In this episode Sal, Adam & Justin have an in-depth conversation with attorney, banker and real estate investor Chris Naghibi about the state of banks and the economy.
Chris’s “lazy moron” journey into the career he has now. (1:58)
What role do ‘rules & regulations’ play in some of these economic crises? (17:57)
Successful, but not stress-tested. (25:44)
What is a “run on the bank” and why is it so dangerous? (32:00)
Inflation’s comparison to losing body fat. (44:16)
Why in order to win you have to be an extremist. (48:38)
The impacts of institutional buying. (51:38)
His thoughts on long/short-term leases. (57:35)
How do these interest rate hikes affect banks? (1:03:58)
Playing ‘political chicken’ with the debt ceiling. (1:07:05)
Going down the rabbit hole on the future of digital currency. (1:13:02)
How retail traders influence the market. (1:18:45)
In order to create, we must destroy. The impact of A.I. (1:21:17)
Where can you put your money, earn the most, and spend the least? (1:31:50)
We are now trying to find ways to give people opportunities they didn’t earn. (1:35:40)
Changing your idea of investing. (1:39:37)
The impacts of hybrid work for society. (1:44:09)
Lessons learned from underwriting the wealthy. (1:51:22)
DO NOT confuse net worth with success. (2:03:46)
How does he wrestle with how his kid will inherit money? (2:08:19)
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Welcome To The Higher Standard
Forget luxury goods, US shoppers are now using buy-now-pay-later services to pay for groceries
SVB collapse: Peter Thiel's role scrutinized as spark of bank run
Fractional Reserve Banking: What It Is and How It Works
Retail Traders Are Making Risky Bets on Regional Bank Stocks
Is the Market Right to Be Concerned About Regional Bank Exposure to Commercial Real Estate?
Housing Market Shifts Are Pushing Out the Biggest US Home Buyers
Biden and McCarthy say debt limit meeting was productive but it ends without a deal
No, Biden isn’t forcing homebuyers with good credit to pay more than borrowers with bad credit
Die With Zero: Getting All You Can from Your Money and Your Life – Book by Bill Perkins
Featured Guest/People Mentioned
Christopher M. Naghibi (@chrisnaghibi) Instagram
Saied M. Omar (@saiedm.omar) Instagram
