The New Way For Ordinary People To Build Wealth - Tony Robbins - #1153
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What motivated Tony Robbins to write a new book on investing and how did his experience shape it?
People of the UK and Island, I'm coming to you live. Imagine that. Me on stage in your city. Dublin is completely sold out, but everywhere else has got limited tickets left, and you can get yours now at chriswilliamson.live. This is a custom-built live show. I absolutely adore it. I've spent over a year working on it. So if you're a fan of everything modern wisdom, come and see me on stage this October around the UK and Island, ChrisWilliamson.live. Despite being just four percent of the global population, Americans made up nearly fifty percent of the world's new millionaires in twenty twenty five. You've written three books in this area Why another one on finance? What what hadn't you said already?
Good question. I I never even write the first book. Uh in fact, I hadn't written a book for almost 15 years. I don't enjoy writing books. I like the the variety and the aliveness of interaction, what happens. Um, but when 2008 happened, I was really annoyed because I worked with Paul Tudor Jones, one of the greatest financial traders of history. I've coached him for almost 30 years. So I had some insights to what was going on. And at the end of it, I thought somebody's gonna get punished, something's gonna happen, because of a small number of people. people basically almost destroyed the world economy. And what I saw was their reward or their punishment was we gave them more money. And so about twenty ten, eleven, twelve, I started saying, Man, something's gotta happen here.
And I was mad because it was like Right now the game seems like it's rigged and the average person thinks that they can't win. And I wanna know could they? And so since I've got access, I said, I'm gonna interview fifty of the smartest financial investors in history, the most successful, the Ray Dallias, the Carl Icons, the Warren Buffett's, all of them, Paul Tudors. And I'm gonna find from them whether the game is really winnable still. And so I wrote this book, Money Master the Game. I want to write a book that my billionaire clients would be blown away by, but I could also someone just starting the journey would do it. And we were successful, number one New York Times bestseller, really great. But then, you know, people are not prepared for what happens.
And while I didn't know COVID was coming, anyone can anticipate the changes in the market. And so I run unshakeable because I wanted people not to lose when the markets change. And people that applied that got tremendous value. But then along the way, so many people are behind. Like they're so far behind in terms of their investments, in terms of their the retirements. And so how do you get there? Well, you gotta get better returns, but usually requires bigger risks. And one of the people I became really good friends was Ray Dalio, who's, you know, the greatest investors in history. They call him the Da Vinci. And um and one of the days I met him, I was supposed to have a thirty minute interview and four hours later when we left, that's part of how we became friends, because I studied everything about him.
But one of the final questions I asked him was What's the single most important investment? you know, principle that you know of. If there's one principle to guide people, what would it be? Cause I'd now I'd gathered all these brilliant people and I'd come down to like these core four things that everybody needs to do. Everybody needs to protect downside risk and that's not what most people think about, right? The best investors on earth are all about don't lose money. Which so counterintuitive, but they do it by asset allocation. They don't ever put all their eggs in one basket. They know how to allocate well. So when they lose, they can still win. They know if you lose fifty percent. You gotta make a hundred percent return to get even.
Most people don't do the math properly on their head. But the biggest thing I saw was asymmetric risk reward. Then when they went to risk a dollar, like Paul Tudor, his goal is if I think I'm making an investment, I gotta believe I'm risking a dollar to make five.
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Chapters
8 chapters
1
What motivated Tony Robbins to write a new book on investing and how did his experience shape it?
0:00–10:12
2
How does Tony define the “holy grail” of investing and why is asset‑allocation so critical?
10:12–22:12
3
Why does Tony say protecting downside risk is more important than chasing returns?
22:12–33:37
4
What alternative investments (sports franchises, private equity, venture capital) does Tony recommend for ordinary investors?
33:37–44:23
5
How have recent SEC and Labor Department rule changes opened private‑market investments to everyday people?
44:23–54:04
6
What role do mindset (scarcity vs. abundance) and personal “buckets” play in wealth‑building decisions?
54:04–1:03:50
7
How does Tony’s decision‑making framework (O‑O‑C‑E‑M‑R) help investors choose the right opportunities?
1:03:50–1:15:32
8
What does Tony see as the biggest opportunities and risks in AI, quantum tech, and energy for the next decade?
1:15:32–1:30:06
Speakers
1 identifiedMore from Modern Wisdom
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