In this episode Sal, Adam & Justin have an in-depth conversation with attorney, banker and real estate investor Chris Naghibi about the state of banks and the economy.
Chris’s “lazy moron” journey into the career he has now. (1:58)
What role do ‘rules & regulations’ play in some of these economic crises? (17:57)
Successful, but not stress-tested. (25:44)
What is a “run on the bank” and why is it so dangerous? (32:00)
Inflation’s comparison to losing body fat. (44:16)
Why in order to win you have to be an extremist. (48:38)
The impacts of institutional buying. (51:38)
His thoughts on long/short-term leases. (57:35)
How do these interest rate hikes affect banks? (1:03:58)
Playing ‘political chicken’ with the debt ceiling. (1:07:05)
Going down the rabbit hole on the future of digital currency. (1:13:02)
How retail traders influence the market. (1:18:45)
In order to create, we must destroy. The impact of A.I. (1:21:17)
Where can you put your money, earn the most, and spend the least? (1:31:50)
We are now trying to find ways to give people opportunities they didn’t earn. (1:35:40)
Changing your idea of investing. (1:39:37)
The impacts of hybrid work for society. (1:44:09)
Lessons learned from underwriting the wealthy. (1:51:22)
DO NOT confuse net worth with success. (2:03:46)
How does he wrestle with how his kid will inherit money? (2:08:19)
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Featured Guest/People Mentioned
Christopher M. Naghibi (@chrisnaghibi) Instagram
Saied M. Omar (@saiedm.omar) Instagram