It’s no surprise I am interested in four letter .com domains. Compared to three letter .com domains, they are like the silver (trading mostly in low hundreds). The three letter .com domains would then be like the gold, trading in low to mid five figures.
So that got me thinking, how does real gold work? Why some of greatest financial minds advise investing in gold? Last year I read Tony Robbins, Money: Master the Game where Ray Dalio shared his formula for accumulating wealth, known as the all seasons strategy.
Among other things, gold was in his portfolio and he also explained how 50% stocks and 50% bonds isn’t necessarily the right asset allocation. Why? Because history has shown that stocks handle 95% of the risk and bonds only 5%. So the percentages should be different, and there should be some gold in there. Why? I’ll give you sneak peak on one of my takeaways, since the US Dollar is off the gold standard, price of gold per ounce went up 3000% since 1971.
Anyway, I thought to myself… Gold, that sounds easy, it’s a simple chemical element. Hence James Rickards, The New Case for Gold and my 5 takeaways after listening to this audiobook.
As for the recording itself, I was in Crikvenica and my microphone died after barely few months and 10 videos… I recorded this video without the microphone, what can I say, show must go on.
New book, new city, new video, new post!
This time I was listening to an audiobook by Daymond John, The Power of broke. I liked the book, and I had no problem finding 5 takeaways, and I am looking forward to integrating them into my business. If you are a fan of Shark Tank like me, Daymond John doesn’t need an intro. If you are not, then suffice it to say Daymond John is the founder of Fubu a billion dollar clothing company, investor to dozens of startups and an advisor to US president Obama.
As for the recording of this video, I was able to make some progress by buying a cable extension for my microphone, so finally the microphone is under the shirt, not flying around (finally!)! Since my first video I couldn’t have imagined standing on a square with so many people and recording a video, but I am getting more and more comfortable in front of the camera (while people are walking by). This helps with the recording, takes less time and I am able to say what I actually intend to say. Also I am seeing progress with not reading so much of the screen. Earlier I was using my iPad as a clutch for reading, now my old iPhone does the trick.
I also changed the YouTube thumbnail just a little bit. For this video (and perhaps future videos as well) I’ve decided to start with the title and put my company’s logo at the bottom with a “sponsored by” tagline instead of just a dash. Here’s the video!