My First Million

Get our Investment Guide: https://clickhubspot.com/rgek

Episode 834: Sam Parr ( https://x.com/theSamParr ) sits down with former Goldman Sachs CEO Lloyd Blanfein ( https://x.com/lloydblankfein ) to talk about what he does with his money. 

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Show Notes: 

(0:00) Lloyd on Money, Day Trading, and Feeling “Rich”

(3:52) Meeting Elon

(5:23) What the worst traders have in common

(9:54) Warren Buffett’s handshake deal

(15:04) Lloyd breaks down his portfolio

(20:41) Advice to young investors 

(23:09) biggest mistakes

(25:54) Anxiety as a superpower

(27:54) Family finances

(31:35) Scarcity

(40:46) The Goldman Obituary Test

(43:53) Lessons from history

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Links:

• Streetwise - https://www.penguinrandomhouse.com/books/780438/streetwise-by-lloyd-blankfein/ 

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Check Out Sam's Stuff:

• Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm

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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 - Shaan uses Mercury for banking across all of his companies. you can too: http://mercury.com/ 

Mercury is a fintech company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC

• I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out:

beehiiv.com/mfm-challenge

My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /

Get our Business Idea Database: https://clickhubspot.com/wjsl

Episode 833: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) breakdown the biggest IPO of all time. 

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Show Notes: 

(0:00) what even is SpaceX

(7:11) What even is a trillion dollars?

(8:51) Launches explained

(9:07) Starlink

(14:07) Data centers in space

(17:39) Starship

(24:46) Grok

(28:06) a wonderful business at a silly price?

(34:16) the mission

(37:51) SBF's $114B fumble

(39:04) funny, weird, surprising nuggets from the IPO

(42:35Who's getting rich this week?

(51:13) The genius insight of Luke at Gigafund

(55:46) Pessimists get to be right, optimists get to be right

(59:12) Elon's comp package

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Check Out Sam's Stuff:

• Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm

—

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

• I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out:

beehiiv.com/mfm-challenge

My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /

Get our Investment Guide: https://clickhubspot.com/klsr

Episode 832: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to legendary fund manager Barry Ritholtz( https://x.com/Ritholtz ) about the behaviors that destroy returns for investors and how to avoid them. 

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Show Notes: 

(0:00) Intro

(2:19) christmas tree portfolio

(4:43) the cowboy account

(9:51) day trading

(11:09) Barry yells at Lloyd Blankfein

(13:46) panic selling

(16:45) sam picks a fight

(18:46) direct indexing

(21:43) Great investors 

(27:25) 90% of everything is crap

(36:14) Elon's foray into PE

(44:02) Predicting the housing crisis

(46:01) spending a year as the dumbest guy on wall street

(49:01) Why bubbles are good for the economy

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Links:

• How Not To Invest - https://www.hownottoinvestbook.com/

—

Check Out Sam's Stuff:

• Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm

—

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

• I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out:

beehiiv.com/mfm-challenge

My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /

Get our Unsexy Business Idea Database: https://clickhubspot.com/sfci

Episode 831: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) tell the story of a $270M/yr meat purveyor plus Nick Sleep’s letter and the framework that will make Elon a trillionaire. 

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Show Notes: 

(0:00) The $300M butcher

(18:28) Nick Sleep letters

(23:20) the idiot index

(35:44) breaking your own frame

(39:04) how to become a king maker

(51:49) Idea: Teen nerd awards

(57:23) Sam's List

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Links:

• https://www.lafrieda.com/

• https://www.omahasteaks.com/

• https://drinklmnt.com/

—

Check Out Sam's Stuff:

• Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm

—

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

• I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out:

beehiiv.com/mfm-challenge

My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /

Get our Business Idea Database: https://clickhubspot.com/frle

Episode 830: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) rate 7 crazy business ideas that are actually genius. 

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Show Notes: 

(0:00) Intro

(3:14) Pet Chat

(5:47) Super Brain

(9:44) At home hyperbarics

(13:03) Blue collar meta learning

(16:57) Endpoint Arena 

(21:54) Bathhouse + Steakhouse Experience

(27:46) Funday Press

(31:52) Dumb phones

(41:42) Zach Yadegari's new thing

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Links:

• HVAC Technician Trainining - https://www.meta.com/experiences/hvac-technician/9277146442386260/

• Endpoint Arena - https://endpointarena.com 

•  The Funday Press - https://thefundaypress.com 

• Dumb.co - http://dumb.co/

—

Check Out Sam's Stuff:

• Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm

—

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

• I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out:

beehiiv.com/mfm-challenge

My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /