Optimism"
55:40 β How to Outsmart "Analysis Paralysis" (with targeted help from Tim Ferriss)
1:00:53 β How Cole Prepares for Volatility, Emotionally & Strategically
1:02:38 β Why Blaming "Wall Street" For Your Investing Problems Is Lazy
1:03:36 β Why Everyone Has The Brains To Be Successful At Investing, But Not Everyone Has The Gender-Ambiguous Balls
1:09:00 β How To Crush Your Skeptics With One Sentence: The Art of Informed Optimism
1:09:50 β An Uncomfortable Exercise That Will Help You Stop Financially Procrasturbating
FIN π ββββββββββββββββββββββββββββββ
Welcome to *Becoming An Investor* (the first layer of *Find Fat Fish's Codcast* ποΈπΆπ‘)! Cole (a multi-decade veteran of stock picking & investing) helps Jacob (who runs a barbershop & fight clubππ₯) launch a successful lifetime of investing, as Cole's father did for himπ’π£
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*Find Fat Fish's Mission: "Respect To The Man In The Ice Cream Van"* π«‘π¦ We believe that 80% of the money (or more) will always belong to 20% of the people (or less), but that this should be 20 percent of the people, not twenty people. So we are here to crush preventable stupidity & help elevate the standard of amateur investing, one Finatic at a time: "I am smart enough to find a pick!" "I work because I want to, not because I have to." "I taught my financial advisor a lot! Then fired him." "There's no way I will outlive my money." "I am psyched for The Next Crash." ...These are wins we want to duplicate all around the world ππ£ with amateur investors who have urgency, solvency, and gender-ambiguous balls π²π² (if that's you, momentum is everything)
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Created by: Cole Hauptfuhrer πΊπΈπ¦Έπ»ββοΈ Produced, Edited & Co-hosted by: Jacob Mataiti π³πΏπ¨π½βπ Illustrations by: Steve Wasterval πΊπΈπ¨π»βπ¨ ββββββββββββββββββββββββββββββ
*Caveat Emptor: Latin for "Ass-Covering"* ππ‘οΈ If you can't make your own decisionsβand own your own mistakesβthen stay away from stocks. And no matter what: Never risk what you need. We are investing for the long-term, not gambling for the short-term. For the full fin-ancial legalese, peruse: https://findfatfish.com/caveat-emptor ββββββββββββββββββββββββββββββ