#109: The 5 Things I Did To Become a Better Investor

I get asked a lot about investing. This is mostly due to start-up investing and the hoopla around it, but I've expanded my experiments to late-stage deals, real estate, and more. So far, my startup bets are 10x+ more successful (on paper) than my publishing career. Based on cashed-out positions, they're still several times more successful. I've had a lucky stretch. By no means am I an elite investor, but I've borrowed from elite investors since 2007. I'm incredibly fortunate that amazing people have been very generous with their time. Thank you, all! I've made hundreds of survivable mistakes, networked my little bald head off, and--net-net--I'm happy with the results. In this short podcast episode, I'll explain the 5 (or so) steps I took to become a better investor, starting at ground zero. Caveat emptor: I am NOT a financial advisor, and none of this advice should be taken without speaking to a qualified professional first. Also, my results could be due to pure luck and zero skill. M'kay? M'kay. Hope you enjoy, and please let me know in the comments if you'd like more of this. Or what you'd like more of. Related reading that I mention in the audio: Rethinking Investing How I Created a Real-World MBA Things I Learned and Loved in 2008 (Lots of Financial Lessons) This podcast is brought to you by Wealthfront. Wealthfront is a massively disruptive (in a good way) set-it-and-forget-it investing service, led by world-famous investors technologists from places like Apple. It has exploded in popularity in the last two years, and they now have more than $2.5B under management. In fact, some of my good investor friends in Silicon Valley have millions of their own money in Wealthfront. Why? Because you can get services previously limited to the ultra-wealthy and only pay pennies on the dollar for them, and it’s all through smarter software instead of retail locations and bloated sales teams. Check out wealthfront.com/tim, take their risk assessment quiz, which only takes 2-5