🇺🇸 United States Episodes

My guests today are Rick Ruback and Royce Yudkoff. Rick and Royce are Harvard Business School professors who teach their students how to search for, acquire, and run small business directly after graduation. It has been almost a decade since our first conversation, and unlike many past interviews that have become outdated due to technology or market changes, the core principles they shared about entrepreneurship through acquisition remain remarkably relevant today. They explore fascinating developments in the search-fund ecosystem, including the bifurcation between funded searchers targeting larger companies and self-funded entrepreneurs finding success with smaller businesses. Rick and Royce share their accumulated wisdom on what makes a company worth buying, why the "magic is in the multiples," and how their students consistently achieve impressive returns through patient, value-oriented business acquisition. Please enjoy my conversation with Rick Ruback and Royce Yudkoff. For the full show notes, transcript, and links to mentioned content, check out the episode page⁠ here.⁠ ----- This episode is brought to you by⁠ Ramp⁠. Ramp’s mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Go to⁠ Ramp.com/invest⁠ to sign up for free and get a $250 welcome bonus. –  This episode is brought to you by⁠ AlphaSense⁠. AlphaSense has completely transformed the research process with cutting-edge AI technology and a vast collection of top-tier, reliable business content. Invest Like the Best listeners can get a free trial now at⁠ Alpha-Sense.com/Invest⁠ and experience firsthand how AlphaSense and Tegus help you make smarter decisions faster. – This episode is brought to you by⁠ Ridgeline⁠. Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. Head to⁠ ridgelineapps.com⁠ to learn more about the platform. ----- Editing and post-production work for this episode was provided by The Podcast Consultant (⁠https://thepodcastconsultant.com⁠). Show Notes: (00:00:00) Welcome to Invest Like the Best (00:05:23) Changes in the Small Firm Acquisition Space (00:06:52) The Impact of SBA Loans on Acquisition Entrepreneurship (00:08:55) The Evolution of Entrepreneurship Through Acquisition (00:10:09) Risk and Return in the Search Fund Model (00:13:38) The Role of Investors in Funded and Unfunded Searches (00:19:33) Criteria for a Good Acquisition Target (00:28:36) The Growing Popularity of Self-Funded Searches (00:43:21) Challenges and Red Flags in Small Firm Acquisitions (00:49:47) Exploring Margin Expansion and Growth (00:51:02) The Impact of Practical Teaching in Business Education (00:52:12) Keys to a Successful Business Class (00:53:30) The Role of Theory in Practical Business Education (00:55:29) Challenges and Rewards of Teaching Business (00:57:46) Capital Allocation in Small Businesses (01:00:50) Advice for Aspiring Business Searchers (01:03:45) Value Creation and Business Lifecycle (01:08:20) Deciding to Leave Private Equity (01:11:20) The Future of Higher Education in Business (01:16:06) Ongoing Relationships with Former Students (01:18:45) Favorite Business Cases to Teach (01:24:46) Encouraging More People to Pursue Business Ownership

Louis travels to Los Angeles to sit down with Hollywood heavyweight and international adventurer, Sean Penn. Renowned for award-winning roles in films like Milk, I Am Sam and Carlito’s Way, Sean discusses his colourful life and career, including dining with Jack Nicholson and Vladimir Putin in Moscow, his relationship with Ukrainian president Volodymyr Zelenskyy and his notorious run-ins with the paparazzi. Warnings: Strong language.   Links/Attachments:    Fast Times at Ridgemont High (1982)  https://www.youtube.com/watch?v=vzva_I8WPAg     Mystic River (2003)  https://www.youtube.com/watch?v=W7NktJhrRYQ     Milk (2008)  https://www.youtube.com/watch?v=w5D07rmfwG0     Dead Man Walking (1995)  https://www.youtube.com/watch?v=kgvbfLNYumU     Carlito’s Way (1993)  https://www.youtube.com/watch?v=_ZMd4Baswb4    The Apprentice (2024)  https://www.youtube.com/watch?v=0_OeYJXXlw0     Superpower (2023)  https://www.youtube.com/watch?v=X54GUzUUM3w     One Flew Over the Cuckoo’s Nest (1975)  https://www.youtube.com/watch?v=OXrcDonY-B8     TV Show: ‘Euphoria’ (2019 – Present) - HBO  https://www.hbo.com/euphoria     Long Day’s Journey into Night (1962)  https://www.imdb.com/title/tt0056196/     TV Show: ‘Normal People’ (2020) - BBC / Hulu  https://www.youtube.com/watch?v=x1JQuWxt3cE    Shanghai Surprise (1986)  https://www.youtube.com/watch?v=NbW06buYw0Y     Song: ‘Like a Virgin’, Madonna (1984)  https://open.spotify.com/track/1ZPlNanZsJSPK5h9YZZFbZ     Becoming Madonna (2024) - Sky Documentaries   https://www.sky.com/watch/programme/4f309d01-57b4-42b1-92ca-82eef6ec747e     A Complete Unknown (2024)  https://www.youtube.com/watch?v=FdV-Cs5o8mc     Audiobook: ‘Chronicles, Volume I’, Bob Dylan (narrated by Sean Penn) (2004)  https://www.simonandschuster.co.uk/books/Chronicles-Volume-1-(Audio)/Bob-Dylan/9780743501613     TV Show: ‘Game of Thrones’ (2011-2019) - HBO  https://www.hbo.com/game-of-thrones     Sweet and Lowdown (1999)  https://www.youtube.com/watch?v=7w3fokY0kP0     Daddio (2024)  https://www.youtube.com/watch?v=PJrr2amlFyc  One Battle After Another (2025)  https://www.youtube.com/watch?v=Ap-j8e9J5U0     TV Show: ‘Merlin’ (2008-2012) - BBC  https://www.bbc.co.uk/iplayer/episode/b00dq8tn/merlin-series-1-1-the-dragons-call?seriesId=b00mjlxv-structural-1-b00dr74v     I am Sam (2001)  https://www.youtube.com/watch?v=ir6_2EkhzAc    Credits:  Producer: Millie Chu   Assistant Producer: Maisie Williams  Production Manager: Francesca Bassett   Music: Miguel D’Oliveira   Audio Mixer: Tom Guest  Video Mixer: Scott Edwards   Shownotes compiled by Immie Webb  Executive Producer: Arron Fellows       A Mindhouse Production for Spotify   www.mindhouse.co.uk   Learn more about your ad choices. Visit podcastchoices.com/adchoices

Dave Smith on the Douglas Murray debate and how he came to find God. (00:00) Dave Smith Breaks Down His Debate With Douglas Murray (10:11) The Biggest Moment of the Debate (15:30) The Moment Douglas Murray Destroyed His Career (35:54) The Real Reason They Want to Destroy Darryl Cooper (46:51) Sam Harris’s Attacks Against Dave Smith (1:09:00) How Con Inc. Tried to Buy Dave Smith (1:16:16) The “Woke Right” Absurdity Paid partnerships with: Silencer Central: Promo code Tucker10 for 10% off your purchase of banish suppressors at https://www.silencercentral.com  SimpliSafe: Visit https://simplisafe.com/TUCKER to claim 50% off & your first month free! PureTalk: Go to https://PureTalk.com/Tucker to make the switch Learn more about your ad choices. Visit megaphone.fm/adchoices

Last week, President Donald Trump nominated Dr. Casey Means to be surgeon general. Means is a wellness influencer and, along with her brother, a prominent advocate for Health Secretary Robert F. Kennedy Jr.’s “Make America Healthy Again” movement. WSJ’s Kristina Peterson reports on how Means’s nomination makes her the latest figure from the lightly regulated wellness industry who has been elevated by Kennedy. Jessica Mendoza hosts.     Further Listening:  - The Fight to Kick Soda Out of Food Stamps  - The Fight Over Fluoride  Sign up for WSJ’s free What’s News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

At the plant-based burger chain Slutty Vegan, Pinky Cole is flipping the script on vegan food with bold style. In conversation with host of "TED Radio Hour" Manoush Zomorodi, she shares the highs and lows of her entrepreneurial journey, from her roots in Baltimore to the grease fire that took her first storefront in Harlem. Learn more about the authenticity, resilience and community that went into building a multimillion-dollar vegan food empire.For a chance to give your own TED Talk, fill out the Idea Search Application: ted.com/ideasearch.Interested in learning more about upcoming TED events? Follow these links:TEDNext: ted.com/futureyouTEDSports: ted.com/sportsTEDAI Vienna: ted.com/ai-vienna Hosted on Acast. See acast.com/privacy for more information.

Episode 706: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about offline businesses that are crushing it.  — Show Notes: (0:00) Be a $1M dollar business spotter (4:56) Swim lessons franchise (6:34) AWS for the Amish (17:25) At home pet euthanasia service (25:37) Take out order call center (42:35) Cheat code: Coaches (52:13) Add a performance — Links: • Steal Sam's guide to turn ChatGPT into your Executive Coach: https://clickhubspot.com/ogh • Goldfish Swim School - https://goldfishswimschool.com/  • IbyFax - http://ibyfax.com/  • Lap of Love - https://www.lapoflove.com/  • Tarro - https://www.tarro.com/  • Owner - https://www.owner.com/  — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

My guest is Dr. Christopher Gardner, Ph.D., professor of medicine and director of nutrition studies at Stanford. He is known for his pioneering research on the impact of dietary interventions on weight loss and health. We compare ketogenic, vegetarian, vegan and omnivorous diets—and why there is no one-size-fits-all approach. All agree, however, that eliminating or dramatically reducing processed foods is best for health. We discuss the protein needs controversy; plant vs. animal proteins; the importance of fiber and low-sugar fermented foods for gut health and inflammation; and how diet affects gene expression. We also review food allergies—including gluten, wheat, dairy and soy—as well as raw dairy. The episode offers data-supported advice for healthier eating. Read the episode show notes at hubermanlab.com. Thank you to our sponsors AG1: https://drinkag1.com/huberman Eight Sleep: https://eightsleep.com/huberman Mateina: https://drinkmateina.com/huberman BetterHelp: https://betterhelp.com/huberman LMNT: https://drinklmnt.com/huberman Levels: https://levelshealth.com/huberman Timestamps 00:00:00 Christopher Gardner 00:02:32 Is there a Best Diet?, Individual Needs, Geography & Diet, Lactose 00:11:02 Sponsors: Eight Sleep & Mateina 00:13:49 Raw Milk, Lactose Intolerance 00:20:33 Wheat Allergies, Gluten Intolerance; Celiac Disease 00:25:12 Processed Foods, Food Dyes, Research Outcomes, NOVA Classification, GRAS 00:33:44 Processed Foods, Economic & Time Considerations, US vs European Products 00:39:59 Food Industry Funding, Investigator Influence, Equipoise, Transparency 00:50:10 Sponsors: AG1 & BetterHelp 00:53:11 Industry Funding, National Institute of Health (NIH) 00:56:41 Whole Food, Plant-Based Diet; Diet Comparison, DIETFITS, A TO Z Study 01:10:24 Nutrition Naming, Omnivore, Meat, Animal Feeding Operations (CAFO) 01:17:14 Transforming American Diet; Taste, Health & Environment 01:22:26 Sponsor: LMNT 01:23:43 Food Preparation, Chefs, Improve School Food 01:29:54 Scalability, Mega-Farms, Small Farm & Farmer Loss 01:34:25 Protein Requirements, Dietary Protein Recommendations, Standard Deviations 01:45:33 Protein & Storage 01:52:12 Plants & Complete Proteins?, Legumes, Bioavailability 02:01:58 Sponsor: Levels 02:03:17 Beyond Meat, Impossible Meat, Ingredients, Sourcing Meat, Salt 02:09:18 Vegan vs Omnivore Diet, Twin Study, Cardiometabolic Markers, Genes, Microbiome 02:20:24 Health Science Communication, DEXA; “Protein Flip” Diet; Food Patterns, Caloric Intake 02:31:29 Microbiome, Inflammation, Fiber, Tool: Low-Sugar, Fermented Food 02:45:32 Acknowledgements 02:47:55 Zero-Cost Support, YouTube, Spotify & Apple Follow & Reviews, Sponsors, YouTube Feedback, Protocols Book, Social Media, Neural Network Newsletter Disclaimer & Disclosures Learn more about your ad choices. Visit megaphone.fm/adchoices

Snap a flare off - it’s Mr. Pete Buttigieg. We talk trucks, fish, the WWE, rush-delivery marriage, and a cottage industry of custom homemade nail polish. What time did you eat your first M&M today? It’s an all-new SmartLess.

Cameron Hanes is a bowhunter, ultramarathon runner, podcaster, and an author. How should we deal with suffering? Most people do everything they can to avoid it, but a rare few seek it out. What if pain isn't just something to survive, but something that deepens our gratitude for the moments that truly matter? Expect to learn what drives Cam to do what he does and what being “undeniable” means to him, what the biggest lesson most people learn when they first go hunting is, the hardest thing Cam has ever done physically, if hard work beats genetics and pedigree, how Cam raised his sons and and what he would do differently, how the average people can train themselves to deal better with suffering, how Cam would feel if he felt truly worth of his acheivements, and much more… Sponsors: See discounts for all the products I use and recommend: https://chriswillx.com/deals Get 5 Free Travel Packs, Free Liquid Vitamin D, and more from AG1 at https://ag1.info/modernwisdom Get 35% off your first subscription on the best supplements from Momentous at https://livemomentous.com/modernwisdom Get a Free Sample Pack of all LMNT Flavours with your first purchase at https://drinklmnt.com/modernwisdom Get the best bloodwork analysis in America at https://functionhealth.com/modernwisdom Extra Stuff: Get my free reading list of 100 books to read before you die: https://chriswillx.com/books Try my productivity energy drink Neutonic: https://neutonic.com/modernwisdom Episodes You Might Enjoy: #577 - David Goggins - This Is How To Master Your Life: https://tinyurl.com/43hv6y59 #712 - Dr Jordan Peterson - How To Destroy Your Negative Beliefs: https://tinyurl.com/2rtz7avf #700 - Dr Andrew Huberman - The Secret Tools To Hack Your Brain: https://tinyurl.com/3ccn5vkp - Get In Touch: Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx YouTube: https://www.youtube.com/modernwisdompodcast Email: https://chriswillx.com/contact - Learn more about your ad choices. Visit megaphone.fm/adchoices

To get to school, work, or another town in Nepal, it helps if you don't have a fear of heights. That's because this mountainous terrain (it's home to Mount Everest after all) is connected via THOUSANDS of bridges. Whether permanent or seasonal, made of bamboo and rope or pulleys and wire, suspended above incredible mountains or rapid waters, the Nepalese have networked their country through amazing, unique, and exhilarating engineering. Find out how building and re-building bridges became a part of the nation's culture, and how trusting that a treacherous trip is worth the risk shapes the way the Nepalese perceive connection, community, and what in life we ought to hold onto. For more podcasts from the TED Audio Collective, subscribe at youtube.com/tedaudiocollectiveFor a chance to give your own TED Talk, fill out the Idea Search Application: ted.com/ideasearch.Interested in learning more about upcoming TED events? Follow these links:TEDNext: ted.com/futureyouTEDSports: ted.com/sportsTEDAI Vienna: ted.com/ai-vienna Hosted on Acast. See acast.com/privacy for more information.

Ponadto: czy filantropia miliarderów ma jakieś wady? Ten odcinek został pierwotnie wyemitowany 4 października 2020 roku.

To scale sustainably, founders must not neglect their mental health. Arianna Huffington learned this the hard way after collapsing from burnout while leading The Huffington Post. She talked with host Reid Hoffman about how that wake-up call sparked her next venture, Thrive Global, which helps companies build cultures that prioritize well-being. With work wellness insights from Huffington, Chris Yeh and Dr. Matt Walker, this 2018 episode feels more essential than ever.Subscribe to the Masters of Scale weekly newsletter: https://mastersofscale.com/subscribeSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Duncan Keegan doesn't consider himself a poet, but this deeply beautiful talk shows otherwise. With simple grace and quiet eloquence, he celebrates family, connection and togetherness, often most called for at the hardest of times.This is episode seven of a seven-part series airing this week on TED Talks Daily, where author, podcaster and past TED speaker Kelly Corrigan — and her six TED2025 speakers — explore the question: In the world of artificial intelligence, what is a parent for?To hear more from Kelly Corrigan, listen to Kelly Corrigan Wonders wherever you get your podcasts, or at kellycorrigan.com/podcast.For a chance to give your own TED Talk, fill out the Idea Search Application: ted.com/ideasearch.Interested in learning more about upcoming TED events? Follow these links:TEDNext: ted.com/futureyouTEDSports: ted.com/sportsTEDAI Vienna: ted.com/ai-vienna Hosted on Acast. See acast.com/privacy for more information.

Dr. Charan Ranganath is a cognitive neuroscientist, professor, and an author. What are memories? Our brains are shaped by countless experiences, but how exactly do we store these stories? Learn what makes some memories stick, why others fade, and how our minds handle the ones we'd rather forget. Expect to learn why memory is important, what the difference is between the experiencing self and the remembering self, How human memory works, why we remember some events so clearly and others vaguely or not at all, how we can make ourselves forget, the best memory improvement techniques, what the relationship between memory and novel experiences is, how our memories shaped by our social interactions, and much more… Sponsors: See discounts for all the products I use and recommend: https://chriswillx.com/deals Get up to $50 off the RP Hypertrophy App at https://rpstrength.com/modernwisdom Get 35% off your first subscription on the best supplements from Momentous at https://livemomentous.com/modernwisdom Get 5 Free Travel Packs, Free Liquid Vitamin D, and more from AG1 at https://ag1.info/modernwisdom Extra Stuff: Get my free reading list of 100 books to read before you die: https://chriswillx.com/books Try my productivity energy drink Neutonic: https://neutonic.com/modernwisdom Episodes You Might Enjoy: #577 - David Goggins - This Is How To Master Your Life: https://tinyurl.com/43hv6y59 #712 - Dr Jordan Peterson - How To Destroy Your Negative Beliefs: https://tinyurl.com/2rtz7avf #700 - Dr Andrew Huberman - The Secret Tools To Hack Your Brain: https://tinyurl.com/3ccn5vkp - Get In Touch: Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx YouTube: https://www.youtube.com/modernwisdompodcast Email: https://chriswillx.com/contact - Learn more about your ad choices. Visit megaphone.fm/adchoices

For decades, dollars have been the world's common financial language. Central banks everywhere hold dollars as a way to safely store their wealth. Countries, businesses, and people use it to trade; around 90% of all foreign exchange transactions involve dollars. It's the world's money, the world's "reserve currency."But what if that is changing? What if the world stops seeing the dollar as safe? Today on the show, what is a "reserve currency"? Why is it the dollar? And if the dollar falls from favor, what will replace it?This episode of Planet Money was produced by Emma Peaslee with help from James Sneed. It was edited by Marianne McCune with fact checking help from Sierra Juarez. It was engineered by Kwesi Lee. Alex Goldmark is our executive producer. The Dollar Trap by Eswar PrasadExorbitant Privilege by Barry EichengreenOur Dollar. Your Problem by Ken RogoffFind more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.Listen free at these links: Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts.Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.Music: NPR Source Audio - "Virtual Machine," "Fake Blood" and "Successful Secrets"Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

(0:00) The Besties intro Philippe Laffont! (2:12) Miami F1 Recap! (12:10) Fed holds rates steady on tariff uncertainty (32:47) Google drops after Apple sees fall in search queries on Safari (56:48) Creating a new Mag 7 (1:07:00) Private markets: Is traditional VC dead? Philippe details Coatue's new fund structure and what makes a great investor Follow Philippe Laffont: https://x.com/plaffont Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect Referenced in the show: https://polymarket.com/event/fed-decision-in-june/fed-decreases-interest-rates-by-50-bps-after-june-2025-meeting?tid=1746821096114 https://www.federalreserve.gov/newsevents/pressreleases/monetary20250507a.htm https://www.mlex.com/mlex/antitrust/articles/2337168/apple-exec-testimony-on-search-volume-drop-hurts-google-stock-price https://www.bloomberg.com/news/articles/2025-05-07/apple-working-to-move-to-ai-search-in-browser-amid-google-fallout https://blog.google/products/search/statement-press-reports-about-search-traffic https://x.com/EconomyApp/status/1915501252420784499 https://x.com/Similarweb/status/1920026287625658628 https://openai.com/index/leadership-expansion-with-fidji-simo https://files.pitchbook.com/website/files/pdf/Q1_2025_PitchBook-NVCA_Venture_Monitor_19001.pdf https://stockanalysis.com/ipos/statistics

AI innovator and OpenAI CEO Sam Altman sees a big problem on the horizon: As AI becomes more and more intelligent, how can anyone tell the humans from the bots? Altman’s World project thinks it has a solution. WSJ’s Angus Berwick unpacks the plan and explores some of the problems that have cropped up during the rollout. Annie Minoff hosts.  Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

For decades, conservative think tanks celebrated and supported black economist Glenn Loury. Then he expressed an unauthorized opinion on the Middle East and they dropped him in a second. (00:00) Introduction (01:13) Does Critical Thinking Still Exist in American Universities? (16:06) How Has MIT Changed? (21:29) Why Don’t We Debate Economics Anymore? (35:26) Was the Civil Rights Movement Good for Black Americans? (49:26) The One Thing Malcolm X Got Right Paid partnerships with: PreBorn: To donate please dial pound two-fifty and say keyword "BABY" or visit https://preborn.com/TUCKER Cozy Earth: https://CozyEarth.com/Tucker code TUCKER Learn more about your ad choices. Visit megaphone.fm/adchoices

Rick Doblin, Ph.D., is the founder and president of the Multidisciplinary Association for Psychedelic Studies (MAPS), a nonprofit established in 1986 to advance evidence-based psychedelic therapy and end prohibition. MAPS incubated Lykos Therapeutics (formerly MAPS Public Benefit Corporation) which is leading drug development of MDMA-assisted therapy for PTSD.  Learn more about Psychedelic Science 2025, June 16–20 at the Colorado Convention Center in Denver, at www.psychedelicscience.org, and visit www.maps.org for information on MAPS Learn more about your ad choices. Visit podcastchoices.com/adchoices

Episode 705: Shaan Puri ( https://x.com/ShaanVP ) sits down with Mohnish Pabrai ( https://x.com/MohnishPabrai ) about how to turn $10K into $1M.   Show Notes: (0:00) Simple = Genius (28:00) Never over-leverage (30:30) Risk vs uncertainty (33:00) Too hard pile (35:30) Be 1 inch wide, 1 mile deep (39:00) Learn from losers (43:30) A case for napping (48:00) Having an owner’s manual (53:00) Dying with zero (1:10:00) India’s Greatest Investor — Links: • Want to invest like a Billionaire? Get Mohnish's investment playbook: https://clickhubspot.com/mnp • Value Investors Club - https://www.valueinvestorsclub.com/  • Japan Company Handbook - https://tinyurl.com/489czpkp  • Dakshana - https://www.dakshana.org/ • BJ21 - https://bj21.com/ — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano