51: Why Did Elon Buy 9.2% of Twitter? Nick Maggiulli on Building Wealth, Buying The Dip & Crypto

<p>Nick Maggiulli (@dollarsanddata) joins Jack, Trung &amp; Bilal to discuss Elon buying 9.2% of Twitter (+ joining the board) and Nick's rules for building wealth, the 2x rule, crypto, when to buy a house &amp; investing for the long term.</p><br><p>Timestamps:</p><ul><li>0:00:00 – Intro to Nick + Why Elon Bought 9.2% of Twitter?</li><li>0:07:09 – Twitter Edit Button. + NFTs PFPs</li><li>0:16:51 – How Jack Dorsey Feels</li><li>0:20:21 – Nick’s Book “Just Keep Buying” + Writing Background</li><li>0:29:00 – Philosophy Behind The Book + Thoughts on Bitcoin</li><li>0:37:47 – Wealth Building + Not Buying Individual Stocks</li><li>0:48:41 – When To Buy a House</li><li>0:56:22 – The 2X Rule</li><li>1:07:29 – Index Funds + Staking</li><li>1:17:25 – “Just One More Drink”</li></ul><p><br></p><p>What Is Not Investment Advice?</p><p>Every week, Jack Butcher, Bilal Zaidi &amp; Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.</p><br><p>Watch + Subscribe on YouTube:</p><p><a href="https://youtu.be/TriHbXqJpiA" rel="noopener noreferrer" target="_blank">https://youtu.be/TriHbXqJpiA</a></p><br><p>Join our group chat on Telegram:</p><p><a href="https://t.me/notinvestmentadvice" rel="noopener noreferrer" target="_blank">https://t.me/notinvestmentadvice</a></p><br><p>Let us know what you think on Twitter:</p><p><a href="https://www.twitter.com/bzaidi" rel="noopener noreferrer" target="_blank">@bzaidi</a></p><p><a href="https://www.twitter.com/trungtphan" rel="noopener noreferrer" target="_blank">@trungtphan</a></p><p><a href="https://www.twitter.com/jackbutcher" rel="noopener noreferrer" target="_blank">@jackbutcher</a></p><p><a href="https://www.twitter.com/niapodcast" rel="noopener noreferrer" target="_blank">@niapodcast</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> Our GDPR privacy policy was updated on August 8, 2022. Visit <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for mor