Dan Martell - July 18, 2023


I’ll never invest in luxury items

Hosted by
Dan Martell
How to Fix Your Confidence Perfectionism is procrastination in disguise.

Episode Stats


Length

40 seconds

Words per minute

204.75

Word count

138

Sentence count

8


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Here s why I ll never invest in luxury watches, cars, or clothes. It s very simple. I just don t wanna go down the rabbit hole of having to learn all that stuff to make a good investment. So I don t invest in things I don't know. I buy software companies that I know how to operate.

Transcript

Transcript generated with Whisper (turbo).
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 Here's why I'll never invest in luxury watches,
00:00:03.160 cars, and clothes.
00:00:04.540 It's very simple.
00:00:05.600 When I look at where I spend my time,
00:00:07.520 my mental capacity, and the things that interest me,
00:00:10.540 understanding the watch industry, the car industry,
00:00:14.100 the real estate industry,
00:00:15.440 which I get can all be income, value add.
00:00:19.380 I just don't wanna go down the rabbit hole
00:00:21.500 of having to learn all that stuff to make a good investment.
00:00:24.460 So I don't invest in things I don't know.
00:00:26.260 So while everybody else and all the influencers
00:00:28.060 or buying watches and cars and all that stuff.
00:00:31.500 I'm buying software companies
00:00:32.380 that I know how to operate, I know how to add value to.
00:00:35.080 Then I buy back my time to go create cool memories
00:00:38.240 and experiences with people I care about with my family.