Chris Camillo
👤 PersonAppearances Over Time
Podcast Appearances
Make small change, you know, try to help them still to maximize their career. That should all still happen. But teach them how to invest. It's not even teaching. Just convince them. You see, like I even hate that I just had to say the word teaching. You don't have to learn. You just have to be convinced. You just have to be convinced. And every single person has money to invest, period.
Make small change, you know, try to help them still to maximize their career. That should all still happen. But teach them how to invest. It's not even teaching. Just convince them. You see, like I even hate that I just had to say the word teaching. You don't have to learn. You just have to be convinced. You just have to be convinced. And every single person has money to invest, period.
Now, I know people are going to hear me say that and it's going to like result in a stream of angry comments because they're like, this guy is just completely out of touch. And no, I don't have money to invest. Yes, you do. You don't have money to invest because you're thinking about every dollar as a dollar. But like, this is a big...
Now, I know people are going to hear me say that and it's going to like result in a stream of angry comments because they're like, this guy is just completely out of touch. And no, I don't have money to invest. Yes, you do. You don't have money to invest because you're thinking about every dollar as a dollar. But like, this is a big...
Part of what I wrote about in my book a long time ago, when I turned $20,000 into $2 million in three years, and I'm not saying that people can do that. That was rare. But absolutely, you could turn every dollar to $100 over a much longer period of time as an investor just with compounding. And when you realize that, once you believe that, you'll start to think of every dollar as $100, right?
Part of what I wrote about in my book a long time ago, when I turned $20,000 into $2 million in three years, and I'm not saying that people can do that. That was rare. But absolutely, you could turn every dollar to $100 over a much longer period of time as an investor just with compounding. And when you realize that, once you believe that, you'll start to think of every dollar as $100, right?
And so when you start to think of every dollar in your life as $100, it changes everything. So I don't care who you are. There is a point to which you are not making trade-offs. You're not clipping coupons. You might clip $2 coupons, but you're not going to clip a $0.10 coupon. Well, all of a sudden, when everything's 100x, you're clipping 10-cent coupons. You're clipping 50-cent coupons.
And so when you start to think of every dollar in your life as $100, it changes everything. So I don't care who you are. There is a point to which you are not making trade-offs. You're not clipping coupons. You might clip $2 coupons, but you're not going to clip a $0.10 coupon. Well, all of a sudden, when everything's 100x, you're clipping 10-cent coupons. You're clipping 50-cent coupons.
You are, you know, I don't know. You're just doing all kinds of things differently in your life. You know, maybe you're mowing your yard now. Maybe you're making your coffee at home instead of going to Starbucks. All the things that weren't quite worth trading off are all of a sudden worth making a tradeoff for. Here's the difference.
You are, you know, I don't know. You're just doing all kinds of things differently in your life. You know, maybe you're mowing your yard now. Maybe you're making your coffee at home instead of going to Starbucks. All the things that weren't quite worth trading off are all of a sudden worth making a tradeoff for. Here's the difference.
That money that you save by doing all of those things, right, all goes into your investment account for risk assets, right? And so believe me, when you start thinking of every dollar as $100, and it will be $100 at some point, You start finding money in your life. I don't care what it is. I don't care. There are people on YouTube. They're actually insane with how to find money, right?
That money that you save by doing all of those things, right, all goes into your investment account for risk assets, right? And so believe me, when you start thinking of every dollar as $100, and it will be $100 at some point, You start finding money in your life. I don't care what it is. I don't care. There are people on YouTube. They're actually insane with how to find money, right?
Doing all these crazy things. And you're like, that is just way too much of a hassle to make an extra $3 or $4. But for $300, I'm doing it. And it is $300.
Doing all these crazy things. And you're like, that is just way too much of a hassle to make an extra $3 or $4. But for $300, I'm doing it. And it is $300.
Once you understand that by taking that money and investing it in risk assets over the course of a long period of time, that $3 is $300, boom, you're making $300 in the morning, you're making $300 at night doing this, like you're clipping, like you're doing all this stuff.
Once you understand that by taking that money and investing it in risk assets over the course of a long period of time, that $3 is $300, boom, you're making $300 in the morning, you're making $300 at night doing this, like you're clipping, like you're doing all this stuff.
Listen, it's different for everyone. It's different for every period of time. I can't predict how the next 30 years is going to go. But I do believe that this is one of the most interesting times to be an investor because of the age of AI that's quickly coming for us. So...
Listen, it's different for everyone. It's different for every period of time. I can't predict how the next 30 years is going to go. But I do believe that this is one of the most interesting times to be an investor because of the age of AI that's quickly coming for us. So...
in one way to think about this is, is our human labor to some extent is a little wolf for some period of time might get devalued, right? If, if we're creating a new industry and that industry is the industry of intelligence, historically that's come from us, right? So now there's an industry of intelligence. And if that industry of intelligence is going to devalue human intelligence,
in one way to think about this is, is our human labor to some extent is a little wolf for some period of time might get devalued, right? If, if we're creating a new industry and that industry is the industry of intelligence, historically that's come from us, right? So now there's an industry of intelligence. And if that industry of intelligence is going to devalue human intelligence,