How Transparency Wins the Day In Finance and In Life | Tim Sykes on Impact Theory скачать в хорошем качестве

How Transparency Wins the Day In Finance and In Life | Tim Sykes on Impact Theory

This week’s guest on Impact Theory is Timothy Sykes: a penny stock trader who turned $12,000 of Bar Mitzvah money into $4.8 million and became a millionaire before graduating college. He’s also the author of American Hedge Fund (https://amzn.to/2VHRtUj). In this episode, he talks about his rules for success in investing, why education is so important and why he’s grateful for all of his losses. SHOW NOTES: Why Tim Sykes is so hardcore about education (he learned all he knows through the internet) [2:47] How he traded up with $12,000 of bar mitzvah money and became a millionaire before graduating college. [4:11] Why people are going to fail in trading - he was wiped out at first because he “didn’t know the rules of the game.” [6:31] How to learn the rules of the game [8:04] As he says, “The key to making millions is making small profits over and over again.” [9:19] The difference between the people who win vs. the people who don’t and why all his students are from the midwest (it’s boring) [10:49] Why you should study the Egyptians if you want to create an empire. [11:33] What personality has to do with success and the key patterns he uses. [14:31] Why he thinks it would suck to have a billion dollars (but a few million is okay) [16:37] His tips for travel and having an amazing transformation [20:45] Something that would surprise people about being rich [21:16] Why now is the most unique time in history and most people are wasting it [23:18] How he got through the big losses in his career and used this strategy to get back to where he was. [27:30] Why he’s grateful for all his losses and says that without them he wouldn’t be a complete person. [30:36] QUOTE: “The internet is the most amazing tool we’ve had in centuries probably since the printing press like 500 years ago.” [20:02] IMPACT THEORY MERCHANDISE: Check out Impact Theory's Merch Shop: http://bit.ly/ImpactTheoryShop