In this engaging conversation, Gladys Kali and Georg Klausner explore the intricate relationship between emotions and investment decisions. They discuss the psychological factors that influence financial choices, the importance of setting clear investment goals, and the impact of social environments on financial mindsets. The dialogue emphasizes the need for financial education, overcoming fear in investing, and the realities of real estate investments. They also touch on the role of social media, effective learning habits, and the significance of failure in achieving success. Finally, they consider the future of investing in the context of AI and the importance of long-term investment strategies.

Links:

Gladys' book

Gladys' LinkedIn
Gladys' Website

Takeaways

• Emotional decisions often lead to poor investment choices.
• Understanding the subconscious mind is crucial in finance.
• Defining clear investment goals helps in decision-making.
• Social environment influences financial beliefs and behaviors.
• Overcoming fear is essential for successful investing.
• Real estate investments require thorough research and understanding.
• Social media can distort perceptions of financial success.
• Creating effective learning habits is key to financial literacy.
• Failure is a stepping stone to success in investments.
• Diversifying income sources is vital for financial stability.

Chapters

00:00 Understanding Emotional Investment Decisions

03:33 The Role of Emotions in Financial Decisions

05:52 Setting Goals for Investment Success

08:33 Overcoming Fear in Investment

10:56 Influence of Environment on Financial Mindset

13:25 Shifting Mindsets for Better Financial Decisions

16:07 The Importance of Financial Education

18:26 Real Estate vs. Other Investments

20:52 The Changing Landscape of Investment Opportunities

23:31 Motivating Yourself to Learn Investing

28:48 Planning for Retirement: The Importance of Financial Awareness

29:24 Learning Habits: Finding What Works for You

34:09 Entrepreneurship: Lessons from Building Businesses

37:25 Navigating Uncertainty: The Impact of AI on Jobs

39:18 Embracing Failure: Learning from Mistakes

45:27 Investing Wisely: The Role of Luck and Knowledge

Keywords

investment, emotional decisions, financial education, investment goals, fear in investing, real estate, social media, learning habits, failure, AI, long-term investments

Disclaimer: This Podcast Episode serves for Financial Education only and does not constitute Financial Advice.

In this conversation, Georg Klausner interviews Frank Maeda, Head of EU Expansion of The Coffee, a Brazilian coffee chain that merges Japanese design and culture with coffee consumption. They discuss the evolution of coffee consumption, the influence of Japanese aesthetics, the franchise model, investment opportunities, and insights into the European real estate market. Frank shares personal experiences, life lessons, and the importance of investing in oneself, while also hinting at future plans for expansion into new markets.

Takeaways

• The Coffee was founded in 2018 in Curitiba, Brazil.
• The company operates in 27 countries and aims to expand to 30.
• Coffee consumption has evolved through three waves, with the third wave focusing on quality and culture.
• Japanese design influences the branding and aesthetic of The Coffee.
• The franchise model allows for local adaptation while maintaining brand integrity.
• Investing in coffee franchises requires an initial investment of 100k to 250k.
• The average return on investment for franchisees is around 18 months.
• Real estate opportunities vary by market and require thorough research.
• Surrounding oneself with supportive and ambitious people is crucial for success.
• Failure is a necessary step towards achieving success.
  

Chapters

00:00 Introduction to The Coffee Company

06:47 Interntional Influence on Coffee Culture

11:49 European Real Estate Insights

36:05 Urban Identity and Logistics

40:46 Global Expansion Plans

46:04 The Value of International Relations

53:08 The Role of Music in Life

58:44 Learning from Failure

01:04:44 The Best Investments in Life

Disclaimer: This is financial education only, not advice – always consult a professional.

Summary

In this conversation, Anton Wigg shares his journey from a competitive childhood to becoming a professional poker player. He discusses the strategic and psychological aspects of poker, comparing it to chess and trading. The conversation delves into the investment strategies used in poker, the importance of community among players, and the mental fortitude required to succeed in high-stakes environments. Wigg emphasizes the blend of skill and luck in poker and how these elements translate into broader investment philosophies. In this conversation, Anton Wigg shares insights from his experiences in high-stakes poker and entrepreneurship. He discusses the intense nature of the World Series of Poker, emphasizing the importance of nutrition for maintaining peak performance. Anton draws parallels between poker and business, highlighting the lessons learned from observing human behavior in high-pressure situations. He introduces his venture, Apex Intelligent Solutions, aimed at modernizing poker coaching and making the game more accessible. The discussion also touches on the role of AI in enhancing the learning experience, the value of embracing failure, and the importance of personal growth and ownership in one's career.

Takeaways

• Poker is a blend of strategy and chance.
• Understanding your opponents is crucial in poker.
• Investment strategies in poker can apply to business.
• Community plays a significant role in the poker world.
• Mental fortitude is essential for high performance in poker.
• The psychological aspect of poker can differentiate amateurs from professionals.
• Game Theory Optimal strategies can enhance poker play.
• Risk management is key in both poker and investments.
• Success in poker often requires adapting to different game structures.
• Building a network of fellow players can lead to better opportunities. Nutrition is crucial for maintaining high performance in poker.
• Understanding human behavior in poker can inform business strategies.
• Apex Intelligent Solutions aims to modernize poker coaching.
• Personalizing the poker experience is key to attracting new players.
• AI can enhance the learning process in poker training.
• Embracing failure can lead to significant personal growth.
• Investing in oneself yields compounding benefits over time.
• Taking ownership of decisions is essential for success.
• The poker community can be revitalized by changing perceptions of the game.
• Creating a supportive environment encourages more people to engage with poker.

Chapters

00:00 The Journey into Poker

06:19 The Psychological Game of Poker

11:35 The Evolution of Poker Strategy

17:12 Poker and Investment: Lessons Learned

24:27 Navigating the Tax Landscape of Poker

34:12 The Freedom of Choice in Gambling

39:36 The Role of Sponsorship in Poker

44:37 Winning Without First Place

50:51 High Performance in Poker Tournaments

59:48 Lessons from Poker in Business

01:08:59 Personalizing the Poker Experience

01:16:03 User-Centric Product Development

01:26:45 Embracing Change and Growth

01:37:24 Advice for New Graduates

01:44:24 Recommendations for Future Guests

Disclaimer

The content provided solely serves as financial education, not as financial advice.

Keywords

poker, strategy, luck, psychology, investment, community, performance, mental fortitude, game theory, risk management, World Series of Poker, nutrition, high performance, poker lessons, business, Apex Intelligent Solutions, AI in poker, entrepreneurship, personal growth, coaching