Posts by Andrew Stotz
Andrew Stotz on the WealthFit Podcast
Andrew was recently a guest on Dustin Mathews’ podcast WealthFit talking about three strategies for investing for people that don’t call themselves investors but would love the idea of passive income or even active income from investments, and much more.
Read MoreBusiness DNA: Revolutionary Townhouse Design to Beat the Competition
After making ice buckets in his youth in Chonburi on Thailand’s eastern seaboard and then as a goldsmith in Bangkok, Thongma Vijitpongpun went back to night school to finish his high school education. In 1993, he founded Pruksa and built it into one of Thailand’s largest property developers.
Read MoreThe Government Can Take Anything Away with Douglas Tengdin
My Worst Investment Ever: Was not so much terrible as it was memorable. In 1988, he was in his late 20s and was a bond trader for a mid-sized US bank.
Read MoreTrading Currencies and Commodities is Harder than You Think with David Stein
My Worst Investment Ever: Stopped trading but forgot to close a trade set to buy silver when it fell to an arranged level. Price kept falling; when he realized what had happened he had lost around US$25,000.
Read MorePersistence Helps You Recover From Disasters with Mario Nawfal
My Worst Investment Ever: After successes, he ventured into blockchain. Started IBC, grew it to 7 figures in 6 months. Trusted colleague set to be CEO disappeared. ‘Snake’ had been funneling clients away.
Read MorePut the Proven Power of Diversification on Your Side with Lex Sokolin
My Worst Investment Ever: Gordon-Gekko type manager invoked team spirit, told staff to invest in Lehman’s stock. No breaks for Lehman’s in US bailouts. Company stock and Lex’s 401K go to zero.
Read MoreStart-Ups Always Look Great, Plan for the Worst with Jen Greyson
My Worst Investment Ever: Becomes investor and CEO to re-invent corporate world. Costs sink in as deadlines pass and keep passing. Major complications hit.
Read MoreDo Not Avoid Risk, Manage It
An essential part of investing is risk management; in the long run risk management often matters more than picking the highest performing assets at certain points in time.
Read MoreSeduced by Cricket with Suresh Mahadevan
My Worst Investment Ever: Was an angel investor in a startup that tried to harness India’s other religion – cricket. The company’s fantasy cricket app was to be first of its kind. Invested US$100K, was seduced by the fact that noted cricket personality was solo founder.
Read MoreYou Can’t Plan for a 1,000-Year Flood with Jason Bible
My Worst Investment Ever: House in smart part of Houston refurbished for flipping valued at US$1m. Hurricane Harvey drenches city for many days. Project house flooded out and ruined, saying goodbye to US$250k.
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