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Business Roundtable


Business Roundtable with Matt Battaglia

The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business.

BRT 2.0 looks at the new trends in business, and how classic industries are evolving. We Profile the current Players weekly in an Interview format to give you an inside look, to learn from their own experiences.

Popular Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, & More

BRT Podcast Home Page: https://brt-show.libsyn.com/

BRT / Wealth for Life: HERE

 

More Info: https://www.economicknight.com/podcast-brt-home/

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Mar 24, 2020

How to Navigate the Market with Real Diversification (in the Pandemic Crash) & Lessons from Hollywood

- BRT S01 EP7 3-22-2020

 

What We Learned This Week

  • Assets - Own different Cash Flowing Assets to Diversify
  • Market Cycles – Understand what Market Cycle the Market is in, is there a Bubble?
  • Tiger 21 Club - Follow this super investor group for ideas
  • The Godfather - Negotiation - 'I am going to make him an offer he cannot refuse'
  • The Dark Knight - What's the Problem - In business you need to be able to identify the real problems

 

 

Guest: Denver Nowicz / Wealth for Life  https://wealthforlife.net/

Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing’.

 

 

Markets are inefficient, and often irrational. Humans are emotional and tend to panic when they see scary headline on CNBC. People sell on fear of a recession, disregarding the fact that many of these big companies will not go out of business. 

Trading in the Markets have changed with all the super computers and algorithms involved in daily stock trading. Computers can create huge sell offs in the market, because of the programs and indicators they operate off of - artificial intelligence. 

Financial Advice should be more holistic. Too much advice is based on buying stocks, vs growing your overall net worth. To grow wealth, one must have cash flowing assets. You want to put yourself in a solid financial position owning different assets (like real estate, stocks, etc.) so you can handle economic downturns. 

The stock market value is all on paper until you sell, so it is inefficient on capturing gains. The wealthy may only have 20 - 30% of their money in the stocks. It is hard to be consistent and disciplined in your investing. You need ways to generate cash, and lock in gains. 

It is important to understand Market Cycles, and how they work, plus how long they will last. Howard Marks writes often on this topic, in his memos or the book he wrote on the topic (here is a summary). If you can recognize these cycles, it helps in investment planning. 

Tiger 21 Club - Follow this super investor group for ideas, and how they diversify their investments. Allocation usually has 25% in real estate, 25% in stocks, 25% in private equity, 10% in cash, and the rest is Bonds or other investments. 

https://tiger21.com/

 

MB on Business Lessons from the Hollywood Movies

From marketing to negotiating, these classics are full of insights that business owners can apply quickly. 

The Godfather

  1. Negotiation - 'I am going to make him an offer he cannot refuse', build relationships to have currency with people, do favors for people, build allies, in case you need help later 
  2. Remain Calm - 'It's nothing personal, it's only business', keep your wits about you, plan and organize your biz moves, there are solutions (often simple ones) if you are thinking clearly
  3. Loyalty - 'Don't ever take sides with anyone outside the family', remember who your allies and partners are, careful not to make short term alliances that 

The Dark Knight

  1. What's the Problem - In business you need to be able to identify the real problems so you focus in the right areas - identify potential disruptive forces, & do not be in denial
  2. Good vs Bad Decisions or Partners - making choices to solve short term issues, riding out some volatility, being careful not to create bigger problems long term - being adaptable & anticipate future issues, being organized & calm 
  3. Understand Your Value & Skills - get paid properly for your time, and skills, work with clients that can afford you and also respect your skills   

 

 

If you enjoyed this show, you may like:

https://brt-show.libsyn.com/size/5/?search=marketing

BRT Hollywood: HERE

 

 

Sales / Mktg Topic: https://brt-show.libsyn.com/category/Sales-Marketing-Networking-HR

 

 

Link to Taxes Show on 10/31/2021 w/ Denver: Here

Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here

Link to Shows, Denver was a Guest: Here

 

 

‘Best Of’ Topic: https://brt-show.libsyn.com/category/Best+of+BRT

Investing Topic: https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement

More 'Best of Investing': Here

 

 

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Please Subscribe to the BRT Podcast. 

 

 

Business Roundtable with Matt Battaglia

The show where EntrepreneursHigh Level Executives, Business Owners, and Investors come to share insight and ideas about the future of businessBRT 2.0 looks at the new trends in business, and how classic industries are evolving

Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more… 

BRT Podcast Home Page: https://brt-show.libsyn.com/

‘Best Of’ BRT Podcast: Click Here

BRT Podcast on Google: Click Here

BRT Podcast on Spotify: Click Here                   

More Info: https://www.economicknight.com/podcast-brt-home/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

 

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.