CW 518 – Douglas Goldstein – Applying Chess Strategies to Investing with Author of ‘Rich As A King’

Jason reads two articles to the audience. One is about the perception of Wall Street from Business Insider and another on CEO wages from Newser. Jason encourages you to leave him a voicemail on your opinion about the articles. Today's guest is Douglas Goldstein. Douglas is the author of Rich As A King and he talks to Jason on using the concept of chess to become a more strategic investor. 

 

Key Takeaways:

[3:40] There's one common theme in the CNBC show American Greed – investors didn't have control. 

[8:05] Be sure to check out this upcoming Flashback Friday episode.

[10:40] Jason reads an article from Newser about CEO wages. Send him a voicemail on your thoughts about this article. 

[16:05] Jason introduces Douglas. 

[22:15] How do we apply chess to our investments? 

[30:30] Focus on one piece of your investment and try to make it just slightly better. 

[35:30] What are zero coupon bonds? 

 

Mentioned In This Episode:

http://www.businessinsider.in/A-fresh-reminder-of-the-average-persons-perception-of-Wall-Street/articleshow/47331522.cms

http://www.newser.com/story/206794/ceo-pay-hits-wild-milestone.html

RichasaKing.com

 

@RichasaKing