MI Rewind: Contrarian Thinking w/ Codie Sanchez

Robert Leonard talks to Codie Sanchez about where her curiosity for becoming a contrarian came from, her favorite ways of building cash flow with no money, and a bunch more.

Codie Sanchez is a reformed journalist turned institutional investor. Throughout her career, she has worked the intersection of marketing and money, finding contrarian ways to invest.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

05:44 - Why Codie thinks the saying "Money can't buy you happiness" is wrong.

11:14 - The importance of books in contrarian thinking.

14:44 - Why rental properties might be a dumb idea according to Codie.

22:01 - How Codie financed a laundromat deal that went viral on Twitter because it had a net of $67,000 when it only needed $100,000 to close.

28:16 - What the quote, “The world is the classroom, the school is the prison,” means.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

• Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
• Codie Sanchez’s Twitter Thread 10 Hard Truths About Getting Rich.
• Codie Sanchez’s free e-book 28 Passive Income Ideas.
• Christopher Hitchen's book Letter to a Young Contrarian.
• Andrew Robert's book Churchill: Walking with Destiny.
• Morgan Housel’s book The Psychology of Money.
• David Swensen’s book Unconventional Success.
• Mark Manson’s book Subtle Art: Counterintuitive Approach to Living a Good Life.
• All of Robert’s favorite books.

NEW TO THE SHOW?

• Check out our Millennial Investing Starter Packs.
• Browse through all our episodes (complete with transcripts) here.
• Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance.
• Enjoy exclusive perks from our favorite Apps and Services.
• Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
• Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

• TurboTax
• Public
• Airbnb

Connect with Codie: Website | Twitter | LinkedIn

Connect with Robert: Website | Twitter | Instagram 

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