Ep. 74: Investing in What Matters
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This week, Will sits down with Matt for a conversation about the lessons that matter most. From building wealth and investing to family, relationships, and legacy, they explore the ideas that have shaped the way they think about life.
They talk about living below your means, raising children with intention, finding joy in the present, why relationships matter more than money, and the books and mentors that have influenced them along the way. They also dive into Charlie Munger's concept of inversion, the importance of a growth mindset, and what they would tell their younger selves if they had the chance.
If you're looking to build a meaningful life while making better decisions with your time, money, and relationships, this episode is for you.
As Promised:
1. Matt's Probability Formula:
Expected Return = (G × P) - (L X [1 - P])
- Where G is the expected gain if successful, L is the expected loss if it fails, and P is the probability of success.
2. The Book That Everyone Should Read:
- Mindset by Carol S. Dweck
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Matt DiMauro & Will Diesel
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