Brian Feroldi

speaker

282 appearances 2 recordings 1 series first heard Apr 2022 last heard Dec 2022

Brian Feroldi’s voice in public audio — every appearance, attributed to the second.

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Australian Finance Podcast · Our best bits of The Australian Finance Podcast in 2022 · 26 Dec 2022 podcast

And it was even faster on the way up to like, nope, the market's going to go straight up from there.

So dealing with volatility is never easy.

However, now that I've been through numerous downturns and upturns, it makes it easier to do so, but it's still not easy.

Australian Finance Podcast · Why does the stock market go up? | Ft. Brian Feroldi · 11 Apr 2022 podcast

Doing great because it's not 5am where I am.

So I'm nice and chipper.

What time is it?

Sure.

So I graduated from college in 2004 and I graduated with a degree in business.

Now you might think that I was naturally taught a lot about investing in the stock market and money, given that I was a business major.

Nope.

I graduated from college with essentially next to zero education about money, about investing, about the stock market, about 401ks, about all the things that are incredibly important information for people to learn how to build wealth over long periods of time.

But when I graduated, my dad handed me a copy of a book that was very popular at the time called Rich Dad, Poor Dad by Robert Kiyosaki.

That book was at the pinnacle of its importance in society.

And I read it cover to cover in two days.

It was the first time that I'd read a book that talked about some of the most basic concepts about wealth and wealth building and how the rich think about money differently than everybody else.

And while I have gripes with that book today, and I don't necessarily agree with everything that it talks about, it was the first time that I heard things like everybody is in business for themselves.

The rich use their money to buy assets.

The poor use their money to buy liabilities.

anybody can become wealthy in one generation you can use uh the tax code uh to your advantage and all those concepts just completely blew my mind like they were the very first time that i'd heard about them uh before and for for whatever reason those concepts were just extremely appealing to me like in my my personality so i just like latched on to them immediately and

And that just kicked off a never-ending binge of me really consuming financial content.

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