Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Ric Elias

๐Ÿ‘ค Speaker
1377 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

And it's true.

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

Everything is a little brown.

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

I've stopped pursuing more.

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

That's why anything I do from here on out with my capital, the return on the capital, I don't invest anymore on funds.

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

I don't invest in anything.

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

I don't want to compound capital.

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

I know that sounds like opposite of what you would ever think.

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

I want to use my capital to compound other things that matter to me.

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

So I'm using my capital in Puerto Rico to do things that really matter to me.

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

This whole notion of purpose.

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

My original purpose is through my kids, is through my friends, is through my community.

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

But then I am incredibly privileged to broaden that purpose to things that are good for society.

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

That's all that matters.

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

Capital for capital what?

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

You're never going to be Bezos or whoever else.

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

That's a silly game.

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

You flipped something around on me earlier today that was really interesting around this idea of like 90-10 in a conversation where I think maybe you and I are both tend to really be curious about other people and ask a million questions and very often finish a conversation having only spoken 10% of the time or something like that, which I guess I've always thought is like a nice thing to do for somebody else, like be genuinely curious about them, like to think I'm that way.

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

But you had a different perspective on this.

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

Can you explain that?

Invest Like the Best with Patrick O'Shaughnessy
Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS]

Yeah.