YW 77- Zac Bissonnette - Good Advice From Bad People

Zac Bissonnette is an author of several different books and is recently coming out with a new one called, “Good Advice From Bad People.” Today he sits down with Jason to give you a little insight about what you can learn from the book as well as talk about some of the problems with expensive colleges. Join Jason today and learn a couple of things about Lance Armstrong, Donald Trump, and more.

 

Key Takeaways:

3:00 – When we know nothing about a person/celebrity, make them our role model, and when they fall, we look back and wonder why they were considered a hero in the first place.

5:10 – Dick Fuld said, “When you know what you're talking about, others will follow you because they're safe to follow you.” A few years later Fuld lead the largest bankruptcy in US history.

6:12 – There's very little accountability in Wall Street.

6:30 – One of Zac's favorite financial failures is Donald Trump.

9:30 – There's a leaked video from Jim Cramer bragging about how stupid SEC is and pretty much giving a finger to investors.

10:40 – Jim Cramer is on television too often to actually know anything. The research is being done by someone else.

13:45 – OJ Simpson said, “The day you take complete responsibility for yourself, the day you stop making any excuses, that's the day you start to the top.”