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MI Rewind: Contrarian Thinking w/ Codie Sanchez
Description
Robert Leonard talks to Codie Sanchez about where her curiosity for becoming a contrarian came from, her favorite ways of building cash flow with no money, and a bunch more.
Codie Sanchez is a reformed journalist turned institutional investor. Throughout her career, she has worked the intersection of marketing and money, finding contrarian ways to invest.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
05:44 - Why Codie thinks the saying "Money can't buy you happiness" is wrong.
11:14 - The importance of books in contrarian thinking.
14:44 - Why rental properties might be a dumb idea according to Codie.
22:01 - How Codie financed a laundromat deal that went viral on Twitter because it had a net of $67,000 when it only needed $100,000 to close.
28:16 - What the quote, “The world is the classroom, the school is the prison,” means.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
- Codie Sanchez’s Twitter Thread 10 Hard Truths About Getting Rich.
- Codie Sanchez’s free e-book 28 Passive Income Ideas.
- Christopher Hitchen's book Letter to a Young Contrarian.
- Andrew Robert's book Churchill: Walking with Destiny.
- Morgan Housel’s book The Psychology of Money.
- David Swensen’s book Unconventional Success.
- Mark Manson’s book Subtle Art: Counterintuitive Approach to Living a Good Life.
- All of Robert’s favorite books.
NEW TO THE SHOW?
- Check out our Millennial Investing Starter Packs.
- Browse through all our episodes (complete with transcripts) here.
- Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our
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