• Dollars, Gold and Bitcoin with John S. Pennington Jr - Part 1 of 2- 182

  • May 9 2024
  • Duración: 50 m
  • Podcast

Dollars, Gold and Bitcoin with John S. Pennington Jr - Part 1 of 2- 182  Por  arte de portada

Dollars, Gold and Bitcoin with John S. Pennington Jr - Part 1 of 2- 182

  • Resumen

  • Allen Welcome passive traders. Welcome to another edition of the Option Genius Podcast. Today, I am here with someone that's going to blow your mind. I'll give you his name, you probably haven't heard from him. But what he says is going to make a big difference for you. So John S. Pennington Jr. in 2008, co founded a family of private investment funds that by 2021 had over $28 billion of assets under management and completed a successful IPO on the New York Stock Exchange. John then retired that same year but remains a significant stakeholder and is now partner Emeritus at the company. He has been married 38 years with three sons, five grandchildren, and he recently wrote a book which we're going to be talking about called Dollars, Gold, and Bitcoin. It's right here, I could not put it down, you can find it on Amazon and Audible. You guys need to get a copy of this book, because we are not going to be able to talk about everything in this book on this interview. John, thank you so much for being here. John Allen, so good to be here. Thanks for having me. Allen So now I have done. I have heard you speak in the past. And so a few podcasts, I don't should have looked at the episode, but it's one of the past episodes called billionaire lessons. I have talked a little bit and gone over some of the things that you presented on which were covered in your book as well. So it was one of our most popular episodes, really happy that you're here. I just want to get into it. So the book is titled dollars gold and Bitcoin. Now I've already you know, talked about your successful guy you're doing well. Why did you write this book? John When I retired, some people asked me to speak on stage. And I, you know, I didn't charge them. And I just went to these masterminds and I thought, What do I want to talk about? And, you know, I just I looked at what everyone else talks about. And I thought, well, I got to talk about something different. So I started talking about economics and the Federal Reserve and the strength of the dollar and how, you know, the dollar is just a fantastic product worldwide. And I actually, you know, followed the Federal Reserve and how they promoted the US dollar over the years, and how they nudged people to make their product more acceptable around the world. And I kind of used that formula. In my company, or me and my partner's company, as we grew, we kind of use the same type of tactics that the Federal Reserve and the US government has used over the years to promote their number one product, which is the US dollar. And so so it's kind of a, it's kind of reflection of my business history. But it's also a reflection of how I studied and watched the the greatest product ever become the greatest product ever. How did it get there, and then I just kind of wanted to learn from the best. So I just kind of use those tactics with me and my partners to kind of push our business kind of the same way. So that's why I kind of wrote it. Allen Cool. Now, you know, the first time I heard you speak, I've heard you speak twice. And the first time and second time, I'm listening to you, and you are taking these what seemed to be very random events around the world. Yes. It's like, Oh, this guy said this, made this comment. And then this person visited this country, and then nothing happened. And then that happened. And then you took all of these to me, they were just random, you know, like watching the news. You story after story. But you took them and you whoa, this intricate, detailed story that linked them all together. And I'm like, Whoa, how does this guy think like this? how do you how do you come up with this? , John I don't I don't know. I just I just I think as an entrepreneur my whole life, I started my, well, my career, but when I was a young man, I just was really slow reader. I wasn't a good, I wasn't a good student. And I knew that I could not survive in corporate America. I just knew it would eat me alive. It didn't I just wouldn't fit there. And so I knew I had to be my own boss. And that means I probably need to just start my own companies. And so I remember looking in the mirror and this is I think I was 17 or 18. And I said to myself, these words and and I I've repeated this in the mirror, every year, 10 times a year, whatever, I don't know how many for 30 something 40 years, but I said this to myself in the mirror of John, you're not afraid of being poor. And John, you're not afraid of being old, you're just afraid of being old and poor at the same time. And that is stuck with me to push myself in the areas of, I have to start my own business, I have to save money to take risk, right. And so I started 14 businesses in my lifetime ish. And three, I've made a lot of money on obviously, the one I did with the funds and still in it made a lot of money, I three I've lost money on and the rest of them in the middle, you know, I made some money on them, they were pretty good for...
    Más Menos
activate_primeday_promo_in_buybox_DT

Lo que los oyentes dicen sobre Dollars, Gold and Bitcoin with John S. Pennington Jr - Part 1 of 2- 182

Calificaciones medias de los clientes

Reseñas - Selecciona las pestañas a continuación para cambiar el origen de las reseñas.